Financial results - MORIN DEVELOPMENT SRL

Financial Summary - Morin Development Srl
Unique identification code: 21911624
Registration number: J2007000358515
Nace: 6820
Sales - Ron
29.571
Net Profit - Ron
-41.530
Employees
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Company Morin Development Srl with Fiscal Code 21911624 recorded a turnover of 2024 of 29.571, with a net profit of -41.530 and having an average number of employees of - . The company operates in the field of Închirierea şi subînchirierea bunurilor imobiliare proprii sau închiriate having the NACE code 6820.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Morin Development Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 24.735 21.657 21.455 - - 0 0 0 78.326 29.571
Total Income - EUR 25.155 21.692 21.553 - - 0 0 0 78.326 117.111
Total Expenses - EUR 3.985 6.211 4.336 - - 0 0 320 5.374 158.641
Gross Profit/Loss - EUR 21.169 15.481 17.216 - - 0 0 -320 72.952 -41.530
Net Profit/Loss - EUR 20.415 14.830 16.570 - - 0 0 -320 61.513 -41.530
Employees 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 -62.0%, from 78.326 euro in the year 2023, to 29.571 euro in 2024. The Net Profit decreased by -61.169 euro, from 61.513 euro in 2023, to 0 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 - Morin Development Srl - CUI 21911624

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 126.995 126.890 128.795 - - 121.208 118.520 110.660 109.417 108.705
Current Assets 67.802 81.964 97.179 - - 113.137 110.628 108.703 170.884 81.998
Inventories 0 0 0 - - 0 0 0 0 0
Receivables 12.443 23.768 13.763 - - 2.188 2.140 720 44.318 51.068
Cash 55.358 58.196 83.417 - - 110.949 108.488 107.983 126.565 30.930
Shareholders Funds 66.311 80.465 100.028 - - 115.018 112.467 104.268 165.465 123.011
Social Capital 225 223 219 - - 207 202 203 202 201
Debts 128.486 129.299 127.037 - - 120.194 117.528 115.094 114.836 67.692
Income in Advance 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 "6820 - 6820"
CAEN Financial Year 161
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 81.998 euro in 2024 which includes Inventories of 0 euro, Receivables of 51.068 euro and cash availability of 30.930 euro.
The company's Equity was valued at 123.011 euro, while total Liabilities amounted to 67.692 euro. Equity decreased by -41.529 euro, from 165.465 euro in 2023, to 123.011 in 2024.

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