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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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%
http://www.plungesap.lt/
ROE

-11.7%

Number of employees

37

Financial data provided as at end-December 2021