Elektrėnų komunalinis ūkis
By the decision of AB Lietuvos Energija in 2000 Komunalinių įmonių kombinatas was separated from AB Lietuvos Elektrinė and renamed into UAB Elektrėnų komunalinis ūkis, whose sole shareholder is the Elektrėnai Municipality Council. The company supplies heat energy and drinking water, collects and purifies wastewater and waste, administers apartments and other premises, maintains general order in the city.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 7,021 | 7,864 | 9,918 | 10,403 |
| Cost of goods sold | 6,015 | 6,907 | 8,894 | 9,178 |
| Gross profit (loss) | 1,006 | 957 | 1,024 | 1,225 |
| Gross profit margin | 14% | 12% | 10% | 12% |
| Operating expenses | 890 | 932 | 1,085 | 1,308 |
| Operating profit (loss) | 116 | 25 | -62 | -82 |
| Operating profit margin | 2% | 0% | -1% | -1% |
| EBITDA | 774 | 751 | 682 | 793 |
| EBITDA margin | 11% | 10% | 7% | 8% |
| Net profit (loss) | 212 | 118 | 14 | 7 |
| Net profit margin | 3% | 1% | 0% | 0% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 21,566 | 22,936 | 23,674 | 23,432 |
| Intangible assets | 31 | 9 | 9 | 46 |
| Tangible assets | 21,441 | 22,835 | 23,578 | 23,293 |
| Financial assets | 3 | 3 | 3 | 3 |
| Other non-current assets | 93 | 90 | 85 | 90 |
| Current assets | 2,696 | 2,626 | 3,233 | 3,009 |
| Inventories and prepaid expenses | 182 | 228 | 240 | 273 |
| Accounts receivable in one year | 1,328 | 1,575 | 2,278 | 1,723 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 1,186 | 823 | 716 | 1,013 |
| Total assets | 24,318 | 25,575 | 26,920 | 26,465 |
| Equity | 6,984 | 6,782 | 6,796 | 6,803 |
| Grants and subsidies | 13,038 | 14,064 | 14,625 | 14,447 |
| Liabilities | 4,293 | 4,729 | 5,498 | 5,213 |
| Financial liabilities | 2,223 | 2,728 | 2,467 | 2,321 |
| Long-term liabilities | 2,122 | 2,256 | 2,083 | 1,893 |
| Short-term liabilities | 2,171 | 2,473 | 3,415 | 3,320 |
| Equity and liabilities | 24,318 | 25,575 | 26,920 | 26,465 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 0% | 0% | 0% |
| Return on equity (ROE) | 3% | 2% | 0% | 0% |
| Return on capital employed (ROCE) | 1% | 0% | -1% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.10 | 0.11 | 0.14 | 0.14 |
| Current Ratio | 1.24 | 1.06 | 0.95 | 0.91 |
| Quick ratio | 1.16 | 0.97 | 0.88 | 0.82 |
| Turnover ratios | ||||
| Asset turnover | 0.29 | 0.31 | 0.37 | 0.39 |
| Fixed asset turnover | 0.33 | 0.34 | 0.42 | 0.44 |
| Equity turnover | 1.01 | 1.16 | 1.46 | 1.53 |
| Profitability ratios | ||||
| EBITDA margin | 11% | 10% | 7% | 8% |
| Operating profit margin | 2% | 0% | -1% | -1% |
| Net profit margin | 3% | 1% | 0% | 0% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Elektrėnų komunalinis ūkis“
- Legal formPrivate limited liability company (UAB)
- Company code181613656
- SectorOther
- Line of businessUtilities
- Representing institutionElektrėnai municipality
- Share belonging to the Municipal100%
ROE
0.1%
Number of employees
186
Financial data provided as at end-December 2023
Management
- Ričardas LeckasChief Executive Officer
Information as of: 2024/04/30
