Financial statements Progress Xi
Company deleted from KRS: 2024-11-12
Revenue and profit of PROGRESS XI
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 605 784,56 | 954 658,46 | 870 450,13 | 896 488,26 | 836 984,54 | 571 540,16 |
| Operating activity costs | 984 634,29 | 1 409 457,60 | 1 137 692,96 | 1 212 799,68 | 1 097 943,68 | 801 245,95 |
| Sales profit | -378 849,73 | -454 799,14 | -267 242,83 | -316 311,42 | -260 959,14 | -229 705,79 |
| Other operating income | 143 346,66 | 330 426,68 | 51 077,46 | 35 545,73 | 381,56 | 5 567,47 |
| Other operating expenses | 1 558 809,87 | 330 128,31 | 211 027,69 | 61 583,61 | 110 500,83 | 9 676,65 |
| Operating profit (loss) | -1 794 312,94 | -454 500,77 | -427 193,06 | -342 349,30 | -371 078,41 | -233 814,97 |
| Gross profit (loss) | 1 310 041,29 | 2 058 747,25 | 1 549 842,14 | 2 045 671,42 | 5 652 798,73 | 5 711 765,03 |
| Net profit (loss) | 1 340 797,29 | 1 866 640,25 | 1 326 735,14 | 1 853 506,42 | 5 054 553,73 | 5 178 278,03 |
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.