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Valdymo koordinavimo centras

State Owned Enterprises

UAB Dotnuvos eksperimentinis ūkis was registered in 2001. The main activities of the Company are: crop production, animal husbandry, implementation and development of agricultural science, innovation and advanced production technologies.

Financial results

P/L Statment

2015 2016 2017 2018
Revenue 1,548 1,104 1,608 1,320
Cost of goods sold 1,655 1,271 1,315 1,300
Gross profit (loss) -107 -167 293 20
Gross profit margin -7% -15% 18% 2%
Operating expenses 208 124 199 166
Operating profit (loss) -315 -291 94 -146
Operating profit margin -20% -26% 6% -11%
EBITDA 104 280 186 32
EBITDA margin 7% 25% 12% 2%
Net profit (loss) -169 2 43 -76
Net profit margin -11% 0% 3% -6%
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Revenue 954 535 1,073 504
Cost of goods sold 904 535 780 533
Gross profit 50 -1 294 -29
Gross profit margin 5% -0% 27% -6%
Operating expenses -247 69 130 84
Operating profit 297 -70 164 -113
Operating profit margin 31% -13% 15% -22%
EBITDA 410 40 147 8
EBITDA margin 43% 7% 14% 1%
Net profit 274 -91 134 -49
Net profit margin 29% -17% 12% -10%

Balance sheet

2015 2016 2017 2018
Non-current assets 2,905 2,798 2,658 2,523
Intangible assets
Tangible assets 2,529 2,287 2,139 1,990
Financial assets 22 24 25 5
Other non-current assets
Biological assets 353 486 494 528
Current assets 930 825 912 810
Inventories and prepaid expenses 863 743 749 742
Accounts receivable in one year 48 67 132 54
Other current assets
Cash and cash equivalents 19 14 31 14
Total assets 3,835 3,622 3,587 3,364
Equity 1,183 1,185 1,228 1,152
Minority share of capital
Grants and subsidies 1,344 1,225 1,126 1,037
Liabilities 1,307 1,213 1,219 1,175
Financial liabilities 872 744 627 536
Long-term liabilities 444 352 261 169
Short-term liabilities 863 860 958 1,007
Equity and liabilities 3,835 3,622 3,587 3,364
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Non-current assets 2,798 2,719 2,658 2,548
Intangible assets 0 0 0 0
Tangible assets 2,287 2,207 2,139 2,068
Financial assets 24 24 25 3
Other non-current assets 0 0 0 0
Biological assets 486 487 494 477
Current assets 825 1,010 929 1,035
Inventories and prepaid expenses 743 922 766 932
Accounts receivable in one year 67 64 132 48
Other non-current assets 0 0 0 1
Cash and cash equivalents 14 25 31 55
Total assets 3,622 3,729 3,587 3,583
Equity 1,185 1,094 1,228 1,178
Minority share of capital 0 0 0 0
Grants and subsidies 1,225 1,171 1,126 1,081
Liabilities 1,213 1,464 1,233 1,323
Financial liabilities 744 698 627 582
Long-term liabilities 352 352 261 261
Short-term liabilities 860 1,111 973 1,063
Equity and liabilities 3,622 3,729 3,587 3,583

Financial ratios

2015 2016 2017 2018
Capital return ratios
Return on assets (ROA) 7% 0% 1% -2%
Return on equity (ROE) 8% 0% 4% -6%
Return on capital employed (ROCE) 9% 1% 6% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.63 0.51 0.46
Current Ratio 5.70 0.96 0.95 0.80
Quick ratio 5.21 0.09 0.17 0.07
Turnover ratios
Asset turnover 0.64 0.30 0.45 0.38
Fixed asset turnover 1.37 0.39 0.59 0.51
Equity turnover 0.68 0.93 1.33 1.11
Profitability ratios
EBITDA margin 14% 25% 12% 2%
Operating profit margin 12% -26% 6% -11%
Net profit margin 11% 0% 3% -6%
Other ratios
Dividends to the State 58.20
Dividends paid / net profit 1.02
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Capital return ratios
Return on assets (ROA) 0% 5% 1% 2%
Return on equity (ROE) 0% 18% 4% 7%
Return on capital employed (ROCE) 0% 8% 3% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.21 0.19 0.17 0.16
Current Ratio 0.96 0.91 0.96 0.97
Quick ratio 0.09 0.08 0.17 0.10
Turnover ratios
Asset turnover 0.38 0.40 0.45 0.43
Fixed asset turnover 0.48 0.49 0.59 0.60
Equity turnover 1.20 1.48 1.33 1.39
Profitability ratios
EBITDA margin 43% 7% 14% 1%
Operating profit margin 31% -13% 15% -22%
Net profit margin 29% -17% 12% -10%
Other ratios
Dividends to the State 0.00 0.00
Dividends paid / net profit 0.00 0.00

Expectations of the state

Target return on equity

5,4%

About the company

  • Official nameUAB Dotnuvos eksperimentinis ūkis
  • Legal formPrivate limited liability company (UAB)
  • Company code161640934
  • SectorOther
  • Line of businessHorticulture
  • Institution representing the StateMinistry of Agriculture
  • Share belonging to the State100%
http://www.dotnuvos-eukis.lt/
ROE

-6.3%

Number of employees

39

Financial data provided as at end-December 2018

Management

  • L. e. p. Regina UrbšienėDirector General

Information as of: 2019/11/01