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 |
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