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
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Revenue | 6,829 | 6,541 | 5,908 | 6,450 |
Cost of goods sold | 5,371 | 5,233 | 4,609 | 5,031 |
Gross profit (loss) | 1,458 | 1,308 | 1,299 | 1,419 |
Gross profit margin | 21% | 20% | 22% | 22% |
Operating expenses | 1,119 | 1,269 | 1,284 | 1,270 |
Operating profit (loss) | 339 | 39 | 15 | 149 |
Operating profit margin | 5% | 1% | 0% | 2% |
EBITDA | 1,850 | 2,048 | 1,235 | 1,656 |
EBITDA margin | 27% | 31% | 21% | 26% |
Net profit (loss) | 787 | 894 | 267 | 597 |
Net profit margin | 12% | 14% | 5% | 9% |
Balance sheet
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Non-current assets | 16,015 | 14,947 | 14,617 | 13,878 |
Intangible assets | 35 | 57 | 43 | 37 |
Tangible assets | 15,970 | 14,881 | 14,565 | 13,831 |
Financial assets | 10 | 10 | 10 | 10 |
Other non-current assets | ||||
Current assets | 6,222 | 7,172 | 7,270 | 7,940 |
Inventories and prepaid expenses | 1,166 | 914 | 691 | 689 |
Accounts receivable in one year | 1,231 | 1,033 | 1,274 | 1,335 |
Other current assets | ||||
Cash and cash equivalents | 3,825 | 5,225 | 5,305 | 5,916 |
Total assets | 22,247 | 22,128 | 21,898 | 21,829 |
Equity | 16,542 | 16,836 | 16,633 | 16,929 |
Grants and subsidies | 5,187 | 4,824 | 4,660 | 4,277 |
Liabilities | 515 | 466 | 605 | 621 |
Financial liabilities | 4 | 10 | ||
Long-term liabilities | 12 | |||
Short-term liabilities | 503 | 466 | 605 | 621 |
Equity and liabilities | 22,247 | 22,128 | 21,898 | 21,829 |
Financial ratios
2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 4% | 4% | 1% | 3% |
Return on equity (ROE) | 5% | 5% | 2% | 4% |
Return on capital employed (ROCE) | 8% | 10% | 3% | 7% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.00 | 0.00 | ||
Current Ratio | 12.37 | 15.38 | 12.02 | 12.79 |
Quick ratio | 10.05 | 13.42 | 10.88 | 11.68 |
Turnover ratios | ||||
Asset turnover | 0.31 | 0.29 | 0.27 | 0.29 |
Fixed asset turnover | 0.44 | 0.42 | 0.40 | 0.45 |
Equity turnover | 0.42 | 0.39 | 0.35 | 0.38 |
Profitability ratios | ||||
EBITDA margin | 27% | 31% | 21% | 26% |
Operating profit margin | 5% | 1% | 0% | 2% |
Net profit margin | 12% | 14% | 5% | 9% |
Other ratios | ||||
Dividends to the Municipality | 597.42 | 467.98 | 298.71 | 129.48 |
Dividends paid / net profit | 0.76 | 0.52 | 1.12 | 0.22 |
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 belonging to the Municipal99.57%
ROE
3.6%
Number of employees
67
Financial data provided as at end-December 2021