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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

2018 2019 2020 2021
Revenue 154 155 111 151
Cost of goods sold 110 108 70 105
Gross profit (loss) 44 47 41 46
Gross profit margin 29% 30% 37% 31%
Operating expenses 50 50 48 70
Operating profit (loss) -6 -3 -6 -24
Operating profit margin -4% -2% -6% -16%
EBITDA 3 7 3 -15
EBITDA margin 2% 5% 3% -10%
Net profit (loss) 0 4 0 -18
Net profit margin 0% 3% 0% -12%

Balance sheet

2018 2019 2020 2021
Non-current assets 89 87 84 89
Intangible assets 1 0 0
Tangible assets 89 86 84 89
Financial assets
Other non-current assets
Current assets 120 127 127 114
Inventories and prepaid expenses 1 2 1 6
Accounts receivable in one year 2 2 1 6
Other current assets
Cash and cash equivalents 117 124 125 102
Total assets 209 214 212 203
Equity 191 193 191 172
Grants and subsidies
Liabilities 19 21 20 31
Financial liabilities
Long-term liabilities
Short-term liabilities 19 21 20 31
Equity and liabilities 209 214 212 203

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% 2% 0% -9%
Return on equity (ROE) 0% 2% 0% -10%
Return on capital employed (ROCE) 0% 5% 0% -21%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 6.48 6.05 6.25 3.65
Quick ratio 6.41 5.97 6.20 3.44
Turnover ratios
Asset turnover 0.73 0.73 0.52 0.73
Fixed asset turnover 1.72 1.77 1.30 1.75
Equity turnover 0.80 0.81 0.58 0.83
Profitability ratios
EBITDA margin 2% 5% 3% -10%
Operating profit margin -4% -2% -6% -16%
Net profit margin 0% 3% 0% -12%
Other ratios
Dividends to the Municipality 2.00
Dividends paid / net profit 10.00

Expectations of the municipal

About the company

  • Official nameUAB „Vildmina“
  • Legal formPrivate limited liability company (UAB)
  • Company code141525547
  • SectorOther
  • Line of businessSauna services
  • Representing institutionKlaipėda city municipality
  • Share belonging to the Municipal100%
http://www.vildmina.lt/
ROE

-10.1%

Number of employees

10

Financial data provided as at end-December 2021