Valdymo koordinavimo centras

State Owned Enterprises

Valstybės įmonė Lietuvos žemės ūkio ir maisto produktų rinkos reguliavimo agentūra buvo įsteigta 1998 metais. Agentūra pagal savo kompetenciją įgyvendina žemės ūkio ir maisto produktų rinkos reguliavimo, rinkos informacinės, eksporto skatinimo politikos priemones, dalyvauja skatinant mokslo pažangą ir inovacijas žemės ir maisto ūkio sektoriuje bei populiarinant tautinio paveldo produktus. Įmonė taip pat vykdo tautinio paveldo produktų, tradicinių amatų mokymo programų, tradicinių mugių sertifikavimo ir kitą veiklą.

Financial results

P/L Statment

2014 2015 2016 2017
Revenue 275 480 361 522
Cost of goods sold 241 430 361 496
Gross profit 34 50 -1 26
Gross profit margin 12% 10% -0% 5%
Operating expenses 39 79 320 43
Operating profit -5 -29 -321 -17
Operating profit margin -2% -6% -89% -3%
EBITDA 36 18 -268 17
EBITDA margin 13% 4% -74% 3%
Net profit 2 -24 -312 -15
Net profit margin 1% -5% -86% -3%
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Revenue 120 456 66 542
Cost of goods sold 123 450 46 504
Gross profit -3 6 20 38
Gross profit margin -2% 1% 30% 7%
Operating expenses 4 40 3 26
Operating profit -7 -34 17 12
Operating profit margin -5% -7% 26% 2%
EBITDA 28 -25 42 -373
EBITDA margin 24% -6% 64% -69%
Net profit -2 -31 16 -394
Net profit margin -1% -7% 25% -73%

Balance sheet

2014 2015 2016 2017
Non-current assets 852 818 783 747
Intangible assets 102 92 73 56
Tangible assets 750 726 710 691
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 0 0
Current assets 3,251 23,739 59,989 69,799
Inventories and prepaid expenses 1,211 13,416 58,050 68,156
Accounts receivable in one year 276 4,888 313 1,256
Other non-current assets 1,764 0 0 0
Cash and cash equivalents 0 5,434 1,626 388
Total assets 4,103 24,557 60,772 70,546
Equity 1,132 1,180 868 865
Minority share of capital 0 0 0 0
Grants and subsidies 96 171 196 135
Liabilities 2,874 23,205 59,708 69,546
Financial liabilities 0 13,570 58,106 68,943
Long-term liabilities 0 0 0 0
Short-term liabilities 2,874 23,205 59,708 69,546
Equity and liabilities 4,103 24,557 60,772 70,546
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Non-current assets 783 761 747 729
Intangible assets 73 64 56 47
Tangible assets 710 697 691 682
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 0 0
Current assets 59,989 67,395 69,799 69,459
Inventories and prepaid expenses 58,050 63,869 68,156 67,981
Accounts receivable in one year 313 1,046 1,256 942
Other non-current assets 0 0 0 0
Cash and cash equivalents 1,626 2,481 388 536
Total assets 60,772 68,157 70,546 70,188
Equity 868 849 865 472
Minority share of capital 0 0 0 0
Grants and subsidies 196 694 135 749
Liabilities 59,708 66,613 69,546 68,967
Financial liabilities 58,106 65,213 68,943 67,942
Long-term liabilities 0 0 0 0
Short-term liabilities 59,708 66,613 69,546 68,967
Equity and liabilities 60,772 68,157 70,546 70,188

Financial ratios

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) 0% -0% -1% -0%
Return on equity (ROE) 0% -2% -30% -2%
Return on capital employed (ROCE) 0% -2% -26% -2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.55 0.96 0.98
Current Ratio 1.13 1.02 1.00 1.00
Quick ratio 0.71 0.44 0.03 0.02
Turnover ratios
Asset turnover 0.08 0.03 0.01 0.01
Fixed asset turnover 0.33 0.57 0.45 0.68
Equity turnover 0.25 0.41 0.35 0.60
Profitability ratios
EBITDA margin 13% 4% -74% 3%
Operating profit margin -2% -6% -89% -3%
Net profit margin 1% -5% -86% -3%
Other ratios
Dividends to the State 0.00 0.00 0.00 0.00
Dividends paid / net profit 0.00 0.00 0.00 0.00
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Capital return ratios
Return on assets (ROA) -1% -0% -0% -1%
Return on equity (ROE) -30% -4% -2% -57%
Return on capital employed (ROCE) -26% -2% -2% -27%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.96 0.96 0.98 0.97
Current Ratio 1.00 1.01 1.00 1.01
Quick ratio 0.03 0.05 0.02 0.02
Turnover ratios
Asset turnover 0.01 0.01 0.01 0.01
Fixed asset turnover 0.45 0.74 0.68 0.82
Equity turnover 0.35 0.67 0.60 0.92
Profitability ratios
EBITDA margin 24% -6% 64% -69%
Operating profit margin -5% -7% 26% 2%
Net profit margin -1% -7% 25% -73%
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 undefined

About the company

  • Official nameVĮ Lietuvos žemės ūkio ir maisto produktų rinkos reguliavimo agentūra
  • Legal formState enterprise (VĮ)
  • Company code110073873
  • SectorOther
  • Line of businessŽemės ūkio rinkos administravimas
  • Institution representing the StateMinistry of Agriculture
  • Share belonging to the State100%
http://www.litfood.lt
ROE

-1.7%

Number of employees

38

Financial data provided as at end-December 2017

Management

  • Likvidatorius Vilius Martišiusįmonės direktorius (generalinio direktoriaus)

Information as of: 2018/12/31