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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Senasis turgus” was registered on January 3, 2013. The main activity is the administration of the marketplace and the lease of retail space to individuals and legal entities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 209 184 170 211
Cost of goods sold 82 84 37 33
Gross profit (loss) 128 100 133 178
Gross profit margin 61% 54% 78% 84%
Operating expenses 125 118 147 168
Operating profit (loss) 3 -18 -14 10
Operating profit margin 1% -10% -9% 5%
EBITDA 20 -2 1 29
EBITDA margin 10% -1% 1% 14%
Net profit (loss) 3 -18 -14 10
Net profit margin 1% -10% -8% 5%

Balance sheet

2018 2019 2020 2021
Non-current assets 1,283 1,347 1,437 1,478
Intangible assets
Tangible assets 1,102 1,347 1,437 1,478
Financial assets
Other non-current assets 181
Current assets 270 265 162 126
Inventories and prepaid expenses 1 1 0 1
Accounts receivable in one year 4 3 3 3
Other current assets
Cash and cash equivalents 266 262 159 121
Total assets 1,634 1,613 1,599 1,604
Equity 1,614 1,596 1,572 1,582
Grants and subsidies
Liabilities 20 17 27 23
Financial liabilities
Long-term liabilities
Short-term liabilities 20 17 27 23
Equity and liabilities 1,634 1,613 1,599 1,604

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% -1% -1% 1%
Return on equity (ROE) 0% -1% -1% 1%
Return on capital employed (ROCE) 0% -2% -2% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 13.31 15.70 5.97 5.59
Quick ratio 13.28 15.64 5.96 5.53
Turnover ratios
Asset turnover 0.13 0.11 0.11 0.13
Fixed asset turnover 0.16 0.14 0.12 0.14
Equity turnover 0.13 0.11 0.11 0.13
Profitability ratios
EBITDA margin 10% -1% 1% 14%
Operating profit margin 1% -10% -9% 5%
Net profit margin 1% -10% -8% 5%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Senasis turgus“
  • Legal formPrivate limited liability company (UAB)
  • Company code140842929
  • SectorOther
  • Line of businessMarketplace administration
  • Representing institutionKlaipėda city municipality
  • Share belonging to the Municipal100%
http://www.senasisturgus.lt/
ROE

0.6%

Number of employees

10

Financial data provided as at end-December 2021