Financial results - M.G. FINANCE SRL

Financial Summary - M.g. Finance Srl
Unique identification code: 16929846
Registration number: J40/18256/2004
Nace: 9602
Sales - Ron
49.269
Net Profit - Ron
1.206
Employees
3
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Company M.g. Finance Srl with Fiscal Code 16929846 recorded a turnover of 2024 of 49.269, with a net profit of 1.206 and having an average number of employees of 3. The company operates in the field of Coafura si alte activitati de infrumusetare having the NACE code 9602.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - M.g. Finance Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 9.207 12.434 18.638 25.048 32.430 29.732 35.152 43.161 47.990 49.269
Total Income - EUR 9.210 12.434 18.638 25.049 32.430 31.076 35.293 43.215 48.079 49.432
Total Expenses - EUR 15.525 19.493 21.291 19.296 22.183 22.823 26.913 30.841 42.521 47.805
Gross Profit/Loss - EUR -6.315 -7.059 -2.653 5.753 10.247 8.253 8.380 12.374 5.558 1.626
Net Profit/Loss - EUR -6.598 -7.317 -2.844 5.492 9.923 8.064 8.051 11.966 5.101 1.206
Employees 1 1 1 1 1 1 1 2 3 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 3.2%, from 47.990 euro in the year 2023, to 49.269 euro in 2024. The Net Profit decreased by -3.866 euro, from 5.101 euro in 2023, to 1.206 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 - M.g. Finance Srl - CUI 16929846

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 1.808 1.145 595 83 0 0 0 0 0 0
Current Assets 4.401 4.092 4.656 3.364 3.697 3.420 2.572 2.841 8.400 10.485
Inventories 2.561 2.184 1.446 2.029 1.050 1.343 986 870 868 1.569
Receivables 1.395 1.381 1.148 1.127 1.105 1.085 1.060 1.063 1.060 1.164
Cash 445 528 2.062 208 1.542 993 526 907 6.472 7.752
Shareholders Funds -34.717 -41.680 -44.096 -37.752 -27.097 -18.520 -10.059 1.876 6.971 8.308
Social Capital 45 45 44 86 84 83 81 81 81 80
Debts 41.610 47.635 50.073 42.014 31.614 22.760 13.566 1.894 2.368 3.113
Income in Advance 0 0 0 0 0 0 0 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 "9602 - 9602"
CAEN Financial Year 9602
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 10.485 euro in 2024 which includes Inventories of 1.569 euro, Receivables of 1.164 euro and cash availability of 7.752 euro.
The company's Equity was valued at 8.308 euro, while total Liabilities amounted to 3.113 euro. Equity increased by 1.376 euro, from 6.971 euro in 2023, to 8.308 in 2024.

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