Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

In 1995, the Pakruojis water supply company was transformed into the closed joint-stock company “Pakruojo vandentiekis”. The main goal of the company is to adapt to various market needs and provide constantly improving and ecological quality services at the most affordable prices, reliable supply of good and very good quality drinking water to consumers, rational use of natural resources, collection and treatment of wastewater, thus improving the district’s ecological quality, as well as to provide high quality services that meet the needs of customers.

Financial results

P/L Statment

2021 2022 2023 2024
Revenue 914 922 1,184 1,228
Cost of goods sold 684 867 857 867
Gross profit (loss) 230 55 327 361
Gross profit margin 25% 6% 28% 29%
Operating expenses 197 255 254 329
Operating profit (loss) -51 -275 -5 -50
Operating profit margin -6% -30% -0% -4%
EBITDA 236 87 384 346
EBITDA margin 26% 9% 32% 28%
Net profit (loss) 7 -192 55 18
Net profit margin 1% -21% 5% 1%

Balance sheet

2021 2022 2023 2024
Non-current assets 14,462 17,718 17,312 17,227
Intangible assets 0 0 0 0
Tangible assets 14,462 17,718 17,312 17,227
Financial assets 0 0
Other non-current assets 0 0
Current assets 257 150 348 376
Inventories and prepaid expenses 6 7 13 13
Accounts receivable in one year 87 83 106 101
Other current assets 0 72
Cash and cash equivalents 164 60 230 190
Total assets 14,720 17,870 17,663 17,606
Equity 4,150 7,057 7,111 7,661
Grants and subsidies 9,664 9,337 9,022 8,853
Liabilities 907 1,470 1,530 1,092
Financial liabilities 657 614 570 526
Long-term liabilities 614 570 526 483
Short-term liabilities 293 900 1,004 610
Equity and liabilities 14,720 17,870 17,663 17,606

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) 0% -1% 0% 0%
Return on equity (ROE) 0% -3% 1% 0%
Return on capital employed (ROCE) -1% -4% -0% -1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.04 0.03 0.03 0.03
Current Ratio 0.88 0.17 0.35 0.62
Quick ratio 0.85 0.16 0.33 0.60
Turnover ratios
Asset turnover 0.06 0.05 0.07 0.07
Fixed asset turnover 0.06 0.05 0.07 0.07
Equity turnover 0.22 0.13 0.17 0.16
Profitability ratios
EBITDA margin 26% 9% 32% 28%
Operating profit margin -6% -30% -0% -4%
Net profit margin 1% -21% 5% 1%
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 „Pakruojo vandentiekis“
  • Legal formPrivate limited liability company (UAB)
  • Company code167922698
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionPakruojis district municipality
  • Share belonging to the Municipal100%
  • Contacts https://vandentiekis.com/
ROE

0.2%

Number of employees

27

Financial data provided as at end-December 2024

Management

  • Dainius JurgaitisChief Executive Officer

Information as of: 2025/06/01