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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

2018 2019 2020 2021
Revenue 331 520 194 196
Cost of goods sold 202 382 49 25
Gross profit (loss) 129 138 144 171
Gross profit margin 39% 27% 74% 87%
Operating expenses 127 129 134 156
Operating profit (loss) 1 9 10 15
Operating profit margin 0% 2% 5% 8%
EBITDA 39 51 46 52
EBITDA margin 12% 10% 24% 26%
Net profit (loss) 20 35 29 32
Net profit margin 6% 7% 15% 16%

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

Balance sheet

2018 2019 2020 2021
Non-current assets 124 135 136 290
Intangible assets 0 0 0
Tangible assets 123 135 136 290
Financial assets
Other non-current assets 2
Current assets 325 253 190 216
Inventories and prepaid expenses 23 29 30 24
Accounts receivable in one year 221 192 116 76
Other current assets
Cash and cash equivalents 80 31 45 116
Total assets 455 393 330 514
Equity 325 228 257 289
Grants and subsidies
Liabilities 130 165 73 225
Financial liabilities 137
Long-term liabilities 69
Short-term liabilities 130 165 73 156
Equity and liabilities 455 393 330 514

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

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 4% 8% 8% 8%
Return on equity (ROE) 6% 12% 12% 12%
Return on capital employed (ROCE) 13% 33% 24% 19%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.47
Current Ratio 2.50 1.53 2.60 1.38
Quick ratio 2.32 1.36 2.19 1.23
Turnover ratios
Asset turnover 0.73 1.23 0.54 0.46
Fixed asset turnover 2.51 4.01 1.43 0.92
Equity turnover 1.05 1.88 0.80 0.72
Profitability ratios
EBITDA margin 12% 10% 24% 26%
Operating profit margin 0% 2% 5% 8%
Net profit margin 6% 7% 15% 16%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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

Financial statments

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 belonging to the Municipal100%
https://pasvalioap.lt/
ROE

11.7%

Number of employees

39

Financial data provided as at end-December 2021