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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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

2018 2019 2020 2021
Revenue 756 781 371 428
Cost of goods sold 704 662 253 292
Gross profit (loss) 53 119 119 136
Gross profit margin 7% 15% 32% 32%
Operating expenses 205 146 82 72
Operating profit (loss) -152 -27 37 64
Operating profit margin -20% -3% 10% 15%
EBITDA 74 205 316 298
EBITDA margin 10% 26% 85% 70%
Net profit (loss) -176 -33 82 69
Net profit margin -23% -4% 22% 16%

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*** 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 1,595 1,371 1,192 1,116
Intangible assets 1 0
Tangible assets 1,595 1,371 1,192 1,116
Financial assets
Other non-current assets
Current assets 294 286 417 448
Inventories and prepaid expenses 14 31 13 22
Accounts receivable in one year 26 158 129 70
Other current assets
Cash and cash equivalents 254 97 276 355
Total assets 1,893 1,660 1,613 1,569
Equity 502 470 552 671
Grants and subsidies 763 700 626 576
Liabilities 628 490 435 322
Financial liabilities 516 327 269 154
Long-term liabilities 327 212 154 39
Short-term liabilities 301 278 281 284
Equity and liabilities 1,893 1,660 1,613 1,569

* 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) -8% -2% 5% 4%
Return on equity (ROE) -32% -7% 16% 11%
Return on capital employed (ROCE) -20% -3% 14% 12%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 1.03 0.70 0.49 0.23
Current Ratio 0.98 1.03 1.49 1.58
Quick ratio 0.93 0.92 1.44 1.50
Turnover ratios
Asset turnover 0.35 0.44 0.23 0.27
Fixed asset turnover 0.45 0.53 0.29 0.37
Equity turnover 1.37 1.61 0.73 0.70
Profitability ratios
EBITDA margin 10% 26% 85% 70%
Operating profit margin -20% -3% 10% 15%
Net profit margin -23% -4% 22% 16%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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*** 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 „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%
https://raseiniuautobusuparkas.lt/
ROE

11.3%

Number of employees

42

Financial data provided as at end-December 2021