Ignitis grupės paslaugų centras
A limited liability company Ignitis grupės paslaugų centras is an internal service centre of the Ignitis Group. It brings together the repetitive and supporting services or activities, functions or parts thereof that the Group needs to compete quickly and efficiently (to gain an advantage), to save costs, to obtain synergies, to increase quality, control, transparency, and to have a centre of expertise and competence capable of serving a global organisation.
The general business units serving the functional units form what is known as the Service Centre Platform, which brings together all the functions operating in the Service Centre through common processes of service management, financial management and etc. The mission of the Service Centre Platform is to ensure the smooth functioning of the functions in the Service Centre. Date of establishment and registry: 4 December 2013.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 17,163 | 27,529 | 31,509 | 35,023 |
| Cost of goods sold | ||||
| Gross profit (loss) | 17,163 | 27,529 | 31,509 | 35,023 |
| Gross profit margin | 100% | 100% | 100% | 100% |
| Operating expenses | 16,212 | 26,464 | 30,362 | 33,605 |
| Operating profit (loss) | 951 | 1,065 | 1,147 | 1,418 |
| Operating profit margin | 6% | 4% | 4% | 4% |
| EBITDA | 4,263 | 5,177 | 6,079 | 6,434 |
| EBITDA margin | 25% | 19% | 19% | 18% |
| Net profit (loss) | 777 | 931 | 914 | 1,207 |
| Net profit margin | 5% | 3% | 3% | 3% |
| 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 | 9,471 | 12,123 | 16,371 | 20,377 |
| Intangible assets | 1,687 | 4,265 | 8,604 | 12,293 |
| Tangible assets | 7,579 | 5,701 | 6,958 | 7,425 |
| Financial assets | 22 | |||
| Other non-current assets | 183 | 2,157 | 809 | 659 |
| Biological assets | ||||
| Current assets | 4,552 | 8,353 | 9,119 | 8,558 |
| Inventories and prepaid expenses | 58 | 58 | 73 | 84 |
| Accounts receivable in one year | 4,073 | 7,353 | 7,582 | 8,421 |
| Other current assets | ||||
| Cash and cash equivalents | 421 | 942 | 1,464 | 53 |
| Total assets | 14,657 | 12,306 | 26,574 | 30,824 |
| Equity | 8,081 | 6,792 | 14,002 | 14,382 |
| Minority share of capital | ||||
| Grants and subsidies | ||||
| Liabilities | 5,163 | 7,784 | 12,423 | 16,311 |
| Financial liabilities | 3,088 | 963 | 3,701 | 7,508 |
| Long-term liabilities | 893 | 1,152 | 402 | 333 |
| Short-term liabilities | 4,131 | 6,493 | 11,849 | 15,785 |
| Equity and liabilities | 14,657 | 21,828 | 26,574 | 30,824 |
| 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) | 5% | 7% | 5% | 4% |
| Return on equity (ROE) | 10% | 13% | 9% | 9% |
| Return on capital employed (ROCE) | 18% | 37% | 16% | 20% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.38 | 0.14 | 0.26 | 0.52 |
| Current Ratio | 1.10 | 1.29 | 0.77 | 0.54 |
| Quick ratio | 1.09 | 1.28 | 0.76 | 0.54 |
| Turnover ratios | ||||
| Asset turnover | 2.34 | 2.04 | 1.62 | 1.22 |
| Fixed asset turnover | 3.62 | 2.55 | 2.21 | 1.91 |
| Equity turnover | 4.25 | 3.70 | 3.03 | 2.47 |
| Profitability ratios | ||||
| EBITDA margin | 25% | 19% | 19% | 18% |
| Operating profit margin | 6% | 4% | 4% | 4% |
| Net profit margin | 5% | 3% | 3% | 3% |
| Other ratios | ||||
| Dividends to the State | 464.74 | |||
| Dividends paid / net profit | 0.39 |
| 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 „Ignitis grupės paslaugų 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 State100%
Return to the State
465 EUR thousand
ROE
8.5%
Number of employees
570
Financial data provided as at end-December 2022
Management
- Irma KaukienėChief Executive Officer
Information as of: 2024/04/02
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Živilė SkibarkienėAB Ignitis grupė; AB Energijos skirstymo operatorius
MEMBERS OF THE BOARD OF DIRECTORS
- Marius IvanauskasIndependent member; Zurich Insurance
- Milda ČeplinskienėAB Ignitis grupė
Information as of: 2024/04/02
