Plungės autobusų parkas
UAB „Plungės autobusų parkas“ was registered on December 24, 1991. The main activity of the company is passenger transportation by city, suburban, long-distance and charter trips. In addition to passenger transportation, the company is engaged in bus rental, luggage storage and transportation of parcels, renting premises as well as renting advertising space on city buses.
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 1,061 | 1,145 | 860 | 1,024 |
| Cost of goods sold | 919 | 976 | 733 | 935 |
| Gross profit (loss) | 143 | 169 | 128 | 90 |
| Gross profit margin | 13% | 15% | 15% | 9% |
| Operating expenses | 132 | 149 | 146 | 163 |
| Operating profit (loss) | 10 | 21 | -19 | -74 |
| Operating profit margin | 1% | 2% | -2% | -7% |
| EBITDA | 94 | 108 | 76 | 40 |
| EBITDA margin | 9% | 9% | 9% | 4% |
| Net profit (loss) | 6 | 14 | -20 | -76 |
| Net profit margin | 1% | 1% | -2% | -7% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 624 | 641 | 587 | 938 |
| Intangible assets | 0 | 33 | ||
| Tangible assets | 624 | 641 | 587 | 905 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 348 | 360 | 286 | 168 |
| Inventories and prepaid expenses | 8 | 5 | 8 | 19 |
| Accounts receivable in one year | 116 | 94 | 91 | 43 |
| Other current assets | ||||
| Cash and cash equivalents | 224 | 260 | 188 | 106 |
| Total assets | 998 | 1,024 | 888 | 1,128 |
| Equity | 690 | 705 | 685 | 609 |
| Grants and subsidies | ||||
| Liabilities | 308 | 320 | 203 | 520 |
| Financial liabilities | 308 | 320 | 100 | 371 |
| Long-term liabilities | 90 | 100 | 62 | 270 |
| Short-term liabilities | 218 | 219 | 142 | 250 |
| Equity and liabilities | 998 | 1,024 | 888 | 1,128 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 1% | -2% | -8% |
| Return on equity (ROE) | 1% | 2% | -3% | -12% |
| Return on capital employed (ROCE) | 3% | 5% | -5% | -16% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.45 | 0.45 | 0.15 | 0.61 |
| Current Ratio | 1.59 | 1.64 | 2.02 | 0.67 |
| Quick ratio | 1.56 | 1.62 | 1.96 | 0.60 |
| Turnover ratios | ||||
| Asset turnover | 1.08 | 1.13 | 0.90 | 1.02 |
| Fixed asset turnover | 1.61 | 1.81 | 1.40 | 1.34 |
| Equity turnover | 1.54 | 1.64 | 1.24 | 1.58 |
| Profitability ratios | ||||
| EBITDA margin | 9% | 9% | 9% | 4% |
| Operating profit margin | 1% | 2% | -2% | -7% |
| Net profit margin | 1% | 1% | -2% | -7% |
| Other ratios | ||||
| Dividends to the Municipality | 0.10 | 0.30 | ||
| Dividends paid / net profit | 0.02 | 0.02 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Plungės autobusų parkas“
- Legal formPrivate limited liability company (UAB)
- Company code269814430
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionPlungė district municipality
- Share belonging to the Municipal100%
ROE
-11.7%
Number of employees
37
Financial data provided as at end-December 2021
