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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Tauragės butų ūkis was established on 21th of November, 1990. The main activities are multi-apartment houses common use objects maintenance and administration, heat supply maintenance, engineering networks accidents liquidation in multi-apartment buildings and other premises, repair services, territory maintenance. According to the license issued by the Bank of Lithuania, company provides payment transfers, according to agreements performs administrator functions in the multi-apartment houses.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 680 762 744 817
Cost of goods sold 357 360 336 403
Gross profit (loss) 323 402 408 414
Gross profit margin 47% 53% 55% 51%
Operating expenses 325 359 381 391
Operating profit (loss) -3 43 27 23
Operating profit margin -0% 6% 4% 3%
EBITDA 29 164 49 47
EBITDA margin 4% 22% 7% 6%
Net profit (loss) 8 125 27 26
Net profit margin 1% 16% 4% 3%

Balance sheet

2019 2020 2021 2022
Non-current assets 81 63 50 74
Intangible assets 3
Tangible assets 78 63 50 74
Financial assets
Other non-current assets
Current assets 1,019 1,141 1,225 1,299
Inventories and prepaid expenses 6 9 11 13
Accounts receivable in one year 240 193 171 132
Other current assets
Cash and cash equivalents 773 940 1,043 1,154
Total assets 1,100 1,205 1,277 1,375
Equity 360 486 482 478
Grants and subsidies
Liabilities 740 719 795 897
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 740 719 795 897
Equity and liabilities 1,100 1,205 1,277 1,375

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 1% 11% 2% 2%
Return on equity (ROE) 2% 30% 5% 5%
Return on capital employed (ROCE) -1% 9% 6% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 1.38 1.59 1.54 1.45
Quick ratio 1.37 1.58 1.53 1.43
Turnover ratios
Asset turnover 0.62 0.63 0.58 0.59
Fixed asset turnover 8.44 12.15 14.98 11.09
Equity turnover 1.89 1.57 1.54 1.71
Profitability ratios
EBITDA margin 4% 22% 7% 6%
Operating profit margin -0% 6% 4% 3%
Net profit margin 1% 16% 4% 3%
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 Tauragės butų ūkis
  • Legal formPrivate limited liability company (UAB)
  • Company code179206436
  • SectorOther
  • Line of businessApartment management
  • Representing institutionTauragė district municipality
  • Share indirectly belonging to the Municipal0%
https://taubu.lt/
ROE

5.5%

Number of employees

41

Financial data provided as at end-December 2022

Management

  • Egidijus VaitiekusChief Executive Officer

Information as of: 2023/04/30