Financial results - INNOVATE INFORMATIONAL TECHNOLOGY SRL

Financial Summary - Innovate Informational Technology Srl
Unique identification code: 25231140
Registration number: J22/491/2009
Nace: 6311
Sales - Ron
1.758.031
Net Profit - Ron
262.826
Employee
29
The most important financial indicators for the company Innovate Informational Technology Srl - Unique Identification Number 25231140: sales in 2023 was 1.758.031 euro, registering a net profit of 262.826 euro and having an average number of 29 employees. Firma isi desfasoara activitatea in domeniul Prelucrarea datelor, administrarea paginilor web si activitati conexe having the NACE code 6311.

Sales, Profit, Employees, Debts, Capitals, Financial Results - Innovate Informational Technology Srl

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Sales - EUR 610.266 715.502 816.027 1.170.312 1.325.930 1.313.841 1.189.692 1.197.371 1.495.690 1.758.031
Total Income - EUR 626.402 746.488 941.445 1.192.051 1.757.900 1.473.711 1.214.005 1.339.223 1.564.901 1.762.537
Total Expenses - EUR 454.538 623.265 775.481 1.017.635 1.452.734 1.292.819 874.201 1.139.197 1.381.071 1.455.667
Gross Profit/Loss - EUR 171.864 123.222 165.964 174.416 305.165 180.891 339.804 200.026 183.830 306.870
Net Profit/Loss - EUR 144.365 101.984 140.279 138.801 260.240 153.836 294.627 172.924 157.078 262.826
Employees 9 11 16 18 22 24 20 23 26 29
The table presents the most important indicators of the company from the Profit and Loss Account for the last 10 years of activity. The data show the company's evolution during this period, highlighting any increases or potential decreases recorded. In the last year of activity, the sales increased by 17.9%, from 1.495.690 euro in the year 2022, to 1.758.031 euro in 2023. The Net Profit increased by 106.224 euro, from 157.078 euro in 2022, to 262.826 in the last year.

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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 - Innovate Informational Technology Srl - CUI 25231140

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fixed Assets 68.651 210.144 375.785 489.909 906.731 1.159.725 1.197.537 1.645.433 1.773.095 1.620.333
Current Assets 530.918 492.417 434.015 465.677 436.012 408.918 464.245 443.449 477.521 657.570
Inventories 147.440 147.234 142.252 124.555 57.524 313 2.296 9.672 10.761 18.782
Receivables 204.814 225.634 203.888 235.438 254.257 232.636 288.024 232.864 310.827 495.086
Cash 178.664 119.549 87.876 105.684 124.231 175.969 173.925 200.913 155.933 143.702
Shareholders Funds 487.753 515.518 367.739 500.317 741.225 802.226 967.968 1.071.921 1.126.881 1.264.991
Social Capital 223 225 223 219 215 211 207 202 20.278 20.216
Debts 111.816 187.088 442.198 455.734 607.124 773.951 700.072 1.025.393 1.157.353 1.106.023
Income in Advance 0 0 52.841 0 0 0 0 0 0 0
Exchange rate - RON 4.9465 4.9315 4.9468 4.8371 4.7454 4.6535 4.5681 4.4908 4.445 4.4821
Main CAEN "6311 - 6311"
CAEN Financial Year 6311
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 657.570 euro in 2023 which includes Inventories of 18.782 euro, Receivables of 495.086 euro and cash availability of 143.702 euro.
The company's Equity was valued at 1.264.991 euro, while total Liabilities amounted to 1.106.023 euro. Equity increased by 141.528 euro, from 1.126.881 euro in 2022, to 1.264.991 in 2023.

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