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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 417 456 450 565
Cost of goods sold 369 391 405 507
Gross profit (loss) 48 65 45 58
Gross profit margin 12% 14% 10% 10%
Operating expenses 41 58 56 63
Operating profit (loss) 7 7 -11 -5
Operating profit margin 2% 1% -2% -1%
EBITDA 10 15 21 55
EBITDA margin 2% 3% 5% 10%
Net profit (loss) 9 14 19 51
Net profit margin 2% 3% 4% 9%

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* Left axis

** Right axis

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

Balance sheet

2017 2018 2019 2020
Non-current assets 13 19 15 14
Intangible assets 2 1 1
Tangible assets 13 17 14 13
Financial assets
Other non-current assets
Current assets 256 233 255 331
Inventories and prepaid expenses 5 1 3 4
Accounts receivable in one year 158 148 162 163
Other current assets
Cash and cash equivalents 93 84 91 164
Total assets 270 255 273 347
Equity 101 117 135 186
Grants and subsidies
Liabilities 170 138 137 161
Financial liabilities 16 12 8
Long-term liabilities 16 12 8 4
Short-term liabilities 153 126 130 157
Equity and liabilities 270 255 273 347

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

Financial ratios

2018 2019 2020
Capital return ratios
Return on assets (ROA) 5% 7% 17%
Return on equity (ROE) 13% 15% 32%
Return on capital employed (ROCE) 18% 24% 53%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.09 0.04
Current Ratio 1.85 1.97 2.10
Quick ratio 1.85 1.95 2.08
Turnover ratios
Asset turnover 1.74 1.71 1.82
Fixed asset turnover 28.76 26.26 38.94
Equity turnover 4.19 3.57 3.51
Profitability ratios
EBITDA margin 3% 5% 10%
Operating profit margin 1% -2% -1%
Net profit margin 3% 4% 9%
Other ratios
Dividends to the Municipality 0.50 0.50 2.00
Dividends paid / net profit 0.03 0.03 0.04

* Left axis

** Right axis

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


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Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Saulės dominija“
  • Legal formPrivate limited liability company (UAB)
  • Company code244620250
  • SectorOther
  • Line of businessApartment management
  • Representing institutionŠiauliai city municipality
  • Share belonging to the Municipal100%
https://saulesdominija.lt/
Return to the Municipality

2 EUR thousand

ROE

31.9%

Number of employees

33

Financial data provided as at end-December 2019

Management

  • Gediminas KutelisDirector General

Information as of: 2021/06/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Egidijus Urba

Information as of: 2021/06/01