Financial statements Software Mind Nordics

Profit and loss statement of Software Mind Nordics

Company age:
Age:
7 y. 5 m. 22 d.
Share capital:
Share capital:
5 000 PLN
Profit and loss statement Balance Cash flow Profitability

Revenue and profit of SOFTWARE MIND NORDICS

Year
2018
2019
2020
2021
2022
2023
Net sales 3 987 770,77 8 485 865,49 10 576 278,06 13 952 663,27 24 929 840,78 31 841 831,01
Operating activity costs 2 539 691,50 5 185 474,59 6 844 153,42 7 981 803,90 15 979 155,25 21 832 630,61
Sales profit 1 448 079,27 3 300 390,90 3 732 124,64 5 970 859,37 8 950 685,53 10 009 200,40
Other operating income 3 652,72 9 158,34 167 052,95 17 372,26 34 383,39 103 079,19
Other operating expenses 2 168,55 7 393,87 6 723,23 13 013,95 20 182,50 92 819,29
Operating profit (loss) 1 449 563,44 3 302 155,37 3 892 454,36 5 979 717,68 8 964 886,42 10 019 460,30
Gross profit (loss) 1 429 374,44 3 278 567,51 4 062 607,45 5 861 699,13 9 464 580,70 8 982 579,89
Net profit (loss) 1 163 006,44 2 648 716,51 3 293 321,45 4 703 169,13 7 694 460,70 7 246 431,89
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.