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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

State Enterprise Centre of Registers manages the main information resources of the state – state registers and information systems – in accordance with the procedures and rules established by their managers – the different state institutions. Currently, the Centre of Registers maintains 11 registers of national importance and 13 information systems. The company employs over 1.5 thousand employees, of which about 600 work in the field of registration of objects and transactions, almost 400 in the field of customer service in 50 customer service units across Lithuania, and more than 200 employees in the field of IT and service development. The Centre of Registers is a partner of national master data, a progressive state, society and business.

          2023/24 GOOD CORPORATE GOVERNANCE INDEX

    

          2022/23 GOOD CORPORATE GOVERNANCE INDEX  

Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 48,288 65,191 64,655 58,778
Cost of goods sold 26,815 32,204 42,518 46,107
Gross profit (loss) 21,472 32,987 22,137 12,670
Gross profit margin 44% 51% 34% 22%
Operating expenses 8,450 10,136 12,554 12,522
Operating profit (loss) 13,023 22,851 9,583 148
Operating profit margin 27% 35% 15% 0%
EBITDA 15,619 25,109 12,270 4,060
EBITDA margin 32% 39% 19% 7%
Net profit (loss) 10,984 19,464 8,142 70
Net profit margin 23% 30% 13% 0%
2021-06 2022-06 2023-06 2024-06
Revenue 25,623 37,667 33,569 33,386
Cost of goods sold 15,727 19,111 23,031 24,058
Gross profit (loss) 9,896 18,557 10,538 9,328
Gross profit margin 39% 49% 31% 28%
Operating expenses 4,425 5,656 6,446 6,649
Operating profit (loss) 5,471 12,901 4,092 2,679
Operating profit margin 21% 34% 12% 8%
EBITDA 6,570 14,151 5,962 4,974
EBITDA margin 26% 38% 18% 15%
Net profit (loss) 4,682 10,972 3,433 2,434
Net profit margin 18% 29% 10% 7%

* Left axis

** Right axis

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

Balance sheet

2020 2021 2022 2023
Non-current assets 27,424 31,489 47,550 66,125
Intangible assets 7,295 9,788 14,455 18,330
Tangible assets 18,644 19,991 29,274 44,601
Financial assets
Other non-current assets 1,485 1,710 3,821 3,193
Current assets 27,856 34,921 24,178 18,201
Inventories and prepaid expenses 2,455 243 549 389
Accounts receivable in one year 3,181 15,210 15,056 14,390
Other current assets
Cash and cash equivalents 22,219 19,468 8,573 3,422
Total assets 55,837 67,383 73,491 86,003
Equity 37,160 44,437 39,670 34,632
Grants and subsidies 7,688 9,005 10,803 14,964
Liabilities 7,411 9,821 18,860 32,410
Financial liabilities 1,120 782 2,515 18,657
Long-term liabilities 565 427 1,868 17,233
Short-term liabilities 6,845 9,395 16,992 15,177
Equity and liabilities 55,837 67,383 73,491 86,003
2021-06 2022-06 2023-06 2024-06
Non-current assets 27,987 33,050 50,770 66,199
Intangible assets 7,893 10,603 14,613 18,332
Tangible assets 18,685 20,961 32,764 46,855
Financial assets 0 0
Other non-current assets 1,409 1,486 3,392 1,012
Current assets 1,115 1,852 2,125 2,098
Inventories and prepaid expenses 371 512 254 147
Accounts receivable in one year 7,040 25,776 14,770 15,296
Other current assets 0 0
Cash and cash equivalents 12,865 7,510 5,843 10,742
Total assets 49,378 68,699 73,762 94,482
Equity 29,652 43,730 38,949 37,092
Grants and subsidies 7,421 9,945 12,024 17,308
Liabilities 9,559 11,820 19,595 37,362
Financial liabilities 797 512 4,190 24,160
Long-term liabilities 469 239 2,985 21,731
Short-term liabilities 9,091 11,582 16,610 15,631
Equity and liabilities 49,378 68,699 73,762 94,482

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

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) 23% 32% 12% 0%
Return on equity (ROE) 34% 48% 19% 0%
Return on capital employed (ROCE) 35% 51% 23% 0%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.01 0.03 0.22
Current Ratio 4.07 3.72 1.42 1.20
Quick ratio 3.71 3.69 1.39 1.17
Turnover ratios
Asset turnover 0.86 0.97 0.88 0.68
Fixed asset turnover 1.76 2.07 1.36 0.89
Equity turnover 1.30 1.47 1.63 1.70
Profitability ratios
EBITDA margin 32% 39% 19% 7%
Operating profit margin 27% 35% 15% 0%
Net profit margin 23% 30% 13% 0%
Other ratios
Dividends to the State 9,634.00 11,678.16 3,724.19 58.40
Dividends paid / net profit 0.88 0.60 0.46 0.83

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand

2021-06 2022-06 2023-06 2024-06
Capital return ratios
Return on assets (ROA) 31% 44% 1% -1%
Return on equity (ROE) 54% 70% 1% -2%
Return on capital employed (ROCE) 18% 29% 10% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.01 0.06 0.26
Current Ratio 2.23 2.92 1.26 1.68
Quick ratio 2.19 2.87 1.24 1.67
Turnover ratios
Asset turnover 0.52 0.55 0.46 0.35
Fixed asset turnover 0.92 1.14 0.66 0.50
Equity turnover 0.86 0.86 0.86 0.90
Profitability ratios
EBITDA margin 26% 38% 18% 15%
Operating profit margin 21% 34% 12% 8%
Net profit margin 18% 29% 10% 7%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2023 m. 6 mėn. tarpinės ataskaitos 2023 m. metinės ataskaitos
2022 m. 6 mėn. tarpinės ataskaitos 2022 m. metinės ataskaitos
2021 m. 6 mėn. tarpinės ataskaitos 2021 m. metinės ataskaitos
2020 m. 6 mėn. tarpinės ataskaitos 2020 m. metinės ataskaitos
2019 m. metinės ataskaitos 2019 m. 6 mėn. tarpinės ataskaitos
2018 m. metinės ataskaitos 2018 m. 6 mėn. tarpinės ataskaitos
2017 m. 6 mėn. tarpinės ataskaitos 2017 m. metinės ataskaitos
2016 m. metinės ataskaitos 2016 m. 6 mėn. tarpinės ataskaitos 2016 m. 3 mėn. tarpinės ataskaitos
2015 m. metinės ataskaitos 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. 6 mėn. tarpinės ataskaitos 2014 m. 9 mėn. tarpinės ataskaitos
2012 m. metinės ataskaitos 2012 m. 3 mėn. tarpinės ataskaitos 2012 m. 6 mėn. tarpinės ataskaitos
2013 m. 3 mėn. tarpinės ataskaitos 2013 m. 6 mėn. tarpinės ataskaitos 2013 m. metinės ataskaitos 2013 m. 12 mėn. tarpinės ataskaitos 2013 m. 9 mėn. tarpinės ataskaitos
2010 m. metinės ataskaitos
2011 m. metinės ataskaitos 2011 m. 9 mėn. tarpinės ataskaitos 2011 m. 6 mėn. tarpinės ataskaitos

Expectations of the state

Key performance indicator
Letter of Expectations

About the company

  • Official nameVĮ Registrų centras
  • Legal formState enterprise (VĮ)
  • Company code124110246
  • SectorOther
  • Line of businessManagement of information systems and registers of national importance
  • Institution representing the StateMinistry of the Economy and Innovation
  • Special obligationsPerformes non-commercial special obligations
  • Share belonging to the State100%
  • Contacts http://www.registrucentras.lt/
Return to the State

58 EUR thousand

ROE

0.8%

Number of employees

1,611

Financial data provided as at end-December 2023

Management

  • Adrijus JusasChief Executive Officer

Information as of: 2024/12/02

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Dangirutis JanušasIndependent member; UAB Verslo konsultacijų spektras; AB Giraitės ginkluotės gamykla; VĮ Žemės ūkio duomenų centras; UAB „Glass“

MEMBERS OF THE BOARD OF DIRECTORS

  • Laurynas PacenkaIndependent member; MB Finit; UAB FSQUARE
  • Redvita ČetkauskienėIndependent member; AB Regitra
  • Ieva BacytėVĮ Registrų centras
  • Nerijus ŠeputisIndependent member; AB Telia Lietuva
  • Inga SteponavičienėMinistry of the Economy and Innovation

Information as of: 2024/12/02

VMU
ltg
RC
LP
TB
IGN
KN
IAE
EPSO