RE: Liabilities4 Feb 2026 10:43
OMG you are right - Figures:
β’ Cash: 5,052,892
β’ Total assets: 87,729,772
β’ Total liabilities: 9,904,830
1. Net assets / equity position
Net assets = Total assets β Total liabilities
= 87,729,772 β 9,904,830
= 77,824,942
This indicates a very strong equity position. The business owns significantly more than it owes.