Financial statements M8

Balance sheet of M8

Company age:

Age:

4 y. 3 m. 21 d.

Share capital:

5 000 PLN

Year	2021	2022
Total assets	143 217,39	383 413,60
A. Fixed assets	0,00	1 115,00
B. Current assets	143 217,39	382 298,60
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	143 217,39	255 749,31
A. Equity	16 566,94	0,00
B. Liabilities and provisions for liabilities	126 650,45	255 749,31
I. Long-term liabilities	-	-
II. Short-term liabilities	-	-

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.