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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Stoties turgus” was registered on January 24, 1994. The main activity of the company is real estate management on a fee or contract basis. Other activities of the company are renting and operating of own or leased real estate. The object of the company’s activity may be production, trade and provision of services.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 456 312 230 23
Cost of goods sold
Gross profit (loss) 456 312 230 23
Gross profit margin 100% 100% 100% 100%
Operating expenses 359 254 209 80
Operating profit (loss) 96 58 21 -56
Operating profit margin 21% 19% 9% -243%
EBITDA 102 60 103 -52
EBITDA margin 22% 19% 45% -223%
Net profit (loss) 85 50 84 -55
Net profit margin 19% 16% 37% -237%

Balance sheet

2018 2019 2020 2021
Non-current assets 2,979 2,975 2,977 2,974
Intangible assets
Tangible assets 2,977 2,973 2,976 2,972
Financial assets
Other non-current assets 2 2 1 1
Current assets 274 77 137 87
Inventories and prepaid expenses 1 1 2 2
Accounts receivable in one year 3 5 1 1
Other current assets
Cash and cash equivalents 269 71 134 85
Total assets 3,252 3,052 3,114 3,061
Equity 3,221 3,020 3,105 3,050
Grants and subsidies
Liabilities 32 32 10 11
Financial liabilities
Long-term liabilities
Short-term liabilities 32 32 10 11
Equity and liabilities 3,252 3,052 3,114 3,061

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 3% 2% 3% -2%
Return on equity (ROE) 3% 2% 3% -2%
Return on capital employed (ROCE) 6% 4% 6% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 8.58 2.38 14.43 7.78
Quick ratio 8.55 2.35 14.24 7.63
Turnover ratios
Asset turnover 0.14 0.10 0.07 0.01
Fixed asset turnover 0.15 0.10 0.08 0.01
Equity turnover 0.14 0.10 0.08 0.01
Profitability ratios
EBITDA margin 22% 19% 45% -223%
Operating profit margin 21% 19% 9% -243%
Net profit margin 19% 16% 37% -237%
Other ratios
Dividends to the Municipality 127.50
Dividends paid / net profit 1.51

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Stoties turgus“
  • Legal formPrivate limited liability company (UAB)
  • Company code233923260
  • SectorOther
  • Line of businessMarketplace administration
  • Representing institutionKaunas city municipality
  • Share belonging to the Municipal51%
http://www.stotiesturgus.lt/
ROE

-1.8%

Number of employees

2

Financial data provided as at end-December 2021