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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Širvintų knygynas” was registered on August 10, 1992. Main activities – retail sale of books and newspapers, specialized retail sale of watches and clocks and jewelry, specialized retail sale of souvenirs, works of art and religious articles, retail sale of stationery, specialized retail sale of games and toys, retail sale of second-hand goods in stores, leather goods retail sale of hardware, paints and glass in specialized stores.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 88 72 65 68
Cost of goods sold 56 51 40 47
Gross profit (loss) 32 21 25 21
Gross profit margin 36% 29% 38% 31%
Operating expenses 35 22 27 32
Operating profit (loss) -3 -1 -2 -11
Operating profit margin -3% -2% -3% -15%
EBITDA 2 1 1 -5
EBITDA margin 2% 1% 1% -8%
Net profit (loss) 1 0 0 -6
Net profit margin 1% 0% 0% -9%

Balance sheet

2019 2020 2021 2022
Non-current assets 2 2 2 2
Intangible assets
Tangible assets 2 2 2 2
Financial assets
Other non-current assets
Current assets 37 34 36 31
Inventories and prepaid expenses 21 19 25 24
Accounts receivable in one year 5 2 1 2
Other current assets
Cash and cash equivalents 11 13 10 5
Total assets 39 36 38 33
Equity 8 8 9 3
Grants and subsidies
Liabilities 31 28 30 30
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 31 28 30 30
Equity and liabilities 39 36 38 33

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 3% 1% 1% -17%
Return on equity (ROE) 14% 2% 2% -105%
Return on capital employed (ROCE) -32% -14% -22% -389%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 1.19 1.22 1.22 1.03
Quick ratio 0.53 0.55 0.38 0.23
Turnover ratios
Asset turnover 2.23 1.99 1.69 2.06
Fixed asset turnover 38.09 31.39 28.63 40.06
Equity turnover 10.68 8.60 7.42 25.22
Profitability ratios
EBITDA margin 2% 1% 1% -8%
Operating profit margin -3% -2% -3% -15%
Net profit margin 1% 0% 0% -9%
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 „Širvintų knygynas“
  • Legal formPrivate limited liability company (UAB)
  • Company code178243638
  • SectorOther
  • Line of businessBookstore services
  • Representing institutionŠirvintai district municipality
  • Share belonging to the Municipal100%
https://sirvintuknygynas.lt/
ROE

-104.7%

Number of employees

3

Financial data provided as at end-December 2022

Management

  • Vaiva DaugėlienėChief Executive Officer

Information as of: 4/30/2023