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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

December 1994 The state joint-stock utility company was reorganized into AB “Dunokai” on 2003 July 7. The main activities are utilities, construction, repair, operation of streets, roads and their elements, collection and sale of unsorted packaging waste to waste managers, transport services, rental of machinery and property, management and maintenance of city facilities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,192 1,159 2,258 1,466
Cost of goods sold 981 1,064 1,889 1,240
Gross profit (loss) 212 94 370 226
Gross profit margin 18% 8% 16% 15%
Operating expenses 184 196 193 204
Operating profit (loss) 28 -102 177 21
Operating profit margin 2% -9% 8% 1%
EBITDA 90 -30 271 121
EBITDA margin 8% -3% 12% 8%
Net profit (loss) 24 -89 155 26
Net profit margin 2% -8% 7% 2%

* Left axis

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

Balance sheet

2018 2019 2020 2021
Non-current assets 332 365 379 420
Intangible assets 4 3
Tangible assets 318 337 365 408
Financial assets
Other non-current assets 14 29 10 10
Current assets 982 778 993 544
Inventories and prepaid expenses 10 14 11 16
Accounts receivable in one year 374 272 385 395
Other current assets
Cash and cash equivalents 598 492 596 133
Total assets 1,317 1,180 1,422 1,005
Equity 1,150 1,047 1,187 769
Grants and subsidies 4 2
Liabilities 165 133 230 233
Financial liabilities
Long-term liabilities
Short-term liabilities 165 133 230 229
Equity and liabilities 1,317 1,180 1,422 1,005

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

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 2% -7% 12% 2%
Return on equity (ROE) 2% -8% 14% 3%
Return on capital employed (ROCE) 5% -19% 31% 7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 5.96 5.86 4.31 2.38
Quick ratio 5.90 5.75 4.26 2.31
Turnover ratios
Asset turnover 0.89 0.93 1.74 1.21
Fixed asset turnover 3.58 3.32 6.07 3.67
Equity turnover 1.04 1.06 2.02 1.50
Profitability ratios
EBITDA margin 8% -3% 12% 8%
Operating profit margin 2% -9% 8% 1%
Net profit margin 2% -8% 7% 2%
Other ratios
Dividends to the Municipality 8.42 8.42 8.42
Dividends paid / net profit 0.36 -0.09 0.05

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

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Dunokai“
  • Legal formPrivate limited liability company (UAB)
  • Company code179340620
  • SectorOther
  • Line of businessMaintenance of public areas
  • Representing institutionTauragė district municipality
  • Share belonging to the Municipal56.1%
www.dunokai.lt
ROE

2.7%

Number of employees

45

Financial data provided as at end-December 2021