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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

SĮ Vilniaus rajono autobusų parkas was established on February 27, 2009. The main activity of the company is passenger transportation on local (suburban) routes and provision of other services related to passenger transportation.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 1,825 1,516 1,319 2,272
Cost of goods sold 1,574 1,414 1,183 2,057
Gross profit (loss) 251 102 137 215
Gross profit margin 14% 7% 10% 9%
Operating expenses 219 261 239 437
Operating profit (loss) 33 -159 -103 -224
Operating profit margin 2% -10% -8% -10%
EBITDA 285 138 212 89
EBITDA margin 16% 9% 16% 4%
Net profit (loss) 52 -133 -61 -179
Net profit margin 3% -9% -5% -8%

Balance sheet

2019 2020 2021 2022
Non-current assets 1,579 1,510 1,329 2,505
Intangible assets 2 1 1
Tangible assets 1,579 1,508 1,328 2,505
Financial assets 0 0
Other non-current assets 0 0
Current assets 536 535 943 625
Inventories and prepaid expenses 40 61 53 62
Accounts receivable in one year 88 80 36 157
Other current assets
Cash and cash equivalents 408 394 854 407
Total assets 2,138 2,062 2,293 3,172
Equity 1,810 1,657 1,595 2,231
Grants and subsidies
Liabilities 328 405 698 941
Financial liabilities 258 254 393 609
Long-term liabilities 253 249 185 120
Short-term liabilities 74 156 513 821
Equity and liabilities 2,138 2,062 2,293 3,172

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 3% -6% -3% -7%
Return on equity (ROE) 3% -8% -4% -9%
Return on capital employed (ROCE) 2% -8% -6% -10%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.12 0.12 0.17 0.19
Current Ratio 7.23 3.42 1.84 0.76
Quick ratio 6.69 3.04 1.74 0.69
Turnover ratios
Asset turnover 0.85 0.74 0.58 0.72
Fixed asset turnover 1.16 1.00 0.99 0.91
Equity turnover 1.01 0.91 0.83 1.02
Profitability ratios
EBITDA margin 16% 9% 16% 4%
Operating profit margin 2% -10% -8% -10%
Net profit margin 3% -9% -5% -8%
Other ratios
Dividends to the Municipality 18.20 0.00 0.00 0.00
Dividends paid / net profit 0.35 0.00 0.00 0.00

Expectations of the municipal

About the company

  • Official nameSĮ Vilniaus rajono autobusų parkas
  • Legal formMunicipality enterprise (SĮ)
  • Company code302409486
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionVilnius district municipality
  • Share belonging to the Municipal100%
https://vrap.lt/
ROE

-9.3%

Number of employees

99

Financial data provided as at end-December 2022

Management

  • Darius GasperovičiusChief Executive Officer

Information as of: 4/30/2023