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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 655 | 636 | 577 | 723 |
| Cost of goods sold | 599 | 543 | 507 | 343 |
| Gross profit (loss) | 56 | 93 | 70 | 381 |
| Gross profit margin | 9% | 15% | 12% | 53% |
| Operating expenses | 135 | 118 | 97 | 333 |
| Operating profit (loss) | -79 | -26 | -27 | 48 |
| Operating profit margin | -12% | -4% | -5% | 7% |
| EBITDA | -16 | 12 | 22 | 90 |
| EBITDA margin | -2% | 2% | 4% | 12% |
| Net profit (loss) | -80 | -32 | -16 | 65 |
| Net profit margin | -12% | -5% | -3% | 9% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 786 | 714 | 765 | 690 |
| Intangible assets | 0 | 0 | 0 | |
| Tangible assets | 785 | 713 | 764 | 689 |
| Financial assets | 1 | 1 | 1 | 1 |
| Other non-current assets | ||||
| Current assets | 293 | 288 | 255 | 342 |
| Inventories and prepaid expenses | 54 | 65 | 46 | 53 |
| Accounts receivable in one year | 119 | 62 | 107 | 134 |
| Other current assets | ||||
| Cash and cash equivalents | 120 | 160 | 102 | 155 |
| Total assets | 1,081 | 1,003 | 1,025 | 1,036 |
| Equity | 599 | 568 | 552 | 617 |
| Grants and subsidies | 412 | 370 | 399 | 336 |
| Liabilities | 69 | 66 | 75 | 83 |
| Financial liabilities | ||||
| Long-term liabilities | ||||
| Short-term liabilities | 69 | 66 | 75 | 83 |
| Equity and liabilities | 1,081 | 1,003 | 1,025 | 1,036 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -7% | -3% | -2% | 6% |
| Return on equity (ROE) | -13% | -5% | -3% | 11% |
| Return on capital employed (ROCE) | -16% | -7% | -3% | 14% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | ||||
| Current Ratio | 4.23 | 4.37 | 3.42 | 4.12 |
| Quick ratio | 3.45 | 3.38 | 2.80 | 3.48 |
| Turnover ratios | ||||
| Asset turnover | 0.58 | 0.61 | 0.57 | 0.70 |
| Fixed asset turnover | 0.78 | 0.85 | 0.78 | 0.99 |
| Equity turnover | 1.02 | 1.09 | 1.03 | 1.24 |
| Profitability ratios | ||||
| EBITDA margin | -2% | 2% | 4% | 12% |
| Operating profit margin | -12% | -4% | -5% | 7% |
| Net profit margin | -12% | -5% | -3% | 9% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
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
11.1%
Number of employees
18
Financial data provided as at end-December 2021
