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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Nemėžio district housing operation service was registered on March 16, 1992. It was re-registered as UAB Nemėžio Komunalininkas on December 28, 1995. The company’s main activities are the administration of multi-apartment buildings, waste management, water supply, heat production and supply.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 4,419 4,395 3,990 5,338
Cost of goods sold 3,840 3,827 3,638 5,573
Gross profit (loss) 579 568 352 -235
Gross profit margin 13% 13% 9% -4%
Operating expenses 569 580 627 735
Operating profit (loss) 10 -12 -275 -970
Operating profit margin 0% -0% -7% -18%
EBITDA 551 622 392 -234
EBITDA margin 12% 14% 10% -4%
Net profit (loss) 22 2 -256 -958
Net profit margin 0% 0% -6% -18%

* Left axis

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*** 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 23,168 24,984 26,404 27,510
Intangible assets 1 1 0
Tangible assets 23,168 24,983 26,404 27,509
Financial assets
Other non-current assets
Current assets 890 774 902 1,908
Inventories and prepaid expenses 98 76 150 266
Accounts receivable in one year 693 610 573 1,088
Other current assets
Cash and cash equivalents 100 89 179 555
Total assets 24,058 25,758 27,307 29,418
Equity 6,208 6,209 10,397 11,877
Grants and subsidies 13,396 13,625 13,373 13,398
Liabilities 4,454 5,924 3,537 4,143
Financial liabilities 448 378 650
Long-term liabilities 92 50 32 378
Short-term liabilities 4,152 5,608 3,163 3,490
Equity and liabilities 24,058 25,758 27,307 29,418

* 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) 0% 0% -1% -3%
Return on equity (ROE) 0% 0% -3% -9%
Return on capital employed (ROCE) 0% -0% -2% -7%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.04 0.05
Current Ratio 0.21 0.14 0.29 0.55
Quick ratio 0.19 0.12 0.24 0.47
Turnover ratios
Asset turnover 0.19 0.18 0.15 0.19
Fixed asset turnover 0.20 0.18 0.16 0.20
Equity turnover 0.84 0.71 0.48 0.48
Profitability ratios
EBITDA margin 12% 14% 10% -4%
Operating profit margin 0% -0% -7% -18%
Net profit margin 0% 0% -6% -18%
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

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Nemėžio komunalininkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code186063262
  • SectorOther
  • Line of businessUtilities
  • Representing institutionVilnius district municipality
  • Share belonging to the Municipal100%
http://www.nkom.lt/
ROE

-8.6%

Number of employees

161

Financial data provided as at end-December 2021