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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

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

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%
https://raseiniuautobusuparkas.lt/
ROE

8.1%

Number of employees

44

Financial data provided as at end-December 2022

Management

  • Kęstutis DerliūnasChief Executive Officer

Information as of: 2023/04/30