VAATC
UAB VAATC was registered in 2003. February 21 The company was established in order to create a Vilnius regional waste management system, and eight Vilnius county municipalities (Elektrėnai, Šalčininkai district, Širvintos district, Švenčionys district, Trakai district, Ukmergė district, Vilnius city and Vilnius district) signed the establishment agreement. The main activity of the company is the supervision and development of the functioning of the waste management system in the Vilnius region.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 15,784 | 13,917 | 15,401 | 16,426 |
| Cost of goods sold | 12,186 | 10,726 | 13,696 | 15,864 |
| Gross profit (loss) | 3,598 | 3,191 | 1,705 | 562 |
| Gross profit margin | 23% | 23% | 11% | 3% |
| Operating expenses | 651 | 749 | 877 | 874 |
| Operating profit (loss) | 2,945 | 2,440 | 826 | -319 |
| Operating profit margin | 19% | 18% | 5% | -2% |
| EBITDA | 3,989 | 3,629 | 2,076 | 873 |
| EBITDA margin | 25% | 26% | 13% | 5% |
| Net profit (loss) | 2,411 | 2,349 | 500 | 147 |
| Net profit margin | 15% | 17% | 3% | 1% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 42,498 | 41,801 | 44,274 | 42,943 |
| Intangible assets | 10 | 4 | 4 | 159 |
| Tangible assets | 42,391 | 40,757 | 40,043 | 42,540 |
| Financial assets | 98 | 1,040 | 4,227 | 244 |
| Other non-current assets | ||||
| Current assets | 27,876 | 31,523 | 30,461 | 33,835 |
| Inventories and prepaid expenses | 36 | 105 | 116 | 214 |
| Accounts receivable in one year | 3,347 | 3,765 | 3,328 | 1,990 |
| Other current assets | 89 | 7,017 | 21,000 | |
| Cash and cash equivalents | 24,492 | 27,564 | 20,000 | 10,631 |
| Total assets | 70,397 | 73,355 | 74,776 | 77,041 |
| Equity | 20,687 | 26,018 | 26,518 | 28,271 |
| Grants and subsidies | 32,517 | 30,985 | 29,552 | 30,224 |
| Liabilities | 4,597 | 2,043 | 4,370 | 4,806 |
| Financial liabilities | 2,763 | 0 | 0 | 0 |
| Long-term liabilities | 2,241 | |||
| Short-term liabilities | 2,356 | 2,043 | 4,370 | 4,806 |
| Equity and liabilities | 70,397 | 73,355 | 74,776 | 77,041 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 4% | 3% | 1% | 0% |
| Return on equity (ROE) | 12% | 10% | 2% | 1% |
| Return on capital employed (ROCE) | 13% | 9% | 3% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.04 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 11.83 | 15.43 | 6.97 | 7.04 |
| Quick ratio | 11.82 | 15.38 | 6.94 | 7.00 |
| Turnover ratios | ||||
| Asset turnover | 0.22 | 0.19 | 0.21 | 0.21 |
| Fixed asset turnover | 0.37 | 0.33 | 0.35 | 0.38 |
| Equity turnover | 0.76 | 0.53 | 0.58 | 0.58 |
| Profitability ratios | ||||
| EBITDA margin | 25% | 26% | 13% | 5% |
| Operating profit margin | 19% | 18% | 5% | -2% |
| Net profit margin | 15% | 17% | 3% | 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „VAATC“
- Legal formPrivate limited liability company (UAB)
- Company code181705485
- SectorRegional waste management center
- Line of businessWaste disposal services
- Representing institutionVilnius city municipality
↑ Controlling (holding the largest share) institution
Švenčionys district municipality
Trakai district municipality
Ukmergė district municipality
Vilnius district municipality
- Share belonging to the Municipal75.04%
ROE
0.5%
Number of employees
77
Financial data provided as at end-December 2023
Management
- Tomas VaitkevičiusChief Executive Officer
Information as of: 2024/04/30
