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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.


       2022/23 GOOD CORPORATE GOVERNANCE INDEX

       


       2021/22 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%
2020-06 2021-06 2022-06 2023-06
Revenue 5,556 3,361 3,899 3,357
Cost of goods sold 2,181 1,054 1,714 1,594
Gross profit (loss) 3,375 2,307 2,185 1,763
Gross profit margin 61% 69% 56% 53%
Operating expenses 1,383 1,168 1,334 1,423
Operating profit (loss) 1,992 1,139 851 340
Operating profit margin 36% 34% 22% 10%
EBITDA 2,283 1,509 1,290 834
EBITDA margin 41% 45% 33% 25%
Net profit (loss) 1,999 1,172 826 300
Net profit margin 36% 35% 21% 9%

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
2020-06 2021-06 2022-06 2023-06
Non-current assets 23,821 23,330 22,801 24,454
Intangible assets 11 9 6 37
Tangible assets 23,658 23,088 22,508 24,161
Financial assets 152 0 0 0
Other non-current assets 0 234 287 257
Current assets 4,077 3,660 3,750 2,261
Inventories and prepaid expenses 586 338 604 667
Accounts receivable in one year 865 984 1,234 840
Other current assets 0 0 0 0
Cash and cash equivalents 2,626 2,338 1,911 754
Total assets 27,984 27,058 26,633 26,825
Equity 8,405 8,337 8,479 8,105
Grants and subsidies 16,792 15,566 14,340 13,148
Liabilities 887 1,799 1,915 4,036
Financial liabilities 205 714 890 2,102
Long-term liabilities 180 261 697 1,949
Short-term liabilities 707 1,537 1,218 2,087
Equity and liabilities 27,984 27,058 26,633 26,825

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
2020-06 2021-06 2022-06 2023-06
Capital return ratios
Return on assets (ROA) 8% 3% 3% 0%
Return on equity (ROE) 30% 10% 11% 0%
Return on capital employed (ROCE) 23% 13% 9% 3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.01 0.03 0.03 0.08
Current Ratio 5.77 2.38 3.08 1.08
Quick ratio 4.94 2.16 2.58 0.76
Turnover ratios
Asset turnover 0.20 0.12 0.15 0.13
Fixed asset turnover 0.23 0.14 0.17 0.14
Equity turnover 0.66 0.40 0.46 0.41
Profitability ratios
EBITDA margin 41% 45% 33% 25%
Operating profit margin 36% 34% 22% 10%
Net profit margin 36% 35% 21% 9%
Other ratios
Dividends to the State
Dividends paid / net profit

Expectations of the state

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: 2024/06/03

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

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

MEMBERS OF THE BOARD OF DIRECTORS

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

Information as of: 2024/06/03