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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Šilalės autobusų parkas“ was registered on October 31, 1991. The company provides regular passenger transportation services in Šilalė district, this is local (suburban) connection and intercity bus routes and charter trips in the territory of the Republic of Lithuania. It also provides parcel transportation, bus rental, repair, advertising space rental on buses.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 648 308 353 642
Cost of goods sold 483 196 242 483
Gross profit (loss) 165 113 112 159
Gross profit margin 25% 37% 32% 25%
Operating expenses 152 149 129 183
Operating profit (loss) 13 -36 -17 -24
Operating profit margin 2% -12% -5% -4%
EBITDA 91 28 48 56
EBITDA margin 14% 9% 13% 9%
Net profit (loss) 34 -18 6 12
Net profit margin 5% -6% 2% 2%

Balance sheet

2019 2020 2021 2022
Non-current assets 335 289 260 280
Intangible assets 0 0 0 0
Tangible assets 335 289 260 280
Financial assets
Other non-current assets
Current assets 141 146 190 191
Inventories and prepaid expenses 7 6 7 8
Accounts receivable in one year 90 45 36 34
Other current assets
Cash and cash equivalents 44 95 147 149
Total assets 476 434 450 471
Equity 386 368 374 386
Grants and subsidies 3 0
Liabilities 87 66 76 85
Financial liabilities 4 0 0 0
Long-term liabilities 21 33 32 36
Short-term liabilities 66 33 45 49
Equity and liabilities 476 434 450 471

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 7% -4% 1% 3%
Return on equity (ROE) 9% -5% 2% 3%
Return on capital employed (ROCE) 3% -9% -4% -6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.01 0.00 0.00 0.00
Current Ratio 2.14 4.36 4.27 3.89
Quick ratio 2.03 4.19 4.11 3.72
Turnover ratios
Asset turnover 1.36 0.71 0.78 1.36
Fixed asset turnover 1.93 1.07 1.36 2.29
Equity turnover 1.68 0.84 0.94 1.66
Profitability ratios
EBITDA margin 14% 9% 13% 9%
Operating profit margin 2% -12% -5% -4%
Net profit margin 5% -6% 2% 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 nameUAB „Šilalės autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code176523132
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionŠilalė district municipality
  • Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
  • Share indirectly belonging to the Municipal0%
https://silalesap.lt/
ROE

3.2%

Number of employees

39

Financial data provided as at end-December 2022

Management

  • Vytautas NorkusChief Executive Officer

Information as of: 4/30/2023