Nemenčinės komunalininkas
AB Vilniaus rajono šilumos tinklai was registered as a special purpose company on August 5, 1997 and re-registered as UAB Vilniaus rajono šilumos tinklai on May 28, 2003. On October 16, 2008 it was re-registered as UAB Nemenčinės komunalininkas. The main activities of the company are the supply of steam, cold water, sewage and waste disposal.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 3,553 | 4,614 | 6,820 | 6,144 |
| Cost of goods sold | 3,527 | 4,999 | 7,908 | 6,654 |
| Gross profit (loss) | 26 | -385 | -1,089 | -510 |
| Gross profit margin | 1% | -8% | -16% | -8% |
| Operating expenses | 551 | 622 | 785 | 951 |
| Operating profit (loss) | -525 | -1,007 | -1,873 | -1,461 |
| Operating profit margin | -15% | -22% | -27% | -24% |
| EBITDA | 14 | -351 | -1,101 | -403 |
| EBITDA margin | 0% | -8% | -16% | -7% |
| Net profit (loss) | -516 | -992 | -1,683 | -1,297 |
| Net profit margin | -15% | -21% | -25% | -21% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 15,686 | 15,819 | 17,064 | 19,106 |
| Intangible assets | 4 | 6 | 4 | 1 |
| Tangible assets | 15,678 | 15,809 | 17,057 | 19,101 |
| Financial assets | 4 | 4 | 4 | 4 |
| Other non-current assets | ||||
| Current assets | 1,033 | 1,431 | 1,758 | 1,315 |
| Inventories and prepaid expenses | 154 | 157 | 214 | 157 |
| Accounts receivable in one year | 415 | 759 | 814 | 499 |
| Other current assets | ||||
| Cash and cash equivalents | 464 | 515 | 730 | 658 |
| Total assets | 16,725 | 17,257 | 18,832 | 20,433 |
| Equity | 4,332 | 6,985 | 7,372 | 8,461 |
| Grants and subsidies | 8,442 | 7,846 | 7,102 | 6,540 |
| Liabilities | 3,951 | 2,426 | 4,357 | 5,423 |
| Financial liabilities | 0 | 0 | 349 | 1,126 |
| Long-term liabilities | 506 | 510 | 935 | 1,771 |
| Short-term liabilities | 3,445 | 1,917 | 3,422 | 3,652 |
| Equity and liabilities | 16,725 | 17,257 | 18,832 | 20,433 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -3% | -6% | -9% | -7% |
| Return on equity (ROE) | -11% | -18% | -23% | -16% |
| Return on capital employed (ROCE) | -11% | -13% | -23% | -14% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.02 | 0.06 |
| Current Ratio | 0.30 | 0.75 | 0.51 | 0.36 |
| Quick ratio | 0.26 | 0.66 | 0.45 | 0.32 |
| Turnover ratios | ||||
| Asset turnover | 0.21 | 0.27 | 0.36 | 0.30 |
| Fixed asset turnover | 0.23 | 0.29 | 0.40 | 0.32 |
| Equity turnover | 0.82 | 0.66 | 0.93 | 0.73 |
| Profitability ratios | ||||
| EBITDA margin | 0% | -8% | -16% | -7% |
| Operating profit margin | -15% | -22% | -27% | -24% |
| Net profit margin | -15% | -21% | -25% | -21% |
| 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 „Nemenčinės komunalininkas“
- Legal formPrivate limited liability company (UAB)
- Company code186442084
- SectorOther
- Line of businessUtilities
- Representing institutionVilnius district municipality
- Share indirectly belonging to the Municipal0%
ROE
-16.4%
Number of employees
147
Financial data provided as at end-December 2023
Management
- Leonard PavliunChief Executive Officer
Information as of: 2024/04/30
