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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Trakų paslaugos” was established on August 28, 1998. Main activities – Trakai and Lentvaris city public maintenance and cleaning works, Trakai, Lentvaris and Rykantai cemetery maintenance, composting site maintenance works, local parking fees collection services in Trakai city, Trakai city parking lot cleaning and garbage removal services and other for residents of the district services provided (mowing, digging, etc.).

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 700 743 756 828
Cost of goods sold 602 725 671 751
Gross profit (loss) 98 18 84 76
Gross profit margin 14% 2% 11% 9%
Operating expenses 129 144 158 186
Operating profit (loss) -31 -126 -74 -110
Operating profit margin -4% -17% -10% -13%
EBITDA 24 -48 -8 -45
EBITDA margin 3% -6% -1% -5%
Net profit (loss) -25 -114 -74 -111
Net profit margin -4% -15% -10% -13%

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*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2018 2019 2020 2021
Non-current assets 274 278 226 441
Intangible assets 2 1 1 0
Tangible assets 272 267 216 432
Financial assets
Other non-current assets 10 9 8
Current assets 168 84 67 158
Inventories and prepaid expenses 45 15 26 25
Accounts receivable in one year 95 63 20 96
Other current assets
Cash and cash equivalents 28 6 21 37
Total assets 442 362 294 599
Equity 254 140 51 -60
Grants and subsidies 80
Liabilities 188 223 242 579
Financial liabilities 322
Long-term liabilities 232
Short-term liabilities 188 223 242 347
Equity and liabilities 442 362 294 599

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -6% -28% -23% -25%
Return on equity (ROE) -11% -58% -78% 2551%
Return on capital employed (ROCE) -19% -164% -289% -88%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) -5.36
Current Ratio 0.89 0.38 0.28 0.46
Quick ratio 0.65 0.31 0.17 0.38
Turnover ratios
Asset turnover 1.79 1.85 2.30 1.85
Fixed asset turnover 2.76 2.69 3.00 2.48
Equity turnover 3.24 3.77 7.92 -189.71
Profitability ratios
EBITDA margin 3% -6% -1% -5%
Operating profit margin -4% -17% -10% -13%
Net profit margin -4% -15% -10% -13%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Trakų paslaugos“
  • Legal formPrivate limited liability company (UAB)
  • Company code181522014
  • SectorOther
  • Line of businessMaintenance of public areas
  • Representing institutionTrakai district municipality
  • Share belonging to the Municipal100%
https://trakupaslaugos.lt
ROE

2550.6%

Number of employees

43

Financial data provided as at end-December 2021