Financial statements Ab Industry
Revenue and profit of AB INDUSTRY
| Year | 
                            2018
                                                     | 
                            2019
                                                     | 
                            2020
                                                     | 
                            2021
                                                     | 
                            2022
                                                     | 
                            2023
                                                     | 
|---|---|---|---|---|---|---|
| Net sales | 58 876 629,38 | 83 012 371,53 | 85 772 658,85 | 95 223 045,75 | 253 325 814,25 | 211 730 953,98 | 
| Operating activity costs | 52 512 617,97 | 78 522 710,22 | 78 432 699,40 | 92 778 141,96 | 229 462 072,10 | 191 454 479,52 | 
| Sales profit | 6 364 011,41 | 4 489 661,31 | 7 339 959,45 | 2 444 903,79 | 23 863 742,15 | 20 276 474,46 | 
| Other operating income | 4 158 506,47 | 811 879,51 | 4 659 614,97 | 5 564 966,10 | 5 272 501,60 | 4 938 874,29 | 
| Other operating expenses | 12 894 259,30 | 3 965 444,59 | 7 339 789,62 | 4 378 697,19 | 14 461 839,68 | 17 166 371,65 | 
| Operating profit (loss) | -2 371 741,42 | 1 336 096,23 | 4 659 784,80 | 3 631 172,70 | 14 674 404,07 | 8 048 977,10 | 
| Gross profit (loss) | -2 435 131,67 | 1 293 527,77 | 4 646 431,58 | 3 591 249,43 | 14 672 787,54 | 7 191 135,33 | 
| Net profit (loss) | -3 127 470,67 | 2 276 249,77 | 4 293 788,58 | 2 047 611,43 | 10 221 285,54 | 6 312 724,24 | 
Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.
                    - Sales Revenue - Revenue obtained from the sale of goods, products, or services during a given reporting period.li>
- Cost of Goods Sold - Costs directly related to the production or purchase of the products, goods, or services sold.
- Gross Profit from Sales - The difference between sales revenue and the cost of goods sold.
- Income Tax - The amount of income tax payable on gross profit in accordance with tax regulations.
- Net Profit - The profit after deducting all costs, including income tax.
- Amortization - Amortization is an accounting method used to gradually reduce the book value of a loan or intangible asset over a specific time frame. For loans, it involves distributing payments across the repayment period. When applied to assets, amortization functions similarly to depreciation.
- Employee Costs - Costs related to salaries, social benefits, and other employment-related expenses.
- Selling Costs - Costs related to sales activities, including expenses for advertising, marketing, transportation, etc.
- General Administrative Costs - Costs related to maintaining the company's operational activities, including administrative expenses.
- Operating Profit (EBIT) - Profit before deducting interest and taxes, calculated as the difference between revenue and operating costs.
- Financial Income - Income earned from financial activities, such as interest, dividends, and gains from securities.
- Financial Costs - Costs related to financial activities, such as interest on loans and losses from trading securities.
- Gross Profit - Profit before taxation, taking into account the company's operating and financial activities.
- Other Operating Income - Income related to operating activities that do not directly result from sales, such as the sale of assets.
- Other Operating Costs - Costs related to operating activities that are not directly tied to the core business, such as losses from the sale of assets.
- Interest Income - Income earned from interest on bank deposits, bonds, or other financial instruments.
- Interest Costs - Costs incurred from interest on loans, borrowings, or bonds.
- Earnings Per Share (EPS) -
- - Profit attributable to one common share, calculated as net profit divided by the number of shares.
- Profit Before Tax - Profit earned after accounting for all operating and financial costs, but before tax deduction.
- Gain on Sale of Assets - Profit earned from the sale of fixed assets or other components of the company's property.
- External Services Costs - Costs related to services provided by external entities, such as transportation, repair, or consulting services.
- Compensation and Penalty Costs - Costs incurred for the payment of compensation, contractual penalties, or other liabilities arising from court or administrative decisions.
- Grants and Subsidies - Income earned from grants, subsidies, or other forms of financial support received from the government or other institutions.
- Research and Development (R&D) Costs - Costs incurred for research and development activities aimed at innovation and improving products or services.
- Bank Fees and Commissions - Costs incurred for bank services, including account management, financial transaction processing, and other banking services.
- License Income - Income earned from granting licenses for the use of intellectual property rights, such as patents or trademarks.
- Promotion and Advertising Costs - Costs related to marketing activities, promotion, and advertising of products or services.
