Raseinių autobusų parkas
UAB „Raseinių autobusų parkas“ was registered on January 28, 1992. Main activities of the company are: urban and suburban bus transport, maintenance and repair of motor vehicles, moving services, land transport services, renting and operating of own or leased real estate, rental of cars and light motor vehicles, and leasing, rental of other machinery, equipment and tangible goods.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 781 | 371 | 428 | 825 |
| Cost of goods sold | 662 | 253 | 292 | 661 |
| Gross profit (loss) | 119 | 119 | 136 | 164 |
| Gross profit margin | 15% | 32% | 32% | 20% |
| Operating expenses | 146 | 82 | ||
| Operating profit (loss) | -27 | 37 | 64 | 65 |
| Operating profit margin | -3% | 10% | 15% | 8% |
| EBITDA | 205 | 316 | 215 | 318 |
| EBITDA margin | 26% | 85% | 50% | 39% |
| Net profit (loss) | -33 | 82 | 54 | 58 |
| Net profit margin | -4% | 22% | 13% | 7% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 1,371 | 1,192 | 1,116 | 963 |
| Intangible assets | 0 | |||
| Tangible assets | 1,371 | 1,192 | 1,116 | 963 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 286 | 417 | 448 | 535 |
| Inventories and prepaid expenses | 31 | 13 | 22 | 47 |
| Accounts receivable in one year | 158 | 129 | 70 | 205 |
| Other current assets | ||||
| Cash and cash equivalents | 97 | 276 | 355 | 282 |
| Total assets | 1,660 | 1,613 | 1,569 | 1,506 |
| Equity | 470 | 552 | 671 | 765 |
| Grants and subsidies | 700 | 626 | 576 | 514 |
| Liabilities | 490 | 435 | 322 | 227 |
| Financial liabilities | 327 | 269 | 154 | 39 |
| Long-term liabilities | 212 | 154 | 39 | 0 |
| Short-term liabilities | 278 | 281 | 284 | 227 |
| Equity and liabilities | 1,660 | 1,613 | 1,569 | 1,506 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | 5% | 3% | 4% |
| Return on equity (ROE) | -7% | 16% | 9% | 8% |
| Return on capital employed (ROCE) | -4% | 5% | 9% | 8% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.20 | 0.17 | 0.10 | 0.03 |
| Current Ratio | 1.03 | 1.49 | 1.58 | 2.36 |
| Quick ratio | 0.92 | 1.44 | 1.50 | 2.15 |
| Turnover ratios | ||||
| Asset turnover | 0.47 | 0.23 | 0.27 | 0.55 |
| Fixed asset turnover | 0.57 | 0.31 | 0.38 | 0.86 |
| Equity turnover | 1.66 | 0.67 | 0.64 | 1.08 |
| Profitability ratios | ||||
| EBITDA margin | 26% | 85% | 50% | 39% |
| Operating profit margin | -3% | 10% | 15% | 8% |
| Net profit margin | -4% | 22% | 13% | 7% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Raseinių autobusų parkas“
- Legal formPrivate limited liability company (UAB)
- Company code172247665
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionRaseiniai district municipality
- Share belonging to the Municipal100%
ROE
8.1%
Number of employees
44
Financial data provided as at end-December 2022
Management
- Kęstutis DerliūnasChief Executive Officer
Information as of: 4/30/2023
