Financial statements Scandinavian Steel Products

Profit and loss statement of Scandinavian Steel Products

Company age:
Age:
9 y. 4 m. 25 d.
Share capital:
Share capital:
10 000 PLN
Profit and loss statement Balance Profitability

Revenue and profit of SCANDINAVIAN STEEL PRODUCTS

Year
2019
2020
2021
2022
2023
Net sales 3 614 791,01 3 814 115,69 5 535 160,34 4 652 841,68 4 628 187,89
Operating activity costs 2 285 946,34 2 512 662,26 4 276 385,00 3 101 806,82 3 047 224,14
Sales profit 1 328 844,67 1 301 453,43 1 258 775,34 1 551 034,86 1 580 963,75
Other operating income 995,55 1 577,40 1,47 3 167,75 0,19
Other operating expenses 7 859,04 15 926,97 10 293,71 31 398,32 0,00
Operating profit (loss) - - - - -
Gross profit (loss) 1 317 027,58 1 324 060,18 1 249 056,55 1 491 867,40 1 517 726,92
Net profit (loss) 1 194 962,58 1 202 412,18 1 132 817,55 1 344 340,40 1 367 277,92
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.