• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Vilniaus viešasis transportas“ was registered on October 12, 2011 by reorganizing UAB „Vilniaus autobusai“ and UAB „Vilniaus troleibusai“. The main activity of the company is the transportation of passengers by buses and trolleybuses in the city and suburbs.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 40,726 40,345 25,554 22,968
Cost of goods sold 37,170 36,767 16,594 17,935
Gross profit (loss) 3,556 3,578 8,960 5,033
Gross profit margin 9% 9% 35% 22%
Operating expenses 5,468 5,038 9,124 8,662
Operating profit (loss) -1,912 -1,460 -164 -3,629
Operating profit margin -5% -4% -1% -16%
EBITDA 1,999 4,477 6,369 3,690
EBITDA margin 5% 11% 25% 16%
Net profit (loss) 109 -957 -37 -3,411
Net profit margin 0% -2% -0% -15%

Balance sheet

2018 2019 2020 2021
Non-current assets 66,700 81,901 92,258 82,964
Intangible assets 64 40 19 30
Tangible assets 66,635 81,861 92,239 82,934
Financial assets
Other non-current assets
Current assets 25,878 15,861 14,176 11,882
Inventories and prepaid expenses 1,455 1,282 1,148 1,129
Accounts receivable in one year 13,371 9,763 11,281 9,764
Other current assets
Cash and cash equivalents 11,051 4,815 1,747 989
Total assets 92,750 97,840 106,434 94,846
Equity 31,875 38,503 38,462 35,051
Grants and subsidies 11,697 17,529 14,707 11,896
Liabilities 49,178 41,808 53,265 47,899
Financial liabilities 35,342 27,304 41,456 34,631
Long-term liabilities 24,655 24,458 35,572 29,371
Short-term liabilities 21,431 11,694 14,480 15,883
Equity and liabilities 92,750 97,840 106,434 94,846

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% -1% -0% -3%
Return on equity (ROE) 0% -3% -0% -9%
Return on capital employed (ROCE) -3% -2% 1% -7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 1.11 0.71 1.08 0.99
Current Ratio 1.21 1.36 0.98 0.75
Quick ratio 1.14 1.25 0.90 0.68
Turnover ratios
Asset turnover 0.53 0.42 0.25 0.23
Fixed asset turnover 0.79 0.54 0.29 0.26
Equity turnover 1.27 1.15 0.66 0.62
Profitability ratios
EBITDA margin 5% 11% 25% 16%
Operating profit margin -5% -4% -1% -16%
Net profit margin 0% -2% -0% -15%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Vilniaus viešasis transportas“
  • Legal formPrivate limited liability company (UAB)
  • Company code302683277
  • SectorPublic transport
  • Line of businessPublic transport
  • Representing institutionVilnius city municipality
  • Share belonging to the Municipal100%
https://www.vilniausviesasistransportas.lt/
ROE

-9.3%

Number of employees

1,900

Financial data provided as at end-December 2021