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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

The Electronic Payments Agency handles the collection of payments for household services such as electricity, gas, water, heating, home maintenance, communications, waste collection and security via the e.ignitis.lt website. Date of establishment and register: 30 September 2003.

Financial results

P/L Statment

2019 2020 2021
Revenue 685 757 885
Cost of goods sold
Gross profit (loss) 685 757 885
Gross profit margin 100% 100% 100%
Operating expenses 540 669 614
Operating profit (loss) 145 88 271
Operating profit margin 21% 12% 31%
EBITDA 258 212 364
EBITDA margin 38% 28% 41%
Net profit (loss) 124 74 231
Net profit margin 18% 10% 26%
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 2021
Non-current assets 316 224 187
Intangible assets 271 212 176
Tangible assets 27 3 5
Financial assets
Other non-current assets 18 9 6
Biological assets
Current assets 758 905 1,199
Inventories and prepaid expenses
Accounts receivable in one year 123 77 82
Other current assets
Cash and cash equivalents 635 828 1,117
Total assets 1,076 1,130 1,387
Equity 958 1,031 1,262
Minority share of capital
Grants and subsidies
Liabilities 77 41 87
Financial liabilities 26 3 5
Long-term liabilities 13 2
Short-term liabilities 64 41 85
Equity and liabilities 1,076 1,130 1,387
Non-current assets
Intangible assets
Tangible assets
Financial assets
Other non-current assets
Current assets
Inventories and prepaid expenses
Accounts receivable in one year
Other current assets
Cash and cash equivalents
Total assets
Equity
Grants and subsidies
Liabilities
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities

Financial ratios

2019 2020 2021
Capital return ratios
Return on assets (ROA) 23% 7% 18%
Return on equity (ROE) 26% 7% 20%
Return on capital employed (ROCE) 29% 16% 42%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.00 0.00
Current Ratio 11.84 22.07 14.11
Quick ratio 11.84 22.07 14.11
Turnover ratios
Asset turnover 1.27 0.69 0.70
Fixed asset turnover 4.34 2.80 4.31
Equity turnover 1.43 0.76 0.77
Profitability ratios
EBITDA margin 38% 28% 41%
Operating profit margin 21% 12% 31%
Net profit margin 18% 10% 26%
Other ratios
Dividends to the State 185.00
Dividends paid / net profit 0.80
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 Elektroninių mokėjimų agentūra
  • Legal formPrivate limited liability company (UAB)
  • Company code136031358
  • SectorEnergy
  • Line of businessCollection and administration of contributions
  • Accountability„Ignitis grupė“ group of companies
  • Share indirectly belonging to the State100%
https://e.ignitis.lt/
Return to the State

185 EUR thousand

ROE

20.1%

Number of employees

5

Financial data provided as at end-December 2021

Management

  • Gabrielė LubytėDirector General

Information as of: 2023/03/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • -

MEMBERS OF THE BOARD OF DIRECTORS

  • Paulius TarbūnasIndependent member
  • Andrius KavaliauskasUAB Ignitis

Information as of: 2023/03/01