Financial statements Swing Development
Revenue and profit of SWING DEVELOPMENT
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 5 765 595,16 | 6 079 345,22 | 7 917 542,94 | 13 868 280,75 | 22 066 240,37 | 30 978 992,54 |
| Operating activity costs | 4 679 081,85 | 5 414 212,05 | 6 719 736,42 | 12 999 905,94 | 20 669 800,51 | 28 995 013,79 |
| Sales profit | 1 086 513,31 | 665 133,17 | 1 197 806,52 | 868 374,81 | 1 396 439,86 | 1 983 978,75 |
| Other operating income | 309,31 | 14 791,54 | 35 193,48 | 47 103,49 | 50 446,18 | 39 787,88 |
| Other operating expenses | 245,63 | 15 770,58 | 0,00 | 5 126,06 | 0,00 | 0,00 |
| Operating profit (loss) | 1 086 576,99 | 664 154,13 | 1 233 000,00 | 910 352,24 | 1 446 886,04 | 2 023 766,63 |
| Gross profit (loss) | 1 146 623,87 | 628 736,49 | 1 211 556,03 | 968 510,12 | 1 555 558,66 | 1 440 965,96 |
| Net profit (loss) | 983 716,87 | 476 208,49 | 972 997,03 | 763 592,12 | 1 222 650,66 | 1 140 155,96 |
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.