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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 2,600 | 2,848 | 3,176 | 3,301 |
Cost of goods sold | 1,947 | 2,163 | 2,220 | 2,637 |
Gross profit (loss) | 653 | 686 | 956 | 664 |
Gross profit margin | 25% | 24% | 30% | 20% |
Operating expenses | 621 | 678 | 742 | 662 |
Operating profit (loss) | 32 | 8 | 215 | 2 |
Operating profit margin | 1% | 0% | 7% | 0% |
EBITDA | 525 | 585 | 664 | 573 |
EBITDA margin | 20% | 21% | 21% | 17% |
Net profit (loss) | 100 | 113 | 249 | 53 |
Net profit margin | 4% | 4% | 8% | 2% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 37,303 | 35,778 | 34,972 | 33,585 |
Intangible assets | 15 | 5 | 10 | 9 |
Tangible assets | 37,224 | 35,718 | 34,904 | 33,523 |
Financial assets | ||||
Other non-current assets | 65 | 55 | 59 | 53 |
Current assets | 926 | 1,213 | 1,318 | 1,350 |
Inventories and prepaid expenses | 70 | 84 | 99 | 110 |
Accounts receivable in one year | 457 | 506 | 495 | 388 |
Other current assets | ||||
Cash and cash equivalents | 399 | 623 | 725 | 852 |
Total assets | 38,231 | 36,995 | 36,295 | 34,944 |
Equity | 4,834 | 4,988 | 5,872 | 6,585 |
Grants and subsidies | 31,385 | 29,286 | 28,068 | 26,450 |
Liabilities | 2,009 | 2,719 | 2,352 | 1,906 |
Financial liabilities | 1,309 | 1,278 | 1,241 | 1,377 |
Long-term liabilities | 1,249 | 1,218 | 1,182 | 1,303 |
Short-term liabilities | 760 | 1,500 | 1,170 | 603 |
Equity and liabilities | 38,231 | 36,995 | 36,295 | 34,944 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 0% | 0% | 1% | 0% |
Return on equity (ROE) | 2% | 2% | 5% | 1% |
Return on capital employed (ROCE) | 1% | 1% | 2% | 0% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.27 | 0.26 | 0.21 | 0.21 |
Current Ratio | 1.22 | 0.81 | 1.13 | 2.24 |
Quick ratio | 1.13 | 0.75 | 1.04 | 2.06 |
Turnover ratios | ||||
Asset turnover | 0.07 | 0.08 | 0.09 | 0.09 |
Fixed asset turnover | 0.07 | 0.08 | 0.09 | 0.10 |
Equity turnover | 0.55 | 0.58 | 0.58 | 0.53 |
Profitability ratios | ||||
EBITDA margin | 20% | 21% | 21% | 17% |
Operating profit margin | 1% | 0% | 7% | 0% |
Net profit margin | 4% | 4% | 8% | 2% |
Other ratios | ||||
Dividends to the Municipality | ||||
Dividends paid / net profit |
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
0.9%
Number of employees
107
Financial data provided as at end-December 2021