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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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

2019 2020 2021 2022
Revenue 888 927 955 979
Cost of goods sold 815 836 869 900
Gross profit (loss) 73 91 87 79
Gross profit margin 8% 10% 9% 8%
Operating expenses 142 155 189 242
Operating profit (loss) -69 -63 -102 -164
Operating profit margin -8% -7% -11% -17%
EBITDA 88 110 51 0
EBITDA margin 10% 12% 5% -0%
Net profit (loss) -51 -38 -109 -153
Net profit margin -6% -4% -11% -16%

Balance sheet

2019 2020 2021 2022
Non-current assets 6,932 7,372 7,414 7,443
Intangible assets 0 15 14 15
Tangible assets 6,284 6,710 6,943 7,145
Financial assets
Other non-current assets 648 648 457 283
Current assets 253 282 241 244
Inventories and prepaid expenses 8 7 11 16
Accounts receivable in one year 87 82 115 113
Other current assets
Cash and cash equivalents 158 193 115 114
Total assets 7,186 7,659 7,657 7,689
Equity 2,940 2,902 2,793 2,879
Grants and subsidies 3,074 3,492 3,733 3,802
Liabilities 1,167 1,265 1,129 1,008
Financial liabilities 375 457 507 520
Long-term liabilities 1,024 1,105 964 803
Short-term liabilities 144 160 165 205
Equity and liabilities 7,186 7,659 7,657 7,689

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) -1% -1% -1% -2%
Return on equity (ROE) -2% -1% -4% -5%
Return on capital employed (ROCE) -2% -2% -3% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.05 0.06 0.07 0.07
Current Ratio 1.76 1.76 1.46 1.19
Quick ratio 1.71 1.72 1.40 1.11
Turnover ratios
Asset turnover 0.12 0.12 0.12 0.13
Fixed asset turnover 0.13 0.13 0.13 0.13
Equity turnover 0.30 0.32 0.34 0.34
Profitability ratios
EBITDA margin 10% 12% 5% -0%
Operating profit margin -8% -7% -11% -17%
Net profit margin -6% -4% -11% -16%
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 vanduo
  • Legal formPrivate limited liability company (UAB)
  • Company code167524751
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionMolėtai district municipality
  • Share belonging to the Municipal100%
https://moletuvanduo.lt/
ROE

-5.4%

Number of employees

33

Financial data provided as at end-December 2022