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Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

UAB Toksika is a licensed hazardous waste management company operating in Lithuania since 1992. The company manages facilities of national importance – a hazardous waste incinerator and a hazardous waste landfill. The company carries out all types of hazardous waste collection, transport and final treatment activities. As of October 2024, the company has completed its reorganization process, following which the company GVT LT, which specializes in the treatment of oil-contaminated soil, sludge, and water, was merged into UAB Toksika. After the merger, the company took over UAB GVT LT activities, specifically the final treatment of oil-contaminated soil, sludge, and water using biological methods.

       2023/24 GOOD CORPORATE GOVERNANCE INDEX

       

       2022/23 GOOD CORPORATE GOVERNANCE INDEX    

Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio

Financial results

P/L Statment

2020 2021 2022 2023
Revenue 8,566 7,853 8,014 7,464
Cost of goods sold 4,273 3,813 4,275 3,922
Gross profit (loss) 4,293 4,040 3,739 3,542
Gross profit margin 50% 51% 47% 47%
Operating expenses 2,647 2,664 3,070 3,066
Operating profit (loss) 1,646 1,376 669 476
Operating profit margin 19% 18% 8% 6%
EBITDA 2,261 2,104 1,568 1,507
EBITDA margin 26% 27% 20% 20%
Net profit (loss) 1,638 1,263 565 318
Net profit margin 19% 16% 7% 4%
2021-06 2022-06 2023-06 2024-06
Revenue 3,361 3,899 3,357 4,576
Cost of goods sold 1,054 1,714 1,594 2,445
Gross profit (loss) 2,307 2,185 1,763 2,131
Gross profit margin 69% 56% 53% 47%
Operating expenses 1,168 1,334 1,423 1,654
Operating profit (loss) 1,139 851 340 477
Operating profit margin 34% 22% 10% 10%
EBITDA 1,509 1,290 834 1,163
EBITDA margin 45% 33% 25% 25%
Net profit (loss) 1,172 826 300 391
Net profit margin 35% 21% 9% 9%

* Left axis

** Right axis

*** All data in Profit and Loss Statement table and corresponding chart is in EUR thousand, unless otherwise noted

Balance sheet

2020 2021 2022 2023
Non-current assets 23,556 23,198 22,065 23,999
Intangible assets 9 12 24 79
Tangible assets 23,314 22,900 21,785 23,709
Financial assets
Other non-current assets 234 287 257 211
Current assets 3,798 3,964 3,448 1,907
Inventories and prepaid expenses 647 395 740 852
Accounts receivable in one year 945 1,012 1,099 880
Other current assets
Cash and cash equivalents 2,206 2,558 1,609 175
Total assets 27,446 27,257 25,664 26,159
Equity 8,045 8,427 8,219 8,122
Grants and subsidies 16,179 14,953 13,755 12,533
Liabilities 1,653 1,962 1,976 4,093
Financial liabilities 364 619 849 2,691
Long-term liabilities 164 410 570 2,203
Short-term liabilities 1,489 1,552 1,406 1,890
Equity and liabilities 27,446 27,257 25,664 26,159
2021-06 2022-06 2023-06 2024-06
Non-current assets 23,330 22,801 24,454 25,207
Intangible assets 9 6 37 965
Tangible assets 23,088 22,508 24,161 24,031
Financial assets 0 0 0 0
Other non-current assets 234 287 257 211
Current assets 68 83 110 177
Inventories and prepaid expenses 338 604 667 870
Accounts receivable in one year 984 1,234 840 1,375
Other current assets 0 0 0 2,113
Cash and cash equivalents 2,338 1,911 754 524
Total assets 27,058 26,633 26,825 30,268
Equity 8,337 8,479 8,105 11,255
Grants and subsidies 15,566 14,340 13,148 11,932
Liabilities 1,799 1,915 4,036 3,778
Financial liabilities 304 890 2,102 2,415
Long-term liabilities 261 697 1,949 2,168
Short-term liabilities 1,537 1,218 2,087 1,610
Equity and liabilities 27,058 26,633 26,825 30,268

* All data in Balance Sheet table and corresponding chart is in EUR thousand, unless otherwise noted

Financial ratios

2020 2021 2022 2023
Capital return ratios
Return on assets (ROA) 6% 5% 2% 1%
Return on equity (ROE) 23% 15% 7% 4%
Return on capital employed (ROCE) 20% 16% 8% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.02 0.03 0.10
Current Ratio 2.55 2.55 2.45 1.01
Quick ratio 2.12 2.30 1.93 0.56
Turnover ratios
Asset turnover 0.31 0.29 0.31 0.29
Fixed asset turnover 0.36 0.34 0.36 0.31
Equity turnover 1.06 0.93 0.98 0.92
Profitability ratios
EBITDA margin 26% 27% 20% 20%
Operating profit margin 19% 18% 8% 6%
Net profit margin 19% 16% 7% 4%
Other ratios
Dividends to the State 814.36 715.39 382.67 225.24
Dividends paid / net profit 0.50 0.57 0.68 0.71

* Left axis

** Right axis

*** Dividends to the state in Financial Ratios table is in EUR thousand

2021-06 2022-06 2023-06 2024-06
Capital return ratios
Return on assets (ROA) 3% 3% 0% 1%
Return on equity (ROE) 10% 11% 0% 4%
Return on capital employed (ROCE) 13% 9% 3% 4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.03 0.08 0.08
Current Ratio 2.38 3.08 1.08 3.03
Quick ratio 2.16 2.58 0.76 2.49
Turnover ratios
Asset turnover 0.12 0.15 0.13 0.15
Fixed asset turnover 0.14 0.17 0.14 0.18
Equity turnover 0.40 0.46 0.41 0.41
Profitability ratios
EBITDA margin 45% 33% 25% 25%
Operating profit margin 34% 22% 10% 10%
Net profit margin 35% 21% 9% 9%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2023 m. 6 mėn. tarpinės ataskaitos 2023 m. metinės ataskaitos
2022 m. 6 mėn. tarpinės ataskaitos 2022 m. metinės ataskaitos
2021 m. 6 mėn. tarpinės ataskaitos 2021 m. metinės ataskaitos
2020 m. 6 mėn. tarpinės ataskaitos 2020 m. metinės ataskaitos
2019 m. metinės ataskaitos 2019 m. 6 mėn. tarpinės ataskaitos
2018 m. metinės ataskaitos 2018 m. 6 mėn. tarpinės ataskaitos
2017 m. 6 mėn. tarpinės ataskaitos 2017 m. metinės ataskaitos
2016 m. metinės ataskaitos 2016 m. 6 mėn. tarpinės ataskaitos 2016 m. 3 mėn. tarpinės ataskaitos
2015 m. 12 mėn. tarpinės ataskaitos 2015 m. 9 mėn. tarpinės ataskaitos 2015 m. 6 mėn. tarpinės ataskaitos 2015 m. 3 mėn. tarpinės ataskaitos
2014 m. metinės ataskaitos 2014 m. 12 mėn. tarpinės ataskaitos 2014 m. 3 mėn. tarpinės ataskaitos 2014 m. 6 mėn. tarpinės ataskaitos 2014 m. 9 mėn. tarpinės ataskaitos
2012 m. metinės ataskaitos 2012 m. 6 mėn. tarpinės ataskaitos
2013 m. 3 mėn. tarpinės ataskaitos 2013 m. 6 mėn. tarpinės ataskaitos 2013 m. metinės ataskaitos 2013 m. 9 mėn. tarpinės ataskaitos 2013 m. 12 mėn. tarpinės ataskaitos
2011 m. metinės ataskaitos 2011 m. 6 mėn. tarpinės ataskaitos
2010 m. metinės ataskaitos

Expectations of the state

Key performance indicator
Letter of Expectations

About the company

  • Official nameUAB „Toksika“
  • Legal formPrivate limited liability company (UAB)
  • Company code244670310
  • SectorOther
  • Line of businessToxic waste management
  • Institution representing the StateMinistry of the Economy and Innovation
  • Share belonging to the State94.6%
http://www.toksika.lt/
Return to the State

225 EUR thousand

ROE

3.9%

Number of employees

80

Financial data provided as at end-December 2023

Management

  • Arūnas DirvinskasChief Executive Officer

Information as of: 2024/11/04

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Normantas Marius DvareckasIndependent member; AB Vilniaus šilumos tinklai; UAB Ad ventum; VĮ Valstybinių miškų urėdija

MEMBERS OF THE BOARD OF DIRECTORS

  • Giedrius Dusevičius UAB Digital Audio
  • Agata ŠeporaitienėMinistry of the Economy and Innovation

Information as of: 2024/11/04

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