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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 1,314 | 1,262 | 1,583 | 1,828 |
Cost of goods sold | 1,152 | 1,154 | 1,424 | 1,816 |
Gross profit (loss) | 162 | 108 | 159 | 12 |
Gross profit margin | 12% | 9% | 10% | 1% |
Operating expenses | 152 | 229 | 211 | 231 |
Operating profit (loss) | 10 | -121 | -52 | -219 |
Operating profit margin | 1% | -10% | -3% | -12% |
EBITDA | 212 | 83 | 252 | -15 |
EBITDA margin | 16% | 7% | 16% | -1% |
Net profit (loss) | 5 | -121 | 54 | -227 |
Net profit margin | 0% | -10% | 3% | -12% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 2,769 | 2,632 | 3,217 | 3,103 |
Intangible assets | 13 | 11 | 6 | 1 |
Tangible assets | 2,755 | 2,621 | 3,211 | 3,102 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 361 | 498 | 576 | 687 |
Inventories and prepaid expenses | 121 | 108 | 88 | 83 |
Accounts receivable in one year | 215 | 251 | 346 | 422 |
Other current assets | ||||
Cash and cash equivalents | 25 | 139 | 142 | 182 |
Total assets | 3,138 | 3,134 | 3,795 | 3,797 |
Equity | 1,050 | 829 | 953 | 726 |
Grants and subsidies | 908 | 814 | 1,092 | 1,004 |
Liabilities | 1,179 | 1,490 | 1,750 | 2,067 |
Financial liabilities | 884 | 965 | 1,300 | 1,517 |
Long-term liabilities | 672 | 732 | 1,048 | 681 |
Short-term liabilities | 508 | 758 | 702 | 1,385 |
Equity and liabilities | 3,138 | 3,134 | 3,795 | 3,797 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 0% | -4% | 2% | -6% |
Return on equity (ROE) | 0% | -13% | 6% | -27% |
Return on capital employed (ROCE) | 1% | -8% | -3% | -16% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.28 | 0.31 | 0.34 | 0.40 |
Current Ratio | 0.71 | 0.66 | 0.82 | 0.50 |
Quick ratio | 0.47 | 0.51 | 0.69 | 0.44 |
Turnover ratios | ||||
Asset turnover | 0.42 | 0.40 | 0.42 | 0.48 |
Fixed asset turnover | 0.47 | 0.48 | 0.49 | 0.59 |
Equity turnover | 1.25 | 1.52 | 1.66 | 2.52 |
Profitability ratios | ||||
EBITDA margin | 16% | 7% | 16% | -1% |
Operating profit margin | 1% | -10% | -3% | -12% |
Net profit margin | 0% | -10% | 3% | -12% |
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 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
-27.0%
Number of employees
42
Financial data provided as at end-December 2022
Management
- Raimondas RauckisChief Executive Officer
Information as of: 2023/04/30