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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Financial results

P/L Statment

2018 2019
Revenue 208,754 437,360
Cost of goods sold 212,153 416,044
Gross profit (loss) -3,399 21,316
Gross profit margin -2% 5%
Operating expenses 7,537 25,103
Operating profit (loss) -10,936 -3,787
Operating profit margin -5% -1%
EBITDA -10,110 1,525
EBITDA margin -5% 0%
Net profit (loss) -5,921 -5,335
Net profit margin -3% -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

2017 2018 2019
Non-current assets 29,897 59,952
Intangible assets 23,832 35,905
Tangible assets 2,931
Financial assets 82 14,677
Other non-current assets 5,983 6,439
Biological assets
Current assets 100,325 172,385
Inventories and prepaid expenses 31,263 75,884
Accounts receivable in one year 57,212 67,823
Other current assets 412 5,269
Cash and cash equivalents 11,438 23,409
Total assets 136,030 130,222 232,337
Equity 47,027 10,649 40,354
Minority share of capital
Grants and subsidies
Liabilities 119,573 191,983
Financial liabilities 22,451 110,314
Long-term liabilities 31,077
Short-term liabilities 119,569 160,792
Equity and liabilities 130,222 232,337
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% -3%
Return on equity (ROE) -21% -21%
Return on capital employed (ROCE) -205% -11%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 2.11 2.73
Current Ratio 0.84 1.07
Quick ratio 0.58 0.60
Turnover ratios
Asset turnover 1.57 2.41
Fixed asset turnover 13.96 9.74
Equity turnover 7.24 17.15
Profitability ratios
EBITDA margin -5% 0%
Operating profit margin -5% -1%
Net profit margin -3% -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 energijos tiekimas"
  • Legal formPrivate limited liability company (UAB)
  • Company code303383884
  • SectorEnergy
  • Line of businessNatural gas import, electricity and natural gas sales to customers
  • Accountability„Ignitis grupė“ group of companies
  • Share indirectly belonging to the State0%
https://letiekimas.lt/
ROE

-20.9%

Number of employees

104

Financial data provided as at end-December 2019