Panevėžio autobusų parkas
UAB „Panevėžio autobusų parkas“ was registered on July 26, 1995. The main activity of the company is passenger transportation on local (urban) routes, local (suburban) routes, long-distance routes, charter trips. Other activities include parcel transportations by bus, advertising on buses, rental of real estate, filling of liquefied natural gas for individuals and legal entities.
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 6,489 | 6,813 | 4,815 | 5,208 |
| Cost of goods sold | 5,895 | 6,168 | 4,490 | 5,239 |
| Gross profit (loss) | 594 | 645 | 325 | -31 |
| Gross profit margin | 9% | 9% | 7% | -1% |
| Operating expenses | 592 | 602 | 395 | 258 |
| Operating profit (loss) | 2 | 42 | -70 | -289 |
| Operating profit margin | 0% | 1% | -1% | -6% |
| EBITDA | 549 | 586 | 622 | 369 |
| EBITDA margin | 8% | 9% | 13% | 7% |
| Net profit (loss) | 126 | 66 | -4 | -161 |
| Net profit margin | 2% | 1% | -0% | -3% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 5,928 | 7,472 | 6,624 | 5,902 |
| Intangible assets | 3 | 1 | 2 | |
| Tangible assets | 5,885 | 7,430 | 6,583 | 5,858 |
| Financial assets | ||||
| Other non-current assets | 40 | 42 | 41 | 42 |
| Current assets | 847 | 838 | 1,258 | 1,107 |
| Inventories and prepaid expenses | 292 | 221 | 218 | 266 |
| Accounts receivable in one year | 238 | 182 | 287 | 381 |
| Other current assets | ||||
| Cash and cash equivalents | 317 | 435 | 752 | 460 |
| Total assets | 6,815 | 8,354 | 8,137 | 7,236 |
| Equity | 2,883 | 2,949 | 2,945 | 2,784 |
| Grants and subsidies | 1,411 | 1,501 | 3,050 | 2,650 |
| Liabilities | 2,522 | 3,905 | 2,142 | 1,801 |
| Financial liabilities | 1,559 | 1,130 | 1,134 | 1,075 |
| Long-term liabilities | 1,130 | 766 | 794 | 481 |
| Short-term liabilities | 1,391 | 3,139 | 1,348 | 1,320 |
| Equity and liabilities | 6,815 | 8,354 | 8,137 | 7,236 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | 1% | -0% | -2% |
| Return on equity (ROE) | 4% | 2% | -0% | -6% |
| Return on capital employed (ROCE) | 4% | 4% | 1% | -7% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.54 | 0.38 | 0.38 | 0.39 |
| Current Ratio | 0.61 | 0.27 | 0.93 | 0.84 |
| Quick ratio | 0.40 | 0.20 | 0.77 | 0.64 |
| Turnover ratios | ||||
| Asset turnover | 0.84 | 0.90 | 0.58 | 0.68 |
| Fixed asset turnover | 1.07 | 1.02 | 0.68 | 0.83 |
| Equity turnover | 2.29 | 2.34 | 1.63 | 1.82 |
| Profitability ratios | ||||
| EBITDA margin | 8% | 9% | 13% | 7% |
| Operating profit margin | 0% | 1% | -1% | -6% |
| Net profit margin | 2% | 1% | -0% | -3% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Panevėžio autobusų parkas“
- Legal formPrivate limited liability company (UAB)
- Company code147024322
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionPanevėžys city municipality
- Share belonging to the Municipal100%
ROE
-5.6%
Number of employees
241
Financial data provided as at end-December 2021
