Valdymo koordinavimo centras

State Owned Enterprises

VĮ „Šeduvos avininkystė“ įregistruota 1992 metais, o 2010 perregistruota kaip uždaroji akcinė bendrovė. Pagrindinė įmonės veikla – veislinio avių prieauglio auginimas.

Financial results

P/L Statment

2014 2015 2016 2017
Revenue 169 202 195 181
Cost of goods sold 115 140 119 117
Gross profit 54 62 77 64
Gross profit margin 32% 31% 39% 35%
Operating expenses 48 48 56 52
Operating profit 6 14 20 12
Operating profit margin 3% 7% 10% 6%
EBITDA 35 47 54 45
EBITDA margin 20% 23% 28% 25%
Net profit 3 6 15 7
Net profit margin 2% 3% 7% 4%
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Revenue 156 34 147 56
Cost of goods sold 42 52 65 72
Gross profit 115 -18 82 -16
Gross profit margin 73% -53% 56% -28%
Operating expenses 4 35 17 36
Operating profit 111 -53 65 -52
Operating profit margin 71% -157% 44% -92%
EBITDA 71 22 23 21
EBITDA margin 45% 64% 16% 37%
Net profit 49 3 4 -3
Net profit margin 32% 9% 3% -5%

Balance sheet

2014 2015 2016 2017
Non-current assets 347 364 366 661
Intangible assets 0 1 1 0
Tangible assets 132 363 366 507
Financial assets 0 0 0 0
Other non-current assets 13 0 0 0
Biological assets 202 0 0 154
Current assets 249 430 611 282
Inventories and prepaid expenses 145 354 321 169
Accounts receivable in one year 51 62 71 54
Other non-current assets 16 0 0 0
Cash and cash equivalents 37 14 219 59
Total assets 596 794 977 944
Equity 380 386 601 607
Minority share of capital 0 0 0 0
Grants and subsidies 92 248 237 223
Liabilities 124 160 140 114
Financial liabilities 41 111 109 89
Long-term liabilities 29 87 89 54
Short-term liabilities 95 74 51 60
Equity and liabilities 596 794 977 944
2016 4 ketv. 2017 2 ketv. 2017 4 ketv. 2018 2 ketv.
Non-current assets 366 368 661 493
Intangible assets 1 0 0 0
Tangible assets 366 367 507 493
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 154 0
Current assets 611 669 282 499
Inventories and prepaid expenses 321 426 169 430
Accounts receivable in one year 71 34 54 40
Other non-current assets 0 0 0 0
Cash and cash equivalents 219 209 59 29
Total assets 977 1,037 944 992
Equity 601 604 607 605
Minority share of capital 0 0 0 0
Grants and subsidies 237 235 223 221
Liabilities 140 199 114 167
Financial liabilities 109 104 89 79
Long-term liabilities 89 89 54 54
Short-term liabilities 51 110 60 113
Equity and liabilities 977 1,037 944 992

Financial ratios

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) 1% 1% 2% 1%
Return on equity (ROE) 1% 2% 3% 1%
Return on capital employed (ROCE) 1% 2% 2% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.14 0.11 0.09
Current Ratio 2.62 5.84 11.95 4.73
Quick ratio 1.09 1.03 5.67 1.90
Turnover ratios
Asset turnover 0.30 0.29 0.22 0.19
Fixed asset turnover 0.49 0.57 0.53 0.35
Equity turnover 0.45 0.53 0.40 0.30
Profitability ratios
EBITDA margin 20% 23% 28% 25%
Operating profit margin 3% 7% 10% 6%
Net profit margin 2% 3% 7% 4%
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) 2% 6% 1% 0%
Return on equity (ROE) 3% 11% 1% 0%
Return on capital employed (ROCE) 2% 7% 1% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.11 0.10 0.09 0.08
Current Ratio 11.95 6.10 4.73 4.43
Quick ratio 5.67 2.21 1.90 0.61
Turnover ratios
Asset turnover 0.22 0.20 0.19 0.20
Fixed asset turnover 0.53 0.52 0.35 0.47
Equity turnover 0.40 0.40 0.30 0.34
Profitability ratios
EBITDA margin 45% 64% 16% 37%
Operating profit margin 71% -157% 44% -92%
Net profit margin 32% 9% 3% -5%
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 nameUAB „Šeduvos avininkystė“
  • Legal formPrivate limited liability company (UAB)
  • Company code171320797
  • SectorOther
  • Line of businessGyvulininkystė ir paukštininkystė
  • Institution representing the StateMinistry of Agriculture
  • Share belonging to the State100%
http://www.seduvosavys.lt/
ROE

1.1%

Number of employees

20

Financial data provided as at end-December 2017

Management

  • Rimantas KairysĮmonės direktorius (generalinis direktorius)
  • Rita JanušauskienėĮmonės vyr. finansininkas (vyr. buhalteris)

Information as of: 2018/12/31