Valstybės investicinis kapitalas
UAB “Valstybės investicinis kapitalas” is a specialised state investment company whose objective is to promote Lithuania’s economic growth and finance strategically important sectors of the country.
The company’s securities are listed on the NASDAQ Vilnius stock exchange. Investments have been made through the “Business Support Fund” and “EPSO-G Invest” with the aim of restoring the country’s economic potential and developing strategic security and defence projects.
Financial results
P/L Statment
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of goods sold | ||||
| Gross profit (loss) | 0 | 0 | 0 | 0 |
| Gross profit margin | % | % | % | % |
| Operating expenses | 242 | 159 | 183 | 289 |
| Operating profit (loss) | -392 | 45 | -431 | -129 |
| Operating profit margin | % | % | % | % |
| EBITDA | -264 | -251 | 19,804 | 9,137 |
| EBITDA margin | % | % | % | % |
| Net profit (loss) | -5,124 | -12,107 | 18,809 | 8,136 |
| Net profit margin | % | % | % | % |
| 2022-06 | 2023-06 | 2024-06 | 2025-06 | |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of goods sold | 0 | 0 | 0 | 0 |
| Gross profit (loss) | 0 | 0 | 0 | 0 |
| Gross profit margin | % | % | % | % |
| Operating expenses | 187 | 159 | 106 | 194 |
| Operating profit (loss) | -187 | -159 | -106 | -194 |
| Operating profit margin | % | % | % | % |
| EBITDA | -187 | -159 | 4,662 | 365 |
| EBITDA margin | % | % | % | % |
| Net profit (loss) | -16,639 | 9,728 | 4,165 | -82 |
| Net profit margin | % | % | % | % |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 142,269 | 179,992 | 198,442 | 188,280 |
| Intangible assets | ||||
| Tangible assets | ||||
| Financial assets | 142,264 | 179,922 | 198,410 | 188,275 |
| Other non-current assets | 5 | 70 | 32 | 5 |
| Current assets | 586 | 1,389 | 1,773 | 20,118 |
| Inventories and prepaid expenses | ||||
| Accounts receivable in one year | ||||
| Other current assets | 0 | 0 | ||
| Cash and cash equivalents | 586 | 1,389 | 1,773 | 20,118 |
| Total assets | 143,014 | 181,424 | 200,258 | 208,432 |
| Equity | 93,174 | 81,067 | 99,876 | 108,012 |
| Grants and subsidies | ||||
| Liabilities | 49,840 | 100,357 | 100,382 | 100,420 |
| Financial liabilities | 49,831 | 100,324 | 100,362 | 100,406 |
| Long-term liabilities | 49,831 | 99,833 | 99,871 | 24,971 |
| Short-term liabilities | 10 | 525 | 512 | 75,450 |
| Equity and liabilities | 143,014 | 181,424 | 200,258 | 208,432 |
| 2022-06 | 2023-06 | 2024-06 | 2025-06 | |
|---|---|---|---|---|
| Non-current assets | 150,817 | 190,303 | 203,188 | 180,666 |
| Intangible assets | 0 | 0 | 0 | 0 |
| Tangible assets | 0 | 0 | 0 | 0 |
| Financial assets | 150,812 | 190,252 | 203,170 | 162,286 |
| Other non-current assets | 5 | 51 | 19 | 18,380 |
| Current assets | 25,508 | 393 | 797 | 2,200 |
| Inventories and prepaid expenses | 0 | 0 | 0 | 0 |
| Accounts receivable in one year | 0 | 0 | 0 | 0 |
| Other current assets | 0 | 0 | 0 | 1,000 |
| Cash and cash equivalents | 25,508 | 393 | 797 | 1,200 |
| Total assets | 176,449 | 190,736 | 204,020 | 182,884 |
| Equity | 76,535 | 90,795 | 104,041 | 107,896 |
| Grants and subsidies | 0 | 0 | 0 | 0 |
| Liabilities | 99,915 | 99,941 | 99,979 | 74,988 |
| Financial liabilities | 99,896 | 99,861 | 99,902 | 74,951 |
| Long-term liabilities | 99,896 | 99,861 | 74,902 | 24,972 |
| Short-term liabilities | 19 | 80 | 25,077 | 50,016 |
| Equity and liabilities | 176,449 | 190,736 | 204,020 | 182,884 |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -4% | -7% | 10% | 4% |
| Return on equity (ROE) | -5% | -14% | 21% | 8% |
| Return on capital employed (ROCE) | -0% | -0% | -0% | -0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.35 | 0.55 | 0.50 | 0.48 |
| Current Ratio | 61.01 | 2.65 | 3.46 | 0.27 |
| Quick ratio | 61.01 | 2.65 | 3.46 | 0.27 |
| Turnover ratios | ||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Profitability ratios | ||||
| EBITDA margin | % | % | % | % |
| Operating profit margin | % | % | % | % |
| Net profit margin | % | % | % | % |
| Other ratios | ||||
| Dividends to the State | 0.00 | 0.00 | 0.00 | 34.10 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
| 2022-06 | 2023-06 | 2024-06 | 2025-06 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -16% | 8% | 7% | 2% |
| Return on equity (ROE) | -25% | 17% | 14% | 4% |
| Return on capital employed (ROCE) | -0% | -0% | -0% | -0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.57 | 0.52 | 0.49 | 0.41 |
| Current Ratio | 1,378.83 | 4.90 | 0.03 | 0.04 |
| Quick ratio | 1,378.83 | 4.90 | 0.03 | 0.04 |
| Turnover ratios | ||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity turnover | 0.00 | 0.00 | 0.00 | 0.00 |
| Profitability ratios | ||||
| EBITDA margin | % | % | % | % |
| Operating profit margin | % | % | % | % |
| Net profit margin | % | % | % | % |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
Financial statments
Expectations of the state
About the company
- Official nameUAB „Valstybės investicinis kapitalas“
- Legal formPrivate limited liability company (UAB)
- Company code305611945
- SectorOther
- Line of businessBusiness support fund administration
- Institution representing the StateMinistry of Finance
- Share belonging to the State100%
- Contacts https://www.vika.lt/
Return to the State
34 EUR thousand
ROE
7.8%
Number of employees
1
Financial data provided as at end-December 2024
Management
- Vaidas DaktariūnasChief Executive officer
Term of office expires: 2030/01/27
The information is relevant
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Jolanta Diaukštienė Independent member
MEMBERS OF THE BOARD OF DIRECTORS
- Mindaugas KekysIndependent member
- Edmundas KiškisMinistry of Finance
Term of office expires: 2028/11/26
The information is relevant
