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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

2018 2019 2020 2021
Revenue 4,704 5,741 5,608 6,527
Cost of goods sold 3,686 4,239 4,784 5,895
Gross profit (loss) 1,018 1,503 824 633
Gross profit margin 22% 26% 15% 10%
Operating expenses 383 311 356 524
Operating profit (loss) 635 1,192 468 109
Operating profit margin 14% 21% 8% 2%
EBITDA 931 1,555 975 547
EBITDA margin 20% 27% 17% 8%
Net profit (loss) 522 1,188 380 130
Net profit margin 11% 21% 7% 2%

* Left axis

** Right axis

*** 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 10,617 9,077 7,099 6,024
Intangible assets 17 11 8 3
Tangible assets 10,302 8,690 6,675 5,544
Financial assets
Other non-current assets 298 377 416 477
Current assets 2,636 4,429 5,494 5,303
Inventories and prepaid expenses 6 4 13 15
Accounts receivable in one year 789 663 680 671
Other current assets
Cash and cash equivalents 1,841 3,761 4,801 4,616
Total assets 13,256 13,512 12,601 11,334
Equity 1,311 2,500 2,879 2,894
Grants and subsidies 7,571 6,197 4,766 3,693
Liabilities 4,373 4,797 4,948 4,727
Financial liabilities 1,418 1,202 396
Long-term liabilities 1,300 1,189 951 311
Short-term liabilities 1,088 1,096 1,220 1,306
Equity and liabilities 13,256 13,512 12,601 11,334

* 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) 4% 9% 3% 1%
Return on equity (ROE) 6% 14% 5% 2%
Return on capital employed (ROCE) 10% 19% 8% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.16 0.16 0.06
Current Ratio 2.42 4.04 4.50 4.06
Quick ratio 2.42 4.04 4.49 4.05
Turnover ratios
Asset turnover 0.37 0.43 0.43 0.55
Fixed asset turnover 0.45 0.58 0.69 0.99
Equity turnover 4.48 3.01 2.09 2.26
Profitability ratios
EBITDA margin 20% 27% 17% 8%
Operating profit margin 14% 21% 8% 2%
Net profit margin 11% 21% 7% 2%
Other ratios
Dividends to the Municipality 114.80 39.00
Dividends paid / net profit 0.30 0.30

* Left axis

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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 Municipal100%
https://pratc.lt/
ROE

1.8%

Number of employees

58

Financial data provided as at end-December 2021