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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Prienų vandenys was registered on September 16, 1991. Its main activities are the supply of cold water, wastewater disposal and treatment and servicing of settlement drinking water accounting devices. Other activities – rental of real estate owned by the company, installation of other buildings, other service activities.

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 1,092 1,229 1,364 1,516
Cost of goods sold 996 1,049 1,128 1,341
Gross profit (loss) 96 180 237 175
Gross profit margin 9% 15% 17% 12%
Operating expenses 233 336 391 413
Operating profit (loss) -138 -156 -155 -238
Operating profit margin -13% -13% -11% -16%
EBITDA 167 167 179 851
EBITDA margin 15% 14% 13% 56%
Net profit (loss) -138 -142 -140 510
Net profit margin -13% -12% -10% 34%

Balance sheet

2020 2021 2022 2023
Non-current assets 10,543 10,744 11,049 12,086
Intangible assets 28 31 22 16
Tangible assets 10,515 10,713 11,027 12,070
Financial assets
Other non-current assets
Current assets 874 686 530 544
Inventories and prepaid expenses 61 43 36 50
Accounts receivable in one year 143 201 255 316
Other current assets
Cash and cash equivalents 671 442 239 178
Total assets 11,420 11,440 11,593 12,675
Equity 7,359 7,208 7,335 7,845
Grants and subsidies 3,892 3,867 3,888 4,015
Liabilities 169 366 370 814
Financial liabilities 0 147 162 361
Long-term liabilities 147 162 342
Short-term liabilities 169 219 209 472
Equity and liabilities 11,420 11,440 11,593 12,675

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) -1% -1% -1% 4%
Return on equity (ROE) -2% -2% -2% 7%
Return on capital employed (ROCE) -2% -2% -2% -3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.01 0.01 0.03
Current Ratio 5.18 3.13 2.54 1.15
Quick ratio 4.83 2.94 2.37 1.05
Turnover ratios
Asset turnover 0.10 0.11 0.12 0.12
Fixed asset turnover 0.10 0.11 0.12 0.13
Equity turnover 0.15 0.17 0.19 0.19
Profitability ratios
EBITDA margin 15% 14% 13% 56%
Operating profit margin -13% -13% -11% -16%
Net profit margin -13% -12% -10% 34%
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 „Prienų vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code170639781
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionPrienai district municipality
  • Share belonging to the Municipal100%
  • Contacts https://prienuvandenys.lt/
ROE

6.7%

Number of employees

35

Financial data provided as at end-December 2023

Management

  • Rimantas IgnatavičiusChief Executive Officer

Information as of: 2024/04/30