Šilalės vandenys
UAB Šilalės vandenys was registered on January 2, 1992. Its main activity is the provision of drinking water supply, sewage collection and treatment services to residents and companies in the town of Šilalė and Šilalė district. The company operates 52 water supply points, with a total of 77 artesian wells and 17 water treatment plants. UAB Šilalės vandenys supplies only underground drinking water. The company operates 9 wastewater treatment plants and 41 wastewater pumping stations.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 953 | 1,029 | 1,229 | 1,471 |
| Cost of goods sold | 866 | 903 | 1,164 | 1,099 |
| Gross profit (loss) | 87 | 126 | 65 | 372 |
| Gross profit margin | 9% | 12% | 5% | 25% |
| Operating expenses | 133 | 144 | 186 | 215 |
| Operating profit (loss) | -46 | -18 | -122 | 157 |
| Operating profit margin | -5% | -2% | -10% | 11% |
| EBITDA | 123 | 153 | 423 | 721 |
| EBITDA margin | 13% | 15% | 34% | 49% |
| Net profit (loss) | -27 | 1 | -99 | 176 |
| Net profit margin | -3% | 0% | -8% | 12% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 15,539 | 15,271 | 14,874 | 14,486 |
| Intangible assets | ||||
| Tangible assets | 15,539 | 15,271 | 14,874 | 14,486 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 262 | 378 | 367 | 530 |
| Inventories and prepaid expenses | 59 | 66 | 74 | 72 |
| Accounts receivable in one year | 115 | 137 | 130 | 157 |
| Other current assets | ||||
| Cash and cash equivalents | 88 | 175 | 163 | 300 |
| Total assets | 15,801 | 15,649 | 15,241 | 15,016 |
| Equity | 1,939 | 1,940 | 1,841 | 2,017 |
| Grants and subsidies | 13,263 | 13,112 | 12,834 | 12,501 |
| Liabilities | 599 | 597 | 566 | 498 |
| Financial liabilities | 511 | 474 | 438 | 401 |
| Long-term liabilities | 474 | 438 | 401 | 365 |
| Short-term liabilities | 125 | 160 | 164 | 133 |
| Equity and liabilities | 15,801 | 15,649 | 15,241 | 15,016 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | 0% | -1% | 1% |
| Return on equity (ROE) | -1% | 0% | -5% | 9% |
| Return on capital employed (ROCE) | -2% | -1% | -5% | 7% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.03 | 0.03 | 0.03 | 0.03 |
| Current Ratio | 2.10 | 2.37 | 2.23 | 3.98 |
| Quick ratio | 1.63 | 1.96 | 1.78 | 3.44 |
| Turnover ratios | ||||
| Asset turnover | 0.06 | 0.07 | 0.08 | 0.10 |
| Fixed asset turnover | 0.06 | 0.07 | 0.08 | 0.10 |
| Equity turnover | 0.49 | 0.53 | 0.67 | 0.73 |
| Profitability ratios | ||||
| EBITDA margin | 13% | 15% | 34% | 49% |
| Operating profit margin | -5% | -2% | -10% | 11% |
| Net profit margin | -3% | 0% | -8% | 12% |
| 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 „Šilalės vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code176523470
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionŠilalė district municipality
- Share indirectly belonging to the Municipal0%
ROE
9.1%
Number of employees
37
Financial data provided as at end-December 2023
Management
- Remigijus VėlavičiusChief Executive Officer
Information as of: 2024/06/14
