Žemės ūkio informacijos ir kaimo verslo centras
“Žemės ūkio informacijos ir kaimo verslo centras” was established in 2002, continues to be carry out “Kaimo verslo plėtros ir informacijos centras” work, that started in the year 1998. The company contributes to develop and implement the key components of the integrated Administration and Control System (IACS) parts – the agricultural and rural business register, the livestock register and the land parcel identification system.
Financial results
P/L Statment
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Revenue | 727 | 674 | 752 | 753 |
| Cost of goods sold | 124 | 184 | 155 | 213 |
| Gross profit (loss) | 603 | 490 | 596 | 540 |
| Gross profit margin | 83% | 73% | 79% | 72% |
| Operating expenses | 569 | 724 | 867 | 870 |
| Operating profit (loss) | 34 | -234 | -271 | -331 |
| Operating profit margin | 5% | -35% | -36% | -44% |
| EBITDA | 414 | 79 | -81 | -177 |
| EBITDA margin | 57% | 12% | -11% | -23% |
| Net profit (loss) | 32 | -234 | -270 | -331 |
| Net profit margin | 4% | -35% | -36% | -44% |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Revenue | 398 | 431 | 458 | 357 |
| Cost of goods sold | 89 | 112 | 105 | 109 |
| Gross profit (loss) | 309 | 319 | 353 | 248 |
| Gross profit margin | 78% | 74% | 77% | 69% |
| Operating expenses | 323 | 420 | 407 | 548 |
| Operating profit (loss) | -13 | -101 | -54 | -300 |
| Operating profit margin | -3% | -24% | -12% | -84% |
| EBITDA | 158 | -4 | 31 | -248 |
| EBITDA margin | 40% | -1% | 7% | -69% |
| Net profit (loss) | -54 | -300 | ||
| Net profit margin | -3% | -24% | -12% | -84% |
Balance sheet
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Non-current assets | 2,747 | 2,643 | 2,571 | 2,278 |
| Intangible assets | 278 | 352 | 551 | 374 |
| Tangible assets | 2,469 | 2,292 | 2,020 | 1,903 |
| Financial assets | ||||
| Other non-current assets | ||||
| Biological assets | ||||
| Current assets | 974 | 1,195 | 983 | 831 |
| Inventories and prepaid expenses | 142 | 184 | 37 | 58 |
| Accounts receivable in one year | 1 | 2 | 2 | 2 |
| Other current assets | ||||
| Cash and cash equivalents | 832 | 1,009 | 945 | 772 |
| Total assets | 3,721 | 3,839 | 3,748 | 3,346 |
| Equity | 2,342 | 2,108 | 1,838 | 1,507 |
| Minority share of capital | ||||
| Grants and subsidies | 1,083 | 1,340 | 1,456 | 1,395 |
| Liabilities | 296 | 391 | 454 | 444 |
| Financial liabilities | ||||
| Long-term liabilities | 54 | 14 | ||
| Short-term liabilities | 296 | 391 | 400 | 430 |
| Equity and liabilities | 3,721 | 3,839 | 3,748 | 3,346 |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Non-current assets | 2,484 | 2,358 | 2,265 | 2,218 |
| Intangible assets | 205 | 263 | 445 | 298 |
| Tangible assets | 2,279 | 2,095 | 1,821 | 1,919 |
| Financial assets | ||||
| Other non-current assets | ||||
| Biological assets | ||||
| Current assets | 1,942 | 1,888 | 1,990 | 1,515 |
| Inventories and prepaid expenses | 303 | 307 | 366 | 45 |
| Accounts receivable in one year | 0 | 2 | 4 | 1 |
| Other current assets | ||||
| Cash and cash equivalents | 1,639 | 1,579 | 1,620 | 1,469 |
| Total assets | 4,426 | 4,246 | 4,255 | 4,038 |
| Equity | 2,351 | 2,006 | 1,783 | 1,208 |
| Minority share of capital | ||||
| Grants and subsidies | 1,547 | 1,567 | 1,702 | 2,010 |
| Liabilities | 529 | 673 | 771 | 820 |
| Financial liabilities | ||||
| Long-term liabilities | 54 | 27 | ||
| Short-term liabilities | 529 | 673 | 717 | 794 |
| Equity and liabilities | 4,426 | 4,246 | 4,255 | 4,038 |
Financial ratios
| 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | -6% | -7% | -9% |
| Return on equity (ROE) | 1% | -11% | -14% | -20% |
| Return on capital employed (ROCE) | 2% | -14% | -16% | -23% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 3.29 | 3.05 | 2.46 | 1.93 |
| Quick ratio | 2.81 | 2.58 | 2.37 | 1.80 |
| Turnover ratios | ||||
| Asset turnover | 0.20 | 0.18 | 0.20 | 0.21 |
| Fixed asset turnover | 0.25 | 0.25 | 0.29 | 0.31 |
| Equity turnover | 0.31 | 0.30 | 0.38 | 0.45 |
| Profitability ratios | ||||
| EBITDA margin | 57% | 12% | -11% | -23% |
| Operating profit margin | 5% | -35% | -36% | -44% |
| Net profit margin | 4% | -35% | -36% | -44% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
| 2017-06-30 | 2018-06-30 | 2019-06-30 | 2020-06-30 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -6% | -7% | -5% | -14% |
| Return on equity (ROE) | -11% | -15% | -12% | -39% |
| Return on capital employed (ROCE) | -14% | -6% | -3% | -18% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 3.05 | 2.81 | 2.78 | 1.91 |
| Quick ratio | 2.58 | 2.35 | 2.27 | 1.85 |
| Turnover ratios | ||||
| Asset turnover | 0.18 | 0.10 | 0.11 | 0.09 |
| Fixed asset turnover | 0.25 | 0.18 | 0.20 | 0.16 |
| Equity turnover | 0.30 | 0.20 | 0.24 | 0.24 |
| Profitability ratios | ||||
| EBITDA margin | 12% | -1% | 7% | -69% |
| Operating profit margin | -35% | -24% | -12% | -84% |
| Net profit margin | -35% | -24% | -12% | -84% |
| Other ratios | ||||
| Dividends to the State | ||||
| Dividends paid / net profit |
Financial statments
2015 m. metinės 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. 9 mėn. tarpinės ataskaitos
2014 m. 6 mėn. tarpinės ataskaitos
2014 m. 3 mėn. tarpinės ataskaitos
Expectations of the state
Target return on equity undefined
About the company
- Official nameVĮ Žemės ūkio informacijos ir kaimo verslo centras
- Legal formState enterprise (VĮ)
- Company code210086220
- SectorOther
- Line of businessLivestock identification, registration and productivity control
- Institution representing the StateMinistry of Agriculture
- Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
- Share belonging to the State100%
ROE
-19.8%
Number of employees
202
Financial data provided as at end-December 2019
