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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

UAB Rail Baltica statyba – a subsidiary of AB Lietuvos Geležinkeliai was found on 2014 January 23  and was established as a subsidiary and shareholder of joint Baltic company RB Rail AS, which coordinates the implementation of the Rail Baltica project. 

Financial results

P/L Statment

2019 2020
Revenue 50 49
Cost of goods sold 70 75
Gross profit (loss) -20 -26
Gross profit margin -40% -53%
Operating expenses 5 8
Operating profit (loss) -25 -34
Operating profit margin -51% -70%
EBITDA -25 -34
EBITDA margin -50% -69%
Net profit (loss) -479 -26
Net profit margin -958% -53%
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

2019 2020
Non-current assets 2,304 2,312
Intangible assets
Tangible assets 0 0
Financial assets 2,304 2,312
Other non-current assets
Biological assets
Current assets 107 81
Inventories and prepaid expenses 0 0
Accounts receivable in one year 16 14
Other current assets
Cash and cash equivalents 92 67
Total assets 2,411 2,393
Equity 2,398 2,372
Minority share of capital
Grants and subsidies
Liabilities 7 13
Financial liabilities
Long-term liabilities
Short-term liabilities 7 13
Equity and liabilities 2,411 2,393
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

2017 2019 2020
Capital return ratios
Return on assets (ROA) 2% -40% -1%
Return on equity (ROE) 7% -40% -1%
Return on capital employed (ROCE) 7% -2% -3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.47
Current Ratio 0.96 14.45 6.13
Quick ratio 0.65 14.44 6.13
Turnover ratios
Asset turnover 1.07 0.04 0.02
Fixed asset turnover 2.08 0.04 0.02
Equity turnover 3.42 0.04 0.02
Profitability ratios
EBITDA margin 6% -50% -69%
Operating profit margin 1% -51% -70%
Net profit margin 2% -958% -53%
Other ratios
Dividends to the State
Dividends paid / net profit
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

-1.1%

Number of employees

4

Financial data provided as at end-December 2019