Ignalinos vanduo
Closed joint-stock company “Ignalinos Vanduo” was established in 1992. The company supplies water to Ignalina district residents and companies, collects and treats wastewater and leases spec. machines and tractors.
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 620 | 629 | 626 | 637 |
| Cost of goods sold | 500 | 509 | 520 | 557 |
| Gross profit (loss) | 120 | 120 | 106 | 80 |
| Gross profit margin | 19% | 19% | 17% | 13% |
| Operating expenses | 160 | 174 | 154 | 154 |
| Operating profit (loss) | -41 | -54 | -48 | -75 |
| Operating profit margin | -7% | -9% | -8% | -12% |
| EBITDA | 24 | 5 | 25 | -19 |
| EBITDA margin | 4% | 1% | 4% | -3% |
| Net profit (loss) | -14 | -38 | -29 | -68 |
| Net profit margin | -2% | -6% | -5% | -11% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 8,745 | 8,693 | 7,836 | 7,075 |
| Intangible assets | 2 | 1 | ||
| Tangible assets | 8,745 | 8,693 | 7,834 | 7,074 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 191 | 168 | 213 | 206 |
| Inventories and prepaid expenses | 9 | 19 | 15 | 28 |
| Accounts receivable in one year | 149 | 147 | 161 | 127 |
| Other current assets | ||||
| Cash and cash equivalents | 33 | 2 | 37 | 52 |
| Total assets | 8,946 | 8,873 | 8,049 | 7,281 |
| Equity | 1,015 | 977 | 948 | 908 |
| Grants and subsidies | 7,585 | 7,539 | 6,974 | 6,252 |
| Liabilities | 342 | 356 | 125 | 120 |
| Financial liabilities | 30 | 38 | 20 | |
| Long-term liabilities | 0 | 0 | ||
| Short-term liabilities | 293 | 305 | 81 | 79 |
| Equity and liabilities | 8,946 | 8,873 | 8,049 | 7,281 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | -0% | -0% | -1% |
| Return on equity (ROE) | -1% | -4% | -3% | -7% |
| Return on capital employed (ROCE) | -1% | -1% | -1% | -2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.03 | 0.04 | 0.02 | |
| Current Ratio | 0.65 | 0.55 | 2.62 | 2.62 |
| Quick ratio | 0.62 | 0.49 | 2.43 | 2.27 |
| Turnover ratios | ||||
| Asset turnover | 0.07 | 0.07 | 0.07 | 0.08 |
| Fixed asset turnover | 0.07 | 0.07 | 0.08 | 0.09 |
| Equity turnover | 0.61 | 0.63 | 0.65 | 0.69 |
| Profitability ratios | ||||
| EBITDA margin | 4% | 1% | 4% | -3% |
| Operating profit margin | -7% | -9% | -8% | -12% |
| Net profit margin | -2% | -6% | -5% | -11% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
About the company
- Official nameUAB „Ignalinos vanduo“
- Legal formPrivate limited liability company (UAB)
- Company code155461670
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionIgnalina district municipality
- Share belonging to the Municipal99.5%
ROE
-7.4%
Number of employees
35
Financial data provided as at end-December 2021
