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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Švenčionių švara” was registered on July 20, 1995. The main activities are the administration of the common property of multi-apartment residential buildings, maintenance and repair of other general use objects, cleaning of city streets and other territories, garbage collection and removal, street lighting maintenance, transport services, operation of public toilets and bus station.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,205 1,182 1,239 1,441
Cost of goods sold 1,102 1,205 1,287 1,392
Gross profit (loss) 103 -24 -48 48
Gross profit margin 9% -2% -4% 3%
Operating expenses 135 131 117 130
Operating profit (loss) -32 -155 -164 -82
Operating profit margin -3% -13% -13% -6%
EBITDA -2 -100 -83 -43
EBITDA margin -0% -8% -7% -3%
Net profit (loss) -2 -161 -171 -94
Net profit margin -0% -14% -14% -7%

Balance sheet

2018 2019 2020 2021
Non-current assets 172 225 160 127
Intangible assets 1
Tangible assets 150 203 139 106
Financial assets
Other non-current assets 22 22 22 22
Current assets 590 689 942 741
Inventories and prepaid expenses 9 20 17 12
Accounts receivable in one year 376 511 532 364
Other current assets
Cash and cash equivalents 206 158 394 364
Total assets 763 915 1,104 870
Equity 182 46 -50 -144
Grants and subsidies
Liabilities 582 869 1,154 1,014
Financial liabilities 366 410 437
Long-term liabilities
Short-term liabilities 582 869 1,154 1,014
Equity and liabilities 763 915 1,104 870

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -0% -19% -17% -10%
Return on equity (ROE) -1% -141% 8749% 97%
Return on capital employed (ROCE) -2% -677% 610% 114%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 8.00 -8.24 -3.03
Current Ratio 1.02 0.79 0.82 0.73
Quick ratio 1.00 0.77 0.80 0.72
Turnover ratios
Asset turnover 1.58 1.41 1.23 1.46
Fixed asset turnover 6.98 5.96 6.44 10.02
Equity turnover 6.59 10.38 -635.38 -14.88
Profitability ratios
EBITDA margin -0% -8% -7% -3%
Operating profit margin -3% -13% -13% -6%
Net profit margin -0% -14% -14% -7%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

About the company

  • Official nameUAB „Švenčionių švara“
  • Legal formPrivate limited liability company (UAB)
  • Company code178602767
  • SectorOther
  • Line of businessApartment management
  • Representing institutionŠvenčionys district municipality
  • Share belonging to the Municipal100%
https://svencioniusvara.lt/
ROE

97.3%

Number of employees

77

Financial data provided as at end-December 2021