Mašinų bandymo stotis
Vį Mašinų bandymo stotis was registered in 1998. Company tests farm machinery and equipment, agricultural and forestry tractors, determines the conformity of consumption characteristics to the requirements of normative documents.
Financial results
P/L Statment
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Revenue | 249 | 254 | 410 | 277 |
| Cost of goods sold | 128 | 146 | 111 | 101 |
| Gross profit (loss) | 121 | 108 | 300 | 177 |
| Gross profit margin | 48% | 42% | 73% | 64% |
| Operating expenses | 288 | 289 | 266 | 157 |
| Operating profit (loss) | -168 | -181 | 34 | 19 |
| Operating profit margin | -67% | -71% | 8% | 7% |
| EBITDA | -159 | -172 | 41 | 35 |
| EBITDA margin | -64% | -68% | 10% | 13% |
| Net profit (loss) | 14 | 16 | 30 | 17 |
| Net profit margin | 6% | 6% | 7% | 6% |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Revenue | 135 | 137 | 137 | 138 |
| Cost of goods sold | 79 | 60 | 48 | 53 |
| Gross profit (loss) | 56 | 77 | 89 | 85 |
| Gross profit margin | 41% | 56% | 65% | 61% |
| Operating expenses | 149 | 142 | 76 | 74 |
| Operating profit (loss) | -93 | -65 | 13 | 11 |
| Operating profit margin | -69% | -47% | 9% | 8% |
| EBITDA | -89 | -62 | 17 | 20 |
| EBITDA margin | -66% | -45% | 12% | 15% |
| Net profit (loss) | 1 | 4 | 11 | 10 |
| Net profit margin | 4% | 18% | 8% | 7% |
Balance sheet
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Non-current assets | 52 | 21 | 33 | 1,012 |
| Intangible assets | 0 | |||
| Tangible assets | 24 | 21 | 33 | 1,012 |
| Financial assets | 29 | |||
| Other non-current assets | ||||
| Biological assets | ||||
| Current assets | 58 | 64 | 57 | 83 |
| Inventories and prepaid expenses | 8 | 0 | 0 | 1 |
| Accounts receivable in one year | 32 | 39 | 23 | 23 |
| Other current assets | ||||
| Cash and cash equivalents | 18 | 25 | 33 | 59 |
| Total assets | 161 | 85 | 90 | 1,094 |
| Equity | 82 | 12 | 42 | 1,053 |
| Minority share of capital | ||||
| Grants and subsidies | 15 | 9 | 8 | 6 |
| Liabilities | 64 | 64 | 40 | 36 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 64 | 64 | 40 | 36 |
| Equity and liabilities | 161 | 85 | 90 | 1,095 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Non-current assets | 54 | 36 | 30 | 1,003 |
| Intangible assets | 0 | |||
| Tangible assets | 26 | 36 | 30 | 1,003 |
| Financial assets | 29 | |||
| Other non-current assets | ||||
| Biological assets | ||||
| Current assets | 100 | 62 | 85 | 86 |
| Inventories and prepaid expenses | 1 | 0 | 0 | 0 |
| Accounts receivable in one year | 33 | 40 | 27 | 27 |
| Other current assets | 51 | |||
| Cash and cash equivalents | 16 | 21 | 58 | 58 |
| Total assets | 154 | 98 | 114 | 1,089 |
| Equity | 81 | 35 | 52 | 1,050 |
| Minority share of capital | ||||
| Grants and subsidies | 10 | 8 | 7 | 5 |
| Liabilities | 63 | 54 | 56 | 35 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 63 | 54 | 56 | 35 |
| Equity and liabilities | 154 | 98 | 114 | 1,089 |
Financial ratios
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 10% | 13% | 35% | 3% |
| Return on equity (ROE) | 19% | 34% | 114% | 3% |
| Return on capital employed (ROCE) | -345% | -1722% | 139% | 4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 0.91 | 1.00 | 1.41 | 2.29 |
| Quick ratio | 0.79 | 0.99 | 1.40 | 2.27 |
| Turnover ratios | ||||
| Asset turnover | 1.62 | 2.07 | 4.70 | 0.47 |
| Fixed asset turnover | 5.69 | 6.92 | 15.17 | 0.53 |
| Equity turnover | 3.31 | 5.41 | 15.34 | 0.51 |
| Profitability ratios | ||||
| EBITDA margin | -64% | -68% | 10% | 13% |
| Operating profit margin | -67% | -71% | 8% | 7% |
| Net profit margin | 6% | 6% | 7% | 6% |
| Other ratios | ||||
| Dividends to the State | 6.96 | 1.40 | 12.90 | |
| Dividends paid / net profit | 0.50 | 0.05 | 0.75 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 13% | 28% | 17% | 3% |
| Return on equity (ROE) | 34% | 60% | 41% | 3% |
| Return on capital employed (ROCE) | -1722% | -297% | 46% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 1.00 | 1.14 | 1.52 | 2.48 |
| Quick ratio | 0.99 | 1.14 | 1.52 | 2.47 |
| Turnover ratios | ||||
| Asset turnover | 2.07 | 1.09 | 1.29 | 0.23 |
| Fixed asset turnover | 6.92 | 3.03 | 4.18 | 0.27 |
| Equity turnover | 5.41 | 2.36 | 3.15 | 0.25 |
| Profitability ratios | ||||
| EBITDA margin | -68% | -45% | 12% | 15% |
| Operating profit margin | -71% | -47% | 9% | 8% |
| Net profit margin | 6% | 18% | 8% | 7% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
Financial statments
Expectations of the state
Target return on equity
13.3%
About the company
- Official nameUAB Mašinų bandymo stotis
- Legal formState enterprise (VĮ)
- Company code190819979
- SectorOther
- Line of businessTest and certification of industry equipment and agricultural machinery
- Institution representing the StateProperty bank
- Share belonging to the State100%
Return to the State
14 EUR thousand
ROE
3.3%
Number of employees
11
Financial data provided as at end-December 2019
