Klaipėdos valstybinio jūrų uosto direkcija
Klaipėdos valstybinio jūrų uosto direkcija is a state-owned enterprise established in 1991.The company provides public services in the operation of the Klaipėda State Seaport and in the management of state-owned objects located in the port, ensuring the functioning and competitiveness of the Klaipėda State Seaport in the Eastern Baltic Sea Region. The Company performs the functions provided for in the Law of the Republic of Lithuania on the Klaipėda State Seaport in order to increase the added value for the state and the revenue to the state budget, by properly operating and developing the port infrastructure and by carrying out other activities in order to meet the public interests.
Financial results
P/L Statment
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Revenue | 59,795 | 63,736 | 63,944 | 66,083 |
| Cost of goods sold | ||||
| Gross profit (loss) | 59,795 | 63,736 | 63,944 | 66,083 |
| Gross profit margin | 100% | 100% | 100% | 100% |
| Operating expenses | 27,934 | 29,173 | 30,290 | 30,774 |
| Operating profit (loss) | 31,861 | 34,563 | 33,654 | 35,309 |
| Operating profit margin | 53% | 54% | 53% | 53% |
| EBITDA | 46,601 | 48,477 | 47,763 | 50,453 |
| EBITDA margin | 78% | 76% | 75% | 76% |
| Net profit (loss) | 38,442 | 34,128 | 36,290 | 36,072 |
| Net profit margin | 64% | 54% | 57% | 55% |
| 2018-06 | 2019-06 | 2020-06 | 2021-06 | |
|---|---|---|---|---|
| Revenue | 30,350 | 31,654 | 31,168 | 33,167 |
| Cost of goods sold | ||||
| Gross profit (loss) | 30,350 | 31,654 | 31,168 | 33,167 |
| Gross profit margin | % | % | 100% | 100% |
| Operating expenses | 13,370 | 15,707 | 14,669 | 14,304 |
| Operating profit (loss) | 16,980 | 15,947 | 16,499 | 18,863 |
| Operating profit margin | % | % | 50% | 57% |
| EBITDA | 22,883 | 26,564 | ||
| EBITDA margin | % | % | 72% | 80% |
| Net profit (loss) | 14,398 | 17,637 | 16,646 | 18,400 |
| Net profit margin | % | % | 56% | 55% |
Balance sheet
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Non-current assets | 508,683 | 532,206 | 594,169 | 627,041 |
| Intangible assets | 1,755 | 1,716 | 1,697 | 1,545 |
| Tangible assets | 500,289 | 519,644 | 583,864 | 616,061 |
| Financial assets | 4,717 | |||
| Other non-current assets | 6,639 | 6,129 | 8,608 | 9,435 |
| Current assets | 73,845 | 59,711 | 19,853 | 16,875 |
| Inventories and prepaid expenses | 419 | 465 | 518 | 472 |
| Accounts receivable in one year | 4,892 | 4,837 | 3,842 | 3,693 |
| Other current assets | 14,045 | |||
| Cash and cash equivalents | 54,489 | 54,405 | 15,493 | 12,707 |
| Total assets | 582,528 | 591,917 | 614,022 | 643,916 |
| Equity | 518,614 | 530,604 | 539,748 | 548,101 |
| Grants and subsidies | 50,921 | 56,423 | 67,312 | 76,810 |
| Liabilities | 12,993 | 4,890 | 6,962 | 19,005 |
| Financial liabilities | 7,692 | 62 | 12,018 | |
| Long-term liabilities | 7,107 | 206 | 410 | 12,741 |
| Short-term liabilities | 5,886 | 4,684 | 6,552 | 6,264 |
| Equity and liabilities | 582,528 | 591,917 | 614,022 | 643,916 |
| 2019-06 | 2020-06 | 2021-06 | |
|---|---|---|---|
| Non-current assets | 571,217 | 607,518 | 633,787 |
| Intangible assets | 1,731 | 1,719 | 1,301 |
| Tangible assets | 558,118 | 597,116 | 621,602 |
| Financial assets | 10,017 | ||
| Other non-current assets | 1,351 | 8,683 | 10,884 |
| Current assets | 21,535 | 11,116 | 12,402 |
| Inventories and prepaid expenses | 588 | 388 | 319 |
| Accounts receivable in one year | 12,249 | 4,321 | 4,929 |
| Other current assets | |||
| Cash and cash equivalents | 8,698 | 6,407 | 7,154 |
| Total assets | 592,754 | 618,634 | 646,189 |
| Equity | 514,670 | 528,394 | 541,211 |
| Grants and subsidies | 62,762 | 71,265 | 76,393 |
| Liabilities | 15,322 | 18,975 | 28,585 |
| Financial liabilities | 11,968 | 16,393 | |
| Long-term liabilities | 299 | 12,460 | 17,361 |
| Short-term liabilities | 549 | ||
| Equity and liabilities | 592,754 | 618,634 | 646,189 |
Financial ratios
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 7% | 6% | 6% | 6% |
| Return on equity (ROE) | 8% | 7% | 7% | 7% |
| Return on capital employed (ROCE) | 11% | 12% | 11% | 11% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.01 | 0.00 | 0.02 | |
| Current Ratio | 12.55 | 12.75 | 3.03 | 2.69 |
| Quick ratio | 12.47 | 12.65 | 2.95 | 2.62 |
| Turnover ratios | ||||
| Asset turnover | 0.11 | 0.11 | 0.11 | 0.11 |
| Fixed asset turnover | 0.12 | 0.12 | 0.11 | 0.11 |
| Equity turnover | 0.12 | 0.12 | 0.12 | 0.12 |
| Profitability ratios | ||||
| EBITDA margin | 78% | 76% | 75% | 76% |
| Operating profit margin | 53% | 54% | 53% | 53% |
| Net profit margin | 64% | 54% | 57% | 55% |
| Other ratios | ||||
| Dividends to the State | 22,331.60 | 28,000.00 | 28,000.00 | 25,290.40 |
| Dividends paid / net profit | 0.58 | 0.82 | 0.77 | 0.70 |
| 2018-06 | 2019-06 | 2020-06 | 2021-06 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 7% | % | % | 6% |
| Return on equity (ROE) | 8% | % | % | 7% |
| Return on capital employed (ROCE) | 11% | -2% | 5% | 6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.01 | 0.02 | 0.03 | |
| Current Ratio | 12.55 | 22.59 | ||
| Quick ratio | 12.47 | 22.01 | ||
| Turnover ratios | ||||
| Asset turnover | 0.11 | 0.11 | 0.05 | 0.05 |
| Fixed asset turnover | 0.12 | 0.11 | 0.05 | 0.05 |
| Equity turnover | 0.12 | 0.12 | 0.06 | 0.06 |
| Profitability ratios | ||||
| EBITDA margin | 78% | % | 72% | 80% |
| Operating profit margin | 53% | % | 50% | 57% |
| Net profit margin | 64% | % | 56% | 55% |
| Other ratios | ||||
| Dividends to the State | 22,331.60 | |||
| Dividends paid / net profit | 0.58 |
Financial statments
2015 m. metinės ataskaitos
2015 m. 12 mėn. tarpinės ataskaitos
2015 m. 9 mėn. tarpinės ataskaitos
2015 m. 6 mėn. tarpinės ataskaitos
2015 m. 3 mėn. tarpinės ataskaitos
2014 m. metinės ataskaitos
2014 m. 12 mėn. tarpinės ataskaitos
2014 m. 9 mėn. tarpinės ataskaitos
2014 m. 6 mėn. tarpinės ataskaitos
2014 m. 3 mėn. tarpinės ataskaitos
Expectations of the state
Target return on equity
6.0%
About the company
- Official nameVĮ Klaipėdos valstybinio jūrų uosto direkcija
- Legal formState enterprise (VĮ)
- Company code240329870
- SectorTransport and Communications
- Line of businessAdministration of seaport
- Institution representing the StateMinistry of Transport and Communications
- Special obligationsPerformes non-commercial special obligations
- Share belonging to the State100%
Return to the State
25.8 EUR milion
ROE
6.7%
Number of employees
243
Financial data provided as at end-December 2020
Management
- Algis LatakasDirector General
Information as of: 2022/05/01
