Prienų šilumos tinklai

AB Prienų šilumos tinklai was registered on August 29, 1997. Main activities of the company – supply of heating, operation of heating and hot water systems.
Financial results
P/L Statment
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 1,653 | 1,392 | 1,798 | 2,642 |
Cost of goods sold | 1,467 | 1,338 | 1,746 | 2,578 |
Gross profit (loss) | 186 | 53 | 52 | 64 |
Gross profit margin | 11% | 4% | 3% | 2% |
Operating expenses | 173 | 214 | 220 | 226 |
Operating profit (loss) | 13 | -160 | -168 | -162 |
Operating profit margin | 1% | -12% | -9% | -6% |
EBITDA | 201 | 119 | -37 | 42 |
EBITDA margin | 12% | 9% | -2% | 2% |
Net profit (loss) | 22 | -63 | -172 | -165 |
Net profit margin | 1% | -4% | -10% | -6% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 2,712 | 2,453 | 2,370 | 2,246 |
Intangible assets | 1 | |||
Tangible assets | 2,712 | 2,453 | 2,370 | 2,245 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 838 | 437 | 554 | 770 |
Inventories and prepaid expenses | 72 | 61 | 99 | 145 |
Accounts receivable in one year | 482 | 307 | 382 | 515 |
Other current assets | ||||
Cash and cash equivalents | 284 | 70 | 73 | 110 |
Total assets | 3,550 | 2,890 | 2,924 | 3,016 |
Equity | 1,297 | 1,235 | 1,063 | 898 |
Grants and subsidies | 836 | 784 | 731 | 682 |
Liabilities | 1,417 | 872 | 1,130 | 1,436 |
Financial liabilities | 694 | 584 | 484 | 649 |
Long-term liabilities | 517 | 456 | 347 | 471 |
Short-term liabilities | 899 | 416 | 783 | 965 |
Equity and liabilities | 3,550 | 2,890 | 2,924 | 3,016 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 1% | -2% | -6% | -6% |
Return on equity (ROE) | 2% | -5% | -15% | -17% |
Return on capital employed (ROCE) | 1% | -9% | -12% | -12% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.20 | 0.20 | 0.17 | 0.22 |
Current Ratio | 0.93 | 1.05 | 0.71 | 0.80 |
Quick ratio | 0.85 | 0.91 | 0.58 | 0.65 |
Turnover ratios | ||||
Asset turnover | 0.47 | 0.48 | 0.61 | 0.88 |
Fixed asset turnover | 0.61 | 0.57 | 0.76 | 1.18 |
Equity turnover | 1.27 | 1.13 | 1.69 | 2.94 |
Profitability ratios | ||||
EBITDA margin | 12% | 9% | -2% | 2% |
Operating profit margin | 1% | -12% | -9% | -6% |
Net profit margin | 1% | -4% | -10% | -6% |
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 nameAB „Prienų šilumos tinklai“
- Legal formPublic limited liability company (AB)
- Company code170759250
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionPrienai district municipality
- Share indirectly belonging to the Municipal0%
ROE
-16.8%
Number of employees
30
Financial data provided as at end-December 2022