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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Pasvalio autobusų parkas“ was registered on December 21, 1991. The main activities of the company are ensuring the provision of the necessary passenger transport services to the public using local and long-distance regular transport routes, maintenance and repair of motor vehicles, rental of real estate, rental of land transport equipment.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 520 194 196 462
Cost of goods sold 382 49 25 209
Gross profit (loss) 138 144 171 254
Gross profit margin 27% 74% 87% 55%
Operating expenses 129 134 156 215
Operating profit (loss) 9 10 15 39
Operating profit margin 2% 5% 8% 8%
EBITDA 51 46 52 121
EBITDA margin 10% 24% 26% 26%
Net profit (loss) 35 29 32 57
Net profit margin 7% 15% 16% 12%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 135 136 290 242
Intangible assets 0 0 0
Tangible assets 135 136 290 242
Financial assets
Other non-current assets
Current assets 253 190 216 266
Inventories and prepaid expenses 29 30 24 19
Accounts receivable in one year 192 116 76 52
Other current assets
Cash and cash equivalents 31 45 116 194
Total assets 393 330 514 517
Equity 228 257 289 346
Grants and subsidies
Liabilities 165 73 225 171
Financial liabilities 0 0 137 69
Long-term liabilities 69 34
Short-term liabilities 165 73 156 137
Equity and liabilities 393 330 514 517

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 8% 8% 8% 11%
Return on equity (ROE) 12% 12% 12% 18%
Return on capital employed (ROCE) 4% 4% 4% 10%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.27 0.13
Current Ratio 1.53 2.60 1.38 1.94
Quick ratio 1.36 2.19 1.23 1.80
Turnover ratios
Asset turnover 1.32 0.59 0.38 0.89
Fixed asset turnover 3.84 1.42 0.68 1.91
Equity turnover 2.28 0.75 0.68 1.34
Profitability ratios
EBITDA margin 10% 24% 26% 26%
Operating profit margin 2% 5% 8% 8%
Net profit margin 7% 15% 16% 12%
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

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** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Pasvalio autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code169139957
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionPasvalys district municipality
  • Share indirectly belonging to the Municipal0%
https://pasvalioap.lt/
ROE

18.0%

Number of employees

39

Financial data provided as at end-December 2022

Management

  • Giedra AndrijauskėChief Executive Officer

Information as of: 4/30/2023