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Valdymo koordinavimo centras Governance Coordination Centre

Indirectly Owned State Enterprises

Vilniaus lokomotyvų remonto depas (VLRD) – the company of the „Lietuvos geležinkeliai“ group was established on October 1, 2003, the largest and most advanced vehicle repair center in the region. VLRD professionally provides complex repair and modernization services for locomotives, road machines, rolling stock as well as freight and passenger wagons.

Financial results

P/L Statment

2018 2019 2020
Revenue 50,775 52,218 68,058
Cost of goods sold 17,959 41,239 59,683
Gross profit (loss) 32,816 10,979 8,375
Gross profit margin 65% 21% 12%
Operating expenses 29,000 6,558 6,654
Operating profit (loss) 3,816 4,421 1,721
Operating profit margin 8% 8% 3%
EBITDA 4,813 6,790 4,104
EBITDA margin 9% 13% 6%
Net profit (loss) 3,205 3,675 956
Net profit margin 6% 7% 1%
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

2018 2019 2020
Non-current assets 11,629 14,254 18,691
Intangible assets 78 71 317
Tangible assets 11,139 13,838 17,500
Financial assets 1 369
Other non-current assets 412 343 506
Biological assets
Current assets 22,485 35,619 30,005
Inventories and prepaid expenses 10,637 11,929 16,565
Accounts receivable in one year 10,131 19,562 12,958
Other current assets 567
Cash and cash equivalents 1,150 4,128 482
Total assets 33,160 49,906 48,727
Equity 21,729 28,609 21,875
Minority share of capital
Grants and subsidies 67 41 14
Liabilities 9,113 20,734 24,689
Financial liabilities 4,014 13,239
Long-term liabilities 990 3,480 1,940
Short-term liabilities 8,010 17,143 22,542
Equity and liabilities 34,114 49,906 48,727
Non-current assets
Intangible assets
Tangible assets
Financial assets
Other non-current assets
Biological assets
Current assets
Inventories and prepaid expenses
Accounts receivable in one year
Other current assets
Cash and cash equivalents
Total assets
Equity
Minority share of capital
Grants and subsidies
Liabilities
Financial liabilities
Long-term liabilities
Short-term liabilities
Equity and liabilities

Financial ratios

2017 2018 2019 2020
Capital return ratios
Return on assets (ROA) 13% 19% 9% 2%
Return on equity (ROE) 34% 29% 15% 4%
Return on capital employed (ROCE) -1722% 30% 27% 14%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.61
Current Ratio 1.00 2.81 2.08 1.33
Quick ratio 0.99 1.48 1.38 0.60
Turnover ratios
Asset turnover 2.07 3.06 1.26 1.38
Fixed asset turnover 6.92 8.73 4.03 4.13
Equity turnover 5.41 4.67 2.07 2.70
Profitability ratios
EBITDA margin -68% 9% 13% 6%
Operating profit margin -71% 8% 8% 3%
Net profit margin 6% 6% 7% 1%
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 „Vilniaus lokomotyvų remonto depas“
  • Legal formPrivate limited liability company (UAB)
  • Company code126280418
  • SectorTransport and Communications
  • Line of businessRepair and modernization of locomotives, road machinery, rolling stock, and freight and passenger wagons
  • Accountability„Lietuvos geležinkeliai“ group of companies
  • Share indirectly belonging to the State100%
https://vlrd.lt/lt/
ROE

3.8%

Number of employees

935

Financial data provided as at end-December 2019