Statybos produkcijos sertifikavimo centras
Statybos produkcijos sertifikavimo centras (SPSC) is an independent state enterprise established by the Ministry of Environment, which operates since 1996 years. The main objective of the company is to provide quality certification, attestation, evaluation and consulting services in accordance with the Republic of Lithuania and European laws and standards.
Financial results
P/L Statment
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Revenue | 1,083 | 1,064 | 1,249 | 1,186 |
| Cost of goods sold | 637 | 619 | 645 | 685 |
| Gross profit (loss) | 446 | 445 | 605 | 501 |
| Gross profit margin | 41% | 42% | 48% | 42% |
| Operating expenses | 371 | 318 | 272 | 292 |
| Operating profit (loss) | 75 | 126 | 333 | 208 |
| Operating profit margin | 7% | 12% | 27% | 18% |
| EBITDA | 121 | 157 | 357 | 247 |
| EBITDA margin | 11% | 15% | 29% | 21% |
| Net profit (loss) | 56 | 108 | 282 | 183 |
| Net profit margin | 5% | 10% | 23% | 15% |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Revenue | 536 | 707 | 593 | 521 |
| Cost of goods sold | 310 | 329 | 335 | 328 |
| Gross profit (loss) | 226 | 378 | 258 | 193 |
| Gross profit margin | 42% | 53% | 44% | 37% |
| Operating expenses | 148 | 124 | 132 | 127 |
| Operating profit (loss) | 78 | 253 | 126 | 66 |
| Operating profit margin | 15% | 36% | 21% | 13% |
| EBITDA | 96 | 263 | 147 | 74 |
| EBITDA margin | 18% | 37% | 25% | 14% |
| Net profit (loss) | 14 | 41 | 110 | 57 |
| Net profit margin | 12% | 30% | 19% | 11% |
Balance sheet
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Non-current assets | 245 | 216 | 243 | 225 |
| Intangible assets | 1 | 1 | 0 | 8 |
| Tangible assets | 244 | 216 | 243 | 218 |
| Financial assets | ||||
| Other non-current assets | ||||
| Biological assets | ||||
| Current assets | 887 | 1,031 | 1,186 | 1,262 |
| Inventories and prepaid expenses | 16 | 6 | 5 | 15 |
| Accounts receivable in one year | 86 | 54 | 66 | 182 |
| Other current assets | 246 | 246 | 246 | 246 |
| Cash and cash equivalents | 539 | 725 | 870 | 820 |
| Total assets | 1,150 | 1,262 | 1,446 | 1,509 |
| Equity | 882 | 962 | 1,128 | 1,101 |
| Minority share of capital | ||||
| Grants and subsidies | 91 | 76 | 70 | 114 |
| Liabilities | 176 | 222 | 246 | 293 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 176 | 222 | 246 | 293 |
| Equity and liabilities | 1,150 | 1,262 | 1,446 | 1,509 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Non-current assets | 227 | 214 | 240 | 216 |
| Intangible assets | 1 | 0 | 10 | 6 |
| Tangible assets | 226 | 214 | 230 | 210 |
| Financial assets | ||||
| Other non-current assets | ||||
| Biological assets | ||||
| Current assets | 1,054 | 1,220 | 1,146 | 1,235 |
| Inventories and prepaid expenses | 5 | 7 | 7 | 7 |
| Accounts receivable in one year | 121 | 79 | 100 | 97 |
| Other current assets | 246 | 246 | 246 | 246 |
| Cash and cash equivalents | 683 | 887 | 793 | 886 |
| Total assets | 1,281 | 1,434 | 1,390 | 1,469 |
| Equity | 920 | 1,059 | 1,029 | 963 |
| Minority share of capital | ||||
| Grants and subsidies | 83 | 73 | 85 | 114 |
| Liabilities | 278 | 301 | 277 | 392 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 278 | 301 | 277 | 392 |
| Equity and liabilities | 1,281 | 1,434 | 1,390 | 1,469 |
Financial ratios
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 5% | 9% | 21% | 13% |
| Return on equity (ROE) | 7% | 12% | 28% | 17% |
| Return on capital employed (ROCE) | 16% | 25% | 56% | 36% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 5.05 | 4.64 | 4.82 | 4.31 |
| Quick ratio | 4.96 | 4.61 | 4.80 | 4.26 |
| Turnover ratios | ||||
| Asset turnover | 0.94 | 0.88 | 0.92 | 0.80 |
| Fixed asset turnover | 3.98 | 4.61 | 5.44 | 5.06 |
| Equity turnover | 1.24 | 1.15 | 1.20 | 1.06 |
| Profitability ratios | ||||
| EBITDA margin | 11% | 15% | 29% | 21% |
| Operating profit margin | 7% | 12% | 27% | 18% |
| Net profit margin | 5% | 10% | 23% | 15% |
| Other ratios | ||||
| Dividends to the State | 28.20 | 115.35 | 210.26 | 193.81 |
| Dividends paid / net profit | 0.50 | 1.07 | 0.75 | 1.06 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 9% | 20% | 13% | 9% |
| Return on equity (ROE) | 12% | 27% | 18% | 13% |
| Return on capital employed (ROCE) | 25% | 45% | 24% | 13% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 4.64 | 4.05 | 4.14 | 3.15 |
| Quick ratio | 4.61 | 4.03 | 4.12 | 3.13 |
| Turnover ratios | ||||
| Asset turnover | 0.88 | 0.52 | 0.42 | 0.36 |
| Fixed asset turnover | 4.61 | 3.21 | 2.61 | 2.28 |
| Equity turnover | 1.15 | 0.71 | 0.57 | 0.52 |
| Profitability ratios | ||||
| EBITDA margin | 15% | 37% | 25% | 14% |
| Operating profit margin | 12% | 36% | 21% | 13% |
| Net profit margin | 10% | 30% | 19% | 11% |
| Other ratios | ||||
| Dividends to the State | 115.35 | |||
| Dividends paid / net profit | 1.07 |
Expectations of the state
Target return on equity
5.0%
About the company
- Official nameVĮ Statybos produkcijos sertifikavimo centras
- Legal formState enterprise (VĮ)
- Company code110068926
- SectorOther
- Line of businessConstruction certification, evaluation and consulting
- Institution representing the StateMinistry of Environment
- Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
- Share belonging to the State100%
Return to the State
202 EUR thousand
ROE
17.1%
Number of employees
40
Financial data provided as at end-December 2019
