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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Ukmergės butų ūkis“ was established on 13th of April, 1995. The main activities are multi-apartment residential houses maintenance, buildings maintenance (including heating and hot water systems), municipal buildings administration, multi-apartment residential houses renovation program implementation, buildings and their parts repair.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,603 1,786 1,332 1,277
Cost of goods sold 1,366 1,591 961 920
Gross profit (loss) 238 195 371 357
Gross profit margin 15% 11% 28% 28%
Operating expenses 235 291 248 342
Operating profit (loss) 3 -96 123 15
Operating profit margin 0% -5% 9% 1%
EBITDA 47 -35 235 72
EBITDA margin 3% -2% 18% 6%
Net profit (loss) 9 -79 192 31
Net profit margin 1% -4% 14% 2%

* Left axis

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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 245 236 230 373
Intangible assets 13 3 1 1
Tangible assets 232 234 229 372
Financial assets
Other non-current assets
Current assets 1,152 1,001 952 913
Inventories and prepaid expenses 222 44 33 27
Accounts receivable in one year 342 362 264 278
Other current assets 87
Cash and cash equivalents 501 596 656 607
Total assets 1,401 1,240 1,184 1,288
Equity 292 127 320 351
Grants and subsidies 1 1 1 0
Liabilities 474 441 133 157
Financial liabilities 228 117 6
Long-term liabilities 118 6
Short-term liabilities 357 435 133 157
Equity and liabilities 1,401 1,240 1,184 1,288

* 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) 1% -6% 16% 2%
Return on equity (ROE) 3% -37% 86% 9%
Return on capital employed (ROCE) 1% -19% 38% 6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.78 0.92 0.02
Current Ratio 3.23 2.30 7.15 5.81
Quick ratio 2.61 2.20 6.90 5.63
Turnover ratios
Asset turnover 1.18 1.35 1.10 1.03
Fixed asset turnover 5.62 7.42 5.72 4.23
Equity turnover 5.04 8.53 5.96 3.81
Profitability ratios
EBITDA margin 3% -2% 18% 6%
Operating profit margin 0% -5% 9% 1%
Net profit margin 1% -4% 14% 2%
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

About the company

  • Official nameUAB „Ukmergės butų ūkis“
  • Legal formPrivate limited liability company (UAB)
  • Company code182701785
  • SectorOther
  • Line of businessApartment management
  • Representing institutionUkmergė district municipality
  • Share belonging to the Municipal100%
www.ubu.lt
ROE

9.2%

Number of employees

55

Financial data provided as at end-December 2021