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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

2019 2020 2021 2022
Revenue 533 593 656 660
Cost of goods sold
Gross profit (loss) 533 593 656 660
Gross profit margin 100% 100% 100% 100%
Operating expenses 455 585 567 612
Operating profit (loss) 78 8 89 48
Operating profit margin 15% 1% 14% 7%
EBITDA 89 24 102 67
EBITDA margin 17% 4% 16% 10%
Net profit (loss) 67 -13 64 39
Net profit margin 13% -2% 10% 6%
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

2019 2020 2021 2022
Non-current assets 64 76 31 16
Intangible assets
Tangible assets
Financial assets
Other non-current assets 64 76 31 16
Biological assets
Current assets 517 491 588 572
Inventories and prepaid expenses 26 21 9
Accounts receivable in one year 146 150 111 172
Other current assets 371 6 9
Cash and cash equivalents 309 447 391
Total assets 581 570 624 593
Equity 413 400 464 435
Minority share of capital
Grants and subsidies
Liabilities 168 160 151 137
Financial liabilities 53 39 7
Long-term liabilities 37 22 4
Short-term liabilities 131 138 147 137
Equity and liabilities 581 570 624 593
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

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 12% -2% 11% 6%
Return on equity (ROE) 16% -3% 15% 9%
Return on capital employed (ROCE) 35% 4% 37% 29%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.13 0.10 0.02
Current Ratio 3.95 3.56 4.00 4.18
Quick ratio 3.95 3.37 3.86 4.11
Turnover ratios
Asset turnover 1.83 1.03 1.10 1.08
Fixed asset turnover 16.66 8.47 12.26 28.09
Equity turnover 2.58 1.46 1.52 1.47
Profitability ratios
EBITDA margin 17% 4% 16% 10%
Operating profit margin 15% 1% 14% 7%
Net profit margin 13% -2% 10% 6%
Other ratios
Dividends to the State
Dividends paid / net profit

* 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%
https://ignitisgrupe.lt/lt/uab-gamybos-optimizavimas
ROE

8.7%

Number of employees

7

Financial data provided as at end-December 2022

Management

  • Tomas TumonisChief Executive Officer

Information as of: 9/1/2023