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Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

UAB Pakruojo šiluma was established on May 31, 1999, after reorganization of SP AB Šiaulių energija. On December 8, 1999 the company was transformed from special purpose limited company to private limited company. Main activity of the company – supply of hot water and heating and provision of other utilities.

Financial results

P/L Statment

2018 2019 2020 2021
Revenue 928 878 872 1,131
Cost of goods sold 813 775 779 1,001
Gross profit (loss) 115 103 93 131
Gross profit margin 12% 12% 11% 12%
Operating expenses 109 105 123 127
Operating profit (loss) 6 -2 -30 4
Operating profit margin 1% -0% -3% 0%
EBITDA 181 155 131 180
EBITDA margin 19% 18% 15% 16%
Net profit (loss) 1 -9 -22 1
Net profit margin 0% -1% -3% 0%

Balance sheet

2018 2019 2020 2021
Non-current assets 2,777 2,649 2,521 2,495
Intangible assets 0 0 3 2
Tangible assets 2,777 2,648 2,518 2,493
Financial assets
Other non-current assets
Current assets 364 318 344 328
Inventories and prepaid expenses 85 47 42 68
Accounts receivable in one year 271 260 281 257
Other current assets
Cash and cash equivalents 8 12 22 3
Total assets 3,141 2,967 2,864 2,823
Equity 754 745 723 724
Grants and subsidies 821 760 688 712
Liabilities 1,565 1,462 1,453 1,387
Financial liabilities 1,438 1,377 1,338 1,212
Long-term liabilities 1,197 472 1,256 1,131
Short-term liabilities 368 990 197 256
Equity and liabilities 3,141 2,967 2,864 2,823

Financial ratios

2018 2019 2020 2021
Capital return ratios
Return on assets (ROA) 0% -0% -1% 0%
Return on equity (ROE) 0% -1% -3% 0%
Return on capital employed (ROCE) 4% 3% 1% 3%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 1.91 1.85 1.85 1.67
Current Ratio 0.99 0.32 1.74 1.28
Quick ratio 0.76 0.27 1.53 1.02
Turnover ratios
Asset turnover 0.29 0.29 0.30 0.40
Fixed asset turnover 0.33 0.32 0.34 0.45
Equity turnover 1.23 1.17 1.19 1.56
Profitability ratios
EBITDA margin 19% 18% 15% 16%
Operating profit margin 1% -0% -3% 0%
Net profit margin 0% -1% -3% 0%
Other ratios
Dividends to the Municipality
Dividends paid / net profit

Financial statments

About the company

  • Official nameUAB „Pakruojo šiluma“
  • Legal formPrivate limited liability company (UAB)
  • Company code167909640
  • SectorHeating networks
  • Line of businessHeat networks
  • Representing institutionPakruojis district municipality
  • Share belonging to the Municipal100%
https://www.paksiluma.lt/
ROE

0.1%

Number of employees

26

Financial data provided as at end-December 2021