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
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 1,828 | 2,022 | 1,749 | 1,749 |
| Cost of goods sold | 1,816 | 1,787 | 1,604 | 1,748 |
| Gross profit (loss) | 12 | 235 | 145 | 1 |
| Gross profit margin | 1% | 12% | 8% | 0% |
| Operating expenses | 231 | 239 | 219 | 225 |
| Operating profit (loss) | -219 | -3 | -73 | -225 |
| Operating profit margin | -12% | -0% | -4% | -13% |
| EBITDA | -21 | 262 | -11 | -17 |
| EBITDA margin | -1% | 13% | -1% | -1% |
| Net profit (loss) | -227 | -44 | -124 | -280 |
| Net profit margin | -12% | -2% | -7% | -16% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 3,103 | 3,051 | 2,979 | 2,948 |
| Intangible assets | 1 | 14 | 9 | 3 |
| Tangible assets | 3,102 | 3,037 | 2,970 | 2,945 |
| Financial assets | 0 | |||
| Other non-current assets | 0 | |||
| Current assets | 687 | 708 | 731 | 594 |
| Inventories and prepaid expenses | 83 | 120 | 134 | 138 |
| Accounts receivable in one year | 422 | 276 | 258 | 297 |
| Other current assets | 0 | |||
| Cash and cash equivalents | 182 | 313 | 339 | 159 |
| Total assets | 3,797 | 3,762 | 3,712 | 3,567 |
| Equity | 726 | 682 | 559 | 279 |
| Grants and subsidies | 1,004 | 918 | 836 | 763 |
| Liabilities | 2,067 | 2,161 | 2,317 | 2,524 |
| Financial liabilities | 1,474 | 1,565 | 1,614 | 1,606 |
| Long-term liabilities | 681 | 1,288 | 1,071 | 1,105 |
| Short-term liabilities | 1,385 | 874 | 1,246 | 1,419 |
| Equity and liabilities | 3,797 | 3,762 | 3,712 | 3,567 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -6% | -1% | -3% | -8% |
| Return on equity (ROE) | -27% | -6% | -20% | -67% |
| Return on capital employed (ROCE) | -16% | -0% | -4% | -16% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.39 | 0.42 | 0.43 | 0.45 |
| Current Ratio | 0.50 | 0.81 | 0.59 | 0.42 |
| Quick ratio | 0.44 | 0.67 | 0.48 | 0.32 |
| Turnover ratios | ||||
| Asset turnover | 0.48 | 0.54 | 0.47 | 0.49 |
| Fixed asset turnover | 0.59 | 0.66 | 0.59 | 0.59 |
| Equity turnover | 2.52 | 2.96 | 3.13 | 6.26 |
| Profitability ratios | ||||
| EBITDA margin | -1% | 13% | -1% | -1% |
| Operating profit margin | -12% | -0% | -4% | -13% |
| Net profit margin | -12% | -2% | -7% | -16% |
| 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%
- Contacts https://sakiusiluma.lt/lt/pradzia
ROE
-66.7%
Number of employees
39
Financial data provided as at end-December 2024
Management
- Marius MatelisChief Executive Officer
Information as of: 2026-06-01
