Financial statements Mgl
Revenue and profit of MGL
| Year | 
                            2020
                                                     | 
                            2021
                                                     | 
                            2022
                                                     | 
                            2023
                                                     | 
|---|---|---|---|---|
| Net sales | 4 820 094,26 | 6 785 960,60 | 8 839 682,90 | 5 583 627,15 | 
| Operating activity costs | 4 040 808,57 | 7 074 408,03 | 11 859 616,43 | 5 090 246,40 | 
| Sales profit | 779 285,69 | -288 447,43 | -3 019 933,53 | 493 380,75 | 
| Other operating income | 39 550,48 | 4 684,65 | 6 512,14 | 270 000,14 | 
| Other operating expenses | 32 404,67 | 65 910,43 | 57 045,34 | 494 418,84 | 
| Operating profit (loss) | 786 431,50 | -349 673,21 | -3 070 466,73 | 268 962,05 | 
| Gross profit (loss) | 785 891,48 | -370 579,58 | -3 115 968,73 | 266 507,89 | 
| Net profit (loss) | 727 795,48 | -370 579,58 | -3 115 968,73 | 266 507,89 | 
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.
