Molėtų vanduo
UAB “Molėtų vanduo” was registered on May 1, 1992. The main activity of the company is to supply consumers with high-quality drinking water and to collect and treat domestic wastewater so that it meets the environmental requirements for wastewater management. To provide high quality services that meet the needs of customers by implementing ISO standards.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 927 | 955 | 979 | 1,080 |
| Cost of goods sold | 836 | 869 | 900 | 948 |
| Gross profit (loss) | 91 | 87 | 79 | 132 |
| Gross profit margin | 10% | 9% | 8% | 12% |
| Operating expenses | 155 | 189 | 242 | 251 |
| Operating profit (loss) | -63 | -102 | -163 | -119 |
| Operating profit margin | -7% | -11% | -17% | -11% |
| EBITDA | 110 | 51 | 0 | 68 |
| EBITDA margin | 12% | 5% | -0% | 6% |
| Net profit (loss) | -38 | -109 | -153 | -100 |
| Net profit margin | -4% | -11% | -16% | -9% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 7,372 | 7,414 | 7,443 | 7,802 |
| Intangible assets | 15 | 14 | 15 | 17 |
| Tangible assets | 6,710 | 6,943 | 7,145 | 7,511 |
| Financial assets | ||||
| Other non-current assets | 648 | 457 | 283 | 274 |
| Current assets | 282 | 241 | 244 | 480 |
| Inventories and prepaid expenses | 7 | 11 | 16 | 21 |
| Accounts receivable in one year | 82 | 115 | 113 | 342 |
| Other current assets | ||||
| Cash and cash equivalents | 193 | 115 | 114 | 118 |
| Total assets | 7,659 | 7,657 | 7,689 | 8,303 |
| Equity | 2,902 | 2,793 | 2,879 | 2,890 |
| Grants and subsidies | 3,492 | 3,733 | 3,802 | 3,863 |
| Liabilities | 1,265 | 1,129 | 1,008 | 1,328 |
| Financial liabilities | 457 | 507 | 803 | 1,172 |
| Long-term liabilities | 1,105 | 964 | 803 | 875 |
| Short-term liabilities | 160 | 165 | 205 | 453 |
| Equity and liabilities | 7,659 | 7,657 | 7,689 | 8,303 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -1% | -2% | -1% |
| Return on equity (ROE) | -1% | -4% | -5% | -3% |
| Return on capital employed (ROCE) | -2% | -3% | -4% | -3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.06 | 0.07 | 0.10 | 0.14 |
| Current Ratio | 1.76 | 1.46 | 1.19 | 1.06 |
| Quick ratio | 1.72 | 1.40 | 1.11 | 1.01 |
| Turnover ratios | ||||
| Asset turnover | 0.12 | 0.12 | 0.13 | 0.13 |
| Fixed asset turnover | 0.13 | 0.13 | 0.13 | 0.14 |
| Equity turnover | 0.32 | 0.34 | 0.34 | 0.37 |
| Profitability ratios | ||||
| EBITDA margin | 12% | 5% | -0% | 6% |
| Operating profit margin | -7% | -11% | -17% | -11% |
| Net profit margin | -4% | -11% | -16% | -9% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB Molėtų vanduo
- Legal formPrivate limited liability company (UAB)
- Company code167524751
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionMolėtai district municipality
- Share belonging to the Municipal100%
ROE
-3.5%
Number of employees
36
Financial data provided as at end-December 2023
Management
- Gintautas ManiušisChief Executive Officer
Information as of: 2024/04/30
