Financial statements Argo Group

Balance sheet of Argo Group

Company age:

Age:

12 y. 10 m. 23 d.

Share capital:

5 000 PLN

Year	2021	2022
Total assets	244 267,36	298 414,77
A. Fixed assets	14 404,11	6 508,21
B. Current assets	229 863,25	291 906,56
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	244 267,36	298 414,77
A. Equity	197 701,49	229 026,45
B. Liabilities and provisions for liabilities	46 565,87	69 388,32
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	46 565,87	69 388,32

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.