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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 636 | 577 | 723 | 743 |
Cost of goods sold | 543 | 507 | 343 | 508 |
Gross profit (loss) | 93 | 70 | 381 | 236 |
Gross profit margin | 15% | 12% | 53% | 32% |
Operating expenses | 22 | 9 | 83 | 101 |
Operating profit (loss) | -26 | -27 | 48 | -124 |
Operating profit margin | -4% | -5% | 7% | -17% |
EBITDA | 12 | 22 | 90 | -82 |
EBITDA margin | 2% | 4% | 12% | -11% |
Net profit (loss) | -32 | -16 | 65 | -114 |
Net profit margin | -5% | -3% | 9% | -15% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 714 | 765 | 690 | 642 |
Intangible assets | 0 | 0 | 0 | 0 |
Tangible assets | 713 | 764 | 689 | 640 |
Financial assets | 1 | 1 | 1 | 1 |
Other non-current assets | ||||
Current assets | 288 | 255 | 342 | 331 |
Inventories and prepaid expenses | 65 | 46 | 53 | 97 |
Accounts receivable in one year | 62 | 107 | 134 | 182 |
Other current assets | ||||
Cash and cash equivalents | 160 | 102 | 155 | 52 |
Total assets | 1,003 | 1,025 | 1,036 | 976 |
Equity | 568 | 552 | 617 | 503 |
Grants and subsidies | 370 | 399 | 336 | 330 |
Liabilities | 66 | 75 | 83 | 144 |
Financial liabilities | 0 | 0 | 0 | 0 |
Long-term liabilities | ||||
Short-term liabilities | 66 | 75 | 83 | 144 |
Equity and liabilities | 1,003 | 1,025 | 1,036 | 976 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | -3% | -2% | 6% | -11% |
Return on equity (ROE) | -5% | -3% | 11% | -20% |
Return on capital employed (ROCE) | -4% | -5% | 8% | -25% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
Current Ratio | 4.37 | 3.42 | 4.12 | 2.30 |
Quick ratio | 3.38 | 2.80 | 3.48 | 1.62 |
Turnover ratios | ||||
Asset turnover | 0.63 | 0.56 | 0.70 | 0.76 |
Fixed asset turnover | 0.89 | 0.75 | 1.05 | 1.16 |
Equity turnover | 1.12 | 1.05 | 1.17 | 1.48 |
Profitability ratios | ||||
EBITDA margin | 2% | 4% | 12% | -11% |
Operating profit margin | -4% | -5% | 7% | -17% |
Net profit margin | -5% | -3% | 9% | -15% |
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 „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
-20.3%
Number of employees
18
Financial data provided as at end-December 2022
Management
- Edvinas DargisChief Executive Officer
Information as of: 2023/04/30