Kazlų Rūdos šilumos tinklai
UAB “Kazlų Rūdos šilumos tinklai” was established in 20th of November 2000. The main activity of the company – heating and hot water supply to customers according to the license, also – rent of the real estate owned, maintenance service of heating systems.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,056 | 2,199 | 2,613 | 2,811 |
| Cost of goods sold | 995 | 1,791 | 2,440 | 2,086 |
| Gross profit (loss) | 61 | 408 | 173 | 725 |
| Gross profit margin | 6% | 19% | 7% | 26% |
| Operating expenses | 180 | 429 | 429 | 515 |
| Operating profit (loss) | -148 | -88 | -319 | 138 |
| Operating profit margin | -14% | -4% | -12% | 5% |
| EBITDA | 44 | 164 | -29 | 416 |
| EBITDA margin | 4% | 7% | -1% | 15% |
| Net profit (loss) | -144 | -95 | -332 | 82 |
| Net profit margin | -14% | -4% | -13% | 3% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 10,496 | 10,256 | 9,484 | 6,151 |
| Intangible assets | 11 | 9 | 9 | 4 |
| Tangible assets | 10,479 | 10,242 | 9,468 | 6,141 |
| Financial assets | 6 | 6 | 6 | 6 |
| Other non-current assets | ||||
| Current assets | 650 | 838 | 1,038 | 890 |
| Inventories and prepaid expenses | 132 | 190 | 154 | 104 |
| Accounts receivable in one year | 339 | 463 | 593 | 469 |
| Other current assets | ||||
| Cash and cash equivalents | 179 | 184 | 290 | 317 |
| Total assets | 11,150 | 11,098 | 10,527 | 7,046 |
| Equity | 2,214 | 2,118 | 1,787 | 2,052 |
| Grants and subsidies | 7,863 | 7,470 | 6,931 | 3,518 |
| Liabilities | 1,074 | 1,510 | 1,809 | 1,477 |
| Financial liabilities | 524 | 880 | 996 | 955 |
| Long-term liabilities | 354 | 453 | 851 | 774 |
| Short-term liabilities | 720 | 1,057 | 958 | 703 |
| Equity and liabilities | 11,150 | 11,098 | 10,527 | 7,046 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | -1% | -3% | 1% |
| Return on equity (ROE) | -7% | -4% | -17% | 4% |
| Return on capital employed (ROCE) | -6% | -3% | -12% | 5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.05 | 0.08 | 0.09 | 0.14 |
| Current Ratio | 0.90 | 0.79 | 1.08 | 1.27 |
| Quick ratio | 0.72 | 0.61 | 0.92 | 1.12 |
| Turnover ratios | ||||
| Asset turnover | 0.09 | 0.20 | 0.25 | 0.40 |
| Fixed asset turnover | 0.10 | 0.21 | 0.28 | 0.46 |
| Equity turnover | 0.48 | 1.04 | 1.46 | 1.37 |
| Profitability ratios | ||||
| EBITDA margin | 4% | 7% | -1% | 15% |
| Operating profit margin | -14% | -4% | -12% | 5% |
| Net profit margin | -14% | -4% | -13% | 3% |
| 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 „Kazlų Rūdos šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code166092559
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionKazlų Rūda municipality
- Share belonging to the Municipal100%
ROE
4.3%
Number of employees
70
Financial data provided as at end-December 2023
Management
- Dijana MickevičienėChief Executive Officer
Information as of: 2024/06/14
