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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 956 | 929 | 838 | 1,086 |
Cost of goods sold | 845 | 868 | 822 | 956 |
Gross profit (loss) | 111 | 61 | 16 | 131 |
Gross profit margin | 12% | 7% | 2% | 12% |
Operating expenses | 158 | 180 | 182 | 169 |
Operating profit (loss) | -47 | -120 | -166 | -39 |
Operating profit margin | -5% | -13% | -20% | -4% |
EBITDA | 73 | 3 | -10 | 113 |
EBITDA margin | 8% | 0% | -1% | 10% |
Net profit (loss) | -25 | -109 | -186 | -63 |
Net profit margin | -3% | -12% | -22% | -6% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 2,208 | 3,258 | 3,089 | 2,883 |
Intangible assets | 8 | 1 | ||
Tangible assets | 2,201 | 3,257 | 3,089 | 2,883 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 403 | 377 | 333 | 411 |
Inventories and prepaid expenses | 134 | 116 | 96 | 108 |
Accounts receivable in one year | 201 | 165 | 185 | 241 |
Other current assets | ||||
Cash and cash equivalents | 69 | 97 | 51 | 63 |
Total assets | 2,621 | 3,642 | 3,427 | 3,297 |
Equity | 1,266 | 1,158 | 972 | 909 |
Grants and subsidies | 791 | 1,070 | 1,024 | 959 |
Liabilities | 564 | 1,414 | 1,431 | 1,429 |
Financial liabilities | 318 | 1,239 | 1,240 | 1,175 |
Long-term liabilities | 265 | 1,180 | 1,175 | 1,109 |
Short-term liabilities | 299 | 234 | 256 | 320 |
Equity and liabilities | 2,621 | 3,642 | 3,427 | 3,297 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | -1% | -3% | -5% | -2% |
Return on equity (ROE) | -2% | -9% | -17% | -7% |
Return on capital employed (ROCE) | -2% | -6% | -10% | -2% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.25 | 1.07 | 1.28 | 1.29 |
Current Ratio | 1.35 | 1.61 | 1.30 | 1.29 |
Quick ratio | 0.90 | 1.12 | 0.92 | 0.95 |
Turnover ratios | ||||
Asset turnover | 0.37 | 0.30 | 0.24 | 0.32 |
Fixed asset turnover | 0.43 | 0.34 | 0.26 | 0.36 |
Equity turnover | 0.75 | 0.77 | 0.79 | 1.16 |
Profitability ratios | ||||
EBITDA margin | 8% | 0% | -1% | 10% |
Operating profit margin | -5% | -13% | -20% | -4% |
Net profit margin | -3% | -12% | -22% | -6% |
Other ratios | ||||
Dividends to the Municipality | ||||
Dividends paid / net profit |
Financial statments
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 Municipal99.92%
ROE
-6.7%
Number of employees
36
Financial data provided as at end-December 2021