Šilutės šilumos tinklai
UAB Šilutės šilumos tinklai was registered on August 10, 1994. Main activities of the company – centralized supply of heating and hot water to consumers. Other services – maintenance of hot water and heat meters, maintenance of internal heating and hot water systems, hydraulic tests and flushing of heating pipelines with cogeneration water.
Financial results
P/L Statment
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue | 5,339 | 5,557 | 5,215 | 4,918 |
| Cost of goods sold | 5,227 | 4,662 | 4,540 | 4,571 |
| Gross profit (loss) | 112 | 894 | 675 | 347 |
| Gross profit margin | 2% | 16% | 13% | 7% |
| Operating expenses | 361 | 437 | 459 | 515 |
| Operating profit (loss) | -316 | 383 | 143 | -239 |
| Operating profit margin | -6% | 7% | 3% | -5% |
| EBITDA | 901 | 1,315 | 817 | 992 |
| EBITDA margin | 17% | 24% | 16% | 20% |
| Net profit (loss) | 16 | 508 | 34 | 204 |
| Net profit margin | 0% | 9% | 1% | 4% |
Balance sheet
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Non-current assets | 8,732 | 8,441 | 8,393 | 8,046 |
| Intangible assets | 10 | 15 | 24 | 20 |
| Tangible assets | 8,703 | 8,404 | 8,346 | 8,001 |
| Financial assets | 6 | 6 | 6 | 6 |
| Other non-current assets | 14 | 16 | 17 | 20 |
| Current assets | 2,021 | 1,437 | 1,276 | 1,526 |
| Inventories and prepaid expenses | 523 | 366 | 353 | 324 |
| Accounts receivable in one year | 1,399 | 939 | 792 | 916 |
| Other current assets | ||||
| Cash and cash equivalents | 99 | 132 | 132 | 287 |
| Total assets | 10,761 | 9,886 | 9,678 | 9,580 |
| Equity | 4,087 | 4,595 | 4,629 | 4,833 |
| Grants and subsidies | 3,296 | 3,072 | 3,077 | 2,955 |
| Liabilities | 3,369 | 2,209 | 1,963 | 1,785 |
| Financial liabilities | 1,947 | 1,609 | 1,366 | 1,111 |
| Long-term liabilities | 1,484 | 1,311 | 559 | 392 |
| Short-term liabilities | 1,885 | 898 | 1,404 | 1,394 |
| Equity and liabilities | 10,761 | 9,886 | 9,678 | 9,580 |
Financial ratios
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | 5% | 0% | 2% |
| Return on equity (ROE) | 0% | 12% | 1% | 4% |
| Return on capital employed (ROCE) | -6% | 6% | 3% | -5% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.18 | 0.16 | 0.14 | 0.12 |
| Current Ratio | 1.07 | 1.60 | 0.91 | 1.10 |
| Quick ratio | 0.79 | 1.19 | 0.66 | 0.86 |
| Turnover ratios | ||||
| Asset turnover | 0.50 | 0.56 | 0.54 | 0.51 |
| Fixed asset turnover | 0.61 | 0.66 | 0.62 | 0.61 |
| Equity turnover | 1.31 | 1.21 | 1.13 | 1.02 |
| Profitability ratios | ||||
| EBITDA margin | 17% | 24% | 16% | 20% |
| Operating profit margin | -6% | 7% | 3% | -5% |
| Net profit margin | 0% | 9% | 1% | 4% |
| 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 „Šilutės šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code177217875
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionŠilutė district municipality
- Share indirectly belonging to the Municipal0%
- Contacts https://silutesst.lt/
ROE
4.3%
Number of employees
67
Financial data provided as at end-December 2024
Management
- Vaidotas MačiulisChief Executive Officer
Information as of: 2026-06-01
