Valdymo koordinavimo centras

State Owned Enterprises

Valstybės įmonė poilsio namai “Baltija” buvo įkurta 1991 m. sausį. Poilsio namų veikla – apgyvendinimo paslaugos, reabilitacinis gydymas, palaikomoji ir ambulatorinė reabilitacija, komercinio gydymo paslaugos, viešojo maitinimo, komunalinės paslaugos bei konferencijų ir pasitarimų organizavimas.

Financial results

P/L Statment

2014 2015 2016 2017
Revenue 586 759 708 599
Cost of goods sold 1,055 630 688 549
Gross profit -469 129 20 50
Gross profit margin -80% 17% 3% 8%
Operating expenses 352 1,246 696 400
Operating profit -821 -1,116 -676 -351
Operating profit margin -140% -147% -96% -59%
EBITDA -606 349 501 -190
EBITDA margin -103% 46% 71% -32%
Net profit -850 4 -685 -393
Net profit margin -145% 0% -97% -66%
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Revenue 399 319 280 25
Cost of goods sold 346 295 254 19
Gross profit 53 24 26 6
Gross profit margin 13% 7% 9% 25%
Operating expenses 391 243 157 145
Operating profit -338 -220 -131 -139
Operating profit margin -85% -69% -47% -558%
EBITDA 749 -138 -52 -69
EBITDA margin 188% -43% -19% -277%
Net profit -338 -242 -151 -171
Net profit margin -85% -76% -54% -691%

Balance sheet

2014 2015 2016 2017
Non-current assets 6,636 5,702 5,258 5,097
Intangible assets 13 9 6 2
Tangible assets 6,623 5,429 5,252 5,095
Financial assets 0 0 0 0
Other non-current assets 0 264 0 0
Biological assets 0 0 0 0
Current assets 45 90 37 11
Inventories and prepaid expenses 5 3 3 0
Accounts receivable in one year 39 64 28 2
Other non-current assets 0 0 0 0
Cash and cash equivalents 1 23 6 9
Total assets 6,681 5,792 5,295 5,108
Equity 5,056 4,676 3,991 3,598
Minority share of capital 0 0 0 0
Grants and subsidies 0 0 0 0
Liabilities 1,625 1,116 1,304 1,511
Financial liabilities 1,401 270 744 1,136
Long-term liabilities 349 894 1,086 1,471
Short-term liabilities 1,276 222 218 40
Equity and liabilities 6,681 5,792 5,295 5,108
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Non-current assets 5,258 5,176 5,097 5,025
Intangible assets 6 4 2 0
Tangible assets 5,252 5,172 5,095 5,025
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 0 0
Current assets 37 63 11 37
Inventories and prepaid expenses 3 3 0 1
Accounts receivable in one year 28 45 2 17
Other non-current assets 0 3 0 2
Cash and cash equivalents 6 12 9 18
Total assets 5,295 5,239 5,108 5,062
Equity 3,991 3,749 3,598 3,426
Minority share of capital 0 0 0 0
Grants and subsidies 0 0 0 0
Liabilities 1,304 1,490 1,511 1,636
Financial liabilities 744 961 1,136 1,231
Long-term liabilities 1,086 1,303 1,471 1,567
Short-term liabilities 218 187 40 69
Equity and liabilities 5,295 5,239 5,108 5,062

Financial ratios

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) -20% 0% -13% -8%
Return on equity (ROE) -30% 1% -15% -10%
Return on capital employed (ROCE) -24% 2% -13% -7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.21 0.05 0.14 0.22
Current Ratio 0.04 0.41 0.17 0.28
Quick ratio 0.03 0.39 0.16 0.28
Turnover ratios
Asset turnover 0.14 0.12 0.13 0.12
Fixed asset turnover 0.14 0.12 0.13 0.12
Equity turnover 0.21 0.16 0.16 0.16
Profitability ratios
EBITDA margin -103% 46% 71% -32%
Operating profit margin -140% -147% -96% -59%
Net profit margin -145% 0% -97% -66%
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) -13% -11% -8% -6%
Return on equity (ROE) -15% -14% -10% -9%
Return on capital employed (ROCE) -13% -11% -7% -5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.18 0.22 0.24
Current Ratio 0.17 0.34 0.28 0.54
Quick ratio 0.16 0.32 0.28 0.53
Turnover ratios
Asset turnover 0.13 0.13 0.12 0.06
Fixed asset turnover 0.13 0.13 0.12 0.06
Equity turnover 0.16 0.18 0.16 0.08
Profitability ratios
EBITDA margin 188% -43% -19% -277%
Operating profit margin -85% -69% -47% -558%
Net profit margin -85% -76% -54% -691%
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

6.4%

About the company

  • Official nameUAB poilsio namai „Baltija“
  • Legal formPrivate limited liability company (UAB)
  • Company code152409533
  • SectorOther
  • Line of businessApgyvendinimo paslaugos, reabilitacijos centras
  • Institution representing the StateVĮ Turto bankas
  • Share belonging to the State100%
http://www.baltijahotel.lt/
ROE

-10.4%

Number of employees

9

Financial data provided as at end-December 2017

Management

  • Sigutė Dindaitė-KairienėĮmonės direktorius (generalinis direktorius)
  • Monika Paukovienė, apskaitą tvarkančios įmonės įgaliotas asmuoĮmonės vyr. finansininkas (vyr. buhalteris)

Information as of: 2018/12/31