Financial statements Sinnet
Revenue and profit of SINNET
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 8 924 445,62 | 9 110 613,80 | 6 397 051,66 | 6 610 369,81 | 10 487 008,60 | 12 451 528,83 |
| Operating activity costs | 9 137 859,58 | 9 321 511,75 | 8 142 087,98 | 8 149 050,33 | 11 017 516,84 | 11 660 469,61 |
| Sales profit | -213 413,96 | -210 897,95 | -1 745 036,32 | -1 538 680,52 | -530 508,24 | 791 059,22 |
| Other operating income | 14 775,32 | 33 656,21 | 100 162,27 | 580 981,80 | 1 016 185,25 | 27 449,36 |
| Other operating expenses | 6 770,49 | 21 966,54 | 56 480,59 | 25 621,51 | 125 999,82 | 62 943,79 |
| Operating profit (loss) | -205 409,13 | -199 208,28 | -1 701 354,64 | -983 320,23 | 359 677,19 | 755 564,79 |
| Gross profit (loss) | -880 203,28 | -336 401,04 | -1 781 317,85 | -1 063 304,73 | 271 587,21 | 685 597,32 |
| Net profit (loss) | -880 203,28 | -336 401,04 | -1 781 317,85 | -1 063 304,73 | 271 587,21 | 685 597,32 |
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.