Financial statements Friendly Innovation

Balance sheet of Friendly Innovation

Company age:

Age:

7 y. 26 d.

Share capital:

30 000 PLN

Year	2018	2021
Total assets	74 685,93	188 303,55
A. Fixed assets	7 833,29	3 833,33
B. Current assets	66 852,64	184 470,22
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	74 685,93	188 303,55
A. Equity	45 086,05	36 789,50
B. Liabilities and provisions for liabilities	29 599,88	151 514,05
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	29 599,88	70 730,46

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.