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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Šakių laidotuvių namai“ was established on 13th of July, 1995. The main activities are funeral services and other related services, real estate and other items rent, funeral and other goods sale, transport services, catering services.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 420 302 340 404
Cost of goods sold 291 222 224 259
Gross profit (loss) 129 80 116 144
Gross profit margin 31% 26% 34% 36%
Operating expenses 114 78 108 129
Operating profit (loss) 15 2 9 16
Operating profit margin 3% 1% 2% 4%
EBITDA 34 21 24 31
EBITDA margin 8% 7% 7% 8%
Net profit (loss) 12 2 7 13
Net profit margin 3% 1% 2% 3%

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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 184 165 149 134
Intangible assets
Tangible assets 184 165 149 134
Financial assets
Other non-current assets
Current assets 33 46 71 109
Inventories and prepaid expenses 25 24 25 30
Accounts receivable in one year 0 4 3 1
Other current assets
Cash and cash equivalents 7 18 44 78
Total assets 217 212 221 242
Equity 179 181 188 201
Grants and subsidies
Liabilities 37 31 33 41
Financial liabilities
Long-term liabilities
Short-term liabilities 37 31 33 41
Equity and liabilities 217 212 221 242

* 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) 6% 1% 3% 6%
Return on equity (ROE) 7% 1% 4% 7%
Return on capital employed (ROCE) 16% 2% 9% 15%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 0.87 1.48 2.20 2.65
Quick ratio 0.20 0.70 1.44 1.92
Turnover ratios
Asset turnover 1.98 1.41 1.58 1.74
Fixed asset turnover 2.54 1.73 2.17 2.86
Equity turnover 2.42 1.68 1.85 2.07
Profitability ratios
EBITDA margin 8% 7% 7% 8%
Operating profit margin 3% 1% 2% 4%
Net profit margin 3% 1% 2% 3%
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 „Šakių laidotuvių namai“
  • Legal formPrivate limited liability company (UAB)
  • Company code174206197
  • SectorOther
  • Line of businessFuneral services
  • Representing institutionŠakiai district municipality
  • Share belonging to the Municipal100%
https://sakiuln.lt/
ROE

6.8%

Number of employees

11

Financial data provided as at end-December 2021