Financial statements Abyss Glass Group
Revenue and profit of ABYSS GLASS GROUP
| 
                    Year
                     | 
                                    
                         
                            2018
                                                     
                     | 
                                    
                         
                            2019
                                                     
                     | 
                                    
                         
                            2020
                                                     
                     | 
                                    
                         
                            2021
                                                     
                     | 
                                    
                         
                            2022
                                                     
                     | 
                                    
                         
                            2023
                                                     
                     | 
                            
|---|---|---|---|---|---|---|
| Net sales | 394 604,07 | 368 683,58 | 202 773,01 | 60 600,00 | 14 900,00 | 87 698,00 | 
| Operating activity costs | 1 088 848,75 | 1 208 681,44 | 323 403,03 | 80 520,64 | 36 321,73 | 80 884,40 | 
| Sales profit | -694 244,68 | -839 997,86 | -120 630,02 | -19 920,64 | -21 421,73 | 6 813,60 | 
| Other operating income | 9 032,65 | 191,09 | 7 535,77 | 155,46 | 10 091,11 | 268,70 | 
| Other operating expenses | 13,70 | 872,29 | 88 224,65 | 18 377,34 | 344,99 | 1,43 | 
| Operating profit (loss) | -685 225,73 | -840 679,06 | -201 318,90 | -38 142,52 | -11 675,61 | 7 080,87 | 
| Gross profit (loss) | -688 589,96 | -848 556,49 | -207 288,93 | -38 437,58 | -13 321,54 | 7 200,79 | 
| Net profit (loss) | -688 589,96 | -848 556,49 | -207 288,93 | -38 437,58 | -13 321,54 | 7 200,79 | 
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.