What information does a company’s Balance Sheet contain?
The Balance Sheet contains all key financial data of a company and thus provides a comprehensive overview of its economic situation.
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Assets include, for example, fixed assets, receivables, and cash and bank balances. On the liabilities side, equity, provisions and liabilities are reported. These items show how the company’s assets are financed and represent the company’s capital structure.
Together with the Annual Financial Reports – consisting of the Balance Sheet, Income Statement (Profit and Loss Statement) and notes – it provides a solid basis for assessing a company’s revenue development, liquidity and debt levels.
In particular, when evaluating a Limited Liability Company (GmbH) or making business decisions, the Balance Sheet is an indispensable source of information.
Example Extract from the Business Register
