Financial results - NOVAC SOLUTIONS SRL

Financial Summary - Novac Solutions Srl
Unique identification code: 23381109
Registration number: J40/3494/2008
Nace: 4291
Sales - Ron
93.849
Net Profit - Ron
-16.747
Employees
2
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Company Novac Solutions Srl with Fiscal Code 23381109 recorded a turnover of 2024 of 93.849, with a net profit of -16.747 and having an average number of employees of 2. The company operates in the field of Construcţii hidrotehnice having the NACE code 4291.
Sales - Ron

Sales, Profit, Employees, Total Income, Financial Results - Novac Solutions Srl

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Sales - EUR 30.234 3.449 21.353 2.149 1.770 332.220 565.497 453.079 178.276 93.849
Total Income - EUR 30.235 3.468 23.059 2.151 1.843 332.289 566.405 453.095 178.458 93.880
Total Expenses - EUR 10.648 12.532 13.129 19.155 17.921 240.064 417.040 330.306 149.195 107.951
Gross Profit/Loss - EUR 19.587 -9.064 9.930 -17.004 -16.077 92.225 149.365 122.789 29.263 -14.072
Net Profit/Loss - EUR 18.680 -9.134 9.699 -17.069 -16.133 82.259 143.823 118.348 27.748 -16.747
Employees 2 2 2 1 1 1 1 1 2 2
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 -47.1%, from 178.276 euro in the year 2023, to 93.849 euro in 2024. The Net Profit decreased by -27.593 euro, from 27.748 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 - Novac Solutions Srl - CUI 23381109

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fixed Assets 0 0 0 13.702 9.405 21.039 15.421 16.429 21.239 16.630
Current Assets 112.244 99.900 108.293 96.291 9.988 191.739 267.588 174.200 171.470 25.640
Inventories 0 0 0 0 0 3.909 2.083 0 3.496 3.910
Receivables 8.301 2.663 4.123 7.740 7.211 164.748 3.323 166.785 4.293 6.806
Cash 103.943 97.237 104.170 88.550 2.777 23.082 262.183 7.415 163.681 14.924
Shareholders Funds 105.648 95.437 103.521 84.552 -15.880 66.680 144.066 118.592 102.251 2.443
Social Capital 225 223 219 215 211 207 202 203 202 201
Debts 6.596 4.463 4.772 25.450 35.357 146.224 139.143 72.205 90.484 39.846
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 "4291 - 4291"
CAEN Financial Year 4291
The table presents the company's Balance Sheet structure for the last 10 years. Current Assets recorded a value of 25.640 euro in 2024 which includes Inventories of 3.910 euro, Receivables of 6.806 euro and cash availability of 14.924 euro.
The company's Equity was valued at 2.443 euro, while total Liabilities amounted to 39.846 euro. Equity decreased by -99.236 euro, from 102.251 euro in 2023, to 2.443 in 2024.

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