Vilniaus miesto būstas
SĮ “Vilniaus miesto būstas” was established on 28 May 2008. reorganization of UAB “Bendruva”. The main activity of the company is the administration of residential and non-residential premises of Vilnius City Municipality, intended for use by residents as auxiliary premises. Also, the organization of the provision of state support for the provision of residential premises to the residents of Vilnius, the organization of the accommodation of social housing and other residential premises, the organization of the sale of municipal housing and auxiliary farm buildings.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 2,686 | 2,764 | 4,250 | 6,278 |
| Cost of goods sold | 1,414 | 1,450 | 1,674 | 2,097 |
| Gross profit (loss) | 1,272 | 1,314 | 2,576 | 4,181 |
| Gross profit margin | 47% | 48% | 61% | 67% |
| Operating expenses | 850 | 734 | 1,297 | 2,423 |
| Operating profit (loss) | 99 | 146 | 745 | 900 |
| Operating profit margin | 4% | 5% | 18% | 14% |
| EBITDA | 862 | 901 | 1,518 | 1,863 |
| EBITDA margin | 32% | 33% | 36% | 30% |
| Net profit (loss) | 150 | 199 | 754 | 905 |
| Net profit margin | 6% | 7% | 18% | 14% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 51,482 | 51,924 | 61,473 | 79,128 |
| Intangible assets | 12 | 25 | 14 | 5 |
| Tangible assets | 51,462 | 51,895 | 60,262 | 77,032 |
| Financial assets | 8 | 4 | 0 | 1,000 |
| Other non-current assets | 1,198 | 1,091 | ||
| Current assets | 4,593 | 4,507 | 5,640 | 5,474 |
| Inventories and prepaid expenses | 193 | 217 | 306 | 370 |
| Accounts receivable in one year | 644 | 624 | 1,541 | 1,293 |
| Other current assets | 16 | 24 | ||
| Cash and cash equivalents | 3,756 | 3,666 | 3,777 | 3,787 |
| Total assets | 56,085 | 56,442 | 67,139 | 84,623 |
| Equity | 55,212 | 56,194 | 66,673 | 83,572 |
| Grants and subsidies | 0 | 0 | ||
| Liabilities | 873 | 249 | 466 | 1,039 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 873 | 249 | 466 | 1,039 |
| Equity and liabilities | 56,085 | 56,442 | 67,139 | 84,623 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 0% | 1% | 1% |
| Return on equity (ROE) | 0% | 0% | 1% | 1% |
| Return on capital employed (ROCE) | 0% | 0% | 1% | 1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 5.26 | 18.13 | 12.11 | 5.27 |
| Quick ratio | 5.04 | 17.25 | 11.46 | 4.91 |
| Turnover ratios | ||||
| Asset turnover | 0.05 | 0.05 | 0.06 | 0.07 |
| Fixed asset turnover | 0.05 | 0.05 | 0.07 | 0.08 |
| Equity turnover | 0.05 | 0.05 | 0.06 | 0.08 |
| Profitability ratios | ||||
| EBITDA margin | 32% | 33% | 36% | 30% |
| Operating profit margin | 4% | 5% | 18% | 14% |
| Net profit margin | 6% | 7% | 18% | 14% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 913.12 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 1.01 |
Financial statments
Expectations of the municipal
About the company
- Official nameSĮ „Vilniaus miesto būstas“
- Legal formMunicipality enterprise (SĮ)
- Company code124568293
- SectorOther
- Line of businessApartment management
- Representing institutionVilnius city municipality
- Share belonging to the Municipal100%
Return to the Municipality
913 EUR thousand
ROE
1.2%
Number of employees
59
Financial data provided as at end-December 2023
Management
- Rosita ŽibilienėChief Executive Officer
Information as of: 2024/04/30
