Utenos šilumos tinklai

UAB Utenos šilumos tinklai was established on July 1, 1997 after reorganization of AB Lietuvos energija. Main activities of the company – production and supply of heat and hot water. Company has permission to generate electricity.
Financial results
P/L Statment
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Revenue | 6,541 | 5,908 | 6,449 | 10,372 |
Cost of goods sold | 5,233 | 4,609 | 5,031 | 9,249 |
Gross profit (loss) | 1,308 | 1,299 | 1,419 | 1,123 |
Gross profit margin | 20% | 22% | 22% | 11% |
Operating expenses | 1,121 | 1,141 | 1,153 | 1,351 |
Operating profit (loss) | 39 | 15 | 148 | -351 |
Operating profit margin | 1% | 0% | 2% | -3% |
EBITDA | 2,048 | 1,235 | 1,656 | 1,168 |
EBITDA margin | 31% | 21% | 26% | 11% |
Net profit (loss) | 894 | 267 | 597 | 159 |
Net profit margin | 14% | 5% | 9% | 2% |
Balance sheet
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Non-current assets | 14,947 | 14,617 | 13,878 | 14,119 |
Intangible assets | 57 | 43 | 37 | 32 |
Tangible assets | 14,881 | 14,565 | 13,831 | 14,077 |
Financial assets | 10 | 10 | 10 | 10 |
Other non-current assets | 0 | 0 | 0 | 0 |
Current assets | 7,172 | 7,270 | 7,940 | 8,289 |
Inventories and prepaid expenses | 914 | 691 | 689 | 1,323 |
Accounts receivable in one year | 1,033 | 1,274 | 1,335 | 2,738 |
Other current assets | 0 | 0 | 0 | |
Cash and cash equivalents | 5,225 | 5,305 | 5,916 | 4,228 |
Total assets | 22,128 | 21,898 | 21,829 | 22,418 |
Equity | 16,836 | 16,633 | 16,929 | 16,959 |
Grants and subsidies | 4,824 | 4,660 | 4,277 | 3,843 |
Liabilities | 466 | 605 | 621 | 1,615 |
Financial liabilities | 10 | 0 | 0 | 0 |
Long-term liabilities | 0 | 0 | 0 | 0 |
Short-term liabilities | 466 | 605 | 621 | 1,615 |
Equity and liabilities | 22,128 | 21,898 | 21,829 | 22,418 |
Financial ratios
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 4% | 1% | 3% | 1% |
Return on equity (ROE) | 5% | 2% | 4% | 1% |
Return on capital employed (ROCE) | 0% | 0% | 1% | -2% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.00 | 0.00 | 0.00 | 0.00 |
Current Ratio | 15.38 | 12.02 | 12.79 | 5.13 |
Quick ratio | 13.42 | 10.88 | 11.68 | 4.31 |
Turnover ratios | ||||
Asset turnover | 0.30 | 0.27 | 0.30 | 0.46 |
Fixed asset turnover | 0.44 | 0.40 | 0.46 | 0.73 |
Equity turnover | 0.39 | 0.36 | 0.38 | 0.61 |
Profitability ratios | ||||
EBITDA margin | 31% | 21% | 26% | 11% |
Operating profit margin | 1% | 0% | 2% | -3% |
Net profit margin | 14% | 5% | 9% | 2% |
Other ratios | ||||
Dividends to the Municipality | 467.98 | 298.71 | 129.48 | 0.00 |
Dividends paid / net profit | 0.52 | 1.12 | 0.22 | 0.00 |
Financial statments
Expectations of the municipal
About the company
- Official nameUAB „Utenos šilumos tinklai“
- Legal formPrivate limited liability company (UAB)
- Company code183843314
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionUtena district municipality
- Share indirectly belonging to the Municipal0%
ROE
0.9%
Number of employees
66
Financial data provided as at end-December 2022