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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

2018 2019 2020 2021
Revenue 3,179 3,008 3,303 3,838
Cost of goods sold 2,791 2,737 2,852 3,393
Gross profit (loss) 388 272 451 446
Gross profit margin 12% 9% 14% 12%
Operating expenses 298 318 337 373
Operating profit (loss) 90 -46 115 72
Operating profit margin 3% -2% 3% 2%
EBITDA 264 146 313 237
EBITDA margin 8% 5% 9% 6%
Net profit (loss) 88 -48 112 70
Net profit margin 3% -2% 3% 2%

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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 2,121 2,400 2,775 3,118
Intangible assets 13 7 6 5
Tangible assets 2,098 2,389 2,765 3,110
Financial assets
Other non-current assets 11 4 4 3
Current assets 890 989 1,025 1,137
Inventories and prepaid expenses 17 31 11 8
Accounts receivable in one year 803 833 531 646
Other current assets
Cash and cash equivalents 70 124 483 482
Total assets 3,018 3,395 3,805 4,263
Equity 1,711 1,663 1,775 2,017
Grants and subsidies 569 946 1,443 1,740
Liabilities 738 786 586 506
Financial liabilities 253 235 211 168
Long-term liabilities 167 184 160 122
Short-term liabilities 571 602 426 385
Equity and liabilities 3,018 3,395 3,805 4,263

* 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) 3% -1% 3% 2%
Return on equity (ROE) 5% -3% 7% 4%
Return on capital employed (ROCE) 7% -3% 7% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.15 0.14 0.12 0.08
Current Ratio 1.56 1.64 2.41 2.96
Quick ratio 1.53 1.59 2.38 2.93
Turnover ratios
Asset turnover 1.23 0.94 0.92 0.95
Fixed asset turnover 1.75 1.33 1.28 1.30
Equity turnover 1.91 1.78 1.92 2.02
Profitability ratios
EBITDA margin 8% 5% 9% 6%
Operating profit margin 3% -2% 3% 2%
Net profit margin 3% -2% 3% 2%
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 „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

3.7%

Number of employees

109

Financial data provided as at end-December 2021