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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

The company was registered on November 19, 1990 as UAB Kupiškio butų ūkis. On October 28, 2008 the final name of UAB Kupiškio vandenys was approved. The main activity is drinking water supply and wastewater treatment in the territory of Kupiškis district municipality.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 768 795 985 1,000
Cost of goods sold 630 687 738 781
Gross profit (loss) 139 107 248 219
Gross profit margin 18% 14% 25% 22%
Operating expenses 166 149 148 152
Operating profit (loss) -27 -41 99 67
Operating profit margin -4% -5% 10% 7%
EBITDA 105 118 264 403
EBITDA margin 14% 15% 27% 40%
Net profit (loss) -32 -41 93 27
Net profit margin -4% -5% 9% 3%

Balance sheet

2018 2019 2020 2021
Non-current assets 10,112 10,111 10,101 11,251
Intangible assets 7 6
Tangible assets 10,112 10,111 10,094 11,245
Financial assets
Other non-current assets
Current assets 317 254 446 466
Inventories and prepaid expenses 42 45 53 60
Accounts receivable in one year 140 78 76 79
Other current assets
Cash and cash equivalents 135 132 317 328
Total assets 10,490 10,453 10,617 11,790
Equity 3,928 5,317 5,409 6,495
Grants and subsidies 4,596 4,698 4,808 4,621
Liabilities 1,966 438 400 675
Financial liabilities 197 227 212 378
Long-term liabilities 197 227 212 182
Short-term liabilities 1,769 211 188 493
Equity and liabilities 10,490 10,452 10,617 11,790

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -0% -0% 1% 0%
Return on equity (ROE) -1% -1% 2% 0%
Return on capital employed (ROCE) -1% -1% 2% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.05 0.04 0.04 0.06
Current Ratio 0.18 1.21 2.37 0.95
Quick ratio 0.16 0.99 2.09 0.82
Turnover ratios
Asset turnover 0.08 0.08 0.09 0.09
Fixed asset turnover 0.08 0.08 0.10 0.09
Equity turnover 0.19 0.17 0.18 0.17
Profitability ratios
EBITDA margin 14% 15% 27% 40%
Operating profit margin -4% -5% 10% 7%
Net profit margin -4% -5% 9% 3%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

About the company

  • Official nameUAB „Kupiškio vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code164702145
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionKupiškis district municipality
  • Share belonging to the Municipal100%
http://kupiskiovandenys.lt/
ROE

0.4%

Number of employees

35

Financial data provided as at end-December 2021