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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Trakų vandenys was registered on September 30, 1998. Its main activities are water extraction and supply, sewage disposal and treatment, and wastewater removal by sewage disposal vehicles. The company also manages surface wastewater, builds water supply and sewage networks, and rents machinery and vehicles.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,918 1,835 1,726 2,003
Cost of goods sold 1,440 1,465 1,428 1,520
Gross profit (loss) 478 371 298 484
Gross profit margin 25% 20% 17% 24%
Operating expenses 614 644 582 596
Operating profit (loss) -136 -274 -283 -112
Operating profit margin -7% -15% -16% -6%
EBITDA 89 19 85 142
EBITDA margin 5% 1% 5% 7%
Net profit (loss) -115 -187 -121 -82
Net profit margin -6% -10% -7% -4%

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*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2018 2019 2020 2021
Non-current assets 24,987 24,962 25,789 26,490
Intangible assets 25 17 13 7
Tangible assets 24,962 24,945 25,776 26,483
Financial assets
Other non-current assets
Current assets 374 487 737 551
Inventories and prepaid expenses 27 20 21 32
Accounts receivable in one year 323 238 211 288
Other current assets
Cash and cash equivalents 24 228 505 231
Total assets 25,364 25,457 26,530 27,049
Equity 3,860 4,140 4,227 4,266
Grants and subsidies 20,336 19,957 19,541 19,686
Liabilities 1,168 1,360 2,763 3,097
Financial liabilities 247 92 13 661
Long-term liabilities 92 12 1 593
Short-term liabilities 1,076 1,348 2,762 2,504
Equity and liabilities 25,364 25,457 26,530 27,049

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -0% -1% -0% -0%
Return on equity (ROE) -3% -5% -3% -2%
Return on capital employed (ROCE) -1% -2% -1% -1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.06 0.02 0.00 0.15
Current Ratio 0.35 0.36 0.27 0.22
Quick ratio 0.32 0.35 0.26 0.21
Turnover ratios
Asset turnover 0.08 0.07 0.07 0.07
Fixed asset turnover 0.08 0.07 0.07 0.08
Equity turnover 0.50 0.46 0.41 0.47
Profitability ratios
EBITDA margin 5% 1% 5% 7%
Operating profit margin -7% -15% -16% -6%
Net profit margin -6% -10% -7% -4%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

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*** Dividends to the municipality in Financial Ratios table is in EUR thousand

Financial statments

2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Trakų vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code281523640
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionTrakai district municipality
  • Share belonging to the Municipal100%
https://trakuvandenys.lt
ROE

-1.9%

Number of employees

70

Financial data provided as at end-December 2021