Vilniaus apšvietimas
UAB „Vilniaus apšvietimas“ was established on May 11, 1999, and in 2018. November 14 a new name was registered in UAB “Vilniaus apšvietimas”. The main activity of the company is the installation and operation of Vilnius city external lighting networks, architectural (decorative) lighting, festive lighting. The company can also trade in electromechanical materials and lighting equipment, their storage and warehousing, car rental.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 8,141 | 8,528 | 10,512 | 12,635 |
| Cost of goods sold | 6,318 | 6,379 | 8,557 | 9,500 |
| Gross profit (loss) | 1,823 | 2,149 | 1,955 | 3,135 |
| Gross profit margin | 22% | 25% | 19% | 25% |
| Operating expenses | 740 | 889 | 900 | 1,126 |
| Operating profit (loss) | 1,083 | 1,260 | 1,055 | 2,009 |
| Operating profit margin | 13% | 15% | 10% | 16% |
| EBITDA | 2,375 | 2,714 | 2,819 | 4,032 |
| EBITDA margin | 29% | 32% | 27% | 32% |
| Net profit (loss) | 1,148 | 1,267 | 1,020 | 2,199 |
| Net profit margin | 14% | 15% | 10% | 17% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 25,582 | 26,097 | 29,302 | 30,373 |
| Intangible assets | 309 | 280 | 278 | 257 |
| Tangible assets | 25,273 | 25,817 | 29,024 | 30,116 |
| Financial assets | 0 | |||
| Other non-current assets | 0 | |||
| Current assets | 14,925 | 14,359 | 13,726 | 14,578 |
| Inventories and prepaid expenses | 2,761 | 2,616 | 3,117 | 3,006 |
| Accounts receivable in one year | 1,660 | 790 | 1,532 | 563 |
| Other current assets | 0 | 6,000 | ||
| Cash and cash equivalents | 10,504 | 10,953 | 9,076 | 5,008 |
| Total assets | 40,525 | 40,474 | 43,028 | 44,950 |
| Equity | 25,662 | 26,428 | 29,701 | 31,381 |
| Grants and subsidies | 0 | 2,183 | 4,455 | |
| Liabilities | 14,863 | 14,045 | 11,051 | 9,019 |
| Financial liabilities | 13,974 | 13,016 | 9,700 | 7,092 |
| Long-term liabilities | 13,016 | 11,697 | 8,873 | 6,258 |
| Short-term liabilities | 1,847 | 2,349 | 2,178 | 2,761 |
| Equity and liabilities | 40,525 | 40,474 | 43,028 | 44,950 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 3% | 3% | 2% | 5% |
| Return on equity (ROE) | 5% | 5% | 4% | 7% |
| Return on capital employed (ROCE) | 3% | 3% | 3% | 5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.34 | 0.32 | 0.23 | 0.16 |
| Current Ratio | 8.08 | 6.11 | 6.30 | 5.28 |
| Quick ratio | 6.59 | 5.00 | 4.87 | 4.19 |
| Turnover ratios | ||||
| Asset turnover | 0.20 | 0.21 | 0.24 | 0.28 |
| Fixed asset turnover | 0.32 | 0.33 | 0.36 | 0.42 |
| Equity turnover | 0.32 | 0.32 | 0.35 | 0.40 |
| Profitability ratios | ||||
| EBITDA margin | 29% | 32% | 27% | 32% |
| Operating profit margin | 13% | 15% | 10% | 16% |
| Net profit margin | 14% | 15% | 10% | 17% |
| Other ratios | ||||
| Dividends to the Municipality | 500.00 | 630.00 | 520.00 | 0.00 |
| Dividends paid / net profit | 0.44 | 0.50 | 0.51 | 0.00 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Vilniaus apšvietimas“
- Legal formPrivate limited liability company (UAB)
- Company code120125820
- SectorOther
- Line of businessLighting maintenance
- Representing institutionVilnius city municipality
- Share belonging to the Municipal100%
ROE
7.2%
Number of employees
114
Financial data provided as at end-December 2023
Management
- Andrius DeimantasChief Executive Officer
Information as of: 2024/04/30
