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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

2018 2019 2020 2021
Revenue 786 888 927 955
Cost of goods sold 717 815 836 869
Gross profit (loss) 69 73 91 87
Gross profit margin 9% 8% 10% 9%
Operating expenses 101 142 155 189
Operating profit (loss) -33 -69 -63 -102
Operating profit margin -4% -8% -7% -11%
EBITDA 152 88 110 51
EBITDA margin 19% 10% 12% 5%
Net profit (loss) -18 -51 -38 -109
Net profit margin -2% -6% -4% -11%

Balance sheet

2018 2019 2020 2021
Non-current assets 6,688 6,932 7,372 7,414
Intangible assets 0 0 15 14
Tangible assets 6,040 6,284 6,710 6,943
Financial assets
Other non-current assets 648 648 648 457
Current assets 215 253 282 241
Inventories and prepaid expenses 4 8 7 11
Accounts receivable in one year 72 87 82 115
Other current assets
Cash and cash equivalents 139 158 193 115
Total assets 6,905 7,186 7,659 7,657
Equity 2,991 2,940 2,902 2,793
Grants and subsidies 2,851 3,074 3,492 3,733
Liabilities 1,063 1,167 1,265 1,129
Financial liabilities 228 375 457 507
Long-term liabilities 877 1,024 1,105 964
Short-term liabilities 186 144 160 165
Equity and liabilities 6,905 7,186 7,659 7,657

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -0% -1% -1% -1%
Return on equity (ROE) -1% -2% -1% -4%
Return on capital employed (ROCE) -1% -1% -1% -3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.08 0.13 0.16 0.18
Current Ratio 1.15 1.76 1.76 1.46
Quick ratio 1.14 1.71 1.72 1.40
Turnover ratios
Asset turnover 0.12 0.13 0.12 0.12
Fixed asset turnover 0.12 0.13 0.13 0.13
Equity turnover 0.28 0.30 0.32 0.34
Profitability ratios
EBITDA margin 19% 10% 12% 5%
Operating profit margin -4% -8% -7% -11%
Net profit margin -2% -6% -4% -11%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

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://www.moletuvanduo.lt/
ROE

-3.8%

Number of employees

33

Financial data provided as at end-December 2021