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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Šakių autobusų parkas“ was registered on January 9, 1992. The main activities of the company are passenger transport by bus in the city and suburbs, additional and auxiliary transport activities, renting of real estate, maintenance and repair of motor vehicles.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 1,045 714 662 1,091
Cost of goods sold 882 688 620 1,026
Gross profit (loss) 163 26 42 64
Gross profit margin 16% 4% 6% 6%
Operating expenses 211 170 145 201
Operating profit (loss) -49 -144 -103 -137
Operating profit margin -5% -20% -16% -13%
EBITDA 195 92 132 143
EBITDA margin 19% 13% 20% 13%
Net profit (loss) 61 -55 1 0
Net profit margin 6% -8% 0% 0%

Balance sheet

2019 2020 2021 2022
Non-current assets 412 266 296 351
Intangible assets 0 1
Tangible assets 412 266 296 350
Financial assets
Other non-current assets
Current assets 312 322 327 292
Inventories and prepaid expenses 64 19 45 42
Accounts receivable in one year 67 25 37 27
Other current assets
Cash and cash equivalents 181 278 245 223
Total assets 734 595 629 652
Equity 576 521 522 522
Grants and subsidies
Liabilities 159 75 107 130
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 159 75 107 130
Equity and liabilities 734 595 629 652

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 9% -8% 0% 0%
Return on equity (ROE) 11% -10% 0% 0%
Return on capital employed (ROCE) -8% -28% -20% -26%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 1.97 4.32 3.05 2.25
Quick ratio 1.56 4.07 2.63 1.93
Turnover ratios
Asset turnover 1.42 1.20 1.05 1.67
Fixed asset turnover 2.53 2.69 2.24 3.10
Equity turnover 1.82 1.37 1.27 2.09
Profitability ratios
EBITDA margin 19% 13% 20% 13%
Operating profit margin -5% -20% -16% -13%
Net profit margin 6% -8% 0% 0%
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 „Šakių autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code174273897
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionŠakiai district municipality
  • Share indirectly belonging to the Municipal0%
https://sakiuap.lt/
ROE

0.1%

Number of employees

44

Financial data provided as at end-December 2022

Management

  • Tomas PovilaitisChief Executive Officer

Information as of: 4/30/2023