Telšių vandenys
UAB Telšių vandenys was established on March 17, 1995. Its main activities are the supply of drinking water and wastewater management, as well as the management of surface wastewater on the territory of the Telšiai district municipality. UAB Telšių vandenys supplies drinking water to the city of Telšiai, 42 settlements and garden communities located in the agglomeration zone of Telšiai city.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 3,196 | 3,341 | 3,509 | 4,316 |
| Cost of goods sold | 2,417 | 2,593 | 3,546 | 3,322 |
| Gross profit (loss) | 779 | 748 | -38 | 994 |
| Gross profit margin | 24% | 22% | -1% | 23% |
| Operating expenses | 422 | 495 | 607 | 765 |
| Operating profit (loss) | 200 | 115 | -821 | 36 |
| Operating profit margin | 6% | 3% | -23% | 1% |
| EBITDA | 531 | 439 | -385 | 531 |
| EBITDA margin | 17% | 13% | -11% | 12% |
| Net profit (loss) | 220 | 116 | -711 | 384 |
| Net profit margin | 7% | 3% | -20% | 9% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 36,373 | 37,626 | 37,903 | 40,581 |
| Intangible assets | 2 | 0 | 14 | 16 |
| Tangible assets | 36,330 | 37,592 | 37,863 | 40,547 |
| Financial assets | ||||
| Other non-current assets | 41 | 34 | 26 | 19 |
| Current assets | 3,610 | 4,190 | 3,648 | 2,558 |
| Inventories and prepaid expenses | 283 | 320 | 313 | 230 |
| Accounts receivable in one year | 1,923 | 1,994 | 2,091 | 2,194 |
| Other current assets | ||||
| Cash and cash equivalents | 1,405 | 1,876 | 1,244 | 134 |
| Total assets | 39,989 | 41,827 | 41,561 | 43,153 |
| Equity | 6,969 | 7,075 | 8,237 | 8,621 |
| Grants and subsidies | 29,548 | 29,294 | 28,953 | 31,110 |
| Liabilities | 3,473 | 5,457 | 4,371 | 3,422 |
| Financial liabilities | 1,916 | 1,850 | 2,241 | 2,656 |
| Long-term liabilities | 1,850 | 1,784 | 2,098 | 2,547 |
| Short-term liabilities | 1,623 | 3,673 | 2,272 | 874 |
| Equity and liabilities | 39,989 | 41,827 | 41,561 | 43,153 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 0% | -2% | 1% |
| Return on equity (ROE) | 3% | 2% | -9% | 5% |
| Return on capital employed (ROCE) | 2% | 1% | -8% | 0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.05 | 0.04 | 0.05 | 0.06 |
| Current Ratio | 2.23 | 1.14 | 1.61 | 2.93 |
| Quick ratio | 2.05 | 1.05 | 1.47 | 2.66 |
| Turnover ratios | ||||
| Asset turnover | 0.08 | 0.08 | 0.08 | 0.10 |
| Fixed asset turnover | 0.09 | 0.09 | 0.09 | 0.11 |
| Equity turnover | 0.46 | 0.47 | 0.43 | 0.50 |
| Profitability ratios | ||||
| EBITDA margin | 17% | 13% | -11% | 12% |
| Operating profit margin | 6% | 3% | -23% | 1% |
| Net profit margin | 7% | 3% | -20% | 9% |
| 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 vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code180153137
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionTelšiai district municipality
- Share belonging to the Municipal100%
ROE
4.6%
Number of employees
104
Financial data provided as at end-December 2023
Management
- Raimondas RačkauskasChief Executive Officer
Information as of: 2024/06/14
