Financial statements Modern Financial Systems
Balance sheet data of MODERN FINANCIAL SYSTEMS
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Total assets | 695 860,89 | 370 403,11 | 675 619,01 | 690 996,03 | 741 359,10 | 539 140,46 |
| A. Fixed assets | 7 053,32 | 14 950,25 | - | 0,00 | 0,00 | 0,00 |
| B. Current assets | 688 807,57 | 355 452,86 | 675 619,94 | 690 995,03 | 741 359,10 | 539 140,46 |
| C. Share capital contributions (basic funds) | - | - | - | - | - | - |
| D. Own shares (stocks) | - | - | - | - | - | - |
| Total liabilities | 695 860,89 | 370 403,11 | 675 619,04 | 690 996,03 | 741 359,10 | 539 140,46 |
| A. Equity | 212 787,59 | 195 222,72 | 272 278,74 | 452 372,85 | 400 725,00 | 494 004,38 |
| B. Liabilities and provisions for liabilities | 483 073,30 | 175 180,39 | 593 563,02 | 238 623,18 | 340 634,10 | 45 136,08 |
| I. Long-term liabilities | - | - | - | - | - | - |
| II. Short-term liabilities | - | - | - | - | - | 45 136,08 |
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.