• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 350 356 352 345
Cost of goods sold 266 272 261 247
Gross profit (loss) 84 84 90 98
Gross profit margin 24% 24% 26% 28%
Operating expenses 40 51 53 65
Operating profit (loss) 44 33 38 33
Operating profit margin 13% 9% 11% 10%
EBITDA 285 274 266 250
EBITDA margin 81% 77% 76% 72%
Net profit (loss) 59 47 49 39
Net profit margin 17% 13% 14% 11%

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 127

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 134

Balance sheet

2017 2018 2019 2020
Non-current assets 2,196 1,972 2,019 1,993
Intangible assets 0 0 0 0
Tangible assets 2,187 1,963 2,010 1,984
Financial assets 9 9 9 9
Other non-current assets
Current assets 96 107 116 117
Inventories and prepaid expenses 5 5 5 4
Accounts receivable in one year 15 16 16 30
Other current assets
Cash and cash equivalents 77 85 95 82
Total assets 2,293 2,079 2,136 2,111
Equity 1,190 1,237 1,286 1,325
Grants and subsidies
Liabilities 391 223 277 258
Financial liabilities
Long-term liabilities 156 29 6
Short-term liabilities 235 223 248 252
Equity and liabilities 2,293 2,079 2,136 2,111

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 234

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 241

Financial ratios

2017 2018 2019 2020
Capital return ratios
Return on assets (ROA) 14% 2% 2% 2%
Return on equity (ROE) 15% 4% 4% 3%
Return on capital employed (ROCE) 34% 6% 6% 5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 9.46 0.48 0.47 0.46
Quick ratio 4.37 0.46 0.45 0.44
Turnover ratios
Asset turnover 0.85 0.16 0.17 0.16
Fixed asset turnover 1.72 0.17 0.18 0.17
Equity turnover 0.92 0.29 0.28 0.26
Profitability ratios
EBITDA margin 25% 77% 76% 72%
Operating profit margin 19% 9% 11% 10%
Net profit margin 16% 13% 14% 11%
Other ratios
Dividends to the Municipality 517.13
Dividends paid / net profit 0.55

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 376

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 383

Expectations of the municipal

About the company

  • Official nameAB „Druskininkų šilumos tinklai“
  • Legal formPublic limited liability company (AB)
  • Company code152003098
  • SectorHeating networks
  • Line of businessHeat networks
  • Representing institutionDruskininkai municipality
  • Share belonging to the Municipal97.6%
http://www.druskininkust.lt/
ROE

3.0%

Number of employees

2

Financial data provided as at end-December 2019

Management

  • Alvydas KarlonasDirector General

Information as of: 2021/06/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Renaldas Viščinis

MEMBERS OF THE BOARD OF DIRECTORS

  • Joana Verbickienė
  • Albinas Žaliaduonis
  • Kristina Šanturova
  • Akvilė Povilanskaitė
  • Mindaugas Jaskelevičius

Information as of: 2021/06/01