Kelių priežiūra

VĮ “Kelių priežiūra” was established in 2017 by reorganizing and merging 11 regional road maintenance companies . VĮ „Kelių priežiūra“ is responsible for the maintenance, operation and repair of roads of national significance and their structures. The company also designs and builds roads, streets, yards, manufactures and sells sand, gravel, asphalt concrete, leases road construction machinery and special purpose road transport.
Financial results
P/L Statment
2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Revenue | 81,639 | 80,055 | 78,147 | 84,293 |
Cost of goods sold | 72,913 | 70,058 | 69,758 | 77,263 |
Gross profit (loss) | 8,726 | 9,997 | 8,389 | 7,031 |
Gross profit margin | 11% | 12% | 11% | 8% |
Operating expenses | 7,798 | 8,136 | 9,456 | 6,886 |
Operating profit (loss) | 928 | 1,861 | -1,067 | 145 |
Operating profit margin | 1% | 2% | -1% | 0% |
EBITDA | 11,589 | 13,451 | 7,889 | 10,325 |
EBITDA margin | 14% | 17% | 10% | 12% |
Net profit (loss) | 1,338 | 2,279 | -1,164 | 353 |
Net profit margin | 2% | 3% | -1% | 0% |
2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
---|---|---|---|---|
Revenue | 38,090 | 37,662 | 39,599 | 38,622 |
Cost of goods sold | 34,137 | 32,595 | 36,707 | 32,444 |
Gross profit (loss) | 3,953 | 5,067 | 2,892 | 6,178 |
Gross profit margin | 10% | 13% | 7% | 16% |
Operating expenses | 3,671 | 4,170 | 3,449 | 3,486 |
Operating profit (loss) | 282 | 897 | -557 | 2,691 |
Operating profit margin | 1% | 2% | -1% | 7% |
EBITDA | 5,583 | 6,016 | 5,163 | 7,775 |
EBITDA margin | 15% | 16% | 13% | 20% |
Net profit (loss) | 94 | 214 | -590 | 2,218 |
Net profit margin | 1% | 3% | 2% | 6% |
Balance sheet
2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Non-current assets | 99,678 | 99,275 | 85,812 | 85,991 |
Intangible assets | 100 | 145 | 101 | 183 |
Tangible assets | 99,578 | 98,699 | 85,261 | 83,725 |
Financial assets | 30 | |||
Other non-current assets | 430 | 451 | 2,053 | |
Biological assets | ||||
Current assets | 28,635 | 36,133 | 37,626 | 43,025 |
Inventories and prepaid expenses | 5,632 | 4,913 | 5,106 | 7,953 |
Accounts receivable in one year | 4,480 | 3,521 | 3,664 | 3,212 |
Other current assets | 992 | 680 | 346 | 631 |
Cash and cash equivalents | 17,531 | 27,018 | 28,511 | 31,231 |
Total assets | 128,746 | 135,408 | 123,439 | 129,016 |
Equity | 120,580 | 124,805 | 110,949 | 111,299 |
Minority share of capital | ||||
Grants and subsidies | ||||
Liabilities | 8,162 | 10,575 | 12,490 | 17,718 |
Financial liabilities | 1,683 | |||
Long-term liabilities | 971 | 768 | 2,177 | |
Short-term liabilities | 8,153 | 7,513 | 9,593 | 13,389 |
Equity and liabilities | 128,745 | 135,408 | 123,439 | 129,016 |
2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
---|---|---|---|---|
Non-current assets | 146,783 | 88,410 | 90,277 | 86,571 |
Intangible assets | 93 | 64 | 143 | 157 |
Tangible assets | 145,324 | 88,346 | 88,770 | 84,306 |
Financial assets | 342 | 30 | ||
Other non-current assets | 1,365 | 1,022 | 2,078 | |
Biological assets | ||||
Current assets | 33,748 | 40,177 | 39,369 | 43,075 |
Inventories and prepaid expenses | 5,177 | 5,399 | 5,600 | 7,832 |
Accounts receivable in one year | 8,848 | 10,966 | 10,440 | 5,646 |
Other current assets | 1,300 | 683 | 504 | |
Cash and cash equivalents | 18,423 | 23,129 | 23,329 | 29,093 |
Total assets | 180,642 | 128,587 | 129,645 | 130,202 |
Equity | 171,665 | 117,841 | 117,461 | 113,517 |
Minority share of capital | ||||
Grants and subsidies | ||||
Liabilities | 8,976 | 10,746 | 12,185 | 16,620 |
Financial liabilities | 1,617 | |||
Long-term liabilities | 9 | 2,290 | 1,505 | |
Short-term liabilities | 8,967 | 10,746 | 9,894 | 11,737 |
Equity and liabilities | 180,641 | 128,587 | 129,645 | 130,202 |
Financial ratios
2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 2% | 3% | 1% | 0% |
Return on equity (ROE) | 2% | 3% | 1% | 0% |
Return on capital employed (ROCE) | 1% | 4% | -1% | 1% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.02 | |||
Current Ratio | 3.51 | 4.81 | 3.92 | 3.21 |
Quick ratio | 2.82 | 4.16 | 3.39 | 2.62 |
Turnover ratios | ||||
Asset turnover | 0.08 | 0.61 | 0.60 | 0.67 |
Fixed asset turnover | 0.11 | 0.80 | 0.84 | 0.98 |
Equity turnover | 0.09 | 0.65 | 0.66 | 0.76 |
Profitability ratios | ||||
EBITDA margin | 100% | 17% | 10% | 12% |
Operating profit margin | 2% | 2% | -1% | 0% |
Net profit margin | 3% | 3% | -1% | 0% |
Other ratios | ||||
Dividends to the State | 667.00 | 4,543.84 | ||
Dividends paid / net profit | 2.14 | 1.99 |
2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 3% | 3% | 1% | 2% |
Return on equity (ROE) | 3% | 3% | 1% | 3% |
Return on capital employed (ROCE) | 4% | 2% | 0% | 5% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.01 | |||
Current Ratio | 4.81 | 3.74 | 3.98 | 3.67 |
Quick ratio | 4.16 | 3.24 | 3.41 | 3.00 |
Turnover ratios | ||||
Asset turnover | 0.61 | 0.24 | 0.31 | 0.30 |
Fixed asset turnover | 0.80 | 0.32 | 0.44 | 0.44 |
Equity turnover | 0.65 | 0.26 | 0.34 | 0.33 |
Profitability ratios | ||||
EBITDA margin | 17% | 16% | 13% | 20% |
Operating profit margin | 2% | 2% | -1% | 7% |
Net profit margin | 3% | 3% | 2% | 6% |
Other ratios | ||||
Dividends to the State | 4,543.84 | |||
Dividends paid / net profit | 1.99 |
Expectations of the state
Target return on equity
7.6%
About the company
- Official nameAB „Kelių priežiūra“
- Legal formPublic limited liability company (AB)
- Company code232112130
- SectorTransport and Communications
- Line of businessRoad construction and maintenance
- Institution representing the StateMinistry of Transport and Communications
- Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
- Share belonging to the State100%
ROE
0.3%
Number of employees
2,380
Financial data provided as at end-December 2019
Management
- Rolandas RutėnasDirector General
Information as of: 2021/01/01
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Vygantas SliesoraitisUAB AL Holdingas; Independent member
MEMBERS OF THE BOARD OF DIRECTORS
- Egidijus VaišvilasUAB Executive advisors, UAB Baltic Clippers, Baltic Underwriting Agency; Independent member
- Audrius VaitkusRoad Research Institute of Vilnius Gediminas Technical University; Independent member
- Henryk SurovičMinistry of Transport and Communications
Information as of: 2021/01/01