Valdymo koordinavimo centras

State Owned Enterprises

Įmonė veiklą pradėjo  1974 m. 1995 m. ji buvo reorganizuota į specialios paskirties akcinę bendrovę „Jonavos grūdai“, o 2003 m. perregistruota į akcinę bendrovę AB „Jonavos grūdai“. Bendrovė atlieka grūdų ir rapsų apdorojimo ir saugojimo paslaugas, vykdo didmeninę prekybą grūdais bei rapsais.

Financial results

P/L Statment

2014 2015 2016 2017
Revenue 4,930 6,134 7,608 5,700
Cost of goods sold 3,805 5,017 6,145 4,080
Gross profit 1,125 1,118 1,464 1,620
Gross profit margin 23% 18% 19% 28%
Operating expenses 745 628 755 565
Operating profit 380 490 709 1,055
Operating profit margin 8% 8% 9% 19%
EBITDA 979 1,040 1,142 1,410
EBITDA margin 20% 17% 15% 25%
Net profit 385 448 656 940
Net profit margin 8% 7% 9% 16%
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Revenue 5,749 1,361 4,340 2,785
Cost of goods sold 4,277 1,081 2,999 2,410
Gross profit 1,472 280 1,340 375
Gross profit margin 26% 21% 31% 13%
Operating expenses 480 203 363 237
Operating profit 991 78 978 138
Operating profit margin 17% 6% 23% 5%
EBITDA 1,192 239 1,171 346
EBITDA margin 21% 18% 27% 12%
Net profit 899 89 851 140
Net profit margin 16% 7% 20% 5%

Balance sheet

2014 2015 2016 2017
Non-current assets 3,265 3,183 3,222 3,389
Intangible assets 14 41 23 4
Tangible assets 3,250 3,141 3,200 3,385
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 0 0
Current assets 2,862 3,054 3,334 3,529
Inventories and prepaid expenses 305 1,880 624 1,895
Accounts receivable in one year 1,268 278 1,410 1,030
Other non-current assets 0 141 0 0
Cash and cash equivalents 1,288 755 1,299 604
Total assets 6,126 6,237 6,556 6,918
Equity 5,758 5,803 6,053 6,395
Minority share of capital 0 0 0 0
Grants and subsidies 0 0 11 57
Liabilities 368 433 492 465
Financial liabilities 0 0 0 0
Long-term liabilities 0 0 0 0
Short-term liabilities 368 433 492 465
Equity and liabilities 6,126 6,237 6,556 6,918
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Non-current assets 3,222 3,454 3,389 3,484
Intangible assets 23 13 4 1
Tangible assets 3,200 3,440 3,385 3,483
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 0 0
Current assets 3,334 2,276 3,529 2,682
Inventories and prepaid expenses 624 341 1,895 666
Accounts receivable in one year 1,410 742 1,030 1,356
Other non-current assets 0 0 0 0
Cash and cash equivalents 1,299 1,193 604 661
Total assets 6,556 5,729 6,918 6,166
Equity 6,053 5,544 6,395 5,798
Minority share of capital 0 0 0 0
Grants and subsidies 11 10 57 53
Liabilities 492 176 465 315
Financial liabilities 0 0 0 0
Long-term liabilities 0 0 0 81
Short-term liabilities 492 176 465 234
Equity and liabilities 6,556 5,729 6,918 6,166

Financial ratios

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) 6% 7% 10% 14%
Return on equity (ROE) 7% 8% 11% 15%
Return on capital employed (ROCE) 8% 9% 13% 18%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 7.78 7.05 6.78 7.59
Quick ratio 6.95 2.71 5.51 3.51
Turnover ratios
Asset turnover 0.80 0.99 1.19 0.85
Fixed asset turnover 1.42 1.90 2.38 1.72
Equity turnover 0.85 1.06 1.29 0.92
Profitability ratios
EBITDA margin 20% 17% 15% 25%
Operating profit margin 8% 8% 9% 19%
Net profit margin 8% 7% 9% 16%
Other ratios
Dividends to the State 198.24 284.87 206.25 362.82
Dividends paid / net profit 0.73 0.91 0.45 0.55
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Capital return ratios
Return on assets (ROA) 10% 18% 14% 17%
Return on equity (ROE) 11% 18% 15% 17%
Return on capital employed (ROCE) 13% 21% 18% 20%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 6.78 12.95 7.59 11.47
Quick ratio 5.51 11.01 3.51 8.62
Turnover ratios
Asset turnover 1.19 1.29 0.85 1.20
Fixed asset turnover 2.38 2.17 1.72 2.05
Equity turnover 1.29 1.33 0.92 1.26
Profitability ratios
EBITDA margin 21% 18% 27% 12%
Operating profit margin 17% 6% 23% 5%
Net profit margin 16% 7% 20% 5%
Other ratios
Dividends to the State 206.25 362.82
Dividends paid / net profit 0.45 0.55

Expectations of the state

Target return on equity

7.0%

About the company

  • Official nameAB „Jonavos grūdai“
  • Legal formPublic limited liability company (AB)
  • Company code156511418
  • SectorOther
  • Line of businessDidmeninė prekyba grūdais ir rapsais
  • Institution representing the StateMinistry of Agriculture
  • Special obligationsVykdo nekomercinius specialiuosius įpareigojimus
  • Share belonging to the State70.13%
http://www.jonavosgrudai.lt/
Return to the State

517 EUR thousand

ROE

15.1%

Number of employees

53

Financial data provided as at end-December 2017

Management

  • Paulius KaselisĮmonės direktorius (generalinis direktorius)
  • Vilma ŠumskienėĮmonės vyr. finansininkas (vyr. buhalteris)

Information as of: 2018/12/31

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Jurij KornijenkoŽemės ūkio ministerijos vyresnysis patarėjas

MEMBERS OF THE BOARD OF DIRECTORS

  • Jonas LisauskasŽemės ūkio ministerijos Augalininkystės ir agrarinės aplinkosaugos skyriaus vedėjas
  • Tomas UrbonasUAB „Agrokoncerno grūdai“ grūdų supirkimo vadovas
  • Arnoldas SaldysNepriklausomas narys, ACME EUROPE JSC pardavimų ir rinkodaros direktorius

Information as of: 2018/12/31