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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Financial results

P/L Statment

2018 2019 2020
Revenue 208,754 433,412 506,340
Cost of goods sold 212,153 407,174 408,684
Gross profit (loss) -3,399 26,238 97,656
Gross profit margin -2% 6% 19%
Operating expenses 7,537 30,025 48,514
Operating profit (loss) -10,936 -3,787 49,142
Operating profit margin -5% -1% 10%
EBITDA -10,110 1,525 67,613
EBITDA margin -5% 0% 13%
Net profit (loss) -5,921 -5,334 42,073
Net profit margin -3% -1% 8%
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

2018 2019 2020
Non-current assets 29,897 59,952 50,981
Intangible assets 23,832 35,905 18,922
Tangible assets 2,446 2,782
Financial assets 82 14,677 11,851
Other non-current assets 5,983 6,924 17,426
Biological assets
Current assets 100,325 171,458 168,405
Inventories and prepaid expenses 31,263 43,372 28,577
Accounts receivable in one year 57,212 104,677 116,537
Other current assets 412
Cash and cash equivalents 11,438 23,409 23,291
Total assets 136,030 232,337 224,449
Equity 47,027 40,354 82,427
Minority share of capital
Grants and subsidies
Liabilities 119,573 185,487 117,533
Financial liabilities 22,451 110,314 48,810
Long-term liabilities 31,077 39,594
Short-term liabilities 119,569 154,317 77,786
Equity and liabilities 130,222 232,337 224,449
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 2018 2019 2020
Capital return ratios
Return on assets (ROA) -0% -9% -3% 18%
Return on equity (ROE) -1% -25% -12% 69%
Return on capital employed (ROCE) -0% -133% -10% 67%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 1.80 0.48 2.73 0.59
Current Ratio 0.82 0.84 1.11 2.16
Quick ratio 0.80 0.58 0.83 1.80
Turnover ratios
Asset turnover 0.28 3.07 2.35 2.22
Fixed asset turnover 0.34 13.96 9.65 9.13
Equity turnover 0.95 8.88 9.92 8.25
Profitability ratios
EBITDA margin 18% -5% 0% 13%
Operating profit margin -0% -5% -1% 10%
Net profit margin -1% -3% -1% 8%
Other ratios
Dividends to the State 682.19
Dividends paid / net profit -0.24
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

%

Financial data provided as at end-December 2020