Tauragės šilumos tinklai

UAB Tauragės šilumos tinklai was registered on August 10, 1998. Main activities of the company – supply of steam and hot water to Tauragė city, Eičiai, Taurai and Tarailiai settlements. Other services – sale of pollution permits and vehicle rental.
Financial results
P/L Statment
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 3,032 | 2,874 | 2,717 | 3,057 |
Cost of goods sold | 2,697 | 2,627 | 2,459 | 2,708 |
Gross profit (loss) | 335 | 247 | 258 | 349 |
Gross profit margin | 11% | 9% | 9% | 11% |
Operating expenses | 481 | 390 | 386 | 351 |
Operating profit (loss) | -146 | -143 | -128 | -2 |
Operating profit margin | -5% | -5% | -5% | -0% |
EBITDA | 493 | 544 | 359 | 484 |
EBITDA margin | 16% | 19% | 13% | 16% |
Net profit (loss) | 10 | 35 | -137 | 4 |
Net profit margin | 0% | 1% | -5% | 0% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 7,871 | 7,640 | 7,221 | 6,837 |
Intangible assets | 16 | 6 | 10 | 7 |
Tangible assets | 7,723 | 7,615 | 7,166 | 6,784 |
Financial assets | ||||
Other non-current assets | 133 | 20 | 45 | 46 |
Current assets | 1,491 | 1,575 | 1,108 | 915 |
Inventories and prepaid expenses | 567 | 778 | 424 | 269 |
Accounts receivable in one year | 516 | 690 | 514 | 486 |
Other current assets | ||||
Cash and cash equivalents | 408 | 107 | 170 | 160 |
Total assets | 9,400 | 9,222 | 8,336 | 7,759 |
Equity | 4,253 | 4,284 | 4,143 | 4,147 |
Grants and subsidies | 2,140 | 2,177 | 2,077 | 1,972 |
Liabilities | 3,007 | 2,761 | 2,116 | 1,640 |
Financial liabilities | 2,468 | 2,313 | 1,655 | 1,124 |
Long-term liabilities | 1,670 | 940 | 1,517 | 695 |
Short-term liabilities | 1,337 | 1,821 | 598 | 945 |
Equity and liabilities | 9,400 | 9,222 | 8,336 | 7,759 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 0% | 0% | -2% | 0% |
Return on equity (ROE) | 0% | 1% | -3% | 0% |
Return on capital employed (ROCE) | 2% | 2% | -3% | 1% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.58 | 0.54 | 0.40 | 0.27 |
Current Ratio | 1.12 | 0.86 | 1.85 | 0.97 |
Quick ratio | 0.69 | 0.44 | 1.14 | 0.68 |
Turnover ratios | ||||
Asset turnover | 0.36 | 0.31 | 0.31 | 0.38 |
Fixed asset turnover | 0.43 | 0.37 | 0.37 | 0.43 |
Equity turnover | 0.71 | 0.67 | 0.64 | 0.74 |
Profitability ratios | ||||
EBITDA margin | 16% | 19% | 13% | 16% |
Operating profit margin | -5% | -5% | -5% | -0% |
Net profit margin | 0% | 1% | -5% | 0% |
Other ratios | ||||
Dividends to the Municipality | ||||
Dividends paid / net profit |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB Tauragės šilumos tinklai
- Legal formPrivate limited liability company (UAB)
- Company code179478621
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionTauragė district municipality
- Share belonging to the Municipal99.99%
ROE
0.1%
Number of employees
59
Financial data provided as at end-December 2021