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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

2018 2019 2020 2021
Revenue 1,072 1,072 1,092 1,229
Cost of goods sold 945 984 996 1,049
Gross profit (loss) 127 88 96 180
Gross profit margin 12% 8% 9% 15%
Operating expenses 216 222 233 336
Operating profit (loss) -89 -134 -138 -156
Operating profit margin -8% -12% -13% -13%
EBITDA 264 268 167 167
EBITDA margin 25% 25% 15% 14%
Net profit (loss) 38 -28 -138 -142
Net profit margin 4% -3% -13% -12%

* Left axis

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*** 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 10,202 10,870 10,543 10,744
Intangible assets 5 43 28 31
Tangible assets 10,197 10,827 10,515 10,713
Financial assets
Other non-current assets
Current assets 910 843 874 686
Inventories and prepaid expenses 52 60 61 43
Accounts receivable in one year 144 143 143 201
Other current assets 0
Cash and cash equivalents 713 640 671 442
Total assets 11,113 11,712 11,420 11,440
Equity 7,525 7,497 7,359 7,208
Grants and subsidies 3,014 3,869 3,892 3,867
Liabilities 573 347 169 365
Financial liabilities 147
Long-term liabilities 147
Short-term liabilities 573 347 169 219
Equity and liabilities 11,113 11,712 11,420 11,440

* 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) 0% -0% -1% -1%
Return on equity (ROE) 1% -0% -2% -2%
Return on capital employed (ROCE) -2% -0% -2% -3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02
Current Ratio 1.59 2.43 5.18 3.13
Quick ratio 1.50 2.26 4.83 2.94
Turnover ratios
Asset turnover 0.10 0.09 0.09 0.11
Fixed asset turnover 0.11 0.10 0.10 0.12
Equity turnover 0.14 0.14 0.15 0.17
Profitability ratios
EBITDA margin 25% 25% 15% 14%
Operating profit margin -8% -12% -13% -13%
Net profit margin 4% -3% -13% -12%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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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 „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%
https://prienuvandenys.lt/
ROE

-1.9%

Number of employees

37

Financial data provided as at end-December 2021