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
| 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
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 Municipal100%
ROE
-1.6%
Number of employees
47
Financial data provided as at end-December 2021
