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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Utenos autobusų parkas“ was established in 1995. The main activity of the company is the passenger transportation by buses on city, suburban and long-distance regular routes and on special and charter trips. Also company operates the bus station, repairs vehicles, transports of small consignments by shuttle buses to major and other Lithuanian cities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 662 668 685 786
Cost of goods sold 636 653 465 529
Gross profit (loss) 27 15 219 257
Gross profit margin 4% 2% 32% 33%
Operating expenses 415 471 335 403
Operating profit (loss) -388 -457 -116 -146
Operating profit margin -59% -68% -17% -19%
EBITDA 4 62 -89 -105
EBITDA margin 1% 9% -13% -13%
Net profit (loss) -49 6 2 -150
Net profit margin -7% 1% 0% -19%

Balance sheet

2018 2019 2020 2021
Non-current assets 632 603 575 689
Intangible assets 1 1 1 0
Tangible assets 631 601 574 689
Financial assets
Other non-current assets
Current assets 190 257 337 214
Inventories and prepaid expenses 41 32 41 52
Accounts receivable in one year 118 157 67 73
Other current assets
Cash and cash equivalents 31 68 228 89
Total assets 826 867 918 909
Equity 541 559 621 641
Grants and subsidies
Liabilities 286 308 297 268
Financial liabilities 109 93 76 60
Long-term liabilities 93 76 60 44
Short-term liabilities 193 232 237 225
Equity and liabilities 826 867 918 909

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -6% 1% 0% -16%
Return on equity (ROE) -9% 1% 0% -24%
Return on capital employed (ROCE) -15% 2% -41% -44%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.20 0.17 0.12 0.09
Current Ratio 0.99 1.11 1.42 0.95
Quick ratio 0.77 0.97 1.25 0.72
Turnover ratios
Asset turnover 0.78 0.79 0.77 0.86
Fixed asset turnover 1.01 1.08 1.16 1.24
Equity turnover 1.17 1.22 1.16 1.25
Profitability ratios
EBITDA margin 1% 9% -13% -13%
Operating profit margin -59% -68% -17% -19%
Net profit margin -7% 1% 0% -19%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Utenos autobusų parkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code283667080
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionUtena district municipality
  • Share belonging to the Municipal100%
www.utenosap.lt
ROE

-23.8%

Number of employees

49

Financial data provided as at end-December 2021