Financial results - GLOW SYSTEM SRL

Financial Summary - Glow System Srl
Unique identification code: 24390830
Registration number: J2008014592409
Nace: 6210
Sales - Ron
3.836
Net Profit - Ron
-7.303
Employees
Open Account
Company Glow System Srl with Fiscal Code 24390830 recorded a turnover of 2024 of 3.836, with a net profit of -7.303 and having an average number of employees of - . The company operates in the field of Activităţi de realizare a soft-ului la comandă (software orientat client) having the NACE code 6210.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Glow System Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 0 0 4.935 11.252 21.776 50.788 44.287 44.954 24.998 3.836
Total Income - EUR 0 0 14.463 11.252 46.552 64.102 75.904 87.390 29.282 22.327
Total Expenses - EUR 0 0 14.463 21.636 34.368 44.594 77.453 68.530 26.652 29.630
Gross Profit/Loss - EUR 0 0 0 -10.384 12.184 19.508 -1.549 18.860 2.630 -7.303
Net Profit/Loss - EUR 0 0 0 -10.868 11.520 17.984 -2.878 17.511 1.730 -7.303
Employees 0 0 0 0 0 0 0 0 0 0
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 -84.6%, from 24.998 euro in the year 2023, to 3.836 euro in 2024. The Net Profit decreased by -1.720 euro, from 1.730 euro in 2023, to 0 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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GLOW SYSTEM 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 - Glow System Srl - CUI 24390830

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 0 0 0 0 0 0 0 0 0 0
Current Assets 0 0 4.170 1.236 34.199 42.082 46.266 58.197 53.806 47.305
Inventories 0 0 2.523 0 23.751 34.685 34.995 42.347 32.573 35.240
Receivables 0 0 37 897 1.535 2.758 5.985 12.010 10.530 6.244
Cash 0 0 1.609 339 8.913 4.640 5.286 3.840 10.703 5.821
Shareholders Funds 0 0 0 -10.868 863 17.984 14.495 32.050 33.683 26.192
Social Capital 0 0 0 0 0 0 0 0 0 0
Debts 0 0 4.170 12.103 27.145 24.099 23.867 26.146 20.123 21.113
Income in Advance 0 0 0 0 6.191 0 7.904 0 0 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 "6210 - 6210"
CAEN Financial Year 4761
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 47.305 euro in 2024 which includes Inventories of 35.240 euro, Receivables of 6.244 euro and cash availability of 5.821 euro.
The company's Equity was valued at 26.192 euro, while total Liabilities amounted to 21.113 euro. Equity decreased by -7.303 euro, from 33.683 euro in 2023, to 26.192 in 2024.

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