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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 3,536 | 3,553 | 4,614 | 6,820 |
| Cost of goods sold | 3,663 | 3,527 | 4,999 | 7,908 |
| Gross profit (loss) | -126 | 26 | -385 | -1,089 |
| Gross profit margin | -4% | 1% | -8% | -16% |
| Operating expenses | 525 | 551 | 622 | 763 |
| Operating profit (loss) | -651 | -525 | -1,007 | -1,851 |
| Operating profit margin | -18% | -15% | -22% | -27% |
| EBITDA | -124 | 14 | -351 | -1,101 |
| EBITDA margin | -4% | 0% | -8% | -16% |
| Net profit (loss) | -611 | -516 | -992 | -1,683 |
| Net profit margin | -17% | -15% | -21% | -25% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 15,324 | 15,686 | 15,819 | 17,064 |
| Intangible assets | 2 | 4 | 6 | 4 |
| Tangible assets | 15,318 | 15,678 | 15,809 | 17,057 |
| Financial assets | 4 | 4 | 4 | 4 |
| Other non-current assets | ||||
| Current assets | 857 | 1,033 | 1,431 | 1,758 |
| Inventories and prepaid expenses | 123 | 154 | 157 | 214 |
| Accounts receivable in one year | 344 | 415 | 759 | 814 |
| Other current assets | ||||
| Cash and cash equivalents | 389 | 464 | 515 | 730 |
| Total assets | 16,190 | 16,725 | 17,257 | 18,832 |
| Equity | 4,848 | 4,332 | 6,985 | 7,372 |
| Grants and subsidies | 9,022 | 8,442 | 7,846 | 7,102 |
| Liabilities | 2,320 | 3,951 | 2,426 | 4,357 |
| Financial liabilities | 17 | 5 | 0 | 349 |
| Long-term liabilities | 388 | 506 | 510 | 935 |
| Short-term liabilities | 1,932 | 3,445 | 1,917 | 3,422 |
| Equity and liabilities | 16,190 | 16,725 | 17,257 | 18,832 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -4% | -3% | -6% | -9% |
| Return on equity (ROE) | -16% | -11% | -18% | -23% |
| Return on capital employed (ROCE) | -12% | -11% | -13% | -22% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.02 |
| Current Ratio | 0.44 | 0.30 | 0.75 | 0.51 |
| Quick ratio | 0.38 | 0.26 | 0.66 | 0.45 |
| Turnover ratios | ||||
| Asset turnover | 0.22 | 0.21 | 0.27 | 0.36 |
| Fixed asset turnover | 0.23 | 0.23 | 0.29 | 0.40 |
| Equity turnover | 0.73 | 0.82 | 0.66 | 0.93 |
| Profitability ratios | ||||
| EBITDA margin | -4% | 0% | -8% | -16% |
| Operating profit margin | -18% | -15% | -22% | -27% |
| Net profit margin | -17% | -15% | -21% | -25% |
| 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 |
Financial statments
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
-23.4%
Number of employees
154
Financial data provided as at end-December 2022
Management
- Vladislav JedinskijChief Executive Officer
Information as of: 4/30/2023
