TETAS
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 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 14,683 | 25,793 | 32,936 | 78,746 |
| Cost of goods sold | 14,856 | 25,004 | 32,778 | 84,297 |
| Gross profit (loss) | -173 | 789 | 158 | -5,551 |
| Gross profit margin | -1% | 3% | 0% | -7% |
| Operating expenses | ||||
| Operating profit (loss) | -173 | 789 | 158 | -5,551 |
| Operating profit margin | -1% | 3% | 0% | -7% |
| EBITDA | 878 | 2,199 | 1,743 | -3,841 |
| EBITDA margin | 6% | 9% | 5% | -5% |
| Net profit (loss) | -204 | 854 | 382 | -4,528 |
| Net profit margin | -1% | 3% | 1% | -6% |
| 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 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 4,197 | 4,250 | 4,463 | 5,004 |
| Intangible assets | 130 | 197 | 210 | 139 |
| Tangible assets | 4,067 | 3,952 | 4,253 | 4,199 |
| Financial assets | ||||
| Other non-current assets | 101 | 666 | ||
| Biological assets | ||||
| Current assets | 3,871 | 7,190 | 27,708 | 13,076 |
| Inventories and prepaid expenses | 553 | 1,894 | 10,883 | 3,371 |
| Accounts receivable in one year | 3,132 | 4,436 | 16,738 | 9,658 |
| Other current assets | ||||
| Cash and cash equivalents | 186 | 860 | 87 | 47 |
| Total assets | 8,397 | 11,926 | 32,657 | 18,987 |
| Equity | 515 | 1,369 | 1,751 | 1,031 |
| Minority share of capital | ||||
| Grants and subsidies | ||||
| Liabilities | 7,464 | 9,930 | 11,134 | 16,748 |
| Financial liabilities | 4,025 | 3,783 | 1,491 | 10,382 |
| Long-term liabilities | 1,908 | 912 | 946 | 3,665 |
| Short-term liabilities | 5,556 | 9,018 | 10,188 | 11,577 |
| Equity and liabilities | 8,397 | 11,926 | 32,657 | 18,987 |
| Non-current assets |
| Intangible assets |
| Tangible assets |
| Financial assets |
| Other non-current assets |
| Current assets |
| Inventories and prepaid expenses |
| Accounts receivable in one year |
| Other current assets |
| Cash and cash equivalents |
| Total assets |
| Equity |
| Grants and subsidies |
| Liabilities |
| Financial liabilities |
| Long-term liabilities |
| Short-term liabilities |
| Equity and liabilities |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | 8% | 2% | -18% |
| Return on equity (ROE) | -40% | 91% | 24% | -326% |
| Return on capital employed (ROCE) | -5% | 77% | 5% | -136% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 7.82 | 2.76 | 0.85 | 10.07 |
| Current Ratio | 0.70 | 0.80 | 2.72 | 1.13 |
| Quick ratio | 0.60 | 0.59 | 1.65 | 0.84 |
| Turnover ratios | ||||
| Asset turnover | 3.50 | 2.54 | 1.48 | 3.05 |
| Fixed asset turnover | 7.00 | 6.11 | 7.56 | 16.64 |
| Equity turnover | 57.02 | 27.38 | 21.11 | 56.61 |
| Profitability ratios | ||||
| EBITDA margin | 6% | 9% | 5% | -5% |
| Operating profit margin | -1% | 3% | 0% | -7% |
| Net profit margin | -1% | 3% | 1% | -6% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
| 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%
ROE
-325.5%
Number of employees
410
Financial data provided as at end-December 2022
Management
- Ramūnas PapinigisChief Executive Officer
Information as of: 2023/11/03
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Darius KašauskasUAB EPSO-G
MEMBERS OF THE BOARD OF DIRECTORS
- Ieva KuodėUAB EPSO-G; BALTPOOL UAB; UAB "Vilniaus apšietimas"
- Tomas AstrauskasIndependent member, UAB "Dextall LT"
- Elida DrapienėUAB EPSO-G
- Vytautas LisauskasIndependent member; SIC Global Textiles
Information as of: 2023/11/03
