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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

Established in 1991, Lietpraba was re-registered in 1995 as „Lietuvos prabavimo rūmai“. The company protects the rights of precious metals and gemstones consumers, protects them and the interests of the state in the production, processing, purchase, sale, use, storage and export or import of precious metals and precious stones. The company performs precious metal research, control analysis, worshiping, embossing, expertise, characterization, quality certification and other activities.

Financial results

P/L Statment

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
2018-06 2019-06 2020-06 2021-06
Revenue 273 329 202 261
Cost of goods sold 137 151 155 169
Gross profit (loss) 136 178 47 92
Gross profit margin % % 54% 35%
Operating expenses 142 142 97 101
Operating profit (loss) -7 36 -50 -8
Operating profit margin % % 11% -3%
EBITDA 64 24
EBITDA margin % % 20% 9%
Net profit (loss) -5 39 -50 -8
Net profit margin % % 12% -3%

Balance sheet

Non-current assets
Intangible assets
Tangible assets
Financial assets
Other non-current assets
Current assets
Inventories and prepaid expenses
Accounts receivable in one year
Other current assets
Cash and cash equivalents
Total assets
Equity
Grants and subsidies
Liabilities
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities
2019-06 2020-06 2021-06
Non-current assets 798 781 667
Intangible assets 20 14 9
Tangible assets 778 767 658
Financial assets
Other non-current assets
Current assets 1,277 1,114 977
Inventories and prepaid expenses 44 49 48
Accounts receivable in one year 55 44 36
Other current assets
Cash and cash equivalents 1,177 1,021 893
Total assets 2,080 1,904 1,650
Equity 1,975 1,815 1,574
Grants and subsidies
Liabilities 105 89 76
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities 2,080 1,904 1,650

Financial ratios

2018
Capital return ratios
Return on assets (ROA) 2%
Return on equity (ROE) 2%
Return on capital employed (ROCE) 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 37.90
Quick ratio 27.90
Turnover ratios
Asset turnover 0.19
Fixed asset turnover 0.59
Equity turnover 0.20
Profitability ratios
EBITDA margin 14%
Operating profit margin 3%
Net profit margin 3%
Other ratios
Dividends to the State 203.69
Dividends paid / net profit 10.34
2018-06 2019-06 2020-06 2021-06
Capital return ratios
Return on assets (ROA) 2% % % 8%
Return on equity (ROE) 2% % % 9%
Return on capital employed (ROCE) 2% -2% 3% -1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 40.97
Quick ratio 40.18
Turnover ratios
Asset turnover 0.16 0.32 0.10 0.15
Fixed asset turnover 0.38 0.82 0.26 0.36
Equity turnover 0.17 0.33 0.11 0.15
Profitability ratios
EBITDA margin 19% % 20% 9%
Operating profit margin 6% % 11% -3%
Net profit margin 6% % 12% -3%
Other ratios
Dividends to the State 929.40
Dividends paid / net profit 25.67

Expectations of the state

Target return on equity undefined

About the company

  • Official nameVĮ „Lietuvos prabavimo rūmai“
  • Legal formState enterprise (VĮ)
  • Company code152035320
  • SectorOther
  • Line of businessAssaying of precious metals and stones
  • Institution representing the StateMinistry of Finance
  • Special obligationsPerformes non-commercial special obligations
  • Share belonging to the State100%
http://www.lpr.lt/
ROE

%

Financial data provided as at end-December 2021