GO Energy LT
March 22, 2013 UAB Kauno Energija NT was established in 2020. July 21 renamed to UAB GO Energy LT. In addition to the main activities related to real estate management, energy activities and the implementation of energy projects and consultations were included in the list of activities in 2020.
Financial results
P/L Statment
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 125 | 126 | 115 | 737 |
| Cost of goods sold | 52 | 51 | 30 | 510 |
| Gross profit (loss) | 74 | 75 | 86 | 227 |
| Gross profit margin | 59% | 59% | 74% | 31% |
| Operating expenses | 95 | 72 | 72 | 97 |
| Operating profit (loss) | -21 | 2 | 14 | 130 |
| Operating profit margin | -17% | 2% | 12% | 18% |
| EBITDA | 10 | 33 | 44 | 168 |
| EBITDA margin | 8% | 26% | 38% | 23% |
| Net profit (loss) | -21 | 3 | 13 | 111 |
| Net profit margin | -17% | 2% | 12% | 15% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 1,117 | 1,087 | 1,057 | 1,601 |
| Intangible assets | 0 | 0 | ||
| Tangible assets | 1,117 | 1,087 | 1,057 | 1,451 |
| Financial assets | ||||
| Other non-current assets | 150 | |||
| Current assets | 31 | 58 | 93 | 1,214 |
| Inventories and prepaid expenses | 25 | 321 | ||
| Accounts receivable in one year | 19 | 14 | 22 | 139 |
| Other current assets | ||||
| Cash and cash equivalents | 12 | 44 | 47 | 755 |
| Total assets | 1,148 | 1,144 | 1,150 | 3,063 |
| Equity | 1,066 | 1,063 | 1,077 | 2,621 |
| Grants and subsidies | ||||
| Liabilities | 73 | 68 | 62 | 426 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 71 | 65 | 59 | 423 |
| Equity and liabilities | 1,148 | 1,144 | 1,150 | 3,063 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | 0% | 1% | 5% |
| Return on equity (ROE) | -2% | 0% | 1% | 6% |
| Return on capital employed (ROCE) | -4% | 0% | 3% | 10% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 0.43 | 0.88 | 1.59 | 2.87 |
| Quick ratio | 0.43 | 0.88 | 1.17 | 2.11 |
| Turnover ratios | ||||
| Asset turnover | 0.11 | 0.11 | 0.10 | 0.35 |
| Fixed asset turnover | 0.11 | 0.11 | 0.11 | 0.55 |
| Equity turnover | 0.12 | 0.12 | 0.11 | 0.40 |
| Profitability ratios | ||||
| EBITDA margin | 8% | 26% | 38% | 23% |
| Operating profit margin | -17% | 2% | 12% | 18% |
| Net profit margin | -17% | 2% | 12% | 15% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
About the company
- Official nameUAB „GO Energy LT“
- Legal formPrivate limited liability company (UAB)
- Company code303042623
- SectorHeating networks
- Line of businessReal estate development, management, rent, purchase-sale
- Representing institution„Kauno energija“
- Share indirectly belonging to the Municipal100%
ROE
6.0%
Number of employees
23
Financial data provided as at end-December 2021
