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
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 1,957 | 1,828 | 2,258 | 2,753 |
Cost of goods sold | 1,912 | 1,627 | 1,803 | 2,487 |
Gross profit (loss) | 45 | 201 | 455 | 266 |
Gross profit margin | 2% | 11% | 20% | 10% |
Operating expenses | 295 | 333 | 403 | 275 |
Operating profit (loss) | -250 | -132 | 53 | -9 |
Operating profit margin | -13% | -7% | 2% | -0% |
EBITDA | 349 | 477 | 489 | 428 |
EBITDA margin | 18% | 26% | 22% | 16% |
Net profit (loss) | 10 | 87 | 198 | 137 |
Net profit margin | 1% | 5% | 9% | 5% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 2,908 | 3,617 | 3,479 | 3,268 |
Intangible assets | 25 | 15 | 6 | 5 |
Tangible assets | 2,723 | 3,598 | 3,469 | 3,259 |
Financial assets | 4 | 4 | 4 | 4 |
Other non-current assets | 155 | 0 | ||
Current assets | 1,141 | 1,105 | 1,408 | 1,458 |
Inventories and prepaid expenses | 144 | 89 | 186 | 277 |
Accounts receivable in one year | 758 | 733 | 842 | 946 |
Other current assets | ||||
Cash and cash equivalents | 238 | 284 | 380 | 235 |
Total assets | 4,091 | 4,735 | 4,901 | 4,738 |
Equity | 2,521 | 2,414 | 2,612 | 2,749 |
Grants and subsidies | 545 | 465 | 723 | 699 |
Liabilities | 886 | 1,653 | 1,306 | 997 |
Financial liabilities | 320 | 679 | 715 | 506 |
Long-term liabilities | 287 | 261 | 514 | 303 |
Short-term liabilities | 599 | 1,392 | 791 | 693 |
Equity and liabilities | 4,091 | 4,735 | 4,901 | 4,738 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 0% | 2% | 4% | 3% |
Return on equity (ROE) | 0% | 4% | 8% | 5% |
Return on capital employed (ROCE) | -9% | -5% | 2% | -0% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.08 | 0.14 | 0.15 | 0.11 |
Current Ratio | 1.90 | 0.79 | 1.78 | 2.10 |
Quick ratio | 1.66 | 0.73 | 1.55 | 1.70 |
Turnover ratios | ||||
Asset turnover | 0.48 | 0.39 | 0.46 | 0.58 |
Fixed asset turnover | 0.67 | 0.51 | 0.65 | 0.84 |
Equity turnover | 0.78 | 0.76 | 0.86 | 1.00 |
Profitability ratios | ||||
EBITDA margin | 18% | 26% | 22% | 16% |
Operating profit margin | -13% | -7% | 2% | -0% |
Net profit margin | 1% | 5% | 9% | 5% |
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 |
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
5.1%
Number of employees
62
Financial data provided as at end-December 2022