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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Skuodo autobusai“ was registered on August 25, 1997. The main activities of the company include passenger transportation by buses, Skuodas bus station work organization – bus traffic control, ticket sales, parcel transportation activities, charter trips in Lithuania, Latvia, Estonia, bus maintenance and repair.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 388 395 239 231
Cost of goods sold 302 294 173 176
Gross profit (loss) 85 102 66 55
Gross profit margin 22% 26% 28% 24%
Operating expenses 90 110 68 27
Operating profit (loss) -5 -8 -1 28
Operating profit margin -1% -2% -1% 12%
EBITDA 142 145 119 140
EBITDA margin 37% 37% 50% 61%
Net profit (loss) 3 2 -25 5
Net profit margin 1% 0% -10% 2%

Balance sheet

2018 2019 2020 2021
Non-current assets 502 486 428 393
Intangible assets 1 0 0 1
Tangible assets 501 485 428 392
Financial assets
Other non-current assets
Current assets 96 105 87 95
Inventories and prepaid expenses 10 6 13 16
Accounts receivable in one year 36 57 17 15
Other current assets
Cash and cash equivalents 50 43 57 64
Total assets 607 601 522 494
Equity 297 323 298 303
Grants and subsidies 27 49
Liabilities 308 273 194 138
Financial liabilities 279 246 158 100
Long-term liabilities 167 116 73 72
Short-term liabilities 142 157 121 67
Equity and liabilities 607 601 522 494

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% 0% -4% 1%
Return on equity (ROE) 1% 0% -8% 2%
Return on capital employed (ROCE) 5% 3% -10% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.94 0.76 0.53 0.33
Current Ratio 0.68 0.67 0.72 1.42
Quick ratio 0.61 0.63 0.61 1.19
Turnover ratios
Asset turnover 0.60 0.65 0.43 0.45
Fixed asset turnover 0.73 0.80 0.52 0.56
Equity turnover 1.31 1.28 0.77 0.77
Profitability ratios
EBITDA margin 37% 37% 50% 61%
Operating profit margin -1% -2% -1% 12%
Net profit margin 1% 0% -10% 2%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

About the company

  • Official nameUAB „Skuodo autobusai“
  • Legal formPrivate limited liability company (UAB)
  • Company code173935878
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionSkuodas district municipality
  • Share belonging to the Municipal100%
http://www.skuodoautobusai.lt/
ROE

1.8%

Number of employees

33

Financial data provided as at end-December 2021