GVT LT
“GVT LT” is a private limited company established by “GRUNTO VALYMO TECHNOLOGIJOS” public institution and continuing its activities. The company’s goals are to carry out long-term, reliable, rational and efficient economic and commercial activities and their development, to satisfy public interests by restoring natural resources, creating and improving environmental cleaning technologies and tools, spreading ecological knowledge, carrying out ecological public education, including the preparation and publishing of ecological literature.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 165 | 1,125 | ||
| Cost of goods sold | 72 | 746 | ||
| Gross profit (loss) | 0 | 0 | 93 | 379 |
| Gross profit margin | % | % | 56% | 34% |
| Operating expenses | 18 | 258 | ||
| Operating profit (loss) | 0 | 0 | 75 | 122 |
| Operating profit margin | % | % | 45% | 11% |
| EBITDA | 0 | 0 | 104 | 237 |
| EBITDA margin | % | % | 63% | 21% |
| Net profit (loss) | 0 | 0 | 61 | 120 |
| Net profit margin | % | % | 37% | 11% |
| 2022-06 | |
|---|---|
| Revenue | 386 |
| Cost of goods sold | 329 |
| Gross profit (loss) | 57 |
| Gross profit margin | % |
| Operating expenses | 103 |
| Operating profit (loss) | -46 |
| Operating profit margin | % |
| EBITDA | 11 |
| EBITDA margin | 3% |
| Net profit (loss) | -48 |
| Net profit margin | -12% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 0 | 0 | 1,354 | 1,422 |
| Intangible assets | 3 | 8 | ||
| Tangible assets | 1,350 | 1,415 | ||
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 0 | 0 | 2,316 | 2,816 |
| Inventories and prepaid expenses | 15 | 28 | ||
| Accounts receivable in one year | 641 | 730 | ||
| Other current assets | 300 | |||
| Cash and cash equivalents | 1,659 | 1,758 | ||
| Total assets | 0 | 0 | 3,678 | 4,256 |
| Equity | 0 | 0 | 1,961 | 2,185 |
| Grants and subsidies | ||||
| Liabilities | 0 | 0 | 58 | 294 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 58 | 294 | ||
| Equity and liabilities | 0 | 0 | 3,678 | 4,256 |
| 2022-06 | |
|---|---|
| Non-current assets | 1,304 |
| Intangible assets | 10 |
| Tangible assets | 1,294 |
| Financial assets | |
| Other non-current assets | |
| Current assets | 2,547 |
| Inventories and prepaid expenses | 17 |
| Accounts receivable in one year | 785 |
| Other current assets | |
| Cash and cash equivalents | 1,746 |
| Total assets | 3,856 |
| Equity | 2,063 |
| Grants and subsidies | |
| Liabilities | 129 |
| Financial liabilities | |
| Long-term liabilities | |
| Short-term liabilities | 129 |
| Equity and liabilities | 3,856 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | % | % | 3% | 3% |
| Return on equity (ROE) | % | % | 6% | 6% |
| Return on capital employed (ROCE) | % | % | 4% | 6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | ||
| Current Ratio | 39.86 | 9.58 | ||
| Quick ratio | 39.60 | 9.49 | ||
| Turnover ratios | ||||
| Asset turnover | 0.04 | 0.26 | ||
| Fixed asset turnover | 0.12 | 0.79 | ||
| Equity turnover | 0.08 | 0.51 | ||
| Profitability ratios | ||||
| EBITDA margin | % | % | 63% | 21% |
| Operating profit margin | % | % | 45% | 11% |
| Net profit margin | % | % | 37% | 11% |
| Other ratios | ||||
| Dividends to the State | 0.00 | 0.00 | 0.00 | 92.50 |
| Dividends paid / net profit | 0.00 | 0.77 |
| 2022-06 | |
|---|---|
| Capital return ratios | |
| Return on assets (ROA) | -2% |
| Return on equity (ROE) | -5% |
| Return on capital employed (ROCE) | -3% |
| Capital structure and liquidity ratios | |
| Debt / asset ratio (D/A) | |
| Current Ratio | 19.82 |
| Quick ratio | 19.69 |
| Turnover ratios | |
| Asset turnover | 0.20 |
| Fixed asset turnover | 0.59 |
| Equity turnover | 0.37 |
| Profitability ratios | |
| EBITDA margin | 3% |
| Operating profit margin | % |
| Net profit margin | -12% |
| Other ratios | |
| Dividends to the State | |
| Dividends paid / net profit |
Financial statments
About the company
- Official nameUAB "GVT LT"
- Legal formPrivate limited liability company (UAB)
- Company code305894308
- SectorOther
- Line of businessRemediation of soil, sludge and water, contaminated with petroleum and its products
- Institution representing the StateMinistry of Environment
- Share belonging to the State100%
Return to the State
92 EUR thousand
ROE
5.8%
Number of employees
25
Financial data provided as at end-December 2022
Management
- Spartakas Petrovas Chief Executive Officer
Information as of: 2023/09/01
