JSC in Liquidation "KURZEMES ATSLĒGA 1" Annual Report 2021 auditedJSC in Liquidation "KURZEMES ATSLĒGA 1" Annual Report 2021 auditedKalvenes street 27, Aizpute,Dienvidkurzemes novads LV-3456, Latvia, 2022-05-18 14:54 CEST --
AS “KURZEMES ATSLĒGA 1” core activity has not changed during 2021. Locks, ironmongery, furniture items, forgings of metal, building structures, technologic equipment were being produced and galvanizing services were being rendered. Net sales in 2021 amounted to 758 228 EUR. As compared to 2020, the net sales in 2021 decreased by 743 047 EUR, which amounts to 49.5% of the sales of 2020. The decrease is a result of the suspension of the production in July 2021.The financial result of the operations of the Company in 2021 was a loss of 576 916 EUR
Profit and loss account for the year ended 31 December 2021
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2021 |
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2020 |
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Note |
EUR |
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EUR |
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Net sales |
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758 228 |
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1 501 275 |
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Cost of sales |
1 |
(1 330 079) |
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(1 768 755) |
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Gross (loss) / profit |
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(571 851) |
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(267 480) |
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Selling expenses |
2 |
(19 416) |
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(54 004) |
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Administrative expenses |
3 |
(45 930) |
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(80 142) |
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Other operating income |
4 |
219 334 |
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13 785 |
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Other operating expenses |
5 |
(147 771) |
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(27 876) |
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Interest expenses and similar expenses |
6 |
(11 282) |
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(6 136) |
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Loss before corporate income tax |
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(576 916) |
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(421 853) |
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Corporate income tax for the reporting year |
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- |
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(35) |
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Current year's loss |
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(576 916) |
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(421 888) |
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Pēteris Frīdenbergs
JSC in Liquidation "KURZEMES ATSLĒGA 1"Liquidator
e-mail: peteris@ka1.lv
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