Financial statements Vest-Fiber
Revenue and profit of VEST-FIBER
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 8 433 432,54 | 14 666 120,26 | 11 269 587,38 | 11 932 232,37 | 18 102 585,71 | 24 319 287,60 |
| Operating activity costs | 8 016 611,11 | 12 018 762,96 | 10 554 373,39 | 11 687 921,80 | 16 121 455,07 | 22 440 902,56 |
| Sales profit | 416 821,43 | 2 647 357,30 | 715 213,99 | 244 310,57 | 1 981 130,64 | 1 878 385,04 |
| Other operating income | 80 416,15 | 90 890,65 | 434 313,34 | 909 550,44 | 209 391,53 | 349 771,20 |
| Other operating expenses | 253 599,26 | 395 031,42 | 552 354,45 | 558 971,63 | 78 950,74 | 150 560,52 |
| Operating profit (loss) | 243 638,32 | 2 343 216,53 | 597 172,88 | 594 889,38 | 2 111 571,43 | 2 077 595,72 |
| Gross profit (loss) | 217 960,28 | 2 135 431,89 | 608 217,73 | 532 613,08 | 2 010 330,43 | 2 089 253,72 |
| Net profit (loss) | 107 489,28 | 1 639 709,89 | 395 436,73 | 440 471,08 | 1 646 434,43 | 1 521 075,24 |
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.