Varėnos šiluma

UAB Varėnos šiluma was established on April 28, 2000. Main activities of the company – production and supply of heat and hot water in Varėna district.
Financial results
P/L Statment
2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Revenue | 2,358 | 2,425 | 2,365 | 2,074 |
Cost of goods sold | 2,159 | 2,319 | 2,247 | 1,908 |
Gross profit (loss) | 199 | 106 | 117 | 166 |
Gross profit margin | 8% | 4% | 5% | 8% |
Operating expenses | 242 | 254 | 267 | 263 |
Operating profit (loss) | -43 | -148 | -149 | -97 |
Operating profit margin | -2% | -6% | -6% | -5% |
EBITDA | 335 | 424 | 320 | 422 |
EBITDA margin | 14% | 17% | 14% | 20% |
Net profit (loss) | -65 | 13 | -69 | 37 |
Net profit margin | -3% | 1% | -3% | 2% |
Balance sheet
2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Non-current assets | 5,980 | 5,512 | 5,034 | 4,616 |
Intangible assets | 5 | 2 | 4 | 10 |
Tangible assets | 5,973 | 5,509 | 5,029 | 4,606 |
Financial assets | 1 | 1 | 1 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 |
Current assets | 1,216 | 1,205 | 981 | 1,396 |
Inventories and prepaid expenses | 573 | 517 | 488 | 439 |
Accounts receivable in one year | 592 | 615 | 467 | 549 |
Other current assets | 0 | 0 | 0 | 0 |
Cash and cash equivalents | 50 | 73 | 26 | 407 |
Total assets | 7,200 | 6,720 | 6,017 | 6,015 |
Equity | 3,088 | 3,101 | 3,033 | 3,172 |
Grants and subsidies | 2,048 | 1,905 | 1,750 | 1,600 |
Liabilities | 2,064 | 1,713 | 1,235 | 1,242 |
Financial liabilities | 1,184 | 933 | 585 | 468 |
Long-term liabilities | 1,233 | 946 | 718 | 140 |
Short-term liabilities | 831 | 767 | 516 | 1,102 |
Equity and liabilities | 7,200 | 6,720 | 6,017 | 6,015 |
Financial ratios
2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Capital return ratios | ||||
Return on assets (ROA) | 0% | 0% | -1% | 1% |
Return on equity (ROE) | 0% | 0% | -2% | 1% |
Return on capital employed (ROCE) | 0% | 1% | -2% | 2% |
Capital structure and liquidity ratios | ||||
Debt / asset ratio (D/A) | 0.00 | 0.30 | 0.19 | 0.15 |
Current Ratio | 0.00 | 1.57 | 1.90 | 1.27 |
Quick ratio | 0.00 | 0.90 | 0.95 | 0.87 |
Turnover ratios | ||||
Asset turnover | 0.00 | 0.35 | 0.37 | 0.34 |
Fixed asset turnover | 0.00 | 0.42 | 0.45 | 0.43 |
Equity turnover | 0.00 | 0.78 | 0.77 | 0.67 |
Profitability ratios | ||||
EBITDA margin | 0% | 17% | 14% | 20% |
Operating profit margin | 0% | -6% | -6% | -5% |
Net profit margin | 0% | 1% | -3% | 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
About the company
- Official nameUAB „Varėnos šiluma“
- Legal formPrivate limited liability company (UAB)
- Company code184827583
- SectorHeating networks
- Line of businessHeat networks
- Representing institutionVarėna district municipality
- Share belonging to the Municipal99.6%
ROE
1.2%
Number of employees
81
Financial data provided as at end-December 2020