Financial statements Modern Engineering
Balance sheet of Modern Engineering
Company age:
Age:
5 y. 8 m. 30 d.
Share capital:
Share capital:
5 000 PLN
Balance sheet data of MODERN ENGINEERING
|
Year
|
2021
|
2022
|
|---|---|---|
| Total assets | 113 254,34 | 554 623,94 |
| A. Fixed assets | 14 500,63 | 10 245,52 |
| B. Current assets | 98 753,71 | 544 378,42 |
| C. Share capital contributions (basic funds) | 0,00 | 0,00 |
| D. Own shares (stocks) | 0,00 | 0,00 |
| Total liabilities | 113 254,34 | 554 623,94 |
| A. Equity | -13 562,14 | 403 787,90 |
| B. Liabilities and provisions for liabilities | 126 816,48 | 150 836,04 |
| I. Long-term liabilities | 108 778,77 | 55 360,36 |
| II. Short-term liabilities | 18 037,71 | 95 475,68 |
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.