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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 2,073 | 1,957 | 1,828 | 2,258 |
Cost of goods sold | 2,004 | 1,912 | 1,627 | 1,803 |
Gross profit (loss) | 69 | 45 | 201 | 455 |
Gross profit margin | 3% | 2% | 11% | 20% |
Operating expenses | 273 | 295 | 333 | 403 |
Operating profit (loss) | -204 | -250 | -132 | 53 |
Operating profit margin | -10% | -13% | -7% | 2% |
EBITDA | 196 | 349 | 477 | 571 |
EBITDA margin | 9% | 18% | 26% | 25% |
Net profit (loss) | -118 | 10 | 87 | 198 |
Net profit margin | -6% | 1% | 5% | 9% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 3,176 | 2,908 | 3,617 | 3,479 |
Intangible assets | 27 | 25 | 15 | 6 |
Tangible assets | 2,989 | 2,723 | 3,598 | 3,469 |
Financial assets | 4 | 4 | 4 | 4 |
Other non-current assets | 155 | 155 | ||
Current assets | 1,140 | 1,141 | 1,105 | 1,408 |
Inventories and prepaid expenses | 191 | 144 | 89 | 186 |
Accounts receivable in one year | 765 | 758 | 733 | 842 |
Other current assets | ||||
Cash and cash equivalents | 184 | 238 | 284 | 380 |
Total assets | 4,353 | 4,091 | 4,735 | 4,901 |
Equity | 2,511 | 2,521 | 2,414 | 2,612 |
Grants and subsidies | 625 | 545 | 465 | 723 |
Liabilities | 1,103 | 886 | 1,653 | 1,306 |
Financial liabilities | 476 | 320 | 679 | 715 |
Long-term liabilities | 456 | 287 | 261 | 514 |
Short-term liabilities | 647 | 599 | 1,392 | 791 |
Equity and liabilities | 4,353 | 4,091 | 4,735 | 4,901 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | -3% | 0% | 2% | 4% |
Return on equity (ROE) | -5% | 0% | 4% | 8% |
Return on capital employed (ROCE) | -7% | 0% | 6% | 10% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.19 | 0.13 | 0.28 | 0.27 |
Current Ratio | 1.76 | 1.90 | 0.79 | 1.78 |
Quick ratio | 1.47 | 1.66 | 0.73 | 1.55 |
Turnover ratios | ||||
Asset turnover | 0.47 | 0.46 | 0.41 | 0.47 |
Fixed asset turnover | 0.63 | 0.64 | 0.56 | 0.64 |
Equity turnover | 0.81 | 0.78 | 0.74 | 0.90 |
Profitability ratios | ||||
EBITDA margin | 9% | 18% | 26% | 25% |
Operating profit margin | -10% | -13% | -7% | 2% |
Net profit margin | -6% | 1% | 5% | 9% |
Other ratios | ||||
Dividends to the Municipality | ||||
Dividends paid / net profit |
Financial statments
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
7.9%
Number of employees
59
Financial data provided as at end-December 2021