Šiaulių šviesa
UAB “Šiaulių šviesa” was established on January 1, 1986. The main activity – ensures smooth traffic management, high-quality public space lighting, and efficient building administration. Implements smart technologies, invests in modern equipment and sustainable solutions that contribute to creating a safer, cleaner, and more comfortable urban environment.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 1,831 | 2,963 | 4,118 | 3,748 |
| Cost of goods sold | 1,126 | 1,562 | 2,588 | 2,138 |
| Gross profit (loss) | 705 | 1,401 | 1,530 | 1,610 |
| Gross profit margin | 39% | 47% | 37% | 43% |
| Operating expenses | 697 | 1,111 | 1,298 | 1,422 |
| Operating profit (loss) | 6 | 283 | 226 | 173 |
| Operating profit margin | 0% | 10% | 5% | 5% |
| EBITDA | 653 | 1,039 | 1,238 | 1,191 |
| EBITDA margin | 36% | 35% | 30% | 32% |
| Net profit (loss) | 77 | 92 | 172 | 152 |
| Net profit margin | 4% | 3% | 4% | 4% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 13,075 | 16,575 | 16,304 | 16,095 |
| Intangible assets | 2 | 54 | 35 | 23 |
| Tangible assets | 13,073 | 16,521 | 16,269 | 16,072 |
| Financial assets | ||||
| Other non-current assets | ||||
| Current assets | 3,155 | 1,646 | 1,824 | 1,834 |
| Inventories and prepaid expenses | 555 | 390 | 490 | 539 |
| Accounts receivable in one year | 334 | 519 | 719 | 853 |
| Other current assets | ||||
| Cash and cash equivalents | 2,265 | 736 | 616 | 443 |
| Total assets | 16,244 | 18,281 | 18,167 | 18,108 |
| Equity | 13,432 | 14,046 | 14,189 | 14,312 |
| Grants and subsidies | 557 | 1,813 | 1,683 | 1,551 |
| Liabilities | 2,194 | 2,252 | 2,144 | 2,067 |
| Financial liabilities | 1,500 | 1,490 | 1,365 | 1,240 |
| Long-term liabilities | 1,469 | 1,365 | 1,240 | 1,115 |
| Short-term liabilities | 725 | 888 | 904 | 952 |
| Equity and liabilities | 16,244 | 18,281 | 18,167 | 18,108 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 1% | 1% | 1% |
| Return on equity (ROE) | 1% | 1% | 1% | 1% |
| Return on capital employed (ROCE) | 0% | 2% | 1% | 1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.09 | 0.08 | 0.08 | 0.07 |
| Current Ratio | 4.35 | 1.85 | 2.02 | 1.93 |
| Quick ratio | 3.59 | 1.41 | 1.48 | 1.36 |
| Turnover ratios | ||||
| Asset turnover | 0.11 | 0.16 | 0.23 | 0.21 |
| Fixed asset turnover | 0.14 | 0.18 | 0.25 | 0.23 |
| Equity turnover | 0.14 | 0.21 | 0.29 | 0.26 |
| Profitability ratios | ||||
| EBITDA margin | 36% | 35% | 30% | 32% |
| Operating profit margin | 0% | 10% | 5% | 5% |
| Net profit margin | 4% | 3% | 4% | 4% |
| Other ratios | ||||
| Dividends to the Municipality | 24.00 | 28.00 | 30.00 | 0.00 |
| Dividends paid / net profit | 0.31 | 0.31 | 0.17 | 0.00 |
Expectations of the municipal
About the company
- Official nameUAB „Šiaulių šviesa“
- Legal formPrivate limited liability company (UAB)
- Company code144129510
- SectorWaste and environmental management
- Line of businessStatyba ir architektūra, lghting maintenance
- Representing institutionŠiauliai city municipality
- Share belonging to the Municipal100%
- Contacts https://siauliusviesa.lt
ROE
1.1%
Number of employees
75
Financial data provided as at end-December 2024
Management
- Tomas PetreikisChief Executive Officer
Information as of: 2026-06-01
