Kauno vandenys
UAB “Kauno vandenys” was registered as a special purpose company on July 27, 1995 and became the successor of the former Kaunas State Water Supply Company. On June 19, 2003 the name of the company was changed to UAB “Kauno vandenys”. The main activity of the company is drinking water supply and wastewater treatment.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 25,084 | 24,957 | 24,772 | 40,406 |
| Cost of goods sold | 23,114 | 22,920 | 28,293 | 27,576 |
| Gross profit (loss) | 1,970 | 2,037 | -3,521 | 12,830 |
| Gross profit margin | 8% | 8% | -14% | 32% |
| Operating expenses | 976 | 1,057 | 1,221 | 2,446 |
| Operating profit (loss) | 995 | 980 | -4,742 | 10,384 |
| Operating profit margin | 4% | 4% | -19% | 26% |
| EBITDA | 8,915 | 8,112 | 2,676 | 18,468 |
| EBITDA margin | 36% | 33% | 11% | 46% |
| Net profit (loss) | 1,488 | 538 | -4,040 | 9,411 |
| Net profit margin | 6% | 2% | -16% | 23% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 177,383 | 188,878 | 208,815 | 231,732 |
| Intangible assets | 163 | 110 | 122 | 97 |
| Tangible assets | 177,145 | 188,693 | 208,318 | 231,560 |
| Financial assets | 76 | 75 | 75 | 75 |
| Other non-current assets | 0 | 300 | 0 | |
| Current assets | 9,863 | 8,562 | 10,782 | 9,612 |
| Inventories and prepaid expenses | 167 | 242 | 388 | 355 |
| Accounts receivable in one year | 3,352 | 3,201 | 2,988 | 4,849 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 6,344 | 5,119 | 7,406 | 4,408 |
| Total assets | 187,635 | 197,845 | 219,978 | 242,009 |
| Equity | 118,535 | 116,873 | 112,833 | 122,244 |
| Grants and subsidies | 55,009 | 57,349 | 58,230 | 67,222 |
| Liabilities | 13,290 | 23,011 | 48,712 | 50,715 |
| Financial liabilities | 8,621 | 15,462 | 37,886 | 42,019 |
| Long-term liabilities | 8,380 | 15,899 | 38,082 | 41,748 |
| Short-term liabilities | 4,910 | 7,112 | 10,630 | 8,967 |
| Equity and liabilities | 187,635 | 197,845 | 219,978 | 242,009 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 0% | -2% | 4% |
| Return on equity (ROE) | 1% | 0% | -4% | 8% |
| Return on capital employed (ROCE) | 1% | 1% | -3% | 6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.05 | 0.08 | 0.17 | 0.17 |
| Current Ratio | 2.01 | 1.20 | 1.01 | 1.07 |
| Quick ratio | 1.97 | 1.17 | 0.98 | 1.03 |
| Turnover ratios | ||||
| Asset turnover | 0.13 | 0.13 | 0.11 | 0.17 |
| Fixed asset turnover | 0.14 | 0.13 | 0.12 | 0.17 |
| Equity turnover | 0.21 | 0.21 | 0.22 | 0.33 |
| Profitability ratios | ||||
| EBITDA margin | 36% | 33% | 11% | 46% |
| Operating profit margin | 4% | 4% | -19% | 26% |
| Net profit margin | 6% | 2% | -16% | 23% |
| Other ratios | ||||
| Dividends to the Municipality | 2,200.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 1.48 | 0.00 | 0.00 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Kauno vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code132751369
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionKaunas city municipality
- Share belonging to the Municipal100%
ROE
8.0%
Number of employees
348
Financial data provided as at end-December 2023
Management
- Ramūnas Petras ŠulskusChief Executive Officer
Information as of: 2024/04/30
