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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Varėnos knyga” was registered on July 20, 1995. The main activity of the company is retail sale of books, school exercises and textbooks, stationery, accounting forms, lottery tickets, board games and toys, souvenirs and products of folk artists of Varėna region. It also provides copying, faxing and parcel services.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 137 135 128 124
Cost of goods sold 90 87 95 85
Gross profit (loss) 46 48 34 40
Gross profit margin 34% 36% 26% 32%
Operating expenses 43 49 33 38
Operating profit (loss) 3 0 1 1
Operating profit margin 3% -0% 0% 1%
EBITDA 7 4 3 3
EBITDA margin 5% 3% 2% 3%
Net profit (loss) 5 1 1 1
Net profit margin 4% 1% 0% 1%

Balance sheet

2018 2019 2020 2021
Non-current assets 32 32 30 28
Intangible assets
Tangible assets 32 32 30 28
Financial assets
Other non-current assets
Current assets 114 118 101 93
Inventories and prepaid expenses 102 98 78 73
Accounts receivable in one year 3 8 3 2
Other current assets
Cash and cash equivalents 8 12 20 18
Total assets 145 150 131 121
Equity 83 84 84 85
Grants and subsidies
Liabilities 63 66 47 36
Financial liabilities
Long-term liabilities
Short-term liabilities 63 66 47 36
Equity and liabilities 145 150 131 121

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 3% 1% 0% 1%
Return on equity (ROE) 6% 1% 1% 1%
Return on capital employed (ROCE) 13% 4% 3% 3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 1.82 1.78 2.16 2.57
Quick ratio 0.18 0.30 0.49 0.54
Turnover ratios
Asset turnover 0.92 0.92 0.91 0.98
Fixed asset turnover 4.30 4.27 4.15 4.28
Equity turnover 1.70 1.63 1.53 1.47
Profitability ratios
EBITDA margin 5% 3% 2% 3%
Operating profit margin 3% -0% 0% 1%
Net profit margin 4% 1% 0% 1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Varėnos knyga“
  • Legal formPrivate limited liability company (UAB)
  • Company code184552774
  • SectorOther
  • Line of businessBookstore services
  • Representing institutionVarėna district municipality
  • Share belonging to the Municipal100%
http://www.varenos-knyga.lt/
ROE

0.8%

Number of employees

3

Financial data provided as at end-December 2021