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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

AB „Rokiškio butų ūkis“ was stablished on 16th of November, 1990. The main activity is real estate management for fee or by contract. The company also has a payment institution license. Company provides paid services to residents and institutions, calculates and collects taxes.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 525 538 588 654
Cost of goods sold 450 431 427 492
Gross profit (loss) 75 107 160 162
Gross profit margin 14% 20% 27% 25%
Operating expenses 74 92 110 136
Operating profit (loss) 2 15 51 25
Operating profit margin 0% 3% 9% 4%
EBITDA 7 19 54 30
EBITDA margin 1% 3% 9% 5%
Net profit (loss) 11 15 47 29
Net profit margin 2% 3% 8% 4%

Balance sheet

2018 2019 2020 2021
Non-current assets 7 5 8 7
Intangible assets
Tangible assets 7 5 8 7
Financial assets
Other non-current assets
Current assets 484 495 586 649
Inventories and prepaid expenses 4 5 7 6
Accounts receivable in one year 149 155 160 168
Other current assets
Cash and cash equivalents 331 335 419 474
Total assets 492 502 595 657
Equity 194 209 255 274
Grants and subsidies
Liabilities 298 293 340 383
Financial liabilities
Long-term liabilities
Short-term liabilities 298 293 340 383
Equity and liabilities 492 502 595 657

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 2% 3% 8% 5%
Return on equity (ROE) 6% 7% 20% 11%
Return on capital employed (ROCE) 4% 16% 41% 20%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 1.62 1.69 1.72 1.69
Quick ratio 1.61 1.67 1.70 1.68
Turnover ratios
Asset turnover 1.06 1.08 1.07 1.04
Fixed asset turnover 66.08 91.10 89.03 88.32
Equity turnover 2.79 2.67 2.53 2.47
Profitability ratios
EBITDA margin 1% 3% 9% 5%
Operating profit margin 0% 3% 9% 4%
Net profit margin 2% 3% 8% 4%
Other ratios
Dividends to the Municipality 5.29
Dividends paid / net profit 0.11

Financial statments

Expectations of the municipal

About the company

  • Official nameAB „Rokiškio butų ūkis“
  • Legal formPublic limited liability company (AB)
  • Company code173001047
  • SectorOther
  • Line of businessApartment management
  • Representing institutionRokiškis district municipality
  • Share belonging to the Municipal70.5%
http://www.rbu.lt/
ROE

10.9%

Number of employees

30

Financial data provided as at end-December 2021