Financial statements First 11

Balance sheet of First 11

Company age:

Age:

9 y. 4 m. 27 d.

Share capital:

100 000 PLN

Year	2019	2020
Total assets	1 536 154,94	1 912 757,97
A. Fixed assets	540 049,64	376 319,35
B. Current assets	996 105,30	1 536 438,62
C. Share capital contributions (basic funds)	50,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	1 536 154,94	1 912 757,97
A. Equity	346 547,00	33 465,19
B. Liabilities and provisions for liabilities	1 189 607,94	1 879 292,78
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	402 352,94	1 085 440,98

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.