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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

2014 2015 2016 2017
Revenue 1,833 1,723 1,419 1,608
Cost of goods sold 1,615 1,365 1,271 1,315
Gross profit 218 359 148 293
Gross profit margin 12% 21% 10% 18%
Operating expenses 194 492 124 199
Operating profit 25 -133 24 94
Operating profit margin 1% -8% 2% 6%
EBITDA 254 107 280 186
EBITDA margin 14% 6% 20% 12%
Net profit 27 -169 2 43
Net profit margin 1% -10% 0% 3%
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

2014 2015 2016 2017
Non-current assets 2,351 3,122 2,798 2,658
Intangible assets 0 0 0 0
Tangible assets 1,699 2,529 2,287 2,139
Financial assets 22 22 24 25
Other non-current assets 0 0 0 0
Biological assets 629 571 486 494
Current assets 1,390 712 825 929
Inventories and prepaid expenses 634 645 743 766
Accounts receivable in one year 752 48 67 132
Other non-current assets 0 0 0 0
Cash and cash equivalents 5 19 14 31
Total assets 3,741 3,835 3,622 3,587
Equity 1,373 1,183 1,185 1,228
Minority share of capital 0 0 0 0
Grants and subsidies 661 1,344 1,225 1,126
Liabilities 1,706 1,307 1,213 1,233
Financial liabilities 903 872 744 627
Long-term liabilities 445 444 352 261
Short-term liabilities 1,262 863 860 973
Equity and liabilities 3,741 3,835 3,622 3,587
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

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) 1% -4% 0% 1%
Return on equity (ROE) 2% -13% 0% 4%
Return on capital employed (ROCE) 2% -5% 0% 3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.24 0.23 0.21 0.17
Current Ratio 1.10 0.83 0.96 0.96
Quick ratio 0.60 0.08 0.09 0.17
Turnover ratios
Asset turnover 0.63 0.45 0.38 0.45
Fixed asset turnover 0.99 0.63 0.48 0.59
Equity turnover 1.30 1.35 1.20 1.33
Profitability ratios
EBITDA margin 14% 6% 20% 12%
Operating profit margin 1% -8% 2% 6%
Net profit margin 1% -10% 0% 3%
Other ratios
Dividends to the State 21.37 0.00 0.00 0.00
Dividends paid / net profit 0.80 0.00 0.00 0.00
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

3.5%

Number of employees

44

Financial data provided as at end-December 2017

Management

  • L. e. p. Regina UrbšienėDirector General

Information as of: 2019/07/01