Financial results - MAGNET DEVELOPMENTS S.A.

Financial Summary - Magnet Developments S.a.
Unique identification code: 38420311
Registration number: J2017018267402
Nace: 6812
Sales - Ron
33.458.590
Net Profit - Ron
3.755.203
Employees
17
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Company Magnet Developments S.a. with Fiscal Code 38420311 recorded a turnover of 2024 of 33.458.590, with a net profit of 3.755.203 and having an average number of employees of 17. The company operates in the field of Dezvoltare (promovare) imobiliară having the NACE code 6812.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Magnet Developments S.a.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR - - 0 0 5.510 10.021 64.192 1.003 8.108.118 33.458.590
Total Income - EUR - - 1.087 80.725 226.733 277.823 1.136.297 11.720.030 32.137.095 26.955.767
Total Expenses - EUR - - 19.854 171.248 406.336 532.854 2.159.952 13.353.407 30.021.747 22.791.632
Gross Profit/Loss - EUR - - -18.767 -90.522 -179.603 -255.032 -1.023.654 -1.633.376 2.115.348 4.164.134
Net Profit/Loss - EUR - - -18.912 -90.530 -180.101 -255.116 -1.023.654 -1.633.376 2.115.348 3.755.203
Employees - - 2 2 1 2 6 17 15 17
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 315.0%, from 8.108.118 euro in the year 2023, to 33.458.590 euro in 2024. The Net Profit increased by 1.651.677 euro, from 2.115.348 euro in 2023, to 3.755.203 in the last year.
Sales - Ron
Net Profit - Ron
Employees

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Debts, Equity, Inventories, Receivables, Accounts, Assets - Magnet Developments S.a. - CUI 38420311

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets - - 643.391 8.099.505 7.942.754 7.805.260 29.039 250.190 234.410 4.667.091
Current Assets - - 281.889 704.265 780.785 1.972.519 21.203.740 33.981.507 56.011.815 44.273.053
Inventories - - 0 52.578 203.127 462.849 9.085.835 20.650.405 40.952.154 32.209.120
Receivables - - 10.271 497.475 193.823 104.682 221.786 7.132.857 10.719.330 9.199.321
Cash - - 271.618 154.211 383.834 1.404.988 11.896.119 6.198.245 4.340.331 2.864.611
Shareholders Funds - - -18.693 6.375.057 8.048.063 7.640.375 6.447.288 9.397.637 11.484.487 15.175.506
Social Capital - - 219 6.484.152 8.335.146 8.177.131 7.995.795 10.537.360 10.505.406 10.446.694
Debts - - 943.972 2.428.747 677.216 2.140.072 14.789.373 24.859.043 44.762.075 33.809.055
Income in Advance - - 0 0 0 0 0 34.193 25.447 16.711
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 "6812 - 6812"
CAEN Financial Year 4110
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 44.273.053 euro in 2024 which includes Inventories of 32.209.120 euro, Receivables of 9.199.321 euro and cash availability of 2.864.611 euro.
The company's Equity was valued at 15.175.506 euro, while total Liabilities amounted to 33.809.055 euro. Equity increased by 3.755.203 euro, from 11.484.487 euro in 2023, to 15.175.506 in 2024. The Debt Ratio was 69.0% in the year 2024.

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