Varėnos vandenys
UAB Varėnos vandenys was registered on May 8, 1996. The company main activities are water collection, treatment and supply.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 997 | 1,109 | 1,119 | 1,583 |
| Cost of goods sold | 803 | 830 | 1,114 | 1,113 |
| Gross profit (loss) | 194 | 279 | 5 | 470 |
| Gross profit margin | 19% | 25% | 0% | 30% |
| Operating expenses | 173 | 185 | 192 | 273 |
| Operating profit (loss) | -41 | 33 | -262 | 140 |
| Operating profit margin | -4% | 3% | -23% | 9% |
| EBITDA | 226 | 220 | -35 | 371 |
| EBITDA margin | 23% | 20% | -3% | 23% |
| Net profit (loss) | 5 | 6 | -249 | 93 |
| Net profit margin | 1% | 0% | -22% | 6% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 7,726 | 7,541 | 7,739 | 8,770 |
| Intangible assets | 3 | |||
| Tangible assets | 7,723 | 7,541 | 7,739 | 8,770 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 242 | 263 | 223 | 275 |
| Inventories and prepaid expenses | 10 | 14 | 24 | 25 |
| Accounts receivable in one year | 163 | 170 | 180 | 219 |
| Other current assets | ||||
| Cash and cash equivalents | 69 | 78 | 19 | 31 |
| Total assets | 7,970 | 7,805 | 7,966 | 9,045 |
| Equity | 2,924 | 2,930 | 2,681 | 3,476 |
| Grants and subsidies | 3,717 | 3,593 | 3,499 | 3,437 |
| Liabilities | 1,329 | 1,282 | 1,785 | 2,133 |
| Financial liabilities | 1,178 | 1,041 | 1,522 | 1,804 |
| Long-term liabilities | 1,178 | 1,041 | 1,522 | 1,804 |
| Short-term liabilities | 151 | 241 | 263 | 329 |
| Equity and liabilities | 7,970 | 7,805 | 7,966 | 9,045 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 0% | -3% | 1% |
| Return on equity (ROE) | 0% | 0% | -9% | 3% |
| Return on capital employed (ROCE) | -1% | 1% | -6% | 3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.15 | 0.13 | 0.19 | 0.20 |
| Current Ratio | 1.60 | 1.09 | 0.85 | 0.83 |
| Quick ratio | 1.54 | 1.03 | 0.76 | 0.76 |
| Turnover ratios | ||||
| Asset turnover | 0.13 | 0.14 | 0.14 | 0.18 |
| Fixed asset turnover | 0.13 | 0.15 | 0.14 | 0.18 |
| Equity turnover | 0.34 | 0.38 | 0.42 | 0.46 |
| Profitability ratios | ||||
| EBITDA margin | 23% | 20% | -3% | 23% |
| Operating profit margin | -4% | 3% | -23% | 9% |
| Net profit margin | 1% | 0% | -22% | 6% |
| Other ratios | ||||
| Dividends to the Municipality | 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 „Varėnos vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code184626819
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionVarėna district municipality
- Share belonging to the Municipal100%
ROE
3.0%
Number of employees
42
Financial data provided as at end-December 2023
Management
- Eimantas KirkliauskasChief Executive Officer
Information as of: 2024/06/14
