Šakių šilumos tinklai

UAB Šakių šilumos tinklai was registered on March 5, 2009. Company provides centralized heating services and hot water.
Financial results
P/L Statment
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 1,324 | 1,314 | 1,262 | 1,583 |
Cost of goods sold | 1,289 | 1,152 | 1,154 | 1,424 |
Gross profit (loss) | 36 | 162 | 108 | 159 |
Gross profit margin | 3% | 12% | 9% | 10% |
Operating expenses | 206 | 152 | 229 | 211 |
Operating profit (loss) | -171 | 10 | -121 | -52 |
Operating profit margin | -13% | 1% | -10% | -3% |
EBITDA | 17 | 212 | 83 | 256 |
EBITDA margin | 1% | 16% | 7% | 16% |
Net profit (loss) | -183 | 5 | -121 | 54 |
Net profit margin | -14% | 0% | -10% | 3% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 2,955 | 2,769 | 2,632 | 3,217 |
Intangible assets | 14 | 13 | 11 | 6 |
Tangible assets | 2,941 | 2,755 | 2,621 | 3,211 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 378 | 361 | 498 | 576 |
Inventories and prepaid expenses | 97 | 121 | 108 | 88 |
Accounts receivable in one year | 255 | 215 | 251 | 346 |
Other current assets | ||||
Cash and cash equivalents | 26 | 25 | 139 | 142 |
Total assets | 3,333 | 3,138 | 3,134 | 3,795 |
Equity | 1,045 | 1,050 | 829 | 953 |
Grants and subsidies | 1,004 | 908 | 814 | 1,092 |
Liabilities | 1,285 | 1,179 | 1,490 | 1,750 |
Financial liabilities | 1,025 | 884 | 965 | 1,300 |
Long-term liabilities | 814 | 672 | 732 | 1,048 |
Short-term liabilities | 471 | 508 | 758 | 702 |
Equity and liabilities | 3,333 | 3,138 | 3,134 | 3,795 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | -5% | 0% | -4% | 2% |
Return on equity (ROE) | -16% | 0% | -13% | 6% |
Return on capital employed (ROCE) | -11% | 2% | -8% | 5% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.98 | 0.84 | 1.16 | 1.36 |
Current Ratio | 0.80 | 0.71 | 0.66 | 0.82 |
Quick ratio | 0.60 | 0.47 | 0.51 | 0.70 |
Turnover ratios | ||||
Asset turnover | 0.38 | 0.41 | 0.40 | 0.46 |
Fixed asset turnover | 0.43 | 0.46 | 0.47 | 0.54 |
Equity turnover | 1.17 | 1.25 | 1.34 | 1.78 |
Profitability ratios | ||||
EBITDA margin | 1% | 16% | 7% | 16% |
Operating profit margin | -13% | 1% | -10% | -3% |
Net profit margin | -14% | 0% | -10% | 3% |
Other ratios | ||||
Dividends to the Municipality | ||||
Dividends paid / net profit |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Šakių šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code174409393
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionŠakiai district municipality
- Share belonging to the Municipal100%
ROE
6.0%
Number of employees
41
Financial data provided as at end-December 2021