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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 64 | 66 | 55 | 79 |
| Cost of goods sold | 23 | 18 | 21 | 31 |
| Gross profit (loss) | 41 | 48 | 34 | 48 |
| Gross profit margin | 64% | 73% | 63% | 61% |
| Operating expenses | 60 | 71 | 55 | 68 |
| Operating profit (loss) | -20 | -23 | -20 | -20 |
| Operating profit margin | -31% | -35% | -37% | -26% |
| EBITDA | 6 | 4 | 8 | 4 |
| EBITDA margin | 10% | 5% | 14% | 5% |
| Net profit (loss) | 3 | 1 | 4 | 1 |
| Net profit margin | 5% | 1% | 7% | 1% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 55 | 101 | 85 | 120 |
| Intangible assets | ||||
| Tangible assets | 55 | 101 | 85 | 120 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 15 | 14 | 15 | 18 |
| Inventories and prepaid expenses | 11 | 14 | 11 | 13 |
| Accounts receivable in one year | 3 | 1 | ||
| Other current assets | ||||
| Cash and cash equivalents | 2 | 0 | 4 | 5 |
| Total assets | 70 | 116 | 100 | 139 |
| Equity | 15 | 16 | 20 | 21 |
| Grants and subsidies | 41 | 90 | 76 | 61 |
| Liabilities | 13 | 10 | 5 | 57 |
| Financial liabilities | ||||
| Long-term liabilities | 4 | 51 | ||
| Short-term liabilities | 9 | 10 | 5 | 6 |
| Equity and liabilities | 70 | 116 | 100 | 139 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 6% | 1% | 4% | 1% |
| Return on equity (ROE) | 23% | 4% | 22% | 4% |
| Return on capital employed (ROCE) | 13% | 2% | 11% | 4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 1.61 | 1.52 | 3.36 | 3.08 |
| Quick ratio | 0.45 | 0.04 | 0.98 | 0.87 |
| Turnover ratios | ||||
| Asset turnover | 1.30 | 0.71 | 0.51 | 0.66 |
| Fixed asset turnover | 1.72 | 0.84 | 0.59 | 0.77 |
| Equity turnover | 4.63 | 4.17 | 3.06 | 3.88 |
| Profitability ratios | ||||
| EBITDA margin | 10% | 5% | 14% | 5% |
| Operating profit margin | -31% | -35% | -37% | -26% |
| Net profit margin | 5% | 1% | 7% | 1% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
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
4.4%
Number of employees
5
Financial data provided as at end-December 2021
