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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

2019 2020 2021 2022
Revenue 4,262 4,433 4,879 5,202
Cost of goods sold 3,301 3,745 4,015 5,350
Gross profit (loss) 962 688 864 -148
Gross profit margin 23% 16% 18% -3%
Operating expenses 703 915 917 1,010
Operating profit (loss) -94 -544 -308 -1,464
Operating profit margin -2% -12% -6% -28%
EBITDA 726 460 761 -402
EBITDA margin 17% 10% 16% -8%
Net profit (loss) 70 -382 -125 -1,413
Net profit margin 2% -9% -3% -27%

* 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

2019 2020 2021 2022
Non-current assets 28,169 31,903 33,409 34,801
Intangible assets 20 10 67 61
Tangible assets 27,986 31,892 33,341 34,740
Financial assets 163
Other non-current assets
Current assets 878 1,221 1,681 1,076
Inventories and prepaid expenses 147 156 102 193
Accounts receivable in one year 552 626 646 566
Other current assets
Cash and cash equivalents 179 439 933 317
Total assets 29,135 33,202 35,177 35,967
Equity 10,759 14,660 15,636 15,501
Grants and subsidies 16,823 17,341 17,975 17,978
Liabilities 1,554 1,201 1,566 2,488
Financial liabilities 539 429 748 1,300
Long-term liabilities 539 429 664 1,223
Short-term liabilities 1,015 772 903 1,265
Equity and liabilities 29,135 33,202 35,177 35,967

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 0% -1% -0% -4%
Return on equity (ROE) 1% -3% -1% -9%
Return on capital employed (ROCE) -1% -4% -2% -9%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.01 0.02 0.04
Current Ratio 0.87 1.58 1.86 0.85
Quick ratio 0.72 1.38 1.75 0.70
Turnover ratios
Asset turnover 0.15 0.13 0.14 0.14
Fixed asset turnover 0.15 0.14 0.15 0.15
Equity turnover 0.40 0.30 0.31 0.34
Profitability ratios
EBITDA margin 17% 10% 16% -8%
Operating profit margin -2% -12% -6% -28%
Net profit margin 2% -9% -3% -27%
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

* Left axis

** Right axis

*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

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%
https://suduvosvandenys.lt/
ROE

-9.1%

Number of employees

153

Financial data provided as at end-December 2022

Management

  • Vytautas JašinskasChief Executive Officer

Information as of: 2023/04/30