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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Kalvarijos komunalininkas” was established on September 9, 1992. The main activities of the company are drinking water supply and wastewater treatment, as well as other related activities, administration services of apartment buildings, heat supply, provision of all types of utilities, construction repair works, real estate management and other service activities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 777 777 864 928
Cost of goods sold 577 599 613 670
Gross profit (loss) 200 179 250 258
Gross profit margin 26% 23% 29% 28%
Operating expenses 179 230 321 261
Operating profit (loss) 21 -51 -71 -3
Operating profit margin 3% -7% -8% -0%
EBITDA 70 -1 -35 58
EBITDA margin 9% -0% -4% 6%
Net profit (loss) 16 -76 -99 -7
Net profit margin 2% -10% -11% -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 11,077 10,854 10,606 10,259
Intangible assets
Tangible assets 9,870 9,647 9,400 9,053
Financial assets 1,206 1,206 1,206 1,206
Other non-current assets
Current assets 514 514 483 682
Inventories and prepaid expenses 25 25 23 23
Accounts receivable in one year 356 323 323 322
Other current assets
Cash and cash equivalents 134 166 137 338
Total assets 11,591 11,368 11,089 10,941
Equity 2,270 2,194 2,114 2,257
Grants and subsidies 8,636 8,401 8,276 7,979
Liabilities 685 773 698 706
Financial liabilities 410 468 365 384
Long-term liabilities 338 351 364 364
Short-term liabilities 323 396 305 302
Equity and liabilities 11,591 11,368 11,089 10,941

* 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% -1% -1% -0%
Return on equity (ROE) 1% -3% -5% -0%
Return on capital employed (ROCE) 0% -1% -2% -0%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.18 0.21 0.17 0.17
Current Ratio 1.59 1.30 1.58 2.26
Quick ratio 1.51 1.23 1.51 2.18
Turnover ratios
Asset turnover 0.07 0.07 0.08 0.08
Fixed asset turnover 0.07 0.07 0.08 0.09
Equity turnover 0.35 0.35 0.40 0.42
Profitability ratios
EBITDA margin 9% -0% -4% 6%
Operating profit margin 3% -7% -8% -0%
Net profit margin 2% -10% -11% -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 „Kalvarijos komunalininkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code165717011
  • SectorWater utilities
  • Line of businessUtilities: water and in the suburbs, municipal waste collection, management
  • Representing institutionKalvarija municipality
  • Share belonging to the Municipal100%
https://kalvkomunal.lt/
ROE

-0.3%

Number of employees

45

Financial data provided as at end-December 2021