Panevėžio butų ūkis
AB „Panevėžio butų ūkis“ was established on 27th of August, 1990. The main company’s activities are administration, maintenance (operation) and repair of common use facilities in multi-apartment buildings, non-residential premises and public facilities maintenance. Additional activity of the company is renting premises.
Financial results
P/L Statment
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Revenue | 2,519 | 2,611 | 2,643 | 2,797 |
| Cost of goods sold | 2,040 | 2,096 | 2,100 | 2,194 |
| Gross profit (loss) | 479 | 514 | 543 | 603 |
| Gross profit margin | 19% | 20% | 21% | 22% |
| Operating expenses | 459 | 490 | 512 | 571 |
| Operating profit (loss) | 20 | 24 | 31 | 32 |
| Operating profit margin | 1% | 1% | 1% | 1% |
| EBITDA | 87 | 82 | 90 | 110 |
| EBITDA margin | 3% | 3% | 3% | 4% |
| Net profit (loss) | 42 | 62 | 57 | 60 |
| Net profit margin | 2% | 2% | 2% | 2% |
Balance sheet
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Non-current assets | 409 | 404 | 392 | 377 |
| Intangible assets | 3 | 14 | 19 | 22 |
| Tangible assets | 365 | 354 | 353 | 345 |
| Financial assets | 41 | 36 | 20 | 10 |
| Other non-current assets | 0 | 0 | 0 | 0 |
| Current assets | 3,712 | 3,727 | 3,734 | 3,938 |
| Inventories and prepaid expenses | 40 | 30 | 26 | 40 |
| Accounts receivable in one year | 888 | 981 | 993 | 974 |
| Other current assets | 180 | 153 | 155 | 155 |
| Cash and cash equivalents | 2,604 | 2,563 | 2,560 | 2,769 |
| Total assets | 4,125 | 4,134 | 4,129 | 4,318 |
| Equity | 794 | 837 | 877 | 920 |
| Grants and subsidies | 0 | 0 | 0 | 0 |
| Liabilities | 3,331 | 3,297 | 3,252 | 3,398 |
| Financial liabilities | 101 | 3,297 | 115 | 53 |
| Long-term liabilities | 0 | 0 | 25 | 0 |
| Short-term liabilities | 3,331 | 3,297 | 3,227 | 3,398 |
| Equity and liabilities | 4,125 | 4,134 | 4,129 | 4,318 |
Financial ratios
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 2% | 1% | 1% |
| Return on equity (ROE) | 0% | 8% | 7% | 7% |
| Return on capital employed (ROCE) | 0% | 13% | 13% | 17% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 3.94 | 0.13 | 0.06 |
| Current Ratio | 0.00 | 1.13 | 1.16 | 1.16 |
| Quick ratio | 0.00 | 1.12 | 1.15 | 1.15 |
| Turnover ratios | ||||
| Asset turnover | 0.00 | 0.63 | 0.64 | 0.66 |
| Fixed asset turnover | 0.00 | 6.43 | 6.65 | 7.28 |
| Equity turnover | 0.00 | 3.20 | 3.08 | 3.11 |
| Profitability ratios | ||||
| EBITDA margin | 0% | 3% | 3% | 4% |
| Operating profit margin | 0% | 1% | 1% | 1% |
| Net profit margin | 0% | 2% | 2% | 2% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 12.89 | 13.20 | 14.12 |
| Dividends paid / net profit | 0.00 | 0.21 | 0.23 | 0.23 |
Financial statments
Expectations of the municipal
About the company
- Official nameAB „Panevėžio butų ūkis“
- Legal formPublic limited liability company (AB)
- Company code147146714
- SectorOther
- Line of businessApartment management
- Representing institutionPanevėžys city municipality
- Share belonging to the Municipal77.6%
ROE
6.7%
Number of employees
166
Financial data provided as at end-December 2020
