Financial statements Volvo Car Poland
Revenue and profit of VOLVO CAR POLAND
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 1 679 439,00 | 1 858 823 399,33 | 1 748 761 692,50 | 1 890 657 445,59 | 2 048 833 344,26 | 2 552 830 926,70 |
| Operating activity costs | 1 676 428,00 | 1 854 989 644,43 | 1 745 040 462,25 | 1 887 803 162,17 | 2 044 328 764,71 | 2 546 342 061,16 |
| Sales profit | 3 011,00 | 3 833 754,90 | 3 721 230,25 | 2 854 283,42 | 4 504 579,55 | 6 488 865,54 |
| Other operating income | 72,00 | 31 457,96 | 23 089,25 | 374 555,05 | 68 542,39 | 141 730,73 |
| Other operating expenses | 138,00 | 395 366,81 | 206 714,17 | 114 378,86 | 113 066,48 | 113 633,12 |
| Operating profit (loss) | 2 945,00 | 3 469 846,05 | 3 537 605,33 | 3 114 459,61 | 4 460 055,46 | 6 516 963,15 |
| Gross profit (loss) | 6 249,00 | 6 585 834,02 | 5 621 733,19 | 3 973 656,35 | 13 995 448,59 | 26 787 541,80 |
| Net profit (loss) | 4 949,00 | 4 766 455,93 | 6 213 194,83 | 2 407 327,51 | 11 979 082,10 | 21 605 948,78 |
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.