Toksika
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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 4,894 | 8,566 | 7,853 | 8,014 |
Cost of goods sold | 2,853 | 4,273 | 3,813 | 4,275 |
Gross profit (loss) | 2,042 | 4,293 | 4,040 | 3,739 |
Gross profit margin | 42% | 50% | 51% | 47% |
Operating expenses | 1,820 | 2,647 | 2,664 | 3,070 |
Operating profit (loss) | 222 | 1,646 | 1,376 | 669 |
Operating profit margin | 5% | 19% | 18% | 8% |
EBITDA | 802 | 2,261 | 2,104 | 1,568 |
EBITDA margin | 16% | 26% | 27% | 20% |
Net profit (loss) | 281 | 1,638 | 1,263 | 565 |
Net profit margin | 6% | 19% | 16% | 7% |
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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 24,649 | 23,556 | 23,198 | 22,065 |
Intangible assets | 14 | 9 | 12 | 24 |
Tangible assets | 24,482 | 23,314 | 22,900 | 21,785 |
Financial assets | ||||
Other non-current assets | 152 | 234 | 287 | 257 |
Current assets | 1,724 | 3,798 | 3,964 | 3,448 |
Inventories and prepaid expenses | 232 | 647 | 395 | 740 |
Accounts receivable in one year | 1,320 | 945 | 1,012 | 1,099 |
Other current assets | ||||
Cash and cash equivalents | 172 | 2,206 | 2,558 | 1,609 |
Total assets | 26,504 | 27,446 | 27,257 | 25,664 |
Equity | 6,406 | 8,045 | 8,427 | 8,219 |
Grants and subsidies | 17,405 | 16,179 | 14,953 | 13,755 |
Liabilities | 1,674 | 1,653 | 1,962 | 1,976 |
Financial liabilities | 458 | 364 | 619 | 849 |
Long-term liabilities | 237 | 164 | 410 | 570 |
Short-term liabilities | 1,436 | 1,489 | 1,552 | 1,406 |
Equity and liabilities | 26,504 | 27,446 | 27,257 | 25,664 |
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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 1% | 6% | 5% | 2% |
Return on equity (ROE) | 4% | 23% | 15% | 7% |
Return on capital employed (ROCE) | 3% | 20% | 16% | 8% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.03 | 0.02 | 0.02 | 0.03 |
Current Ratio | 1.20 | 2.55 | 2.55 | 2.45 |
Quick ratio | 1.04 | 2.12 | 2.30 | 1.93 |
Turnover ratios | ||||
Asset turnover | 0.18 | 0.31 | 0.29 | 0.31 |
Fixed asset turnover | 0.20 | 0.36 | 0.34 | 0.36 |
Equity turnover | 0.76 | 1.06 | 0.93 | 0.98 |
Profitability ratios | ||||
EBITDA margin | 16% | 26% | 27% | 20% |
Operating profit margin | 5% | 19% | 18% | 8% |
Net profit margin | 6% | 19% | 16% | 7% |
Other ratios | ||||
Dividends to the State | 0.00 | 814.36 | 715.39 | 382.67 |
Dividends paid / net profit | 0.00 | 0.50 | 0.57 | 0.68 |
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 |
Financial statments
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%
Return to the State
383 EUR thousand
ROE
6.8%
Number of employees
75
Financial data provided as at end-December 2022
KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022–2024
- Average Annual EBITDA:
- 2022–2024: ≥ 1.5 million EUR
- Annual Equity-to-Asset Ratio:
- 2022–2024: range 0.3–0.45 times
TARGETED SPECIALIZED INDICATORS FOR THE PERIOD 2024–2026
- Annual Sales Revenue, million EUR:
- 2024: ≥ 8.07
- 2025: ≥ 9.15
- Labor Productivity (value added per employee per hour), in euros:
- 2024: ≥ 33.6
- 2025: ≥ 35.4
- Annual Processed (including outsourced) Performers Volume, in tons:
- 2024: ≥ 20,882
- 2025: ≥ 20,740
- Ratio of Produced to Consumed Electricity Quantity, %:
- 2024–2026: ≥ 125
- Waste Collection, in tons:
- 2024: ≥ 16,800
- 2025: ≥ 18,900
- Average Emission of Pollutants from Waste, % of the Limit:
- 2024–2026: ≤ 60
Management
- Arūnas DirvinskasChief Executive Officer
Information as of: 2024/03/01
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
- Agata ŠeporaitienėMinistry of the Economy and Innovation
Information as of: 2024/03/01