Zarasų vandenys
UAB Zarasų vandenys was registered on August 1, 2000. The company’s main activity is the supply of drinking water to the residents and enterprises of Zarasai district, as well as wastewater collection and treatment. The company also invests in water management by expanding and renovating water supply and sewage networks, managing rural water management facilities, and implementing investment projects in the Neris river basin.
Financial results
P/L Statment
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Revenue | 570 | 651 | 656 | 687 |
| Cost of goods sold | 292 | 325 | 368 | 484 |
| Gross profit (loss) | 278 | 326 | 288 | 203 |
| Gross profit margin | 49% | 50% | 44% | 30% |
| Operating expenses | 315 | 324 | 297 | 188 |
| Operating profit (loss) | -37 | 2 | -9 | 15 |
| Operating profit margin | -6% | 0% | -1% | 2% |
| EBITDA | 152 | 197 | 121 | 112 |
| EBITDA margin | 27% | 30% | 18% | 16% |
| Net profit (loss) | -12 | 25 | 27 | 19 |
| Net profit margin | -2% | 4% | 4% | 3% |
Balance sheet
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Non-current assets | 4,686 | 5,521 | 5,772 | 6,417 |
| Intangible assets | 1 | 0 | 0 | 0 |
| Tangible assets | 4,671 | 5,503 | 5,740 | 6,389 |
| Financial assets | 5 | 5 | 4 | 0 |
| Other non-current assets | 9 | 14 | 28 | 28 |
| Current assets | 199 | 142 | 126 | 117 |
| Inventories and prepaid expenses | 46 | 21 | 17 | 13 |
| Accounts receivable in one year | 39 | 38 | 50 | 49 |
| Other current assets | 0 | 0 | 0 | 0 |
| Cash and cash equivalents | 114 | 83 | 60 | 55 |
| Total assets | 4,889 | 5,672 | 5,914 | 6,535 |
| Equity | 1,672 | 1,697 | 1,734 | 1,753 |
| Grants and subsidies | 3,134 | 3,644 | 3,760 | 4,160 |
| Liabilities | 84 | 330 | 420 | 622 |
| Financial liabilities | 39 | 216 | 272 | 376 |
| Long-term liabilities | 39 | 216 | 272 | 376 |
| Short-term liabilities | 45 | 115 | 148 | 246 |
| Equity and liabilities | 4,889 | 5,672 | 5,914 | 6,535 |
Financial ratios
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 0% | 0% | 0% |
| Return on equity (ROE) | 0% | 0% | 0% | 0% |
| Return on capital employed (ROCE) | 0% | 1% | 1% | 1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.13 | 0.16 | 0.21 |
| Current Ratio | 0.00 | 1.24 | 0.85 | 0.47 |
| Quick ratio | 0.00 | 1.05 | 0.74 | 0.42 |
| Turnover ratios | ||||
| Asset turnover | 0.00 | 0.12 | 0.11 | 0.11 |
| Fixed asset turnover | 0.00 | 0.13 | 0.12 | 0.11 |
| Equity turnover | 0.00 | 0.39 | 0.38 | 0.39 |
| Profitability ratios | ||||
| EBITDA margin | 0% | 30% | 18% | 16% |
| Operating profit margin | 0% | 0% | -1% | 2% |
| Net profit margin | 0% | 4% | 4% | 3% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Zarasų vandenys“
- Legal formPrivate limited liability company (UAB)
- Company code187920473
- SectorWater utilities
- Line of businessUtilities: water
- Representing institutionZarasai district municipality
- Share belonging to the Municipal100%
ROE
1.1%
Number of employees
32
Financial data provided as at end-December 2020
