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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Sūduvos vandenys” is the successor of the Water Supply and Sewerage Control of the Kapsukas District Utility Company, established in 1970. The main activity of the company is water extraction and supply and wastewater disposal and treatment.

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 4,433 4,879 5,202 9,249
Cost of goods sold 3,745 4,015 5,350 6,600
Gross profit (loss) 688 864 -148 2,649
Gross profit margin 16% 18% -3% 29%
Operating expenses 915 917 1,010 1,464
Operating profit (loss) -544 -308 -1,464 1,185
Operating profit margin -12% -6% -28% 13%
EBITDA 460 761 -402 2,417
EBITDA margin 10% 16% -8% 26%
Net profit (loss) -382 -125 -1,414 866
Net profit margin -9% -3% -27% 9%

Balance sheet

2020 2021 2022 2023
Non-current assets 31,903 33,409 34,801 37,962
Intangible assets 10 67 61 70
Tangible assets 31,892 33,341 34,740 37,892
Financial assets
Other non-current assets
Current assets 1,221 1,681 1,076 3,761
Inventories and prepaid expenses 156 102 193 245
Accounts receivable in one year 626 646 566 1,245
Other current assets
Cash and cash equivalents 439 933 317 2,270
Total assets 33,202 35,177 35,967 41,845
Equity 14,660 15,636 15,501 17,736
Grants and subsidies 17,341 17,975 17,978 19,042
Liabilities 1,201 1,566 2,488 5,067
Financial liabilities 429 748 1,223 3,441
Long-term liabilities 429 664 1,223 3,441
Short-term liabilities 772 903 1,265 1,626
Equity and liabilities 33,202 35,177 35,967 41,845

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) -1% -0% -4% 2%
Return on equity (ROE) -3% -1% -9% 5%
Return on capital employed (ROCE) -4% -2% -9% 6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.01 0.02 0.03 0.08
Current Ratio 1.58 1.86 0.85 2.31
Quick ratio 1.38 1.75 0.70 2.16
Turnover ratios
Asset turnover 0.13 0.14 0.14 0.22
Fixed asset turnover 0.14 0.15 0.15 0.24
Equity turnover 0.30 0.31 0.34 0.52
Profitability ratios
EBITDA margin 10% 16% -8% 26%
Operating profit margin -12% -6% -28% 13%
Net profit margin -9% -3% -27% 9%
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 „Sūduvos vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code151104226
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionMarijampolė municipality
  • Share belonging to the Municipal100%
  • Contacts https://suduvosvandenys.lt/
ROE

5.2%

Number of employees

184

Financial data provided as at end-December 2023

Management

  • Vytautas JašinskasChief Executive Officer

Information as of: 2024/04/30