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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 3,462 | 2,784 | 3,263 | 4,605 |
Cost of goods sold | 3,107 | 2,368 | 3,736 | 4,065 |
Gross profit (loss) | 354 | 416 | -473 | 539 |
Gross profit margin | 10% | 15% | -14% | 12% |
Operating expenses | 300 | 312 | 306 | 361 |
Operating profit (loss) | -33 | 25 | -858 | 91 |
Operating profit margin | -1% | 1% | -26% | 2% |
EBITDA | 444 | 417 | -483 | 432 |
EBITDA margin | 13% | 15% | -15% | 9% |
Net profit (loss) | 89 | 123 | -754 | 133 |
Net profit margin | 3% | 4% | -23% | 3% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 3,667 | 3,798 | 4,398 | 5,009 |
Intangible assets | 5 | 4 | 1 | 1 |
Tangible assets | 3,663 | 3,794 | 4,396 | 5,008 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 680 | 539 | 954 | 1,232 |
Inventories and prepaid expenses | 72 | 76 | 105 | 243 |
Accounts receivable in one year | 551 | 444 | 768 | 909 |
Other current assets | ||||
Cash and cash equivalents | 58 | 20 | 82 | 80 |
Total assets | 4,350 | 4,339 | 5,367 | 6,245 |
Equity | 1,975 | 2,098 | 1,341 | 1,474 |
Grants and subsidies | 593 | 737 | 700 | 645 |
Liabilities | 1,777 | 1,457 | 3,244 | 4,122 |
Financial liabilities | 1,243 | 1,086 | 2,494 | 3,164 |
Long-term liabilities | 1,174 | 949 | 2,309 | 2,927 |
Short-term liabilities | 603 | 509 | 935 | 1,195 |
Equity and liabilities | 4,350 | 4,339 | 5,367 | 6,244 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 2% | 3% | -16% | 2% |
Return on equity (ROE) | 5% | 6% | -44% | 9% |
Return on capital employed (ROCE) | -1% | 1% | -24% | 2% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.29 | 0.25 | 0.46 | 0.51 |
Current Ratio | 1.13 | 1.06 | 1.02 | 1.03 |
Quick ratio | 1.01 | 0.91 | 0.91 | 0.83 |
Turnover ratios | ||||
Asset turnover | 0.80 | 0.64 | 0.61 | 0.74 |
Fixed asset turnover | 0.94 | 0.73 | 0.74 | 0.92 |
Equity turnover | 1.75 | 1.33 | 2.43 | 3.12 |
Profitability ratios | ||||
EBITDA margin | 13% | 15% | -15% | 9% |
Operating profit margin | -1% | 1% | -26% | 2% |
Net profit margin | 3% | 4% | -23% | 3% |
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 „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%
ROE
9.4%
Number of employees
57
Financial data provided as at end-December 2022
Management
- Margarita CharitonovaChief Executive Officer
Information as of: 4/30/2023