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

2021 2022 2023 2024
Revenue 1,921 2,036 2,737 2,784
Cost of goods sold 1,725 2,079 2,065 2,029
Gross profit (loss) 197 -43 672 755
Gross profit margin 10% -2% 25% 27%
Operating expenses 284 391 472 469
Operating profit (loss) -88 -434 200 287
Operating profit margin -5% -21% 7% 10%
EBITDA 354 -115 483 578
EBITDA margin 18% -6% 18% 21%
Net profit (loss) -50 -404 216 304
Net profit margin -3% -20% 8% 11%

Balance sheet

2021 2022 2023 2024
Non-current assets 20,458 20,803 21,080 21,595
Intangible assets 4 1 4 3
Tangible assets 20,455 20,802 21,076 21,592
Financial assets
Other non-current assets
Current assets 1,133 1,262 1,051 1,276
Inventories and prepaid expenses 39 60 50 53
Accounts receivable in one year 512 268 276 312
Other current assets
Cash and cash equivalents 582 934 725 912
Total assets 21,598 22,072 22,138 22,880
Equity 4,774 4,369 4,585 4,889
Grants and subsidies 15,999 16,757 17,142 17,484
Liabilities 825 946 411 508
Financial liabilities 330 534 0 0
Long-term liabilities 150 267
Short-term liabilities 675 680 411 508
Equity and liabilities 21,598 22,072 22,138 22,880

Financial ratios

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) -0% -2% 1% 1%
Return on equity (ROE) -1% -9% 5% 6%
Return on capital employed (ROCE) -2% -9% 4% 6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.02 0.00 0.00
Current Ratio 1.68 1.86 2.55 2.51
Quick ratio 1.62 1.77 2.43 2.41
Turnover ratios
Asset turnover 0.09 0.09 0.12 0.12
Fixed asset turnover 0.09 0.10 0.13 0.13
Equity turnover 0.40 0.47 0.60 0.57
Profitability ratios
EBITDA margin 18% -6% 18% 21%
Operating profit margin -5% -21% 7% 10%
Net profit margin -3% -20% 8% 11%
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 „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%
  • Contacts https://radvanduo.lt/
ROE

6.4%

Number of employees

61

Financial data provided as at end-December 2024

Management

  • Egidijus BarčkusChief Executive Officer

Information as of: 2025/06/01