Financial statements Turbo Trade

Balance sheet of Turbo Trade

Company age:

Age:

9 y. 20 d.

Share capital:

402 000 PLN

Year	2021	2022
Total assets	700 087,93	1 420 333,11
A. Fixed assets	195 476,08	195 476,08
B. Current assets	504 611,85	1 224 857,03
C. Share capital contributions (basic funds)	-	-
D. Own shares (stocks)	-	-
Total liabilities	700 087,93	1 420 333,11
A. Equity	381 548,10	298 134,76
B. Liabilities and provisions for liabilities	318 539,83	1 122 198,35
I. Long-term liabilities	-	-
II. Short-term liabilities	78 870,13	882 528,65

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.