Neringos energija
Financial results
P/L Statment
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Revenue | 656 | 655 | 636 | 577 |
| Cost of goods sold | 506 | 599 | 543 | 507 |
| Gross profit (loss) | 150 | 56 | 93 | 70 |
| Gross profit margin | 23% | 9% | 15% | 12% |
| Operating expenses | 146 | 135 | 118 | 97 |
| Operating profit (loss) | 4 | -79 | -26 | -27 |
| Operating profit margin | 1% | -12% | -4% | -5% |
| EBITDA | 65 | -16 | 12 | 22 |
| EBITDA margin | 10% | -2% | 2% | 4% |
| Net profit (loss) | 1 | -80 | -32 | -16 |
| Net profit margin | 0% | -12% | -5% | -3% |
Balance sheet
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Non-current assets | 888 | 786 | 714 | 765 |
| Intangible assets | 0 | 0 | ||
| Tangible assets | 887 | 785 | 713 | 764 |
| Financial assets | 1 | 1 | 1 | 1 |
| Other non-current assets | ||||
| Current assets | 273 | 293 | 288 | 241 |
| Inventories and prepaid expenses | 30 | 54 | 65 | 46 |
| Accounts receivable in one year | 56 | 119 | 62 | 93 |
| Other current assets | ||||
| Cash and cash equivalents | 187 | 120 | 160 | 102 |
| Total assets | 1,162 | 1,081 | 1,003 | 1,057 |
| Equity | 679 | 599 | 568 | 552 |
| Grants and subsidies | 410 | 412 | 370 | 444 |
| Liabilities | 47 | 69 | 66 | 61 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 47 | 69 | 66 | 61 |
| Equity and liabilities | 1,162 | 1,081 | 1,003 | 1,057 |
Financial ratios
| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Capital return ratios | |||
| Return on assets (ROA) | -7% | -3% | -2% |
| Return on equity (ROE) | -13% | -5% | -3% |
| Return on capital employed (ROCE) | -16% | -7% | -3% |
| Capital structure and liquidity ratios | |||
| Debt / asset ratio (D/A) | |||
| Current Ratio | 4.23 | 4.37 | 3.97 |
| Quick ratio | 3.45 | 3.38 | 3.22 |
| Turnover ratios | |||
| Asset turnover | 0.58 | 0.61 | 0.56 |
| Fixed asset turnover | 0.78 | 0.85 | 0.78 |
| Equity turnover | 1.02 | 1.09 | 1.03 |
| Profitability ratios | |||
| EBITDA margin | -2% | 2% | 4% |
| Operating profit margin | -12% | -4% | -5% |
| Net profit margin | -12% | -5% | -3% |
| Other ratios | |||
| Dividends to the Municipality | |||
| Dividends paid / net profit |
About the company
- Official nameUAB „Neringos energija“
- Legal formPrivate limited liability company (UAB)
- Company code152768582
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionNeringa municipality
- Share belonging to the Municipal99.99%
ROE
-2.8%
Number of employees
20
Financial data provided as at end-December 2019
Management
- Edvinas DargisDirector General
Information as of: 2021/06/01
