Šiaulių oro uostas
SĮ “Šiauliai Airport” was registered on November 10, 2003. The main activity is the provision of airport-specific services. When servicing aircraft, the company provides the following services: aircraft landing, departing passenger, aircraft parking, aircraft security, aircraft escorts, additional services for aircraft and their crew members. In addition, in 2008 The company has received a license to engage in wholesale trade in bulk petroleum products
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 257 | 472 | 764 | 554 |
| Cost of goods sold | 100 | 235 | 415 | 282 |
| Gross profit (loss) | 157 | 237 | 349 | 272 |
| Gross profit margin | 61% | 50% | 46% | 49% |
| Operating expenses | 42 | 68 | 66 | 108 |
| Operating profit (loss) | 54 | 56 | 143 | 18 |
| Operating profit margin | 21% | 12% | 19% | 3% |
| EBITDA | 105 | 104 | 206 | 99 |
| EBITDA margin | 41% | 22% | 27% | 18% |
| Net profit (loss) | 46 | 50 | 132 | 13 |
| Net profit margin | 18% | 11% | 17% | 2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 1,562 | 1,379 | 1,542 | 5,045 |
| Intangible assets | 5 | 2 | 0 | |
| Tangible assets | 1,556 | 1,377 | 1,542 | 5,045 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 123 | 182 | 258 | 544 |
| Inventories and prepaid expenses | 23 | 17 | 58 | 118 |
| Accounts receivable in one year | 28 | 80 | 75 | 126 |
| Other current assets | ||||
| Cash and cash equivalents | 72 | 85 | 125 | 300 |
| Total assets | 1,691 | 1,580 | 1,829 | 5,618 |
| Equity | 1,075 | 1,126 | 1,257 | 4,963 |
| Grants and subsidies | 403 | 268 | 336 | 222 |
| Liabilities | 213 | 187 | 235 | 433 |
| Financial liabilities | 117 | 82 | 124 | 48 |
| Long-term liabilities | 48 | 35 | 84 | 48 |
| Short-term liabilities | 165 | 152 | 151 | 386 |
| Equity and liabilities | 1,691 | 1,580 | 1,829 | 5,618 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 3% | 3% | 8% | 0% |
| Return on equity (ROE) | 4% | 5% | 11% | 0% |
| Return on capital employed (ROCE) | 5% | 5% | 11% | 0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.07 | 0.05 | 0.07 | 0.01 |
| Current Ratio | 0.74 | 1.20 | 1.71 | 1.41 |
| Quick ratio | 0.61 | 1.09 | 1.32 | 1.10 |
| Turnover ratios | ||||
| Asset turnover | 0.15 | 0.30 | 0.42 | 0.10 |
| Fixed asset turnover | 0.16 | 0.34 | 0.50 | 0.11 |
| Equity turnover | 0.24 | 0.42 | 0.61 | 0.11 |
| Profitability ratios | ||||
| EBITDA margin | 41% | 22% | 27% | 18% |
| Operating profit margin | 21% | 12% | 19% | 3% |
| Net profit margin | 18% | 11% | 17% | 2% |
| 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 nameSĮ Šiaulių oro uostas
- Legal formMunicipality enterprise (SĮ)
- Company code145907544
- SectorOther
- Line of businessService activities incidental to air transportation
- Representing institutionŠiauliai city municipality
- Share belonging to the Municipal100%
- Contacts https://siauliai-airport.com/
ROE
0.4%
Number of employees
15
Financial data provided as at end-December 2023
Management
- Aurelija KuezadaChief Executive Officer
Information as of: 2024/06/14
