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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Kėdainių vandenys” was established on September 9, 1991. The main activities are water collection, treatment and supply, wastewater treatment.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 3,442 3,895 4,135 4,346
Cost of goods sold 2,785 2,856 3,112 4,087
Gross profit (loss) 657 1,039 1,023 259
Gross profit margin 19% 27% 25% 6%
Operating expenses 515 833 973 921
Operating profit (loss) -200 9 -133 -860
Operating profit margin -6% 0% -3% -20%
EBITDA 587 666 677 -164
EBITDA margin 17% 17% 16% -4%
Net profit (loss) 4 6 -14 -636
Net profit margin 0% 0% -0% -15%

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*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 36,365 41,375 44,310 44,222
Intangible assets 7 6 7 28
Tangible assets 36,210 41,257 44,199 44,096
Financial assets 149 113 103 98
Other non-current assets 0 0 0
Current assets 1,278 1,828 1,822 1,175
Inventories and prepaid expenses 126 129 188 180
Accounts receivable in one year 587 601 707 720
Other current assets 87 87 87
Cash and cash equivalents 478 1,011 840 275
Total assets 37,651 43,216 46,144 45,417
Equity 16,571 18,130 18,023 17,387
Grants and subsidies 18,568 20,053 22,344 22,572
Liabilities 2,513 5,033 5,673 5,458
Financial liabilities 945 1,370 1,757 1,844
Long-term liabilities 1,671 2,598 3,400 3,537
Short-term liabilities 842 2,435 2,273 1,920
Equity and liabilities 37,651 43,216 46,144 45,417

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 0% 0% -0% -1%
Return on equity (ROE) 0% 0% -0% -4%
Return on capital employed (ROCE) -1% 0% -1% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.03 0.04 0.04
Current Ratio 1.52 0.75 0.80 0.61
Quick ratio 1.37 0.70 0.72 0.52
Turnover ratios
Asset turnover 0.09 0.09 0.09 0.10
Fixed asset turnover 0.09 0.09 0.09 0.10
Equity turnover 0.21 0.21 0.23 0.25
Profitability ratios
EBITDA margin 17% 17% 16% -4%
Operating profit margin -6% 0% -3% -20%
Net profit margin 0% 0% -0% -15%
Other ratios
Dividends to the Municipality 0.00 0.00 0.00 0.00
Dividends paid / net profit 0.00 0.00 0.00 0.00

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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 „Kėdainių vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code161186428
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionKėdainiai district municipality
  • Share belonging to the Municipal99.92%
https://kedainiuvandenys.lt/
ROE

-3.6%

Number of employees

108

Financial data provided as at end-December 2022