Šilutės veislininkystė

Private limited liability company “Šilutės veislininkystė” was registered in 1998. The company’s economic activity is the production and assessment of fattening bulls in terms of meat qualities. The company also carries out animal trade for breeding and meat.
KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022-2024
- Average annual return on equity ROE:
- 2022–2024 ≥ 1,5 percent.
- Annual ratio of total liabilities to equity:
- 2022–2024 ≤ 0,4 times
- Average dividends for the calendar year:
- 2022–2024 ≥ 80 percent.
- 2022–2024 ≥ 80 percent.
TARGETED SPECIFIC INDICATORS FOR THE PERIOD 2022-2024
- Net profitability,%:
- 2022 – 2,1
- 2023 – 3,2
- 2024 – 3,5
- Evaluation of cattle, units:
- 2022 – 180
- 2023 – 200
- 2024 – 200
- Sales revenue, thousand EUR:
- 2022 – 289
- 2023 – 335
- 2024 – 348
- Good governance index:
- 2022 – B
- 2023-2024 – A
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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 303 | 532 | 456 | 540 |
Cost of goods sold | 188 | 562 | 468 | 424 |
Gross profit (loss) | 115 | -30 | -11 | 116 |
Gross profit margin | 38% | -6% | -2% | 21% |
Operating expenses | 99 | 110 | 85 | 86 |
Operating profit (loss) | 13 | -142 | -97 | 29 |
Operating profit margin | 4% | -27% | -21% | 5% |
EBITDA | 95 | -71 | -28 | 87 |
EBITDA margin | 31% | -13% | -6% | 16% |
Net profit (loss) | 11 | -145 | -102 | 26 |
Net profit margin | 4% | -27% | -22% | 5% |
2019-06 | 2020-06 | 2021-06 | 2022-06 | |
---|---|---|---|---|
Revenue | 120 | 85 | 210 | 222 |
Cost of goods sold | 86 | 82 | 214 | 161 |
Gross profit (loss) | 34 | 3 | -5 | 60 |
Gross profit margin | % | % | % | % |
Operating expenses | 54 | 62 | 46 | 45 |
Operating profit (loss) | -20 | -59 | -51 | 15 |
Operating profit margin | % | % | % | % |
EBITDA | 16 | -23 | -16 | 45 |
EBITDA margin | 13% | -27% | -8% | 20% |
Net profit (loss) | -24 | -61 | -52 | 14 |
Net profit margin | -20% | -72% | -25% | 6% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 617 | 549 | 487 | 435 |
Intangible assets | ||||
Tangible assets | 617 | 549 | 487 | 435 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 677 | 499 | 374 | 379 |
Inventories and prepaid expenses | 580 | 341 | 164 | 199 |
Accounts receivable in one year | 68 | 20 | 122 | 83 |
Other current assets | 0 | |||
Cash and cash equivalents | 29 | 139 | 88 | 98 |
Total assets | 1,295 | 1,049 | 861 | 814 |
Equity | 555 | 409 | 308 | 334 |
Grants and subsidies | 450 | 447 | 413 | 382 |
Liabilities | 290 | 192 | 140 | 98 |
Financial liabilities | 195 | 166 | 106 | 35 |
Long-term liabilities | 139 | 6 | 35 | |
Short-term liabilities | 152 | 186 | 105 | 98 |
Equity and liabilities | 1,294 | 1,049 | 861 | 814 |
2020-06 | 2021-06 | 2022-06 | |
---|---|---|---|
Non-current assets | 582 | 521 | 457 |
Intangible assets | |||
Tangible assets | 582 | 521 | 457 |
Financial assets | |||
Other non-current assets | |||
Current assets | 606 | 429 | 358 |
Inventories and prepaid expenses | 538 | 284 | 227 |
Accounts receivable in one year | 66 | 106 | 105 |
Other current assets | |||
Cash and cash equivalents | 2 | 39 | 25 |
Total assets | 1,188 | 950 | 815 |
Equity | 493 | 358 | 321 |
Grants and subsidies | 439 | 430 | 398 |
Liabilities | 255 | 163 | 96 |
Financial liabilities | 206 | 131 | 61 |
Long-term liabilities | 166 | 6 | 35 |
Short-term liabilities | 90 | 157 | 61 |
Equity and liabilities | 1,188 | 950 | 815 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 1% | -12% | -11% | 3% |
Return on equity (ROE) | 2% | -30% | -28% | 8% |
Return on capital employed (ROCE) | 2% | -34% | -28% | 9% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.15 | 0.16 | 0.12 | 0.04 |
Current Ratio | 4.46 | 2.68 | 3.55 | 3.88 |
Quick ratio | 0.64 | 0.85 | 1.99 | 1.85 |
Turnover ratios | ||||
Asset turnover | 0.23 | 0.51 | 0.53 | 0.66 |
Fixed asset turnover | 0.49 | 0.97 | 0.94 | 1.24 |
Equity turnover | 0.55 | 1.30 | 1.48 | 1.62 |
Profitability ratios | ||||
EBITDA margin | 31% | -13% | -6% | 16% |
Operating profit margin | 4% | -27% | -21% | 5% |
Net profit margin | 4% | -27% | -22% | 5% |
Other ratios | ||||
Dividends to the State | 0.00 | 0.00 | 0.00 | 0.00 |
Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
2019-06 | 2020-06 | 2021-06 | 2022-06 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 1% | % | -14% | -4% |
Return on equity (ROE) | 2% | % | -38% | -11% |
Return on capital employed (ROCE) | 2% | -11% | -13% | 4% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.35 | 0.37 | 0.34 | 0.19 |
Current Ratio | 4.46 | 6.77 | 2.74 | 5.85 |
Quick ratio | 0.64 | 0.75 | 0.93 | 2.13 |
Turnover ratios | ||||
Asset turnover | 0.22 | 0.14 | 0.20 | 0.25 |
Fixed asset turnover | 0.47 | 0.29 | 0.38 | 0.45 |
Equity turnover | 0.55 | 0.34 | 0.49 | 0.65 |
Profitability ratios | ||||
EBITDA margin | 31% | -27% | -8% | 20% |
Operating profit margin | 4% | % | % | % |
Net profit margin | 4% | -72% | -25% | 6% |
Other ratios | ||||
Dividends to the State | ||||
Dividends paid / net profit |
Financial statments
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
Expectations of the state
Target return on equity undefined
About the company
- Official nameUAB „Šilutės veislininkystė“
- Legal formPrivate limited liability company (UAB)
- Company code177005858
- SectorOther
- Line of businessAnimal husbandry
- Institution representing the StateProperty bank
- Share belonging to the State96.5%
ROE
8.2%
Number of employees
7
Financial data provided as at end-December 2022
Management
- Gediminas LapinskasChief Executive Officer
Information as of: 2023/09/01