Varėnos autobusų parkas
UAB „Varėnos autobusų parkas“ was registered on January 2, 1992. The main activity of the company is the transportation of passengers by buses on regular suburban and long-distance routes. Other activities of the company – revenue from entrance to the station, rental of buses with a driver, revenue from luggage and toilet services, revenue from parcels.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 441 | 399 | 661 | 706 |
| Cost of goods sold | 84 | 98 | 550 | 528 |
| Gross profit (loss) | 358 | 301 | 111 | 178 |
| Gross profit margin | 81% | 75% | 17% | 25% |
| Operating expenses | 335 | 369 | 235 | 252 |
| Operating profit (loss) | -54 | -136 | -130 | -82 |
| Operating profit margin | -12% | -34% | -20% | -12% |
| EBITDA | 108 | -15 | -36 | 17 |
| EBITDA margin | 25% | -4% | -5% | 2% |
| Net profit (loss) | 30 | -74 | -94 | -39 |
| Net profit margin | 7% | -18% | -14% | -6% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 371 | 324 | 303 | 248 |
| Intangible assets | 0 | 0 | 0 | |
| Tangible assets | 371 | 324 | 303 | 248 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 186 | 130 | 58 | 81 |
| Inventories and prepaid expenses | 1 | 2 | 4 | 3 |
| Accounts receivable in one year | 122 | 27 | 34 | 24 |
| Other current assets | 62 | 0 | ||
| Cash and cash equivalents | 102 | 20 | 53 | |
| Total assets | 557 | 455 | 362 | 330 |
| Equity | 461 | 387 | 293 | 254 |
| Grants and subsidies | 0 | |||
| Liabilities | 96 | 68 | 69 | 76 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 96 | 68 | 69 | 76 |
| Equity and liabilities | 557 | 455 | 362 | 330 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 6% | -15% | -23% | -11% |
| Return on equity (ROE) | 7% | -17% | -28% | -14% |
| Return on capital employed (ROCE) | -12% | -35% | -44% | -32% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 1.94 | 1.93 | 0.85 | 1.07 |
| Quick ratio | 1.92 | 1.91 | 0.79 | 1.03 |
| Turnover ratios | ||||
| Asset turnover | 0.79 | 0.88 | 1.83 | 2.14 |
| Fixed asset turnover | 1.19 | 1.23 | 2.18 | 2.84 |
| Equity turnover | 0.96 | 1.03 | 2.25 | 2.78 |
| Profitability ratios | ||||
| EBITDA margin | 25% | -4% | -5% | 2% |
| Operating profit margin | -12% | -34% | -20% | -12% |
| Net profit margin | 7% | -18% | -14% | -6% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB „Varėnos autobusų parkas“
- Legal formPrivate limited liability company (UAB)
- Company code184536236
- SectorPublic transport
- Line of businessPublic transport
- Representing institutionVarėna district municipality
- Share belonging to the Municipal100%
- Contacts https://varenosap.lt/
ROE
-14.3%
Number of employees
32
Financial data provided as at end-December 2023
Management
- Juozas JaskonisChief Executive Officer
Information as of: 2024/04/30
