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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

2018 2019 2020 2021
Revenue 1,482 1,537 1,498 1,699
Cost of goods sold 1,221 1,214 1,263 1,445
Gross profit (loss) 261 324 234 254
Gross profit margin 18% 21% 16% 15%
Operating expenses 226 238 242 235
Operating profit (loss) 35 86 -8 19
Operating profit margin 2% 6% -1% 1%
EBITDA 116 167 63 93
EBITDA margin 8% 11% 4% 5%
Net profit (loss) 28 9 4 11
Net profit margin 2% 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

2018 2019 2020 2021
Non-current assets 394 508 567 514
Intangible assets 19 9 18 11
Tangible assets 375 499 549 503
Financial assets
Other non-current assets
Current assets 686 687 648 758
Inventories and prepaid expenses 19 17 19 22
Accounts receivable in one year 337 357 324 294
Other current assets
Cash and cash equivalents 329 313 305 442
Total assets 1,079 1,195 1,214 1,272
Equity 655 664 667 678
Grants and subsidies
Liabilities 424 531 547 594
Financial liabilities 31 139 183 128
Long-term liabilities 31 139 183 128
Short-term liabilities 393 393 364 465
Equity and liabilities 1,079 1,195 1,214 1,272

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 3% 1% 0% 1%
Return on equity (ROE) 4% 1% 1% 2%
Return on capital employed (ROCE) 10% 21% -2% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.05 0.21 0.27 0.19
Current Ratio 1.74 1.75 1.78 1.63
Quick ratio 1.69 1.71 1.73 1.58
Turnover ratios
Asset turnover 1.45 1.35 1.24 1.37
Fixed asset turnover 3.52 3.41 2.79 3.14
Equity turnover 2.31 2.33 2.25 2.53
Profitability ratios
EBITDA margin 8% 11% 4% 5%
Operating profit margin 2% 6% -1% 1%
Net profit margin 2% 1% 0% 1%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

About the company

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

1.6%

Number of employees

63

Financial data provided as at end-December 2021