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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Kupiškio komunalininkas was registered on July 20, 1995. Its main activities are collection and disposal of waste, operation of streets and bridges, installation and operation of technical measures regulating street traffic, maintenance and repair of general-purpose municipal facilities, operation and repair of electrical installations and other devices, building management and landscaping.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 1,512 1,483 1,570 1,826
Cost of goods sold 1,323 1,279 1,374 1,575
Gross profit (loss) 189 204 196 251
Gross profit margin 13% 14% 12% 14%
Operating expenses 184 191 186 235
Operating profit (loss) 6 13 10 16
Operating profit margin 0% 1% 1% 1%
EBITDA 52 54 67 72
EBITDA margin 3% 4% 4% 4%
Net profit (loss) 1 9 7 12
Net profit margin 0% 1% 0% 1%

* Left axis

** Right axis

*** 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 228 352 310 282
Intangible assets 1 0 0 2
Tangible assets 227 352 309 280
Financial assets
Other non-current assets
Current assets 371 321 355 462
Inventories and prepaid expenses 22 15 9 15
Accounts receivable in one year 344 297 338 436
Other current assets
Cash and cash equivalents 5 10 8 11
Total assets 599 674 665 745
Equity 201 210 216 228
Grants and subsidies
Liabilities 397 464 448 517
Financial liabilities 53 225 154 132
Long-term liabilities 10 141 117 93
Short-term liabilities 387 323 331 423
Equity and liabilities 599 674 665 745

* 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% 1% 1% 2%
Return on equity (ROE) 0% 4% 3% 5%
Return on capital employed (ROCE) 3% 4% 3% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.09 0.33 0.23 0.18
Current Ratio 0.96 1.00 1.07 1.09
Quick ratio 0.90 0.95 1.04 1.06
Turnover ratios
Asset turnover 2.53 2.20 2.36 2.45
Fixed asset turnover 6.63 4.21 5.07 6.47
Equity turnover 7.51 7.07 7.25 8.01
Profitability ratios
EBITDA margin 3% 4% 4% 4%
Operating profit margin 0% 1% 1% 1%
Net profit margin 0% 1% 0% 1%
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

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Kupiškio komunalininkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code164702526
  • SectorOther
  • Line of businessWaste disposal services
  • Representing institutionKupiškis district municipality
  • Share belonging to the Municipal100%
https://kupkom.lt/
ROE

5.2%

Number of employees

66

Financial data provided as at end-December 2022

Management

  • Vingaudas ŠarmaitisChief Executive Officer

Information as of: 4/30/2023