Šiaulių energija
AB Šiaulių energija was registered on August 15, 1998. Main activities of the company – production and supply of heat, electricity and hot water. Company provides services mainly in Šiauliai district.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 40,327 | 38,727 | 32,338 | 32,410 |
| Cost of goods sold | 34,448 | 32,609 | 28,711 | 27,452 |
| Gross profit (loss) | 5,879 | 6,119 | 3,627 | 4,959 |
| Gross profit margin | 15% | 16% | 11% | 15% |
| Operating expenses | 1,187 | 1,625 | 1,655 | 1,769 |
| Operating profit (loss) | 4,691 | 4,493 | 1,972 | 3,190 |
| Operating profit margin | 12% | 12% | 6% | 10% |
| EBITDA | 8,431 | 7,803 | 6,413 | 8,361 |
| EBITDA margin | 21% | 20% | 20% | 26% |
| Net profit (loss) | 5,345 | 3,146 | 2,301 | 3,404 |
| Net profit margin | 13% | 8% | 7% | 11% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 60,800 | 61,558 | 71,535 | 69,937 |
| Intangible assets | 32 | 10 | 44 | 30 |
| Tangible assets | 60,768 | 61,548 | 71,491 | 69,907 |
| Financial assets | 0 | 0 | ||
| Other non-current assets | 0 | 0 | ||
| Current assets | 13,879 | 10,635 | 11,080 | 13,774 |
| Inventories and prepaid expenses | 2,362 | 2,561 | 2,701 | 2,588 |
| Accounts receivable in one year | 9,194 | 6,728 | 6,004 | 5,773 |
| Other current assets | 148 | 521 | 3,102 | |
| Cash and cash equivalents | 2,323 | 1,198 | 1,854 | 2,310 |
| Total assets | 74,928 | 72,462 | 82,951 | 84,079 |
| Equity | 48,005 | 50,651 | 52,637 | 55,810 |
| Grants and subsidies | 18,149 | 17,187 | 16,809 | 15,687 |
| Liabilities | 8,607 | 4,376 | 12,456 | 10,837 |
| Financial liabilities | 2,947 | 432 | 9,838 | 8,408 |
| Long-term liabilities | 864 | 8,335 | 6,946 | |
| Short-term liabilities | 7,743 | 4,376 | 4,121 | 3,891 |
| Equity and liabilities | 74,928 | 72,462 | 82,951 | 84,079 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 7% | 4% | 3% | 4% |
| Return on equity (ROE) | 12% | 6% | 4% | 6% |
| Return on capital employed (ROCE) | 10% | 9% | 3% | 5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.04 | 0.01 | 0.12 | 0.10 |
| Current Ratio | 1.79 | 2.43 | 2.69 | 3.54 |
| Quick ratio | 1.49 | 1.85 | 2.03 | 2.87 |
| Turnover ratios | ||||
| Asset turnover | 0.54 | 0.53 | 0.39 | 0.39 |
| Fixed asset turnover | 0.66 | 0.63 | 0.45 | 0.46 |
| Equity turnover | 0.84 | 0.76 | 0.61 | 0.58 |
| Profitability ratios | ||||
| EBITDA margin | 21% | 20% | 20% | 26% |
| Operating profit margin | 12% | 12% | 6% | 10% |
| Net profit margin | 13% | 8% | 7% | 11% |
| Other ratios | ||||
| Dividends to the Municipality | 476.50 | 300.19 | 219.31 | 324.36 |
| Dividends paid / net profit | 0.09 | 0.10 | 0.10 | 0.10 |
Expectations of the municipal
About the company
- Official nameAB „Šiaulių energija“
- Legal formPublic limited liability company (AB)
- Company code245358580
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionŠiauliai city municipality
↑ Controlling (holding the largest share) institution
Šiauliai district municipality - Share belonging to the Municipal95.3%
- Contacts https://senergija.lt/
Return to the Municipality
324 EUR thousand
ROE
6.3%
Number of employees
216
Financial data provided as at end-December 2024
Management
- Audronė ČepulienėChief Executive Officer
Information as of: 2026-06-01
