Financial statements Argo
Revenue and profit of ARGO
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 8 461 127,29 | 8 084 049,88 | 9 913 754,48 | 10 170 108,96 | 14 673 946,46 | 12 574 412,32 |
| Operating activity costs | 7 150 762,27 | 7 557 124,86 | 8 141 765,82 | 8 283 520,01 | 11 729 132,35 | 9 920 023,50 |
| Sales profit | 1 310 365,02 | 526 925,02 | 1 771 988,66 | 1 886 588,95 | 2 944 814,11 | 2 654 388,82 |
| Other operating income | 826,09 | 4 367,43 | 71 033,80 | 172 786,99 | 57 638,16 | 241 826,91 |
| Other operating expenses | 125 180,46 | 33 029,14 | 219,13 | 29 936,71 | 158 452,31 | 97 749,00 |
| Operating profit (loss) | 1 186 010,65 | 498 263,31 | 1 842 803,33 | 2 029 439,23 | 2 843 999,96 | 2 798 466,73 |
| Gross profit (loss) | 1 173 285,20 | 554 861,02 | 1 857 972,96 | 2 137 916,35 | 2 750 056,60 | 2 556 609,41 |
| Net profit (loss) | 940 648,20 | 435 337,02 | 1 497 059,96 | 1 749 722,35 | 2 192 691,60 | 2 006 958,41 |
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.