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
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | 286 | 397 | 653 | 2,508 |
| Cost of goods sold | 226 | 304 | 497 | 1,861 |
| Gross profit (loss) | 60 | 93 | 156 | 646 |
| Gross profit margin | 21% | 23% | 24% | 26% |
| Operating expenses | 142 | 113 | 140 | 540 |
| Operating profit (loss) | -82 | -20 | 16 | 106 |
| Operating profit margin | -29% | -5% | 2% | 4% |
| EBITDA | -77 | -17 | 28 | 133 |
| EBITDA margin | -27% | -4% | 4% | 5% |
| Net profit (loss) | -82 | -28 | 24 | 74 |
| Net profit margin | -28% | -7% | 4% | 3% |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 76 | 69 | 6,637 | 6,987 |
| Intangible assets | 3 | 2 | ||
| Tangible assets | 76 | 69 | 6,634 | 6,985 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 137 | 248 | 609 | 544 |
| Inventories and prepaid expenses | 1 | 0 | 69 | 47 |
| Accounts receivable in one year | 77 | 74 | 217 | 229 |
| Other current assets | ||||
| Cash and cash equivalents | 59 | 173 | 324 | 268 |
| Total assets | 213 | 318 | 7,268 | 7,532 |
| Equity | -20 | 102 | 1,850 | 2,202 |
| Grants and subsidies | 71 | 68 | 4,148 | 4,127 |
| Liabilities | 162 | 148 | 1,270 | 1,203 |
| Financial liabilities | 1 | 0 | 876 | 759 |
| Long-term liabilities | 1 | 0 | 876 | 717 |
| Short-term liabilities | 161 | 147 | 394 | 486 |
| Equity and liabilities | 213 | 318 | 7,268 | 7,532 |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -31% | -11% | 1% | 1% |
| Return on equity (ROE) | -389% | -68% | 2% | 4% |
| Return on capital employed (ROCE) | 431% | -19% | 1% | 4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.12 | 0.10 |
| Current Ratio | 0.85 | 1.68 | 1.54 | 1.12 |
| Quick ratio | 0.85 | 1.68 | 1.37 | 1.02 |
| Turnover ratios | ||||
| Asset turnover | 1.35 | 1.25 | 0.09 | 0.33 |
| Fixed asset turnover | 3.79 | 5.72 | 0.10 | 0.36 |
| Equity turnover | -14.46 | 3.88 | 0.35 | 1.14 |
| Profitability ratios | ||||
| EBITDA margin | -27% | -4% | 4% | 5% |
| Operating profit margin | -29% | -5% | 2% | 4% |
| Net profit margin | -28% | -7% | 4% | 3% |
| 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 |
About the company
- Official nameUAB „Zarasų būstas“
- Legal formPrivate limited liability company (UAB)
- Company code187801768
- SectorApartment maintenance
- Line of businessApartment management
- Representing institutionZarasai district municipality
- Share belonging to the Municipal100%
- Contacts https://zarasubustas.lt/
ROE
3.6%
Number of employees
88
Financial data provided as at end-December 2024
Management
- Vidas SelickasChief Executive Officer
Information as of: 2025/06/01
