Financial statements Argo
Revenue and profit of ARGO
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 65 712 830,86 | 63 905 534,32 | 55 137 231,41 | 65 797 832,45 | 67 398 507,00 | 69 186 073,00 |
| Operating activity costs | 58 088 484,39 | 58 676 663,62 | 50 595 287,41 | 60 617 979,16 | 64 311 132,76 | 65 605 953,12 |
| Sales profit | 7 624 346,47 | 5 228 870,70 | 4 541 944,00 | 5 179 853,29 | 3 087 374,24 | 3 580 119,88 |
| Other operating income | 311 748,22 | 492 975,96 | 803 620,20 | 1 994 469,10 | 203 005,75 | 560 777,77 |
| Other operating expenses | 343 943,56 | 341 317,30 | 516 088,74 | 225 800,01 | 658 532,30 | 419 498,66 |
| Operating profit (loss) | 7 592 151,13 | 5 380 529,36 | 4 829 475,46 | 6 948 522,38 | 2 631 847,69 | 3 721 398,99 |
| Gross profit (loss) | 7 629 050,08 | 5 438 182,80 | 5 014 980,25 | 6 392 877,97 | 2 485 484,45 | 4 294 439,40 |
| Net profit (loss) | 6 188 217,08 | 4 365 577,80 | 4 046 527,25 | 5 443 610,97 | 2 150 308,45 | 3 418 039,40 |
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.