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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 66 | 55 | 79 | 121 |
| Cost of goods sold | 18 | 21 | 31 | 44 |
| Gross profit (loss) | 48 | 34 | 48 | 77 |
| Gross profit margin | 73% | 63% | 61% | 64% |
| Operating expenses | 71 | 55 | 68 | 103 |
| Operating profit (loss) | -23 | -20 | -20 | -26 |
| Operating profit margin | -35% | -37% | -26% | -21% |
| EBITDA | 4 | 8 | 4 | 7 |
| EBITDA margin | 5% | 14% | 5% | 5% |
| Net profit (loss) | 1 | 4 | 1 | 2 |
| Net profit margin | 1% | 7% | 1% | 2% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 101 | 85 | 120 | 105 |
| Intangible assets | ||||
| Tangible assets | 101 | 85 | 120 | 105 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 14 | 15 | 18 | 22 |
| Inventories and prepaid expenses | 14 | 11 | 13 | 16 |
| Accounts receivable in one year | 1 | 3 | ||
| Other current assets | ||||
| Cash and cash equivalents | 0 | 4 | 5 | 3 |
| Total assets | 116 | 100 | 139 | 127 |
| Equity | 16 | 20 | 21 | 23 |
| Grants and subsidies | 90 | 76 | 61 | 46 |
| Liabilities | 10 | 5 | 57 | 58 |
| Financial liabilities | 0 | 0 | 51 | 48 |
| Long-term liabilities | 51 | 48 | ||
| Short-term liabilities | 10 | 5 | 6 | 10 |
| Equity and liabilities | 116 | 100 | 139 | 127 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 4% | 1% | 1% |
| Return on equity (ROE) | 4% | 22% | 4% | 9% |
| Return on capital employed (ROCE) | -144% | -102% | -28% | -36% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.37 | 0.38 |
| Current Ratio | 1.52 | 3.36 | 3.10 | 2.32 |
| Quick ratio | 0.04 | 0.98 | 0.88 | 0.64 |
| Turnover ratios | ||||
| Asset turnover | 0.57 | 0.55 | 0.57 | 0.95 |
| Fixed asset turnover | 0.65 | 0.65 | 0.66 | 1.16 |
| Equity turnover | 4.09 | 2.76 | 3.79 | 5.33 |
| Profitability ratios | ||||
| EBITDA margin | 5% | 14% | 5% | 5% |
| Operating profit margin | -35% | -37% | -26% | -21% |
| Net profit margin | 1% | 7% | 1% | 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 |
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
8.7%
Number of employees
10
Financial data provided as at end-December 2022
