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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 6,813 | 4,815 | 5,208 | 7,518 |
| Cost of goods sold | 6,168 | 4,490 | 5,239 | 7,128 |
| Gross profit (loss) | 645 | 325 | -31 | 390 |
| Gross profit margin | 9% | 7% | -1% | 5% |
| Operating expenses | 269 | 227 | 200 | 197 |
| Operating profit (loss) | 42 | -70 | -289 | -63 |
| Operating profit margin | 1% | -1% | -6% | -1% |
| EBITDA | 586 | 622 | 369 | 637 |
| EBITDA margin | 9% | 13% | 7% | 8% |
| Net profit (loss) | 66 | -4 | -161 | 77 |
| Net profit margin | 1% | -0% | -3% | 1% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 7,472 | 6,624 | 5,902 | 5,450 |
| Intangible assets | 1 | 0 | 2 | 4 |
| Tangible assets | 7,430 | 6,583 | 5,858 | 5,400 |
| Financial assets | ||||
| Other non-current assets | 42 | 41 | 42 | 46 |
| Current assets | 838 | 1,258 | 1,107 | 1,069 |
| Inventories and prepaid expenses | 221 | 218 | 266 | 281 |
| Accounts receivable in one year | 182 | 287 | 381 | 473 |
| Other current assets | ||||
| Cash and cash equivalents | 435 | 752 | 460 | 314 |
| Total assets | 8,354 | 8,137 | 7,236 | 6,804 |
| Equity | 2,949 | 2,945 | 2,784 | 2,862 |
| Grants and subsidies | 1,501 | 3,050 | 2,650 | 2,251 |
| Liabilities | 3,905 | 2,142 | 1,801 | 1,692 |
| Financial liabilities | 1,130 | 1,134 | 1,075 | 788 |
| Long-term liabilities | 766 | 794 | 481 | 345 |
| Short-term liabilities | 3,139 | 1,348 | 1,320 | 1,347 |
| Equity and liabilities | 8,354 | 8,137 | 7,236 | 6,804 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | -0% | -2% | 1% |
| Return on equity (ROE) | 2% | -0% | -6% | 3% |
| Return on capital employed (ROCE) | 1% | -2% | -9% | -2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.14 | 0.14 | 0.15 | 0.12 |
| Current Ratio | 0.27 | 0.93 | 0.84 | 0.79 |
| Quick ratio | 0.20 | 0.77 | 0.64 | 0.58 |
| Turnover ratios | ||||
| Asset turnover | 0.82 | 0.59 | 0.72 | 1.10 |
| Fixed asset turnover | 0.91 | 0.73 | 0.88 | 1.38 |
| Equity turnover | 2.31 | 1.63 | 1.87 | 2.63 |
| Profitability ratios | ||||
| EBITDA margin | 9% | 13% | 7% | 8% |
| Operating profit margin | 1% | -1% | -6% | -1% |
| Net profit margin | 1% | -0% | -3% | 1% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
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 indirectly belonging to the Municipal0%
ROE
2.7%
Number of employees
218
Financial data provided as at end-December 2022
Management
- Arnoldas GražysChief Executive Officer
Information as of: 4/30/2023
