Anykščių šiluma
The production association of Anykščiai region was established in 1979 and later renamed as UAB “Anykščių šiluma”. The main activity of the company is production and supply of heating energy for consumers, supply of hot water, maintenance of heating and hot water systems as well as service of hot water metering devices.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,950 | 2,410 | 3,300 | 3,315 |
| Cost of goods sold | 1,614 | 2,039 | 3,030 | 2,945 |
| Gross profit (loss) | 336 | 372 | 270 | 371 |
| Gross profit margin | 17% | 15% | 8% | 11% |
| Operating expenses | 359 | 352 | 305 | 317 |
| Operating profit (loss) | -73 | -39 | -93 | -6 |
| Operating profit margin | -4% | -2% | -3% | -0% |
| EBITDA | 392 | 414 | 360 | 330 |
| EBITDA margin | 20% | 17% | 11% | 10% |
| Net profit (loss) | -76 | -37 | -90 | -3 |
| Net profit margin | -4% | -2% | -3% | -0% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 5,743 | 5,335 | 5,057 | 4,757 |
| Intangible assets | 7 | 2 | 0 | |
| Tangible assets | 5,736 | 5,333 | 5,057 | 4,757 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 868 | 1,098 | 1,388 | 965 |
| Inventories and prepaid expenses | 166 | 138 | 362 | 268 |
| Accounts receivable in one year | 320 | 445 | 616 | 433 |
| Other current assets | ||||
| Cash and cash equivalents | 383 | 515 | 411 | 265 |
| Total assets | 6,618 | 6,432 | 6,450 | 5,729 |
| Equity | 2,278 | 2,241 | 2,201 | 2,348 |
| Grants and subsidies | 1,176 | 1,035 | 893 | 756 |
| Liabilities | 3,164 | 3,157 | 3,356 | 2,625 |
| Financial liabilities | 2,947 | 2,733 | 2,577 | 2,307 |
| Long-term liabilities | 2,787 | 2,573 | 2,360 | 2,147 |
| Short-term liabilities | 377 | 583 | 996 | 478 |
| Equity and liabilities | 6,618 | 6,432 | 6,450 | 5,729 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -1% | -1% | -0% |
| Return on equity (ROE) | -3% | -2% | -4% | -0% |
| Return on capital employed (ROCE) | -1% | -1% | -2% | -0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.45 | 0.42 | 0.40 | 0.40 |
| Current Ratio | 2.30 | 1.88 | 1.39 | 2.02 |
| Quick ratio | 1.86 | 1.65 | 1.03 | 1.46 |
| Turnover ratios | ||||
| Asset turnover | 0.29 | 0.37 | 0.51 | 0.58 |
| Fixed asset turnover | 0.34 | 0.45 | 0.65 | 0.70 |
| Equity turnover | 0.86 | 1.08 | 1.50 | 1.41 |
| Profitability ratios | ||||
| EBITDA margin | 20% | 17% | 11% | 10% |
| Operating profit margin | -4% | -2% | -3% | -0% |
| Net profit margin | -4% | -2% | -3% | -0% |
| 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 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Anykščių šiluma“
- Legal formPrivate limited liability company (UAB)
- Company code154112751
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionAnykščiai district municipality
- Share belonging to the Municipal98.8%
ROE
-0.1%
Number of employees
36
Financial data provided as at end-December 2023
Management
- Dainius ŠiaučiulisChief Executive Officer
Information as of: 2024/06/14
