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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

2019 2020 2021 2022
Revenue 1,735 1,865 1,921 2,036
Cost of goods sold 1,505 1,596 1,725 2,079
Gross profit (loss) 229 269 197 -43
Gross profit margin 13% 14% 10% -2%
Operating expenses 263 293 284 391
Operating profit (loss) -34 -25 -88 -434
Operating profit margin -2% -1% -5% -21%
EBITDA 390 399 354 -115
EBITDA margin 22% 21% 18% -6%
Net profit (loss) 1 4 -50 -404
Net profit margin 0% 0% -3% -20%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2019 2020 2021 2022
Non-current assets 20,300 20,942 20,458 20,803
Intangible assets 7 7 4 1
Tangible assets 20,293 20,935 20,455 20,802
Financial assets
Other non-current assets
Current assets 761 1,037 1,133 1,262
Inventories and prepaid expenses 23 28 39 60
Accounts receivable in one year 277 433 512 268
Other current assets
Cash and cash equivalents 460 576 582 934
Total assets 21,064 21,983 21,598 22,072
Equity 4,849 4,853 4,774 4,369
Grants and subsidies 15,667 16,367 15,999 16,757
Liabilities 548 763 825 946
Financial liabilities 209 270 330 534
Long-term liabilities 117 206 150 267
Short-term liabilities 431 557 675 680
Equity and liabilities 21,064 21,983 21,598 22,073

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 0% 0% -0% -2%
Return on equity (ROE) 0% 0% -1% -9%
Return on capital employed (ROCE) -1% -0% -2% -9%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.01 0.01 0.02 0.02
Current Ratio 1.76 1.86 1.68 1.86
Quick ratio 1.71 1.81 1.62 1.77
Turnover ratios
Asset turnover 0.08 0.08 0.09 0.09
Fixed asset turnover 0.09 0.09 0.09 0.10
Equity turnover 0.36 0.38 0.40 0.47
Profitability ratios
EBITDA margin 22% 21% 18% -6%
Operating profit margin -2% -1% -5% -21%
Net profit margin 0% 0% -3% -20%
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

* Left axis

** Right axis

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

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

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://radvanduo.lt/
ROE

-8.8%

Number of employees

63

Financial data provided as at end-December 2022

Management

  • Egidijus BarčkusChief Executive Officer

Information as of: 2023/04/30