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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ „Plungės būstas“ was established on 20th of January, 2000. The main activities are the maintenance of common use objects in multi-apartment residential buildings, maintenance of land plots assigned to houses, and electrical maintenance. Other activities – sauna service, public toilet maintenance.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 304 441 550 721
Cost of goods sold 303 11 19 219
Gross profit (loss) 0 430 531 503
Gross profit margin 0% 98% 97% 70%
Operating expenses 461 588 571
Operating profit (loss) 0 -31 -57 -68
Operating profit margin 0% -7% -10% -9%
EBITDA 18 8 16 19
EBITDA margin 6% 2% 3% 3%
Net profit (loss) 1 3 5 6
Net profit margin 0% 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

2019 2020 2021 2022
Non-current assets 493 490 486 491
Intangible assets 2 9 4
Tangible assets 493 488 478 487
Financial assets
Other non-current assets
Current assets 1,136 1,397 1,483 1,341
Inventories and prepaid expenses 11 9 8 11
Accounts receivable in one year 390 431 421 384
Other current assets
Cash and cash equivalents 734 957 1,054 947
Total assets 1,628 1,887 1,970 1,833
Equity 754 756 759 756
Grants and subsidies
Liabilities 874 1,131 1,211 1,077
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 874 1,131 1,211 1,077
Equity and liabilities 1,628 1,887 1,970 1,833

* 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) 0% 0% 0% 0%
Return on equity (ROE) 0% 0% 1% 1%
Return on capital employed (ROCE) 0% -4% -7% -9%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 1.30 1.24 1.22 1.25
Quick ratio 1.29 1.23 1.22 1.24
Turnover ratios
Asset turnover 0.19 0.23 0.28 0.39
Fixed asset turnover 0.62 0.90 1.13 1.47
Equity turnover 0.40 0.58 0.72 0.95
Profitability ratios
EBITDA margin 6% 2% 3% 3%
Operating profit margin 0% -7% -10% -9%
Net profit margin 0% 1% 1% 1%
Other ratios
Dividends to the Municipality 0.80 2.30 4.50 4.80
Dividends paid / net profit 0.80 0.85 0.85 0.86

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

Financial statments

2020 m. metinės ataskaitos

About the company

  • Official nameSĮ „Plungės būstas“
  • Legal formMunicipality enterprise (SĮ)
  • Company code271042320
  • SectorOther
  • Line of businessApartment management
  • Representing institutionPlungė district municipality
  • Share belonging to the Municipal100%
https://pbustas.lt/
Return to the Municipality

5 EUR thousand

ROE

0.7%

Number of employees

23

Financial data provided as at end-December 2022