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Financial results - INOVATE ACCOUNTING BUSINESS S.R.L.

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Financial Summary - Inovate Accounting Business S.r.l.
Unique identification code: 44359201
Registration number: J2021000597527
Nace: 6920
Sales - Ron
193.974
Net Profit - Ron
77.308
Employees
3
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Company Inovate Accounting Business S.r.l. with Fiscal Code 44359201 recorded a turnover of 2024 of 193.974, with a net profit of 77.308 and having an average number of employees of 3. The company operates in the field of Activităţi de contabilitate şi audit financiar; consultanţă în domeniul fiscal having the NACE code 6920.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Inovate Accounting Business S.r.l.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR - - - - - - 42.216 108.680 133.541 193.974
Total Income - EUR - - - - - - 42.216 108.687 133.875 195.733
Total Expenses - EUR - - - - - - 12.321 52.385 78.389 115.563
Gross Profit/Loss - EUR - - - - - - 29.895 56.303 55.486 80.170
Net Profit/Loss - EUR - - - - - - 28.654 54.003 54.348 77.308
Employees - - - - - - 1 1 1 3
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 46.1%, from 133.541 euro in the year 2023, to 193.974 euro in 2024. The Net Profit increased by 23.264 euro, from 54.348 euro in 2023, to 77.308 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 - Inovate Accounting Business S.r.l. - CUI 44359201

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets - - - - - - 6.785 5.584 6.547 2.472
Current Assets - - - - - - 29.499 55.075 55.346 80.407
Inventories - - - - - - 0 48 0 542
Receivables - - - - - - 6.357 42.656 43.297 63.229
Cash - - - - - - 23.142 12.371 12.049 10.935
Shareholders Funds - - - - - - 28.704 54.064 54.656 78.717
Social Capital - - - - - - 51 51 51 50
Debts - - - - - - 7.629 7.777 5.292 4.184
Income in Advance - - - - - - 0 0 3.129 1.403
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 "6920 - 6920"
CAEN Financial Year 6920
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 80.407 euro in 2024 which includes Inventories of 542 euro, Receivables of 63.229 euro and cash availability of 10.935 euro.
The company's Equity was valued at 78.717 euro, while total Liabilities amounted to 4.184 euro. Equity increased by 24.367 euro, from 54.656 euro in 2023, to 78.717 in 2024. The Debt Ratio was 5.0% in the year 2024.
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