Financial statements M&M

Balance sheet of M&M

Company age:

Age:

3 y. 10 m. 5 d.

Share capital:

5 000 PLN

Year	2021	2023
Total assets	150 262,04	109 158,78
A. Fixed assets	37 429,51	37 429,51
B. Current assets	112 832,53	71 729,27
C. Share capital contributions (basic funds)	0,00	-
D. Own shares (stocks)	0,00	-
Total liabilities	150 262,04	109 158,78
A. Equity	-34 741,43	-32 894,48
B. Liabilities and provisions for liabilities	185 003,47	142 053,26
I. Long-term liabilities	154 800,00	130 500,76
II. Short-term liabilities	30 203,47	11 552,50

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.