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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 121 | 127 | 119 | 125 |
Cost of goods sold | 78 | 79 | 89 | 93 |
Gross profit (loss) | 44 | 48 | 30 | 32 |
Gross profit margin | 36% | 38% | 25% | 25% |
Operating expenses | 37 | 43 | 46 | 42 |
Operating profit (loss) | 6 | 5 | -16 | -11 |
Operating profit margin | 5% | 4% | -14% | -8% |
EBITDA | 27 | 25 | 10 | 13 |
EBITDA margin | 22% | 20% | 8% | 10% |
Net profit (loss) | 6 | 4 | -9 | -10 |
Net profit margin | 5% | 3% | -8% | -8% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 159 | 145 | 132 | 116 |
Intangible assets | ||||
Tangible assets | 137 | 132 | 120 | 113 |
Financial assets | 1 | |||
Other non-current assets | 21 | 13 | 12 | 2 |
Current assets | 185 | 200 | 197 | 206 |
Inventories and prepaid expenses | 1 | |||
Accounts receivable in one year | 2 | 1 | 2 | 1 |
Other current assets | 80 | 100 | 100 | 100 |
Cash and cash equivalents | 102 | 99 | 95 | 104 |
Total assets | 344 | 345 | 329 | 322 |
Equity | 324 | 323 | 309 | 299 |
Grants and subsidies | ||||
Liabilities | 21 | 22 | 20 | 23 |
Financial liabilities | ||||
Long-term liabilities | ||||
Short-term liabilities | 21 | 22 | 20 | 23 |
Equity and liabilities | 344 | 345 | 329 | 322 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 2% | 1% | -3% | -3% |
Return on equity (ROE) | 2% | 1% | -3% | -3% |
Return on capital employed (ROCE) | 4% | 3% | -10% | -7% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | ||||
Current Ratio | 9.03 | 9.00 | 9.69 | 9.10 |
Quick ratio | 8.99 | 9.00 | 9.69 | 9.10 |
Turnover ratios | ||||
Asset turnover | 0.35 | 0.37 | 0.35 | 0.38 |
Fixed asset turnover | 0.73 | 0.84 | 0.86 | 1.01 |
Equity turnover | 0.37 | 0.39 | 0.38 | 0.41 |
Profitability ratios | ||||
EBITDA margin | 22% | 20% | 8% | 10% |
Operating profit margin | 5% | 4% | -14% | -8% |
Net profit margin | 5% | 3% | -8% | -8% |
Other ratios | ||||
Dividends to the Municipality | 5.30 | |||
Dividends paid / net profit | 0.96 |
Financial statments
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%
ROE
-3.3%
Number of employees
7
Financial data provided as at end-December 2021