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
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 805 | 682 | 890 | 1,229 |
| Cost of goods sold | 691 | 607 | 684 | 994 |
| Gross profit (loss) | 115 | 75 | 206 | 235 |
| Gross profit margin | 14% | 11% | 23% | 19% |
| Operating expenses | 104 | 104 | 117 | 123 |
| Operating profit (loss) | -11 | -48 | 74 | 93 |
| Operating profit margin | -1% | -7% | 8% | 8% |
| EBITDA | 380 | 335 | 447 | 446 |
| EBITDA margin | 47% | 49% | 50% | 36% |
| Net profit (loss) | 24 | -32 | 91 | 90 |
| Net profit margin | 3% | -5% | 10% | 7% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 4,853 | 4,519 | 4,177 | 4,009 |
| Intangible assets | 4 | 0 | 8 | 5 |
| Tangible assets | 4,845 | 4,515 | 4,169 | 4,004 |
| Financial assets | ||||
| Other non-current assets | 4 | 4 | 0 | 0 |
| Current assets | 469 | 714 | 1,099 | 1,273 |
| Inventories and prepaid expenses | 69 | 58 | 75 | 148 |
| Accounts receivable in one year | 170 | 179 | 256 | 356 |
| Other current assets | ||||
| Cash and cash equivalents | 229 | 477 | 768 | 769 |
| Total assets | 5,325 | 5,236 | 5,279 | 5,284 |
| Equity | 3,923 | 3,891 | 3,982 | 4,071 |
| Grants and subsidies | 1,233 | 1,141 | 1,060 | 989 |
| Liabilities | 95 | 125 | 157 | 143 |
| Financial liabilities | 0 | 0 | 0 | 0 |
| Long-term liabilities | ||||
| Short-term liabilities | 95 | 125 | 157 | 143 |
| Equity and liabilities | 5,325 | 5,236 | 5,279 | 5,284 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 0% | -1% | 2% | 2% |
| Return on equity (ROE) | 1% | -1% | 2% | 2% |
| Return on capital employed (ROCE) | -0% | -1% | 2% | 2% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Ratio | 4.96 | 5.71 | 6.99 | 8.93 |
| Quick ratio | 4.23 | 5.24 | 6.51 | 7.89 |
| Turnover ratios | ||||
| Asset turnover | 0.15 | 0.13 | 0.17 | 0.23 |
| Fixed asset turnover | 0.17 | 0.15 | 0.21 | 0.31 |
| Equity turnover | 0.21 | 0.18 | 0.22 | 0.30 |
| Profitability ratios | ||||
| EBITDA margin | 47% | 49% | 50% | 36% |
| Operating profit margin | -1% | -7% | 8% | 8% |
| Net profit margin | 3% | -5% | 10% | 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 |
Financial statments
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
2.2%
Number of employees
16
Financial data provided as at end-December 2022
