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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

BALTPOOL is an operator of the Lithuanian Energy Exchange with the right to organize trade in biofuel products and heat auctions. UAB EPSO-G and AB Klaipėdos nafta are the main shareholders of the energy company BALTPOOL. The company was founded in 2009 implementing the electricity market development plan approved by the Government of the Republic of Lithuania.

 

Financial results

P/L Statment

2019 2020
Revenue 975 1,132
Cost of goods sold
Gross profit (loss) 975 1,132
Gross profit margin 100% 100%
Operating expenses 866 918
Operating profit (loss) 109 214
Operating profit margin 11% 19%
EBITDA 168 273
EBITDA margin 17% 24%
Net profit (loss) 93 182
Net profit margin 10% 16%
Revenue
Cost of goods sold
Gross profit (loss)
Gross profit margin
Operating expenses
Operating profit (loss)
Operating profit margin
EBITDA
EBITDA margin
Net profit (loss)
Net profit margin

Balance sheet

2019 2020
Non-current assets 211 177
Intangible assets 13 14
Tangible assets 41 38
Financial assets
Other non-current assets 157 125
Biological assets
Current assets 67,426 45,776
Inventories and prepaid expenses
Accounts receivable in one year 66,751 45,050
Other current assets
Cash and cash equivalents 676 726
Total assets 67,637 45,953
Equity 594 612
Minority share of capital
Grants and subsidies
Liabilities 67,043 45,342
Financial liabilities 151 18,650
Long-term liabilities 131 82
Short-term liabilities 66,912 45,260
Equity and liabilities 67,637 45,953
Non-current assets
Intangible assets
Tangible assets
Financial assets
Other non-current assets
Biological assets
Current assets
Inventories and prepaid expenses
Accounts receivable in one year
Other current assets
Cash and cash equivalents
Total assets
Equity
Minority share of capital
Grants and subsidies
Liabilities
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities

Financial ratios

2017 2019 2020
Capital return ratios
Return on assets (ROA) 4% 0% 0%
Return on equity (ROE) 7% 31% 30%
Return on capital employed (ROCE) 9% 30% 62%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.46 0.25 30.49
Current Ratio 1.36 1.01 1.01
Quick ratio 1.10 1.01 1.01
Turnover ratios
Asset turnover 0.45 0.03 0.02
Fixed asset turnover 0.54 9.25 5.84
Equity turnover 0.83 3.28 1.88
Profitability ratios
EBITDA margin 17% 17% 24%
Operating profit margin 9% 11% 19%
Net profit margin 8% 10% 16%
Other ratios
Dividends to the State 78,265.43
Dividends paid / net profit 0.84
Capital return ratios
Return on assets (ROA)
Return on equity (ROE)
Return on capital employed (ROCE)
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio
Quick ratio
Turnover ratios
Asset turnover
Fixed asset turnover
Equity turnover
Profitability ratios
EBITDA margin
Operating profit margin
Net profit margin
Other ratios
Dividends to the State
Dividends paid / net profit

About the company

  • Official nameUAB BALTPOOL
  • Legal formPrivate limited liability company (UAB)
  • Company code302464881
  • SectorEnergy
  • Line of businessOperator of the biofuel exchange and electronic timber sales system
  • Accountability„EPSO-G“ group of companies
  • Share indirectly belonging to the State0%
https://www.baltpool.eu/lt/
ROE

%

Financial data provided as at end-December 2020