Smiltynės perkėla
AB “Smiltynės perkėla” is a inland waterway transport company registered in the year 1991. The main activity of the company is transfer of passengers and vehicles to ferries through the Curonian Lagoon. The other activities include the rental of the ferry, premises and advertising spaces.
Financial results
P/L Statment
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Revenue | 4,836 | 4,953 | 4,985 | 4,878 |
| Cost of goods sold | 2,633 | 2,900 | 2,562 | 2,342 |
| Gross profit (loss) | 2,203 | 2,053 | 2,424 | 2,536 |
| Gross profit margin | 46% | 41% | 49% | 52% |
| Operating expenses | 1,407 | 1,518 | 1,879 | 1,854 |
| Operating profit (loss) | 796 | 535 | 545 | 682 |
| Operating profit margin | 16% | 11% | 11% | 14% |
| EBITDA | 2,097 | 1,820 | 1,813 | 1,972 |
| EBITDA margin | 43% | 37% | 36% | 40% |
| Net profit (loss) | 691 | 527 | 655 | 763 |
| Net profit margin | 14% | 11% | 13% | 16% |
| 2018-06 | 2019-06 | 2020-06 | 2021-06 | |
|---|---|---|---|---|
| Revenue | 2,129 | 2,119 | 1,835 | 2,042 |
| Cost of goods sold | 1,491 | 1,204 | 1,093 | 1,092 |
| Gross profit (loss) | 638 | 916 | 742 | 950 |
| Gross profit margin | % | % | 43% | 47% |
| Operating expenses | 741 | 965 | 853 | 877 |
| Operating profit (loss) | -103 | -50 | -111 | 72 |
| Operating profit margin | % | % | -2% | 4% |
| EBITDA | 628 | 632 | ||
| EBITDA margin | % | % | 30% | 31% |
| Net profit (loss) | -92 | 64 | -33 | 86 |
| Net profit margin | % | % | 3% | 4% |
Balance sheet
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Non-current assets | 6,127 | 5,924 | 4,440 | 4,413 |
| Intangible assets | 35 | 10 | 28 | 98 |
| Tangible assets | 6,092 | 5,314 | 4,413 | 4,315 |
| Financial assets | 600 | |||
| Other non-current assets | ||||
| Current assets | 2,509 | 3,705 | 5,203 | 4,878 |
| Inventories and prepaid expenses | 54 | 64 | 104 | 72 |
| Accounts receivable in one year | 65 | 1,105 | 1,339 | 244 |
| Other current assets | 100 | 100 | 1,103 | |
| Cash and cash equivalents | 2,290 | 2,436 | 2,657 | 4,563 |
| Total assets | 8,691 | 9,677 | 9,685 | 9,312 |
| Equity | 7,072 | 7,077 | 7,335 | 7,621 |
| Grants and subsidies | ||||
| Liabilities | 1,619 | 1,451 | 1,012 | 1,494 |
| Financial liabilities | 922 | 248 | 546 | |
| Long-term liabilities | 248 | 528 | ||
| Short-term liabilities | 674 | 873 | 537 | 649 |
| Equity and liabilities | 8,691 | 9,677 | 9,685 | 9,312 |
| 2019-06 | 2020-06 | 2021-06 | |
|---|---|---|---|
| Non-current assets | 5,434 | 5,881 | 6,169 |
| Intangible assets | 5 | 102 | 80 |
| Tangible assets | 4,827 | 5,779 | 6,089 |
| Financial assets | 601 | ||
| Other non-current assets | |||
| Current assets | 4,084 | 3,792 | 4,249 |
| Inventories and prepaid expenses | 67 | 132 | 91 |
| Accounts receivable in one year | 1,715 | 1,781 | 725 |
| Other current assets | 100 | 1,104 | |
| Cash and cash equivalents | 2,201 | 775 | 3,433 |
| Total assets | 9,542 | 9,702 | 10,451 |
| Equity | 6,744 | 6,825 | 7,162 |
| Grants and subsidies | |||
| Liabilities | 1,460 | 1,538 | 3,100 |
| Financial liabilities | 496 | 1,834 | |
| Long-term liabilities | 496 | 1,834 | |
| Short-term liabilities | 193 | 9 | |
| Equity and liabilities | 9,542 | 9,702 | 10,451 |
Financial ratios
| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Capital return ratios | |||
| Return on assets (ROA) | 6% | 7% | 8% |
| Return on equity (ROE) | 7% | 9% | 10% |
| Return on capital employed (ROCE) | 14% | 17% | 21% |
| Capital structure and liquidity ratios | |||
| Debt / asset ratio (D/A) | 0.04 | 0.07 | |
| Current Ratio | 4.24 | 9.69 | 7.52 |
| Quick ratio | 4.17 | 9.50 | 7.41 |
| Turnover ratios | |||
| Asset turnover | 0.54 | 0.51 | 0.51 |
| Fixed asset turnover | 0.82 | 0.96 | 1.10 |
| Equity turnover | 0.70 | 0.69 | 0.65 |
| Profitability ratios | |||
| EBITDA margin | 37% | 36% | 40% |
| Operating profit margin | 11% | 11% | 14% |
| Net profit margin | 11% | 13% | 16% |
| Other ratios | |||
| Dividends to the State | 393.13 | 471.75 | 540.55 |
| Dividends paid / net profit | 0.75 | 0.72 | 0.71 |
| 2019-06 | 2020-06 | 2021-06 | |
|---|---|---|---|
| Capital return ratios | |||
| Return on assets (ROA) | % | % | 9% |
| Return on equity (ROE) | % | % | 13% |
| Return on capital employed (ROCE) | -12% | 2% | 2% |
| Capital structure and liquidity ratios | |||
| Debt / asset ratio (D/A) | 0.07 | 0.26 | |
| Current Ratio | 21.14 | 466.18 | |
| Quick ratio | 20.79 | 456.20 | |
| Turnover ratios | |||
| Asset turnover | 0.44 | 0.19 | 0.20 |
| Fixed asset turnover | 0.78 | 0.32 | 0.34 |
| Equity turnover | 0.63 | 0.27 | 0.29 |
| Profitability ratios | |||
| EBITDA margin | % | 30% | 31% |
| Operating profit margin | % | -2% | 4% |
| Net profit margin | % | 3% | 4% |
| 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. 9 mėn. tarpinės ataskaitos
2014 m. 3 mėn. tarpinės ataskaitos
2014 m. 6 mėn. tarpinės ataskaitos
Expectations of the state
Target return on equity
6.2%
About the company
- Official nameAB Smiltynės perkėla
- Legal formPublic limited liability company (AB)
- Company code140285526
- SectorTransport and Communications
- Line of businessTransportation of passengers by ferries
- Institution representing the StateMinistry of Transport and Communications
- Share belonging to the State98.99%
Return to the State
541 EUR thousand
ROE
10.2%
Number of employees
91
Financial data provided as at end-December 2020
Management
- Mindaugas ČiakasDirector General
Information as of: 2021/10/01
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Valdemaras VaičekauskasUAB Hortus Investment Banking; Independent member
MEMBERS OF THE BOARD OF DIRECTORS
- Jovita RazgutėMinistry of Transport and Communications
- Kęstutis MotiejūnasUAB Investicijų ir verslo garantijos; Independent member
Information as of: 2021/10/01
