Tavo pastogė
UAB „Tavo pastogė“ was registered in the Register of Enterprises of the Republic of Lithuania on April 24th in 1995, after the reorganization of the state-owned housing enterprise. On June 29th, 2001, Mazeikiai District Board decision no. 298 companies have been approved as administrators of 52 apartment buildings. The total area of administered houses is 134,593 sq. M. m. or 3051 apartment.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 445 | 472 | 533 | 575 |
| Cost of goods sold | 172 | 184 | 247 | 229 |
| Gross profit (loss) | 273 | 288 | 286 | 346 |
| Gross profit margin | 61% | 61% | 54% | 60% |
| Operating expenses | 278 | 287 | 297 | 344 |
| Operating profit (loss) | -5 | 2 | -10 | 2 |
| Operating profit margin | -1% | 0% | -2% | 0% |
| EBITDA | 19 | 32 | 29 | 30 |
| EBITDA margin | 4% | 7% | 5% | 5% |
| Net profit (loss) | 4 | 13 | 9 | 8 |
| Net profit margin | 1% | 3% | 2% | 1% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 110 | 106 | 97 | 77 |
| Intangible assets | 5 | 3 | 5 | 2 |
| Tangible assets | 105 | 103 | 91 | 75 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 198 | 257 | 352 | 335 |
| Inventories and prepaid expenses | 13 | 12 | 14 | 14 |
| Accounts receivable in one year | 142 | 158 | 223 | 144 |
| Other current assets | ||||
| Cash and cash equivalents | 43 | 87 | 115 | 177 |
| Total assets | 340 | 366 | 452 | 415 |
| Equity | 77 | 92 | 102 | 104 |
| Grants and subsidies | ||||
| Liabilities | 162 | 131 | 123 | 99 |
| Financial liabilities | 20 | 16 | 3 | 0 |
| Long-term liabilities | 18 | 10 | 4 | 0 |
| Short-term liabilities | 144 | 120 | 119 | 99 |
| Equity and liabilities | 340 | 366 | 452 | 415 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 4% | 2% | 2% |
| Return on equity (ROE) | 6% | 16% | 10% | 8% |
| Return on capital employed (ROCE) | -5% | 2% | -10% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.06 | 0.04 | 0.01 | 0.00 |
| Current Ratio | 1.38 | 2.13 | 2.95 | 3.39 |
| Quick ratio | 1.28 | 2.03 | 2.84 | 3.25 |
| Turnover ratios | ||||
| Asset turnover | 1.31 | 1.29 | 1.18 | 1.39 |
| Fixed asset turnover | 4.04 | 4.43 | 5.51 | 7.49 |
| Equity turnover | 5.78 | 5.11 | 5.22 | 5.51 |
| Profitability ratios | ||||
| EBITDA margin | 4% | 7% | 5% | 5% |
| Operating profit margin | -1% | 0% | -2% | 0% |
| Net profit margin | 1% | 3% | 2% | 1% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Tavo pastogė“
- Legal formPrivate limited liability company (UAB)
- Company code166576994
- SectorOther
- Line of businessApartment management
- Representing institutionMažeikiai district municipality
- Share belonging to the Municipal78.1%
ROE
7.8%
Number of employees
24
Financial data provided as at end-December 2023
Management
- Vaida GureckytėChief Executive Officer
Information as of: 2024/04/30
