Alytaus šilumos tinklai
UAB Alytaus šilumos tinklai has been registered in Alytus city business register in Y1997. The main activity of the company is the rental of assets required for the supply and production of thermal energy
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 11,255 | 14,379 | 20,864 | 19,014 |
| Cost of goods sold | 9,294 | 12,218 | 19,080 | 16,508 |
| Gross profit (loss) | 1,961 | 2,161 | 1,784 | 2,506 |
| Gross profit margin | 17% | 15% | 9% | 13% |
| Operating expenses | 1,105 | 1,189 | 1,282 | 2,919 |
| Operating profit (loss) | 396 | 487 | -17 | -1,027 |
| Operating profit margin | 4% | 3% | -0% | -5% |
| EBITDA | 2,583 | 2,948 | 2,374 | 2,321 |
| EBITDA margin | 23% | 21% | 11% | 12% |
| Net profit (loss) | 579 | 796 | 328 | 1,975 |
| Net profit margin | 5% | 6% | 2% | 10% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 19,488 | 18,835 | 23,225 | 23,479 |
| Intangible assets | 115 | 112 | 86 | 49 |
| Tangible assets | 19,277 | 18,656 | 23,080 | 21,743 |
| Financial assets | 64 | 54 | 54 | 1,638 |
| Other non-current assets | 31 | 13 | 6 | 49 |
| Current assets | 4,240 | 7,554 | 7,005 | 4,789 |
| Inventories and prepaid expenses | 187 | 632 | 1,438 | 1,245 |
| Accounts receivable in one year | 2,070 | 3,525 | 4,886 | 3,224 |
| Other current assets | ||||
| Cash and cash equivalents | 1,983 | 3,398 | 681 | 320 |
| Total assets | 23,778 | 26,454 | 30,296 | 28,379 |
| Equity | 8,004 | 8,800 | 9,128 | 11,104 |
| Grants and subsidies | 277 | 397 | 370 | |
| Liabilities | 15,773 | 17,230 | 20,770 | 16,893 |
| Financial liabilities | 116 | 96 | 1,526 | 6,054 |
| Long-term liabilities | 14,247 | 14,227 | 15,657 | 12,886 |
| Short-term liabilities | 1,526 | 3,003 | 5,114 | 4,006 |
| Equity and liabilities | 23,778 | 26,454 | 30,296 | 28,379 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | 3% | 1% | 7% |
| Return on equity (ROE) | 7% | 9% | 4% | 20% |
| Return on capital employed (ROCE) | 2% | 2% | -0% | -4% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.05 | 0.21 |
| Current Ratio | 2.78 | 2.52 | 1.37 | 1.20 |
| Quick ratio | 2.66 | 2.31 | 1.09 | 0.88 |
| Turnover ratios | ||||
| Asset turnover | 0.47 | 0.54 | 0.69 | 0.67 |
| Fixed asset turnover | 0.58 | 0.76 | 0.90 | 0.81 |
| Equity turnover | 1.41 | 1.63 | 2.29 | 1.71 |
| Profitability ratios | ||||
| EBITDA margin | 23% | 21% | 11% | 12% |
| Operating profit margin | 4% | 3% | -0% | -5% |
| Net profit margin | 5% | 6% | 2% | 10% |
| Other ratios | ||||
| Dividends to the Municipality | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.00 | 0.00 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Alytaus šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code149947714
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionAlytus city municipality
- Share belonging to the Municipal98.6%
ROE
19.5%
Number of employees
92
Financial data provided as at end-December 2023
Management
- Mindaugas NevardauskasChief Executive Officer
Information as of: 2024/04/30
