Palangos Klevas
UAB „Palangos Klevas“ was established on the 30th of December, 1991. The company’s main activity is a marketplace maintenance and administration.
Financial results
P/L Statment
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | 125 | 179 | 195 | 250 |
| Cost of goods sold | 93 | 90 | 94 | 122 |
| Gross profit (loss) | 32 | 89 | 101 | 128 |
| Gross profit margin | 25% | 50% | 52% | 51% |
| Operating expenses | 42 | 44 | 54 | 79 |
| Operating profit (loss) | -11 | 45 | 47 | 49 |
| Operating profit margin | -8% | 25% | 24% | 20% |
| EBITDA | 13 | 60 | 60 | 67 |
| EBITDA margin | 10% | 33% | 31% | 27% |
| Net profit (loss) | -10 | 41 | 47 | 55 |
| Net profit margin | -8% | 23% | 24% | 22% |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 116 | 102 | 96 | 98 |
| Intangible assets | ||||
| Tangible assets | 113 | 102 | 96 | 98 |
| Financial assets | 1 | |||
| Other non-current assets | 2 | |||
| Current assets | 206 | 261 | 286 | 294 |
| Inventories and prepaid expenses | 1 | |||
| Accounts receivable in one year | 1 | 5 | 1 | 4 |
| Other current assets | 100 | 100 | 150 | |
| Cash and cash equivalents | 104 | 156 | 136 | 290 |
| Total assets | 322 | 363 | 383 | 392 |
| Equity | 299 | 340 | 360 | 368 |
| Grants and subsidies | ||||
| Liabilities | 23 | 23 | 23 | 24 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | 23 | 24 | ||
| Short-term liabilities | 23 | 23 | ||
| Equity and liabilities | 322 | 363 | 383 | 392 |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -3% | 12% | 13% | 14% |
| Return on equity (ROE) | -3% | 13% | 13% | 15% |
| Return on capital employed (ROCE) | -4% | 13% | 12% | 13% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 9.10 | 11.57 | ||
| Quick ratio | 9.10 | 11.57 | ||
| Turnover ratios | ||||
| Asset turnover | 0.39 | 0.49 | 0.51 | 0.64 |
| Fixed asset turnover | 1.08 | 1.76 | 2.04 | 2.56 |
| Equity turnover | 0.42 | 0.52 | 0.54 | 0.68 |
| Profitability ratios | ||||
| EBITDA margin | 10% | 33% | 31% | 27% |
| Operating profit margin | -8% | 25% | 24% | 20% |
| Net profit margin | -8% | 23% | 24% | 22% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 38.10 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.81 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Palangos Klevas“
- Legal formPrivate limited liability company (UAB)
- Company code152492671
- SectorOther
- Line of businessMarketplace administration
- Representing institutionPalanga city municipality
- Share belonging to the Municipal100%
- Contacts https://palangosturgus.lt/
ROE
15.1%
Number of employees
6
Financial data provided as at end-December 2024
Management
- Inga GaldikienėChief Executive Officer
Information as of: 2025/06/01
