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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Radviliškio vanduo was registered on November 4, 1991. The main activities are the supply of drinking water, wastewater collection and treatment, rainwater monitoring for companies under contracts, transport rental, repair works, maintenance of sewerage in Radviliškis.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,586 1,735 1,865 1,921
Cost of goods sold 1,359 1,505 1,596 1,725
Gross profit (loss) 227 229 269 197
Gross profit margin 14% 13% 14% 10%
Operating expenses 255 263 293 284
Operating profit (loss) -28 -34 -25 -88
Operating profit margin -2% -2% -1% -5%
EBITDA 300 390 399 354
EBITDA margin 19% 22% 21% 18%
Net profit (loss) 1 1 4 -50
Net profit margin 0% 0% 0% -3%

* 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 21,220 20,300 20,942 20,458
Intangible assets 16 7 7 4
Tangible assets 21,204 20,293 20,935 20,455
Financial assets
Other non-current assets
Current assets 677 761 1,037 1,187
Inventories and prepaid expenses 32 23 28 39
Accounts receivable in one year 410 277 433 566
Other current assets
Cash and cash equivalents 235 460 576 582
Total assets 21,900 21,064 21,983 21,652
Equity 4,848 4,849 4,853 4,827
Grants and subsidies 16,298 15,667 16,367 15,999
Liabilities 754 548 763 825
Financial liabilities 225 209 270 330
Long-term liabilities 108 117 206 150
Short-term liabilities 646 431 557 675
Equity and liabilities 21,900 21,064 21,983 21,652

* 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% 0% -0%
Return on equity (ROE) 0% 0% 0% -1%
Return on capital employed (ROCE) 0% 0% 0% -0%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.05 0.04 0.06 0.07
Current Ratio 1.05 1.76 1.86 1.76
Quick ratio 1.00 1.71 1.81 1.70
Turnover ratios
Asset turnover 0.07 0.08 0.09 0.09
Fixed asset turnover 0.08 0.08 0.09 0.09
Equity turnover 0.33 0.36 0.38 0.40
Profitability ratios
EBITDA margin 19% 22% 21% 18%
Operating profit margin -2% -2% -1% -5%
Net profit margin 0% 0% 0% -3%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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** Right axis

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

Financial statments

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Radviliškio vanduo“
  • Legal formPrivate limited liability company (UAB)
  • Company code171265176
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionRadviliškis district municipality
  • Share belonging to the Municipal100%
https://www.radvanduo.lt/
ROE

-1.0%

Number of employees

64

Financial data provided as at end-December 2021