Financial statements Velvet Partners

Profit and loss statement of Velvet Partners

Company age:
Age:
11 y. 7 m. 26 d.
Share capital:
Share capital:
5 000 PLN
Profit and loss statement Balance Profitability

Revenue and profit of VELVET PARTNERS

Year
2017
2018
2019
2020
2021
2022
2023
Net sales - 721 577,87 942 010,46 620 364,87 862 611,04 1 442 066,46 1 709 189,20
Operating activity costs - 694 888,81 947 539,15 825 688,80 1 064 105,89 1 518 599,29 1 777 056,47
Sales profit - 26 689,06 -5 528,69 -205 323,93 -201 494,85 -76 532,83 -67 867,27
Other operating income - 1 753,49 18 368,28 158 790,92 300 268,78 200 365,24 70 698,70
Other operating expenses - 0,00 2 179,98 59 312,64 80 792,94 92 903,72 18 952,28
Operating profit (loss) - 28 442,55 10 659,61 -105 845,65 17 980,99 30 928,69 -16 120,85
Gross profit (loss) - 14 592,06 6 423,08 -111 339,16 17 879,17 22 413,38 -16 501,38
Net profit (loss) - 10 509,06 5 099,08 -111 339,16 17 879,17 22 413,38 -16 690,38
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.