Telšių regiono atliekų tvarkymo centras
On December 30th, 2003 Telšiai County Municipalities – Telšiai, Plungė, Mažeikiai Districts and Rietavas Municipality have established UAB Telšių Regional Waste Management Center, the main function of which is to implement and operate a regional waste management system covering waste collection, transportation, processing and disposal throughout the municipality.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 3,261 | 3,592 | 4,099 | 4,777 |
| Cost of goods sold | 2,834 | 3,176 | 3,474 | 4,436 |
| Gross profit (loss) | 427 | 416 | 625 | 341 |
| Gross profit margin | 13% | 12% | 15% | 7% |
| Operating expenses | 447 | 556 | 577 | 591 |
| Operating profit (loss) | -20 | -140 | 47 | -249 |
| Operating profit margin | -1% | -4% | 1% | -5% |
| EBITDA | 133 | 92 | 318 | 138 |
| EBITDA margin | 4% | 3% | 8% | 3% |
| Net profit (loss) | -28 | -115 | -17 | -258 |
| Net profit margin | -1% | -3% | -0% | -5% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 7,161 | 6,297 | 6,193 | 5,611 |
| Intangible assets | 7 | 6 | 3 | 4 |
| Tangible assets | 7,022 | 6,130 | 5,912 | 5,310 |
| Financial assets | 100 | 100 | ||
| Other non-current assets | 132 | 161 | 178 | 197 |
| Current assets | 2,483 | 2,044 | 2,198 | 1,097 |
| Inventories and prepaid expenses | 52 | 44 | 203 | 109 |
| Accounts receivable in one year | 1,516 | 1,246 | 1,157 | 687 |
| Other current assets | ||||
| Cash and cash equivalents | 916 | 754 | 839 | 302 |
| Total assets | 9,644 | 8,340 | 8,392 | 6,708 |
| Equity | 834 | 718 | 701 | 443 |
| Grants and subsidies | 7,080 | 5,864 | 4,586 | 3,678 |
| Liabilities | 852 | 684 | 1,914 | 1,273 |
| Financial liabilities | 324 | 297 | 698 | 602 |
| Long-term liabilities | 324 | 297 | 698 | 325 |
| Short-term liabilities | 527 | 387 | 1,215 | 948 |
| Equity and liabilities | 9,644 | 8,341 | 8,392 | 6,708 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | -1% | -0% | -3% |
| Return on equity (ROE) | -3% | -15% | -2% | -45% |
| Return on capital employed (ROCE) | -2% | -14% | 3% | -32% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.03 | 0.04 | 0.08 | 0.09 |
| Current Ratio | 4.71 | 5.28 | 1.81 | 1.16 |
| Quick ratio | 4.61 | 5.16 | 1.64 | 1.04 |
| Turnover ratios | ||||
| Asset turnover | 0.34 | 0.43 | 0.49 | 0.71 |
| Fixed asset turnover | 0.46 | 0.57 | 0.66 | 0.85 |
| Equity turnover | 3.91 | 5.00 | 5.85 | 10.79 |
| Profitability ratios | ||||
| EBITDA margin | 4% | 3% | 8% | 3% |
| Operating profit margin | -1% | -4% | 1% | -5% |
| Net profit margin | -1% | -3% | -0% | -5% |
| 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 „Telšių regiono atliekų tvarkymo centras“
- Legal formPrivate limited liability company (UAB)
- Company code171780190
- SectorRegional waste management center
- Line of businessWaste disposal services
- Representing institutionMažeikiai district municipality
↑ Controlling (holding the largest share) institution
Plungė district municipality
Rietavas municipality
Telšiai district municipality
- Share belonging to the Municipal37%
ROE
-45.2%
Number of employees
53
Financial data provided as at end-December 2023
Management
- Vidimantas DomarkasChief Executive Officer
Information as of: 2024/04/30
