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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Šilutės autobusų parkas was registered on December 18, 1995. The main activities of company are passenger transportation by buses on regular urban, suburban and long-distance routes, maintenance and repair of motor vehicles, real estate rental and operation, bus rental, parcel transportation.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 988 1,026 535 731
Cost of goods sold 862 939 560 631
Gross profit (loss) 126 87 -25 100
Gross profit margin 13% 9% -5% 14%
Operating expenses 125 160 72 503
Operating profit (loss) 1 -73 -97 -403
Operating profit margin 0% -7% -18% -55%
EBITDA 739 264 58 93
EBITDA margin 75% 26% 11% 13%
Net profit (loss) 592 112 -100 -41
Net profit margin 60% 11% -19% -6%

Balance sheet

2018 2019 2020 2021
Non-current assets 1,524 1,657 1,562 1,036
Intangible assets
Tangible assets 1,524 1,657 1,562 1,036
Financial assets
Other non-current assets
Current assets 302 239 146 624
Inventories and prepaid expenses 15 17 14 19
Accounts receivable in one year 178 160 52 107
Other current assets
Cash and cash equivalents 110 62 80 498
Total assets 1,831 1,905 1,713 1,665
Equity 1,292 1,504 1,405 1,364
Grants and subsidies
Liabilities 539 401 308 302
Financial liabilities 175 48
Long-term liabilities 175 48 35 22
Short-term liabilities 364 353 274 279
Equity and liabilities 1,831 1,905 1,713 1,665

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 40% 6% -6% -2%
Return on equity (ROE) 59% 8% -7% -3%
Return on capital employed (ROCE) 90% 18% -13% -6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.03
Current Ratio 0.83 0.68 0.53 2.23
Quick ratio 0.79 0.63 0.48 2.17
Turnover ratios
Asset turnover 0.67 0.55 0.30 0.43
Fixed asset turnover 0.88 0.65 0.33 0.56
Equity turnover 0.99 0.73 0.37 0.53
Profitability ratios
EBITDA margin 75% 26% 11% 13%
Operating profit margin 0% -7% -18% -55%
Net profit margin 60% 11% -19% -6%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Šilutės autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code277070440
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionŠilutė district municipality
  • Share belonging to the Municipal100%
http://silutesautobusai.lt/
ROE

-2.9%

Number of employees

64

Financial data provided as at end-December 2021