Financial statements Fast Baltic
Revenue and profit of FAST BALTIC
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 14 872 029,51 | 14 292 155,11 | 14 893 132,80 | 18 454 685,37 | 30 336 156,33 | 22 802 175,60 |
| Operating activity costs | 13 729 490,93 | 13 424 276,97 | 13 254 863,61 | 16 565 100,13 | 27 325 679,24 | 21 483 830,03 |
| Sales profit | 1 142 538,58 | 867 878,14 | 1 638 269,19 | 1 889 585,24 | 3 010 477,09 | 1 318 345,57 |
| Other operating income | 21 958,00 | 250 235,66 | 135 213,95 | 18 659,63 | 8 616,27 | 7 611,74 |
| Other operating expenses | 37 276,66 | 18 928,00 | 381 574,66 | 36 445,00 | 21 841,12 | 12 627,65 |
| Operating profit (loss) | 1 127 219,92 | 1 099 185,80 | 1 391 908,48 | 1 871 799,87 | 2 997 252,24 | 1 313 329,66 |
| Gross profit (loss) | 1 205 882,49 | 1 088 981,31 | 1 576 399,05 | 1 864 089,22 | 3 126 072,59 | 1 023 039,56 |
| Net profit (loss) | 982 284,49 | 871 344,31 | 1 218 665,05 | 1 483 055,22 | 2 521 861,59 | 813 915,56 |
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.