Financial statements Ovad

Balance sheet of Ovad

Company age:

Age:

4 y. 9 m. 1 d.

Share capital:

5 000 PLN

Year	2021	2022
Total assets	118 568,68	69 303,67
A. Fixed assets	32 483,72	27 890,96
B. Current assets	86 084,96	41 412,71
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	118 568,68	69 303,67
A. Equity	-163 119,49	-269 211,37
B. Liabilities and provisions for liabilities	281 688,17	338 515,04
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	281 638,17	338 465,04

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.