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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Panevėžio regiono atliekų tvarkymo centras was established in 2005. July 1 Main activities – management and disposal of non-hazardous waste, environmental control, ecological monitoring

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 5,741 5,608 6,527 6,344
Cost of goods sold 4,239 4,784 5,895 6,478
Gross profit (loss) 1,503 824 633 -134
Gross profit margin 26% 15% 10% -2%
Operating expenses 311 356 524 448
Operating profit (loss) 1,192 468 109 -581
Operating profit margin 21% 8% 2% -9%
EBITDA 1,555 975 547 -53
EBITDA margin 27% 17% 8% -1%
Net profit (loss) 1,188 380 130 -939
Net profit margin 21% 7% 2% -15%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 9,077 7,099 6,024 4,820
Intangible assets 11 8 3 5
Tangible assets 8,690 6,675 5,544 4,696
Financial assets
Other non-current assets 377 416 477 119
Current assets 4,429 5,494 5,303 5,184
Inventories and prepaid expenses 4 13 15 28
Accounts receivable in one year 663 680 671 588
Other current assets
Cash and cash equivalents 3,761 4,801 4,616 4,568
Total assets 13,512 12,601 11,334 10,015
Equity 2,500 2,879 2,894 1,917
Grants and subsidies 6,197 4,766 3,693 2,962
Liabilities 2,285 2,172 1,617 1,730
Financial liabilities 1,418 1,202 396 374
Long-term liabilities 1,189 951 311 283
Short-term liabilities 1,096 1,220 1,306 1,447
Equity and liabilities 13,512 12,601 11,334 10,015

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 9% 3% 1% -9%
Return on equity (ROE) 62% 14% 4% -39%
Return on capital employed (ROCE) 32% 12% 3% -26%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.10 0.10 0.03 0.04
Current Ratio 4.04 4.50 4.06 3.58
Quick ratio 4.04 4.49 4.05 3.56
Turnover ratios
Asset turnover 0.42 0.45 0.58 0.63
Fixed asset turnover 0.63 0.79 1.08 1.32
Equity turnover 2.30 1.95 2.26 3.31
Profitability ratios
EBITDA margin 27% 17% 8% -1%
Operating profit margin 21% 8% 2% -9%
Net profit margin 21% 7% 2% -15%
Other ratios
Dividends to the Municipality 0.00 114.80 39.00 0.00
Dividends paid / net profit 0.00 0.30 0.30 0.00

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*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB Panevėžio regiono atliekų tvarkymo centras
  • Legal formPrivate limited liability company (UAB)
  • Company code300127004
  • SectorRegional waste management center
  • Line of businessWaste disposal services
  • Representing institutionPanevėžys city municipality
    ↑ Controlling (holding the largest share) institution

    Biržai district municipality
    Panevėžys district municipality
    Pasvalys district municipality
    Rokiškis district municipality
  • Share belonging to the Municipal39.8%
https://pratc.lt/
ROE

-39.0%

Number of employees

62

Financial data provided as at end-December 2022