Rail Baltica statyba
UAB Rail Baltica Statyba is a subsidiary of AB Lietuvos geležinkeliai established on 23 January 2014, which is the founder and shareholder of the joint company of the Baltic countries “RB Rail AS”, which coordinates the implementation of the “Rail Baltica” project.F4
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 49 | 58 | 58 | 58 |
| Cost of goods sold | 75 | 72 | 64 | 67 |
| Gross profit (loss) | -26 | -14 | -6 | -9 |
| Gross profit margin | -53% | -24% | -11% | -16% |
| Operating expenses | 8 | 8 | 8 | 13 |
| Operating profit (loss) | -34 | -22 | -14 | -22 |
| Operating profit margin | -70% | -38% | -24% | -38% |
| EBITDA | -34 | -22 | -14 | -22 |
| EBITDA margin | -69% | -38% | -24% | -38% |
| Net profit (loss) | -26 | -96 | 4 | 710 |
| Net profit margin | -53% | -165% | 7% | 1224% |
| 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
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 2,312 | 2,239 | 2,257 | 2,989 |
| Intangible assets | ||||
| Tangible assets | ||||
| Financial assets | 2,312 | 2,239 | 2,257 | 2,989 |
| Other non-current assets | ||||
| Current assets | 81 | 60 | 44 | 23 |
| Inventories and prepaid expenses | 0 | |||
| Accounts receivable in one year | 14 | 6 | 6 | 3 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 67 | 54 | 38 | 20 |
| Total assets | 2,393 | 2,299 | 2,301 | 3,012 |
| Equity | 2,372 | 2,277 | 2,281 | 2,991 |
| Grants and subsidies | ||||
| Liabilities | 13 | 14 | 12 | 8 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 13 | 14 | 12 | 8 |
| Equity and liabilities | 2,393 | 2,299 | 2,301 | 3,012 |
| 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 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -4% | 0% | 27% |
| Return on equity (ROE) | -1% | -4% | 0% | 27% |
| Return on capital employed (ROCE) | -1% | -1% | -1% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 6.13 | 4.32 | 3.58 | 2.73 |
| Quick ratio | 6.13 | 4.32 | 3.58 | 2.73 |
| Turnover ratios | ||||
| Asset turnover | 0.02 | 0.03 | 0.03 | 0.02 |
| Fixed asset turnover | 0.02 | 0.03 | 0.03 | 0.02 |
| Equity turnover | 0.02 | 0.03 | 0.03 | 0.02 |
| Profitability ratios | ||||
| EBITDA margin | -69% | -38% | -24% | -38% |
| Operating profit margin | -70% | -38% | -24% | -38% |
| Net profit margin | -53% | -165% | 7% | 1224% |
| Other ratios | ||||
| Dividends to the State | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital return ratios |
| Return on assets (ROA) |
| Return on equity (ROE) |
| Return on capital employed (ROCE) |
| Capital structure and liquidity ratios |
| Debt / asset ratio (D/A) |
| Current Ratio |
| Quick ratio |
| Turnover ratios |
| Asset turnover |
| Fixed asset turnover |
| Equity turnover |
| Profitability ratios |
| EBITDA margin |
| Operating profit margin |
| Net profit margin |
| Other ratios |
| Dividends to the State |
| Dividends paid / net profit |
About the company
- Official nameUAB „Rail Baltica statyba“
- Legal formPrivate limited liability company (UAB)
- Company code303227458
- SectorTransport and Communications
- Line of businessInternational Railway Construction Project
- Accountability„Lietuvos geležinkeliai“ group of companies
- Share indirectly belonging to the State100%
ROE
26.9%
Number of employees
3
Financial data provided as at end-December 2023
Management
- Arenijus JackusChief Executive Officer
Information as of: 2024/07/01
