Lazdijų šiluma
UAB Lazdijų šiluma was established on August 17, 1997. Main activity of the company – supply of hot water to the households and businesses, maintenance of hot water meters and maintenance of internal heating and hot water systems.
Financial results
P/L Statment
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | 1,086 | 1,475 | 1,592 | 1,453 |
| Cost of goods sold | 956 | 1,301 | 1,271 | 1,186 |
| Gross profit (loss) | 131 | 174 | 321 | 267 |
| Gross profit margin | 12% | 12% | 20% | 18% |
| Operating expenses | 169 | 224 | 258 | 376 |
| Operating profit (loss) | -39 | -50 | 62 | -109 |
| Operating profit margin | -4% | -3% | 4% | -7% |
| EBITDA | 113 | 91 | 219 | 56 |
| EBITDA margin | 10% | 6% | 14% | 4% |
| Net profit (loss) | -63 | -79 | 12 | -158 |
| Net profit margin | -6% | -5% | 1% | -11% |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 2,883 | 2,705 | 2,594 | 2,571 |
| Intangible assets | 4 | 9 | 13 | |
| Tangible assets | 2,883 | 2,701 | 2,585 | 2,558 |
| Financial assets | 0 | 0 | ||
| Other non-current assets | 0 | 0 | ||
| Current assets | 411 | 627 | 504 | 492 |
| Inventories and prepaid expenses | 108 | 136 | 108 | 117 |
| Accounts receivable in one year | 241 | 340 | 289 | 295 |
| Other current assets | 0 | 0 | ||
| Cash and cash equivalents | 63 | 151 | 107 | 79 |
| Total assets | 3,297 | 3,334 | 3,099 | 3,071 |
| Equity | 909 | 828 | 857 | 699 |
| Grants and subsidies | 959 | 896 | 855 | 793 |
| Liabilities | 1,429 | 1,609 | 1,388 | 1,579 |
| Financial liabilities | 1,175 | 1,130 | 1,130 | 1,080 |
| Long-term liabilities | 1,109 | 1,130 | 972 | 1,010 |
| Short-term liabilities | 320 | 478 | 416 | 569 |
| Equity and liabilities | 3,297 | 3,333 | 3,099 | 3,071 |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -2% | -2% | 0% | -5% |
| Return on equity (ROE) | -7% | -9% | 1% | -20% |
| Return on capital employed (ROCE) | -2% | -3% | 3% | -6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.36 | 0.34 | 0.36 | 0.35 |
| Current Ratio | 1.29 | 1.31 | 1.21 | 0.86 |
| Quick ratio | 0.95 | 1.03 | 0.95 | 0.66 |
| Turnover ratios | ||||
| Asset turnover | 0.33 | 0.44 | 0.51 | 0.47 |
| Fixed asset turnover | 0.38 | 0.55 | 0.61 | 0.56 |
| Equity turnover | 1.20 | 1.78 | 1.86 | 2.08 |
| Profitability ratios | ||||
| EBITDA margin | 10% | 6% | 14% | 4% |
| Operating profit margin | -4% | -3% | 4% | -7% |
| Net profit margin | -6% | -5% | 1% | -11% |
| 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 „Lazdijų šiluma“
- Legal formPrivate limited liability company (UAB)
- Company code165219441
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionLazdijai district municipality
- Share belonging to the Municipal99.94%
- Contacts https://lazdijusiluma.lt/
ROE
-20.3%
Number of employees
35
Financial data provided as at end-December 2024
Management
- Sigitas NaruševičiusChief Executive Officer
Information as of: 2025/06/01
