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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Dzūkijos vandenys” have been registered in 1991, as a closed joint-stock company supplying drinking water, operating sewage networks and sewage plants, laying and repairing water supply and sewage systems, and performing other works on the Alytus city. The purpose of the company is to provide reliable water supply and wastewater treatment services to consumers at the lowest cost and with minimal damage to the environment.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 4,325 4,526 4,807 4,894
Cost of goods sold 2,737 2,911 3,106 3,263
Gross profit (loss) 1,588 1,616 1,701 1,631
Gross profit margin 37% 36% 35% 33%
Operating expenses 1,378 1,489 1,566 1,603
Operating profit (loss) 210 127 136 27
Operating profit margin 5% 3% 3% 1%
EBITDA 1,365 1,301 1,265 1,185
EBITDA margin 32% 29% 26% 24%
Net profit (loss) 211 175 168 52
Net profit margin 5% 4% 3% 1%

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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 42,218 43,464 44,386 43,078
Intangible assets 120 282 246 277
Tangible assets 42,098 43,182 44,140 42,801
Financial assets
Other non-current assets
Current assets 2,225 1,646 2,040 2,224
Inventories and prepaid expenses 196 224 255 221
Accounts receivable in one year 457 529 484 496
Other current assets
Cash and cash equivalents 1,572 893 1,301 1,508
Total assets 44,461 45,128 46,445 45,315
Equity 18,365 18,540 18,807 18,860
Grants and subsidies 23,296 23,765 24,724 24,136
Liabilities 2,799 2,823 2,913 2,320
Financial liabilities 1,326 1,515 1,826 1,777
Long-term liabilities 1,117 1,428 1,696 1,647
Short-term liabilities 1,627 1,340 1,195 651
Equity and liabilities 44,461 45,128 46,445 45,315

* 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) 0% 0% 0% 0%
Return on equity (ROE) 1% 1% 1% 0%
Return on capital employed (ROCE) 1% 1% 1% 0%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.08 0.10 0.09
Current Ratio 1.37 1.23 1.71 3.42
Quick ratio 1.25 1.06 1.49 3.08
Turnover ratios
Asset turnover 0.10 0.10 0.10 0.11
Fixed asset turnover 0.10 0.11 0.11 0.11
Equity turnover 0.24 0.25 0.26 0.26
Profitability ratios
EBITDA margin 32% 29% 26% 24%
Operating profit margin 5% 3% 3% 1%
Net profit margin 5% 4% 3% 1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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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 „Dzūkijos vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code149566841
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionAlytus city municipality
  • Share belonging to the Municipal99.88%
https://vandenys.lt
ROE

0.3%

Number of employees

133

Financial data provided as at end-December 2021