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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

“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

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 margin 3%
Net profit (loss) -48
Net profit margin -12%

Balance sheet

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

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

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%


Financial data provided as at end-December 2021


  • Spartakas Petrovas Director General

Information as of: 2023/03/01