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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Financial results

P/L Statment

2019 2020
Revenue 10,076 13,900
Cost of goods sold
Gross profit (loss) 10,076 13,900
Gross profit margin 100% 100%
Operating expenses 7,561 12,166
Operating profit (loss) 2,515 1,734
Operating profit margin 25% 12%
EBITDA 7,495 8,913
EBITDA margin 74% 64%
Net profit (loss) 866 -133
Net profit margin 9% -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

2019 2020
Non-current assets 137,107 215,901
Intangible assets 42,208 40,187
Tangible assets 50,983 126,944
Financial assets 2,357
Other non-current assets 43,916 46,413
Biological assets
Current assets 26,614 28,968
Inventories and prepaid expenses 147 61
Accounts receivable in one year 6,582 17,473
Other current assets
Cash and cash equivalents 19,885 11,434
Total assets 163,721 245,132
Equity 45,642 43,315
Minority share of capital
Grants and subsidies
Liabilities 118,079 201,817
Financial liabilities 102,816 183,452
Long-term liabilities 49,312 128,306
Short-term liabilities 68,767 73,505
Equity and liabilities 163,721 245,132
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

2017 2019 2020
Capital return ratios
Return on assets (ROA) -3% 1% -0%
Return on equity (ROE) -5% 4% -0%
Return on capital employed (ROCE) -10% 5% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.45 2.25 4.24
Current Ratio 0.78 0.39 0.39
Quick ratio 0.73 0.38 0.39
Turnover ratios
Asset turnover 0.21 0.12 0.07
Fixed asset turnover 0.24 0.15 0.08
Equity turnover 0.34 0.44 0.31
Profitability ratios
EBITDA margin 4% 74% 64%
Operating profit margin -18% 25% 12%
Net profit margin -15% 9% -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 Lietuvos energija renewables
  • Legal formPrivate limited liability company (UAB)
  • Company code304988904
  • SectorEnergy
  • Line of businessManaging wind and solar power companies
  • Accountability„Ignitis grupė“ group of companies
  • Share indirectly belonging to the State0%
ROE

%

Financial data provided as at end-December 2020