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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Jurbarko komunalininkas was established on November 5, 1998. The main activity of the company is electricity, gas, steam, hot water supply and service. The company also takes care of city management, administration of apartment buildings, collection and transportation of packages.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,383 1,375 1,490 1,632
Cost of goods sold 1,365 1,372 1,450 1,549
Gross profit (loss) 18 3 40 83
Gross profit margin 1% 0% 3% 5%
Operating expenses 7 25 29 84
Operating profit (loss) 11 -22 11 -2
Operating profit margin 1% -2% 1% -0%
EBITDA 67 21 71 67
EBITDA margin 5% 2% 5% 4%
Net profit (loss) 17 -22 13 6
Net profit margin 1% -2% 1% 0%

* Left axis

** Right axis

*** 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 295 277 430 444
Intangible assets 12 6 9 4
Tangible assets 283 270 421 440
Financial assets
Other non-current assets
Current assets 910 926 863 969
Inventories and prepaid expenses 94 101 72 83
Accounts receivable in one year 350 372 288 314
Other current assets
Cash and cash equivalents 465 454 504 571
Total assets 1,205 1,203 1,293 1,412
Equity 647 628 641 647
Grants and subsidies
Liabilities 558 575 652 766
Financial liabilities 103 79
Long-term liabilities 79 54
Short-term liabilities 558 575 573 712
Equity and liabilities 1,205 1,203 1,293 1,412

* 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) 1% -2% 1% 0%
Return on equity (ROE) 3% -3% 2% 1%
Return on capital employed (ROCE) 6% -7% 4% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.16 0.12
Current Ratio 1.63 1.61 1.51 1.36
Quick ratio 1.46 1.44 1.38 1.24
Turnover ratios
Asset turnover 1.17 1.14 1.19 1.21
Fixed asset turnover 4.70 4.81 4.22 3.74
Equity turnover 2.17 2.16 2.35 2.53
Profitability ratios
EBITDA margin 5% 2% 5% 4%
Operating profit margin 1% -2% 1% -0%
Net profit margin 1% -2% 1% 0%
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 „Jurbarko komunalininkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code258325370
  • SectorOther
  • Line of businessUtilities
  • Representing institutionJurbarkas district municipality
  • Share belonging to the Municipal100%
https://jurbkom.lt/
ROE

0.9%

Number of employees

81

Financial data provided as at end-December 2021