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.

       2024/25 GOOD CORPORATE GOVERNANCE INDEX

Toksika_2025   

SK – Transparency Dimension
SV – Strategic Management Dimension
TV – Sustainability Dimension
AV – Shareholder Actions Dimension
GI – Good Governance Indicator

Financial results

P/L Statment

2022 2023 2024 2025
Revenue 8,014 7,464 9,581 11,800
Cost of goods sold 4,275 3,922 5,088 6,348
Gross profit (loss) 3,739 3,542 4,493 5,453
Gross profit margin 47% 47% 47% 46%
Operating expenses 3,070 3,066 3,717 4,289
Operating profit (loss) 669 476 776 1,164
Operating profit margin 8% 6% 8% 10%
EBITDA 1,568 1,507 2,231 2,915
EBITDA margin 20% 20% 23% 25%
Net profit (loss) 565 318 634 1,248
Net profit margin 7% 4% 7% 11%
2022-06 2023-06 2024-06 2025-06
Revenue 3,899 3,357 4,611 5,649
Cost of goods sold 1,714 1,594 2,470 2,917
Gross profit (loss) 2,185 1,763 2,141 2,732
Gross profit margin 56% 53% 46% 48%
Operating expenses 1,334 1,423 1,741 1,914
Operating profit (loss) 851 340 399 818
Operating profit margin 22% 10% 9% 14%
EBITDA 1,290 834 1,094 1,608
EBITDA margin 33% 25% 24% 28%
Net profit (loss) 826 300 322 770
Net profit margin 21% 9% 7% 14%

* Left axis

** Right axis

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

Balance sheet

2022 2023 2024 2025
Non-current assets 22,065 23,999 24,879 23,679
Intangible assets 24 79 70 15
Tangible assets 21,785 23,709 24,250 22,779
Financial assets 4 0
Other non-current assets 22,065 23,999 24,879 23,679
Current assets 3,448 1,907 4,431 4,950
Inventories and prepaid expenses 740 852 763 1,391
Accounts receivable in one year 1,099 880 1,132 1,457
Other current assets 0 616 709
Cash and cash equivalents 1,609 175 1,921 1,393
Total assets 25,664 26,159 29,571 28,924
Equity 8,219 8,122 11,501 12,196
Grants and subsidies 13,755 12,533 11,324 10,185
Liabilities 1,976 4,093 4,434 4,034
Financial liabilities 849 2,691 2,432 2,167
Long-term liabilities 570 2,203 2,006 1,846
Short-term liabilities 1,406 1,890 2,428 2,188
Equity and liabilities 25,664 26,159 29,571 28,924
2022-06 2023-06 2024-06 2025-06
Non-current assets 22,801 24,454 25,207 24,404
Intangible assets 6 37 965 797
Tangible assets 22,508 24,161 24,031 23,378
Financial assets 0 0 0 4
Other non-current assets 287 257 211 225
Current assets 3,750 2,261 4,883 4,232
Inventories and prepaid expenses 604 667 870 1,130
Accounts receivable in one year 1,234 840 1,375 1,316
Other current assets 0 0 2,113 1,308
Cash and cash equivalents 1,911 754 524 479
Total assets 26,633 26,825 30,268 28,800
Equity 8,479 8,105 11,255 11,664
Grants and subsidies 14,340 13,148 11,932 10,708
Liabilities 1,915 4,036 3,778 3,423
Financial liabilities 890 2,102 2,415 1,963
Long-term liabilities 697 1,949 2,168 1,768
Short-term liabilities 1,218 2,087 1,610 1,655
Equity and liabilities 26,633 26,825 30,268 28,800

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

Financial ratios

2022 2023 2024 2025
Capital return ratios
Return on assets (ROA) 2% 1% 2% 4%
Return on equity (ROE) 7% 4% 6% 11%
Return on capital employed (ROCE) 8% 5% 6% 8%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.10 0.08 0.07
Current Ratio 2.45 1.01 1.83 2.26
Quick ratio 1.93 0.56 1.51 1.63
Turnover ratios
Asset turnover 0.31 0.29 0.32 0.41
Fixed asset turnover 0.36 0.31 0.39 0.50
Equity turnover 0.98 0.92 0.83 0.97
Profitability ratios
EBITDA margin 20% 20% 23% 25%
Operating profit margin 8% 6% 8% 10%
Net profit margin 7% 4% 7% 11%
Other ratios
Dividends to the State 382.67 225.24 522.44 800.74
Dividends paid / net profit 0.68 0.71 0.82 0.64

* Left axis

** Right axis

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

2022-06 2023-06 2024-06 2025-06
Capital return ratios
Return on assets (ROA) 3% 0% 1% 3%
Return on equity (ROE) 11% 0% 4% 9%
Return on capital employed (ROCE) 9% 3% 3% 6%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.03 0.08 0.08 0.07
Current Ratio 3.08 1.08 3.03 2.56
Quick ratio 2.58 0.76 2.49 1.87
Turnover ratios
Asset turnover 0.15 0.13 0.15 0.20
Fixed asset turnover 0.17 0.14 0.18 0.23
Equity turnover 0.46 0.41 0.41 0.48
Profitability ratios
EBITDA margin 33% 25% 24% 28%
Operating profit margin 22% 10% 9% 14%
Net profit margin 21% 9% 7% 14%
Other ratios
Dividends to the State
Dividends paid / net profit

Financial statments

2024 m. 6 mėn. tarpinės ataskaitos 2024 m. metinės ataskaitos
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 State94.56%
  • Contacts http://www.toksika.lt/
Return to the State

801 EUR thousand

ROE

4.3%

Number of employees

100

Financial data provided as at end-December 2024

Management

  • Arūnas DirvinskasChief Executive Officer

Term of office expires: 2027/11/10

The information is relevant

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Normantas Marius DvareckasIndependent member

MEMBERS OF THE BOARD OF DIRECTORS

  • Rytis ValūnasIndependent member
  • Jurgita KerpėIndependent member
  • Saulius UrbanavičiusIndependent member
  • Laurentina GarbauskienėMinistry of the Economy and Innovation

Term of office expires: 2030/04/27

The information is relevant

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