Published: 2020-08-31 16:30:03 CEST
Moda Kapitāls
Half Year financial report

Half Year financial report

JSC "Moda kapitals" unaudited results for the 6 months of 2020.

JSC "Moda kapitals" unaudited financial results for the first 6 months of 2020: * Net loses 127.006,00 EUR (6 month of 2019: Net loses 68.930 EUR) * Net revenue 791.280,00 EUR (6 month of 2019 Net revenue 769.443,00 EUR).

 

STATEMENT OF COMPREHENSIVE INCOME

          01.01.2020-30.06.2020   01.01.2019-30.06.2019
          EUR   EUR
Revenue   791,280   769,433
Finance income   387,477   521,207
Cost of sales   -639,690   -653,405
Finance costs   -213,799   -206,209
Gross profit   325,268   431,026
         
Selling costs   -336,050   -366,056
Administrative expenses   -115,310   -128,682
Other income   7,194   10,946
Other expenses   -8,108   -16,164
Profit or (loss) before income tax   -127,006   -68,930
         
Corporate income tax        
Net profit or (loss)       -127,006   -68,930
Other comprehensive income or (loss)          
Total comprehensive income or (loss)   -127,006   -68,930

 

STATEMENT OF FINANCIAL POSITION        
            30.06.2020 31.12.2019
ASSETS           EUR EUR
     
Non-current assets    
Intangible assets 67,389 67,499
Fixed assets 421,656 422,753
Right to use asset 76,856 88,410
Participation in the capital of related companies 425,200 425,200
Other non-current assets 142 142
Total non-current assets 991,243 1 004,004
     
Current assets    
Inventories 1,130,250 1,120,858
Loans and receivables 1,367,022 1,502,842
Other current assets 38,324 43,845
Cash and its equivalents 215,276 215,959
Total current assets 2 750,872 2 883,504
               
TOTAL ASSETS 3 742,115 3 887,508
               
               
            30.06.2020 31.12.2019
EQUITY AND LIABILITIES       EUR EUR
     
Equity    
Share capital 426,862 426,862
Revaluation reserves of non-current assets 161,073 163,706
Retained earnings/(accumulated deficit) -842,259 -715,253
Total equity -214,059 -84,420
     
Liabilities    
Non-current liabilities    
Borrowings* 298,549 198,000
Lease obligations 54,636 66,269
Total non-current liabilities 353,185 264,269
     
Current liabilities    
Borrowings 3 380,000 3 538,650
Lease obligations 23,137 22,879
Trade and other payables 199,852 146,130
Total current liabilities 3 602,989  3 707,659
     
Total liabilities 3 956,174 3 971,928
     
TOTOAL EQUITY AND LIABILITIES 3 742,115 3 887,508


 

 

         Guntars Zvinis
         Member of The Board JSC Moda kapitals
         Phone:+37167344234
         email: guntars@draudzigsaizdevums.lv


Pusgada pārskats 2020.gads ENG.pdf