Telšių butų ūkis
SĮ Telšių butų ūkis was established on 26th of November, 1990. Main activities – multi-apartment residential buildings administration and renovation, heating and hot water systems maintenance, plumbing, electrical and other equipment installation and operation, construction services, landscaping, waste collection service, city sauna and public toilet maintenance.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 973 | 1,070 | 1,143 | 1,203 |
| Cost of goods sold | 685 | 734 | 783 | 880 |
| Gross profit (loss) | 288 | 336 | 360 | 323 |
| Gross profit margin | 30% | 31% | 32% | 27% |
| Operating expenses | 344 | 390 | 424 | 411 |
| Operating profit (loss) | -57 | -54 | -64 | -88 |
| Operating profit margin | -6% | -5% | -6% | -7% |
| EBITDA | 26 | 66 | -16 | -29 |
| EBITDA margin | 3% | 6% | -1% | -2% |
| Net profit (loss) | -71 | -42 | -65 | -89 |
| Net profit margin | -7% | -4% | -6% | -7% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 3,826 | 669 | 684 | 896 |
| Intangible assets | 2 | 8 | 5 | 18 |
| Tangible assets | 3,758 | 661 | 638 | 872 |
| Financial assets | 66 | |||
| Other non-current assets | 41 | 6 | ||
| Current assets | 958 | 932 | 1,042 | 972 |
| Inventories and prepaid expenses | 7 | 6 | 9 | 13 |
| Accounts receivable in one year | 255 | 196 | 232 | 208 |
| Other current assets | 5 | 0 | 1 | 2 |
| Cash and cash equivalents | 691 | 730 | 799 | 749 |
| Total assets | 4,786 | 1,603 | 1,729 | 1,873 |
| Equity | 4,129 | 896 | 831 | 731 |
| Grants and subsidies | 110 | 104 | 100 | 96 |
| Liabilities | 547 | 603 | 799 | 1,046 |
| Financial liabilities | 0 | 0 | 0 | 144 |
| Long-term liabilities | 114 | |||
| Short-term liabilities | 547 | 603 | 799 | 932 |
| Equity and liabilities | 4,786 | 1,603 | 1,729 | 1,873 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | -1% | -4% | -5% |
| Return on equity (ROE) | -2% | -2% | -8% | -11% |
| Return on capital employed (ROCE) | -1% | -6% | -8% | -10% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.08 |
| Current Ratio | 1.75 | 1.54 | 1.30 | 1.04 |
| Quick ratio | 1.74 | 1.53 | 1.29 | 1.03 |
| Turnover ratios | ||||
| Asset turnover | 0.20 | 0.67 | 0.66 | 0.64 |
| Fixed asset turnover | 0.25 | 1.60 | 1.67 | 1.34 |
| Equity turnover | 0.24 | 1.19 | 1.38 | 1.65 |
| Profitability ratios | ||||
| EBITDA margin | 3% | 6% | -1% | -2% |
| Operating profit margin | -6% | -5% | -6% | -7% |
| Net profit margin | -7% | -4% | -6% | -7% |
| 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 nameSĮ Telšių butų ūkis
- Legal formMunicipality enterprise (SĮ)
- Company code180102018
- SectorOther
- Line of businessApartment management
- Representing institutionTelšiai district municipality
- Share belonging to the Municipal100%
ROE
-11.3%
Number of employees
66
Financial data provided as at end-December 2022
Management
- Adomas DomarkasChief Executive Officer
Information as of: 4/30/2023
