Rietavo komunalinis ūkis
UAB Rietavo komunalinis ūkis was founded on August 1, 2000. Its main activity is centralized supply of heating and hot water, provision of quality water and wastewater management services to consumers, ensuring their availability to all residents, enterprises and organizations, at the lowest possible cost and with minimum environmental damage.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 798 | 990 | 1,235 | 1,444 |
| Cost of goods sold | 644 | 673 | 998 | 1,064 |
| Gross profit (loss) | 154 | 317 | 237 | 380 |
| Gross profit margin | 19% | 32% | 19% | 26% |
| Operating expenses | 184 | 179 | 192 | 232 |
| Operating profit (loss) | -174 | -8 | -99 | -23 |
| Operating profit margin | -22% | -1% | -8% | -2% |
| EBITDA | 39 | 190 | 177 | 260 |
| EBITDA margin | 5% | 19% | 14% | 18% |
| Net profit (loss) | -149 | 10 | 5 | 25 |
| Net profit margin | -19% | 1% | 0% | 2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 9,335 | 8,980 | 8,603 | 8,257 |
| Intangible assets | 0 | 2 | ||
| Tangible assets | 9,335 | 8,980 | 8,603 | 8,254 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 253 | 332 | 463 | 421 |
| Inventories and prepaid expenses | 103 | 119 | 128 | 122 |
| Accounts receivable in one year | 125 | 187 | 271 | 216 |
| Other current assets | ||||
| Cash and cash equivalents | 26 | 25 | 65 | 84 |
| Total assets | 9,590 | 9,313 | 9,068 | 8,681 |
| Equity | 1,525 | 1,606 | 1,620 | 1,718 |
| Grants and subsidies | 7,029 | 6,748 | 6,474 | 6,191 |
| Liabilities | 1,036 | 960 | 974 | 772 |
| Financial liabilities | 809 | 791 | 763 | 608 |
| Long-term liabilities | 731 | 713 | 685 | 524 |
| Short-term liabilities | 305 | 247 | 288 | 248 |
| Equity and liabilities | 9,590 | 9,314 | 9,068 | 8,681 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | 0% | 0% | 0% |
| Return on equity (ROE) | -10% | 1% | 0% | 2% |
| Return on capital employed (ROCE) | -8% | -0% | -4% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.08 | 0.08 | 0.08 | 0.07 |
| Current Ratio | 0.83 | 1.35 | 1.61 | 1.70 |
| Quick ratio | 0.49 | 0.86 | 1.16 | 1.21 |
| Turnover ratios | ||||
| Asset turnover | 0.08 | 0.11 | 0.14 | 0.17 |
| Fixed asset turnover | 0.09 | 0.11 | 0.14 | 0.17 |
| Equity turnover | 0.52 | 0.62 | 0.76 | 0.84 |
| Profitability ratios | ||||
| EBITDA margin | 5% | 19% | 14% | 18% |
| Operating profit margin | -22% | -1% | -8% | -2% |
| Net profit margin | -19% | 1% | 0% | 2% |
| 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 „Rietavo komunalinis ūkis“
- Legal formPrivate limited liability company (UAB)
- Company code171668992
- SectorOther
- Line of businessUtilities
- Representing institutionRietavas municipality
- Share belonging to the Municipal100%
ROE
1.5%
Number of employees
33
Financial data provided as at end-December 2023
Management
- Alvydas RojusChief Executive Officer
Information as of: 2024/04/30
