Financial statements Gmc Development
Revenue and profit of GMC DEVELOPMENT
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 2 790 737,25 | 3 480 113,26 | 4 714 315,36 | 16 306 451,40 | 14 817 887,18 | 12 732 479,01 |
| Operating activity costs | 2 306 679,49 | 2 002 169,03 | 4 165 919,56 | 13 803 166,12 | 13 625 388,29 | 12 666 822,55 |
| Sales profit | 484 057,76 | 1 477 944,23 | 548 395,80 | 2 503 285,28 | 1 192 498,89 | 65 656,46 |
| Other operating income | 170,07 | 4 495,00 | 37 765,27 | 1 181 101,74 | 22 849,94 | 127 384,59 |
| Other operating expenses | 27 620,78 | 828 444,73 | 1 443,93 | 677 277,93 | 384 403,81 | 17 218,26 |
| Operating profit (loss) | 456 607,05 | 653 994,50 | 584 717,14 | 3 007 109,09 | 830 945,02 | 175 822,79 |
| Gross profit (loss) | 457 398,75 | 658 247,74 | 584 624,70 | 3 004 715,51 | 830 944,94 | 175 755,38 |
| Net profit (loss) | 388 265,75 | 598 570,74 | 532 370,70 | 2 433 147,51 | 648 039,94 | 142 175,38 |
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.