Financial statements Art Group
Revenue and profit of ART GROUP
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
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Net sales | 4 689 774,95 | 6 041 538,54 | 14 147 350,45 | 13 181 243,78 | 12 799 150,32 | 13 944 791,23 |
Operating activity costs | 4 511 111,95 | 5 584 351,42 | 14 220 943,36 | 12 683 302,59 | 12 654 781,79 | 12 987 417,84 |
Sales profit | 178 663,00 | 457 187,12 | -73 592,91 | 497 941,19 | 144 368,53 | 957 373,39 |
Other operating income | 54 296,22 | 56 375,44 | 121 181,97 | 131 012,49 | 169 968,86 | 121 791,80 |
Other operating expenses | 4 305,57 | 113 154,77 | 27 781,46 | 66 803,18 | 44 588,88 | 19 415,00 |
Operating profit (loss) | 228 653,65 | 400 407,79 | 19 807,60 | 562 150,50 | 269 748,51 | 1 059 750,19 |
Gross profit (loss) | 243 742,21 | 398 021,69 | 142 074,80 | 669 433,16 | 398 399,56 | 1 147 782,69 |
Net profit (loss) | 196 678,21 | 321 397,70 | 118 739,80 | 533 804,16 | 315 141,56 | 926 138,69 |
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.