Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB „Molėtų švara“ was reorganized on 29th of April, 2003. All the time company’s main activities were provision of utilities services, public areas manual and mechanized cleaning, disposal of waste management, landscaping works, lighting networks operation and maintenance, cemetery management and maintenance, common use areas administration and maintenance in multi-apartment buildings.

Financial results

P/L Statment

2021 2022 2023 2024
Revenue 1,699 2,088 2,576 2,599
Cost of goods sold 1,445 1,789 2,083 2,196
Gross profit (loss) 254 299 493 403
Gross profit margin 15% 14% 19% 16%
Operating expenses 235 271 334 360
Operating profit (loss) 19 28 159 43
Operating profit margin 1% 1% 6% 2%
EBITDA 93 109 247 136
EBITDA margin 5% 5% 10% 5%
Net profit (loss) 11 18 139 16
Net profit margin 1% 1% 5% 1%

Balance sheet

2021 2022 2023 2024
Non-current assets 514 732 886 839
Intangible assets 11 4 4 2
Tangible assets 503 728 882 836
Financial assets
Other non-current assets
Current assets 758 853 952 860
Inventories and prepaid expenses 22 26 25 34
Accounts receivable in one year 294 346 334 311
Other current assets
Cash and cash equivalents 442 481 593 514
Total assets 1,272 1,585 1,888 1,738
Equity 678 696 836 851
Grants and subsidies
Liabilities 594 889 1,052 886
Financial liabilities 183 323 385 293
Long-term liabilities 128 323 385 293
Short-term liabilities 465 566 668 593
Equity and liabilities 1,272 1,585 1,888 1,738

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) 1% 1% 8% 1%
Return on equity (ROE) 2% 3% 18% 2%
Return on capital employed (ROCE) 2% 3% 13% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.20 0.20 0.17
Current Ratio 1.63 1.51 1.43 1.45
Quick ratio 1.58 1.46 1.39 1.39
Turnover ratios
Asset turnover 1.34 1.32 1.36 1.50
Fixed asset turnover 3.30 2.85 2.91 3.10
Equity turnover 2.51 3.00 3.08 3.05
Profitability ratios
EBITDA margin 5% 5% 10% 5%
Operating profit margin 1% 1% 6% 2%
Net profit margin 1% 1% 5% 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

Expectations of the municipal

About the company

  • Official nameUAB Molėtų švara
  • Legal formPrivate limited liability company (UAB)
  • Company code167500661
  • SectorThe sector of the provision of multifunctional services
  • Line of businessWaste disposal services
  • Representing institutionMolėtai district municipality
  • Share belonging to the Municipal100%
  • Contacts https://moletusvara.lt/
ROE

1.9%

Number of employees

73

Financial data provided as at end-December 2024

Management

  • Elmaras MilinavičiusChief Executive Officer

Information as of: 2025/06/01