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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

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

2018 2019 2020 2021
Revenue 2,872 2,981 3,261 3,592
Cost of goods sold 2,237 2,514 2,834 3,176
Gross profit (loss) 635 467 427 416
Gross profit margin 22% 16% 13% 12%
Operating expenses 426 727 447 556
Operating profit (loss) 209 -260 -20 -140
Operating profit margin 7% -9% -1% -4%
EBITDA 408 -61 133 92
EBITDA margin 14% -2% 4% 3%
Net profit (loss) 201 -208 -28 -115
Net profit margin 7% -7% -1% -3%

Balance sheet

2018 2019 2020 2021
Non-current assets 8,389 6,837 7,161 6,297
Intangible assets 7 3 7 6
Tangible assets 8,304 6,698 7,022 6,130
Financial assets
Other non-current assets 78 136 132 161
Current assets 4,086 4,224 2,483 2,044
Inventories and prepaid expenses 30 32 52 44
Accounts receivable in one year 3,101 2,815 1,516 1,246
Other current assets
Cash and cash equivalents 955 1,378 916 754
Total assets 12,475 11,061 9,644 8,340
Equity 1,064 856 834 718
Grants and subsidies 10,386 8,489 7,080 5,864
Liabilities 1,019 1,714 1,728 1,754
Financial liabilities 84 131 324 297
Long-term liabilities 84 131 324 297
Short-term liabilities 450 675 527 387
Equity and liabilities 12,475 11,061 9,644 8,340

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 2% -2% -0% -1%
Return on equity (ROE) 2% -2% -0% -2%
Return on capital employed (ROCE) 3% -5% -0% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.01 0.01 0.04 0.05
Current Ratio 9.07 6.26 4.71 5.28
Quick ratio 9.00 6.21 4.61 5.16
Turnover ratios
Asset turnover 0.22 0.25 0.31 0.40
Fixed asset turnover 0.31 0.39 0.47 0.53
Equity turnover 2.98 3.11 3.86 4.63
Profitability ratios
EBITDA margin 14% -2% 4% 3%
Operating profit margin 7% -9% -1% -4%
Net profit margin 7% -7% -1% -3%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

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 Municipal100%
https://tratc.lt/
ROE

-1.6%

Number of employees

47

Financial data provided as at end-December 2021