Klaipėdos rajono energija
UAB Klaipėdos rajono energija was established in 2012. The main activity is heat supply. Other activities – surface wastewater manager in Klaipėda district municipality, since 2021. the company starts additional environmental maintenance activities.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 119 | 274 | 652 | 837 |
| Cost of goods sold | 52 | 134 | 261 | 172 |
| Gross profit (loss) | 67 | 140 | 391 | 665 |
| Gross profit margin | 56% | 51% | 60% | 79% |
| Operating expenses | 18 | 46 | 68 | 99 |
| Operating profit (loss) | -31 | -38 | 46 | 66 |
| Operating profit margin | -26% | -14% | 7% | 8% |
| EBITDA | 8 | -14 | 109 | 133 |
| EBITDA margin | 6% | -5% | 17% | 16% |
| Net profit (loss) | -27 | -39 | 37 | 58 |
| Net profit margin | -23% | -14% | 6% | 7% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 321 | 359 | 358 | 482 |
| Intangible assets | 1 | 0 | 0 | |
| Tangible assets | 321 | 358 | 357 | 482 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 82 | 68 | 114 | 81 |
| Inventories and prepaid expenses | 0 | 1 | 0 | 4 |
| Accounts receivable in one year | 11 | 46 | 78 | 75 |
| Other current assets | ||||
| Cash and cash equivalents | 71 | 21 | 35 | 2 |
| Total assets | 403 | 428 | 473 | 567 |
| Equity | 102 | 63 | 100 | 213 |
| Grants and subsidies | 273 | 261 | 225 | 210 |
| Liabilities | 28 | 101 | 145 | 141 |
| Financial liabilities | 16 | 54 | 73 | 101 |
| Long-term liabilities | 13 | 36 | 52 | 66 |
| Short-term liabilities | 15 | 65 | 93 | 74 |
| Equity and liabilities | 403 | 428 | 473 | 567 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -7% | -9% | 8% | 11% |
| Return on equity (ROE) | -31% | -47% | 45% | 37% |
| Return on capital employed (ROCE) | -27% | -39% | 30% | 23% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.04 | 0.13 | 0.15 | 0.18 |
| Current Ratio | 5.41 | 1.05 | 1.22 | 1.09 |
| Quick ratio | 5.41 | 1.04 | 1.22 | 1.04 |
| Turnover ratios | ||||
| Asset turnover | 0.30 | 0.64 | 1.38 | 1.48 |
| Fixed asset turnover | 0.37 | 0.76 | 1.82 | 1.73 |
| Equity turnover | 1.17 | 4.34 | 6.54 | 3.93 |
| Profitability ratios | ||||
| EBITDA margin | 6% | -5% | 17% | 16% |
| Operating profit margin | -26% | -14% | 7% | 8% |
| Net profit margin | -23% | -14% | 6% | 7% |
| 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 „Klaipėdos rajono energija“
- Legal formPrivate limited liability company (UAB)
- Company code302827126
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionKlaipėda district municipality
- Share belonging to the Municipal100%
- Contacts https://klaipedosrajonoenergija.lt/
ROE
37.4%
Number of employees
18
Financial data provided as at end-December 2023
Management
- Marius ŽiliusChief Executive Officer
Information as of: 2024/06/14
