Published: 2021-09-01 17:01:01 CEST
Moda Kapitāls
Half Year financial report

CORRECTION: Half Year financial report

JSC "Moda kapitals" financial report in english is attached to the corrected message

JSC "Moda kapitals" unaudited financial results for the first 6 months of 2021: * Net loses 162.747,00 EUR (6 month of 2020: Net loses 127.006,00 EUR) * Net revenue 517.262,00 EUR (6 month of 2020 Net revenue 791.280,00 EUR).

 

STATEMENT OF COMPREHENSIVE INCOME      
               
          01.01.2021-30.06.2021   01.01.2020-30.06.2020
          EUR   EUR
Revenue   517,262   791,280
Finance income   368,933   387,477
Cost of sales   -375,581   -639,690
Finance costs   -133,531   -213,799
Gross profit   377,083   325,286
         
Selling costs   -379,597   -336,050
Administrative expenses   -138,581   -115,310
Other income   2,167   7,194
Other expenses   -23,819   -8,108
Profit or (loss) before income tax   -162,747   -127,006
         
Corporate income tax        
Net profit or (loss)       -162,747   -127,006
Other comprehensive income or (loss)          
Total comprehensive income or (loss)   -162,747   -127,006
               
               
               
STATEMENT OF FINANCIAL POSITION        
            30.06.2021 31.12.2020
ASSETS           EUR EUR
     
Non-current assets    
Intangible assets 58,344 61,882
Fixed assets 389,611 418,273
Right to use asset 3,753 6,006
Other non-current assets 142 142
Total non-current assets 451,850 486,303
     
Current assets    
Inventories 744,521 756,131
Loans and receivables 854,698 1,060,744
Other current assets 49,192 73,751
Participation in the capital of related companies   367,034
Cash and its equivalents 189,389 522,558
Total current assets 1,837,800 2,780,218
               
TOTAL ASSETS 2,289,650 3,266,521
               
               
            30.06.2021 31.12.2020
EQUITY AND LIABILITIES       EUR EUR
     
Equity    
Share capital 995,400 995,400
Revaluation reserves of non-current assets 158,439 158,439
Retained earnings/(accumulated deficit) -1,370,227 -1,207,480
Total equity -216,388 -53641
     
Liabilities    
Non-current liabilities    
Borrowings* 2,340,000 2,840,000
Lease obligations   1,553
Total non-current liabilities 2,340,000 2,841,553
     
Current liabilities    
Borrowings   336,948
Lease obligations 3,860 4,589
Trade and other payables 162,178 137,072
Total current liabilities 166,038 478609
     
Total liabilities 2,506,038 3,320,162
     
TOTOAL EQUITY AND LIABILITIES 2,289,650 3,266,521

 

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


FS 30.06.2021. ENG.pdf