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Valdymo koordinavimo centras

State Owned Enterprises

At the beginning of 2010, the company was reorganized by connecting three companies: VĮ „Lazdynų vaistinė“, VĮ „Šaltinio vaistinė“ and VĮ „Vilniaus Gedimino vaistinė“. On 30 December 2011, the company was transformed into a private limited liability company. The main activities of „Universiteto vaistinė“ include trade in medicinal products, food supplements, hygiene products, and the manufacture and consultation of medicines in a pharmacy.

Financial results

P/L Statment

2015 2016 2017 2018
Revenue 2,570 2,426 2,171 2,404
Cost of goods sold 1,792 1,716 1,521 1,709
Gross profit (loss) 777 710 651 695
Gross profit margin 30% 29% 30% 29%
Operating expenses 704 686 618 605
Operating profit (loss) 73 24 33 90
Operating profit margin 3% 1% 2% 4%
EBITDA 74 32 37 96
EBITDA margin 3% 1% 2% 4%
Net profit (loss) 58 24 29 76
Net profit margin 2% 1% 1% 3%
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Revenue 1,106 1,143 1,028 1,165
Cost of goods sold 774 819 702 825
Gross profit 333 324 326 340
Gross profit margin 30% 28% 32% 29%
Operating expenses 335 315 303 321
Operating profit -2 9 24 19
Operating profit margin -0% 1% 2% 2%
EBITDA -1 11 26 22
EBITDA margin -0% 1% 3% 2%
Net profit -3 8 21 17
Net profit margin -0% 1% 2% 1%

Balance sheet

2015 2016 2017 2018
Non-current assets 706 707 718 716
Intangible assets 0 0 4 3
Tangible assets 706 707 714 713
Financial assets
Other non-current assets
Biological assets
Current assets 664 584 539 628
Inventories and prepaid expenses 421 322 294 304
Accounts receivable in one year 54 53 39 62
Other current assets
Cash and cash equivalents 188 208 207 262
Total assets 1,370 1,297 1,263 1,349
Equity 1,138 1,104 1,106 1,154
Minority share of capital
Grants and subsidies
Liabilities 232 193 157 195
Financial liabilities
Long-term liabilities
Short-term liabilities 232 193 157 195
Equity and liabilities 1,370 1,297 1,263 1,349
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Non-current assets 707 706 718 718
Intangible assets 0 0 4 3
Tangible assets 707 706 714 714
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Biological assets 0 0 0 0
Current assets 590 573 545 624
Inventories and prepaid expenses 328 304 300 339
Accounts receivable in one year 53 39 39 51
Other non-current assets 0 0 0 0
Cash and cash equivalents 208 230 207 234
Total assets 1,297 1,280 1,263 1,342
Equity 1,104 1,085 1,106 1,094
Minority share of capital 0 0 0 0
Grants and subsidies 0 0 0 0
Liabilities 193 195 157 248
Financial liabilities 0 0 0 0
Long-term liabilities 0 0 0 0
Short-term liabilities 193 195 157 248
Equity and liabilities 1,297 1,280 1,263 1,342

Financial ratios

2015 2016 2017 2018
Capital return ratios
Return on assets (ROA) 0% 2% 2% 6%
Return on equity (ROE) 0% 2% 3% 7%
Return on capital employed (ROCE) 0% 5% 6% 16%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00
Current Ratio 1.98 3.03 3.44 3.21
Quick ratio 1.37 1.36 1.57 1.66
Turnover ratios
Asset turnover 0.04 1.82 1.70 1.84
Fixed asset turnover 0.04 3.43 3.05 3.35
Equity turnover 0.04 2.16 1.96 2.13
Profitability ratios
EBITDA margin 12% 1% 2% 4%
Operating profit margin 0% 1% 2% 4%
Net profit margin 1% 1% 1% 3%
Other ratios
Dividends to the State 0.00 27.80 27.90 57.00
Dividends paid / net profit 0.00 1.18 0.96 0.75
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Capital return ratios
Return on assets (ROA) 2% 0% 2% 3%
Return on equity (ROE) 2% 0% 3% 3%
Return on capital employed (ROCE) 3% 1% 3% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.00 0.00 0.00
Current Ratio 3.06 2.94 3.48 2.52
Quick ratio 1.36 1.38 1.57 1.15
Turnover ratios
Asset turnover 1.82 1.71 1.70 1.67
Fixed asset turnover 3.44 3.18 3.05 3.08
Equity turnover 2.17 2.05 1.96 2.01
Profitability ratios
EBITDA margin -0% 1% 3% 2%
Operating profit margin -0% 1% 2% 2%
Net profit margin -0% 1% 2% 1%
Other ratios
Dividends to the State 27.80 27.90
Dividends paid / net profit 1.18 0.96

Expectations of the state

About the company

  • Official nameUAB Universiteto vaistinė
  • Legal formPrivate limited liability company (UAB)
  • Company code121466988
  • SectorOther
  • Line of businessPharmacies
  • Institution representing the StateMinistry of Health
  • Share belonging to the State100%
http://www.universitetovaistine.eu/
Return to the State

57 EUR thousand

ROE

6.7%

Number of employees

30

Financial data provided as at end-December 2018

Management

  • Rima LosinskajaDirector General

Information as of: 2019/11/01