Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Druskininkų vandenys” was registered in 2007. The main activity of the company is the supply of drinking water and wastewater treatment to residents and companies. The company also operates surface wastewater infrastructure.

Financial results

P/L Statment

2021 2022 2023 2024
Revenue 1,586 1,765 1,789 2,165
Cost of goods sold 1,374 1,775 1,714 1,646
Gross profit (loss) 212 -11 76 519
Gross profit margin 13% -1% 4% 24%
Operating expenses 264 285 309 406
Operating profit (loss) -160 -416 -360 53
Operating profit margin -10% -24% -20% 2%
EBITDA 182 -20 -32 346
EBITDA margin 11% -1% -2% 16%
Net profit (loss) -166 -373 -361 16
Net profit margin -10% -21% -20% 1%

Balance sheet

2021 2022 2023 2024
Non-current assets 15,585 15,393 15,971 15,750
Intangible assets 31 24 19 32
Tangible assets 15,129 14,943 15,526 15,292
Financial assets 426 426 426 426
Other non-current assets
Current assets 756 629 433 377
Inventories and prepaid expenses 82 81 84 87
Accounts receivable in one year 279 222 258 275
Other current assets
Cash and cash equivalents 395 326 91 15
Total assets 16,346 16,023 16,408 16,128
Equity 6,158 5,785 5,424 5,439
Grants and subsidies 8,356 8,318 8,487 8,292
Liabilities 1,828 1,918 2,493 2,393
Financial liabilities 1,605 1,597 1,895 1,782
Long-term liabilities 1,599 1,509 1,782 1,669
Short-term liabilities 230 410 711 724
Equity and liabilities 16,346 16,023 16,408 16,128

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) -1% -2% -2% 0%
Return on equity (ROE) -3% -6% -6% 0%
Return on capital employed (ROCE) -2% -6% -5% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.10 0.10 0.12 0.11
Current Ratio 3.29 1.53 0.61 0.52
Quick ratio 2.93 1.34 0.49 0.40
Turnover ratios
Asset turnover 0.10 0.11 0.11 0.13
Fixed asset turnover 0.10 0.11 0.11 0.14
Equity turnover 0.26 0.31 0.33 0.40
Profitability ratios
EBITDA margin 11% -1% -2% 16%
Operating profit margin -10% -24% -20% 2%
Net profit margin -10% -21% -20% 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

Expectations of the municipal

About the company

  • Official nameUAB „Druskininkų vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code301500997
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionDruskininkai municipality
  • Share belonging to the Municipal100%
  • Contacts https://drusvand.lt/
ROE

0.3%

Number of employees

59

Financial data provided as at end-December 2024

Management

  • Mindaugas JskelevičiusChief Executive Officer

Information as of: 2025/06/01