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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Didžiasalio state utility company was reorganized into UAB Didžiasalio komunalinės paslaugo in 2004. The main activities of the company are production and supply of heat energy; water abstraction, improvement and supply; wastewater reception and treatment; administration of multi-apartment buildings.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 659 648 785 1,041
Cost of goods sold 563 491 603 856
Gross profit (loss) 95 157 182 185
Gross profit margin 14% 24% 23% 18%
Operating expenses 104 103 117 120
Operating profit (loss) -9 23 37 17
Operating profit margin -1% 4% 5% 2%
EBITDA 12 45 57 40
EBITDA margin 2% 7% 7% 4%
Net profit (loss) -45 -278 -28 -13
Net profit margin -7% -43% -4% -1%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 127 135 114 132
Intangible assets 0
Tangible assets 127 135 114 132
Financial assets
Other non-current assets
Current assets 1,755 1,522 1,249 1,365
Inventories and prepaid expenses 53 45 120 143
Accounts receivable in one year 1,681 1,435 1,056 1,144
Other current assets
Cash and cash equivalents 21 42 72 79
Total assets 1,881 1,657 1,363 1,497
Equity 1,253 1,026 998 1,104
Grants and subsidies
Liabilities 628 631 365 393
Financial liabilities 79 99 95 88
Long-term liabilities 479 454 29 11
Short-term liabilities 150 177 337 382
Equity and liabilities 1,881 1,657 1,363 1,497

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) -2% -16% -2% -1%
Return on equity (ROE) -4% -24% -3% -1%
Return on capital employed (ROCE) -1% 2% 4% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.04 0.06 0.07 0.06
Current Ratio 11.73 8.58 3.71 3.57
Quick ratio 11.38 8.32 3.35 3.20
Turnover ratios
Asset turnover 0.35 0.39 0.58 0.70
Fixed asset turnover 5.20 4.81 6.90 7.87
Equity turnover 0.53 0.63 0.79 0.94
Profitability ratios
EBITDA margin 2% 7% 7% 4%
Operating profit margin -1% 4% 5% 2%
Net profit margin -7% -43% -4% -1%
Other ratios
Dividends to the Municipality 0.00 0.00 0.00 0.00
Dividends paid / net profit 0.00 0.00 0.00 0.00

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Didžiasalio komunalinės paslaugos“
  • Legal formPrivate limited liability company (UAB)
  • Company code155513971
  • SectorOther
  • Line of businessUtilities
  • Representing institutionIgnalina district municipality
  • Share belonging to the Municipal100%
https://dkp.lt/
ROE

-1.2%

Number of employees

28

Financial data provided as at end-December 2022

Management

  • Antanas PauliukėnasChief Executive Officer

Information as of: 4/30/2023