Skuodo šiluma
UAB Skuodo šiluma was registered on February 1, 2010. Main activity of the company – supply of steam, heat and hot water, maintenance of household heating and hot water systems and administration of apartment buildings.
Financial results
P/L Statment
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Revenue | 682 | 890 | 1,229 | 1,089 |
| Cost of goods sold | 607 | 684 | 994 | 872 |
| Gross profit (loss) | 75 | 206 | 235 | 217 |
| Gross profit margin | 11% | 23% | 19% | 20% |
| Operating expenses | 104 | 117 | 123 | 124 |
| Operating profit (loss) | -48 | 74 | 93 | 76 |
| Operating profit margin | -7% | 8% | 8% | 7% |
| EBITDA | 335 | 447 | 446 | 402 |
| EBITDA margin | 49% | 50% | 36% | 37% |
| Net profit (loss) | -32 | 91 | 90 | 76 |
| Net profit margin | -5% | 10% | 7% | 7% |
Balance sheet
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Non-current assets | 4,519 | 4,177 | 4,009 | 3,734 |
| Intangible assets | 0 | 8 | 5 | 3 |
| Tangible assets | 4,515 | 4,169 | 4,004 | 3,731 |
| Financial assets | ||||
| Other non-current assets | 4 | 0 | 0 | 0 |
| Current assets | 714 | 1,099 | 1,273 | 1,643 |
| Inventories and prepaid expenses | 58 | 75 | 148 | 85 |
| Accounts receivable in one year | 179 | 256 | 356 | 185 |
| Other current assets | ||||
| Cash and cash equivalents | 477 | 768 | 769 | 1,373 |
| Total assets | 5,236 | 5,279 | 5,284 | 5,381 |
| Equity | 3,891 | 3,982 | 4,071 | 4,147 |
| Grants and subsidies | 1,141 | 1,060 | 989 | 931 |
| Liabilities | 125 | 157 | 143 | 229 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 125 | 157 | 143 | 229 |
| Equity and liabilities | 5,236 | 5,279 | 5,284 | 5,381 |
Financial ratios
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -1% | 2% | 2% | 1% |
| Return on equity (ROE) | -1% | 2% | 2% | 2% |
| Return on capital employed (ROCE) | -1% | 2% | 2% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 5.71 | 6.99 | 8.93 | 7.17 |
| Quick ratio | 5.24 | 6.51 | 7.89 | 6.79 |
| Turnover ratios | ||||
| Asset turnover | 0.13 | 0.17 | 0.23 | 0.20 |
| Fixed asset turnover | 0.15 | 0.21 | 0.31 | 0.29 |
| Equity turnover | 0.18 | 0.22 | 0.30 | 0.26 |
| Profitability ratios | ||||
| EBITDA margin | 49% | 50% | 36% | 37% |
| Operating profit margin | -7% | 8% | 8% | 7% |
| Net profit margin | -5% | 10% | 7% | 7% |
| 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 „Skuodo šiluma“
- Legal formPrivate limited liability company (UAB)
- Company code273889830
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionSkuodas district municipality
- Share belonging to the Municipal100%
ROE
1.8%
Number of employees
15
Financial data provided as at end-December 2023
Management
- Tomas JurgutisChief Executive Officer
Information as of: 2024/04/30
