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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

The company was founded on July 2, 1991 as the state road company Problematika. On March 14, 1995, the legal form was changed to a State Enterprise. As of April 1, 2011, the State Enterprise was transformed into a joint stock company. On July 7, 2021, the name of the company was changed to VIAMATIKA.
Areas of activity of the company:
– testing and analysis of the quality of road construction materials, products;
– maintenance of roads, bridges, airports, railways and other objects belonging to the group of transport communications;
– certification of construction products;
– cadastral surveys;
– other engineering-technological activities.

         2023/24 GOOD CORPORATE GOVERNANCE INDEX

         

         2022/23 GOOD CORPORATE GOVERNANCE INDEX    

Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 5,748 4,744 4,913 8,207
Cost of goods sold 2,639 2,596 2,833 4,045
Gross profit (loss) 3,108 2,148 2,080 4,162
Gross profit margin 54% 45% 42% 51%
Operating expenses 974 992 1,023 1,055
Operating profit (loss) 1,635 619 383 2,420
Operating profit margin 28% 13% 8% 29%
EBITDA 2,234 1,220 976 2,967
EBITDA margin 39% 26% 20% 36%
Net profit (loss) 1,487 631 426 2,101
Net profit margin 26% 13% 9% 26%
2021-06 2022-06 2023-06 2024-06
Revenue 1,837 1,275 3,232 3,761
Cost of goods sold 1,094 1,209 1,619 1,946
Gross profit (loss) 743 66 1,613 1,815
Gross profit margin 40% 5% 50% 48%
Operating expenses 430 469 449 540
Operating profit (loss) 55 -726 861 929
Operating profit margin 3% -57% 27% 25%
EBITDA 335 -419 1,137 1,208
EBITDA margin 18% -33% 35% 32%
Net profit (loss) 92 -645 920 845
Net profit margin 5% -51% 28% 22%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2020 2021 2022 2023
Non-current assets 5,767 5,439 5,098 4,887
Intangible assets 3 4 1 18
Tangible assets 5,622 5,307 4,991 4,808
Financial assets
Other non-current assets 141 128 106 61
Current assets 2,262 1,157 1,320 3,200
Inventories and prepaid expenses 39 9 5 14
Accounts receivable in one year 434 877 1,216 1,744
Other current assets
Cash and cash equivalents 1,789 271 98 1,442
Total assets 8,076 6,694 6,506 8,179
Equity 6,493 5,417 5,212 7,003
Grants and subsidies
Liabilities 1,555 1,263 1,237 1,126
Financial liabilities 938 760 711 259
Long-term liabilities 668 524 381 106
Short-term liabilities 887 739 856 1,020
Equity and liabilities 8,076 6,694 6,506 8,179
2021-06 2022-06 2023-06 2024-06
Non-current assets 5,457 5,316 4,918 4,833
Intangible assets 2 2 1 15
Tangible assets 5,313 5,186 4,811 4,757
Financial assets 0 0 0 0
Other non-current assets 141 128 106 61
Current assets 72 89 96 112
Inventories and prepaid expenses 239 16 24 18
Accounts receivable in one year 1,177 1,156 2,089 2,162
Other current assets 0 0 0 0
Cash and cash equivalents 36 40 472 1,109
Total assets 6,980 6,617 7,599 8,234
Equity 4,894 4,141 5,821 6,397
Grants and subsidies 0 0 0 0
Liabilities 2,061 2,462 1,723 1,836
Financial liabilities 1,056 1,209 425 183
Long-term liabilities 668 557 381 97
Short-term liabilities 1,393 1,905 1,342 1,740
Equity and liabilities 6,980 6,617 7,599 8,234

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) 19% 9% 6% 29%
Return on equity (ROE) 24% 11% 8% 34%
Return on capital employed (ROCE) 23% 10% 7% 34%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.12 0.11 0.11 0.03
Current Ratio 2.55 1.56 1.54 3.14
Quick ratio 2.51 1.55 1.54 3.12
Turnover ratios
Asset turnover 0.71 0.71 0.76 1.00
Fixed asset turnover 1.00 0.87 0.96 1.68
Equity turnover 0.89 0.88 0.94 1.17
Profitability ratios
EBITDA margin 39% 26% 20% 36%
Operating profit margin 28% 13% 8% 29%
Net profit margin 26% 13% 9% 26%
Other ratios
Dividends to the State 1,706.00 631.00 310.90 1,450.40
Dividends paid / net profit 1.15 1.00 0.73 0.69

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand

2021-06 2022-06 2023-06 2024-06
Capital return ratios
Return on assets (ROA) 21% -2% 28% 26%
Return on equity (ROE) 29% -2% 40% 33%
Return on capital employed (ROCE) 1% -15% 14% 14%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.15 0.18 0.06 0.02
Current Ratio 1.04 0.64 1.93 1.89
Quick ratio 0.87 0.63 1.91 1.88
Turnover ratios
Asset turnover 0.26 0.19 0.43 0.46
Fixed asset turnover 0.34 0.24 0.66 0.78
Equity turnover 0.38 0.31 0.56 0.59
Profitability ratios
EBITDA margin 18% -33% 35% 32%
Operating profit margin 3% -57% 27% 25%
Net profit margin 5% -51% 28% 22%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2023 m. 6 mėn. tarpinės ataskaitos 2023 m. metinės ataskaitos
2022 m. 6 mėn. tarpinės ataskaitos 2022 m. metinės ataskaitos
2021 m. 6 mėn. tarpinės ataskaitos 2021 m. metinės ataskaitos
2020 m. 6 mėn. tarpinės ataskaitos 2020 m. metinės ataskaitos
2019 m. metinės ataskaitos 2019 m. 6 mėn. tarpinės ataskaitos
2018 m. metinės ataskaitos 2018 m. 6 mėn. tarpinės ataskaitos
2017 m. 6 mėn. tarpinės ataskaitos 2017 m. metinės ataskaitos
2016 m. metinės ataskaitos 2016 m. 6 mėn. tarpinės ataskaitos 2016 m. 3 mėn. tarpinės ataskaitos
2015 m. 12 mėn. tarpinės ataskaitos 2015 m. 9 mėn. tarpinės ataskaitos 2015 m. 6 mėn. tarpinės ataskaitos 2015 m. 3 mėn. tarpinės ataskaitos
2014 m. metinės ataskaitos 2014 m. 12 mėn. tarpinės ataskaitos 2014 m. 3 mėn. tarpinės ataskaitos 2014 m. 9 mėn. tarpinės ataskaitos 2014 m. 6 mėn. tarpinės ataskaitos
2012 m. metinės ataskaitos
2013 m. 3 mėn. tarpinės ataskaitos 2013 m. 6 mėn. tarpinės ataskaitos 2013 m. metinės ataskaitos 2013 m. 9 mėn. tarpinės ataskaitos 2013 m. 12 mėn. tarpinės ataskaitos
2010 m. metinės ataskaitos
2011 m. metinės ataskaitos

Expectations of the state

Key performance indicator
Letter of Expectations

About the company

  • Official nameAB „VIAMATIKA“
  • Legal formPublic limited liability company (AB)
  • Company code120721845
  • SectorOther
  • Line of businessConstruction analytics
  • Institution representing the StateMinistry of Transport and Communications
  • Share belonging to the State100%
https://viamatika.lt/
Return to the State

1.5 EUR milion

ROE

34.4%

Number of employees

95

Financial data provided as at end-December 2023

Management

  • Anatolijus JadovasChief Executive officer

Information as of: 2024/11/04

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Paulius ArštikysIndependent member; UAB Pažinimo medis; UAB Švykų ministerija

MEMBERS OF THE BOARD OF DIRECTORS

  • Rolandas OginskasIndependent member; AB LTG Infra
  • Evelina VerikienėMinistry of Transport and Communications

Information as of: 2024/11/04

VMU
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RC
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IGN
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