Aukštaitijos vandenys
UAB “Aukštaitijos vandenys” was registered on January 14, 1991. UAB “Aukštaitijos vandenys” supplies drinking water, collects and manages wastewater, operates water supply and sewage disposal networks and activities-related equipment.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 9,534 | 9,781 | 10,691 | 12,702 |
| Cost of goods sold | 7,491 | 8,145 | 9,727 | 9,672 |
| Gross profit (loss) | 2,043 | 1,636 | 964 | 3,031 |
| Gross profit margin | 21% | 17% | 9% | 24% |
| Operating expenses | 745 | 945 | 1,065 | 1,559 |
| Operating profit (loss) | 917 | 281 | -527 | 1,472 |
| Operating profit margin | 10% | 3% | -5% | 12% |
| EBITDA | 2,657 | 2,088 | 1,338 | 3,477 |
| EBITDA margin | 28% | 21% | 13% | 27% |
| Net profit (loss) | 927 | 294 | -472 | 1,492 |
| Net profit margin | 10% | 3% | -4% | 12% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 60,747 | 61,033 | 60,052 | 58,616 |
| Intangible assets | 318 | 478 | 466 | 638 |
| Tangible assets | 60,287 | 60,489 | 59,448 | 57,873 |
| Financial assets | 81 | |||
| Other non-current assets | 61 | 66 | 137 | 105 |
| Current assets | 3,563 | 3,727 | 3,441 | 4,082 |
| Inventories and prepaid expenses | 368 | 481 | 578 | 653 |
| Accounts receivable in one year | 1,240 | 1,505 | 1,525 | 1,359 |
| Other current assets | ||||
| Cash and cash equivalents | 1,955 | 1,741 | 1,338 | 2,069 |
| Total assets | 64,328 | 64,781 | 63,530 | 62,729 |
| Equity | 26,859 | 26,793 | 26,233 | 27,726 |
| Grants and subsidies | 31,533 | 31,641 | 30,232 | 29,035 |
| Liabilities | 5,135 | 5,501 | 6,077 | 4,892 |
| Financial liabilities | 3,570 | 3,194 | 4,206 | 3,292 |
| Long-term liabilities | 3,409 | 2,810 | 3,755 | 3,096 |
| Short-term liabilities | 1,726 | 2,691 | 2,322 | 1,796 |
| Equity and liabilities | 64,328 | 64,781 | 63,530 | 62,729 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 0% | -1% | 2% |
| Return on equity (ROE) | 3% | 1% | -2% | 6% |
| Return on capital employed (ROCE) | 3% | 1% | -2% | 5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.06 | 0.05 | 0.07 | 0.05 |
| Current Ratio | 2.06 | 1.39 | 1.48 | 2.27 |
| Quick ratio | 1.85 | 1.21 | 1.23 | 1.91 |
| Turnover ratios | ||||
| Asset turnover | 0.15 | 0.15 | 0.17 | 0.20 |
| Fixed asset turnover | 0.16 | 0.16 | 0.18 | 0.22 |
| Equity turnover | 0.35 | 0.37 | 0.41 | 0.46 |
| Profitability ratios | ||||
| EBITDA margin | 28% | 21% | 13% | 27% |
| Operating profit margin | 10% | 3% | -5% | 12% |
| Net profit margin | 10% | 3% | -4% | 12% |
| Other ratios | ||||
| Dividends to the Municipality | 360.00 | 88.20 | 0.00 | 94.97 |
| Dividends paid / net profit | 0.39 | 0.30 | 0.00 | 0.06 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Aukštaitijos vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code147104754
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionPanevėžys city municipality
↑ Controlling (holding the largest share) institution
Panevėžys district municipality
- Share belonging to the Municipal94.97%
Return to the Municipality
95 EUR thousand
ROE
5.5%
Number of employees
225
Financial data provided as at end-December 2023
Management
- Saulius VenckusChief Executive Officer
Information as of: 2024/04/30
