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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

UAB Tetas was registered on December 8, 2005. The main shareholder of the company is AB Litgrid. The activities of UAB Tetas are related to designing of production and industrial buildings, construction, reconstruction, repair and maintenance of transformer substations and distribution points, electricity transmission lines.

 

Financial results

P/L Statment

2019 2020
Revenue 14,683 25,793
Cost of goods sold 14,856 25,004
Gross profit (loss) -173 789
Gross profit margin -1% 3%
Operating expenses
Operating profit (loss) -173 789
Operating profit margin -1% 3%
EBITDA 878 2,199
EBITDA margin 6% 9%
Net profit (loss) -204 854
Net profit margin -1% 3%
Revenue
Cost of goods sold
Gross profit (loss)
Gross profit margin
Operating expenses
Operating profit (loss)
Operating profit margin
EBITDA
EBITDA margin
Net profit (loss)
Net profit margin

Balance sheet

2019 2020
Non-current assets 4,197 4,250
Intangible assets 130 197
Tangible assets 4,067 3,952
Financial assets
Other non-current assets 101
Biological assets
Current assets 3,871 7,190
Inventories and prepaid expenses 553 1,894
Accounts receivable in one year 3,132 4,436
Other current assets
Cash and cash equivalents 186 860
Total assets 8,397 11,926
Equity 515 1,369
Minority share of capital
Grants and subsidies
Liabilities 7,464 9,930
Financial liabilities 4,025 2,971
Long-term liabilities 1,908 912
Short-term liabilities 5,556 9,018
Equity and liabilities 8,397 11,926
Non-current assets
Intangible assets
Tangible assets
Financial assets
Other non-current assets
Biological assets
Current assets
Inventories and prepaid expenses
Accounts receivable in one year
Other current assets
Cash and cash equivalents
Total assets
Equity
Minority share of capital
Grants and subsidies
Liabilities
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities

Financial ratios

2017 2019 2020
Capital return ratios
Return on assets (ROA) 6% -5% 8%
Return on equity (ROE) 9% -79% 91%
Return on capital employed (ROCE) 13% -5% 77%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.38 7.82 2.17
Current Ratio 4.77 0.70 0.80
Quick ratio 4.71 0.60 0.59
Turnover ratios
Asset turnover 0.39 3.50 2.54
Fixed asset turnover 0.54 7.00 6.11
Equity turnover 0.54 57.02 27.38
Profitability ratios
EBITDA margin 29% 6% 9%
Operating profit margin 16% -1% 3%
Net profit margin 16% -1% 3%
Other ratios
Dividends to the State 12,316.72
Dividends paid / net profit 0.72
Capital return ratios
Return on assets (ROA)
Return on equity (ROE)
Return on capital employed (ROCE)
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio
Quick ratio
Turnover ratios
Asset turnover
Fixed asset turnover
Equity turnover
Profitability ratios
EBITDA margin
Operating profit margin
Net profit margin
Other ratios
Dividends to the State
Dividends paid / net profit

About the company

  • Official nameUAB „TETAS“
  • Legal formPrivate limited liability company (UAB)
  • Company code300513148
  • SectorEnergy
  • Line of businessProduction and industrial buildings design, distribution points, power transmission lines construction, reconstruction.
  • Accountability„EPSO-G“ group of companies
  • Share indirectly belonging to the State100%
https://tetas.lt/
ROE

90.7%

Number of employees

395

Financial data provided as at end-December 2019