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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.


          2020 GOOD CORPORATE GOVERNANCE INDEX          

Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 306 293 267 287
Cost of goods sold 185 247 252 315
Gross profit (loss) 121 46 16 -28
Gross profit margin 40% 16% 6% -10%
Operating expenses 83 66 94 101
Operating profit (loss) 38 -20 -78 -130
Operating profit margin 12% -7% -29% -45%
EBITDA 54 -4 24 -113
EBITDA margin 18% -1% 9% -39%
Net profit (loss) 32 -20 7 -129
Net profit margin 10% -7% 3% -45%
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

2018 2019 2020 2021
Non-current assets 295 285 269 253
Intangible assets
Tangible assets 295 285 269 253
Financial assets
Other non-current assets
Current assets 752 742 767 671
Inventories and prepaid expenses 0 3 2 1
Accounts receivable in one year 35 47 32 34
Other current assets
Cash and cash equivalents 717 693 733 636
Total assets 1,048 1,027 1,037 924
Equity 1,001 981 988 858
Grants and subsidies
Liabilities 47 46 49 66
Financial liabilities
Long-term liabilities 15 12 14 14
Short-term liabilities 32 34 35 52
Equity and liabilities 1,048 1,027 1,037 924
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

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 3% -2% 1% -13%
Return on equity (ROE) 3% -2% 1% -14%
Return on capital employed (ROCE) 8% -4% 1% -30%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 23.27 21.88 21.68 13.03
Quick ratio 23.26 21.81 21.62 13.00
Turnover ratios
Asset turnover 0.30 0.28 0.26 0.29
Fixed asset turnover 1.01 1.01 0.97 1.10
Equity turnover 0.31 0.30 0.27 0.31
Profitability ratios
EBITDA margin 18% -1% 9% -39%
Operating profit margin 12% -7% -29% -45%
Net profit margin 10% -7% 3% -45%
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

-14.0%

Number of employees

5

Financial data provided as at end-December 2021

Management

  • Arūnas StoškusDirector General

Information as of: 2022/09/01