Published: 2020-05-29 16:05:54 CEST
Kurzemes atslēga 1
Interim report (Q1 and Q3)

A/S KURZEMES ATSLEGA-1 Non-audited Financial Report for first 3 Months 2020

A/S KURZEMES ATSLEGA-1 Non-audited Financial Report for first 3 Months 2020

Kalvenes street,Aizpute, 2020-05-29 16:05 CEST --  

Net turnover for the first quarter 2020 was 310291 EUR As compared to 2019 first quarter, the net sales in 2020 decreased by 149109 EUR, which amounts to 32.5% of the sales of 2019 first quarter.The Company concluded the first quarter of 2020  with  a  loss   of  99390 EUR.              

Profit and loss account

N. Item 31.03.2020 31.03.2019
    EUR EUR
1 Net sales 310291 459400
2 Cost of sales (376928) (488374)
3 Gross profit (66637) (28974)
4 Distribution expenses (12458) (10196)
5 Administration expenses (22829) (21335)
6 Other operating income 7964 7934
7 Other operating expenses (5185) (4968)
8 Income from participation in subsidiary capital (99145) (57539)
9 Interest paid and similar expense (210) (332)
10 Operating profit (99355) (57871)
11 Profit before taxes (99355) (57871)
12 Corporate income tax (35) (107)
13 Net profit for the year (99390) (57978)

 

Loss per share                                                                                (011)                 (0.06)                                                                                                                                                                                                                                  In the attachment:

Financial information for the period 01.01.2020-31.03.2020

The Board

 

         Irena Burve
         Chief accountant
         A/S Kurzemes Atslega-1
         Tel.: +371 63448075
         E-mail: gramatv@ka1.lv


Financial report_ka1_2020.31.03.pdf