Tauragės autobusų parkas
UAB Tauragės autobusų parkas was registered on March 27, 1992. The main activity of company is transportation of passengers by buses on local (urban and suburban) and long-distance regular road transport routes. Other activities – bus rental on charter routes, transportation of parcels by bus, ticket sales, luggage storage, rental of territory for companies and individuals, maintenance and repair of vehicles, rental of advertising space on buses.
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 1,077 | 1,143 | 705 | 632 |
| Cost of goods sold | 1,013 | 1,005 | 562 | 629 |
| Gross profit (loss) | 64 | 138 | 143 | 3 |
| Gross profit margin | 6% | 12% | 20% | 1% |
| Operating expenses | 190 | 157 | 33 | 126 |
| Operating profit (loss) | -126 | -20 | 109 | -123 |
| Operating profit margin | -12% | -2% | 16% | -19% |
| EBITDA | 65 | 179 | 443 | 268 |
| EBITDA margin | 6% | 16% | 63% | 42% |
| Net profit (loss) | -138 | -40 | 81 | -136 |
| Net profit margin | -13% | -3% | 12% | -22% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 1,551 | 1,574 | 2,059 | 1,798 |
| Intangible assets | 5 | 4 | 2 | 0 |
| Tangible assets | 1,546 | 1,570 | 2,058 | 1,798 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 112 | 120 | 247 | 164 |
| Inventories and prepaid expenses | 18 | 23 | 22 | 27 |
| Accounts receivable in one year | 38 | 47 | 24 | 23 |
| Other current assets | ||||
| Cash and cash equivalents | 56 | 50 | 201 | 114 |
| Total assets | 1,685 | 1,713 | 2,331 | 1,980 |
| Equity | 248 | 208 | 290 | 153 |
| Grants and subsidies | 204 | 875 | 786 | |
| Liabilities | 1,437 | 1,300 | 1,167 | 1,041 |
| Financial liabilities | 1,280 | 1,113 | 999 | 807 |
| Long-term liabilities | 1,113 | 942 | 832 | 657 |
| Short-term liabilities | 325 | 358 | 335 | 384 |
| Equity and liabilities | 1,685 | 1,713 | 2,331 | 1,980 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -10% | -2% | 4% | -6% |
| Return on equity (ROE) | -44% | -17% | 33% | -61% |
| Return on capital employed (ROCE) | -17% | -1% | 11% | -14% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 5.17 | 5.34 | 3.45 | 5.26 |
| Current Ratio | 0.34 | 0.34 | 0.74 | 0.43 |
| Quick ratio | 0.29 | 0.27 | 0.67 | 0.36 |
| Turnover ratios | ||||
| Asset turnover | 0.79 | 0.67 | 0.35 | 0.29 |
| Fixed asset turnover | 0.92 | 0.73 | 0.39 | 0.33 |
| Equity turnover | 3.40 | 5.01 | 2.83 | 2.85 |
| Profitability ratios | ||||
| EBITDA margin | 6% | 16% | 63% | 42% |
| Operating profit margin | -12% | -2% | 16% | -19% |
| Net profit margin | -13% | -3% | 12% | -22% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB Tauragės autobusų parkas
- Legal formPrivate limited liability company (UAB)
- Company code179286788
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionTauragė district municipality
- Share belonging to the Municipal100%
ROE
-61.5%
Number of employees
60
Financial data provided as at end-December 2021
