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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

UAB “Lietuvos kinas” was registered as a state enterprise in 1990. The company is involved in the production of cinematographic and video films in cinemas, film, videotape, car and premises rental, cinematographic and videotape subtitling, sound and restoration, film and videotape storage, etc.

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 310 306 293 267
Cost of goods sold 204 185 247 252
Gross profit (loss) 106 121 46 16
Gross profit margin 34% 40% 16% 6%
Operating expenses 81 83 66 94
Operating profit (loss) 25 38 -20 -78
Operating profit margin 8% 12% -7% -29%
EBITDA 282 54 -4 24
EBITDA margin 91% 18% -1% 9%
Net profit (loss) 256 32 -20 7
Net profit margin 83% 10% -7% 3%
2018-06 2019-06 2020-06 2021-06
Revenue 156 150 135 140
Cost of goods sold 100 119 126 142
Gross profit (loss) 56 31 9 -2
Gross profit margin % % 21% -1%
Operating expenses 22 16 23 37
Operating profit (loss) 34 16 -14 -39
Operating profit margin % % 11% -28%
EBITDA 23 -31
EBITDA margin % % 16% -22%
Net profit (loss) 35 16 -9 -39
Net profit margin % % 11% -28%

Balance sheet

2017 2018 2019 2020
Non-current assets 311 295 285 269
Intangible assets
Tangible assets 311 295 285 269
Financial assets
Other non-current assets
Current assets 708 752 742 767
Inventories and prepaid expenses 2 0 3 2
Accounts receivable in one year 32 35 47 32
Other current assets
Cash and cash equivalents 674 717 693 733
Total assets 1,019 1,048 1,027 1,037
Equity 969 1,001 981 988
Grants and subsidies
Liabilities 50 47 46 49
Financial liabilities
Long-term liabilities 14 15 12 14
Short-term liabilities 37 32 34 35
Equity and liabilities 1,019 1,048 1,027 1,037
2019-06 2020-06 2021-06
Non-current assets 288 276 261
Intangible assets
Tangible assets 288 276 261
Financial assets
Other non-current assets
Current assets 766 742 742
Inventories and prepaid expenses 2 1 1
Accounts receivable in one year 52 41 48
Other current assets
Cash and cash equivalents 713 700 693
Total assets 1,057 1,021 1,006
Equity 1,016 975 949
Grants and subsidies
Liabilities 41 45 57
Financial liabilities
Long-term liabilities 15 14 15
Short-term liabilities
Equity and liabilities 1,057 1,021 1,006

Financial ratios

2017 2018 2019 2020
Capital return ratios
Return on assets (ROA) 29% 3% -2% 1%
Return on equity (ROE) 30% 3% -2% 1%
Return on capital employed (ROCE) 54% 8% -4% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 19.39 23.27 21.88 21.68
Quick ratio 19.34 23.26 21.81 21.62
Turnover ratios
Asset turnover 0.35 0.30 0.28 0.26
Fixed asset turnover 0.88 1.01 1.01 0.97
Equity turnover 0.37 0.31 0.30 0.27
Profitability ratios
EBITDA margin 91% 18% -1% 9%
Operating profit margin 8% 12% -7% -29%
Net profit margin 83% 10% -7% 3%
Other ratios
Dividends to the State
Dividends paid / net profit
2018-06 2019-06 2020-06 2021-06
Capital return ratios
Return on assets (ROA) 29% % % -2%
Return on equity (ROE) 30% % % -2%
Return on capital employed (ROCE) 54% -1% 3% -8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 19.39
Quick ratio 19.34
Turnover ratios
Asset turnover 0.35 0.28 0.13 0.14
Fixed asset turnover 0.88 1.04 0.48 0.52
Equity turnover 0.37 0.29 0.14 0.15
Profitability ratios
EBITDA margin 91% % 16% -22%
Operating profit margin 8% % 11% -28%
Net profit margin 83% % 11% -28%
Other ratios
Dividends to the State
Dividends paid / net profit

About the company

  • Official nameUAB „Lietuvos kinas“
  • Legal formPrivate limited liability company (UAB)
  • Company code120143996
  • SectorOther
  • Line of businessStorage, broadcasting and rental of video tapes
  • Institution representing the StateMinistry of Culture
  • Share belonging to the State100%
http://www.lietuvoskinas.lt/
ROE

0.7%

Number of employees

6

Financial data provided as at end-December 2020

Management

  • Arūnas StoškusDirector General

Information as of: 2021/10/01