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
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,262 | 1,583 | 1,828 | 2,022 |
| Cost of goods sold | 1,154 | 1,424 | 1,816 | 1,787 |
| Gross profit (loss) | 108 | 159 | 12 | 235 |
| Gross profit margin | 9% | 10% | 1% | 12% |
| Operating expenses | 229 | 211 | 231 | 238 |
| Operating profit (loss) | -121 | -52 | -219 | -3 |
| Operating profit margin | -10% | -3% | -12% | -0% |
| EBITDA | 83 | 252 | -21 | 246 |
| EBITDA margin | 7% | 16% | -1% | 12% |
| Net profit (loss) | -121 | 54 | -227 | -44 |
| Net profit margin | -10% | 3% | -12% | -2% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 2,632 | 3,217 | 3,103 | 3,051 |
| Intangible assets | 11 | 6 | 1 | 14 |
| Tangible assets | 2,621 | 3,211 | 3,102 | 3,037 |
| Financial assets | 0 | 0 | ||
| Other non-current assets | 0 | 0 | ||
| Current assets | 498 | 576 | 687 | 708 |
| Inventories and prepaid expenses | 108 | 88 | 83 | 120 |
| Accounts receivable in one year | 251 | 346 | 422 | 276 |
| Other current assets | 0 | 0 | ||
| Cash and cash equivalents | 139 | 142 | 182 | 313 |
| Total assets | 3,134 | 3,795 | 3,797 | 3,762 |
| Equity | 829 | 953 | 726 | 682 |
| Grants and subsidies | 814 | 1,092 | 1,004 | 918 |
| Liabilities | 1,490 | 1,750 | 2,067 | 2,161 |
| Financial liabilities | 895 | 1,300 | 1,474 | 1,425 |
| Long-term liabilities | 732 | 1,048 | 681 | 1,288 |
| Short-term liabilities | 758 | 702 | 1,385 | 874 |
| Equity and liabilities | 3,134 | 3,795 | 3,797 | 3,762 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -4% | 2% | -6% | -1% |
| Return on equity (ROE) | -13% | 6% | -27% | -6% |
| Return on capital employed (ROCE) | -8% | -3% | -16% | -0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.31 | 0.34 | 0.39 | 0.38 |
| Current Ratio | 0.66 | 0.82 | 0.50 | 0.81 |
| Quick ratio | 0.51 | 0.69 | 0.44 | 0.67 |
| Turnover ratios | ||||
| Asset turnover | 0.40 | 0.42 | 0.48 | 0.54 |
| Fixed asset turnover | 0.48 | 0.49 | 0.59 | 0.66 |
| Equity turnover | 1.52 | 1.66 | 2.52 | 2.96 |
| Profitability ratios | ||||
| EBITDA margin | 7% | 16% | -1% | 12% |
| Operating profit margin | -10% | -3% | -12% | -0% |
| Net profit margin | -10% | 3% | -12% | -2% |
| 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 „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
-6.3%
Number of employees
45
Financial data provided as at end-December 2023
Management
- Marius MatelisChief Executive Officer
Information as of: 2024/04/30
