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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Vilkaviškio Komunalinis ūkis was established on June 16, 1995. The company’s main activities are maintenance and management of the city streets and environment, sewage and waste disposal, cemetery care and ornamental gardening. Since October 2012, the company has been maintaining hot water and heating systems in Vilkaviškis.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 697 735 842 986
Cost of goods sold 459 613 736 749
Gross profit (loss) 238 122 106 237
Gross profit margin 34% 17% 13% 24%
Operating expenses 224 102 96 97
Operating profit (loss) 15 20 11 140
Operating profit margin 2% 3% 1% 14%
EBITDA 109 126 119 247
EBITDA margin 16% 17% 14% 25%
Net profit (loss) 65 77 71 174
Net profit margin 9% 10% 8% 18%

Balance sheet

2018 2019 2020 2021
Non-current assets 237 233 225 261
Intangible assets
Tangible assets 237 233 225 261
Financial assets
Other non-current assets
Current assets 464 443 539 749
Inventories and prepaid expenses 2 1 2 6
Accounts receivable in one year 281 253 450 353
Other current assets
Cash and cash equivalents 181 188 87 390
Total assets 701 675 765 1,009
Equity 554 630 701 829
Grants and subsidies
Liabilities 147 45 64 181
Financial liabilities 85
Long-term liabilities
Short-term liabilities 147 45 64 181
Equity and liabilities 701 675 765 1,009

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 10% 11% 10% 20%
Return on equity (ROE) 12% 13% 11% 23%
Return on capital employed (ROCE) 29% 30% 24% 50%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.15
Current Ratio 3.15 9.79 8.44 4.14
Quick ratio 3.14 9.77 8.40 4.11
Turnover ratios
Asset turnover 1.05 1.07 1.17 1.11
Fixed asset turnover 2.87 3.13 3.68 4.06
Equity turnover 1.34 1.24 1.27 1.29
Profitability ratios
EBITDA margin 16% 17% 14% 25%
Operating profit margin 2% 3% 1% 14%
Net profit margin 9% 10% 8% 18%
Other ratios
Dividends to the Municipality 45.90 45.90
Dividends paid / net profit 0.65 0.26

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Vilkaviškio komunalinis ūkis“
  • Legal formPrivate limited liability company (UAB)
  • Company code185105324
  • SectorOther
  • Line of businessWaste disposal services
  • Representing institutionVilkaviškis district municipality
  • Share belonging to the Municipal100%
ROE

22.7%

Number of employees

58

Financial data provided as at end-December 2021