Financial statements Elnet
Revenue and profit of ELNET
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 10 829 276,69 | 14 542 565,52 | 16 015 739,02 | 8 339 773,97 | 25 425 221,06 | 48 601 367,64 |
| Operating activity costs | 9 141 383,21 | 13 104 616,36 | 13 513 339,95 | 8 348 059,39 | 21 366 413,11 | 38 626 570,19 |
| Sales profit | 1 687 893,48 | 1 437 949,16 | 2 502 399,07 | -8 285,42 | 4 058 807,95 | 9 974 797,45 |
| Other operating income | 19 016,13 | 129 322,24 | 142 167,26 | 775 811,41 | 191 448,36 | 120 029,04 |
| Other operating expenses | 34 223,18 | 107 485,22 | 58 745,46 | 91 081,48 | 72 440,39 | 117 016,99 |
| Operating profit (loss) | 1 672 686,43 | 1 459 786,18 | 2 585 820,87 | 676 444,51 | 4 177 815,92 | - |
| Gross profit (loss) | 1 640 817,26 | 1 430 576,28 | 2 586 536,31 | 635 500,83 | 3 965 010,72 | 9 781 018,34 |
| Net profit (loss) | 1 317 470,26 | 1 153 534,28 | 2 065 355,31 | 527 796,83 | 3 203 451,72 | 7 835 169,34 |
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.