Financial statements Geoclass

Balance sheet of Geoclass

Company age:

Age:

3 y. 6 m.

Share capital:

5 000 PLN

Year	2022	2023
Total assets	55 128,33	557 483,70
A. Fixed assets	0,00	208 294,81
B. Current assets	55 128,33	349 188,89
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	55 128,33	557 483,70
A. Equity	8 699,67	24 458,11
B. Liabilities and provisions for liabilities	46 428,66	533 025,59
I. Long-term liabilities	0,00	443 413,00
II. Short-term liabilities	46 428,66	89 612,59

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.