Jonavos šilumos tinklai
UAB “Jonavos šilumos tinklai” has been founded in 19th of August of Y1997. The main activity of the company – production of steam and hot water and centralized supply for consumers. Also company performs maintenance services for housing and other buildings hot water and heating systems
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 5,743 | 7,557 | 10,601 | 9,964 |
| Cost of goods sold | 5,041 | 6,667 | 10,046 | 8,973 |
| Gross profit (loss) | 702 | 890 | 555 | 991 |
| Gross profit margin | 12% | 12% | 5% | 10% |
| Operating expenses | 467 | 574 | 630 | 787 |
| Operating profit (loss) | 235 | 316 | -75 | 204 |
| Operating profit margin | 4% | 4% | -1% | 2% |
| EBITDA | 759 | 1,317 | 854 | 1,008 |
| EBITDA margin | 13% | 17% | 8% | 10% |
| Net profit (loss) | -180 | 407 | -15 | 203 |
| Net profit margin | -3% | 5% | -0% | 2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 8,161 | 7,643 | 6,853 | 6,284 |
| Intangible assets | 1 | 75 | 67 | 52 |
| Tangible assets | 8,154 | 7,562 | 6,781 | 6,226 |
| Financial assets | 6 | 6 | 6 | 6 |
| Other non-current assets | ||||
| Current assets | 1,710 | 2,831 | 3,757 | 2,770 |
| Inventories and prepaid expenses | 450 | 572 | 1,134 | 644 |
| Accounts receivable in one year | 1,129 | 1,627 | 2,480 | 1,682 |
| Other current assets | ||||
| Cash and cash equivalents | 131 | 632 | 142 | 444 |
| Total assets | 9,877 | 10,484 | 10,619 | 9,067 |
| Equity | 5,631 | 6,022 | 5,992 | 6,163 |
| Grants and subsidies | 2,202 | 2,133 | 1,817 | 1,588 |
| Liabilities | 2,019 | 2,307 | 2,786 | 1,315 |
| Financial liabilities | 1,553 | 1,010 | 885 | 309 |
| Long-term liabilities | 1,044 | 498 | 568 | 134 |
| Short-term liabilities | 975 | 1,809 | 2,218 | 1,182 |
| Equity and liabilities | 9,877 | 10,484 | 10,619 | 9,067 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | 4% | -0% | 2% |
| Return on equity (ROE) | -3% | 7% | -0% | 3% |
| Return on capital employed (ROCE) | 4% | 5% | -1% | 3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.16 | 0.10 | 0.08 | 0.03 |
| Current Ratio | 1.75 | 1.57 | 1.69 | 2.34 |
| Quick ratio | 1.29 | 1.25 | 1.18 | 1.80 |
| Turnover ratios | ||||
| Asset turnover | 0.58 | 0.72 | 1.00 | 1.10 |
| Fixed asset turnover | 0.70 | 0.99 | 1.55 | 1.59 |
| Equity turnover | 1.02 | 1.25 | 1.77 | 1.62 |
| Profitability ratios | ||||
| EBITDA margin | 13% | 17% | 8% | 10% |
| Operating profit margin | 4% | 4% | -1% | 2% |
| Net profit margin | -3% | 5% | -0% | 2% |
| 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 „Jonavos šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code156737189
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionJonava district municipality
- Share belonging to the Municipal100%
ROE
3.3%
Number of employees
95
Financial data provided as at end-December 2023
Management
- Jonas KaminskasChief Executive Officer
Information as of: 2024/04/30
