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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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

2018 2019 2020 2021
Revenue 476 474 476 528
Cost of goods sold 338 348 350 412
Gross profit (loss) 138 126 126 115
Gross profit margin 29% 27% 27% 22%
Operating expenses 164 200 158 181
Operating profit (loss) -26 -74 -31 -65
Operating profit margin -6% -16% -7% -12%
EBITDA 438 -29 11 0
EBITDA margin 92% -6% 2% 0%
Net profit (loss) -28 -140 -35 -46
Net profit margin -6% -30% -7% -9%

Balance sheet

2018 2019 2020 2021
Non-current assets 6,684 6,313 5,810 5,413
Intangible assets
Tangible assets 6,683 6,312 5,809 5,412
Financial assets 1 1 1 1
Other non-current assets
Current assets 160 202 62 61
Inventories and prepaid expenses 71 46 23 22
Accounts receivable in one year 53 141 34 34
Other current assets
Cash and cash equivalents 36 16 5 4
Total assets 6,845 6,516 5,873 5,474
Equity 426 259 254 322
Grants and subsidies 6,102 5,672 5,206 4,763
Liabilities 316 585 413 390
Financial liabilities 78 46 14
Long-term liabilities 46 75 42 5
Short-term liabilities 271 509 371 385
Equity and liabilities 6,845 6,516 5,873 5,474

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -0% -2% -1% -1%
Return on equity (ROE) -6% -41% -14% -16%
Return on capital employed (ROCE) -1% -2% -1% -2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.18 0.18 0.05
Current Ratio 0.59 0.40 0.17 0.16
Quick ratio 0.33 0.31 0.11 0.10
Turnover ratios
Asset turnover 0.07 0.07 0.08 0.09
Fixed asset turnover 0.07 0.07 0.08 0.09
Equity turnover 1.08 1.38 1.86 1.83
Profitability ratios
EBITDA margin 92% -6% 2% 0%
Operating profit margin -6% -16% -7% -12%
Net profit margin -6% -30% -7% -9%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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%
http://www.pagegiuku.lt/
ROE

-16.1%

Number of employees

29

Financial data provided as at end-December 2021