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Valdymo koordinavimo centras

State Owned Enterprises

At the beginning of 2010, the company was reorganized by connecting three companies: VĮ „Lazdynų vaistinė“, VĮ „Šaltinio vaistinė“ and VĮ „Vilniaus Gedimino vaistinė“. On 30 December 2011, the company was transformed into a private limited liability company. The main activities of „Universiteto vaistinė“ include trade in medicinal products, food supplements, hygiene products, and the manufacture and consultation of medicines in a pharmacy.

Financial results

P/L Statment

2016 2017 2018 2019
Revenue 2,426 2,171 2,404 2,590
Cost of goods sold 1,716 1,521 1,709 1,844
Gross profit (loss) 710 651 695 746
Gross profit margin 29% 30% 29% 29%
Operating expenses 686 618 605 648
Operating profit (loss) 24 33 90 99
Operating profit margin 1% 2% 4% 4%
EBITDA 32 37 96 105
EBITDA margin 1% 2% 4% 4%
Net profit (loss) 24 29 76 82
Net profit margin 1% 1% 3% 3%
2017-06-30 2018-06-30 2019-06-30 2020-06-30
Revenue 1,143 1,165 1,308 1,072
Cost of goods sold 819 825 919 771
Gross profit (loss) 324 340 388 300
Gross profit margin 28% 29% 30% 28%
Operating expenses 315 321 317 280
Operating profit (loss) 9 19 72 21
Operating profit margin 1% 2% 5% 2%
EBITDA 11 22 75 24
EBITDA margin 1% 2% 6% 2%
Net profit (loss) 1 3 59 17
Net profit margin 1% 1% 4% 2%

Balance sheet

2016 2017 2018 2019
Non-current assets 707 718 716 718
Intangible assets 0 4 3 2
Tangible assets 707 714 713 716
Financial assets
Other non-current assets
Biological assets
Current assets 584 539 628 773
Inventories and prepaid expenses 322 294 304 354
Accounts receivable in one year 53 39 62 57
Other current assets
Cash and cash equivalents 208 207 262 362
Total assets 1,297 1,263 1,349 1,491
Equity 1,104 1,106 1,154 1,178
Minority share of capital
Grants and subsidies
Liabilities 193 157 195 313
Financial liabilities
Long-term liabilities
Short-term liabilities 193 157 195 313
Equity and liabilities 1,297 1,263 1,349 1,491
2017-06-30 2018-06-30 2019-06-30 2020-06-30
Non-current assets 706 718 716 716
Intangible assets 0 3 2 1
Tangible assets 706 714 714 715
Financial assets
Other non-current assets
Biological assets
Current assets 573 624 657 636
Inventories and prepaid expenses 304 339 345 319
Accounts receivable in one year 39 51 72 88
Other current assets
Cash and cash equivalents 230 234 241 230
Total assets 1,280 1,342 1,379 1,353
Equity 1,085 1,094 1,155 1,124
Minority share of capital
Grants and subsidies
Liabilities 195 248 224 229
Financial liabilities
Long-term liabilities
Short-term liabilities 195 248 224 229
Equity and liabilities 1,280 1,342 1,379 1,353

Financial ratios

2016 2017 2018 2019
Capital return ratios
Return on assets (ROA) 2% 2% 6% 6%
Return on equity (ROE) 2% 3% 7% 7%
Return on capital employed (ROCE) 5% 6% 16% 17%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 3.03 3.44 3.21 2.47
Quick ratio 1.36 1.57 1.66 1.34
Turnover ratios
Asset turnover 1.82 1.70 1.84 1.82
Fixed asset turnover 3.43 3.05 3.35 3.61
Equity turnover 2.16 1.96 2.13 2.22
Profitability ratios
EBITDA margin 1% 2% 4% 4%
Operating profit margin 1% 2% 4% 4%
Net profit margin 1% 1% 3% 3%
Other ratios
Dividends to the State 27.80 27.93 56.99 71.60
Dividends paid / net profit 1.18 0.96 0.75 0.88
2017-06-30 2018-06-30 2019-06-30 2020-06-30
Capital return ratios
Return on assets (ROA) 2% 3% 9% 3%
Return on equity (ROE) 3% 3% 10% 4%
Return on capital employed (ROCE) 6% 4% 12% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 3.44 2.52 2.94 2.78
Quick ratio 1.57 1.15 1.40 1.39
Turnover ratios
Asset turnover 1.70 0.89 0.96 0.78
Fixed asset turnover 3.05 1.64 1.82 1.50
Equity turnover 1.96 1.07 1.16 0.94
Profitability ratios
EBITDA margin 2% 2% 6% 2%
Operating profit margin 2% 2% 5% 2%
Net profit margin 1% 1% 4% 2%
Other ratios
Dividends to the State 27.93
Dividends paid / net profit 0.96

Expectations of the state

About the company

  • Official nameUAB Universiteto vaistinė
  • Legal formPrivate limited liability company (UAB)
  • Company code121466988
  • SectorOther
  • Line of businessPharmacies
  • Institution representing the StateMinistry of Health
  • Share belonging to the State100%
http://www.universitetovaistine.eu/
Return to the State

72 EUR thousand

ROE

7.0%

Number of employees

29

Financial data provided as at end-December 2019

Management

  • Rima LosinskajaDirector General

Information as of: 2020/10/01