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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Vilniaus sporto projektai was registered on 23 October 2014. The nature of the company’s activities includes the lease of premises and the performance of project management, building design manager, building construction manager and building construction maintenance functions.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 88 115 103 77
Cost of goods sold 33 29 31 30
Gross profit (loss) 55 85 71 47
Gross profit margin 63% 75% 69% 61%
Operating expenses 76 32 42 50
Operating profit (loss) -21 54 29 -3
Operating profit margin -25% 47% 28% -4%
EBITDA 8 86 85 25
EBITDA margin 9% 75% 82% 32%
Net profit (loss) -24 54 54 -3
Net profit margin -27% 47% 53% -4%

Balance sheet

2018 2019 2020 2021
Non-current assets 308 274 244 216
Intangible assets 34 32 29 27
Tangible assets 274 242 214 189
Financial assets
Other non-current assets
Current assets 501 577 662 783
Inventories and prepaid expenses 21 20 20 20
Accounts receivable in one year 93 69 65 161
Other current assets
Cash and cash equivalents 387 488 577 602
Total assets 812 854 908 1,002
Equity 739 793 847 844
Grants and subsidies
Liabilities 71 59 60 157
Financial liabilities
Long-term liabilities
Short-term liabilities 71 59 60 157
Equity and liabilities 812 854 908 1,002

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -3% 6% 6% -0%
Return on equity (ROE) -3% 7% 6% -0%
Return on capital employed (ROCE) -6% 14% 13% -1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 7.09 9.74 11.05 5.00
Quick ratio 6.78 9.40 10.72 4.87
Turnover ratios
Asset turnover 0.11 0.14 0.12 0.08
Fixed asset turnover 0.27 0.39 0.40 0.33
Equity turnover 0.12 0.15 0.13 0.09
Profitability ratios
EBITDA margin 9% 75% 82% 32%
Operating profit margin -25% 47% 28% -4%
Net profit margin -27% 47% 53% -4%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

About the company

  • Official nameUAB „Vilniaus sporto projektai“
  • Legal formPrivate limited liability company (UAB)
  • Company code303432648
  • SectorOther
  • Line of businessRenting and operating of own or leased real estate
  • Representing institution„Vilniaus vystymo kompanija“
  • Share indirectly belonging to the Municipal100%
ROE

-0.4%

Number of employees

1

Financial data provided as at end-December 2021