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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „VILDMINA“ was established on the 28th of March, 1996 following the reorganization of the UAB “Rasa”. The company’s main activity is sauna service.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 155 111 151 161
Cost of goods sold 108 70 105 151
Gross profit (loss) 47 41 46 9
Gross profit margin 30% 37% 31% 6%
Operating expenses 50 48 70 53
Operating profit (loss) -3 -6 -24 -44
Operating profit margin -2% -6% -16% -27%
EBITDA 7 3 -15 -23
EBITDA margin 5% 3% -10% -14%
Net profit (loss) 4 0 -18 -29
Net profit margin 3% 0% -12% -18%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 87 84 89 87
Intangible assets 1 0 0 0
Tangible assets 86 84 89 87
Financial assets
Other non-current assets
Current assets 127 127 114 93
Inventories and prepaid expenses 2 1 6 16
Accounts receivable in one year 2 1 6 13
Other current assets
Cash and cash equivalents 124 125 102 64
Total assets 214 212 204 180
Equity 193 191 172 143
Grants and subsidies
Liabilities 21 20 31 37
Financial liabilities 0 0 0 0
Long-term liabilities
Short-term liabilities 21 20 31 37
Equity and liabilities 214 212 204 180

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 2% 0% -9% -15%
Return on equity (ROE) 2% 0% -10% -18%
Return on capital employed (ROCE) -2% -3% -14% -30%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 6.05 6.25 3.64 2.54
Quick ratio 5.97 6.20 3.43 2.09
Turnover ratios
Asset turnover 0.72 0.52 0.74 0.89
Fixed asset turnover 1.79 1.32 1.69 1.84
Equity turnover 0.80 0.58 0.88 1.12
Profitability ratios
EBITDA margin 5% 3% -10% -14%
Operating profit margin -2% -6% -16% -27%
Net profit margin 3% 0% -12% -18%
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

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Vildmina“
  • Legal formPrivate limited liability company (UAB)
  • Company code141525547
  • SectorOther
  • Line of businessSauna services
  • Representing institutionKlaipėda city municipality
  • Share indirectly belonging to the Municipal0%
https://vildmina.lt/
ROE

-18.1%

Number of employees

10

Financial data provided as at end-December 2022