Žemės ūkio duomenų centras
The Agricultural Data Center of state enterprise started operating in 2023 January the 3rd after reorganizing by merging the state company Agricultural Information and Rural Business Center, the Member State Center for Remote Research and Geoinformatics “GIS-Centras” and the State Land Fund. The company took over all the rights and duties of reorganized state enterprises.
2023/24 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
| 2023 | |
|---|---|
| Revenue | 4,814 |
| Cost of goods sold | 3,715 |
| Gross profit (loss) | 1,099 |
| Gross profit margin | 23% |
| Operating expenses | 570 |
| Operating profit (loss) | 529 |
| Operating profit margin | 11% |
| EBITDA | 583 |
| EBITDA margin | 12% |
| Net profit (loss) | 483 |
| Net profit margin | 10% |
| 2021-06 | 2022-06 | 2023-06 | 2024-06 | |
|---|---|---|---|---|
| Revenue | 0 | 2,404 | 2,205 | |
| Cost of goods sold | 0 | 1,640 | 1,855 | |
| Gross profit (loss) | ||||
| Gross profit margin | % | % | 32% | 16% |
| Operating expenses | 0 | 269 | 409 | |
| Operating profit (loss) | 0 | 0 | 495 | -59 |
| Operating profit margin | % | % | % | % |
| EBITDA | 558 | 11 | ||
| EBITDA margin | % | % | 23% | 0% |
| Net profit (loss) | 0 | 0 | 493 | 41 |
| Net profit margin | % | % | 21% | 2% |
Balance sheet
| 2023 | |
|---|---|
| Non-current assets | 5,662 |
| Intangible assets | 2,141 |
| Tangible assets | 3,521 |
| Financial assets | 0 |
| Other non-current assets | 0 |
| Current assets | 7,867 |
| Inventories and prepaid expenses | 158 |
| Accounts receivable in one year | 194 |
| Other current assets | 0 |
| Cash and cash equivalents | 7,516 |
| Total assets | 13,556 |
| Equity | 2,978 |
| Grants and subsidies | 8,875 |
| Liabilities | 502 |
| Financial liabilities | 0 |
| Long-term liabilities | 0 |
| Short-term liabilities | 502 |
| Equity and liabilities | 13,556 |
| 2021-06 | 2022-06 | 2023-06 | 2024-06 | |
|---|---|---|---|---|
| Non-current assets | 0 | 0 | 6,104 | 2,724 |
| Intangible assets | 2,484 | 61 | ||
| Tangible assets | 3,620 | 2,663 | ||
| Financial assets | 0 | |||
| Other non-current assets | 0 | |||
| Current assets | 102 | 278 | ||
| Inventories and prepaid expenses | 207 | 172 | ||
| Accounts receivable in one year | 5,934 | 8,765 | ||
| Other current assets | 0 | |||
| Cash and cash equivalents | 2,911 | 2,784 | ||
| Total assets | 0 | 0 | 15,258 | 14,722 |
| Equity | 0 | 0 | 2,988 | 3,012 |
| Grants and subsidies | 10,376 | 10,143 | ||
| Liabilities | 0 | 0 | 1,137 | 966 |
| Financial liabilities | 0 | 0 | 18 | 0 |
| Long-term liabilities | 16 | |||
| Short-term liabilities | 1,121 | 966 | ||
| Equity and liabilities | 0 | 0 | 15,258 | 14,722 |
Financial ratios
| 2023 | |
|---|---|
| Capital return ratios | |
| Return on assets (ROA) | 4% |
| Return on equity (ROE) | 16% |
| Return on capital employed (ROCE) | 18% |
| Capital structure and liquidity ratios | |
| Debt / asset ratio (D/A) | 0.00 |
| Current Ratio | 15.66 |
| Quick ratio | 15.35 |
| Turnover ratios | |
| Asset turnover | 0.36 |
| Fixed asset turnover | 0.85 |
| Equity turnover | 1.62 |
| Profitability ratios | |
| EBITDA margin | 12% |
| Operating profit margin | 11% |
| Net profit margin | 10% |
| Other ratios | |
| Dividends to the State | 0.00 |
| Dividends paid / net profit | 0.00 |
| 2023-06 | 2024-06 | |
|---|---|---|
| Capital return ratios | ||
| Return on assets (ROA) | 6% | 0% |
| Return on equity (ROE) | 33% | 1% |
| Return on capital employed (ROCE) | 16% | -2% |
| Capital structure and liquidity ratios | ||
| Debt / asset ratio (D/A) | 0.00 | 0.01 |
| Current Ratio | 8.07 | 12.13 |
| Quick ratio | 7.89 | 11.95 |
| Turnover ratios | ||
| Asset turnover | 0.16 | 0.15 |
| Fixed asset turnover | 0.39 | 0.81 |
| Equity turnover | 0.80 | 0.73 |
| Profitability ratios | ||
| EBITDA margin | 23% | 0% |
| Operating profit margin | 21% | -3% |
| Net profit margin | 21% | 2% |
| Other ratios | ||
| Dividends to the State | ||
| Dividends paid / net profit |
Expectations of the state
About the company
- Official nameVĮ Žemės ūkio duomenų centra
- Legal formState enterprise (VĮ)
- Company code306205513
- SectorOther
- Line of businessThe company took over all the rights and duties of reorganized state enterprises.
- Institution representing the StateMinistry of Agriculture
- Share belonging to the State100%
ROE
18.8%
Number of employees
405
Financial data provided as at end-December 2023
Management
- Algirdas JuozaponisChief Executive Officer
Information as of: 2024/10/01
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Paulius MartinkusIndependent Member; BĮ Valstybinė maisto ir veterinarijos tarnyba; AB Vilniaus šilumos tinklai; VĮ Valstybinių miškų urėdija
MEMBERS OF THE BOARD OF DIRECTORS
- Nerijus AdomaitisIndependent member; UAB EPSO-G
- Kristina Indriošienė Ministry of Agriculture
- Dangirutis JanušasIndependent member; UAB Verslo konsultacijų spektras; AB Giraitės ginkluotės gamykla; VĮ Registrų centras
- Elena BanevičienėVĮ Žemės ūkio duomenų centras
Information as of: 2024/10/01
