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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Gamybos optimizavimas is active in the planning, optimisation, forecasting, trading and brokering of production regimes for electricity and other energy sources. Date of establishment and register: 14 December 2018

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 593 656 660 998
Cost of goods sold 0 0 0 0
Gross profit (loss) 593 656 660 998
Gross profit margin 100% 100% 100% 100%
Operating expenses 0 0 0 0
Operating profit (loss) 8 89 48 142
Operating profit margin 1% 14% 7% 14%
EBITDA 24 102 50 142
EBITDA margin 4% 16% 8% 14%
Net profit (loss) -13 64 22 113
Net profit margin -2% 10% 3% 11%
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

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2020 2021 2022 2023
Non-current assets 76 31 16 17
Intangible assets 0 0 0 0
Tangible assets 0 0 0 0
Financial assets 0 0 0 0
Other non-current assets 76 31 16 17
Current assets 491 588 572 732
Inventories and prepaid expenses 26 21 9 0
Accounts receivable in one year 150 111 172 133
Other current assets 6 9 0 0
Cash and cash equivalents 309 447 391 599
Total assets 570 624 593 753
Equity 400 464 435 530
Grants and subsidies 0 0 0 0
Liabilities 160 151 137 209
Financial liabilities 39 7 0 0
Long-term liabilities 22 4 0 0
Short-term liabilities 138 147 137 209
Equity and liabilities 570 624 593 753
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

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) -2% 11% 4% 17%
Return on equity (ROE) -3% 15% 5% 23%
Return on capital employed (ROCE) 2% 19% 11% 27%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.05 0.55 0.26 -2.65
Current Ratio 3.56 4.00 4.18 3.50
Quick ratio 3.37 3.86 4.11 3.50
Turnover ratios
Asset turnover 1.04 1.05 1.11 1.33
Fixed asset turnover 7.80 21.16 41.25 58.71
Equity turnover 1.48 1.41 1.52 1.88
Profitability ratios
EBITDA margin 4% 16% 8% 14%
Operating profit margin 1% 14% 7% 14%
Net profit margin -2% 10% 3% 11%
Other ratios
Dividends to the State 0.00 51.00 18.00 0.00
Dividends paid / net profit 0.00 0.80 0.82 0.00

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand
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 „Gamybos optimizavimas“
  • Legal formPrivate limited liability company (UAB)
  • Company code304972024
  • SectorEnergy
  • Line of businessRegulates power plant optimization
  • Accountability„Ignitis grupė“ group of companies
  • Share indirectly belonging to the State100%
  • Contacts https://ignitisgrupe.lt/lt/uab-gamybos-optimizavimas
ROE

23.4%

Number of employees

8

Financial data provided as at end-December 2023

Management

  • Tomas TumonisChief Executive Officer

Information as of: 2024/12/02

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