Telšių šilumos tinklai
UAB Telšių šilumos tinklai was registered on April 15, 1997. Main activities of the company – supply of heat and rental of assets required for the production and supply of thermal energy.
Financial results
P/L Statment
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 336 | 309 | 291 | 284 |
Cost of goods sold | 239 | 215 | 194 | 189 |
Gross profit (loss) | 97 | 93 | 98 | 94 |
Gross profit margin | 29% | 30% | 34% | 33% |
Operating expenses | 80 | 90 | 89 | 113 |
Operating profit (loss) | 18 | 3 | 8 | -19 |
Operating profit margin | 5% | 1% | 3% | -7% |
EBITDA | 253 | 215 | 183 | 179 |
EBITDA margin | 75% | 70% | 63% | 63% |
Net profit (loss) | 16 | 3 | 10 | -7 |
Net profit margin | 5% | 1% | 4% | -2% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 2,305 | 2,094 | 2,092 | 2,161 |
Intangible assets | 0 | 0 | ||
Tangible assets | 2,289 | 2,078 | 2,076 | 2,145 |
Financial assets | 15 | 15 | 15 | 15 |
Other non-current assets | ||||
Current assets | 92 | 103 | 117 | 117 |
Inventories and prepaid expenses | 1 | 2 | 1 | 2 |
Accounts receivable in one year | 23 | 13 | 10 | 12 |
Other current assets | ||||
Cash and cash equivalents | 68 | 89 | 106 | 103 |
Total assets | 2,397 | 2,197 | 2,209 | 2,278 |
Equity | 1,921 | 1,924 | 1,935 | 1,928 |
Grants and subsidies | ||||
Liabilities | 476 | 272 | 274 | 350 |
Financial liabilities | 450 | 245 | 248 | 322 |
Long-term liabilities | 225 | 55 | 70 | 130 |
Short-term liabilities | 251 | 217 | 204 | 220 |
Equity and liabilities | 2,397 | 2,197 | 2,209 | 2,278 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 1% | 0% | 0% | -0% |
Return on equity (ROE) | 1% | 0% | 1% | -0% |
Return on capital employed (ROCE) | 1% | 0% | 0% | -1% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.19 | 0.11 | 0.11 | 0.14 |
Current Ratio | 0.37 | 0.47 | 0.57 | 0.53 |
Quick ratio | 0.36 | 0.47 | 0.57 | 0.52 |
Turnover ratios | ||||
Asset turnover | 0.14 | 0.14 | 0.13 | 0.12 |
Fixed asset turnover | 0.15 | 0.15 | 0.14 | 0.13 |
Equity turnover | 0.17 | 0.16 | 0.15 | 0.15 |
Profitability ratios | ||||
EBITDA margin | 75% | 70% | 63% | 63% |
Operating profit margin | 5% | 1% | 3% | -7% |
Net profit margin | 5% | 1% | 4% | -2% |
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 „Telšių šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code180373788
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionTelšiai district municipality
- Share belonging to the Municipal99.8%
ROE
-0.3%
Number of employees
3
Financial data provided as at end-December 2022
Management
- Jurgis StaševičiusChief Executive Officer
Information as of: 4/30/2023