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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Financial results

P/L Statment

2018 2019
Revenue 15,785 17,163
Cost of goods sold 10,608 11,300
Gross profit (loss) 5,177 5,863
Gross profit margin 33% 34%
Operating expenses 4,598 4,912
Operating profit (loss) 579 951
Operating profit margin 4% 6%
EBITDA 5,682 6,465
EBITDA margin 36% 38%
Net profit (loss) 467 777
Net profit margin 3% 5%
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

2017 2018 2019
Non-current assets 7,951 9,471
Intangible assets 1,103 1,688
Tangible assets 6,609 7,579
Financial assets 22 22
Other non-current assets 217 183
Biological assets
Current assets 5,294 5,186
Inventories and prepaid expenses 485 541
Accounts receivable in one year 3,460 4,060
Other current assets 193 164
Cash and cash equivalents 1,156 421
Total assets 12,306 13,244 14,657
Equity 6,792 7,111 8,081
Minority share of capital
Grants and subsidies
Liabilities 6,134 6,576
Financial liabilities 2,522 1,902
Long-term liabilities 96 893
Short-term liabilities 5,976 5,543
Equity and liabilities 13,244 14,657
Non-current assets
Intangible assets
Tangible assets
Financial assets
Other non-current assets
Biological assets
Current assets
Inventories and prepaid expenses
Accounts receivable in one year
Other current assets
Cash and cash equivalents
Total assets
Equity
Minority share of capital
Grants and subsidies
Liabilities
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities

Financial ratios

2018 2019
Capital return ratios
Return on assets (ROA) 4% 6%
Return on equity (ROE) 7% 10%
Return on capital employed (ROCE) 16% 21%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.35 0.24
Current Ratio 0.89 0.94
Quick ratio 0.80 0.84
Turnover ratios
Asset turnover 1.24 1.23
Fixed asset turnover 3.97 1.97
Equity turnover 2.27 2.26
Profitability ratios
EBITDA margin 36% 38%
Operating profit margin 4% 6%
Net profit margin 3% 5%
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 Technologijų ir inovacijų centras
  • Legal formPrivate limited liability company (UAB)
  • Company code303200016
  • SectorEnergy
  • Line of businessProvides IT and telecommunications services to companies in the electricity sector
  • Accountability„Ignitis grupė“ group of companies
  • Share indirectly belonging to the State0%
https://www.etic.lt/
ROE

10.2%

Number of employees

185

Financial data provided as at end-December 2019