Širvintos verslui ir laisvalaikiui
UAB „Širvintos verslui ir laisvalaikiui“ was registered on June 16, 1995. Main activities – accommodation and catering services – daily cafe services, banquet preparation, rent of premises for various celebrations, artistic, entertainment and recreation activities – children’s playroom services, water entertainment.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 55 | 79 | 121 | 186 |
| Cost of goods sold | 21 | 31 | 44 | 58 |
| Gross profit (loss) | 34 | 48 | 77 | 128 |
| Gross profit margin | 63% | 61% | 64% | 69% |
| Operating expenses | 55 | 68 | 103 | 176 |
| Operating profit (loss) | -20 | -20 | -26 | -48 |
| Operating profit margin | -37% | -26% | -21% | -26% |
| EBITDA | 8 | 4 | 7 | 10 |
| EBITDA margin | 14% | 5% | 5% | 5% |
| Net profit (loss) | 4 | 1 | 2 | 5 |
| Net profit margin | 7% | 1% | 2% | 3% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 85 | 120 | 105 | 91 |
| Intangible assets | ||||
| Tangible assets | 85 | 120 | 105 | 91 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 15 | 18 | 22 | 36 |
| Inventories and prepaid expenses | 11 | 13 | 16 | 10 |
| Accounts receivable in one year | 1 | 3 | 0 | |
| Other current assets | ||||
| Cash and cash equivalents | 4 | 5 | 3 | 26 |
| Total assets | 100 | 139 | 127 | 127 |
| Equity | 20 | 21 | 23 | 28 |
| Grants and subsidies | 76 | 61 | 46 | 32 |
| Liabilities | 5 | 57 | 58 | 68 |
| Financial liabilities | 0 | 51 | 48 | 52 |
| Long-term liabilities | 51 | 48 | 52 | |
| Short-term liabilities | 5 | 6 | 10 | 16 |
| Equity and liabilities | 100 | 139 | 127 | 127 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 4% | 1% | 1% | 4% |
| Return on equity (ROE) | 22% | 4% | 9% | 20% |
| Return on capital employed (ROCE) | -102% | -28% | -36% | -60% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.37 | 0.38 | 0.41 |
| Current Ratio | 3.36 | 3.10 | 2.32 | 2.28 |
| Quick ratio | 0.98 | 0.88 | 0.64 | 1.65 |
| Turnover ratios | ||||
| Asset turnover | 0.55 | 0.57 | 0.95 | 1.46 |
| Fixed asset turnover | 0.65 | 0.66 | 1.16 | 2.05 |
| Equity turnover | 2.76 | 3.79 | 5.33 | 6.70 |
| Profitability ratios | ||||
| EBITDA margin | 14% | 5% | 5% | 5% |
| Operating profit margin | -37% | -26% | -21% | -26% |
| Net profit margin | 7% | 1% | 2% | 3% |
| 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 nameUAB „Širvintos verslui ir laisvalaikiui“
- Legal formPrivate limited liability company (UAB)
- Company code178263320
- SectorOther
- Line of businessReal estate rental, catering, entertainment and recreation organization
- Representing institutionŠirvintai district municipality
- Share belonging to the Municipal100%
ROE
20.2%
Number of employees
8
Financial data provided as at end-December 2023
Management
- Vaiva DaugėlienėChief Executive Officer
Information as of: 2024/04/30
