Financial statements Magic Road

Balance sheet of Magic Road

Company age:

Age:

4 y. 7 m. 17 d.

Share capital:

6 000 PLN

Year	2022	2023
Total assets	509 305,97	1 730 706,17
A. Fixed assets	0,00	51 437,53
B. Current assets	509 305,97	1 679 268,64
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	509 305,97	1 730 706,17
A. Equity	103 917,12	516 537,72
B. Liabilities and provisions for liabilities	405 388,85	1 214 168,45
I. Long-term liabilities	0,00	277 793,34
II. Short-term liabilities	405 388,85	936 375,11

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.