Financial statements Abak System
Revenue and profit of ABAK SYSTEM
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|---|---|---|---|---|---|
Net sales | 5 477 849,68 | 4 180 157,86 | 2 513 742,88 | 3 535 781,34 | 3 247 042,67 | 3 396 182,98 |
Operating activity costs | 4 015 705,40 | 2 875 128,77 | 2 427 866,51 | 2 967 655,01 | 2 923 612,34 | 3 368 939,33 |
Sales profit | 1 462 144,28 | 1 305 029,09 | 85 876,37 | 568 126,33 | 323 430,33 | 27 243,65 |
Other operating income | 67 339,25 | 40 506,50 | 248 589,80 | 2 431,59 | 12 142,99 | 66 666,67 |
Other operating expenses | 0,00 | 0,00 | 11 784,56 | 10 300,00 | 18 000,00 | 8 959,97 |
Operating profit (loss) | - | 1 345 535,59 | 322 681,61 | 560 257,92 | 317 573,32 | 84 950,35 |
Gross profit (loss) | 0,00 | 1 345 535,59 | 322 681,61 | 557 933,90 | 317 573,32 | 84 950,35 |
Net profit (loss) | 229 423,00 | 1 089 883,59 | 293 640,61 | 503 974,90 | 287 773,32 | 66 366,35 |
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.