Financial statements Elron
Revenue and profit of ELRON
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
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Net sales | 52 095 142,39 | 124 172 909,48 | 130 331 558,70 | 219 384 918,59 | 206 998 950,19 | 132 174 617,08 |
Operating activity costs | 52 021 573,45 | 123 754 017,17 | 129 742 636,09 | 218 709 577,94 | 205 693 362,69 | 130 486 962,33 |
Sales profit | 73 568,94 | 418 892,31 | 588 922,61 | 675 340,65 | 1 305 587,50 | 1 687 654,75 |
Other operating income | 18,44 | 0,00 | 12 063,56 | 10 118,40 | 14 204,95 | 211 959,51 |
Other operating expenses | 0,01 | 492,14 | 22 594,89 | 10 000,00 | 49 612,83 | 91 172,45 |
Operating profit (loss) | 73 587,37 | - | - | - | - | 1 808 441,81 |
Gross profit (loss) | 69 106,45 | 413 148,51 | 523 101,34 | 579 203,99 | 752 294,55 | 1 045 124,61 |
Net profit (loss) | 55 976,45 | 333 390,51 | 426 610,34 | 455 352,99 | 600 410,55 | 1 045 124,61 |
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.