VIAMATIKA

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.
KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022-2024
- Average annual return on equity ROE:
- 2022–2024 ≥ 12 percent.
- Annual ratio of financial debt to equity:
- 2022–2024 limit 0,1–0,2 times
- Average dividends for the calendar year:
- 2022–2024 ≥ 65 percent. distributable profit
- 2022–2024 ≥ 65 percent. distributable profit
TARGETED SPECIFIC INDICATORS FOR THE PERIOD 2023-2025
- EBITDA margin,%:
- 2023 – 22,3
- 2024 – 22,5
- 2025 – 22,5
- Revenue not received from LAKD, ml. EUR:
- 2023 – 1,9
- 2024 – 2,0
- 2025 – 2,0
- Income per employee, thousand EUR::
- 2023 – 35,8
- 2024 – 37,2
- 2025 – 39,0
- Work performed on time,%:
- 2023-2025 > 95
- Employee recommendation index, percent of eNPs:
- 2023 – 36
- 2024 – 41
- 2025 – 46
2020 GOOD CORPORATE GOVERNANCE INDEX
2020 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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 5,138 | 5,472 | 5,748 | 4,744 |
Cost of goods sold | 3,394 | 2,495 | 2,639 | 2,596 |
Gross profit (loss) | 1,744 | 2,977 | 3,109 | 2,148 |
Gross profit margin | 34% | 54% | 54% | 45% |
Operating expenses | 1,039 | 1,566 | 1,474 | 1,529 |
Operating profit (loss) | 705 | 1,411 | 1,635 | 619 |
Operating profit margin | 14% | 26% | 28% | 13% |
EBITDA | 1,071 | 1,945 | 2,234 | 1,220 |
EBITDA margin | 21% | 36% | 39% | 26% |
Net profit (loss) | 618 | 1,180 | 1,487 | 631 |
Net profit margin | 12% | 22% | 26% | 13% |
2019-06 | 2020-06 | 2021-06 | 2022-06 | |
---|---|---|---|---|
Revenue | 1,846 | 1,691 | 1,837 | 1,275 |
Cost of goods sold | 1,033 | 947 | 1,094 | 1,209 |
Gross profit (loss) | 813 | 744 | 743 | 66 |
Gross profit margin | % | % | % | % |
Operating expenses | 735 | 685 | 689 | 792 |
Operating profit (loss) | 78 | 60 | 55 | -726 |
Operating profit margin | % | % | % | % |
EBITDA | 392 | 373 | 335 | -419 |
EBITDA margin | 21% | 22% | 18% | -33% |
Net profit (loss) | 95 | 115 | 92 | -645 |
Net profit margin | 5% | 7% | 5% | -51% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 6,583 | 6,061 | 5,767 | 5,439 |
Intangible assets | 19 | 14 | 3 | 3 |
Tangible assets | 6,414 | 5,906 | 5,622 | 5,307 |
Financial assets | ||||
Other non-current assets | 150 | 142 | 141 | 128 |
Current assets | 799 | 1,823 | 2,262 | 1,157 |
Inventories and prepaid expenses | 85 | 60 | 39 | 9 |
Accounts receivable in one year | 713 | 371 | 434 | 877 |
Other current assets | ||||
Cash and cash equivalents | 1 | 1,393 | 1,789 | 271 |
Total assets | 7,413 | 7,919 | 8,076 | 6,694 |
Equity | 6,269 | 6,112 | 6,493 | 5,417 |
Grants and subsidies | ||||
Liabilities | 1,144 | 1,807 | 1,555 | 1,263 |
Financial liabilities | 307 | 1,205 | 938 | 760 |
Long-term liabilities | 78 | 42 | 668 | 524 |
Short-term liabilities | 1,065 | 1,765 | 887 | 739 |
Equity and liabilities | 7,413 | 7,919 | 8,076 | 6,694 |
2020-06 | 2021-06 | 2022-06 | |
---|---|---|---|
Non-current assets | 5,879 | 5,457 | 5,316 |
Intangible assets | 8 | 2 | 2 |
Tangible assets | 5,729 | 5,313 | 5,186 |
Financial assets | |||
Other non-current assets | 142 | 141 | 128 |
Current assets | 896 | 1,452 | 1,212 |
Inventories and prepaid expenses | 65 | 239 | 16 |
Accounts receivable in one year | 818 | 1,177 | 1,156 |
Other current assets | |||
Cash and cash equivalents | 12 | 36 | 40 |
Total assets | 6,825 | 6,980 | 6,617 |
Equity | 5,142 | 4,894 | 4,141 |
Grants and subsidies | |||
Liabilities | 1,683 | 2,061 | 2,462 |
Financial liabilities | 1,116 | 1,056 | 1,209 |
Long-term liabilities | 42 | 668 | 557 |
Short-term liabilities | 1,641 | 1,393 | 1,905 |
Equity and liabilities | 6,825 | 6,980 | 6,617 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 7% | 15% | 19% | 9% |
Return on equity (ROE) | 8% | 19% | 24% | 11% |
Return on capital employed (ROCE) | 22% | 46% | 50% | 27% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.05 | 0.20 | 0.14 | 0.14 |
Current Ratio | 0.75 | 1.03 | 2.55 | 1.56 |
Quick ratio | 0.67 | 1.00 | 2.51 | 1.55 |
Turnover ratios | ||||
Asset turnover | 0.61 | 0.71 | 0.72 | 0.64 |
Fixed asset turnover | 0.82 | 0.87 | 0.97 | 0.85 |
Equity turnover | 0.70 | 0.88 | 0.91 | 0.80 |
Profitability ratios | ||||
EBITDA margin | 21% | 36% | 39% | 26% |
Operating profit margin | 14% | 26% | 28% | 13% |
Net profit margin | 12% | 22% | 26% | 13% |
Other ratios | ||||
Dividends to the State | 1,336.50 | 1,105.99 | 1,706.00 | 631.01 |
Dividends paid / net profit | 2.16 | 0.94 | 1.15 | 1.00 |
2019-06 | 2020-06 | 2021-06 | 2022-06 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 15% | % | 20% | -2% |
Return on equity (ROE) | 19% | % | 25% | -2% |
Return on capital employed (ROCE) | 46% | 6% | 4% | -27% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.20 | 0.22 | 0.14 | 0.29 |
Current Ratio | 1.03 | 0.55 | 1.04 | 0.64 |
Quick ratio | 1.00 | 0.51 | 0.87 | 0.63 |
Turnover ratios | ||||
Asset turnover | 0.71 | 0.50 | 0.27 | 0.19 |
Fixed asset turnover | 0.87 | 0.58 | 0.32 | 0.24 |
Equity turnover | 0.88 | 0.66 | 0.37 | 0.28 |
Profitability ratios | ||||
EBITDA margin | 36% | 22% | 18% | -33% |
Operating profit margin | 26% | % | % | % |
Net profit margin | 22% | 7% | 5% | -51% |
Other ratios | ||||
Dividends to the State | 1,105.99 | |||
Dividends paid / net profit | 0.94 |
Financial statments
Expectations of the state
Target return on equity undefined
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%
Return to the State
631 EUR thousand
ROE
10.6%
Number of employees
94
Financial data provided as at end-December 2021
Management
- Anatolijus JadovasChief Executive officer
Information as of: 2023/05/17
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Paulius ArštikysUAB Pažinimo medis; Independent member
MEMBERS OF THE BOARD OF DIRECTORS
- Rolandas OginskasLitgrid AB; Independent member
- Evelina VerikienėMinistry of Transport and Communications
Information as of: 2023/05/17