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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 3,330 3,328 3,321 3,375
Cost of goods sold 2,262 2,328 2,252 2,417
Gross profit (loss) 1,069 1,000 1,069 958
Gross profit margin 32% 30% 32% 28%
Operating expenses 997 1,006 928 618
Operating profit (loss) 71 -6 141 340
Operating profit margin 2% -0% 4% 10%
EBITDA 309 345 456 702
EBITDA margin 9% 10% 14% 21%
Net profit (loss) 50 77 238 463
Net profit margin 1% 2% 7% 14%

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Balance sheet

2017 2018 2019 2020
Non-current assets 23,737 23,936 25,338 29,508
Intangible assets 0 0 11 7
Tangible assets 23,737 23,936 25,327 29,501
Financial assets 0 0 0 0
Other non-current assets 0 0 0 0
Current assets 541 791 736 1,556
Inventories and prepaid expenses 31 18 16 25
Accounts receivable in one year 424 376 357 411
Other current assets 0 0 0 0
Cash and cash equivalents 86 397 363 1,120
Total assets 24,280 24,730 26,080 31,067
Equity 3,196 3,273 3,511 3,974
Grants and subsidies 19,736 19,904 20,724 23,820
Liabilities 1,348 1,553 1,845 3,273
Financial liabilities 429 603 820 2,289
Long-term liabilities 721 817 933 2,219
Short-term liabilities 627 737 912 1,054
Equity and liabilities 24,280 24,730 26,080 31,067

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Financial ratios

2017 2018 2019 2020
Capital return ratios
Return on assets (ROA) 0% 0% 0% 0%
Return on equity (ROE) 0% 0% 0% 0%
Return on capital employed (ROCE) 0% 1% 2% 3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.18 0.23 0.58
Current Ratio 0.00 1.07 0.81 1.48
Quick ratio 0.00 1.05 0.79 1.45
Turnover ratios
Asset turnover 0.00 0.14 0.13 0.12
Fixed asset turnover 0.00 0.14 0.13 0.12
Equity turnover 0.00 1.03 0.98 0.90
Profitability ratios
EBITDA margin 0% 10% 14% 21%
Operating profit margin 0% -0% 4% 10%
Net profit margin 0% 2% 7% 14%
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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Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Mažeikių vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code166486116
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionMažeikiai district municipality
  • Share belonging to the Municipal100%
http://www.mvandenys.lt/
ROE

12.4%

Number of employees

98

Financial data provided as at end-December 2020