• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Vilkiškio valymo įrenginiai was registered on December 8, 1995 and reorganised on April 2, 1998 into the special-purpose UAB Vilkaviškio vandenys. The special purpose status was abolished in 2003. The company main activities are the supply of drinking water and wastewater management. The company also repairs faults in water supply and sewage networks, cleans sewage networks, repairs, connects and disconnects water supply inlets and sewage outlets. Drains sewage manholes, lays water supply and sewage networks, installs accounting devices (meters) in apartments and individual houses.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 1,455 1,498 1,526 1,530
Cost of goods sold 878 926 1,051 1,024
Gross profit (loss) 576 572 474 506
Gross profit margin 40% 38% 31% 33%
Operating expenses 573 583 579 592
Operating profit (loss) 3 -11 -105 -86
Operating profit margin 0% -1% -7% -6%
EBITDA 153 138 128 170
EBITDA margin 11% 9% 8% 11%
Net profit (loss) -1 -16 -109 -79
Net profit margin -0% -1% -7% -5%

Balance sheet

2018 2019 2020 2021
Non-current assets 24,953 24,377 20,192 20,307
Intangible assets 1 1 0 3
Tangible assets 24,952 24,376 20,192 20,304
Financial assets
Other non-current assets
Current assets 291 406 568 585
Inventories and prepaid expenses 30 23 20 29
Accounts receivable in one year 219 185 186 207
Other current assets
Cash and cash equivalents 42 198 362 349
Total assets 25,246 24,785 20,762 20,893
Equity 2,458 2,434 6,816 6,737
Grants and subsidies 22,195 21,745 13,433 13,682
Liabilities 592 606 513 475
Financial liabilities 355 309 263 244
Long-term liabilities 65 19
Short-term liabilities 527 587 513 475
Equity and liabilities 25,246 24,785 20,762 20,893

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) -0% -0% -0% -0%
Return on equity (ROE) -0% -1% -2% -1%
Return on capital employed (ROCE) 0% -0% -1% -1%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.14 0.13 0.04 0.04
Current Ratio 0.55 0.69 1.11 1.23
Quick ratio 0.49 0.65 1.07 1.17
Turnover ratios
Asset turnover 0.07 0.06 0.07 0.07
Fixed asset turnover 0.07 0.06 0.07 0.08
Equity turnover 0.70 0.61 0.33 0.23
Profitability ratios
EBITDA margin 11% 9% 8% 11%
Operating profit margin 0% -1% -7% -6%
Net profit margin -0% -1% -7% -5%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Vilkaviškio vandenys“
  • Legal formPrivate limited liability company (UAB)
  • Company code185304657
  • SectorWater utilities
  • Line of businessUtilities: water
  • Representing institutionVilkaviškis district municipality
  • Share belonging to the Municipal99.4%
https://vilkaviskiovandenys.lt/
ROE

-1.2%

Number of employees

52

Financial data provided as at end-December 2021