Pagėgių komunalinis ūkis
UAB Pagėgių komunalinis ūkis operates in accordance with the drinking water supply and wastewater management license issued by the resolution of the State Prices and Energy Control Commission on October 29, 2015. The main activities of the company are supply, selection and preparation of drinking water, wastewater collection and treatment, supply of district heating.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 474 | 476 | 528 | 523 |
| Cost of goods sold | 348 | 350 | 412 | 485 |
| Gross profit (loss) | 126 | 126 | 116 | 38 |
| Gross profit margin | 27% | 27% | 22% | 7% |
| Operating expenses | 159 | 113 | 133 | 157 |
| Operating profit (loss) | -74 | -31 | -65 | -170 |
| Operating profit margin | -16% | -7% | -12% | -32% |
| EBITDA | -29 | 11 | 0 | -117 |
| EBITDA margin | -6% | 2% | 0% | -22% |
| Net profit (loss) | -140 | -35 | -46 | -161 |
| Net profit margin | -30% | -7% | -9% | -31% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 6,313 | 5,810 | 5,414 | 5,221 |
| Intangible assets | 0 | 0 | ||
| Tangible assets | 6,312 | 5,809 | 5,413 | 5,220 |
| Financial assets | 1 | 1 | 1 | 1 |
| Other non-current assets | 0 | 0 | ||
| Current assets | 202 | 62 | 61 | 106 |
| Inventories and prepaid expenses | 46 | 23 | 22 | 31 |
| Accounts receivable in one year | 141 | 34 | 34 | 44 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 16 | 5 | 4 | 31 |
| Total assets | 6,516 | 5,873 | 5,474 | 5,327 |
| Equity | 259 | 254 | 322 | 216 |
| Grants and subsidies | 5,672 | 5,206 | 4,763 | 4,594 |
| Liabilities | 585 | 413 | 390 | 517 |
| Financial liabilities | 46 | 14 | 0 | 160 |
| Long-term liabilities | 75 | 42 | 5 | 96 |
| Short-term liabilities | 509 | 371 | 385 | 421 |
| Equity and liabilities | 6,516 | 5,873 | 5,474 | 5,327 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | -1% | -1% | -3% |
| Return on equity (ROE) | -41% | -14% | -16% | -60% |
| Return on capital employed (ROCE) | -22% | -11% | -20% | -54% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.01 | 0.00 | 0.00 | 0.03 |
| Current Ratio | 0.40 | 0.17 | 0.16 | 0.25 |
| Quick ratio | 0.31 | 0.11 | 0.10 | 0.18 |
| Turnover ratios | ||||
| Asset turnover | 0.07 | 0.08 | 0.10 | 0.10 |
| Fixed asset turnover | 0.08 | 0.08 | 0.10 | 0.10 |
| Equity turnover | 1.83 | 1.88 | 1.64 | 2.42 |
| Profitability ratios | ||||
| EBITDA margin | -6% | 2% | 0% | -22% |
| Operating profit margin | -16% | -7% | -12% | -32% |
| Net profit margin | -30% | -7% | -9% | -31% |
| 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
About the company
- Official nameUAB „Pagėgių komunalinis ūkis“
- Legal formPrivate limited liability company (UAB)
- Company code177390158
- SectorOther
- Line of businessUtilities: water
- Representing institutionPagėgiai district municipality
- Share belonging to the Municipal100%
ROE
-60.0%
Number of employees
28
Financial data provided as at end-December 2022
Management
- Raimondas FridrikasChief Executive Officer
Information as of: 4/30/2023
