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
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue | 1,257 | 1,209 | 1,004 | 1,207 |
| Cost of goods sold | 1,141 | 930 | 793 | 970 |
| Gross profit (loss) | 116 | 279 | 211 | 237 |
| Gross profit margin | 9% | 23% | 21% | 20% |
| Operating expenses | 231 | 260 | 266 | 230 |
| Operating profit (loss) | -115 | 19 | -55 | 8 |
| Operating profit margin | -9% | 2% | -5% | 1% |
| EBITDA | 103 | 204 | 92 | 128 |
| EBITDA margin | 8% | 17% | 9% | 11% |
| Net profit (loss) | -94 | 83 | -42 | -7 |
| Net profit margin | -7% | 7% | -4% | -1% |
Balance sheet
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Non-current assets | 2,841 | 3,117 | 2,937 | 2,708 |
| Intangible assets | 6 | 7 | 5 | 6 |
| Tangible assets | 2,743 | 3,018 | 2,840 | 2,610 |
| Financial assets | ||||
| Other non-current assets | 92 | 92 | 92 | 92 |
| Current assets | 343 | 448 | 378 | 450 |
| Inventories and prepaid expenses | 133 | 165 | 136 | 147 |
| Accounts receivable in one year | 206 | 262 | 242 | 298 |
| Other current assets | ||||
| Cash and cash equivalents | 4 | 20 | 0 | 4 |
| Total assets | 3,185 | 3,565 | 3,315 | 3,158 |
| Equity | 1,129 | 1,212 | 1,170 | 1,163 |
| Grants and subsidies | 1,552 | 1,635 | 1,516 | 1,395 |
| Liabilities | 503 | 718 | 629 | 599 |
| Financial liabilities | 272 | 562 | 504 | 415 |
| Long-term liabilities | 75 | 377 | 327 | 261 |
| Short-term liabilities | 428 | 342 | 302 | 338 |
| Equity and liabilities | 3,185 | 3,565 | 3,315 | 3,158 |
Financial ratios
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -3% | 2% | -1% | -0% |
| Return on equity (ROE) | -8% | 7% | -4% | -1% |
| Return on capital employed (ROCE) | -6% | 6% | -2% | 0% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.24 | 0.46 | 0.43 | 0.36 |
| Current Ratio | 0.80 | 1.31 | 1.25 | 1.33 |
| Quick ratio | 0.49 | 0.83 | 0.80 | 0.89 |
| Turnover ratios | ||||
| Asset turnover | 0.38 | 0.36 | 0.29 | 0.37 |
| Fixed asset turnover | 0.43 | 0.41 | 0.33 | 0.43 |
| Equity turnover | 1.07 | 1.03 | 0.84 | 1.03 |
| Profitability ratios | ||||
| EBITDA margin | 8% | 17% | 9% | 11% |
| Operating profit margin | -9% | 2% | -5% | 1% |
| Net profit margin | -7% | 7% | -4% | -1% |
| Other ratios | ||||
| Dividends to the Municipality | ||||
| Dividends paid / net profit |
Financial statments
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
-0.6%
Number of employees
32
Financial data provided as at end-December 2021
