Kauno kogeneracinė jėgainė
One of the most modern cogeneration plants in the Baltic States, the Kaunas cogeneration plant converts household and non-hazardous industrial waste left over after sorting and unsuitable for recycling into electricity and heat. The plant can produce almost half of Kaunas’ heat needs. Date of establishment and register: 27 February 2015.
Financial results
P/L Statment
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Revenue | 29,106 | 59,371 | 53,563 | 53,862 |
| Cost of goods sold | 9,673 | 13,356 | 11,775 | 10,706 |
| Gross profit (loss) | 19,433 | 46,015 | 41,788 | 43,156 |
| Gross profit margin | 67% | 78% | 78% | 80% |
| Operating expenses | ||||
| Operating profit (loss) | 7,192 | 28,443 | 29,781 | 30,922 |
| Operating profit margin | 25% | 48% | 56% | 57% |
| EBITDA | 13,109 | 34,411 | 35,762 | 36,955 |
| EBITDA margin | 45% | 58% | 67% | 69% |
| Net profit (loss) | 7,225 | 26,805 | 25,388 | 26,418 |
| Net profit margin | 25% | 45% | 47% | 49% |
| Revenue |
| Cost of goods sold |
| Gross profit (loss) |
| Gross profit margin |
| Operating expenses |
| Operating profit (loss) |
| Operating profit margin |
| EBITDA |
| EBITDA margin |
| Net profit (loss) |
| Net profit margin |
Balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Non-current assets | 139,423 | 141,498 | 129,697 | 123,014 |
| Intangible assets | 2,091 | 1,912 | 1,743 | 1,620 |
| Tangible assets | 133,303 | 127,733 | 122,503 | 118,271 |
| Financial assets | 773 | 612 | 501 | 595 |
| Other non-current assets | 3,256 | 11,241 | 4,950 | 2,528 |
| Current assets | 26,932 | 56,420 | 49,326 | 48,948 |
| Inventories and prepaid expenses | 8,685 | 17,471 | 13,783 | 12,887 |
| Accounts receivable in one year | 3,066 | 7,155 | 8,488 | 7,154 |
| Other current assets | 1,056 | 0 | 0 | |
| Cash and cash equivalents | 14,125 | 31,794 | 27,055 | 28,907 |
| Total assets | 166,392 | 197,987 | 179,110 | 172,111 |
| Equity | 44,222 | 77,916 | 69,392 | 70,674 |
| Grants and subsidies | ||||
| Liabilities | 115,619 | 110,733 | 103,118 | 96,930 |
| Financial liabilities | 110,027 | 108,175 | 100,877 | 93,538 |
| Long-term liabilities | 12 | 100,833 | 93,529 | 86,180 |
| Short-term liabilities | 115,607 | 9,900 | 9,589 | 10,750 |
| Equity and liabilities | 166,392 | 197,987 | 179,110 | 172,111 |
| Non-current assets |
| Intangible assets |
| Tangible assets |
| Financial assets |
| Other non-current assets |
| Current assets |
| Inventories and prepaid expenses |
| Accounts receivable in one year |
| Other current assets |
| Cash and cash equivalents |
| Total assets |
| Equity |
| Grants and subsidies |
| Liabilities |
| Financial liabilities |
| Long-term liabilities |
| Short-term liabilities |
| Equity and liabilities |
Financial ratios
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Capital return ratios | ||||
| Return on assets (ROA) | 4% | 15% | 13% | 15% |
| Return on equity (ROE) | 18% | 44% | 34% | 38% |
| Return on capital employed (ROCE) | 16% | 16% | 18% | 20% |
| Capital structure and liquidity ratios | ||||
| Debt / asset ratio (D/A) | 0.66 | 0.55 | 0.56 | 0.54 |
| Current Ratio | 0.23 | 5.70 | 5.14 | 4.55 |
| Quick ratio | 0.16 | 3.93 | 3.71 | 3.35 |
| Turnover ratios | ||||
| Asset turnover | 0.17 | 0.30 | 0.30 | 0.31 |
| Fixed asset turnover | 0.21 | 0.42 | 0.41 | 0.44 |
| Equity turnover | 0.66 | 0.76 | 0.77 | 0.76 |
| Profitability ratios | ||||
| EBITDA margin | 45% | 58% | 67% | 69% |
| Operating profit margin | 25% | 48% | 56% | 57% |
| Net profit margin | 25% | 45% | 47% | 49% |
| Other ratios | ||||
| Dividends to the State | 0.00 | 14,905.26 | 12,310.89 | 0.00 |
| Dividends paid / net profit | 0.00 | 0.56 | 0.48 | 0.00 |
| Capital return ratios |
| Return on assets (ROA) |
| Return on equity (ROE) |
| Return on capital employed (ROCE) |
| Capital structure and liquidity ratios |
| Debt / asset ratio (D/A) |
| Current Ratio |
| Quick ratio |
| Turnover ratios |
| Asset turnover |
| Fixed asset turnover |
| Equity turnover |
| Profitability ratios |
| EBITDA margin |
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| Dividends to the State |
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About the company
- Official nameUAB Kauno kogeneracinė jėgainė
- Legal formPrivate limited liability company (UAB)
- Company code303792888
- SectorEnergy
- Line of businessThermal power plant burning municipal waste
- Accountability„Ignitis grupė“ group of companies
- Share indirectly belonging to the State51%
- Contacts https://kkj.lt/
ROE
37.7%
Number of employees
43
Financial data provided as at end-December 2024
Management
- Ramūnas PaškauskasChief Executive Officer
Term of office expires: 2028/01/01
The information is relevant
Board of Directors
CHAIRMAN OF THE BOARD OF DIRECTORS
- Mantas BartuškaIndependent Member
MEMBERS OF THE BOARD OF DIRECTORS
- Mantas MikalajūnasAB "Ignitis grupė“, Group Chief Regulatory Officer
- Paulius MartinkusUAB "Gren Lietuva"
Term of office expires: 2028/04/29
The information is relevant
