Financial statements Advantage Development

Balance sheet of Advantage Development

Company age:

Age:

4 y. 23 d.

Share capital:

5 000 PLN

Year	2021	2023
Total assets	856 133,53	987 011,97
A. Fixed assets	503 299,37	505 430,89
B. Current assets	352 834,16	481 581,08
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	856 133,53	987 011,97
A. Equity	284 643,61	545 318,65
B. Liabilities and provisions for liabilities	571 489,92	441 693,32
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	571 489,92	441 693,32

Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.

Fixed Assets - Assets held for a longer period, typically longer than a year, such as real estate or machinery.
Current Assets - Assets intended to be used or sold within a year, such as inventory, receivables, and cash.
Equity - The net value of a company's assets, representing the difference between its assets and liabilities.
Long-Term Liabilities - Financial obligations to be repaid over a period longer than a year, such as loans or bonds.
Short-Term Liabilities - Financial obligations to be repaid within a year, such as payables to suppliers or short-term loans.
Reserve Capital - A portion of equity set aside for specific purposes, such as covering losses or business development.