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Consolidated Statement of Changes In Equity - USD ($)
Share Capital
Foreign Currency Translation reserve
Equity Component of Convertible loan
(Accumulated deficit) retained earnings
Total
Non- controlling interest
Total
Balance at Dec. 31, 2020 $ 1,015,587 $ (4,142) $ (708,280) $ 303,165 $ 303,165
Comprehensive income (loss) for the year              
Profit (loss) for the year 362,860 362,860 362,860
Other comprehensive loss              
Exchange differences on translation of foreign operations (9,939) (9,939) (9,939)
Total comprehensive income (loss) for the year (9,939) 362,860 352,921 352,921
Transactions with owners of the Company              
Dividend declared (722,745) (722,745) (722,745)
Transactions with owners of the Company (722,745) (722,745) (722,745)
Balance at Dec. 31, 2021 1,015,587 (14,081) (1,068,165) (66,659) (66,659)
Comprehensive income (loss) for the year              
Profit (loss) for the year 761,628 761,628 (288) 761,340
Other comprehensive loss              
Exchange differences on translation of foreign operations 27,319 27,319 (388) 26,931
Total comprehensive income (loss) for the year 27,319 761,628 788,947 (676) 788,271
Transactions with owners of the Company              
Contribution by owners            
Issuance of shares 212,450 212,450 212,450
Issuance of convertible notes 7,587 7,587 7,587
Transactions with owners of the Company 212,450 7,587 220,037 220,037
Balance at Dec. 31, 2022 1,228,037 13,238 7,587 (306,537) 942,325 (676) 941,649
Comprehensive income (loss) for the year              
Profit (loss) for the year 852,334 852,334 11,703 864,037
Other comprehensive loss              
Exchange differences on translation of foreign operations 7,429 7,429 (128) 7,301
Total comprehensive income (loss) for the year 7,429 852,334 859,763 11,575 871,338
Transactions with owners of the Company              
Conversion of convertible notes 736,113 (7,587) 728,526 728,526
Issuance of convertible notes 1,600,000 1,600,000 1,600,000
Transactions with owners of the Company 2,336,113 (7,587) 2,328,526 2,328,526
Balance at Dec. 31, 2023 $ 3,564,150 $ 20,667 $ 545,797 $ 4,130,614 $ 10,899 $ 4,141,513