Druskininkų vandenys
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
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,581 | 1,586 | 1,765 | 1,789 |
| Cost of goods sold | 1,284 | 1,374 | 1,775 | 1,714 |
| Gross profit (loss) | 297 | 212 | -11 | 76 |
| Gross profit margin | 19% | 13% | -1% | 4% |
| Operating expenses | 363 | 264 | 285 | 309 |
| Operating profit (loss) | -166 | -160 | -416 | -360 |
| Operating profit margin | -10% | -10% | -24% | -20% |
| EBITDA | 179 | 182 | -20 | -32 |
| EBITDA margin | 11% | 11% | -1% | -2% |
| Net profit (loss) | -165 | -166 | -373 | -361 |
| Net profit margin | -10% | -10% | -21% | -20% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 15,803 | 15,585 | 15,393 | 15,971 |
| Intangible assets | 23 | 31 | 24 | 19 |
| Tangible assets | 15,354 | 15,129 | 14,943 | 15,526 |
| Financial assets | 426 | 426 | 426 | 426 |
| Other non-current assets | ||||
| Current assets | 716 | 756 | 629 | 433 |
| Inventories and prepaid expenses | 56 | 82 | 81 | 84 |
| Accounts receivable in one year | 227 | 279 | 222 | 258 |
| Other current assets | ||||
| Cash and cash equivalents | 433 | 395 | 326 | 91 |
| Total assets | 16,523 | 16,346 | 16,023 | 16,408 |
| Equity | 6,323 | 6,158 | 5,785 | 5,424 |
| Grants and subsidies | 8,339 | 8,356 | 8,318 | 8,487 |
| Liabilities | 1,857 | 1,828 | 1,918 | 2,493 |
| Financial liabilities | 1,384 | 1,605 | 1,597 | 1,895 |
| Long-term liabilities | 1,384 | 1,599 | 1,509 | 1,782 |
| Short-term liabilities | 474 | 230 | 410 | 711 |
| Equity and liabilities | 16,523 | 16,346 | 16,023 | 16,408 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -1% | -2% | -2% |
| Return on equity (ROE) | -3% | -3% | -6% | -6% |
| Return on capital employed (ROCE) | -2% | -2% | -6% | -5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.08 | 0.10 | 0.10 | 0.13 |
| Current Ratio | 1.51 | 3.29 | 1.53 | 0.61 |
| Quick ratio | 1.39 | 2.93 | 1.34 | 0.49 |
| Turnover ratios | ||||
| Asset turnover | 0.10 | 0.10 | 0.11 | 0.11 |
| Fixed asset turnover | 0.10 | 0.10 | 0.11 | 0.11 |
| Equity turnover | 0.25 | 0.26 | 0.31 | 0.33 |
| Profitability ratios | ||||
| EBITDA margin | 11% | 11% | -1% | -2% |
| Operating profit margin | -10% | -10% | -24% | -20% |
| Net profit margin | -10% | -10% | -21% | -20% |
| 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
-6.4%
Number of employees
60
Financial data provided as at end-December 2023
Management
- Mindaugas JaskelevičiusChief Executive Officer
Information as of: 2024/04/30
