Financial statements Art Fm
Revenue and profit of ART FM
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
---|---|---|---|---|---|---|
Net sales | 8 088 646,00 | 3 857 157,26 | 3 646 027,03 | 8 124 422,04 | 6 154 366,27 | 4 303 163,90 |
Operating activity costs | 7 823 740,76 | 3 772 045,39 | 3 928 749,31 | 7 696 261,81 | 5 848 461,61 | 4 811 340,05 |
Sales profit | 264 905,24 | 85 111,87 | -282 722,28 | 428 160,23 | 305 904,66 | -508 176,15 |
Other operating income | 13 021,38 | 37 975,17 | 70 031,29 | 265 332,01 | 17 437,31 | 12 835,27 |
Other operating expenses | 48 185,64 | 28 770,09 | 57 308,60 | 85 761,05 | 171 152,89 | 42 687,34 |
Operating profit (loss) | 229 740,98 | 94 316,95 | -269 999,59 | 607 731,19 | 152 189,08 | -538 028,22 |
Gross profit (loss) | 206 678,54 | 71 620,16 | -294 962,72 | 554 923,59 | 134 283,67 | -602 629,57 |
Net profit (loss) | 206 678,54 | 71 620,16 | -294 962,72 | 535 038,59 | 134 283,67 | -602 629,57 |
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.