• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 1,147 1,103 1,077 990
Cost of goods sold 905 1,042 974 908
Gross profit (loss) 242 61 103 82
Gross profit margin 21% 6% 10% 8%
Operating expenses 168 186 147 182
Operating profit (loss) 74 -125 -44 -100
Operating profit margin 6% -11% -4% -10%
EBITDA 312 243 187 63
EBITDA margin 27% 22% 17% 6%
Net profit (loss) 130 87 16 -101
Net profit margin 11% 8% 2% -10%

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 127

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 134

Balance sheet

2017 2018 2019 2020
Non-current assets 3,332 3,880 3,710 3,634
Intangible assets 0 7 5
Tangible assets 3,329 3,877 3,701 3,626
Financial assets 3 3 3 3
Other non-current assets
Current assets 1,654 1,415 1,452 1,407
Inventories and prepaid expenses 129 143 173 148
Accounts receivable in one year 184 251 188 197
Other current assets 700 500 400
Cash and cash equivalents 642 521 691 1,062
Total assets 4,989 5,297 5,165 5,043
Equity 4,051 4,138 4,054 3,895
Grants and subsidies 875 1,089 1,037 1,067
Liabilities 64 70 73 80
Financial liabilities
Long-term liabilities
Short-term liabilities 64 70 73 80
Equity and liabilities 4,989 5,297 5,165 5,043

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 234

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 241

Financial ratios

2018 2019 2020
Capital return ratios
Return on assets (ROA) 2% 0% -2%
Return on equity (ROE) 2% 0% -3%
Return on capital employed (ROCE) 3% 1% -4%
Capital structure and liquidity ratios
Debt / asset ratio (D/A)
Current Ratio 20.27 19.81 17.52
Quick ratio 18.22 17.45 15.67
Turnover ratios
Asset turnover 0.21 0.21 0.19
Fixed asset turnover 0.31 0.28 0.27
Equity turnover 0.27 0.26 0.25
Profitability ratios
EBITDA margin 22% 17% 6%
Operating profit margin -11% -4% -10%
Net profit margin 8% 2% -10%
Other ratios
Dividends to the Municipality 99.99 60.00
Dividends paid / net profit 1.15 3.68

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 376

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 383

Expectations of the municipal

About the company

  • Official nameUAB „Molėtų šiluma“
  • Legal formPrivate limited liability company (UAB)
  • Company code167610175
  • SectorHeating networks
  • Line of businessHeat networks
  • Representing institutionMolėtų rajono savivaldybė
  • Share belonging to the Municipal99.99%
https://www.moletusiluma.lt/
ROE

-2.5%

Number of employees

36

Financial data provided as at end-December 2019

Management

  • Rimantas GrainysDirector General

Information as of: 2021/06/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Steponas Šanteriovas

MEMBERS OF THE BOARD OF DIRECTORS

  • Rokas Baliukovas
  • Sabina Stokienė
  • Gintas Umbrasas
  • Rimantas Grainys

Information as of: 2021/06/01