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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

AB Rokiškio komunalininkas was registered on June 7, 1995. The main company activity is waste management. Other activities include heat supply, sauna services, transport rental, trucking, construction works and other activities. In recent years, the Company has derived most of its income from other activities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,605 1,529 1,625 1,882
Cost of goods sold 1,459 1,398 1,397 1,382
Gross profit (loss) 146 131 228 500
Gross profit margin 9% 9% 14% 27%
Operating expenses 291 416 370 380
Operating profit (loss) -145 -285 -142 120
Operating profit margin -9% -19% -9% 6%
EBITDA 38 -105 32 315
EBITDA margin 2% -7% 2% 17%
Net profit (loss) -139 -280 -141 119
Net profit margin -9% -18% -9% 6%

* 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 1,088 1,020 859 1,613
Intangible assets 0 0 1 1
Tangible assets 1,088 1,020 858 1,612
Financial assets
Other non-current assets
Current assets 762 527 707 927
Inventories and prepaid expenses 86 48 49 88
Accounts receivable in one year 421 291 347 304
Other current assets
Cash and cash equivalents 255 189 312 535
Total assets 1,919 1,614 1,622 2,621
Equity 1,800 1,520 1,379 2,266
Grants and subsidies 11 144
Liabilities 118 94 233 211
Financial liabilities 37 13 50
Long-term liabilities 13 37
Short-term liabilities 105 94 196 211
Equity and liabilities 1,919 1,614 1,622 2,621

* 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) -7% -16% -9% 6%
Return on equity (ROE) -7% -17% -10% 7%
Return on capital employed (ROCE) -15% -37% -20% 10%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.01 0.04
Current Ratio 7.25 5.59 3.61 4.39
Quick ratio 6.43 5.09 3.36 3.98
Turnover ratios
Asset turnover 0.77 0.87 1.00 0.89
Fixed asset turnover 1.41 1.45 1.73 1.52
Equity turnover 0.86 0.92 1.12 1.03
Profitability ratios
EBITDA margin 2% -7% 2% 17%
Operating profit margin -9% -19% -9% 6%
Net profit margin -9% -18% -9% 6%
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

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameAB „Rokiškio komunalininkas“
  • Legal formPublic limited liability company (AB)
  • Company code173000664
  • SectorOther
  • Line of businessWaste disposal services
  • Representing institutionRokiškis district municipality
  • Share belonging to the Municipal87.4%
https://rokom.lt/
ROE

6.5%

Number of employees

68

Financial data provided as at end-December 2021