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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Since 1948, UAB Geležinkelio tiesimo centras has been carrying out all types of railway track repairs and new track construction. It is a company with vast experience and a large number of qualified employees. Over the years, its employees have repaired hundreds of kilometres of railway track from Daugavpils to Kaliningrad. Date of registration – 21 December 2001.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 25,037 28,738 30,918 19,909
Cost of goods sold 21,811 26,754 27,740 21,777
Gross profit (loss) 3,226 1,985 3,177 -1,868
Gross profit margin 13% 7% 10% -9%
Operating expenses 2,931 2,694 2,741 2,725
Operating profit (loss) 295 -710 436 -4,593
Operating profit margin 1% -2% 1% -23%
EBITDA 3,577 2,457 3,107 -1,928
EBITDA margin 14% 9% 10% -10%
Net profit (loss) 409 -416 352 -4,687
Net profit margin 2% -1% 1% -24%
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 2022
Non-current assets 29,101 26,797 24,691 22,688
Intangible assets 7 1 11 7
Tangible assets 28,483 26,102 24,029 22,283
Financial assets 5 4
Other non-current assets 611 689 647 398
Biological assets
Current assets 8,279 12,924 10,243 7,540
Inventories and prepaid expenses 1,436 4,146 1,805 2,050
Accounts receivable in one year 5,390 7,101 8,427 5,429
Other current assets
Cash and cash equivalents 1,453 1,677 11 62
Total assets 37,380 39,758 35,680 31,104
Equity 30,898 30,481 30,833 25,932
Minority share of capital
Grants and subsidies
Liabilities 6,136 9,277 4,666 4,492
Financial liabilities 2,242 793 423 1,613
Long-term liabilities 700 729 333 211
Short-term liabilities 4,949 8,123 3,948 3,921
Equity and liabilities 37,380 39,758 35,680 31,104
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 2022
Capital return ratios
Return on assets (ROA) 1% -1% 1% -14%
Return on equity (ROE) 1% -1% 1% -17%
Return on capital employed (ROCE) 4% -3% 4% -31%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.03 0.01 0.06
Current Ratio 1.67 1.59 2.59 1.92
Quick ratio 1.38 1.08 2.14 1.40
Turnover ratios
Asset turnover 1.34 0.75 0.82 0.60
Fixed asset turnover 1.72 1.03 1.20 0.84
Equity turnover 1.62 0.94 1.01 0.70
Profitability ratios
EBITDA margin 14% 9% 10% -10%
Operating profit margin 1% -2% 1% -23%
Net profit margin 2% -1% 1% -24%
Other ratios
Dividends to the State
Dividends paid / net profit
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 „Geležinkelio tiesimo centras“
  • Legal formPrivate limited liability company (UAB)
  • Company code181628163
  • SectorTransport and Communications
  • Line of businessRailroad repairs and construction of new roads
  • Accountability„Lietuvos geležinkeliai“ group of companies
  • Share indirectly belonging to the State100%
https://gtc.lt/
ROE

-16.5%

Number of employees

291

Financial data provided as at end-December 2022

Management

  • Darius SiliusChief Executive Officer

Information as of: 2024/05/02