Gamybos optimizavimas
When the state-owned Lietuvos Energija companies group approved the separation of the optimization activities of the power plants of the group company Energijos Tiekimas, a new company “Gamybos optimizavimas” was established. UAB “Gamybos optimizavimas” started its activity on January 1, 2019. Lietuvos Energija owns 100 percent of the new group company shares.
Financial results
P/L Statment
| 2019 | 2020 | |
|---|---|---|
| Revenue | 533 | 593 |
| Cost of goods sold | ||
| Gross profit (loss) | 533 | 593 |
| Gross profit margin | 100% | 100% |
| Operating expenses | 455 | 585 |
| Operating profit (loss) | 78 | 8 |
| Operating profit margin | 15% | 1% |
| EBITDA | 89 | 24 |
| EBITDA margin | 17% | 4% |
| Net profit (loss) | 67 | -13 |
| Net profit margin | 13% | -2% |
| 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 | 64 | 76 |
| Intangible assets | ||
| Tangible assets | ||
| Financial assets | ||
| Other non-current assets | 64 | 76 |
| Biological assets | ||
| Current assets | 517 | 494 |
| Inventories and prepaid expenses | ||
| Accounts receivable in one year | 146 | 185 |
| Other current assets | 371 | 309 |
| Cash and cash equivalents | ||
| Total assets | 581 | 570 |
| Equity | 413 | 400 |
| Minority share of capital | ||
| Grants and subsidies | ||
| Liabilities | 168 | 170 |
| Financial liabilities | 53 | 39 |
| Long-term liabilities | 37 | 22 |
| Short-term liabilities | 131 | 148 |
| Equity and liabilities | 581 | 570 |
| 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) | 14% | 23% | -2% |
| Return on equity (ROE) | 15% | 32% | -3% |
| Return on capital employed (ROCE) | 34% | 35% | 4% |
| Capital structure and liquidity ratios | |||
| Debt / asset ratio (D/A) | 0.13 | 0.10 | |
| Current Ratio | 9.46 | 3.95 | 3.34 |
| Quick ratio | 4.37 | 3.95 | 3.34 |
| Turnover ratios | |||
| Asset turnover | 0.85 | 1.83 | 1.03 |
| Fixed asset turnover | 1.72 | 16.66 | 8.47 |
| Equity turnover | 0.92 | 2.58 | 1.46 |
| Profitability ratios | |||
| EBITDA margin | 25% | 17% | 4% |
| Operating profit margin | 19% | 15% | 1% |
| Net profit margin | 16% | 13% | -2% |
| Other ratios | |||
| Dividends to the State | 517.13 | ||
| Dividends paid / net profit | 0.55 |
| 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 State0%
ROE
%
Financial data provided as at end-December 2020
