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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Utena Komunalininkas was registered on May 10, 1995. Its main activities are collection and treatment of waste, maintenance of sewage networks, maintenance of municipal utilities, construction and repair works, landscaping and maintenance of plantations.

Financial results

P/L Statment

2019 2020 2021 2022
Revenue 3,008 3,303 3,838 4,200
Cost of goods sold 2,737 2,852 3,393 3,762
Gross profit (loss) 272 451 446 438
Gross profit margin 9% 14% 12% 10%
Operating expenses 318 337 373 411
Operating profit (loss) -46 115 72 27
Operating profit margin -2% 3% 2% 1%
EBITDA 146 313 237 196
EBITDA margin 5% 9% 6% 5%
Net profit (loss) -48 112 70 40
Net profit margin -2% 3% 2% 1%

Balance sheet

2019 2020 2021 2022
Non-current assets 2,400 2,775 3,118 3,746
Intangible assets 7 6 5 3
Tangible assets 2,389 2,765 3,110 3,740
Financial assets
Other non-current assets 4 4 3 2
Current assets 989 1,025 1,137 1,174
Inventories and prepaid expenses 31 11 8 23
Accounts receivable in one year 833 531 646 638
Other current assets
Cash and cash equivalents 124 483 482 514
Total assets 3,395 3,805 4,263 4,927
Equity 1,663 1,775 2,017 2,056
Grants and subsidies 946 1,443 1,740 1,832
Liabilities 786 586 506 1,039
Financial liabilities 235 211 168 597
Long-term liabilities 184 160 122 476
Short-term liabilities 602 426 385 563
Equity and liabilities 3,395 3,805 4,263 4,927

Financial ratios

2019 2020 2021 2022
Capital return ratios
Return on assets (ROA) -1% 3% 2% 1%
Return on equity (ROE) -3% 7% 4% 2%
Return on capital employed (ROCE) -3% 6% 3% 1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.07 0.06 0.04 0.12
Current Ratio 1.64 2.41 2.96 2.08
Quick ratio 1.59 2.38 2.93 2.04
Turnover ratios
Asset turnover 0.89 0.87 0.90 0.85
Fixed asset turnover 1.25 1.19 1.23 1.12
Equity turnover 1.81 1.86 1.90 2.04
Profitability ratios
EBITDA margin 5% 9% 6% 5%
Operating profit margin -2% 3% 2% 1%
Net profit margin -2% 3% 2% 1%
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

Expectations of the municipal

About the company

  • Official nameUAB „Utenos komunalininkas“
  • Legal formPrivate limited liability company (UAB)
  • Company code183606952
  • SectorOther
  • Line of businessUtilities
  • Representing institutionUtena district municipality
  • Share belonging to the Municipal100%
https://utenoskom.lt
ROE

1.9%

Number of employees

107

Financial data provided as at end-December 2022

Management

  • Rimantas kaušylasChief Executive Officer

Information as of: 4/30/2023