Financial results - FORWARD MUSIC AGENCY SRL

Financial Summary - Forward Music Agency Srl
Unique identification code: 32813150
Registration number: J40/1976/2014
Nace: 7490
Sales - Ron
5.434.162
Net Profit - Ron
56.814
Employees
20
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Company Forward Music Agency Srl with Fiscal Code 32813150 recorded a turnover of 2024 of 5.434.162, with a net profit of 56.814 and having an average number of employees of 20. The company operates in the field of Alte activitati profesionale, stiintifice si tehnice n.c.a. having the NACE code 7490.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Forward Music Agency Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 681.591 685.281 1.276.785 2.232.874 2.328.573 427.636 993.734 3.034.861 4.571.274 5.434.162
Total Income - EUR 682.142 686.642 1.281.363 2.233.049 2.329.066 524.709 1.094.338 3.087.497 4.589.028 5.454.699
Total Expenses - EUR 676.832 665.812 1.261.252 2.170.138 2.307.110 616.980 1.079.780 2.929.998 4.475.894 5.385.676
Gross Profit/Loss - EUR 5.310 20.830 20.111 62.911 21.956 -92.271 14.558 157.499 113.134 69.023
Net Profit/Loss - EUR 4.207 17.803 13.795 52.416 17.145 -92.271 12.249 135.723 97.484 56.814
Employees 2 2 4 6 11 11 8 12 15 20
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 increased by 19.5%, from 4.571.274 euro in the year 2023, to 5.434.162 euro in 2024. The Net Profit decreased by -40.125 euro, from 97.484 euro in 2023, to 56.814 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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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 - Forward Music Agency Srl - CUI 32813150

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 646 320 42.366 54.222 69.374 87.642 62.202 138.739 482.572 519.442
Current Assets 66.413 120.864 461.581 449.819 615.666 560.125 1.144.518 4.109.478 8.596.805 13.351.178
Inventories 651 835 3.699 6.577 8.350 8.509 13.299 23.835 37.677 40.343
Receivables 34.706 73.179 354.603 321.492 466.444 253.373 863.040 3.776.361 8.338.445 13.128.601
Cash 31.056 46.850 103.279 121.750 140.872 298.244 268.078 309.282 220.682 182.234
Shareholders Funds 13.460 19.991 33.448 85.250 100.744 6.563 18.666 154.447 152.579 206.288
Social Capital 45 45 44 43 42 41 40 41 40 40
Debts 55.041 109.345 510.192 466.746 612.968 543.007 1.212.546 4.165.463 8.829.091 13.622.896
Income in Advance 0 6.820 9.574 11.577 17.647 122.632 37.128 93.682 248.562 178.116
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 "7490 - 7490"
CAEN Financial Year 7490
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 13.351.178 euro in 2024 which includes Inventories of 40.343 euro, Receivables of 13.128.601 euro and cash availability of 182.234 euro.
The company's Equity was valued at 206.288 euro, while total Liabilities amounted to 13.622.896 euro. Equity increased by 54.562 euro, from 152.579 euro in 2023, to 206.288 in 2024. The Debt Ratio was 97.3% in the year 2024.

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