Financial results - CORRECT NETWORKS SRL

Financial Summary - Correct Networks Srl
Unique identification code: 36657150
Registration number: J2016013832404
Nace: 7210
Sales - Ron
51.512
Net Profit - Ron
-466.611
Employees
8
Open Account
Company Correct Networks Srl with Fiscal Code 36657150 recorded a turnover of 2022 of 51.512, with a net profit of -466.611 and having an average number of employees of 8. The company operates in the field of Cercetare-dezvoltare în ştiinţe naturale şi inginerie having the NACE code 7210.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Correct Networks Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR - - - - 0 66.647 232.673 51.959 - -
Total Income - EUR - - - - 66.004 267.023 500.997 376.855 - -
Total Expenses - EUR - - - - 38.039 130.751 264.964 844.128 - -
Gross Profit/Loss - EUR - - - - 27.966 136.272 236.033 -467.274 - -
Net Profit/Loss - EUR - - - - 27.966 135.599 233.971 -470.660 - -
Employees - - - - 1 2 6 8 - -
The table presents the most important indicators of the company from the Profit and Loss Account for the last 10 years of activity as found at the Ministry of Finance. The data provides the evolution of the company during this period regarding the increases and possibly decreases recorded. In the last year of activity, the sales decreased by -77.7%, from 232.673 euro in the year 2021, to 51.959 euro in 2022. The Net Profit decreased by -234.697 euro, from 233.971 euro in 2021, to 0 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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CORRECT NETWORKS SRL

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Financial Analysis Reports provide a clear and comprehensive view of a company's financial activity. In addition to presenting financial data, the reports analyze this data so that any user can understand whether the results are positive or less favorable. The Financial Rating provides an analysis based on the most important financial ratios, including liquidity, solvency, and profitability. Payment Limits represent the maximum amounts for which a company can offer goods or services on credit to its clients. The Probability of Insolvency presents the theoretical probability that a company may not be able to meet its financial obligations towards its creditors, i.e., suppliers and financial institutions.

Debts, Equity, Inventories, Receivables, Accounts, Assets - Correct Networks Srl - CUI 36657150

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets - - - - 35.853 138.949 222.152 155.532 - -
Current Assets - - - - 267.841 231.050 187.468 52.478 - -
Inventories - - - - 0 0 0 0 - -
Receivables - - - - 101.021 101.925 84.886 11.531 - -
Cash - - - - 166.821 129.125 102.582 40.947 - -
Shareholders Funds - - - - 28.008 163.242 377.634 -91.855 - -
Social Capital - - - - 42 207 202 203 - -
Debts - - - - 23.436 32.600 31.616 279.423 - -
Income in Advance - - - - 253.359 175.831 2.049 0 - -
Exchange rate - RON 4.9743 4.9465 4.9315 4.9468 4.8371 4.7454 4.6535 4.5681 4.4908 4.445
Main CAEN "7210 - 7210"
CAEN Financial Year 7210
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 52.478 euro in 2022 which includes Inventories of 0 euro, Receivables of 11.531 euro and cash availability of 40.947 euro.
The company's Equity was valued at -91.855 euro, while total Liabilities amounted to 279.423 euro. Equity decreased by -470.660 euro, from 377.634 euro in 2021, to -91.855 in 2022.

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