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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Pasvalio knygos“ was established on 3rd of July,1995. The main activity is books sale in specialized stores.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 108 120 124 132
Cost of goods sold 73 81 90 94
Gross profit (loss) 35 39 34 38
Gross profit margin 33% 33% 28% 29%
Operating expenses 44 46 39 41
Operating profit (loss) -9 -7 -4 -3
Operating profit margin -9% -6% -4% -2%
EBITDA -2 1 2 2
EBITDA margin -1% 1% 2% 1%
Net profit (loss) -4 -1 1 1
Net profit margin -4% -1% 1% 1%

* Left axis

** Right axis

*** 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 4 2 1 1
Intangible assets
Tangible assets 4 2 1 1
Financial assets
Other non-current assets
Current assets 41 40 48 46
Inventories and prepaid expenses 30 35 33 36
Accounts receivable in one year 1 1 3 0
Other current assets
Cash and cash equivalents 11 4 12 10
Total assets 45 42 49 48
Equity 2 5 7 8
Grants and subsidies 5 3
Liabilities 43 37 38 37
Financial liabilities
Long-term liabilities
Short-term liabilities 43 37 38 37
Equity and liabilities 45 42 49 48

* 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) -9% -3% 2% 3%
Return on equity (ROE) -404% -44% 15% 17%
Return on capital employed (ROCE) -425% -63% 16% 24%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 0.95 1.06 1.25 1.25
Quick ratio 0.26 0.13 0.38 0.27
Turnover ratios
Asset turnover 2.47 2.77 2.72 2.73
Fixed asset turnover 20.49 39.13 70.78 94.36
Equity turnover 105.25 37.03 22.48 18.61
Profitability ratios
EBITDA margin -1% 1% 2% 1%
Operating profit margin -9% -6% -4% -2%
Net profit margin -4% -1% 1% 1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

* Left axis

** Right axis

*** 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 knygos“
  • Legal formPrivate limited liability company (UAB)
  • Company code169167554
  • SectorOther
  • Line of businessBookstore services
  • Representing institutionPasvalys district municipality
  • Share belonging to the Municipal100%
ROE

17.3%

Number of employees

5

Financial data provided as at end-December 2021