LITGRID AB financials
LITGRID AB
Country: LT Reporting currency: EUR Latest annual report: 2025-12-31
LEI:
529900CTIUKTEFNNH157 Financial statements
(EUR, as reported — unscaled; 99 line items across 3 annual periods)
| Line item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income statement | |||
| Revenue | €429.3M | €375.9M | — |
| Other income | €1.8M | €2.5M | — |
| Operating expenses | €382.2M | €317.8M | — |
| Employee benefits expense | €24.2M | €20.6M | — |
| Depreciation & amortisation | €23.3M | €22.6M | — |
| Operating profit (EBIT) | €24.4M | €37.3M | — |
| Net finance income / (cost) | €3.4M | €5.8M | — |
| Finance costs | €341.0K | €392.0K | — |
| Profit before tax | €27.8M | €43.1M | — |
| Income tax expense | -€6.4M | -€5.9M | — |
| Profit for the year | €34.2M | €49.0M | — |
| Total comprehensive income | €34.0M | €48.8M | — |
| Per share | |||
| Basic EPS | €0.07 | €0.10 | — |
| Diluted EPS | €0.07 | €0.10 | — |
| Free cash flow / share | €-0.28 | €-0.15 | — |
| Cash flow statement | |||
| Net cash from operating activities | €43.0M | €105.4M | — |
| Net cash from investing activities | -€7.1M | -€69.9M | — |
| Net cash from financing activities | -€31.6M | -€36.0M | — |
| Dividends paid | €24.6M | €29.2M | — |
| Repayments of borrowings | €6.1M | €6.1M | — |
| Lease liability payments | €483.0K | €434.0K | — |
| Balance sheet | |||
| Total assets | €816.4M | €820.3M | €677.4M |
| Non-current assets | €553.6M | €467.3M | €412.6M |
| Property, plant & equipment | €525.9M | €445.5M | €395.2M |
| Right-of-use assets | €4.5M | €4.9M | €5.4M |
| Current assets | €262.8M | €353.1M | €264.8M |
| Inventories | €66.0K | €61.0K | €41.0K |
| Trade & other receivables | €61.2M | €50.0M | €26.9M |
| Cash & equivalents | €4.4M | €113.0K | €634.0K |
| Total equity | €267.5M | €258.2M | €238.7M |
| Non-current liabilities | €346.7M | €350.7M | €300.1M |
| Long-term borrowings | €18.0M | €22.0M | €28.1M |
| Lease liabilities (non-current) | €4.3M | €4.6M | €5.0M |
| Current liabilities | €202.2M | €211.4M | €138.7M |
| Current portion of long-term borrowings | €4.0M | €6.2M | €6.2M |
| Lease liabilities (current) | €361.0K | €454.0K | €455.0K |
| Trade & other payables | €79.0M | €112.9M | €56.2M |
| Derived metrics | |||
| Free cash flow | -€142.7M | -€76.0M | — |
| Operating margin | 5.7% | 9.9% | — |
| Net margin | 8.0% | 13.0% | — |
| Return on equity | 12.8% | 19.0% | — |
| Cash conversion ratio | 1.26× | 2.15× | — |
| Capex coverage | 0.23× | 0.58× | — |
| Other reported items | |||
| Adjustments For Decrease Increase In Inventories | -€26.0K | €584.0K | — |
| Adjustments For Decrease Increase In Other Assets | -€8.0K | €248.0K | — |
| Adjustments For Decrease Increase In Trade and Other Receivables | -€17.9M | -€23.3M | — |
| Adjustments For Depreciation and Amortisation Expense | €23.3M | €22.6M | — |
| Adjustments For Finance Income Cost | -€3.4M | -€5.8M | — |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | €1.2M | €173.0K | — |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment | €0 | €480.0K | — |
| Adjustments For Income Tax Expense | €6.4M | €5.9M | — |
| Adjustments For Increase Decrease In Trade and Other Payables | €11.6M | €67.5M | — |
| Adjustments For Provisions | €505.0K | €196.0K | — |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -€31.0K | -€54.0K | — |
| Current Provisions | €169.0K | €83.0K | €1.6M |
| Current Tax Assets Current | €0 | €0 | €28.9M |
| Deferred Tax Assets | €18.9M | €12.8M | €7.1M |
| Deferred Tax Expense Income | €228.0K | €245.0K | — |
| Deferred Tax Expense Income Recognised In Profit Or Loss | -€6.4M | -€5.9M | — |
| Dividends Received Classified As Investing Activities | €53.0K | €0 | — |
| Dividends Recognised As Distributions To Owners Per Share | €0.05 | €0.06 | — |
| Equity and Liabilities | €816.4M | €820.3M | €677.4M |
| Finance Income | €3.7M | €6.2M | — |
| Financial Assets At Amortised Cost | €158.2M | €270.3M | €171.9M |
| Increase Decrease In Cash and Cash Equivalents | €4.3M | -€521.0K | — |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 | — |
| Increase Decrease Through Transactions With Owners | -€24.7M | -€29.3M | — |
| Increase Decrease Through Transfers and Other Changes Equity | €0 | €0 | — |
| Intangible Assets Other Than Goodwill | €4.2M | €4.0M | €4.9M |
| Interest Paid Classified As Financing Activities | €334.0K | €400.0K | — |
| Interest Received Classified As Investing Activities | €4.1M | €6.1M | — |
| Investments In Joint Ventures Accounted For Using Equity Method | €77.0K | €99.0K | €45.0K |
| Issued Capital | €146.3M | €146.3M | €146.3M |
| Liabilities | €548.9M | €562.1M | €438.7M |
| Losses On Disposals of Property Plant and Equipment | €1.2M | €653.0K | — |
| Noncurrent Provisions | €1.1M | €704.0K | €823.0K |
| Other Adjustments For Noncash Items | €353.0K | €86.0K | — |
| Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow | €523.0K | €0 | — |
| Other Comprehensive Income | -€228.0K | -€267.0K | — |
| Other Comprehensive Income Net of Tax Gains Losses On Revaluation | €0 | -€22.0K | — |
| Other Current Financial Liabilities | €4.9M | €3.6M | €33.9M |
| Other Current Nonfinancial Assets | €38.9M | €32.6M | €36.3M |
| Other Current Nonfinancial Liabilities | €26.5M | €6.9M | €3.5M |
| Other Expense By Nature | €17.6M | €15.4M | — |
| Other Inflows Outflows of Cash Classified As Financing Activities | €0 | €91.0K | — |
| Other Inflows Outflows of Cash Classified As Investing Activities | €109.4M | -€99.0M | — |
| Other Noncurrent Financial Liabilities | €261.0K | €0 | €131.0K |
| Other Noncurrent Nonfinancial Liabilities | €10.6M | €14.6M | €1.7M |
| Other Reserves | €43.2M | €500.0K | €40.0K |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €523.0K | €381.0K | — |
| Proceeds From Government Grants Classified As Investing Activities | €2.5M | €68.7M | — |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €185.7M | €181.4M | — |
| Repairs and Maintenance Expense | €11.5M | €10.3M | — |
| Retained Earnings | €35.9M | €67.4M | €48.4M |
| Revaluation Surplus | €19.0M | €20.8M | €23.3M |
| Revenue and Operating Income | €431.1M | €378.3M | — |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | €31.0K | €54.0K | — |
| Share Premium | €8.6M | €8.6M | €8.6M |
| Statutory Reserve | €14.6M | €14.6M | €12.1M |
Methodology
Every line item above is a fact tagged in LITGRID AB's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.