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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Ukmergės autobusų parkas“ was established on December 19, 1991. The main activity of the company is the transportation of passengers on local (urban and suburban) regular routes. Also – bus rental, advertising, acceptance and issuance of parcels.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 790 348 266 629
Cost of goods sold 407 136 178 383
Gross profit (loss) 383 212 88 246
Gross profit margin 48% 61% 33% 39%
Operating expenses 354 75 93 157
Operating profit (loss) 29 137 -5 89
Operating profit margin 4% 39% -2% 14%
EBITDA 240 299 131 264
EBITDA margin 30% 86% 49% 42%
Net profit (loss) 65 137 8 104
Net profit margin 8% 39% 3% 17%

* Left axis

** Right axis

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

Balance sheet

2019 2020 2021 2022
Non-current assets 1,187 1,159 1,219 1,844
Intangible assets 4 3 1 17
Tangible assets 1,183 1,156 1,218 1,827
Financial assets 0 0
Other non-current assets 0 0
Current assets 389 436 391 471
Inventories and prepaid expenses 41 28 54 72
Accounts receivable in one year 190 28 91 106
Other current assets
Cash and cash equivalents 158 380 246 292
Total assets 1,578 1,598 1,613 2,320
Equity 1,228 1,365 1,373 1,477
Grants and subsidies 49 39 33
Liabilities 301 233 198 805
Financial liabilities 197 117 83 653
Long-term liabilities 129 83 48 557
Short-term liabilities 173 151 150 248
Equity and liabilities 1,578 1,598 1,613 2,320

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

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 4% 9% 0% 5%
Return on equity (ROE) 5% 11% 1% 7%
Return on capital employed (ROCE) 2% 9% -0% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.12 0.07 0.05 0.28
Current Ratio 2.25 2.90 2.61 1.90
Quick ratio 2.01 2.71 2.25 1.61
Turnover ratios
Asset turnover 0.50 0.22 0.17 0.27
Fixed asset turnover 0.67 0.30 0.22 0.34
Equity turnover 0.64 0.25 0.19 0.43
Profitability ratios
EBITDA margin 30% 86% 49% 42%
Operating profit margin 4% 39% -2% 14%
Net profit margin 8% 39% 3% 17%
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

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** Right axis

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

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Ukmergės autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code182770817
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionUkmergė district municipality
  • Share belonging to the Municipal100%
https://ukmergesautobusai.lt
ROE

7.3%

Number of employees

73

Financial data provided as at end-December 2022

Management

  • Rimvydas OlšauskasChief Executive Officer

Information as of: 4/30/2023