Šilalės šilumos tinklai
UAB Šilalės šilumos tinklai was registered on September 30, 1998. Main activities of the company – supply of steam, air conditioning, supply of heat and hot water, operation of heating network in Šilalė city.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,004 | 1,207 | 1,659 | 1,635 |
| Cost of goods sold | 793 | 970 | 1,584 | 1,413 |
| Gross profit (loss) | 211 | 237 | 75 | 222 |
| Gross profit margin | 21% | 20% | 5% | 14% |
| Operating expenses | 225 | 189 | 167 | 174 |
| Operating profit (loss) | -55 | 8 | -126 | 12 |
| Operating profit margin | -5% | 1% | -8% | 1% |
| EBITDA | 92 | 126 | 17 | 153 |
| EBITDA margin | 9% | 10% | 1% | 9% |
| Net profit (loss) | -42 | -7 | -121 | 3 |
| Net profit margin | -4% | -1% | -7% | 0% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 2,937 | 2,708 | 2,516 | 2,416 |
| Intangible assets | 5 | 6 | 5 | 3 |
| Tangible assets | 2,840 | 2,610 | 2,419 | 2,321 |
| Financial assets | ||||
| Other non-current assets | 92 | 92 | 92 | 92 |
| Current assets | 378 | 450 | 586 | 434 |
| Inventories and prepaid expenses | 136 | 147 | 191 | 158 |
| Accounts receivable in one year | 242 | 298 | 389 | 275 |
| Other current assets | 7 | 2 | ||
| Cash and cash equivalents | 0 | 4 | ||
| Total assets | 3,315 | 3,158 | 3,102 | 2,850 |
| Equity | 1,170 | 1,163 | 1,015 | 1,017 |
| Grants and subsidies | 1,516 | 1,395 | 1,278 | 1,154 |
| Liabilities | 629 | 599 | 809 | 678 |
| Financial liabilities | 504 | 415 | 471 | 441 |
| Long-term liabilities | 327 | 261 | 446 | 381 |
| Short-term liabilities | 302 | 338 | 364 | 297 |
| Equity and liabilities | 3,315 | 3,158 | 3,102 | 2,850 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | -0% | -4% | 0% |
| Return on equity (ROE) | -4% | -1% | -11% | 0% |
| Return on capital employed (ROCE) | -4% | 1% | -9% | 1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.15 | 0.13 | 0.15 | 0.15 |
| Current Ratio | 1.25 | 1.33 | 1.61 | 1.46 |
| Quick ratio | 0.80 | 0.89 | 1.09 | 0.93 |
| Turnover ratios | ||||
| Asset turnover | 0.30 | 0.38 | 0.53 | 0.57 |
| Fixed asset turnover | 0.34 | 0.45 | 0.66 | 0.68 |
| Equity turnover | 0.86 | 1.04 | 1.64 | 1.61 |
| Profitability ratios | ||||
| EBITDA margin | 9% | 10% | 1% | 9% |
| Operating profit margin | -5% | 1% | -8% | 1% |
| Net profit margin | -4% | -1% | -7% | 0% |
| 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 |
Expectations of the municipal
About the company
- Official nameUAB „Šilalės šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code176502533
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionŠilalė district municipality
- Share belonging to the Municipal100%
ROE
0.3%
Number of employees
31
Financial data provided as at end-December 2023
Management
- Ernestas AušraChief Executive Officer
Information as of: 2024/04/30
