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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 473 | 999 | 1,056 | 2,199 |
| Cost of goods sold | 508 | 781 | 995 | 1,791 |
| Gross profit (loss) | -35 | 218 | 61 | 408 |
| Gross profit margin | -7% | 22% | 6% | 19% |
| Operating expenses | 114 | 126 | 209 | 496 |
| Operating profit (loss) | -148 | 93 | -148 | -88 |
| Operating profit margin | -31% | 9% | -14% | -4% |
| EBITDA | 4 | 268 | 44 | 164 |
| EBITDA margin | 1% | 27% | 4% | 7% |
| Net profit (loss) | -361 | 86 | -144 | -95 |
| Net profit margin | -76% | 9% | -14% | -4% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 3,716 | 3,460 | 10,496 | 10,256 |
| Intangible assets | 9 | 4 | 11 | 9 |
| Tangible assets | 3,701 | 3,450 | 10,479 | 10,242 |
| Financial assets | 6 | 6 | 6 | 6 |
| Other non-current assets | ||||
| Current assets | 359 | 341 | 650 | 838 |
| Inventories and prepaid expenses | 48 | 47 | 132 | 190 |
| Accounts receivable in one year | 276 | 164 | 339 | 463 |
| Other current assets | ||||
| Cash and cash equivalents | 35 | 129 | 179 | 184 |
| Total assets | 4,076 | 3,802 | 11,150 | 11,098 |
| Equity | 2,046 | 2,132 | 2,214 | 2,118 |
| Grants and subsidies | 1,419 | 1,321 | 7,863 | 7,470 |
| Liabilities | 610 | 349 | 1,074 | 1,510 |
| Financial liabilities | 332 | 226 | 524 | 880 |
| Long-term liabilities | 225 | 102 | 354 | 453 |
| Short-term liabilities | 385 | 247 | 720 | 1,057 |
| Equity and liabilities | 4,076 | 3,802 | 11,150 | 11,098 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -9% | 2% | -2% | -1% |
| Return on equity (ROE) | -16% | 4% | -7% | -4% |
| Return on capital employed (ROCE) | -9% | 5% | -3% | -2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.16 | 0.11 | 0.24 | 0.42 |
| Current Ratio | 0.93 | 1.38 | 0.90 | 0.79 |
| Quick ratio | 0.81 | 1.19 | 0.72 | 0.61 |
| Turnover ratios | ||||
| Asset turnover | 0.12 | 0.25 | 0.14 | 0.20 |
| Fixed asset turnover | 0.13 | 0.28 | 0.15 | 0.21 |
| Equity turnover | 0.21 | 0.48 | 0.49 | 1.02 |
| Profitability ratios | ||||
| EBITDA margin | 1% | 27% | 4% | 7% |
| Operating profit margin | -31% | 9% | -14% | -4% |
| Net profit margin | -76% | 9% | -14% | -4% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
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
-4.4%
Number of employees
70
Financial data provided as at end-December 2021
