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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 5,212 | 5,449 | 5,787 | 7,058 |
| Cost of goods sold | 4,678 | 4,874 | 5,056 | 6,243 |
| Gross profit (loss) | 534 | 576 | 731 | 815 |
| Gross profit margin | 10% | 11% | 13% | 12% |
| Operating expenses | 398 | 406 | 423 | 472 |
| Operating profit (loss) | 136 | 169 | 308 | 343 |
| Operating profit margin | 3% | 3% | 5% | 5% |
| EBITDA | 471 | 519 | 654 | 758 |
| EBITDA margin | 9% | 10% | 11% | 11% |
| Net profit (loss) | 116 | 167 | 263 | 283 |
| Net profit margin | 2% | 3% | 5% | 4% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 1,981 | 2,302 | 3,281 | 3,382 |
| Intangible assets | 8 | 2 | 26 | 23 |
| Tangible assets | 1,973 | 2,300 | 3,255 | 3,359 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 1,507 | 1,329 | 1,349 | 1,364 |
| Inventories and prepaid expenses | 145 | 138 | 109 | 97 |
| Accounts receivable in one year | 986 | 785 | 789 | 929 |
| Other current assets | ||||
| Cash and cash equivalents | 376 | 405 | 451 | 338 |
| Total assets | 3,498 | 3,644 | 4,643 | 4,760 |
| Equity | 2,800 | 2,932 | 3,145 | 3,338 |
| Grants and subsidies | 0 | 308 | 760 | 648 |
| Liabilities | 698 | 405 | 737 | 774 |
| Financial liabilities | 6 | |||
| Long-term liabilities | ||||
| Short-term liabilities | 698 | 405 | 737 | 774 |
| Equity and liabilities | 3,498 | 3,644 | 4,643 | 4,760 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 3% | 5% | 6% | 6% |
| Return on equity (ROE) | 4% | 6% | 9% | 9% |
| Return on capital employed (ROCE) | 10% | 10% | 16% | 18% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | |||
| Current Ratio | 2.16 | 3.28 | 1.83 | 1.76 |
| Quick ratio | 1.95 | 2.94 | 1.68 | 1.64 |
| Turnover ratios | ||||
| Asset turnover | 1.49 | 1.53 | 1.40 | 1.50 |
| Fixed asset turnover | 2.64 | 2.54 | 2.07 | 2.12 |
| Equity turnover | 1.89 | 1.90 | 1.90 | 2.18 |
| Profitability ratios | ||||
| EBITDA margin | 9% | 10% | 11% | 11% |
| Operating profit margin | 3% | 3% | 5% | 5% |
| Net profit margin | 2% | 3% | 5% | 4% |
| Other ratios | ||||
| Dividends to the Municipality | 35.00 | 50.00 | 90.00 | 90.00 |
| Dividends paid / net profit | 0.30 | 0.30 | 0.34 | 0.32 |
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%
ROE
8.7%
Number of employees
251
Financial data provided as at end-December 2021
