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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Utenos butų ūkis“ was established on 3rd of May, 1995. The main activities are owners houses accounting data management, technical and other documentation management, common use objects description, common use objects inspections, residents meetings organization, premises owners decisions implementation, common use objects repair and reconstruction organization, to carry out regular technical maintenance, common use objects technical maintenance, accident localization and liquidation.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 900 962 1,004 1,093
Cost of goods sold 420 438 467 462
Gross profit (loss) 480 524 536 632
Gross profit margin 53% 54% 53% 58%
Operating expenses 465 503 515 621
Operating profit (loss) 15 21 21 11
Operating profit margin 2% 2% 2% 1%
EBITDA 43 42 34 26
EBITDA margin 5% 4% 3% 2%
Net profit (loss) 15 19 19 12
Net profit margin 2% 2% 2% 1%

Balance sheet

2018 2019 2020 2021
Non-current assets 149 139 136 150
Intangible assets 2 1 1 13
Tangible assets 147 138 135 138
Financial assets
Other non-current assets
Current assets 1,213 1,466 1,650 1,828
Inventories and prepaid expenses 13 13 12 17
Accounts receivable in one year 144 152 146 152
Other current assets
Cash and cash equivalents 1,056 1,302 1,492 1,659
Total assets 1,363 1,607 1,787 1,981
Equity 513 532 551 562
Grants and subsidies
Liabilities 850 1,075 1,236 1,418
Financial liabilities 0
Long-term liabilities 9 10 14
Short-term liabilities 850 1,066 1,226 1,404
Equity and liabilities 1,363 1,607 1,787 1,981

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 1% 1% 1% 1%
Return on equity (ROE) 3% 4% 4% 2%
Return on capital employed (ROCE) 7% 8% 8% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00
Current Ratio 1.43 1.38 1.35 1.30
Quick ratio 1.41 1.36 1.34 1.29
Turnover ratios
Asset turnover 0.70 0.65 0.59 0.58
Fixed asset turnover 5.70 6.67 7.31 7.65
Equity turnover 1.78 1.84 1.85 1.97
Profitability ratios
EBITDA margin 5% 4% 3% 2%
Operating profit margin 2% 2% 2% 1%
Net profit margin 2% 2% 2% 1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

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

2.1%

Number of employees

57

Financial data provided as at end-December 2021