Financial statements Lovata

Balance sheet of Lovata

Company age:

Age:

4 y. 4 m. 28 d.

Share capital:

5 000 PLN

Year	2021	2023
Total assets	929 213,40	928 836,14
A. Fixed assets	124 916,26	99 933,01
B. Current assets	804 297,14	828 903,13
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	929 213,40	928 836,14
A. Equity	616 593,13	760 633,12
B. Liabilities and provisions for liabilities	312 620,27	168 203,02
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	287 573,36	163 928,07

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.