Širvintų šiluma
UAB Širvintų šiluma was registered on August 21, 2000. Main activities of the company – production and supply of heat and hot water, operation and construction of heat network and boiler plants, maintenance of internal heating and hot water systems.
Financial results
P/L Statment
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | 2,258 | 2,753 | 2,947 | 2,675 |
| Cost of goods sold | 1,803 | 2,487 | 2,606 | 2,337 |
| Gross profit (loss) | 455 | 266 | 341 | 339 |
| Gross profit margin | 20% | 10% | 12% | 13% |
| Operating expenses | 403 | 275 | 293 | 379 |
| Operating profit (loss) | 53 | -9 | 48 | -41 |
| Operating profit margin | 2% | -0% | 2% | -2% |
| EBITDA | 489 | 428 | 299 | 301 |
| EBITDA margin | 22% | 16% | 10% | 11% |
| Net profit (loss) | 198 | 137 | 37 | -37 |
| Net profit margin | 9% | 5% | 1% | -1% |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 3,479 | 3,268 | 3,073 | 2,862 |
| Intangible assets | 6 | 5 | 10 | 7 |
| Tangible assets | 3,469 | 3,259 | 3,059 | 2,851 |
| Financial assets | 4 | 4 | 4 | 4 |
| Other non-current assets | ||||
| Current assets | 1,408 | 1,458 | 1,525 | 1,495 |
| Inventories and prepaid expenses | 186 | 277 | 219 | 166 |
| Accounts receivable in one year | 842 | 946 | 690 | 711 |
| Other current assets | ||||
| Cash and cash equivalents | 380 | 235 | 615 | 617 |
| Total assets | 4,901 | 4,738 | 4,612 | 4,381 |
| Equity | 2,612 | 2,749 | 2,786 | 2,749 |
| Grants and subsidies | 723 | 699 | 632 | 564 |
| Liabilities | 1,306 | 997 | 855 | 694 |
| Financial liabilities | 715 | 506 | 319 | 145 |
| Long-term liabilities | 514 | 303 | 145 | |
| Short-term liabilities | 791 | 693 | 710 | 694 |
| Equity and liabilities | 4,901 | 4,738 | 4,612 | 4,381 |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 4% | 3% | 1% | -1% |
| Return on equity (ROE) | 8% | 5% | 1% | -1% |
| Return on capital employed (ROCE) | 2% | -0% | 2% | -1% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.15 | 0.11 | 0.07 | 0.03 |
| Current Ratio | 1.78 | 2.10 | 2.15 | 2.15 |
| Quick ratio | 1.55 | 1.70 | 1.84 | 1.91 |
| Turnover ratios | ||||
| Asset turnover | 0.46 | 0.58 | 0.64 | 0.61 |
| Fixed asset turnover | 0.65 | 0.84 | 0.96 | 0.93 |
| Equity turnover | 0.86 | 1.00 | 1.06 | 0.97 |
| Profitability ratios | ||||
| EBITDA margin | 22% | 16% | 10% | 11% |
| Operating profit margin | 2% | -0% | 2% | -2% |
| Net profit margin | 9% | 5% | 1% | -1% |
| 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 „Širvintų šiluma“
- Legal formPrivate limited liability company (UAB)
- Company code278312850
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionŠirvintai district municipality
- Share belonging to the Municipal99.9%
- Contacts https://sirvintusiluma.lt/
ROE
-1.3%
Number of employees
63
Financial data provided as at end-December 2024
Management
- Liudmila BraškienėChief Executive Officer
Information as of: 2025/06/01
