Financial statements Go Motors

Balance sheet of Go Motors

Company age:

Age:

4 y. 4 m. 25 d.

Share capital:

5 000 PLN

Year	2021	2022
Total assets	11 200 017,95	58 407 846,61
A. Fixed assets	95 389,30	956 388,12
B. Current assets	11 104 628,65	57 451 458,49
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	11 200 017,95	58 407 846,61
A. Equity	-322 557,90	-3 178 749,04
B. Liabilities and provisions for liabilities	11 522 575,85	61 586 595,65
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	11 505 075,85	59 753 901,44

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.