• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Vilniaus vystymo kompanija” was registered in former name Vilnius City Municipality SĮ “Kapitalinė Statyba” and UAB “Vilniaus kapitalinė statyba” on 19 April 1995. The main activity of the company is property rental, real estate operations and organization of Vilnius city municipality and other state orders city construction works performing project management, construction manager functions, i.e.: construction planning and design, construction supervision.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 3,155 3,985 5,200 4,436
Cost of goods sold 1,762 2,494 3,124 3,103
Gross profit (loss) 1,393 1,490 2,076 1,333
Gross profit margin 44% 37% 40% 30%
Operating expenses 1,757 1,471 1,406 1,869
Operating profit (loss) -364 19 671 -536
Operating profit margin -12% 0% 13% -12%
EBITDA 330 734 4,872 2,142
EBITDA margin 10% 18% 94% 48%
Net profit (loss) -417 14 3,980 1,264
Net profit margin -13% 0% 77% 28%

Balance sheet

2018 2019 2020 2021
Non-current assets 15,436 19,797 13,537 11,764
Intangible assets 2 1 29 27
Tangible assets 14,348 13,012 10,483 10,163
Financial assets 784 759
Other non-current assets 303 6,025 3,025 1,574
Current assets 12,994 7,907 15,613 19,390
Inventories and prepaid expenses 1,464 4,758 4,427
Accounts receivable in one year 2,550 2,760 4,670 4,546
Other current assets 155 32 69 60
Cash and cash equivalents 8,524 3,652 6,117 10,359
Total assets 28,430 27,704 29,150 31,155
Equity 21,592 21,606 25,647 26,831
Grants and subsidies 2,495 1,795 36 36
Liabilities 4,343 4,303 3,467 4,288
Financial liabilities 31 716 472 1,604
Long-term liabilities 1,719 2,425 1,717 2,567
Short-term liabilities 2,624 1,877 1,750 1,720
Equity and liabilities 28,430 27,704 29,150 31,155

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -2% 0% 14% 4%
Return on equity (ROE) -2% 0% 17% 5%
Return on capital employed (ROCE) -3% 0% 30% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.03 0.02 0.06
Current Ratio 4.95 4.21 8.92 11.27
Quick ratio 4.95 3.43 6.20 8.70
Turnover ratios
Asset turnover 0.12 0.14 0.18 0.15
Fixed asset turnover 0.25 0.23 0.31 0.35
Equity turnover 0.15 0.18 0.22 0.17
Profitability ratios
EBITDA margin 10% 18% 94% 48%
Operating profit margin -12% 0% 13% -12%
Net profit margin -13% 0% 77% 28%
Other ratios
Dividends to the Municipality 80.00 100.00
Dividends paid / net profit 0.02 0.08

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Vilniaus vystymo kompanija“
  • Legal formPrivate limited liability company (UAB)
  • Company code120750163
  • SectorOther
  • Line of businessConstruction and architecture, building design, construction management and maintenance
  • Representing institutionVilnius city municipality
  • Share belonging to the Municipal100%
https://www.vilniausvystymas.lt/
ROE

4.8%

Number of employees

61

Financial data provided as at end-December 2021