Ignalinos šilumos tinklai, UAB - financials and debts

Company age: 26 y. 1 mo.

Update

Ignalinos šilumos tinklai - Company finances

EUR
2018
From: 2018-01-01
To: 2018-12-31
2019
From: 2019-01-01
To: 2019-12-31
2020
From: 2020-01-01
To: 2020-12-31
2021
From: 2021-01-01
To: 2021-12-31
2022
From: 2022-01-01
To: 2022-12-31
2023
From: 2023-01-01
To: 2023-12-31
2024
From: 2024-01-01
To: 2024-12-31
2025
From: 2025-01-01
To: 2025-12-31
Financial data
Sales revenue 1,430,253 1,321,180 1,214,672 1,525,935 1,940,602 2,059,575 2,228,779 2,279,638
Profit before tax -258,414 -257,661 -215,450 -124,439 -186,489 -183,202 5,060 -63,238
Net profit -258,414 -257,661 -215,450 -124,439 -186,489 -183,202 5,060 -63,238
Equity 1,556,137 1,508,474 1,539,649 1,765,208 1,944,817 2,264,168 2,343,694 2,280,456
Liabilities 2,262,967 2,185,612 1,959,063 1,461,569 2,398,064 1,773,121 1,613,824 1,581,142
Non-current assets 4,417,220 4,265,066 3,947,956 3,633,790 4,475,821 4,209,733 3,975,922 3,739,692
Current assets 584,204 533,315 577,102 541,516 772,260 649,212 719,147 848,270
Total assets 5,001,424 4,798,381 4,525,058 4,175,306 5,248,081 4,858,945 4,695,069 4,587,962
Taxes paid
STI taxes - - - - - 66,174 175,102 277,628
Social insurance contributions - - - - - 161,473 196,951 215,550
Financial indicators
Revenue change y/y +0.5% -7.6% -8.1% +25.6% +27.2% +6.1% +8.2% +2.3%
ROA Return on Assets (ROA). The ratio of net profit to assets. Indicates the company's efficiency. -5.2% -5.4% -4.8% -3.0% -3.6% -3.8% 0.1% -1.4%
ROE Return on equity. The ratio of net profit to equity. Shows the return to shareholders. -16.6% -17.1% -14.0% -7.0% -9.6% -8.1% 0.2% -2.8%
Profit margin Net profit margin. Shows the overall profitability of the company. -18.1% -19.5% -17.7% -8.2% -9.6% -8.9% 0.2% -2.8%
EBT% EBT (Earnings Before Taxes) to revenue ratio. Shows the overall profitability of the company. -18.1% -19.5% -17.7% -8.2% -9.6% -8.9% 0.2% -2.8%
Liabilities/Equity The debt-to-equity ratio shows the company's capital structure. 1.5 1.4 1.3 0.8 1.2 0.8 0.7 0.7
Revenue per employee Ratio of revenue to the average annual number of employees. Indicates company efficiency. 29,490 28,210 28,581 36,260 47,428 51,922 53,384 59,084

Purchase full financial statements

Profit/Loss, Balance Sheet, Cash Flow, Equity

9.99 € + PVM Buy

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Ignalinos šilumos tinklai - Social security debts

From To Debt, €
2023-02-06 2023-02-06 19.57
2023-02-01 2023-02-03 19.57
2023-01-26 2023-01-26 18.64
2023-01-17 2023-01-25 19.57
2022-06-16 2022-06-20 10873.79
2022-01-28 2022-01-31 0.42

Ignalinos šilumos tinklai - VMI tax arrears

The company had no tax arrears (debts) to the State Tax Inspectorate

VMI debt information has been collected since 2024-10-07. Debts for older periods will not be displayed.

Analysis of the company's financial position

This description was generated by artificial intelligence. Report if inaccurate.
Ignalinos šilumos tinklai, UAB (code 155634880) is a Private Limited Liability Company engaged in steam and hot water supply. In 2025, the company generated revenue of €2.28M, up 2.3% year on year and 10.7% over two years. Profitability weakened after a small profit in 2024: net profit turned to a loss of €63.2K in 2025, corresponding to a profit margin of -2.8%. In 2023, revenue was €2.06M and the company posted a net loss of €183.2K, so the latest result remains weaker than the 2024 turnaround but better than 2023. The balance sheet in 2025 shows total assets of €4.59M, equity of €2.28M and liabilities of €1.58M. Equity represented 49.7% of assets, while debt-to-equity stood at 0.69 and asset turnover at 0.50x. Long-term assets were €3.74M and short-term assets €848.3K. Revenue per employee was €60.0K, and profit per employee was -€1.7K, indicating moderate operating scale but limited profitability in the latest financial year.