Statistical yearbook of Lithuania (edition 2019)
Enterprise statistics
Information of the chapter will be supplemented
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This chapter presents the Structural Business Survey data. The survey is carried out annually and covers enterprises of all economic activities, except for agriculture and financial intermediation. For the preparation of statistical information, several data sources were used: annual enterprise activity reports (F‑01), submitted to Statistics Lithuania, annual financial statements (balance sheet and profit/loss statement) of enterprises, collected by the state enterprise Centre of Registers, profit tax returns of individual enterprises, as well as information on natural persons carrying out economic activity.
Due to different principles of accounting, statistical information on assets, property and liabilities, income, profit and loss covers only public and private companies, state and municipal enterprises, foreign affiliates, small partnerships, agricultural and cooperative partnerships, public bodies (hereinafter referred to as “companies”). The public bodies included are only those which cover more than half of their operating costs with the revenue earned and those agricultural partnerships whose economic activity is not agriculture. Data on revenue, expenditure and profit of individual enterprises as well as on the number of natural persons and their income are presented separately. From 2010, to characterise business development, the main indicators covering enterprises of all economic activities are presented at the beginning of the chapter.
In 2019, Statistics Lithuania introduced a new statistical unit of the enterprise. From reporting year 2018, the enterprise is constituted of one legal unit, a combination of legal units, or part of a legal unit (until 2017, the enterprise consisted of one legal unit or part of a legal unit). The enterprise is equated to combination of legal units in cases where the legal units are part of an enterprise group and their combined activities form an operating segment. The 2018 provisional data are calculated by a new statistical unit of the enterprise.
In 2018, based on provisional data, there were 256.9 thousand enterprises operating in the country, and they employed 1 million 72.9 thousand employees. Over the year, the number of enterprises increased by 8.4 thousand or 3.4 per cent, the number of persons employed – by 15.5 thousand or 1.5 per cent.
In 2018, the turnover of enterprises amounted to nearly EUR 95 billion and, compared to 2017, increased by EUR 7.9 billion or 2.1 per cent. The value added at factor cost generated by enterprises amounted to EUR 21.4 billion, i.e. by EUR 1.9 billion or 9.9 per cent more than in 2017. On average, value added at factor cost generated by one employee (converted in full-time equivalent) amounted to EUR 24.7 thousand, i.e. by 7.4 per cent more than in the previous year.
Due to the change of statistical unit of the enterprise, the number of enterprises decreased by 382 legal units, the turnover – by EUR 2 billion, the transactions between legal units eliminated.
In 2018, the net profit of companies (except individual enterprises and natural persons carrying out economic activity) amounted to nearly EUR 4.5 billion and, compared to previous year, decreased by EUR 45 million or 1 per cent. The assets of the companies amounted to EUR 83.2 billion and, compared to 2017, increased by EUR 4.3 billion or 5.5 per cent. The liabilities of the companies increased more than equity: equity amounted to EUR 40.5 billion and accounted for 48.7 per cent of total assets of the companies; compared to 2017, it increased by 2.1 per cent. In 2018, the liabilities of the companies (grants and subsidies, provisions, current and non-current liabilities, payables, accrued expenses and deferred income) amounted to EUR 42.7 billion and accounted for 51.3 per cent of total assets of the companies; compared to 2017, increased by 8.9 per cent.
Due to the change of statistical unit of the enterprise, net profit of the companies decreased by EUR 140 million, assets – by EUR 2.4 billion, equity – by EUR 1.9 billion, payable amounts – EUR 0.5 billion, dividend income from investment in subsidiaries or parent companies, property rights, payable and receivable amounts within legal entity groups eliminated.
In 2018, there were nearly 11 thousand individual enterprises in the country, which is by 1 thousand enterprises or 8.6 per cent less than in 2017. Income received by individual enterprises amounted to EUR 1.7 billion, net profit – EUR 101 million. Over a year, income of individual enterprises remained almost unchanged, while net profit decreased by EUR 19 million or 16 per cent.
In 2018, there were nearly 169 thousand natural persons carrying out economic activity by certificate (self-employed); income received by such natural persons amounted to EUR 2 billion. Compared to 2017, their number increased by 8 thousand or 5 per cent, their income grew by EUR 110 million or 5.9 per cent.
Turnover by location of activity and kind of economic activity, 2018
EUR thous.
The latest and detailed data are available in the Database of Indicators
Apyvarta, pridėtinė vertė ir darbdavio išlaidos, tenkančios vienam sąlyginiam darbuotojui
Natural persons carrying out economic activity excluded
Nefinansų įmonių pagrindiniai verslo struktūros rodikliai
|
2010 |
2015 |
2016 |
2017 |
2018 |
---|---|---|---|---|---|
Number of enterprises |
131 849 |
224 623 |
235 043 |
248 519 |
256 883* |
Number of employees |
771 287 |
906 188 |
925 933 |
936 315 |
944 495* |
Turnover, EUR thous. |
52 832 782 |
76 095 200 |
78 072 669 |
87 066 872 |
94 948 224* |
Production value, EUR thous. |
34 813 932 |
47 812 460 |
48 634 690 |
54 229 670 |
60 728 927* |
Value added at factor cost, EUR thous. |
9 756 441 |
16 381 763 |
17 622 074 |
19 469 533 |
21 397 917* |
* Provisional data
The latest and detailed data are available in the Database of Indicators
Balance sheet
Individual enterprises and natural persons carrying out economic activity are excluded
As of 31 December, EUR thousand
|
2010 |
2015 |
2016 |
2017 |
2018 |
---|---|---|---|---|---|
Number of enterprises |
131 849 |
224 623 |
235 043 |
248 519 |
256 883* |
Fixed assets of enterprises |
37 788 733 |
44 720 303 |
47 370 768 |
47 077 014 |
48 675 920 |
Intangible assets of enterprises |
832 079 |
1 191 636 |
1 348 657 |
1 467 996 |
1 508 295 |
Tangible assets of enterprises |
26 033 007 |
28 996 911 |
30 188 076 |
29 101 194 |
30 963 686 |
Financial assets of enterprises |
10 532 751 |
14 153 955 |
15 397 363 |
15 998 022 |
15 526 567 |
Other fixed assets of enterprises |
390 895 |
377 801 |
436 671 |
509 801 |
677 372 |
Current assets of enterprises |
19 848 746 |
26 958 726 |
28 398 209 |
31 271 098 |
33 831 305 |
Inventories |
6 747 062 |
8 665 588 |
8 766 868 |
9 695 309 |
10 727 824* |
Payments on account |
608 597 |
869 809 |
749 447 |
906 632 |
959 430* |
Amounts receivable by enterprises within one year |
8 853 179 |
12 000 287 |
13 212 561 |
14 478 163 |
15 424 149 |
Cash and cash equivalents of enterprises |
2 885 650 |
5 323 761 |
5 910 782 |
6 498 354 |
7 065 171 |
Assets, equity and liabilities of enterprises |
57 637 479 |
71 679 030 |
76 167 679 |
78 869 511 |
83 185 281 |
Capital |
15 945 614 |
19 498 333 |
19 620 153 |
17 883 669 |
16 665 648 |
Share premium account |
1 794 283 |
2 264 895 |
1 979 801 |
1 973 996 |
2 109 267 |
Revaluation reserve |
1 321 816 |
725 380 |
641 887 |
717 123 |
857 899 |
Reserves |
3 083 028 |
2 598 132 |
2 544 846 |
2 688 641 |
2 743 376 |
Profit, loss (-) brought forward |
6 378 615 |
12 435 527 |
14 598 760 |
16 425 652 |
18 128 418 |
Subsidies, grants |
2 320 626 |
2 863 378 |
2 775 752 |
2 473 579 |
2 567 369 |
Provisions |
761 242 |
898 117 |
458 363 |
567 318 |
704 944 |
Amounts payable by enterprises in one year and fixed liabilities of enterprises |
11 314 294 |
12 464 699 |
14 083 599 |
15 067 623 |
16 805 607 |
Debentures |
... |
... |
3 864 133 |
4 635 853 |
5 522 017 |
Amounts owned to credit institutions |
10 253 981 |
11 161 817 |
5 941 817 |
5 509 990 |
5 769 347 |
Debts to suppliers |
310 120 |
273 544 |
472 840 |
589 859 |
492 200 |
Amounts payable by enterprises within one year and current liabilities of enterprises |
14 717 957 |
17 930 570 |
19 076 657 |
20 565 914 |
21 926 359 |
Debentures |
... |
... |
1 949 750 |
2 051 334 |
2 114 888 |
Amounts owned to credit institutions |
3 397 153 |
4 075 006 |
2 422 153 |
2 625 999 |
2 965 014 |
Debts to suppliers |
6 662 413 |
7 988 237 |
7 840 534 |
8 038 637 |
8 591 562 |
* Provisional data
… Data not available, although the phenomenon existed
The latest and detailed data are available in the Database of Indicators
More:
Main financial indicators of individual enterprises
Income of natural persons carrying out economic activity
Main structural business statistics on foreign-controlled enterprises in Lithuania by country
Bankruptcy processes instituted and completed by economic activity
For further terms, see the Dictionary of Statistical Terms.