Financial statements Artystyczne Cantores Varmienses

Balance sheet of Artystyczne Cantores Varmienses

Company age:

Age:

10 y. 8 m. 5 d.

Balance

Year	2022	2023
Total assets	61 102,30	81 112,65
A. Fixed assets	38,25	0,00
B. Current assets	61 064,05	81 112,65
C. Share capital contributions (basic funds)	-	0,00
D. Own shares (stocks)	-	-
Total liabilities	61 102,30	81 112,65
A. Equity	58 874,58	76 359,46
B. Liabilities and provisions for liabilities	2 227,72	4 753,19
I. Long-term liabilities	638,70	0,00
II. Short-term liabilities	1 589,02	4 753,19

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.