Panevėžio gatvės
UAB „Panevėžio gatvės“ was established on 31th of August, 1995. The company provides city streets, sidewalks, bridges, parks, small architecture operation and maintenance services, city lighting networks repair, city ring roads maintenance. Company’s regulated activities – city’s surface wastewater treatment system maintenance and repair, emergency oil spill liquidation on streets and water bodies, oil-contaminated sorbents removal, wastewater laboratory control. Other activity – non-residential premises rent.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 2,012 | 1,884 | 2,340 | 2,202 |
| Cost of goods sold | 1,675 | 1,632 | 1,996 | 2,027 |
| Gross profit (loss) | 337 | 252 | 345 | 175 |
| Gross profit margin | 17% | 13% | 15% | 8% |
| Operating expenses | 331 | 314 | 324 | 315 |
| Operating profit (loss) | 6 | -62 | 21 | -139 |
| Operating profit margin | 0% | -3% | 1% | -6% |
| EBITDA | 81 | 21 | 142 | 169 |
| EBITDA margin | 4% | 1% | 6% | 8% |
| Net profit (loss) | 9 | 3 | 16 | -137 |
| Net profit margin | 0% | 0% | 1% | -6% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 3,647 | 6,819 | 7,124 | 8,336 |
| Intangible assets | 0 | 0 | 5 | 2 |
| Tangible assets | 3,583 | 4,184 | 5,014 | 6,429 |
| Financial assets | 0 | 0 | 0 | 0 |
| Other non-current assets | 64 | 2,635 | 2,106 | 1,904 |
| Current assets | 1,370 | 1,635 | 1,643 | 756 |
| Inventories and prepaid expenses | 34 | 49 | 42 | 44 |
| Accounts receivable in one year | 146 | 335 | 292 | 286 |
| Other current assets | 0 | 0 | 0 | 75 |
| Cash and cash equivalents | 1,190 | 1,251 | 1,309 | 351 |
| Total assets | 5,081 | 8,461 | 8,777 | 9,100 |
| Equity | 1,079 | 1,047 | 1,064 | 927 |
| Grants and subsidies | 3,583 | 3,759 | 4,396 | 5,914 |
| Liabilities | 362 | 3,637 | 3,298 | 2,250 |
| Financial liabilities | 0 | 0 | 43 | 33 |
| Long-term liabilities | 61 | 2,657 | 2,163 | 1,922 |
| Short-term liabilities | 301 | 980 | 1,136 | 328 |
| Equity and liabilities | 5,081 | 8,461 | 8,777 | 9,100 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 0% | 0% | -2% |
| Return on equity (ROE) | 1% | 0% | 2% | -14% |
| Return on capital employed (ROCE) | 1% | -2% | 1% | -5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 4.55 | 1.67 | 1.45 | 2.30 |
| Quick ratio | 4.44 | 1.62 | 1.41 | 2.17 |
| Turnover ratios | ||||
| Asset turnover | 0.40 | 0.22 | 0.27 | 0.24 |
| Fixed asset turnover | 0.55 | 0.28 | 0.33 | 0.26 |
| Equity turnover | 1.86 | 1.80 | 2.20 | 2.38 |
| Profitability ratios | ||||
| EBITDA margin | 4% | 1% | 6% | 8% |
| Operating profit margin | 0% | -3% | 1% | -6% |
| Net profit margin | 0% | 0% | 1% | -6% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB „Panevėžio gatvės“
- Legal formPrivate limited liability company (UAB)
- Company code147026330
- SectorOther
- Line of businessMaintenance of public areas
- Representing institutionPanevėžys city municipality
- Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
- Share belonging to the Municipal100%
ROE
-13.7%
Number of employees
70
Financial data provided as at end-December 2023
Management
- Arvydas ZapalskisChief Executive Officer
Information as of: 2024/04/30
