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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 999 | 1,056 | 2,199 | 2,613 |
| Cost of goods sold | 781 | 995 | 1,791 | 2,440 |
| Gross profit (loss) | 218 | 61 | 408 | 173 |
| Gross profit margin | 22% | 6% | 19% | 7% |
| Operating expenses | 105 | 180 | 429 | 429 |
| Operating profit (loss) | 93 | -148 | -88 | -319 |
| Operating profit margin | 9% | -14% | -4% | -12% |
| EBITDA | 268 | 44 | 164 | -29 |
| EBITDA margin | 27% | 4% | 7% | -1% |
| Net profit (loss) | 86 | -144 | -95 | -332 |
| Net profit margin | 9% | -14% | -4% | -13% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 3,460 | 10,496 | 10,256 | 9,484 |
| Intangible assets | 4 | 11 | 9 | 9 |
| Tangible assets | 3,450 | 10,479 | 10,242 | 9,468 |
| Financial assets | 6 | 6 | 6 | 6 |
| Other non-current assets | 0 | |||
| Current assets | 341 | 650 | 838 | 1,038 |
| Inventories and prepaid expenses | 47 | 132 | 190 | 154 |
| Accounts receivable in one year | 164 | 339 | 463 | 593 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 129 | 179 | 184 | 290 |
| Total assets | 3,802 | 11,150 | 11,098 | 10,527 |
| Equity | 2,132 | 2,214 | 2,118 | 1,787 |
| Grants and subsidies | 1,321 | 7,863 | 7,470 | 6,931 |
| Liabilities | 349 | 1,074 | 1,510 | 1,809 |
| Financial liabilities | 226 | 524 | 880 | 996 |
| Long-term liabilities | 102 | 354 | 453 | 851 |
| Short-term liabilities | 247 | 720 | 1,057 | 958 |
| Equity and liabilities | 3,802 | 11,150 | 11,098 | 10,527 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | -2% | -1% | -3% |
| Return on equity (ROE) | 4% | -7% | -4% | -17% |
| Return on capital employed (ROCE) | 4% | -6% | -3% | -12% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.06 | 0.05 | 0.08 | 0.09 |
| Current Ratio | 1.38 | 0.90 | 0.79 | 1.08 |
| Quick ratio | 1.19 | 0.72 | 0.61 | 0.92 |
| Turnover ratios | ||||
| Asset turnover | 0.26 | 0.09 | 0.20 | 0.25 |
| Fixed asset turnover | 0.29 | 0.10 | 0.21 | 0.28 |
| Equity turnover | 0.47 | 0.48 | 1.04 | 1.46 |
| Profitability ratios | ||||
| EBITDA margin | 27% | 4% | 7% | -1% |
| Operating profit margin | 9% | -14% | -4% | -12% |
| Net profit margin | 9% | -14% | -4% | -13% |
| 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 „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
-17.0%
Number of employees
69
Financial data provided as at end-December 2022
