Vilniaus vandenys
UAB Vilniaus vandenys was registered on March 27, 1991. The company’s main activity is water supply and wastewater treatment. UAB Vilniaus vandenys is the largest water supply company in Lithuania. It operates water supply and wastewater management assets not only in Vilnius City, but also in Šalčininkai, Švenčionys and Vilnius districts.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 36,984 | 38,779 | 40,994 | 58,618 |
| Cost of goods sold | 24,677 | 26,031 | 32,617 | 32,725 |
| Gross profit (loss) | 12,307 | 12,749 | 8,377 | 25,894 |
| Gross profit margin | 33% | 33% | 20% | 44% |
| Operating expenses | 10,558 | 8,683 | 10,848 | 11,227 |
| Operating profit (loss) | -2,308 | -381 | -7,203 | 9,405 |
| Operating profit margin | -6% | -1% | -18% | 16% |
| EBITDA | 5,347 | 12,057 | 1,928 | 20,489 |
| EBITDA margin | 14% | 31% | 5% | 35% |
| Net profit (loss) | -1,992 | 3,120 | -6,002 | 10,169 |
| Net profit margin | -5% | 8% | -15% | 17% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 142,923 | 157,264 | 192,456 | 220,805 |
| Intangible assets | 758 | 1,243 | 1,322 | 2,462 |
| Tangible assets | 142,165 | 156,021 | 190,372 | 216,393 |
| Financial assets | 254 | 181 | ||
| Other non-current assets | 508 | 1,768 | ||
| Current assets | 12,741 | 14,906 | 17,643 | 31,815 |
| Inventories and prepaid expenses | 301 | 290 | 446 | 538 |
| Accounts receivable in one year | 6,373 | 6,963 | 4,886 | 6,573 |
| Other current assets | ||||
| Cash and cash equivalents | 6,043 | 7,348 | 12,295 | 24,695 |
| Total assets | 156,663 | 173,303 | 211,203 | 254,048 |
| Equity | 129,608 | 133,218 | 139,925 | 159,761 |
| Grants and subsidies | 44 | 174 | 161 | |
| Liabilities | 25,919 | 35,322 | 70,658 | 93,700 |
| Financial liabilities | 10,378 | 18,046 | 40,382 | 74,080 |
| Long-term liabilities | 10,582 | 18,625 | 39,815 | 72,377 |
| Short-term liabilities | 15,337 | 16,697 | 30,843 | 21,323 |
| Equity and liabilities | 156,663 | 173,303 | 211,203 | 254,048 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | 2% | -3% | 4% |
| Return on equity (ROE) | -2% | 2% | -4% | 7% |
| Return on capital employed (ROCE) | -2% | -0% | -4% | 4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.07 | 0.10 | 0.19 | 0.29 |
| Current Ratio | 0.83 | 0.89 | 0.57 | 1.49 |
| Quick ratio | 0.81 | 0.88 | 0.56 | 1.47 |
| Turnover ratios | ||||
| Asset turnover | 0.24 | 0.22 | 0.19 | 0.23 |
| Fixed asset turnover | 0.26 | 0.25 | 0.21 | 0.27 |
| Equity turnover | 0.29 | 0.29 | 0.29 | 0.37 |
| Profitability ratios | ||||
| EBITDA margin | 14% | 31% | 5% | 35% |
| Operating profit margin | -6% | -1% | -18% | 16% |
| Net profit margin | -5% | 8% | -15% | 17% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB „Vilniaus vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code120545849
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionVilnius city municipality
↑ Controlling (holding the largest share) institution
Šalčininkai district municipality
Švenčionys district municipality
Vilnius district municipality
- Share belonging to the Municipal88.97%
ROE
6.8%
Number of employees
610
Financial data provided as at end-December 2023
Management
- Saulius SavickasChief Executive Officer
Information as of: 2024/04/30
