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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

2018 2019 2020 2021
Revenue 29,815 25,037 28,738 30,918
Cost of goods sold 17,061 21,811 26,754 27,740
Gross profit (loss) 12,754 3,226 1,985 3,177
Gross profit margin 43% 13% 7% 10%
Operating expenses 8,358 2,931 2,694 2,741
Operating profit (loss) 4,396 295 -710 436
Operating profit margin 15% 1% -2% 1%
EBITDA 7,403 3,577 2,457 3,107
EBITDA margin 25% 14% 9% 10%
Net profit (loss) 3,582 409 -416 352
Net profit margin 12% 2% -1% 1%
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

2018 2019 2020 2021
Non-current assets 30,791 29,101 26,797 24,691
Intangible assets 21 7 1 11
Tangible assets 30,119 28,483 26,102 24,029
Financial assets 5 4
Other non-current assets 651 611 689 647
Biological assets
Current assets 12,198 8,279 12,924 10,243
Inventories and prepaid expenses 1,632 1,436 4,146 1,805
Accounts receivable in one year 7,511 5,390 7,101 8,427
Other current assets
Cash and cash equivalents 3,055 1,453 1,677 11
Total assets 42,989 37,380 39,758 35,680
Equity 30,488 30,898 30,481 30,833
Minority share of capital
Grants and subsidies
Liabilities 12,501 6,136 9,277 4,666
Financial liabilities 2,242 793 423
Long-term liabilities 4 700 729 333
Short-term liabilities 11,962 4,949 8,123 3,948
Equity and liabilities 42,989 37,380 39,758 35,680
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

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 17% 1% -1% 1%
Return on equity (ROE) 23% 1% -1% 1%
Return on capital employed (ROCE) 28% 4% -3% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.03 0.01
Current Ratio 1.02 1.67 1.59 2.59
Quick ratio 0.88 1.38 1.08 2.14
Turnover ratios
Asset turnover 1.39 0.62 0.75 0.82
Fixed asset turnover 1.94 0.84 1.03 1.20
Equity turnover 1.96 0.82 0.94 1.01
Profitability ratios
EBITDA margin 25% 14% 9% 10%
Operating profit margin 15% 1% -2% 1%
Net profit margin 12% 2% -1% 1%
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

1.1%

Number of employees

340

Financial data provided as at end-December 2021

Management

  • Justas VyžintasChief Executive Officer

Information as of: 2023/05/01