Zarasų būstas
UAB Zarasų būstas was registered on January 22, 2010 as a result of the restructuring of the Zarasai District Municipality’s Apartment Management Company. The main activity of the company is to administer the common property of multi-apartment residential buildings, to carry out maintenance of the common property of multi-apartment buildings, and to carry out other activities related to the administration and maintenance of the common property of multi-apartment residential buildings.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 303 | 286 | 397 | 653 |
| Cost of goods sold | 234 | 226 | 304 | 497 |
| Gross profit (loss) | 69 | 60 | 93 | 156 |
| Gross profit margin | 23% | 21% | 23% | 24% |
| Operating expenses | 75 | 142 | 113 | 140 |
| Operating profit (loss) | -6 | -82 | -20 | 16 |
| Operating profit margin | -2% | -29% | -5% | 2% |
| EBITDA | 0 | -77 | -17 | 27 |
| EBITDA margin | 0% | -27% | -4% | 4% |
| Net profit (loss) | -12 | -82 | -28 | 24 |
| Net profit margin | -4% | -28% | -7% | 4% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 82 | 76 | 69 | 6,637 |
| Intangible assets | 0 | 3 | ||
| Tangible assets | 82 | 76 | 69 | 6,634 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 235 | 137 | 248 | 609 |
| Inventories and prepaid expenses | 2 | 1 | 0 | 69 |
| Accounts receivable in one year | 147 | 77 | 74 | 217 |
| Other current assets | ||||
| Cash and cash equivalents | 86 | 59 | 173 | 324 |
| Total assets | 317 | 213 | 318 | 7,268 |
| Equity | 62 | -20 | 102 | 1,850 |
| Grants and subsidies | 74 | 71 | 68 | 4,148 |
| Liabilities | 181 | 162 | 148 | 1,270 |
| Financial liabilities | 30 | 1 | 0 | 0 |
| Long-term liabilities | 1 | 1 | 0 | 876 |
| Short-term liabilities | 180 | 161 | 147 | 394 |
| Equity and liabilities | 317 | 213 | 318 | 7,268 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -3% | -31% | -11% | 1% |
| Return on equity (ROE) | -17% | -389% | -68% | 2% |
| Return on capital employed (ROCE) | -9% | 431% | -19% | 1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.09 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 1.30 | 0.85 | 1.68 | 1.54 |
| Quick ratio | 1.30 | 0.85 | 1.68 | 1.37 |
| Turnover ratios | ||||
| Asset turnover | 0.96 | 1.35 | 1.25 | 0.09 |
| Fixed asset turnover | 3.71 | 3.79 | 5.72 | 0.10 |
| Equity turnover | 4.91 | -14.46 | 3.88 | 0.35 |
| Profitability ratios | ||||
| EBITDA margin | 0% | -27% | -4% | 4% |
| Operating profit margin | -2% | -29% | -5% | 2% |
| Net profit margin | -4% | -28% | -7% | 4% |
| 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 |
Financial statments
About the company
- Official nameUAB „Zarasų būstas“
- Legal formPrivate limited liability company (UAB)
- Company code187801768
- SectorOther
- Line of businessApartment management
- Representing institutionZarasai district municipality
- Share belonging to the Municipal100%
ROE
2.5%
Number of employees
90
Financial data provided as at end-December 2023
Management
- Vidas SelickasChief Executive Officer
Information as of: 2024/04/30
