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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

The State Enterprise Regitra was established in 2000. Its main activities are the processing of data in the registers of road vehicles and drivers of road vehicles of the Republic of Lithuania, the registration of motor vehicles and their trailers, the examination of vehicle drivers, and the issuance of driving licences. From 2020, the company administers the vehicle registration tax and, from 2021, the information system for the registration of vehicle owners. In addition, Regitra ensures the exchange of data relating to motor vehicles with other EU countries.

KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022-2024

  • Average annual net profit:
    • 2022–2024 ≥ 2,7 ml. Eur
  • Annual ratio of financial debt to equity:
    • 2022–2024 ≤ 0,04 times

TARGETED SPECIFIC INDICATORS FOR THE PERIOD 2022-2024

  • EBITDA, ml. EUR::
    • 2022 – 4,66
    • 2023 – 5,05
    • 2024 – 5,71
  • Share of services provided through digital channels,%:
    • 2022 – 10
    • 2023 – 15
    • 2024 – 20
  • Percentage of customers who positively evaluate the company’s services:
    • 2022-2024 ≥ 91
  • Voluntary turnover of employees,%:
    • 2022-2024 ≤ 10

        2021/22 GOOD CORPORATE GOVERNANCE INDEX    

        2020/21 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

2018 2019 2020 2021
Revenue 26,326 27,493 22,704 24,516
Cost of goods sold 17,989 18,084 14,919 15,527
Gross profit (loss) 8,338 9,409 7,784 8,989
Gross profit margin 32% 34% 34% 37%
Operating expenses 3,893 4,233 4,329 5,108
Operating profit (loss) 4,445 5,176 3,455 3,880
Operating profit margin 17% 19% 15% 16%
EBITDA 5,967 7,586 5,280 5,938
EBITDA margin 23% 28% 23% 24%
Net profit (loss) 3,912 4,451 2,922 3,375
Net profit margin 15% 16% 13% 14%
2019-06 2020-06 2021-06 2022-06
Revenue 13,451 10,537 11,423 13,362
Cost of goods sold 8,599 6,883 6,801 7,897
Gross profit (loss) 4,852 3,654 4,621 5,465
Gross profit margin % % % %
Operating expenses 1,962 2,061 2,311 2,574
Operating profit (loss) 2,890 1,594 2,310 2,890
Operating profit margin % % % %
EBITDA 4,058 2,418 3,319 3,923
EBITDA margin 30% 23% 29% 29%
Net profit (loss) 2,479 1,357 1,941 2,463
Net profit margin 18% 13% 17% 18%

* Left axis

** Right axis

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

Balance sheet

2018 2019 2020 2021
Non-current assets 6,934 10,954 14,983 14,593
Intangible assets 126 207 211 295
Tangible assets 6,792 10,575 14,729 14,133
Financial assets
Other non-current assets 15 172 43 165
Current assets 15,541 17,507 9,855 9,930
Inventories and prepaid expenses 1,210 902 971 1,039
Accounts receivable in one year 29 209 524 176
Other current assets 7,000 10,000
Cash and cash equivalents 7,302 6,396 8,361 8,715
Total assets 22,614 28,581 25,092 24,780
Equity 20,180 21,559 17,281 16,560
Grants and subsidies
Liabilities 2,412 7,013 7,787 8,171
Financial liabilities 4,953 4,513
Long-term liabilities 1,155 3,423 5,278 4,751
Short-term liabilities 1,152 3,362 2,346 3,218
Equity and liabilities 22,614 28,581 25,092 24,780
2020-06 2021-06 2022-06
Non-current assets 13,424 14,631 14,031
Intangible assets 211 287 247
Tangible assets 13,041 14,301 13,618
Financial assets
Other non-current assets 172 43 165
Current assets 10,068 10,030 10,379
Inventories and prepaid expenses 1,161 853 1,329
Accounts receivable in one year 338 558 81
Other current assets
Cash and cash equivalents 8,569 8,619 8,969
Total assets 23,758 25,051 24,757
Equity 15,716 15,142 15,020
Grants and subsidies
Liabilities 8,042 9,905 9,737
Financial liabilities 4,903 4,078
Long-term liabilities 4,426 5,561 4,789
Short-term liabilities 3,512 4,180 4,745
Equity and liabilities 23,758 25,051 24,757

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

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 18% 18% 11% 14%
Return on equity (ROE) 19% 22% 16% 21%
Return on capital employed (ROCE) 42% 42% 32% 38%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.29 0.27
Current Ratio 13.49 5.21 4.20 3.09
Quick ratio 12.44 4.94 3.79 2.76
Turnover ratios
Asset turnover 1.16 1.07 0.85 0.98
Fixed asset turnover 3.65 3.07 1.75 1.66
Equity turnover 1.25 1.32 1.17 1.45
Profitability ratios
EBITDA margin 23% 28% 23% 24%
Operating profit margin 17% 19% 15% 16%
Net profit margin 15% 16% 13% 14%
Other ratios
Dividends to the State 3,071.40 7,200.00 4,079.89 4,003.16
Dividends paid / net profit 0.79 1.62 1.40 1.19

* Left axis

** Right axis

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

2019-06 2020-06 2021-06 2022-06
Capital return ratios
Return on assets (ROA) 18% % 15% 16%
Return on equity (ROE) 22% % 22% 27%
Return on capital employed (ROCE) 42% 16% 23% 30%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.32 0.27 0.27
Current Ratio 5.21 2.87 2.40 2.19
Quick ratio 4.94 2.54 2.20 1.91
Turnover ratios
Asset turnover 1.07 0.89 0.47 0.54
Fixed asset turnover 3.07 1.57 0.81 0.93
Equity turnover 1.32 1.34 0.74 0.89
Profitability ratios
EBITDA margin 28% 23% 29% 29%
Operating profit margin 19% % % %
Net profit margin 16% 13% 17% 18%
Other ratios
Dividends to the State 7,200.00
Dividends paid / net profit 1.62

Financial statments

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. 6 mėn. tarpinės ataskaitos 2016 m. 3 mėn. tarpinės ataskaitos 2016 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. 9 mėn. tarpinės ataskaitos
2013 m. 3 mėn. tarpinės ataskaitos 2013 m. 6 mėn. tarpinės ataskaitos 2013 m. metinės ataskaitos 2013 m. 9 mėn. tarpinės ataskaitos 2013 m. 12 mėn. tarpinės ataskaitos
2011 m. metinės ataskaitos 2011 m. 9 mėn. tarpinės ataskaitos 2011 m. 6 mėn. tarpinės ataskaitos
2010 m. metinės ataskaitos

Expectations of the state

Target return on equity undefined

Letter of Expectations

About the company

  • Official nameVĮ „Regitra“
  • Legal formState enterprise (VĮ)
  • Company code110078991
  • SectorOther
  • Line of businessRegistry of means of transportation
  • Institution representing the StateMinistry of Internal Affairs
  • Special obligationsPerformes non-commercial special obligations
  • Share belonging to the State100%
http://www.regitra.lt/
ROE

26.7%

Number of employees

545

Financial data provided as at end-December 2021

Management

  • Vaidas DominauskasDirector General

Information as of: 2023/01/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Orijana MašalėIndependent member

MEMBERS OF THE BOARD OF DIRECTORS

  • Giedrė BlazgienėAB Mano bankas; Independent member
  • Indrė GasperėMinistry of Internal Affairs
  • Povilas RuškusVĮ Regitra
  • Tomas Tumėnas„Linas Agro Group“; „Darius Zuba Holding“; „Baltic Fund Investments“; Independent member

Information as of: 2023/01/01