Raseinių šilumos tinklai
UAB Raiseinių šilumos tinklai was registered on August 14, 1997. Main activities of the company – heating and hot water services, centralized supply of heat. Other services include testing and maintenance of steam boilers, operation of heat consumption equipment and maintenance of heat meters.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 3,567 | 3,608 | 3,467 | 3,605 |
| Cost of goods sold | 3,102 | 3,130 | 2,818 | 2,822 |
| Gross profit (loss) | 465 | 478 | 649 | 783 |
| Gross profit margin | 13% | 13% | 19% | 22% |
| Operating expenses | 304 | 292 | 372 | 411 |
| Operating profit (loss) | 82 | 107 | 169 | 261 |
| Operating profit margin | 2% | 3% | 5% | 7% |
| EBITDA | 355 | 347 | 519 | 552 |
| EBITDA margin | 10% | 10% | 15% | 15% |
| Net profit (loss) | 84 | 94 | 129 | 282 |
| Net profit margin | 2% | 3% | 4% | 8% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 6,569 | 6,264 | 6,130 | 6,705 |
| Intangible assets | 2 | 2 | 9 | 8 |
| Tangible assets | 6,568 | 6,262 | 6,121 | 6,697 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 1,375 | 1,428 | 1,368 | 1,409 |
| Inventories and prepaid expenses | 364 | 272 | 291 | 264 |
| Accounts receivable in one year | 822 | 535 | 525 | 523 |
| Other current assets | 150 | 154 | ||
| Cash and cash equivalents | 189 | 621 | 402 | 469 |
| Total assets | 7,949 | 7,696 | 7,502 | 8,120 |
| Equity | 4,075 | 4,317 | 4,546 | 5,139 |
| Grants and subsidies | 2,302 | 2,174 | 2,040 | 2,158 |
| Liabilities | 1,573 | 1,206 | 917 | 822 |
| Financial liabilities | 990 | 789 | 1,466 | 212 |
| Long-term liabilities | 115 | 549 | 212 | |
| Short-term liabilities | 1,458 | 657 | 917 | 611 |
| Equity and liabilities | 7,949 | 7,696 | 7,502 | 8,120 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 1% | 2% | 4% |
| Return on equity (ROE) | 2% | 2% | 3% | 6% |
| Return on capital employed (ROCE) | 2% | 2% | 4% | 5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.12 | 0.10 | 0.20 | 0.03 |
| Current Ratio | 0.94 | 2.17 | 1.49 | 2.31 |
| Quick ratio | 0.69 | 1.76 | 1.17 | 1.87 |
| Turnover ratios | ||||
| Asset turnover | 0.45 | 0.47 | 0.46 | 0.44 |
| Fixed asset turnover | 0.54 | 0.58 | 0.57 | 0.54 |
| Equity turnover | 0.88 | 0.84 | 0.76 | 0.70 |
| Profitability ratios | ||||
| EBITDA margin | 10% | 10% | 15% | 15% |
| Operating profit margin | 2% | 3% | 5% | 7% |
| Net profit margin | 2% | 3% | 4% | 8% |
| 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 „Raseinių šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code172412113
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionRaseiniai district municipality
- Share belonging to the Municipal100%
- Contacts https://raseiniust.lt/
ROE
5.8%
Number of employees
54
Financial data provided as at end-December 2024
Management
- Modestas GlobysChief Executive Officer
Information as of: 2026-06-01
