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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

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

2019 2020 2021 2022
Revenue 50 49 58 58
Cost of goods sold 70 75 72 64
Gross profit (loss) -20 -26 -14 -6
Gross profit margin -40% -53% -24% -11%
Operating expenses 5 8 8 8
Operating profit (loss) -25 -34 -22 -14
Operating profit margin -51% -70% -38% -25%
EBITDA -25 -34 -22 -33
EBITDA margin -50% -69% -38% -56%
Net profit (loss) -479 -26 -96 -14
Net profit margin -958% -53% -165% -25%
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

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 2,304 2,312 2,239 2,257
Intangible assets
Tangible assets 0
Financial assets 2,304 2,312 2,239 2,257
Other non-current assets
Biological assets
Current assets 107 81 60 44
Inventories and prepaid expenses 0 0
Accounts receivable in one year 16 14 6 6
Other current assets
Cash and cash equivalents 92 67 54 38
Total assets 2,411 2,393 2,299 2,301
Equity 2,398 2,372 2,277 2,281
Minority share of capital
Grants and subsidies
Liabilities 7 13 14 12
Financial liabilities
Long-term liabilities
Short-term liabilities 7 13 14 12
Equity and liabilities 2,411 2,393 2,299 2,301
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

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) -20% -1% -4% -1%
Return on equity (ROE) -20% -1% -4% -1%
Return on capital employed (ROCE) -2% -3% -2% -3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 14.45 6.13 4.32 3.58
Quick ratio 14.44 6.13 4.32 3.58
Turnover ratios
Asset turnover 0.04 0.02 0.02 0.03
Fixed asset turnover 0.04 0.02 0.03 0.03
Equity turnover 0.04 0.02 0.02 0.03
Profitability ratios
EBITDA margin -50% -69% -38% -56%
Operating profit margin -51% -70% -38% -25%
Net profit margin -958% -53% -165% -25%
Other ratios
Dividends to the State
Dividends paid / net profit

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand
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%
http://rail-baltica.lt/
ROE

-0.6%

Number of employees

4

Financial data provided as at end-December 2022

Management

  • Arenijus JackusChief Executive Officer

Information as of: 2024/04/02