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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 2,981 | 3,261 | 3,592 | 4,098 |
| Cost of goods sold | 2,514 | 2,834 | 3,176 | 3,474 |
| Gross profit (loss) | 467 | 427 | 416 | 625 |
| Gross profit margin | 16% | 13% | 12% | 15% |
| Operating expenses | 727 | 447 | 556 | 577 |
| Operating profit (loss) | -260 | -20 | -140 | 47 |
| Operating profit margin | -9% | -1% | -4% | 1% |
| EBITDA | -61 | 133 | 92 | 318 |
| EBITDA margin | -2% | 4% | 3% | 8% |
| Net profit (loss) | -208 | -28 | -115 | -17 |
| Net profit margin | -7% | -1% | -3% | -0% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 6,837 | 7,161 | 6,297 | 6,193 |
| Intangible assets | 3 | 7 | 6 | 3 |
| Tangible assets | 6,698 | 7,022 | 6,130 | 5,912 |
| Financial assets | 100 | |||
| Other non-current assets | 136 | 132 | 161 | 178 |
| Current assets | 4,224 | 2,483 | 2,044 | 2,198 |
| Inventories and prepaid expenses | 32 | 52 | 44 | 203 |
| Accounts receivable in one year | 2,815 | 1,516 | 1,246 | 1,157 |
| Other current assets | ||||
| Cash and cash equivalents | 1,378 | 916 | 754 | 839 |
| Total assets | 11,061 | 9,644 | 8,340 | 8,392 |
| Equity | 856 | 834 | 718 | 701 |
| Grants and subsidies | 8,489 | 7,080 | 5,864 | 4,586 |
| Liabilities | 805 | 852 | 684 | 1,914 |
| Financial liabilities | 131 | 324 | 297 | 698 |
| Long-term liabilities | 131 | 324 | 297 | 698 |
| Short-term liabilities | 675 | 527 | 387 | 1,215 |
| Equity and liabilities | 11,061 | 9,644 | 8,341 | 8,392 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | -0% | -1% | -0% |
| Return on equity (ROE) | -22% | -3% | -15% | -2% |
| Return on capital employed (ROCE) | -26% | -2% | -14% | 3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.01 | 0.03 | 0.04 | 0.08 |
| Current Ratio | 6.26 | 4.71 | 5.28 | 1.81 |
| Quick ratio | 6.21 | 4.61 | 5.16 | 1.64 |
| Turnover ratios | ||||
| Asset turnover | 0.27 | 0.34 | 0.43 | 0.49 |
| Fixed asset turnover | 0.44 | 0.46 | 0.57 | 0.66 |
| Equity turnover | 3.48 | 3.91 | 5.00 | 5.85 |
| Profitability ratios | ||||
| EBITDA margin | -2% | 4% | 3% | 8% |
| Operating profit margin | -9% | -1% | -4% | 1% |
| Net profit margin | -7% | -1% | -3% | -0% |
| 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 |
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 Municipal37%
ROE
-2.4%
Number of employees
49
Financial data provided as at end-December 2022
Management
- Vidmantas DomarkasChief Executive Officer
Information as of: 4/30/2023
