Utenos vandenys
UAB Utenos vandenys was registered on April 12, 1995. Its main activities are extraction, improvement and supply of drinking water to consumers; collection, treatment and disposal of wastewater to environmental requirements; operation of water supply and wastewater networks; diagnostics and cleaning of sewer; laboratory control of the drinking water provided and the treated wastewater; control of subscribers billing; development of water management facilities.
Financial results
P/L Statment
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | 4,708 | 5,094 | 6,975 | 7,125 |
| Cost of goods sold | 3,757 | 4,407 | 4,283 | 4,849 |
| Gross profit (loss) | 951 | 688 | 2,693 | 2,276 |
| Gross profit margin | 20% | 13% | 39% | 32% |
| Operating expenses | 686 | 763 | 1,021 | 1,359 |
| Operating profit (loss) | 45 | -314 | 1,532 | 778 |
| Operating profit margin | 1% | -6% | 22% | 11% |
| EBITDA | 1,145 | 817 | 2,577 | 2,059 |
| EBITDA margin | 24% | 16% | 37% | 29% |
| Net profit (loss) | 57 | -292 | 1,349 | 704 |
| Net profit margin | 1% | -6% | 19% | 10% |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 47,845 | 52,558 | 52,395 | 50,634 |
| Intangible assets | 67 | 42 | 379 | 315 |
| Tangible assets | 47,779 | 52,516 | 52,016 | 50,319 |
| Financial assets | 0 | 0 | ||
| Other non-current assets | 0 | 0 | ||
| Current assets | 4,508 | 793 | 1,809 | 2,253 |
| Inventories and prepaid expenses | 321 | 202 | 366 | 309 |
| Accounts receivable in one year | 553 | 497 | 738 | 831 |
| Other current assets | 0 | 0 | 300 | |
| Cash and cash equivalents | 3,635 | 94 | 704 | 813 |
| Total assets | 52,365 | 53,363 | 54,218 | 52,904 |
| Equity | 16,803 | 16,511 | 17,860 | 18,413 |
| Grants and subsidies | 31,790 | 32,285 | 33,416 | 31,970 |
| Liabilities | 3,772 | 4,567 | 2,942 | 2,514 |
| Financial liabilities | 2,291 | 2,489 | 2,438 | 1,629 |
| Long-term liabilities | 1,920 | 2,118 | 2,144 | 1,629 |
| Short-term liabilities | 1,853 | 2,449 | 797 | 886 |
| Equity and liabilities | 52,365 | 53,363 | 54,218 | 52,904 |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | -1% | 3% | 1% |
| Return on equity (ROE) | 0% | -2% | 8% | 4% |
| Return on capital employed (ROCE) | 0% | -2% | 8% | 4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.04 | 0.05 | 0.04 | 0.03 |
| Current Ratio | 2.43 | 0.32 | 2.27 | 2.54 |
| Quick ratio | 2.26 | 0.24 | 1.81 | 2.19 |
| Turnover ratios | ||||
| Asset turnover | 0.09 | 0.10 | 0.13 | 0.13 |
| Fixed asset turnover | 0.10 | 0.10 | 0.13 | 0.14 |
| Equity turnover | 0.28 | 0.31 | 0.39 | 0.39 |
| Profitability ratios | ||||
| EBITDA margin | 24% | 16% | 37% | 29% |
| Operating profit margin | 1% | -6% | 22% | 11% |
| Net profit margin | 1% | -6% | 19% | 10% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 150.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.11 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Utenos vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code183633981
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionUtena district municipality
- Share indirectly belonging to the Municipal0%
- Contacts https://utenosvandenys.lt
ROE
3.9%
Number of employees
120
Financial data provided as at end-December 2024
Management
- Gintaras DiržauskasChief Executive Officer
Information as of: 2025/06/01
