Plungės šilumos tinklai
UAB Plungės šilumos tinklai was registered on March 15, 1998. Main activity of the company – centralized supply of heating and hot water to consumers and maintenance of internal heating and hot water systems.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 4,605 | 4,395 | 4,201 | 4,343 |
| Cost of goods sold | 4,065 | 4,143 | 3,539 | 3,368 |
| Gross profit (loss) | 539 | 252 | 662 | 974 |
| Gross profit margin | 12% | 6% | 16% | 22% |
| Operating expenses | 361 | 409 | 352 | 473 |
| Operating profit (loss) | 91 | -250 | 213 | 403 |
| Operating profit margin | 2% | -6% | 5% | 9% |
| EBITDA | 432 | -19 | 466 | 774 |
| EBITDA margin | 9% | -0% | 11% | 18% |
| Net profit (loss) | 133 | -303 | 178 | 468 |
| Net profit margin | 3% | -7% | 4% | 11% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 5,009 | 4,780 | 4,487 | 4,386 |
| Intangible assets | 0 | 15 | 11 | 7 |
| Tangible assets | 5,008 | 4,765 | 4,476 | 4,379 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 1,232 | 820 | 807 | 793 |
| Inventories and prepaid expenses | 243 | 115 | 81 | 84 |
| Accounts receivable in one year | 909 | 664 | 702 | 635 |
| Other current assets | ||||
| Cash and cash equivalents | 80 | 41 | 24 | 74 |
| Total assets | 6,244 | 5,602 | 5,297 | 5,184 |
| Equity | 1,474 | 1,171 | 1,349 | 1,818 |
| Grants and subsidies | 645 | 656 | 597 | 544 |
| Liabilities | 4,122 | 3,772 | 3,344 | 2,822 |
| Financial liabilities | 3,164 | 3,004 | 189 | 205 |
| Long-term liabilities | 2,927 | 1,467 | 2,553 | 2,025 |
| Short-term liabilities | 1,195 | 2,306 | 791 | 797 |
| Equity and liabilities | 6,245 | 5,602 | 5,297 | 5,184 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | -5% | 3% | 9% |
| Return on equity (ROE) | 9% | -23% | 14% | 30% |
| Return on capital employed (ROCE) | 2% | -9% | 5% | 10% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.51 | 0.54 | 0.04 | 0.04 |
| Current Ratio | 1.03 | 0.36 | 1.02 | 0.99 |
| Quick ratio | 0.83 | 0.31 | 0.92 | 0.89 |
| Turnover ratios | ||||
| Asset turnover | 0.74 | 0.78 | 0.79 | 0.84 |
| Fixed asset turnover | 0.92 | 0.92 | 0.94 | 0.99 |
| Equity turnover | 3.12 | 3.75 | 3.11 | 2.39 |
| Profitability ratios | ||||
| EBITDA margin | 9% | -0% | 11% | 18% |
| Operating profit margin | 2% | -6% | 5% | 9% |
| Net profit margin | 3% | -7% | 4% | 11% |
| 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 „Plungės šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code170535455
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionPlungė district municipality
- Share belonging to the Municipal100%
- Contacts https://plungessiluma.lt/
ROE
29.6%
Number of employees
52
Financial data provided as at end-December 2024
Management
- Dainius BudrysChief Executive Officer
Information as of: 2026-06-01
