Financial statements Teo Developments

Balance sheet of Teo Developments

Company age:

Age:

5 y. 2 m. 18 d.

Share capital:

5 000 PLN

Year	2020	2022
Total assets	611 343,77	1 194 579,94
A. Fixed assets	603 650,00	1 152 980,48
B. Current assets	7 693,77	41 599,46
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	611 343,77	1 194 579,94
A. Equity	9 480,57	14 593,59
B. Liabilities and provisions for liabilities	601 863,20	1 179 986,35
I. Long-term liabilities	598 626,17	1 154 887,00
II. Short-term liabilities	3 237,03	25 099,35

Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.

Fixed Assets - Assets held for a longer period, typically longer than a year, such as real estate or machinery.
Current Assets - Assets intended to be used or sold within a year, such as inventory, receivables, and cash.
Equity - The net value of a company's assets, representing the difference between its assets and liabilities.
Long-Term Liabilities - Financial obligations to be repaid over a period longer than a year, such as loans or bonds.
Short-Term Liabilities - Financial obligations to be repaid within a year, such as payables to suppliers or short-term loans.
Reserve Capital - A portion of equity set aside for specific purposes, such as covering losses or business development.