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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 692 | 139 | 257 | 472 |
| Cost of goods sold | 513 | 112 | 100 | 235 |
| Gross profit (loss) | 179 | 27 | 157 | 237 |
| Gross profit margin | 26% | 19% | 61% | 50% |
| Operating expenses | 190 | 166 | 103 | 181 |
| Operating profit (loss) | -11 | -139 | 54 | 56 |
| Operating profit margin | -2% | -100% | 21% | 12% |
| EBITDA | 32 | -88 | 105 | 105 |
| EBITDA margin | 5% | -63% | 41% | 22% |
| Net profit (loss) | -18 | -139 | 46 | 50 |
| Net profit margin | -3% | -100% | 18% | 11% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 1,741 | 1,771 | 1,562 | 1,379 |
| Intangible assets | 8 | 8 | 5 | 2 |
| Tangible assets | 1,733 | 1,763 | 1,556 | 1,377 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 245 | 45 | 123 | 182 |
| Inventories and prepaid expenses | 44 | 30 | 23 | 17 |
| Accounts receivable in one year | 51 | 12 | 28 | 80 |
| Other current assets | ||||
| Cash and cash equivalents | 151 | 3 | 72 | 85 |
| Total assets | 1,998 | 1,815 | 1,691 | 1,580 |
| Equity | 1,168 | 1,029 | 1,075 | 1,125 |
| Grants and subsidies | 515 | 585 | 403 | 268 |
| Liabilities | 315 | 201 | 213 | 187 |
| Financial liabilities | 159 | 116 | 117 | 82 |
| Long-term liabilities | 101 | 116 | 48 | 35 |
| Short-term liabilities | 214 | 85 | 165 | 152 |
| Equity and liabilities | 1,998 | 1,815 | 1,691 | 1,580 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -7% | 3% | 3% |
| Return on equity (ROE) | -1% | -13% | 4% | 5% |
| Return on capital employed (ROCE) | -1% | -15% | 7% | 8% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.14 | 0.11 | 0.11 | 0.07 |
| Current Ratio | 1.14 | 0.52 | 0.74 | 1.20 |
| Quick ratio | 0.94 | 0.17 | 0.61 | 1.09 |
| Turnover ratios | ||||
| Asset turnover | 0.33 | 0.07 | 0.15 | 0.29 |
| Fixed asset turnover | 0.39 | 0.08 | 0.15 | 0.32 |
| Equity turnover | 0.59 | 0.13 | 0.24 | 0.43 |
| Profitability ratios | ||||
| EBITDA margin | 5% | -63% | 41% | 22% |
| Operating profit margin | -2% | -100% | 21% | 12% |
| Net profit margin | -3% | -100% | 18% | 11% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
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%
ROE
4.6%
Number of employees
13
Financial data provided as at end-December 2021
