• English
  • Lithuanian
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

2019 2020 2021 2022
Revenue 302 340 404 384
Cost of goods sold 222 224 259 250
Gross profit (loss) 80 116 144 134
Gross profit margin 26% 34% 36% 35%
Operating expenses 67 92 107 111
Operating profit (loss) 2 9 16 3
Operating profit margin 1% 2% 4% 1%
EBITDA 21 24 31 18
EBITDA margin 7% 7% 8% 5%
Net profit (loss) 2 7 13 2
Net profit margin 1% 2% 3% 1%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 165 149 134 120
Intangible assets
Tangible assets 165 149 134 120
Financial assets
Other non-current assets
Current assets 46 71 109 128
Inventories and prepaid expenses 24 25 30 36
Accounts receivable in one year 4 3 1 3
Other current assets
Cash and cash equivalents 18 44 78 89
Total assets 212 221 242 248
Equity 181 188 201 204
Grants and subsidies
Liabilities 31 33 41 45
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 31 33 41 45
Equity and liabilities 212 221 242 248

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 1% 3% 6% 1%
Return on equity (ROE) 1% 4% 7% 1%
Return on capital employed (ROCE) 1% 5% 8% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 1.48 2.20 2.65 2.86
Quick ratio 0.70 1.44 1.92 2.06
Turnover ratios
Asset turnover 1.43 1.54 1.67 1.54
Fixed asset turnover 1.83 2.29 3.02 3.20
Equity turnover 1.67 1.81 2.00 1.88
Profitability ratios
EBITDA margin 7% 7% 8% 5%
Operating profit margin 1% 2% 4% 1%
Net profit margin 1% 2% 3% 1%
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

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2021 m. metinės ataskaitos
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

1.1%

Number of employees

11

Financial data provided as at end-December 2022

Management

  • Aurelija GrinkevičienėChief Executive Officer

Information as of: 4/30/2023