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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 139 | 257 | 472 | 764 |
| Cost of goods sold | 112 | 100 | 235 | 415 |
| Gross profit (loss) | 27 | 157 | 237 | 349 |
| Gross profit margin | 19% | 61% | 50% | 46% |
| Operating expenses | 83 | 42 | 68 | 66 |
| Operating profit (loss) | -139 | 54 | 56 | 143 |
| Operating profit margin | -100% | 21% | 12% | 19% |
| EBITDA | -88 | 105 | 104 | 206 |
| EBITDA margin | -63% | 41% | 22% | 27% |
| Net profit (loss) | -139 | 46 | 50 | 132 |
| Net profit margin | -100% | 18% | 11% | 17% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 1,771 | 1,562 | 1,379 | 1,542 |
| Intangible assets | 8 | 5 | 2 | 0 |
| Tangible assets | 1,763 | 1,556 | 1,377 | 1,542 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 45 | 123 | 182 | 258 |
| Inventories and prepaid expenses | 30 | 23 | 17 | 58 |
| Accounts receivable in one year | 12 | 28 | 80 | 75 |
| Other current assets | ||||
| Cash and cash equivalents | 3 | 72 | 85 | 125 |
| Total assets | 1,815 | 1,691 | 1,580 | 1,829 |
| Equity | 1,029 | 1,075 | 1,126 | 1,257 |
| Grants and subsidies | 585 | 403 | 268 | 336 |
| Liabilities | 201 | 213 | 187 | 235 |
| Financial liabilities | 116 | 117 | 82 | 124 |
| Long-term liabilities | 116 | 48 | 35 | 84 |
| Short-term liabilities | 85 | 165 | 152 | 151 |
| Equity and liabilities | 1,815 | 1,691 | 1,580 | 1,829 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -7% | 3% | 3% | 8% |
| Return on equity (ROE) | -13% | 4% | 5% | 11% |
| Return on capital employed (ROCE) | -12% | 5% | 5% | 11% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.06 | 0.07 | 0.05 | 0.07 |
| Current Ratio | 0.52 | 0.74 | 1.20 | 1.71 |
| Quick ratio | 0.17 | 0.61 | 1.09 | 1.32 |
| Turnover ratios | ||||
| Asset turnover | 0.08 | 0.15 | 0.30 | 0.42 |
| Fixed asset turnover | 0.08 | 0.16 | 0.34 | 0.50 |
| Equity turnover | 0.13 | 0.24 | 0.42 | 0.61 |
| Profitability ratios | ||||
| EBITDA margin | -63% | 41% | 22% | 27% |
| Operating profit margin | -100% | 21% | 12% | 19% |
| Net profit margin | -100% | 18% | 11% | 17% |
| 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 |
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
11.1%
Number of employees
14
Financial data provided as at end-December 2022
