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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

Joint stock company 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.


        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 22,704 24,516 27,347 30,027
Cost of goods sold 14,919 15,527 17,209 18,327
Gross profit (loss) 7,784 8,989 10,138 11,701
Gross profit margin 34% 37% 37% 39%
Operating expenses 4,329 5,108 5,780 6,758
Operating profit (loss) 3,455 3,880 4,358 4,943
Operating profit margin 15% 16% 16% 16%
EBITDA 5,280 5,938 6,441 6,938
EBITDA margin 23% 24% 24% 23%
Net profit (loss) 2,922 3,375 3,729 4,294
Net profit margin 13% 14% 14% 14%
2020-06 2021-06 2022-06 2023-06
Revenue 10,537 11,423 13,362 14,704
Cost of goods sold 6,883 6,801 7,897 8,368
Gross profit (loss) 3,654 4,621 5,464 6,335
Gross profit margin 35% 40% 41% 43%
Operating expenses 2,061 2,311 2,574 3,029
Operating profit (loss) 1,594 2,310 2,890 3,306
Operating profit margin 15% 20% 22% 22%
EBITDA 2,418 3,319 3,923 4,300
EBITDA margin 23% 29% 29% 29%
Net profit (loss) 1,357 1,941 2,463 2,805
Net profit margin 13% 17% 18% 19%

Balance sheet

2020 2021 2022 2023
Non-current assets 14,983 14,593 14,156 13,365
Intangible assets 211 295 246 416
Tangible assets 14,729 14,133 13,695 12,724
Financial assets
Other non-current assets 43 165 216 226
Current assets 9,855 9,930 9,778 9,990
Inventories and prepaid expenses 971 1,039 1,032 603
Accounts receivable in one year 524 176 150 175
Other current assets 0 8,369
Cash and cash equivalents 8,361 8,715 8,596 843
Total assets 25,092 24,780 24,185 23,713
Equity 17,281 16,560 16,211 16,083
Grants and subsidies 76
Liabilities 7,624 7,968 7,722 7,368
Financial liabilities 4,953 4,513 4,330 3,864
Long-term liabilities 5,278 4,751 4,581 3,875
Short-term liabilities 2,346 3,218 3,142 3,493
Equity and liabilities 25,092 24,780 24,185 23,713
2020-06 2021-06 2022-06 2023-06
Non-current assets 13,424 14,631 14,031 13,650
Intangible assets 211 287 247 438
Tangible assets 13,041 14,301 13,618 12,996
Financial assets 0 0 0 0
Other non-current assets 172 43 165 216
Current assets 10,068 10,030 10,379 9,477
Inventories and prepaid expenses 1,161 853 1,329 1,142
Accounts receivable in one year 338 558 81 354
Other current assets 0 0 0 4,000
Cash and cash equivalents 8,569 8,619 8,969 3,982
Total assets 23,758 25,051 24,757 23,474
Equity 15,716 15,142 15,020 14,594
Grants and subsidies 0 0 0 0
Liabilities 7,938 9,742 9,534 8,673
Financial liabilities 0 4,903 4,078 3,994
Long-term liabilities 4,426 5,561 4,789 4,433
Short-term liabilities 3,512 4,180 4,745 4,240
Equity and liabilities 23,758 25,051 24,757 23,474

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) 11% 14% 15% 18%
Return on equity (ROE) 15% 20% 23% 27%
Return on capital employed (ROCE) 15% 18% 21% 25%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.20 0.18 0.18 0.16
Current Ratio 4.20 3.09 3.11 2.86
Quick ratio 3.79 2.76 2.78 2.69
Turnover ratios
Asset turnover 0.90 0.99 1.13 1.27
Fixed asset turnover 1.52 1.68 1.93 2.25
Equity turnover 1.31 1.48 1.69 1.87
Profitability ratios
EBITDA margin 23% 24% 24% 23%
Operating profit margin 15% 16% 16% 16%
Net profit margin 13% 14% 14% 14%
Other ratios
Dividends to the State 4,079.89 4,003.16 4,422.50 3,436.24
Dividends paid / net profit 1.40 1.19 1.19 0.80
2020-06 2021-06 2022-06 2023-06
Capital return ratios
Return on assets (ROA) 14% 14% 16% 17%
Return on equity (ROE) 18% 23% 26% 28%
Return on capital employed (ROCE) 8% 11% 15% 17%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.20 0.16 0.17
Current Ratio 2.87 2.40 2.19 2.24
Quick ratio 2.54 2.20 1.91 1.97
Turnover ratios
Asset turnover 0.44 0.46 0.54 0.63
Fixed asset turnover 0.78 0.78 0.95 1.08
Equity turnover 0.67 0.75 0.89 1.01
Profitability ratios
EBITDA margin 23% 29% 29% 29%
Operating profit margin 15% 20% 22% 22%
Net profit margin 13% 17% 18% 19%
Other ratios
Dividends to the State
Dividends paid / net profit

Expectations of the state

About the company

  • Official nameAB „Regitra“
  • Legal formPublic limited liability company (AB)
  • 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/
Return to the State

3.4 EUR milion

ROE

27.4%

Number of employees

550

Financial data provided as at end-December 2023

Management

  • Vaidas DominauskasChief Executive Officer

Information as of: 2024/10/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Orijana MašalėIndependent member; Chairwomand of the Civil Aviation Association CAVIA; Co-founder of a start-up operating in the field of artificial intelligence; Consultant on governance, management and crisis management topics

MEMBERS OF THE BOARD OF DIRECTORS

  • Giedrė BlazgienėIndependent member; AB Mano bankas
  • Indrė GasperėMinistry of Internal Affairs
  • Kęstutis MotiejūnasIndependent member; UAB Kemalja
  • Arūnas PenkaitisIndependent member; VšĮ Centrinė Projektų Valdymo Agentūra; UAB InMedica; UAB Kardiolita

Information as of: 2024/10/01