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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB “Utenos regiono atliekų tvarkymo centras” was registered in 2005. January 28 Main activities – operation, maintenance, development, modernization and complex monitoring of waste management facilities in Utena region; maintenance of closed landfills and environmental monitoring; Initiating changes in legislation relating to waste management; collection, systematization and provision of data on the quantities of waste received, managed and disposed of in existing waste management facilities to the responsible authorities; public information, consultancy, education on waste management and prevention; Execution of the functions of the administrator of the municipal waste management system of Zarasai district municipality.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,907 2,011 2,021 2,520
Cost of goods sold 1,130 1,496 1,782 2,136
Gross profit (loss) 776 515 239 384
Gross profit margin 41% 26% 12% 15%
Operating expenses 503 332 345 370
Operating profit (loss) 274 184 -106 14
Operating profit margin 14% 9% -5% 1%
EBITDA 615 605 333 461
EBITDA margin 32% 30% 16% 18%
Net profit (loss) 285 196 -87 80
Net profit margin 15% 10% -4% 3%

Balance sheet

2018 2019 2020 2021
Non-current assets 12,103 11,140 10,036 9,216
Intangible assets 13 5 5 10
Tangible assets 11,917 10,943 9,828 8,963
Financial assets
Other non-current assets 173 192 203 243
Current assets 730 1,150 1,638 2,836
Inventories and prepaid expenses 23 30 23 17
Accounts receivable in one year 602 778 683 1,431
Other current assets
Cash and cash equivalents 105 342 931 1,388
Total assets 12,847 12,298 11,685 12,069
Equity 379 576 488 568
Grants and subsidies 9,387 8,652 7,888 8,163
Liabilities 3,073 3,065 3,302 3,333
Financial liabilities 1,702 1,500 1,500 1,312
Long-term liabilities 1,593 1,469 1,357 1,245
Short-term liabilities 352 337 619 505
Equity and liabilities 12,847 12,298 11,685 12,069

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 2% 2% -1% 1%
Return on equity (ROE) 3% 2% -1% 1%
Return on capital employed (ROCE) 6% 4% -1% 2%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.17 0.16 0.18 0.15
Current Ratio 2.07 3.41 2.64 5.61
Quick ratio 2.01 3.32 2.61 5.58
Turnover ratios
Asset turnover 0.14 0.16 0.17 0.21
Fixed asset turnover 0.15 0.17 0.19 0.26
Equity turnover 8.05 4.21 3.80 4.77
Profitability ratios
EBITDA margin 32% 30% 16% 18%
Operating profit margin 14% 9% -5% 1%
Net profit margin 15% 10% -4% 3%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Utenos regiono atliekų tvarkymo centras“
  • Legal formPrivate limited liability company (UAB)
  • Company code300083878
  • SectorRegional waste management center
  • Line of businessWaste disposal services
  • Representing institutionUtena district municipality
    Controlling (holding the largest share) institution

    Anykščiai district municipality
    Ignalina district municipality
    Visaginas municipality
  • Share belonging to the Municipal100%
www.uratc.lt
ROE

0.9%

Number of employees

46

Financial data provided as at end-December 2021