Neringos energija
UAB Neringos energija was established in 1998. Company is a main heating provider in city of Neringa. Main activity of the company – production and supply of heating and hot water.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 743 | 919 | 802 | 833 |
| Cost of goods sold | 508 | 523 | 396 | 443 |
| Gross profit (loss) | 236 | 395 | 406 | 389 |
| Gross profit margin | 32% | 43% | 51% | 47% |
| Operating expenses | 101 | 114 | 119 | 137 |
| Operating profit (loss) | -124 | -2 | 8 | -35 |
| Operating profit margin | -17% | -0% | 1% | -4% |
| EBITDA | -82 | 33 | 28 | -9 |
| EBITDA margin | -11% | 4% | 3% | -1% |
| Net profit (loss) | -114 | 3 | 1 | -46 |
| Net profit margin | -15% | 0% | 0% | -6% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 653 | 1,112 | 1,099 | 1,036 |
| Intangible assets | 0 | 0 | 0 | 0 |
| Tangible assets | 652 | 1,110 | 1,097 | 1,034 |
| Financial assets | 1 | 1 | 1 | 1 |
| Other non-current assets | ||||
| Current assets | 320 | 426 | 393 | 360 |
| Inventories and prepaid expenses | 86 | 85 | 88 | 71 |
| Accounts receivable in one year | 182 | 165 | 148 | 137 |
| Other current assets | ||||
| Cash and cash equivalents | 52 | 176 | 157 | 152 |
| Total assets | 976 | 1,542 | 1,494 | 1,398 |
| Equity | 503 | 620 | 621 | 575 |
| Grants and subsidies | 330 | 845 | 797 | 738 |
| Liabilities | 144 | 77 | 76 | 85 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 144 | 77 | 76 | 85 |
| Equity and liabilities | 976 | 1,542 | 1,494 | 1,398 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -11% | 0% | 0% | -3% |
| Return on equity (ROE) | -20% | 1% | 0% | -8% |
| Return on capital employed (ROCE) | -25% | -0% | 1% | -6% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 2.22 | 5.50 | 5.18 | 4.24 |
| Quick ratio | 1.62 | 4.41 | 4.01 | 3.40 |
| Turnover ratios | ||||
| Asset turnover | 0.76 | 0.60 | 0.54 | 0.60 |
| Fixed asset turnover | 1.14 | 0.83 | 0.73 | 0.80 |
| Equity turnover | 1.48 | 1.48 | 1.29 | 1.45 |
| Profitability ratios | ||||
| EBITDA margin | -11% | 4% | 3% | -1% |
| Operating profit margin | -17% | -0% | 1% | -4% |
| Net profit margin | -15% | 0% | 0% | -6% |
| 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 „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%
- Contacts https://neringosenergija.lt/
ROE
-7.7%
Number of employees
16
Financial data provided as at end-December 2024
Management
- Edvinas DargisChief Executive Officer
Information as of: 2026-06-01
