Šiaulių gatvių apšvietimas
UAB “Šiaulių gatvių apšvietimas” was registered on March 13, 1995. Main activities – operation of urban external lighting electrical networks, construction and overhaul of urban lighting networks, production and operation of neon advertising, operation, repair and construction of traffic control devices, external lighting of other organizations (under contracts) current repairs, overhaul and other works, retail and wholesale, production of products for lighting, transport services.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 1,429 | 1,628 | 1,899 | 1,831 |
| Cost of goods sold | 939 | 1,095 | 1,170 | 1,126 |
| Gross profit (loss) | 490 | 533 | 730 | 705 |
| Gross profit margin | 34% | 33% | 38% | 39% |
| Operating expenses | 429 | 469 | 492 | 697 |
| Operating profit (loss) | 60 | 62 | 236 | 6 |
| Operating profit margin | 4% | 4% | 12% | 0% |
| EBITDA | 566 | 621 | 660 | 653 |
| EBITDA margin | 40% | 38% | 35% | 36% |
| Net profit (loss) | 65 | 66 | 72 | 77 |
| Net profit margin | 5% | 4% | 4% | 4% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 12,334 | 12,119 | 12,409 | 13,075 |
| Intangible assets | 10 | 7 | 3 | 2 |
| Tangible assets | 12,324 | 12,112 | 12,406 | 13,073 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 967 | 2,761 | 2,893 | 3,155 |
| Inventories and prepaid expenses | 193 | 194 | 217 | 555 |
| Accounts receivable in one year | 296 | 301 | 535 | 334 |
| Other current assets | ||||
| Cash and cash equivalents | 478 | 2,266 | 2,142 | 2,265 |
| Total assets | 13,308 | 14,890 | 15,314 | 16,244 |
| Equity | 13,060 | 13,076 | 13,098 | 13,432 |
| Grants and subsidies | 359 | 557 | ||
| Liabilities | 155 | 1,685 | 1,793 | 2,194 |
| Financial liabilities | 0 | 1,500 | 1,500 | 1,500 |
| Long-term liabilities | 1,500 | 1,481 | 1,469 | |
| Short-term liabilities | 155 | 185 | 312 | 725 |
| Equity and liabilities | 13,308 | 14,890 | 15,314 | 16,244 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 1% | 0% | 0% | 0% |
| Return on equity (ROE) | 1% | 1% | 1% | 1% |
| Return on capital employed (ROCE) | 0% | 0% | 2% | 0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.10 | 0.10 | 0.09 |
| Current Ratio | 6.24 | 14.90 | 9.28 | 4.35 |
| Quick ratio | 4.99 | 13.85 | 8.58 | 3.59 |
| Turnover ratios | ||||
| Asset turnover | 0.11 | 0.11 | 0.12 | 0.11 |
| Fixed asset turnover | 0.12 | 0.13 | 0.15 | 0.14 |
| Equity turnover | 0.11 | 0.12 | 0.15 | 0.14 |
| Profitability ratios | ||||
| EBITDA margin | 40% | 38% | 35% | 36% |
| Operating profit margin | 4% | 4% | 12% | 0% |
| Net profit margin | 5% | 4% | 4% | 4% |
| Other ratios | ||||
| Dividends to the Municipality | 50.00 | 50.00 | 50.00 | 24.00 |
| Dividends paid / net profit | 0.78 | 0.76 | 0.69 | 0.31 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Šiaulių gatvių apšvietimas“
- Legal formPrivate limited liability company (UAB)
- Company code144129510
- SectorOther
- Line of businessStatyba ir architektūra, lghting maintenance
- Representing institutionŠiauliai city municipality
- Share belonging to the Municipal100%
Return to the Municipality
24 EUR thousand
ROE
0.6%
Number of employees
54
Financial data provided as at end-December 2022
Management
- Tomas PetreikisChief Executive Officer
Information as of: 4/30/2023
