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Valdymo koordinavimo centras

State Owned Enterprises

Upytės eksperimentinis ūkis įkurtas 2001 metais kaip uždaroji akcinė bendrovė. Jos pagrindinės veiklos pobūdis – žemės ūkio produkcijos (javų, linų ir kitų kultūrų) kultivavimas, pienininkystė, galvijų auginimas mėsai, veislinių telyčių ir buliukų auginimas, paslaugų teikimas bei kita žemės ūkio veikla.

Financial results

P/L Statment

2014 2015 2016 2017
Revenue 1,699 1,620 1,536 1,859
Cost of goods sold 1,493 1,329 1,286 1,454
Gross profit 206 292 250 405
Gross profit margin 12% 18% 16% 22%
Operating expenses 234 213 192 219
Operating profit -28 79 58 186
Operating profit margin -2% 5% 4% 10%
EBITDA 167 196 190 327
EBITDA margin 10% 12% 12% 18%
Net profit 32 94 81 185
Net profit margin 2% 6% 5% 10%
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Revenue 939 680 1,179 744
Cost of goods sold 788 526 928 591
Gross profit 151 154 251 152
Gross profit margin 16% 23% 21% 20%
Operating expenses 98 91 128 106
Operating profit 53 63 123 47
Operating profit margin 6% 9% 10% 6%
EBITDA 109 164 164 100
EBITDA margin 12% 24% 14% 13%
Net profit 53 64 120 45
Net profit margin 6% 9% 10% 6%

Balance sheet

2014 2015 2016 2017
Non-current assets 2,133 2,015 1,837 1,996
Intangible assets 0 0 0 4
Tangible assets 1,534 1,512 1,509 1,675
Financial assets 247 176 176 176
Other non-current assets 0 0 0 0
Biological assets 352 327 152 141
Current assets 481 562 780 1,052
Inventories and prepaid expenses 374 360 575 532
Accounts receivable in one year 87 132 130 274
Other non-current assets 0 0 0 0
Cash and cash equivalents 17 70 74 246
Total assets 2,614 2,577 2,617 3,048
Equity 2,059 2,045 2,113 2,236
Minority share of capital 0 0 0 0
Grants and subsidies 329 350 309 389
Liabilities 227 181 195 422
Financial liabilities 43 43 63 146
Long-term liabilities 0 0 32 95
Short-term liabilities 227 181 163 328
Equity and liabilities 2,614 2,577 2,617 3,048
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Non-current assets 1,837 1,993 1,996 1,944
Intangible assets 0 0 4 4
Tangible assets 1,509 1,668 1,675 1,619
Financial assets 176 176 176 176
Other non-current assets 0 0 0 0
Biological assets 152 149 141 146
Current assets 780 1,048 1,052 1,247
Inventories and prepaid expenses 575 781 532 771
Accounts receivable in one year 130 212 274 364
Other non-current assets 0 0 0 0
Cash and cash equivalents 74 55 246 113
Total assets 2,617 3,040 3,048 3,191
Equity 2,113 2,116 2,236 2,141
Minority share of capital 0 0 0 0
Grants and subsidies 309 309 389 419
Liabilities 195 615 422 631
Financial liabilities 63 202 146 146
Long-term liabilities 32 146 95 95
Short-term liabilities 163 469 328 537
Equity and liabilities 2,617 3,040 3,048 3,191

Financial ratios

2014 2015 2016 2017
Capital return ratios
Return on assets (ROA) 1% 4% 3% 7%
Return on equity (ROE) 2% 5% 4% 8%
Return on capital employed (ROCE) -1% 4% 3% 7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.02 0.02 0.05
Current Ratio 2.12 3.10 4.77 3.21
Quick ratio 0.47 1.11 1.25 1.59
Turnover ratios
Asset turnover 0.63 0.62 0.60 0.66
Fixed asset turnover 0.81 0.78 0.80 0.97
Equity turnover 0.80 0.79 0.75 0.85
Profitability ratios
EBITDA margin 10% 12% 12% 18%
Operating profit margin -2% 5% 4% 10%
Net profit margin 2% 6% 5% 10%
Other ratios
Dividends to the State 152.54 13.80 60.70 140.60
Dividends paid / net profit 4.79 0.15 0.75 0.76
2016 Q4 2017 Q2 2017 Q4 2018 Q2
Capital return ratios
Return on assets (ROA) 3% 4% 7% 5%
Return on equity (ROE) 4% 6% 8% 8%
Return on capital employed (ROCE) 3% 5% 7% 7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.07 0.05 0.05
Current Ratio 4.77 2.23 3.21 2.32
Quick ratio 1.25 0.57 1.59 0.89
Turnover ratios
Asset turnover 0.60 0.55 0.66 0.62
Fixed asset turnover 0.80 0.85 0.97 0.98
Equity turnover 0.75 0.78 0.85 0.90
Profitability ratios
EBITDA margin 12% 24% 14% 13%
Operating profit margin 6% 9% 10% 6%
Net profit margin 6% 9% 10% 6%
Other ratios
Dividends to the State 60.70 140.60
Dividends paid / net profit 0.75 0.76

Expectations of the state

Target return on equity undefined

About the company

  • Official nameUAB Upytės eksperimentinis ūkis
  • Legal formPrivate limited liability company (UAB)
  • Company code168956721
  • SectorOther
  • Line of businessHorticulture
  • Institution representing the StateMinistry of Agriculture
  • Share belonging to the State100%
http://www.upytes-eukis.lt/
Return to the State

141 EUR thousand

ROE

8.5%

Number of employees

62

Financial data provided as at end-December 2017

Management

  • Audrius ZalatorisDirector General

Information as of: 2019/09/01