Šiaulių vandenys
UAB Šiaulių vandenys was registered on March 28, 1991.Its main activities are drinking water extraction (treatment) and supply, wastewater collection, treatment and sludge management, and surface wastewater management. Ancillary activities and services – design and construction of water supply and sewerage networks, leak detection and tele-diagnosis of sewage pipelines, hire of special vehicles and equipment, installation, repair and inspection of cold water metering devices, chemical and bacteriological analysis of drinking water, surface water, waste water and sludge.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 9,491 | 9,770 | 10,924 | 14,941 |
| Cost of goods sold | 7,435 | 8,425 | 11,218 | 10,464 |
| Gross profit (loss) | 2,056 | 1,345 | -294 | 4,477 |
| Gross profit margin | 22% | 14% | -3% | 30% |
| Operating expenses | 1,089 | 1,136 | 1,283 | 1,418 |
| Operating profit (loss) | 647 | -135 | -1,953 | 2,621 |
| Operating profit margin | 7% | -1% | -18% | 18% |
| EBITDA | 2,894 | 2,349 | 725 | 5,339 |
| EBITDA margin | 30% | 24% | 7% | 36% |
| Net profit (loss) | 601 | -76 | -1,500 | 2,057 |
| Net profit margin | 6% | -1% | -14% | 14% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 110,269 | 110,520 | 111,422 | 116,050 |
| Intangible assets | 154 | 166 | 219 | 185 |
| Tangible assets | 110,066 | 110,310 | 110,811 | 115,713 |
| Financial assets | 0 | 0 | ||
| Other non-current assets | 49 | 45 | 393 | 151 |
| Current assets | 2,948 | 3,773 | 2,116 | 3,560 |
| Inventories and prepaid expenses | 384 | 383 | 454 | 490 |
| Accounts receivable in one year | 1,033 | 1,090 | 1,353 | 1,644 |
| Other current assets | ||||
| Cash and cash equivalents | 1,532 | 2,300 | 309 | 1,426 |
| Total assets | 113,233 | 114,315 | 113,606 | 119,754 |
| Equity | 57,699 | 60,293 | 60,270 | 68,003 |
| Grants and subsidies | 46,392 | 44,673 | 42,918 | 41,505 |
| Liabilities | 9,023 | 9,224 | 10,210 | 10,027 |
| Financial liabilities | 6,284 | 7,630 | 7,973 | 7,681 |
| Long-term liabilities | 5,854 | 7,140 | 7,282 | 7,071 |
| Short-term liabilities | 3,169 | 2,083 | 2,928 | 2,956 |
| Equity and liabilities | 113,233 | 114,315 | 113,606 | 119,754 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | -0% | -1% | 2% |
| Return on equity (ROE) | 1% | -0% | -2% | 3% |
| Return on capital employed (ROCE) | 1% | -0% | -3% | 3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.06 | 0.07 | 0.07 | 0.06 |
| Current Ratio | 0.93 | 1.81 | 0.72 | 1.20 |
| Quick ratio | 0.81 | 1.63 | 0.57 | 1.04 |
| Turnover ratios | ||||
| Asset turnover | 0.08 | 0.09 | 0.10 | 0.12 |
| Fixed asset turnover | 0.09 | 0.09 | 0.10 | 0.13 |
| Equity turnover | 0.16 | 0.16 | 0.18 | 0.22 |
| Profitability ratios | ||||
| EBITDA margin | 30% | 24% | 7% | 36% |
| Operating profit margin | 7% | -1% | -18% | 18% |
| Net profit margin | 6% | -1% | -14% | 14% |
| Other ratios | ||||
| Dividends to the Municipality | 50.00 | 0.00 | 0.00 | 50.00 |
| Dividends paid / net profit | 0.08 | 0.00 | 0.00 | 0.02 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Šiaulių vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code144133366
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionŠiauliai city municipality
- Share belonging to the Municipal100%
Return to the Municipality
50 EUR thousand
ROE
3.2%
Number of employees
246
Financial data provided as at end-December 2023
Management
- Aurimas RutkauskasChief Executive Officer
Information as of: 2024/04/30
