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Litgrid AB (Lithuania)

Main Activities: Electric Power Transmission, Control, and Distribution
Full name: Litgrid AB Profile Updated: July 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

litgrid is a power transmission system operator. The company manages the national electricity balance, ensures the quality of electrical energy in the transmission network, and provides power transmission services to high voltage electricity network users. litgrid also plans to develop the Lithuanian electricity transmission network and is implementing the country's strategic ambition to synchronize with the continental European electric networks. They have developed a Center for Renewables and have conducted studies on the joint management of hydroelectric and power battery technologies to increase the efficiency of the sector and contribute to the development of renewable energy sources. litgrid has also tested the potential of accumulators to contribute to the development of renewable resources.

Headquarters
Karlo Gustavo Emilio Manerheimo g. 8
Vilnius; Vilnius county;

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Website: http://www.litgrid.eu

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 16, 2010
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Member of the Management Board
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Member of the Management Board
Ownership Details
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97.5%
Subsidiaries
TETAS UAB
100%
Tinklo Prieziuros Centras UAB
100%
BALTPOOL UAB
67%
Company Performance
Financial values in the chart are available after Litgrid AB report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
110.72%
Total operating revenue
18.19%
Operating profit (EBIT)
16.02%
EBITDA
14.42%
Net Profit (Loss) for the Period
22.48%
Total assets
10.49%
Total equity
25.07%
Operating Profit Margin (ROS)
-12.07%
Net Profit Margin
-10.29%
Return on Equity (ROE)
-0.25%
Debt to Equity Ratio
-7.28%
Quick Ratio
0.89%
Cash Ratio
0%

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