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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 859 900 962 1,004
Cost of goods sold 402 420 438 467
Gross profit (loss) 458 480 524 536
Gross profit margin 53% 53% 54% 53%
Operating expenses 440 465 503 515
Operating profit (loss) 18 15 21 21
Operating profit margin 2% 2% 2% 2%
EBITDA 43 43 42 34
EBITDA margin 5% 5% 4% 3%
Net profit (loss) 15 15 19 19
Net profit margin 2% 2% 2% 2%

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Balance sheet

2017 2018 2019 2020
Non-current assets 166 149 139 136
Intangible assets 0 2 1 1
Tangible assets 166 147 138 135
Financial assets
Other non-current assets
Current assets 1,027 1,213 1,466 1,650
Inventories and prepaid expenses 13 13 13 12
Accounts receivable in one year 139 144 152 146
Other current assets
Cash and cash equivalents 875 1,056 1,302 1,492
Total assets 1,195 1,363 1,607 1,787
Equity 498 513 532 551
Grants and subsidies
Liabilities 697 850 1,075 1,236
Financial liabilities 0
Long-term liabilities 0 9 10
Short-term liabilities 697 850 1,066 1,226
Equity and liabilities 1,195 1,363 1,607 1,787

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Financial ratios

2018 2019 2020
Capital return ratios
Return on assets (ROA) 1% 1% 1%
Return on equity (ROE) 3% 4% 4%
Return on capital employed (ROCE) 7% 8% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00
Current Ratio 1.43 1.38 1.35
Quick ratio 1.41 1.36 1.34
Turnover ratios
Asset turnover 0.70 0.65 0.59
Fixed asset turnover 5.70 6.67 7.31
Equity turnover 1.78 1.84 1.85
Profitability ratios
EBITDA margin 5% 4% 3%
Operating profit margin 2% 2% 2%
Net profit margin 2% 2% 2%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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Expectations of the municipal

About the company

  • Official nameUAB „Utenos butų ūkis“
  • Legal formPrivate limited liability company (UAB)
  • Company code183605327
  • SectorOther
  • Line of businessApartment management
  • Representing institutionUtena district municipality
  • Share belonging to the Municipal100%
www.utbu.lt
ROE

3.5%

Number of employees

57

Financial data provided as at end-December 2019

Management

  • Ignas VaškelisDirector General

Information as of: 2021/06/01

Supervisory board

CHAIRMAN OF THE SUPERVISORY BOARD

  • Artūras Gimžauskas

SUPERVISORY BOARD MEMBERS

  • Nerijus Malinauskas
  • Rimantas Šiaučiūnas
  • Romualdas Kraulišas

Information as of: 2021/06/01