Tauragės vandenys
UAB Tauragės vandenys was registered on March 28, 1991.Its main activities are water extraction, treatment and supply; collection, treatment of domestic and surface sewage; sludge management. The company supplies drinking water to the towns of Tauragė and Skaudvilė, and 31 rural settlements in the district.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 3,176 | 3,301 | 3,207 | 3,730 |
| Cost of goods sold | 2,220 | 2,637 | 2,868 | 2,686 |
| Gross profit (loss) | 956 | 664 | 339 | 1,044 |
| Gross profit margin | 30% | 20% | 11% | 28% |
| Operating expenses | 515 | 459 | 708 | 639 |
| Operating profit (loss) | 215 | 2 | -608 | 172 |
| Operating profit margin | 7% | 0% | -19% | 5% |
| EBITDA | 664 | 589 | -61 | 876 |
| EBITDA margin | 21% | 18% | -2% | 23% |
| Net profit (loss) | 249 | 53 | -511 | 141 |
| Net profit margin | 8% | 2% | -16% | 4% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 34,972 | 33,585 | 38,269 | 37,122 |
| Intangible assets | 10 | 9 | 28 | 26 |
| Tangible assets | 34,904 | 33,523 | 38,112 | 37,016 |
| Financial assets | ||||
| Other non-current assets | 59 | 53 | 129 | 80 |
| Current assets | 1,318 | 1,350 | 1,077 | 923 |
| Inventories and prepaid expenses | 99 | 110 | 113 | 131 |
| Accounts receivable in one year | 495 | 388 | 451 | 478 |
| Other current assets | ||||
| Cash and cash equivalents | 725 | 852 | 512 | 315 |
| Total assets | 36,295 | 34,944 | 39,353 | 38,057 |
| Equity | 5,872 | 6,585 | 6,074 | 8,117 |
| Grants and subsidies | 28,068 | 26,450 | 28,548 | 26,932 |
| Liabilities | 2,352 | 1,906 | 4,666 | 2,991 |
| Financial liabilities | 1,241 | 1,377 | 2,462 | 2,272 |
| Long-term liabilities | 1,182 | 1,303 | 2,298 | 2,087 |
| Short-term liabilities | 1,170 | 603 | 2,368 | 904 |
| Equity and liabilities | 36,295 | 34,944 | 39,353 | 38,057 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 0% | -1% | 0% |
| Return on equity (ROE) | 5% | 1% | -8% | 2% |
| Return on capital employed (ROCE) | 3% | 0% | -7% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.03 | 0.04 | 0.06 | 0.06 |
| Current Ratio | 1.13 | 2.24 | 0.45 | 1.02 |
| Quick ratio | 1.04 | 2.06 | 0.41 | 0.88 |
| Turnover ratios | ||||
| Asset turnover | 0.09 | 0.09 | 0.08 | 0.10 |
| Fixed asset turnover | 0.09 | 0.10 | 0.08 | 0.10 |
| Equity turnover | 0.54 | 0.50 | 0.53 | 0.46 |
| Profitability ratios | ||||
| EBITDA margin | 21% | 18% | -2% | 23% |
| Operating profit margin | 7% | 0% | -19% | 5% |
| Net profit margin | 8% | 2% | -16% | 4% |
| 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 „Tauragės vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code179249836
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionTauragė district municipality
- Share belonging to the Municipal100%
ROE
2.0%
Number of employees
93
Financial data provided as at end-December 2023
Management
- Tadas PauparisChief Executive Officer
Information as of: 2024/04/30
