Panevėžio specialus autotransportas
AB Panevėžio specialus autotransportas in 1995 was reorganized from state-owned cleaning company. Now AB Panevėžio specialus autotransportas is a modern company that has assembled a fleet of special-purpose vehicles required for waste management and others city maintenance services.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 5,787 | 7,058 | 7,933 | 10,158 |
| Cost of goods sold | 5,056 | 6,243 | 7,066 | 8,750 |
| Gross profit (loss) | 731 | 815 | 867 | 1,409 |
| Gross profit margin | 13% | 12% | 11% | 14% |
| Operating expenses | 423 | 472 | 532 | 672 |
| Operating profit (loss) | 308 | 343 | 336 | 736 |
| Operating profit margin | 5% | 5% | 4% | 7% |
| EBITDA | 654 | 758 | 841 | 1,296 |
| EBITDA margin | 11% | 11% | 11% | 13% |
| Net profit (loss) | 263 | 283 | 324 | 702 |
| Net profit margin | 5% | 4% | 4% | 7% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 3,281 | 3,382 | 3,404 | 4,440 |
| Intangible assets | 26 | 23 | 12 | 8 |
| Tangible assets | 3,255 | 3,359 | 3,392 | 4,378 |
| Financial assets | ||||
| Other non-current assets | 54 | |||
| Current assets | 1,349 | 1,364 | 1,546 | 2,178 |
| Inventories and prepaid expenses | 109 | 97 | 99 | 133 |
| Accounts receivable in one year | 789 | 929 | 956 | 1,377 |
| Other current assets | ||||
| Cash and cash equivalents | 451 | 338 | 491 | 669 |
| Total assets | 4,643 | 4,760 | 4,968 | 6,648 |
| Equity | 3,145 | 3,338 | 3,572 | 4,174 |
| Grants and subsidies | 760 | 648 | 535 | 949 |
| Liabilities | 737 | 774 | 862 | 1,525 |
| Financial liabilities | 0 | 0 | 0 | 324 |
| Long-term liabilities | 184 | |||
| Short-term liabilities | 737 | 774 | 862 | 1,341 |
| Equity and liabilities | 4,643 | 4,760 | 4,968 | 6,648 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 6% | 6% | 7% | 12% |
| Return on equity (ROE) | 9% | 9% | 9% | 18% |
| Return on capital employed (ROCE) | 10% | 10% | 9% | 17% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.05 |
| Current Ratio | 1.83 | 1.76 | 1.79 | 1.62 |
| Quick ratio | 1.68 | 1.64 | 1.68 | 1.53 |
| Turnover ratios | ||||
| Asset turnover | 1.25 | 1.48 | 1.60 | 1.53 |
| Fixed asset turnover | 1.76 | 2.09 | 2.33 | 2.29 |
| Equity turnover | 1.84 | 2.11 | 2.22 | 2.43 |
| Profitability ratios | ||||
| EBITDA margin | 11% | 11% | 11% | 13% |
| Operating profit margin | 5% | 5% | 4% | 7% |
| Net profit margin | 5% | 4% | 4% | 7% |
| Other ratios | ||||
| Dividends to the Municipality | 90.00 | 90.00 | 100.00 | 220.00 |
| Dividends paid / net profit | 0.34 | 0.32 | 0.31 | 0.31 |
Financial statments
Expectations of the municipal
About the company
- Official nameAB „Panevėžio specialus autotransportas“
- Legal formPublic limited liability company (AB)
- Company code247025610
- SectorOther
- Line of businessWaste management, maintenance of public areas
- Representing institutionPanevėžys city municipality
- Share belonging to the Municipal100%
Return to the Municipality
220 EUR thousand
ROE
18.1%
Number of employees
232
Financial data provided as at end-December 2023
Management
- Rolandas RamūnasChief Executive Officer
Information as of: 2024/04/30
