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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Giraitės vandenys” was registered on May 7, 1992. The main activity of the company is drinking water supply, wastewater disposal and treatment, wastewater removal by sewage vehicles.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,913 2,052 2,450 2,718
Cost of goods sold 1,808 1,812 2,148 2,376
Gross profit (loss) 105 240 302 342
Gross profit margin 5% 12% 12% 13%
Operating expenses 212 229 313 326
Operating profit (loss) -108 11 -11 16
Operating profit margin -6% 1% -0% 1%
EBITDA 159 331 443 474
EBITDA margin 8% 16% 18% 17%
Net profit (loss) -84 8 16 19
Net profit margin -4% 0% 1% 1%

* 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 24,643 28,615 30,951 35,773
Intangible assets 1 0 25 22
Tangible assets 24,642 28,615 30,925 35,751
Financial assets
Other non-current assets
Current assets 721 471 624 762
Inventories and prepaid expenses 182 55 69 33
Accounts receivable in one year 451 363 466 476
Other current assets
Cash and cash equivalents 89 53 89 252
Total assets 25,371 29,091 31,579 36,537
Equity 5,328 9,073 9,089 9,108
Grants and subsidies 18,256 18,445 19,392 23,372
Liabilities 1,788 1,574 3,098 4,058
Financial liabilities 182 201 144 114
Long-term liabilities 20 14 10 18
Short-term liabilities 1,701 1,559 3,088 4,039
Equity and liabilities 25,371 29,091 31,579 36,537

* 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) -2% 0% 0% 0%
Return on capital employed (ROCE) -1% 0% 0% 0%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.02 0.02 0.01
Current Ratio 0.42 0.30 0.20 0.19
Quick ratio 0.32 0.27 0.18 0.18
Turnover ratios
Asset turnover 0.08 0.08 0.08 0.08
Fixed asset turnover 0.08 0.08 0.08 0.08
Equity turnover 0.40 0.29 0.27 0.30
Profitability ratios
EBITDA margin 8% 16% 18% 17%
Operating profit margin -6% 1% -0% 1%
Net profit margin -4% 0% 1% 1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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** Right axis

*** 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 „Giraitės vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code159702357
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionKaunas district municipality
  • Share belonging to the Municipal100%
https://giraitesvandenys.lt/
ROE

0.2%

Number of employees

84

Financial data provided as at end-December 2021