Problematika
VĮ Problematika was founded in 1991 and re-registered in April 2011 as a public limited company. The company’s activities are laboratory testing and analysis of road construction materials, technical quality control and maintenance of roads and their structures, certification of road construction materials and control of requirements of these materials and others.
Financial results
P/L Statment
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Revenue | 5,359 | 6,938 | 5,138 | 5,472 |
| Cost of goods sold | 3,346 | 4,227 | 3,394 | 2,495 |
| Gross profit (loss) | 2,013 | 2,710 | 1,744 | 2,977 |
| Gross profit margin | 38% | 39% | 34% | 54% |
| Operating expenses | 876 | 903 | 1,039 | 1,566 |
| Operating profit (loss) | 1,138 | 1,807 | 705 | 1,411 |
| Operating profit margin | 21% | 26% | 14% | 26% |
| EBITDA | 1,473 | 2,141 | 1,071 | 1,945 |
| EBITDA margin | 27% | 31% | 21% | 36% |
| Net profit (loss) | 984 | 1,569 | 618 | 1,180 |
| Net profit margin | 18% | 23% | 12% | 22% |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Revenue | 2,288 | 1,943 | 1,846 | 1,691 |
| Cost of goods sold | 1,520 | 1,427 | 1,033 | 947 |
| Gross profit (loss) | 768 | 516 | 813 | 744 |
| Gross profit margin | 34% | 27% | 44% | 44% |
| Operating expenses | 587 | 411 | 735 | 685 |
| Operating profit (loss) | 181 | 105 | 78 | 60 |
| Operating profit margin | 8% | 5% | 4% | 4% |
| EBITDA | 349 | 264 | 391 | 373 |
| EBITDA margin | 15% | 14% | 21% | 22% |
| Net profit (loss) | 38 | 21 | 95 | 135 |
| Net profit margin | 6% | 5% | 5% | 8% |
Balance sheet
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Non-current assets | 3,198 | 5,880 | 6,583 | 6,061 |
| Intangible assets | 9 | 24 | 19 | 14 |
| Tangible assets | 3,040 | 5,703 | 6,414 | 5,906 |
| Financial assets | ||||
| Other non-current assets | 149 | 154 | 150 | 142 |
| Biological assets | ||||
| Current assets | 4,895 | 3,619 | 799 | 1,823 |
| Inventories and prepaid expenses | 244 | 159 | 85 | 60 |
| Accounts receivable in one year | 678 | 772 | 713 | 371 |
| Other current assets | 203 | |||
| Cash and cash equivalents | 3,769 | 2,687 | 1 | 1,393 |
| Total assets | 8,166 | 9,567 | 7,413 | 7,919 |
| Equity | 7,685 | 8,395 | 6,269 | 6,112 |
| Minority share of capital | ||||
| Grants and subsidies | ||||
| Liabilities | 479 | 1,171 | 1,144 | 1,807 |
| Financial liabilities | 307 | 1,205 | ||
| Long-term liabilities | 78 | 42 | ||
| Short-term liabilities | 479 | 1,171 | 1,065 | 1,765 |
| Equity and liabilities | 8,166 | 9,567 | 7,413 | 7,919 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Non-current assets | 3,984 | 6,560 | 6,315 | 5,879 |
| Intangible assets | 15 | 25 | 19 | 8 |
| Tangible assets | 3,821 | 6,382 | 6,146 | 5,729 |
| Financial assets | ||||
| Other non-current assets | 149 | 154 | 150 | 142 |
| Biological assets | ||||
| Current assets | 4,060 | 2,028 | 856 | 896 |
| Inventories and prepaid expenses | 412 | 158 | 80 | 65 |
| Accounts receivable in one year | 1,436 | 1,151 | 773 | 818 |
| Other current assets | ||||
| Cash and cash equivalents | 2,211 | 719 | 3 | 12 |
| Total assets | 8,044 | 8,588 | 7,201 | 6,825 |
| Equity | 7,008 | 7,275 | 5,027 | 5,142 |
| Minority share of capital | ||||
| Grants and subsidies | ||||
| Liabilities | 1,036 | 1,313 | 2,175 | 1,683 |
| Financial liabilities | 96 | 60 | ||
| Long-term liabilities | 78 | 42 | ||
| Short-term liabilities | 1,036 | 1,313 | 2,096 | 1,641 |
| Equity and liabilities | 8,044 | 8,588 | 7,201 | 6,825 |
Financial ratios
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 13% | 18% | 7% | 15% |
| Return on equity (ROE) | 13% | 20% | 8% | 19% |
| Return on capital employed (ROCE) | 30% | 43% | 22% | 46% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.05 | 0.20 | ||
| Current Ratio | 10.22 | 3.09 | 0.75 | 1.03 |
| Quick ratio | 9.70 | 2.95 | 0.67 | 1.00 |
| Turnover ratios | ||||
| Asset turnover | 0.69 | 0.78 | 0.61 | 0.71 |
| Fixed asset turnover | 1.49 | 1.53 | 0.82 | 0.87 |
| Equity turnover | 0.72 | 0.86 | 0.70 | 0.88 |
| Profitability ratios | ||||
| EBITDA margin | 27% | 31% | 21% | 36% |
| Operating profit margin | 21% | 26% | 14% | 26% |
| Net profit margin | 18% | 23% | 12% | 22% |
| Other ratios | ||||
| Dividends to the State | 859.11 | 1,244.20 | 1,336.50 | 1,105.99 |
| Dividends paid / net profit | 0.87 | 0.79 | 2.16 | 0.94 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 18% | 18% | 7% | 17% |
| Return on equity (ROE) | 20% | 21% | 10% | 24% |
| Return on capital employed (ROCE) | 43% | 3% | 4% | 6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.14 | 0.22 | ||
| Current Ratio | 3.09 | 1.54 | 0.41 | 0.55 |
| Quick ratio | 2.95 | 1.42 | 0.37 | 0.51 |
| Turnover ratios | ||||
| Asset turnover | 0.78 | 0.23 | 0.23 | 0.24 |
| Fixed asset turnover | 1.53 | 0.37 | 0.29 | 0.28 |
| Equity turnover | 0.86 | 0.27 | 0.30 | 0.33 |
| Profitability ratios | ||||
| EBITDA margin | 31% | 14% | 21% | 22% |
| Operating profit margin | 26% | 5% | 4% | 4% |
| Net profit margin | 23% | 5% | 5% | 8% |
| Other ratios | ||||
| Dividends to the State | 1,244.20 | |||
| Dividends paid / net profit | 0.79 |
Financial statments
2015 m. 12 mėn. tarpinės 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. 3 mėn. tarpinės ataskaitos
2014 m. 9 mėn. tarpinės ataskaitos
2014 m. 6 mėn. tarpinės ataskaitos
Expectations of the state
Target return on equity
8.7%
About the company
- Official nameAB „Problematika“
- Legal formPublic limited liability company (AB)
- Company code120721845
- SectorOther
- Line of businessConstruction analytics
- Institution representing the StateMinistry of Transport and Communications
- Share belonging to the State100%
Return to the State
1.1 EUR milion
ROE
19.1%
Number of employees
92
Financial data provided as at end-December 2019
Management
- Artūras PalekasDirector General
Information as of: 2021/01/01
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Arvydas DarulisSĮ Vilniaus atliekų sistemos administratorius; Independent member
MEMBERS OF THE BOARD OF DIRECTORS
- Rolandas OginskasIndependent member
- Janina LaskauskienėMinistry of Transport and Communications
Information as of: 2021/01/01
