Kauno švara
SĮ „Švara“ was registered in 1991 and in 2000 was reorganized into UAB „Kauno švara“. The main activity of the company is the collection, pressing and transportation of municipal, construction, green, industrial, bulky, hazardous waste. Collection and sorting of secondary raw materials, management of packaging and packaging waste, issuance of certificates. Also environmental care – cleaning and maintenance of city streets and territories.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 24,557 | 28,477 | 33,373 | 36,213 |
| Cost of goods sold | 19,266 | 22,601 | 27,850 | 31,143 |
| Gross profit (loss) | 5,291 | 5,876 | 5,523 | 5,070 |
| Gross profit margin | 22% | 21% | 17% | 14% |
| Operating expenses | 2,243 | 2,160 | 2,808 | 2,355 |
| Operating profit (loss) | 3,047 | 3,716 | 2,715 | 2,715 |
| Operating profit margin | 12% | 13% | 8% | 7% |
| EBITDA | 5,246 | 7,558 | 6,816 | 7,066 |
| EBITDA margin | 21% | 27% | 20% | 20% |
| Net profit (loss) | 2,550 | 3,132 | 2,268 | 2,281 |
| Net profit margin | 10% | 11% | 7% | 6% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 20,376 | 20,499 | 21,802 | 24,541 |
| Intangible assets | 28 | 16 | 17 | 14 |
| Tangible assets | 18,105 | 18,235 | 19,308 | 22,028 |
| Financial assets | 2,178 | 2,178 | 2,385 | 2,379 |
| Other non-current assets | 65 | 70 | 92 | 120 |
| Current assets | 8,058 | 8,899 | 9,632 | 8,441 |
| Inventories and prepaid expenses | 1,057 | 1,041 | 1,106 | 980 |
| Accounts receivable in one year | 3,300 | 3,698 | 4,450 | 4,058 |
| Other current assets | 0 | 0 | ||
| Cash and cash equivalents | 3,702 | 4,160 | 4,077 | 3,404 |
| Total assets | 28,527 | 29,531 | 31,594 | 33,190 |
| Equity | 15,138 | 16,545 | 19,294 | 19,076 |
| Grants and subsidies | 3,899 | 3,146 | 2,329 | 1,645 |
| Liabilities | 9,261 | 9,624 | 9,693 | 12,154 |
| Financial liabilities | 5,831 | 5,529 | 4,764 | 7,000 |
| Long-term liabilities | 4,069 | 3,978 | 2,976 | 4,122 |
| Short-term liabilities | 5,192 | 5,646 | 6,717 | 8,032 |
| Equity and liabilities | 28,527 | 29,531 | 31,594 | 33,190 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 10% | 11% | 7% | 7% |
| Return on equity (ROE) | 17% | 20% | 13% | 12% |
| Return on capital employed (ROCE) | 16% | 18% | 12% | 12% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.20 | 0.19 | 0.15 | 0.21 |
| Current Ratio | 1.55 | 1.58 | 1.43 | 1.05 |
| Quick ratio | 1.35 | 1.39 | 1.27 | 0.93 |
| Turnover ratios | ||||
| Asset turnover | 0.86 | 0.96 | 1.06 | 1.09 |
| Fixed asset turnover | 1.21 | 1.39 | 1.53 | 1.48 |
| Equity turnover | 1.62 | 1.72 | 1.73 | 1.90 |
| Profitability ratios | ||||
| EBITDA margin | 21% | 27% | 20% | 20% |
| Operating profit margin | 12% | 13% | 8% | 7% |
| Net profit margin | 10% | 11% | 7% | 6% |
| Other ratios | ||||
| Dividends to the Municipality | 2,000.00 | 2,000.00 | 2,500.00 | 2,000.00 |
| Dividends paid / net profit | 0.78 | 0.64 | 1.10 | 0.88 |
Expectations of the municipal
About the company
- Official nameUAB „Kauno švara“
- Legal formPrivate limited liability company (UAB)
- Company code132616649
- SectorOther
- Line of businessWaste disposal services
- Representing institutionKaunas city municipality
- Share belonging to the Municipal100%
Return to the Municipality
2.0 EUR milion
ROE
11.9%
Number of employees
591
Financial data provided as at end-December 2023
Management
- Saulius LazauskasChief Executive Officer
Information as of: 2024/04/30
