• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

Municipality Owned Enterprises

Financial results

P/L Statment

2017 2018 2019 2020
Revenue 3,304 3,559 3,359 2,831
Cost of goods sold 2,955 3,422 3,307 2,774
Gross profit (loss) 349 136 52 57
Gross profit margin 11% 4% 2% 2%
Operating expenses 491 409 414 395
Operating profit (loss) -142 -273 -362 -337
Operating profit margin -4% -8% -11% -12%
EBITDA 342 260 251 316
EBITDA margin 10% 7% 7% 11%
Net profit (loss) -78 -151 -216 -262
Net profit margin -2% -4% -6% -9%

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 127

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 134

Balance sheet

2017 2018 2019 2020
Non-current assets 7,115 7,717 9,701 9,383
Intangible assets 8 12 5 2
Tangible assets 7,047 7,615 9,569 9,207
Financial assets 6 6 6 6
Other non-current assets 53 84 121 168
Current assets 1,150 1,286 949 936
Inventories and prepaid expenses 260 322 252 259
Accounts receivable in one year 571 714 573 525
Other current assets 0 0 0 0
Cash and cash equivalents 318 250 123 69
Total assets 8,293 9,039 10,709 10,345
Equity 4,761 4,610 4,395 4,132
Grants and subsidies 1,976 2,179 3,328 3,363
Liabilities 1,547 2,223 2,969 2,836
Financial liabilities 1,287 1,189 2,581 2,261
Long-term liabilities 644 493 1,641 1,331
Short-term liabilities 904 1,730 1,328 1,505
Equity and liabilities 8,293 9,039 10,709 10,345

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 234

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 241

Financial ratios

2017 2018 2019 2020
Capital return ratios
Return on assets (ROA) 0% 0% 0% 0%
Return on equity (ROE) 0% 0% 0% 0%
Return on capital employed (ROCE) 0% -4% -4% -5%
Capital structure and liquidity ratios
Debt / asset ratio (D/A) 0.00 0.26 0.59 0.55
Current Ratio 0.00 0.74 0.71 0.62
Quick ratio 0.00 0.56 0.52 0.45
Turnover ratios
Asset turnover 0.00 0.41 0.34 0.27
Fixed asset turnover 0.00 0.48 0.39 0.30
Equity turnover 0.00 0.76 0.75 0.66
Profitability ratios
EBITDA margin 0% 7% 7% 11%
Operating profit margin 0% -8% -11% -12%
Net profit margin 0% -4% -6% -9%
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

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 376

Warning: Invalid argument supplied for foreach() in /home/sipa/domains/governance.lt/public_html/wp-content/themes/itbrolis/single-svi.php on line 383

Financial statments

Expectations of the municipal

About the company

  • Official nameUAB „Šilutės šilumos tinklai“
  • Legal formPrivate limited liability company (UAB)
  • Company code177217875
  • SectorHeating networks
  • Line of businessHeat networks
  • Representing institutionŠilutė district municipality
  • Share belonging to the Municipal99.9%
https://silutesst.lt/
ROE

-6.2%

Number of employees

69

Financial data provided as at end-December 2020