Ukmergės šiluma
UAB Ukmergės šiluma was registered on September 12, 1997. Main activities of the company – supply of hot water and heating. Company provides heating services for households, public institutions and businesses in Ukmergė district.
Financial results
P/L Statment
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue | 3,735 | 3,102 | 4,682 | 7,486 |
| Cost of goods sold | 3,506 | 2,812 | 4,276 | 6,854 |
| Gross profit (loss) | 229 | 290 | 405 | 633 |
| Gross profit margin | 6% | 9% | 9% | 8% |
| Operating expenses | 625 | 301 | 321 | 315 |
| Operating profit (loss) | -396 | -12 | 84 | 317 |
| Operating profit margin | -11% | -0% | 2% | 4% |
| EBITDA | 100 | 545 | 479 | 733 |
| EBITDA margin | 3% | 18% | 10% | 10% |
| Net profit (loss) | -729 | 44 | 32 | 232 |
| Net profit margin | -20% | 1% | 1% | 3% |
Balance sheet
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Non-current assets | 4,403 | 4,563 | 4,432 | 4,291 |
| Intangible assets | 13 | 14 | 7 | 8 |
| Tangible assets | 4,314 | 4,468 | 4,386 | 4,265 |
| Financial assets | 76 | 82 | 39 | 18 |
| Other non-current assets | ||||
| Current assets | 1,047 | 892 | 1,467 | 1,907 |
| Inventories and prepaid expenses | 150 | 92 | 170 | 336 |
| Accounts receivable in one year | 761 | 714 | 1,223 | 1,073 |
| Other current assets | ||||
| Cash and cash equivalents | 136 | 86 | 74 | 497 |
| Total assets | 5,452 | 5,457 | 5,901 | 6,214 |
| Equity | 1,423 | 1,467 | 1,499 | 1,732 |
| Grants and subsidies | 580 | 671 | 634 | 620 |
| Liabilities | 3,448 | 3,318 | 3,767 | 3,173 |
| Financial liabilities | 3,019 | 2,778 | 2,564 | 2,320 |
| Long-term liabilities | 2,634 | 2,333 | 2,120 | 1,865 |
| Short-term liabilities | 814 | 985 | 1,648 | 1,309 |
| Equity and liabilities | 5,452 | 5,457 | 5,901 | 6,215 |
Financial ratios
| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | -13% | 1% | 1% | 4% |
| Return on equity (ROE) | -41% | 3% | 2% | 14% |
| Return on capital employed (ROCE) | -10% | -0% | 2% | 9% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.55 | 0.51 | 0.43 | 0.37 |
| Current Ratio | 1.29 | 0.91 | 0.89 | 1.46 |
| Quick ratio | 1.10 | 0.81 | 0.79 | 1.20 |
| Turnover ratios | ||||
| Asset turnover | 0.69 | 0.57 | 0.79 | 1.20 |
| Fixed asset turnover | 0.85 | 0.68 | 1.06 | 1.74 |
| Equity turnover | 2.62 | 2.11 | 3.12 | 4.32 |
| Profitability ratios | ||||
| EBITDA margin | 3% | 18% | 10% | 10% |
| Operating profit margin | -11% | -0% | 2% | 4% |
| Net profit margin | -20% | 1% | 1% | 3% |
| 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 „Ukmergės šiluma“
- Legal formPrivate limited liability company (UAB)
- Company code182714850
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionUkmergė district municipality
- Share belonging to the Municipal99.98%
ROE
14.4%
Number of employees
36
Financial data provided as at end-December 2022
Management
- Vydas PaknysChief Executive Officer
Information as of: 4/30/2023
