Šakių vandenys
UAB Šakių vandenys was established on August 1, 1991 following the reorganisation of Šakiai State Water Supply Company. The company provides drinking water, sewers and wastewater treatment to residents and businesses. Since January 1, 2002, most of the water supply systems in the Šakiai district have been transferred to the maintenance and operation of the company.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,291 | 1,366 | 1,428 | 1,867 |
| Cost of goods sold | 1,018 | 1,211 | 1,463 | 1,276 |
| Gross profit (loss) | 273 | 155 | -36 | 591 |
| Gross profit margin | 21% | 11% | -3% | 32% |
| Operating expenses | 242 | 257 | 367 | 384 |
| Operating profit (loss) | -126 | -273 | -491 | 99 |
| Operating profit margin | -10% | -20% | -34% | 5% |
| EBITDA | 242 | 103 | -128 | 458 |
| EBITDA margin | 19% | 8% | -9% | 25% |
| Net profit (loss) | -52 | -174 | -434 | 138 |
| Net profit margin | -4% | -13% | -30% | 7% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 26,684 | 26,196 | 24,935 | 23,888 |
| Intangible assets | 21 | 16 | 11 | 5 |
| Tangible assets | 26,663 | 26,180 | 24,923 | 23,883 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 575 | 253 | 234 | 305 |
| Inventories and prepaid expenses | 19 | 43 | 18 | 34 |
| Accounts receivable in one year | 173 | 164 | 184 | 223 |
| Other current assets | 20 | 21 | ||
| Cash and cash equivalents | 383 | 47 | 13 | 28 |
| Total assets | 27,260 | 26,450 | 25,170 | 24,195 |
| Equity | 3,923 | 3,749 | 3,385 | 3,523 |
| Grants and subsidies | 22,277 | 21,523 | 20,486 | 19,450 |
| Liabilities | 1,045 | 1,164 | 1,287 | 1,214 |
| Financial liabilities | 522 | 684 | 854 | 867 |
| Long-term liabilities | 433 | 573 | 708 | 688 |
| Short-term liabilities | 612 | 591 | 579 | 526 |
| Equity and liabilities | 27,260 | 26,450 | 25,170 | 24,195 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | -1% | -2% | 1% |
| Return on equity (ROE) | -1% | -5% | -12% | 4% |
| Return on capital employed (ROCE) | -3% | -6% | -12% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.02 | 0.03 | 0.03 | 0.04 |
| Current Ratio | 0.94 | 0.43 | 0.40 | 0.58 |
| Quick ratio | 0.91 | 0.36 | 0.37 | 0.52 |
| Turnover ratios | ||||
| Asset turnover | 0.05 | 0.05 | 0.06 | 0.08 |
| Fixed asset turnover | 0.05 | 0.05 | 0.06 | 0.08 |
| Equity turnover | 0.33 | 0.36 | 0.42 | 0.53 |
| Profitability ratios | ||||
| EBITDA margin | 19% | 8% | -9% | 25% |
| Operating profit margin | -10% | -20% | -34% | 5% |
| Net profit margin | -4% | -13% | -30% | 7% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Šakių vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code174264880
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionŠakiai district municipality
- Share indirectly belonging to the Municipal0%
ROE
4.0%
Number of employees
48
Financial data provided as at end-December 2023
Management
- Kęstutis VilkauskasChief Executive Officer
Information as of: 2024/04/30
