Financial statements Progress

Profit and loss statement of Progress

Company age:
Age:
9 y. 4 m. 28 d.
Share capital:
Share capital:
500 000 PLN
Profit and loss statement Balance Profitability

Revenue and profit of PROGRESS

Year
2018
2019
2020
2021
2022
2023
Net sales - 19 032 849,16 22 423 783,70 42 672 447,77 42 596 698,36 28 230 494,84
Operating activity costs - 20 376 050,33 21 664 460,37 41 777 793,17 41 443 358,13 27 780 701,02
Sales profit - -1 343 201,17 759 323,33 894 654,60 1 153 340,23 449 793,82
Other operating income - 873 266,83 1 497 760,92 2 130 763,89 1 568 234,05 730 153,37
Other operating expenses - 547 907,12 404 021,53 541 464,21 761 991,37 41 469,85
Operating profit (loss) - -1 017 841,46 - - - -
Gross profit (loss) - -1 505 056,00 1 330 043,46 2 000 138,45 1 388 199,72 905 284,00
Net profit (loss) - -1 505 056,00 1 296 191,46 1 721 605,45 1 095 481,72 839 236,00
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.