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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

2018 2019 2020 2021
Revenue 694 659 648 785
Cost of goods sold 672 563 491 603
Gross profit (loss) 22 95 157 182
Gross profit margin 3% 14% 24% 23%
Operating expenses 103 104 134 145
Operating profit (loss) -81 -9 23 37
Operating profit margin -12% -1% 4% 5%
EBITDA -55 12 45 58
EBITDA margin -8% 2% 7% 7%
Net profit (loss) -74 -45 -278 -28
Net profit margin -11% -7% -43% -4%

Balance sheet

2018 2019 2020 2021
Non-current assets 145 127 135 114
Intangible assets 1 0
Tangible assets 144 127 135 114
Financial assets
Other non-current assets
Current assets 1,783 1,755 1,522 1,249
Inventories and prepaid expenses 59 53 45 120
Accounts receivable in one year 1,689 1,681 1,435 1,056
Other current assets
Cash and cash equivalents 35 21 42 72
Total assets 1,928 1,881 1,657 1,363
Equity 1,249 1,253 1,026 998
Grants and subsidies 15
Liabilities 664 628 631 365
Financial liabilities 103 79 99 95
Long-term liabilities 503 479 454 29
Short-term liabilities 161 150 177 337
Equity and liabilities 1,928 1,881 1,657 1,363

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -4% -2% -16% -2%
Return on equity (ROE) -6% -4% -24% -3%
Return on capital employed (ROCE) -9% -1% 3% 7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.08 0.06 0.10 0.10
Current Ratio 11.08 11.73 8.58 3.71
Quick ratio 10.71 11.38 8.32 3.35
Turnover ratios
Asset turnover 0.36 0.35 0.37 0.52
Fixed asset turnover 6.26 4.85 4.96 6.32
Equity turnover 0.56 0.53 0.57 0.78
Profitability ratios
EBITDA margin -8% 2% 7% 7%
Operating profit margin -12% -1% 4% 5%
Net profit margin -11% -7% -43% -4%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

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

-2.8%

Number of employees

27

Financial data provided as at end-December 2021