Financial statements Grinn
Revenue and profit of GRINN
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 7 621 926,57 | 10 347 278,61 | 16 634 682,76 | 17 989 401,20 | 24 177 819,73 | 27 963 640,26 |
| Operating activity costs | 8 122 897,88 | 9 430 915,95 | 12 865 758,22 | 13 723 669,02 | 21 001 351,79 | 23 970 263,52 |
| Sales profit | -500 971,31 | 916 362,66 | 3 768 924,54 | 4 265 732,18 | 3 176 467,94 | 3 993 376,74 |
| Other operating income | 778 872,72 | 78 054,04 | 696 885,91 | 750 591,93 | 1 751 329,08 | 1 399 892,17 |
| Other operating expenses | 227 525,39 | 233 450,37 | 338 111,72 | 42 424,97 | 43 527,04 | 40 518,92 |
| Operating profit (loss) | - | 760 966,33 | 4 127 698,73 | 4 973 899,14 | 4 884 269,98 | 5 343 272,14 |
| Gross profit (loss) | 10 386,00 | 701 730,58 | 4 225 838,88 | 4 880 762,93 | 5 063 195,89 | 4 801 157,19 |
| Net profit (loss) | 11 798,51 | 571 932,58 | 3 208 297,88 | 3 963 546,93 | 4 067 962,89 | 4 801 157,19 |
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.