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
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 1,828 | 2,258 | 2,753 | 2,947 |
| Cost of goods sold | 1,627 | 1,803 | 2,487 | 2,606 |
| Gross profit (loss) | 201 | 455 | 266 | 341 |
| Gross profit margin | 11% | 20% | 10% | 12% |
| Operating expenses | 333 | 403 | 275 | 293 |
| Operating profit (loss) | -132 | 53 | -9 | 48 |
| Operating profit margin | -7% | 2% | -0% | 2% |
| EBITDA | 477 | 489 | 428 | 324 |
| EBITDA margin | 26% | 22% | 16% | 11% |
| Net profit (loss) | 87 | 198 | 137 | 37 |
| Net profit margin | 5% | 9% | 5% | 1% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 3,617 | 3,479 | 3,268 | 3,073 |
| Intangible assets | 15 | 6 | 5 | 10 |
| Tangible assets | 3,598 | 3,469 | 3,259 | 3,059 |
| Financial assets | 4 | 4 | 4 | 4 |
| Other non-current assets | 0 | |||
| Current assets | 1,105 | 1,408 | 1,458 | 1,525 |
| Inventories and prepaid expenses | 89 | 186 | 277 | 219 |
| Accounts receivable in one year | 733 | 842 | 946 | 690 |
| Other current assets | ||||
| Cash and cash equivalents | 284 | 380 | 235 | 615 |
| Total assets | 4,735 | 4,901 | 4,738 | 4,612 |
| Equity | 2,414 | 2,612 | 2,749 | 2,786 |
| Grants and subsidies | 465 | 723 | 699 | 632 |
| Liabilities | 1,653 | 1,306 | 997 | 855 |
| Financial liabilities | 679 | 715 | 506 | 319 |
| Long-term liabilities | 261 | 514 | 303 | 145 |
| Short-term liabilities | 1,392 | 791 | 693 | 710 |
| Equity and liabilities | 4,735 | 4,901 | 4,738 | 4,612 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 2% | 4% | 3% | 1% |
| Return on equity (ROE) | 4% | 8% | 5% | 1% |
| Return on capital employed (ROCE) | -5% | 2% | -0% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.14 | 0.15 | 0.11 | 0.07 |
| Current Ratio | 0.79 | 1.78 | 2.10 | 2.15 |
| Quick ratio | 0.73 | 1.55 | 1.70 | 1.84 |
| Turnover ratios | ||||
| Asset turnover | 0.39 | 0.46 | 0.58 | 0.64 |
| Fixed asset turnover | 0.51 | 0.65 | 0.84 | 0.96 |
| Equity turnover | 0.76 | 0.86 | 1.00 | 1.06 |
| Profitability ratios | ||||
| EBITDA margin | 26% | 22% | 16% | 11% |
| Operating profit margin | -7% | 2% | -0% | 2% |
| Net profit margin | 5% | 9% | 5% | 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%
ROE
1.3%
Number of employees
60
Financial data provided as at end-December 2023
Management
- Liudmila BraškienėChief Executive Officer
Information as of: 2024/04/30
