CHICAGO RIVET & MACHINE CO
For the period ended Dec 31, 2023. Filed Mar 28, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 28, 2024
CVR$9.61-8.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| CHICAGO RIVET & MACHINE CO. | ||
|---|---|---|
| Consolidated Balance Sheets | ||
| December 31, 2023 | December 31, 2022 | |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $ 1,387,075 | $ 4,045,101 |
| Short-Term Investments | 1,771,120 | 2,691,000 |
| Accounts Receivable - Less allowances of $160,000 | 4,275,882 | 4,975,137 |
| Contract Assets | 118,301 | - |
| Inventories, net | 7,327,653 | 9,121,230 |
| Prepaid Income Taxes | 580,287 | 509,119 |
| Other Current Assets | 380,562 | 422,747 |
| Total Current Assets | 15,840,880 | 21,764,334 |
| Property, Plant and Equipment, net | 11,665,082 | 11,861,793 |
| Deferred Income Taxes, net | 324,943 | - |
| Total Assets | $ 27,830,905 | $ 33,626,127 |
| Liabilities and Shareholders' Equity | ||
| Current Liabilities | ||
| Accounts Payable | $ 788,974 | $ 697,235 |
| Accrued Wages and Salaries | 514,900 | 462,332 |
| Other Accrued Expenses | 129,963 | 327,961 |
| Unearned Revenue and Customer Deposits | 430,179 | 203,717 |
| Total Current Liabilities | 1,864,016 | 1,691,245 |
| Deferred Income Taxes, net | - | 948,084 |
| Total Liabilities | 1,864,016 | 2,639,329 |
| Commitments and Contingencies (Note 8) | ||
| Shareholders' Equity | ||
| Preferred Stock, No Par Value, 500,000 Shares Authorized: None Outstanding | - | - |
| Common Stock, $1.00 Par Value, 4,000,000 Shares Authorized: 1,138,096 Shares Issued, 966,132 Shares Outstanding | 1,138,096 | 1,138,096 |
| Additional Paid-in Capital | 447,134 | 447,134 |
| Retained Earnings | 28,303,757 | 33,323,666 |
| Treasury Stock, 171,964 Shares at cost | (3,922,098) | (3,922,098) |
| Total Shareholders' Equity | 25,966,889 | 30,986,798 |
| Total Liabilities and Shareholders' Equity | $ 27,830,905 | $ 33,626,127 |
| The accompanying notes are an integral part of the Consolidated Financial Statements. | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.