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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 24,608 | 22,626 | 20,867 | 27,411 |
Cost of goods sold | 23,704 | 21,528 | 18,330 | 25,237 |
Gross profit (loss) | 904 | 1,098 | 2,536 | 2,174 |
Gross profit margin | 4% | 5% | 12% | 8% |
Operating expenses | 738 | 821 | 869 | 913 |
Operating profit (loss) | 166 | 277 | 1,667 | 1,261 |
Operating profit margin | 1% | 1% | 8% | 5% |
EBITDA | 4,189 | 4,198 | 5,323 | 4,909 |
EBITDA margin | 17% | 19% | 26% | 18% |
Net profit (loss) | 662 | 766 | 1,660 | 1,349 |
Net profit margin | 3% | 3% | 8% | 5% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 50,370 | 59,250 | 59,956 | 61,909 |
Intangible assets | 8 | 14 | 30 | 57 |
Tangible assets | 50,362 | 59,236 | 59,927 | 61,852 |
Financial assets | ||||
Other non-current assets | ||||
Current assets | 10,899 | 6,183 | 7,672 | 10,235 |
Inventories and prepaid expenses | 3,498 | 2,007 | 2,090 | 2,803 |
Accounts receivable in one year | 4,982 | 4,015 | 3,851 | 6,469 |
Other current assets | ||||
Cash and cash equivalents | 2,420 | 161 | 1,730 | 963 |
Total assets | 61,525 | 65,673 | 67,822 | 72,290 |
Equity | 39,165 | 39,930 | 41,491 | 42,764 |
Grants and subsidies | 12,947 | 16,528 | 18,187 | 18,683 |
Liabilities | 9,414 | 9,214 | 8,144 | 10,843 |
Financial liabilities | 6,884 | 6,828 | 5,926 | 7,481 |
Long-term liabilities | 5,570 | 4,256 | 4,612 | 2,762 |
Short-term liabilities | 3,697 | 4,817 | 3,404 | 7,965 |
Equity and liabilities | 61,525 | 65,673 | 67,822 | 72,290 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 1% | 1% | 2% | 2% |
Return on equity (ROE) | 2% | 2% | 4% | 3% |
Return on capital employed (ROCE) | 2% | 3% | 6% | 4% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.18 | 0.17 | 0.14 | 0.17 |
Current Ratio | 2.95 | 1.28 | 2.25 | 1.29 |
Quick ratio | 2.00 | 0.87 | 1.64 | 0.93 |
Turnover ratios | ||||
Asset turnover | 0.40 | 0.36 | 0.31 | 0.39 |
Fixed asset turnover | 0.49 | 0.41 | 0.35 | 0.45 |
Equity turnover | 0.63 | 0.57 | 0.51 | 0.65 |
Profitability ratios | ||||
EBITDA margin | 17% | 19% | 26% | 18% |
Operating profit margin | 1% | 1% | 8% | 5% |
Net profit margin | 3% | 3% | 8% | 5% |
Other ratios | ||||
Dividends to the Municipality | 99.90 | 74.92 | 104.89 | |
Dividends paid / net profit | 0.13 | 0.05 | 0.08 |
Financial statments
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 Municipal99.9%
ROE
3.2%
Number of employees
223
Financial data provided as at end-December 2021