Valdymo koordinavimo centras

State Owned Enterprises

AB „Klaipėdos nafta“ įsteigta 1994 metais. Pagrindinė bendrovės veikla – žaliavinės naftos ir naftos produktų eksportas ir importas bei susijusios paslaugos. Bendrovės talpyklose perkraunama žaliavinė nafta ir jos produktai. Pagrindiniai bendrovės konkurentai yra Baltijos jūrų uostuose veikiantys naftos produktų krovos terminalai. „Klaipėdos naftos“ akcijomis prekiaujama „NASDAQ OMX Vilnius“ vertybinių popierių biržoje.

Financial results

P/L Statment

2014 2015 2016 2017
Revenue 39,775 109,702 103,839 106,484
Cost of goods sold 26,625 80,579 83,042 82,739
Gross profit 13,150 29,123 20,797 23,745
Gross profit margin 33% 27% 20% 22%
Operating expenses 3,886 4,823 5,905 6,217
Operating profit 9,264 24,300 14,892 17,528
Operating profit margin 23% 22% 14% 16%
EBITDA 16,889 37,359 28,060 31,393
EBITDA margin 42% 34% 27% 29%
Net profit 9,257 22,036 13,794 17,031
Net profit margin 23% 20% 13% 16%
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Revenue 46,491 52,341 54,143 52,739
Cost of goods sold 41,007 41,276 41,463 40,052
Gross profit 5,484 11,065 12,680 12,687
Gross profit margin 12% 21% 23% 24%
Operating expenses 3,522 2,814 3,403 2,684
Operating profit 1,962 8,251 9,277 10,003
Operating profit margin 4% 16% 17% 19%
EBITDA 8,525 15,188 16,205 17,170
EBITDA margin 18% 29% 30% 33%
Net profit 2,072 7,389 9,642 10,210
Net profit margin 4% 14% 18% 19%

Balance sheet

2014 2015 2016 2017
Non-current assets 189,232 180,074 186,895 204,977
Intangible assets 623 508 399 490
Tangible assets 182,830 176,821 182,925 201,449
Financial assets 4,098 344 411 410
Other non-current assets 1,681 2,401 3,160 2,628
Biological assets 0 0 0 0
Current assets 32,687 58,713 55,536 96,268
Inventories and prepaid expenses 2,563 2,142 2,117 1,372
Accounts receivable in one year 10,938 28,743 11,207 12,765
Other non-current assets 8,284 4,040 156 384
Cash and cash equivalents 10,902 23,788 42,056 81,747
Total assets 221,918 238,787 242,431 301,245
Equity 174,715 196,804 192,969 200,344
Minority share of capital 0 0 0 0
Grants and subsidies 0 209 2,781 4,006
Liabilities 47,203 41,774 46,681 96,895
Financial liabilities 29,887 29,737 29,724 76,379
Long-term liabilities 31,257 31,222 31,290 76,759
Short-term liabilities 15,946 10,552 15,391 20,136
Equity and liabilities 221,918 238,787 242,431 301,245
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Non-current assets 186,895 189,957 204,977 203,564
Intangible assets 399 407 490 631
Tangible assets 182,925 186,245 201,449 200,217
Financial assets 411 411 410 357
Other non-current assets 3,160 2,894 2,628 2,359
Biological assets 0 0 0 0
Current assets 55,536 52,045 96,268 89,952
Inventories and prepaid expenses 2,117 1,921 1,372 1,607
Accounts receivable in one year 11,207 13,281 12,765 13,845
Other non-current assets 156 619 384 599
Cash and cash equivalents 42,056 36,224 81,747 73,901
Total assets 242,431 242,002 301,245 293,516
Equity 192,969 190,702 200,344 193,523
Minority share of capital 0 0 0 0
Grants and subsidies 2,781 4,006 4,006 4,897
Liabilities 46,681 47,294 96,895 95,096
Financial liabilities 29,724 29,664 76,379 76,388
Long-term liabilities 31,290 31,442 76,759 75,620
Short-term liabilities 15,391 15,852 20,136 19,476
Equity and liabilities 242,431 242,002 301,245 293,516

Financial ratios

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) 4% 10% 6% 6%
Return on equity (ROE) 5% 12% 7% 9%
Return on capital employed (ROCE) 5% 11% 7% 7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.13 0.12 0.12 0.25
Current Ratio 2.05 5.56 3.61 4.78
Quick ratio 1.89 5.36 3.47 4.71
Turnover ratios
Asset turnover 0.19 0.48 0.43 0.39
Fixed asset turnover 0.23 0.59 0.57 0.54
Equity turnover 0.23 0.59 0.53 0.54
Profitability ratios
EBITDA margin 42% 34% 27% 29%
Operating profit margin 23% 22% 14% 16%
Net profit margin 23% 20% 13% 16%
Other ratios
Dividends to the State 66.94 12,748.61 5,049.78 8,906.68
Dividends paid / net profit 0.01 0.80 0.51 0.72
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Capital return ratios
Return on assets (ROA) 6% 4% 6% 7%
Return on equity (ROE) 7% 5% 9% 10%
Return on capital employed (ROCE) 7% 5% 7% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.12 0.12 0.25 0.26
Current Ratio 3.61 3.28 4.78 4.62
Quick ratio 3.47 3.16 4.71 4.54
Turnover ratios
Asset turnover 0.43 0.41 0.39 0.40
Fixed asset turnover 0.57 0.53 0.54 0.54
Equity turnover 0.53 0.52 0.54 0.56
Profitability ratios
EBITDA margin 18% 29% 30% 33%
Operating profit margin 4% 16% 17% 19%
Net profit margin 4% 14% 18% 19%
Other ratios
Dividends to the State 5,049.78 8,906.68
Dividends paid / net profit 0.51 0.72

Expectations of the state

Target return on equity

5.9%

About the company

  • Official nameAB „Klaipėdos nafta“
  • Legal formPublic limited liability company (AB)
  • Company code110648893
  • SectorEnergy
  • Line of businessŽaliavinės naftos ir naftos produktų eksportas ir importas
  • Institution representing the StateMinistry of Energy
  • Share belonging to the State72.32%
https://www.kn.lt/
Return to the State

12.3 EUR milion

ROE

8.7%

Number of employees

389

Financial data provided as at end-December 2017

Management

  • Mindaugas JusiusĮmonės direktorius (generalinis direktorius)
  • Rasa TamaliūnaitėĮmonės vyr. finansininkas (vyr. buhalteris)

Information as of: 2018/12/31

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Giedrius DusevičiusNepriklausomas narys; UAB „ACC Distribution", valdybos narys

MEMBERS OF THE BOARD OF DIRECTORS

  • Bjarke PålssonNepriklausomas narys; Mark & Wedell A/S vadovas; M&W JAWO A/S vadovas
  • Mantas BartuškaAB „Lietuvos geležinkeliai“ generalinis direktorius; Lietuvos pramonininkų konfederacija, narys
  • Dainius BražiūnasEnergetikos ministerijos Naftos ir dujų skyriaus vedėjas; UAB „EPSO-G“ valdybos narys; asociacija „Koturnos“, vadovas; 599-osios daugiabučio namo savininkų bendrijos valdybos narys

Information as of: 2018/12/31

Supervisory board

CHAIRMAN OF THE SUPERVISORY BOARD

  • Eimantas KiudulasNepriklausomas nary;, UAB „iValue“ vadovas, akcininkas; UAB „Klaipėdos laisvosios ekonominės zonos valdymo bendrovė“ vadovas, valdybos narys; UAB „Flex Start One“ vadovas, Eimanto Kiudulo įmonė, vadovas

SUPERVISORY BOARD MEMBERS

  • Tomas LukoševičiusEnergetikos ministerijos karjeros valstybės tarnautojas, struktūrinio padalinio vadovas ar jo pavaduotojas
  • Andrius VaranavičiusNepriklausomas narys; Takeda Pharmaceuticals International, finansų direktorius Europai ir Kanadai; Takeda Pharma AG valdybos narys, Takeda UK Limited valdybos narys

Information as of: 2018/12/31