Kelmės vanduo
UAB “Kelmės vanduo” was established on June 19, 1995. The main activities are water supply, sewage disposal and treatment.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 1,535 | 2,189 | 2,286 | 1,812 |
| Cost of goods sold | 1,471 | 1,555 | 1,851 | 1,973 |
| Gross profit (loss) | 63 | 634 | 435 | -161 |
| Gross profit margin | 4% | 29% | 19% | -9% |
| Operating expenses | 404 | 492 | 620 | 511 |
| Operating profit (loss) | -341 | 142 | -185 | -672 |
| Operating profit margin | -22% | 6% | -8% | -37% |
| EBITDA | -82 | 539 | 380 | -28 |
| EBITDA margin | -5% | 25% | 17% | -2% |
| Net profit (loss) | -317 | 165 | -195 | -677 |
| Net profit margin | -21% | 8% | -9% | -37% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 17,779 | 25,077 | 24,342 | 25,626 |
| Intangible assets | 10 | 17 | 9 | 2 |
| Tangible assets | 17,769 | 25,060 | 24,333 | 25,625 |
| Financial assets | 0 | 0 | ||
| Other non-current assets | 0 | 0 | ||
| Current assets | 453 | 1,138 | 596 | 1,038 |
| Inventories and prepaid expenses | 28 | 13 | 26 | 32 |
| Accounts receivable in one year | 257 | 371 | 296 | 256 |
| Other current assets | ||||
| Cash and cash equivalents | 167 | 754 | 274 | 750 |
| Total assets | 18,234 | 26,218 | 24,941 | 26,667 |
| Equity | 6,955 | 9,053 | 11,951 | 11,274 |
| Grants and subsidies | 8,102 | 12,094 | 11,431 | 13,742 |
| Liabilities | 3,177 | 5,071 | 1,559 | 1,651 |
| Financial liabilities | 990 | 1,228 | 1,154 | 1,079 |
| Long-term liabilities | 909 | 1,154 | 1,079 | 1,003 |
| Short-term liabilities | 2,267 | 3,917 | 481 | 648 |
| Equity and liabilities | 18,234 | 26,218 | 24,941 | 26,667 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | 1% | -1% | -3% |
| Return on equity (ROE) | -5% | 2% | -2% | -6% |
| Return on capital employed (ROCE) | -4% | 1% | -1% | -5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.05 | 0.05 | 0.05 | 0.04 |
| Current Ratio | 0.20 | 0.29 | 1.24 | 1.60 |
| Quick ratio | 0.19 | 0.29 | 1.19 | 1.55 |
| Turnover ratios | ||||
| Asset turnover | 0.08 | 0.08 | 0.09 | 0.07 |
| Fixed asset turnover | 0.09 | 0.09 | 0.09 | 0.07 |
| Equity turnover | 0.22 | 0.24 | 0.19 | 0.16 |
| Profitability ratios | ||||
| EBITDA margin | -5% | 25% | 17% | -2% |
| Operating profit margin | -22% | 6% | -8% | -37% |
| Net profit margin | -21% | 8% | -9% | -37% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB „Kelmės vanduo“
- Legal formPrivate limited liability company (UAB)
- Company code162559136
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionKelmė district municipality
- Share belonging to the Municipal100%
- Contacts https://kelmesvanduo.lt/
ROE
-5.8%
Number of employees
44
Financial data provided as at end-December 2024
Management
- Mindaugas UžmiškisChief Executive Officer
Information as of: 2026-06-01
