Financial statements Vank
Revenue and profit of VANK
Year
|
2018
|
2019
|
2020
|
2021
|
2022
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2023
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Net sales | 22 986 155,69 | 26 688 744,83 | 20 235 712,96 | 20 206 365,35 | 26 376 534,68 | 20 982 422,81 |
Operating activity costs | 19 781 455,86 | 22 096 287,58 | 18 018 515,47 | 18 997 232,60 | 24 480 156,24 | 21 086 467,27 |
Sales profit | 3 204 699,83 | 4 592 457,25 | 2 217 197,49 | 1 209 132,75 | 1 896 378,44 | -104 044,46 |
Other operating income | 1 002 636,22 | 206 873,46 | 973 818,41 | 205 921,52 | 241 374,04 | 1 943 752,08 |
Other operating expenses | 1 186 772,38 | 2 202 878,40 | 653 276,05 | 132 622,23 | 1 125 751,24 | 1 053 488,01 |
Operating profit (loss) | 3 020 563,67 | 2 596 452,31 | 2 537 739,85 | 1 282 432,04 | 1 012 001,24 | - |
Gross profit (loss) | 3 100 997,26 | 2 722 691,19 | 2 780 518,43 | 1 346 248,41 | 1 196 682,00 | 586 900,16 |
Net profit (loss) | 2 504 011,26 | 2 119 714,19 | 2 298 699,43 | 1 062 582,41 | 930 663,00 | 411 247,16 |
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.