Telšių autobusų parkas
UAB Telšių autobusų parkas was established on March 2, 1992. The main activity of the company is the transportation of passengers on local (urban and suburban) and long-distance regular routes and on scheduled trips. Other activities – transportation of small consignments by buses, sale of advanced long-distance bus tickets, storage of passengers luggage, rental of advertising space on and inside buses, etc.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 858 | 1,118 | 1,711 | 1,914 |
| Cost of goods sold | 667 | 848 | 1,439 | 1,490 |
| Gross profit (loss) | 191 | 269 | 273 | 424 |
| Gross profit margin | 22% | 24% | 16% | 22% |
| Operating expenses | 232 | 249 | 241 | 329 |
| Operating profit (loss) | -41 | 21 | 32 | 95 |
| Operating profit margin | -5% | 2% | 2% | 5% |
| EBITDA | 58 | 122 | 164 | 258 |
| EBITDA margin | 7% | 11% | 10% | 14% |
| Net profit (loss) | -25 | 24 | 26 | 55 |
| Net profit margin | -3% | 2% | 2% | 3% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 1,752 | 1,441 | 1,519 | 1,167 |
| Intangible assets | 0 | 0 | 0 | 2 |
| Tangible assets | 1,752 | 1,441 | 1,519 | 1,165 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 331 | 393 | 482 | 528 |
| Inventories and prepaid expenses | 26 | 22 | 41 | 32 |
| Accounts receivable in one year | 163 | 90 | 160 | 146 |
| Other current assets | ||||
| Cash and cash equivalents | 142 | 281 | 281 | 350 |
| Total assets | 2,087 | 1,838 | 2,006 | 1,702 |
| Equity | 767 | 791 | 817 | 872 |
| Grants and subsidies | 1,006 | 744 | 481 | 219 |
| Liabilities | 314 | 302 | 707 | 612 |
| Financial liabilities | 207 | 163 | 493 | 430 |
| Long-term liabilities | 163 | 118 | 400 | 310 |
| Short-term liabilities | 151 | 185 | 307 | 302 |
| Equity and liabilities | 2,087 | 1,838 | 2,006 | 1,702 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | 1% | 1% | 3% |
| Return on equity (ROE) | -3% | 3% | 3% | 6% |
| Return on capital employed (ROCE) | -4% | 2% | 3% | 8% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.10 | 0.09 | 0.25 | 0.25 |
| Current Ratio | 2.20 | 2.13 | 1.57 | 1.75 |
| Quick ratio | 2.02 | 2.01 | 1.44 | 1.64 |
| Turnover ratios | ||||
| Asset turnover | 0.41 | 0.61 | 0.85 | 1.12 |
| Fixed asset turnover | 0.49 | 0.78 | 1.13 | 1.64 |
| Equity turnover | 1.12 | 1.41 | 2.09 | 2.20 |
| Profitability ratios | ||||
| EBITDA margin | 7% | 11% | 10% | 14% |
| Operating profit margin | -5% | 2% | 2% | 5% |
| Net profit margin | -3% | 2% | 2% | 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 Telšių autobusų parkas
- Legal formPrivate limited liability company (UAB)
- Company code180193231
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionTelšiai district municipality
- Share belonging to the Municipal100%
ROE
6.5%
Number of employees
53
Financial data provided as at end-December 2023
Management
- Petras RočiusChief Executive Officer
Information as of: 2024/04/30
