Financial statements Frankie's

Balance sheet of Frankie's

Company age:

Age:

11 y. 7 m. 27 d.

Share capital:

5 000 PLN

Year	2018	2021
Total assets	181 605,55	24 927,93
A. Fixed assets	76 269,29	0,00
B. Current assets	105 336,26	24 927,93
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	181 605,55	24 927,93
A. Equity	-250 105,63	-279 915,20
B. Liabilities and provisions for liabilities	431 711,18	304 843,13
I. Long-term liabilities	162 823,48	0,00
II. Short-term liabilities	268 887,70	304 843,13

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.