Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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

2021 2022 2023 2024
Revenue 7,058 7,933 10,158 11,196
Cost of goods sold 6,243 7,066 8,750 9,727
Gross profit (loss) 815 867 1,409 1,469
Gross profit margin 12% 11% 14% 13%
Operating expenses 472 532 672 761
Operating profit (loss) 343 336 736 707
Operating profit margin 5% 4% 7% 6%
EBITDA 758 841 1,308 1,340
EBITDA margin 11% 11% 13% 12%
Net profit (loss) 283 324 702 621
Net profit margin 4% 4% 7% 6%

Balance sheet

2021 2022 2023 2024
Non-current assets 3,382 3,404 4,440 5,921
Intangible assets 23 12 8 25
Tangible assets 3,359 3,392 4,378 5,825
Financial assets
Other non-current assets 54 71
Current assets 1,364 1,546 2,178 1,961
Inventories and prepaid expenses 97 99 133 186
Accounts receivable in one year 929 956 1,377 1,259
Other current assets
Cash and cash equivalents 338 491 669 516
Total assets 4,760 4,968 6,648 7,922
Equity 3,338 3,572 4,174 4,575
Grants and subsidies 648 535 949 1,933
Liabilities 774 862 1,525 1,410
Financial liabilities 0 0 324 415
Long-term liabilities 184 191
Short-term liabilities 774 862 1,341 1,219
Equity and liabilities 4,760 4,968 6,648 7,922

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) 6% 7% 12% 9%
Return on equity (ROE) 9% 9% 18% 14%
Return on capital employed (ROCE) 10% 9% 17% 15%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.05 0.05
Current Ratio 1.76 1.79 1.62 1.61
Quick ratio 1.64 1.68 1.53 1.46
Turnover ratios
Asset turnover 1.48 1.60 1.53 1.41
Fixed asset turnover 2.09 2.33 2.29 1.89
Equity turnover 2.11 2.22 2.43 2.45
Profitability ratios
EBITDA margin 11% 11% 13% 12%
Operating profit margin 5% 4% 7% 6%
Net profit margin 4% 4% 7% 6%
Other ratios
Dividends to the Municipality 90.00 100.00 220.00 190.00
Dividends paid / net profit 0.32 0.31 0.31 0.31

Expectations of the municipal

About the company

  • Official nameAB „Panevėžio specialus autotransportas“
  • Legal formPublic limited liability company (AB)
  • Company code247025610
  • SectorWaste and environmental management
  • Line of businessWaste management, maintenance of public areas
  • Representing institutionPanevėžys city municipality
  • Share belonging to the Municipal100%
  • Contacts https://psa.lt/
Return to the Municipality

190 EUR thousand

ROE

14.2%

Number of employees

234

Financial data provided as at end-December 2024

Management

  • Rolandas RamūnasChief Executive Officer

Information as of: 2025/06/01