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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 1,023 | 997 | 1,109 | 1,119 |
| Cost of goods sold | 747 | 803 | 830 | 1,114 |
| Gross profit (loss) | 276 | 194 | 279 | 5 |
| Gross profit margin | 27% | 19% | 25% | 0% |
| Operating expenses | 221 | 173 | 185 | 192 |
| Operating profit (loss) | -26 | -41 | 33 | -262 |
| Operating profit margin | -3% | -4% | 3% | -23% |
| EBITDA | 204 | 226 | 220 | -29 |
| EBITDA margin | 20% | 23% | 20% | -3% |
| Net profit (loss) | -22 | 5 | 6 | -249 |
| Net profit margin | -2% | 1% | 0% | -22% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 7,840 | 7,726 | 7,541 | 7,739 |
| Intangible assets | 7 | 3 | ||
| Tangible assets | 7,834 | 7,723 | 7,541 | 7,739 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 234 | 242 | 263 | 223 |
| Inventories and prepaid expenses | 21 | 10 | 14 | 24 |
| Accounts receivable in one year | 176 | 163 | 170 | 180 |
| Other current assets | ||||
| Cash and cash equivalents | 38 | 69 | 78 | 19 |
| Total assets | 8,076 | 7,970 | 7,805 | 7,966 |
| Equity | 2,919 | 2,924 | 2,930 | 2,681 |
| Grants and subsidies | 3,693 | 3,717 | 3,593 | 3,500 |
| Liabilities | 1,464 | 1,329 | 1,282 | 1,785 |
| Financial liabilities | 1,249 | 1,178 | 1,041 | 1,522 |
| Long-term liabilities | 1,249 | 1,178 | 1,041 | 1,522 |
| Short-term liabilities | 214 | 151 | 241 | 263 |
| Equity and liabilities | 8,076 | 7,970 | 7,805 | 7,966 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -0% | 0% | 0% | -3% |
| Return on equity (ROE) | -1% | 0% | 0% | -9% |
| Return on capital employed (ROCE) | -1% | -1% | 1% | -6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.15 | 0.15 | 0.13 | 0.19 |
| Current Ratio | 1.09 | 1.60 | 1.09 | 0.85 |
| Quick ratio | 1.00 | 1.54 | 1.03 | 0.76 |
| Turnover ratios | ||||
| Asset turnover | 0.13 | 0.13 | 0.14 | 0.14 |
| Fixed asset turnover | 0.13 | 0.13 | 0.15 | 0.14 |
| Equity turnover | 0.35 | 0.34 | 0.38 | 0.42 |
| Profitability ratios | ||||
| EBITDA margin | 20% | 23% | 20% | -3% |
| Operating profit margin | -3% | -4% | 3% | -23% |
| Net profit margin | -2% | 1% | 0% | -22% |
| Other ratios | ||||
| Dividends to the Municipality | 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 „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
-8.9%
Number of employees
43
Financial data provided as at end-December 2022
