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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Trakų autobusai“ was registered on December 5, 1991. The main activity of the company is the transportation of passengers on local (suburban) regular transport routes, bus rental of passengers who are entitled to benefits in passenger transport by law. Other activities – rent of premises, parking in the territory of the bus fleet, luggage storage services, etc.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 704 733 404 359
Cost of goods sold 582 686 300 375
Gross profit (loss) 122 47 103 -16
Gross profit margin 17% 6% 26% -4%
Operating expenses 211 212 202 171
Operating profit (loss) -89 -165 -99 -187
Operating profit margin -13% -22% -24% -52%
EBITDA 19 -2 94 -14
EBITDA margin 3% -0% 23% -4%
Net profit (loss) -26 -93 -36 -121
Net profit margin -4% -13% -9% -34%

Balance sheet

2018 2019 2020 2021
Non-current assets 485 1,046 939 748
Intangible assets 4 2
Tangible assets 485 1,046 936 745
Financial assets
Other non-current assets
Current assets 77 56 78 239
Inventories and prepaid expenses 9 14 10 115
Accounts receivable in one year 51 34 21 26
Other current assets
Cash and cash equivalents 17 8 48 97
Total assets 569 1,108 1,022 993
Equity 72 158 122 2
Grants and subsidies 80
Liabilities 496 948 898 910
Financial liabilities 335 742 709 616
Long-term liabilities 281 679 610 516
Short-term liabilities 215 270 288 394
Equity and liabilities 569 1,108 1,022 993

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -5% -11% -3% -12%
Return on equity (ROE) -31% -81% -26% -195%
Return on capital employed (ROCE) -12% -19% -5% -36%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 4.68 4.69 5.79 384.69
Current Ratio 0.36 0.21 0.27 0.61
Quick ratio 0.32 0.16 0.24 0.31
Turnover ratios
Asset turnover 1.46 0.87 0.38 0.36
Fixed asset turnover 1.75 0.96 0.41 0.43
Equity turnover 8.31 6.38 2.88 5.80
Profitability ratios
EBITDA margin 3% -0% 23% -4%
Operating profit margin -13% -22% -24% -52%
Net profit margin -4% -13% -9% -34%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Trakų autobusai“
  • Legal formPrivate limited liability company (UAB)
  • Company code181200636
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionTrakai district municipality
  • Share belonging to the Municipal100%
www.trakuautobusai.lt
ROE

-194.8%

Number of employees

38

Financial data provided as at end-December 2021