Visagino mechanizacija
UAB Visagino Mechanizacija was registered in 1995. The main activities of the company are rental of construction or demolition equipment with operator (driver), production of structural metal products, production of construction metal structures and parts, production of metal products, rental of trucks with driver, vocational training and occupational safety training and other related activities.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 254 | 178 | 210 | 217 |
| Cost of goods sold | 127 | 109 | 146 | 129 |
| Gross profit (loss) | 127 | 68 | 64 | 88 |
| Gross profit margin | 50% | 38% | 30% | 41% |
| Operating expenses | 150 | 144 | 152 | 136 |
| Operating profit (loss) | -24 | -76 | -88 | -48 |
| Operating profit margin | -9% | -43% | -42% | -22% |
| EBITDA | 2 | -55 | -56 | 9 |
| EBITDA margin | 1% | -31% | -27% | 4% |
| Net profit (loss) | -24 | -76 | -79 | -15 |
| Net profit margin | -9% | -43% | -38% | -7% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 437 | 428 | 394 | 387 |
| Intangible assets | ||||
| Tangible assets | 437 | 428 | 394 | 387 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 158 | 95 | 48 | 37 |
| Inventories and prepaid expenses | 13 | 15 | 10 | 11 |
| Accounts receivable in one year | 22 | 26 | 22 | 8 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 123 | 54 | 13 | 18 |
| Total assets | 596 | 524 | 443 | 424 |
| Equity | 581 | 505 | 426 | 411 |
| Grants and subsidies | ||||
| Liabilities | 15 | 18 | 17 | 13 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 15 | 18 | 17 | 13 |
| Equity and liabilities | 596 | 524 | 443 | 424 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -4% | -14% | -16% | -3% |
| Return on equity (ROE) | -4% | -14% | -17% | -4% |
| Return on capital employed (ROCE) | -4% | -15% | -21% | -12% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 10.73 | 5.21 | 2.90 | 2.93 |
| Quick ratio | 9.86 | 4.38 | 2.27 | 2.09 |
| Turnover ratios | ||||
| Asset turnover | 0.43 | 0.34 | 0.47 | 0.51 |
| Fixed asset turnover | 0.58 | 0.41 | 0.53 | 0.56 |
| Equity turnover | 0.44 | 0.35 | 0.49 | 0.53 |
| Profitability ratios | ||||
| EBITDA margin | 1% | -31% | -27% | 4% |
| Operating profit margin | -9% | -43% | -42% | -22% |
| Net profit margin | -9% | -43% | -38% | -7% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Visagino mechanizacija“
- Legal formPrivate limited liability company (UAB)
- Company code155514735
- SectorOther
- Line of businessMachinery rental, production of building metal structures, other transport services
- Representing institutionVisaginas municipality
- Share belonging to the Municipal100%
- Contacts https://visaginomechanizacija.lt/
ROE
-3.5%
Number of employees
11
Financial data provided as at end-December 2023
Management
- Jurij GotovskijChief Executive Officer
Information as of: 2023/04/30
