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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Ukmergės vandenys was registered on April 7, 1995. Its main activities are drinking water supply and wastewater management, surface wastewater and sludge management. Other activities – services provided to customers (laboratory testing of water and wastewater, renting of transport and machinery, construction and repair of water supply and wastewater networks, repair of surface wastewater networks and facilities).

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 2,256 2,498 2,591 2,623
Cost of goods sold 1,656 1,789 1,887 2,210
Gross profit (loss) 599 710 705 413
Gross profit margin 27% 28% 27% 16%
Operating expenses 362 381 393 464
Operating profit (loss) 33 125 93 -304
Operating profit margin 1% 5% 4% -12%
EBITDA 577 656 669 362
EBITDA margin 26% 26% 26% 14%
Net profit (loss) 110 165 184 -143
Net profit margin 5% 7% 7% -5%

* Left axis

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

Balance sheet

2019 2020 2021 2022
Non-current assets 21,511 21,633 21,780 22,284
Intangible assets 32 22 18 11
Tangible assets 21,479 21,611 21,762 22,273
Financial assets
Other non-current assets
Current assets 366 621 645 578
Inventories and prepaid expenses 119 139 191 181
Accounts receivable in one year 175 207 166 159
Other current assets
Cash and cash equivalents 73 275 288 238
Total assets 21,923 22,301 22,460 22,880
Equity 8,290 8,436 8,590 8,425
Grants and subsidies 13,157 13,454 13,453 13,532
Liabilities 476 411 418 923
Financial liabilities 0 200 200 644
Long-term liabilities 444
Short-term liabilities 476 411 418 479
Equity and liabilities 21,923 22,301 22,460 22,880

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

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) 1% 1% 1% -1%
Return on equity (ROE) 1% 2% 2% -2%
Return on capital employed (ROCE) 0% 1% 1% -3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.01 0.01 0.03
Current Ratio 0.77 1.51 1.54 1.21
Quick ratio 0.52 1.17 1.09 0.83
Turnover ratios
Asset turnover 0.10 0.11 0.12 0.11
Fixed asset turnover 0.10 0.12 0.12 0.12
Equity turnover 0.27 0.30 0.30 0.31
Profitability ratios
EBITDA margin 26% 26% 26% 14%
Operating profit margin 1% 5% 4% -12%
Net profit margin 5% 7% 7% -5%
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

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

Financial statments

2021 m. metinės ataskaitos
2020 m. metinės ataskaitos

Expectations of the municipal

Letter of Expectations

About the company

  • Official nameUAB „Ukmergės vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code182743364
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionUkmergė district municipality
  • Share belonging to the Municipal100%
https://ukvand.lt
ROE

-1.7%

Number of employees

87

Financial data provided as at end-December 2022

Management

  • Rimas ArlinskasChief Executive Officer

Information as of: 4/30/2023