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
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 838 | 1,086 | 1,475 | 1,592 |
| Cost of goods sold | 822 | 956 | 1,301 | 1,271 |
| Gross profit (loss) | 16 | 131 | 174 | 321 |
| Gross profit margin | 2% | 12% | 12% | 20% |
| Operating expenses | 182 | 169 | 224 | 258 |
| Operating profit (loss) | -166 | -39 | -50 | 62 |
| Operating profit margin | -20% | -4% | -3% | 4% |
| EBITDA | -10 | 113 | 91 | 275 |
| EBITDA margin | -1% | 10% | 6% | 17% |
| Net profit (loss) | -186 | -63 | -79 | 12 |
| Net profit margin | -22% | -6% | -5% | 1% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 3,089 | 2,883 | 2,705 | 2,594 |
| Intangible assets | 4 | 9 | ||
| Tangible assets | 3,089 | 2,883 | 2,701 | 2,585 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 333 | 411 | 627 | 504 |
| Inventories and prepaid expenses | 96 | 108 | 136 | 108 |
| Accounts receivable in one year | 185 | 241 | 340 | 289 |
| Other current assets | ||||
| Cash and cash equivalents | 51 | 63 | 151 | 107 |
| Total assets | 3,427 | 3,297 | 3,334 | 3,099 |
| Equity | 972 | 909 | 828 | 857 |
| Grants and subsidies | 1,024 | 959 | 896 | 854 |
| Liabilities | 1,431 | 1,429 | 1,609 | 1,388 |
| Financial liabilities | 1,240 | 1,175 | 1,130 | 972 |
| Long-term liabilities | 1,175 | 1,109 | 1,130 | 972 |
| Short-term liabilities | 256 | 320 | 478 | 416 |
| Equity and liabilities | 3,427 | 3,297 | 3,333 | 3,099 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -5% | -2% | -2% | 0% |
| Return on equity (ROE) | -17% | -7% | -9% | 1% |
| Return on capital employed (ROCE) | -8% | -2% | -3% | 3% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.36 | 0.36 | 0.34 | 0.31 |
| Current Ratio | 1.30 | 1.29 | 1.31 | 1.21 |
| Quick ratio | 0.92 | 0.95 | 1.03 | 0.95 |
| Turnover ratios | ||||
| Asset turnover | 0.24 | 0.33 | 0.44 | 0.51 |
| Fixed asset turnover | 0.27 | 0.38 | 0.55 | 0.61 |
| Equity turnover | 0.86 | 1.20 | 1.78 | 1.86 |
| Profitability ratios | ||||
| EBITDA margin | -1% | 10% | 6% | 17% |
| Operating profit margin | -20% | -4% | -3% | 4% |
| Net profit margin | -22% | -6% | -5% | 1% |
| 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
1.4%
Number of employees
38
Financial data provided as at end-December 2023
Management
- Remigijus Aleksandras ViniarskasChief Executive Officer
Information as of: 2024/04/30
