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

2021 2022 2023 2024
Revenue 7,853 8,014 7,464 10,015
Cost of goods sold 3,813 4,275 3,922 5,594
Gross profit (loss) 4,040 3,739 3,542 4,421
Gross profit margin 51% 47% 47% 44%
Operating expenses 2,664 3,070 3,066 3,748
Operating profit (loss) -2,624 -650 1,528 805
Operating profit margin 18% 8% 6% 7%
EBITDA 2,104 1,568 1,507 2,161
EBITDA margin 27% 20% 20% 22%
Net profit (loss) 1,263 565 318 582
Net profit margin 16% 7% 4% 6%
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

2021 2022 2023 2024
Non-current assets 23,198 22,065 23,999 25,201
Intangible assets 12 24 79 846
Tangible assets 22,900 21,785 23,709 24,126
Financial assets 4
Other non-current assets 287 257 211 225
Current assets 3,964 3,448 1,907 4,530
Inventories and prepaid expenses 395 740 852 989
Accounts receivable in one year 1,012 1,099 880 1,051
Other current assets 0 1,587
Cash and cash equivalents 2,558 1,609 175 902
Total assets 27,257 25,664 26,159 30,039
Equity 8,427 8,219 8,122 11,446
Grants and subsidies 14,953 13,755 12,533 11,324
Liabilities 1,962 1,976 4,093 4,171
Financial liabilities 619 849 2,691 2,218
Long-term liabilities 410 570 2,203 1,773
Short-term liabilities 1,552 1,406 1,890 2,398
Equity and liabilities 27,257 25,664 26,159 30,039
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

2021 2022 2023 2024
Capital return ratios
Return on assets (ROA) 5% 2% 1% 2%
Return on equity (ROE) 15% 7% 4% 6%
Return on capital employed (ROCE) 16% 8% 5% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.02 0.03 0.10 0.07
Current Ratio 2.55 2.45 1.01 1.89
Quick ratio 2.30 1.93 0.56 1.48
Turnover ratios
Asset turnover 0.29 0.31 0.29 0.33
Fixed asset turnover 0.34 0.36 0.31 0.40
Equity turnover 0.93 0.98 0.92 0.87
Profitability ratios
EBITDA margin 27% 20% 20% 22%
Operating profit margin 18% 8% 6% 7%
Net profit margin 16% 7% 4% 6%
Other ratios
Dividends to the State 715.39 382.67 225.24 522.44
Dividends paid / net profit 0.57 0.68 0.71 0.90

* 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%
  • Contacts http://www.toksika.lt/
Return to the State

522 EUR thousand

ROE

5.9%

Number of employees

95

Financial data provided as at end-December 2024

Management

  • Arūnas DirvinskasChief Executive Officer

Information as of: 2025/09/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Normantas Marius DvareckasIndependent member; AB Panevėžio stiklas; AB Vilniaus šilumos tinklai; KŪB Pagalbos verslui fondas; UAB Ad ventum

MEMBERS OF THE BOARD OF DIRECTORS

  • Giedrius DusevičiusIndependent member; UAB Digital Audio
  • Agata ŠeporaitienėMinistry of the Economy and Innovation
  • Saulius UrbanavičiusIndependent member
  • Alditas SauliusIndependent member; Windcave Limited UAB; JSC Navoiyazot

Information as of: 2025/09/01

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