Poilsio namai Baltija
The state-owned company “Baltija” was founded in 1991 January. Recreational home activities – accommodation services, rehabilitation treatment, support and outpatient rehabilitation, commercial treatment services, catering and organization of conferences and meetings.
Financial results
P/L Statment
| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Revenue | 708 | 599 | 200 |
| Cost of goods sold | 688 | 549 | 37 |
| Gross profit (loss) | 20 | 50 | 163 |
| Gross profit margin | 3% | 8% | 82% |
| Operating expenses | 696 | 400 | 379 |
| Operating profit (loss) | -676 | -351 | -215 |
| Operating profit margin | -96% | -59% | -108% |
| EBITDA | 501 | -190 | -74 |
| EBITDA margin | 71% | -32% | -37% |
| Net profit (loss) | -685 | -393 | -264 |
| Net profit margin | -97% | -66% | -132% |
| 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 |
Balance sheet
| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Non-current assets | 5,258 | 5,097 | 4,956 |
| Intangible assets | 6 | 2 | |
| Tangible assets | 5,252 | 5,095 | 4,956 |
| Financial assets | |||
| Other non-current assets | |||
| Biological assets | |||
| Current assets | 37 | 11 | 45 |
| Inventories and prepaid expenses | 3 | 0 | 0 |
| Accounts receivable in one year | 27 | 2 | 4 |
| Other current assets | |||
| Cash and cash equivalents | 6 | 9 | 41 |
| Total assets | 5,295 | 5,108 | 5,002 |
| Equity | 3,991 | 3,598 | 3,333 |
| Minority share of capital | |||
| Grants and subsidies | |||
| Liabilities | 1,304 | 1,511 | 1,668 |
| Financial liabilities | 747 | 1,136 | 1,283 |
| Long-term liabilities | 744 | 1,136 | 1,283 |
| Short-term liabilities | 217 | 40 | 63 |
| Equity and liabilities | 5,295 | 5,108 | 5,002 |
| Non-current assets |
| Intangible assets |
| Tangible assets |
| Financial assets |
| Other non-current assets |
| Biological assets |
| Current assets |
| Inventories and prepaid expenses |
| Accounts receivable in one year |
| Other current assets |
| Cash and cash equivalents |
| Total assets |
| Equity |
| Minority share of capital |
| Grants and subsidies |
| Liabilities |
| Financial liabilities |
| Long-term liabilities |
| Short-term liabilities |
| Equity and liabilities |
Financial ratios
| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Capital return ratios | |||
| Return on assets (ROA) | -13% | -8% | -5% |
| Return on equity (ROE) | -16% | -10% | -8% |
| Return on capital employed (ROCE) | -27% | -14% | -9% |
| Capital structure and liquidity ratios | |||
| Debt / asset ratio (D/A) | 0.19 | 0.32 | 0.39 |
| Current Ratio | 0.17 | 0.28 | 0.72 |
| Quick ratio | 0.15 | 0.27 | 0.71 |
| Turnover ratios | |||
| Asset turnover | 0.13 | 0.12 | 0.04 |
| Fixed asset turnover | 0.13 | 0.12 | 0.04 |
| Equity turnover | 0.16 | 0.16 | 0.06 |
| Profitability ratios | |||
| EBITDA margin | 71% | -32% | -37% |
| Operating profit margin | -96% | -59% | -108% |
| Net profit margin | -97% | -66% | -132% |
| Other ratios | |||
| Dividends to the State | |||
| Dividends paid / net profit |
| 2017-06-30 | |
|---|---|
| Capital return ratios | |
| Return on assets (ROA) | -8% |
| Return on equity (ROE) | -10% |
| Return on capital employed (ROCE) | -14% |
| Capital structure and liquidity ratios | |
| Debt / asset ratio (D/A) | 0.32 |
| Current Ratio | 0.28 |
| Quick ratio | 0.27 |
| Turnover ratios | |
| Asset turnover | 0.12 |
| Fixed asset turnover | 0.12 |
| Equity turnover | 0.16 |
| Profitability ratios | |
| EBITDA margin | -32% |
| Operating profit margin | -59% |
| Net profit margin | -66% |
| Other ratios | |
| Dividends to the State | |
| Dividends paid / net profit |
Financial statments
2015 m. metinės 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
Expectations of the state
Target return on equity
7.2%
About the company
- Official nameUAB poilsio namai „Baltija“
- Legal formPrivate limited liability company (UAB)
- Company code152409533
- SectorOther
- Line of businessAccommodation services, recreational medical facility
- Institution representing the StateProperty bank
- Share indirectly belonging to the State0%
ROE
%
Financial data provided as at end-December 2019
