(EUR 1,000 or %) |
2019 |
2018 |
2017 |
| Net sales | 9 513 | 10 047 | 8 942 |
| Change of net sales, % | -5,3 | 12.4 | |
| Operating result | -213 | 521 | -110 |
| - percent of net sales | -2.2 | 5.2 | -1.2 |
| Result before tax | -240 | 335 | -148 |
| Result for the period | -161 | 320 | -294 |
| - percent of net sales | -2.5 | 3.2 | -3.3 |
| Cash and cash equivalents |
1 035 |
505 | 318 |
| Gearing, % | -9.1 | -17.6 | -11.6 |
| Earnings per Share, EUR | -0.013 | 0.027 | -0.025 |
| Equity per Share, EUR | 0.222 | 0.231 | 0.220 |
| Equity Ratio, % | 44.5 | 48.6 | 48.2 |
| Return on Investment (p.a.), % | -5.9 | 18.9 | -3.3 |
| Dividend, €/share | 0.000 | 0.000 | 0.030 |
(EUR 1,000) |
2019
|
2018 |
2017 |
| Net sales | 9 513 |
10 047 | 8 942 |
| Other operating income | 0 | -10 | 18 |
| Materials and services | 1 143 | 1 196 | 1 154 |
| Employee benefit expenses | 6 455 | 6 142 | 5 682 |
| Depreciation and amortization | 1 250 | 949 | 913 |
| Other operating expenses | 878 | 1 229 | 1 320 |
| Total expenses | 9 479 | 9 516 | 9 070 |
| Operating result | -213 | 521 | -110 |
| Financial income | 25 | 9 | 10 |
| Financial expenses | -51 | -196 | -48 |
| Financial items, net | -26 | -187 | -38 |
| Result before tax | -240 |
335 | -148 |
| Income taxes | 78 | -15 | -146 |
| Result for the period | -161 |
320 | -294 |
Other items in comprehensive income that may be reclassified subsequently to profit or loss:
| Exchange differences on translating foreign operations | -5 | 179 | -7 |
| Other items in comprehensive income, net of tax | -5 |
179 | -7 |
| Total comprehensive income, net of tax | -166 |
499 | -302 |
| Earnings per share, EUR | |||
| Undiluted | -0.013 | 0.027 | -0.025 |
| Diluted | -0.013 | 0.027 | -0.025 |
(EUR 1,000) |
2019 |
2018 |
2017 |
| ASSETS | 7 007 | 6 436 | 6 807 |
|
Non-current assets |
|
||
| Capitalized product development expenses | 1 709 | 1 693 | 1 778 |
| Other intangible assets | 335 | 138 | 174 |
| Goodwill | 513 | 513 | 513 |
| Tangible assets | 371 | 116 | 153 |
| Other investments | 5 | 5 | 5 |
| Deferred tax assets | 136 | 57 | 122 |
| Total non-current assets | 3 068 | 2,521 | 2,745 |
|
Current assets |
|
||
| Trade and other receivables | 2 904 | 3 409 | 3 744 |
| Cash and cash equivalents | 1 035 | 505 | 318 |
| Total current assets | 3 939 | 3 915 | 4 061 |
| Total assets | 7 007 | 6 436 | 6 807 |
EQUITY AND LIABILITIES |
|
||
| Equity | |||
| Share capital | 1 359 | 1 359 | 1 359 |
| Other funds | 21 | 21 | 21 |
| Treasury shares | -439 | -439 | -439 |
| Translation difference | -66 | -61 | -240 |
| Invested non-restricted equity fund | 5 | 5 | 5 |
| Retained earnings | 1 882 | 1 987 | 2 027 |
| Equity attributable to shareholders of the parent company | 2 762 | 2 873 | 2 733 |
|
Current liabilities |
|
||
| Trade and other payables | 3 461 | 3 563 | 4 074 |
| Total current liabilities | 4 245 | 3 563 | 4 074 |
|
Total liabilities |
4 245 |
3 563 | 4 074 |
|
Total equity and liabilities |
7 007 |
6 436 | 6 807 |
(EUR 1,000) |
2019 |
2018 |
2017 |
| Cash flow from operating activities | |||
| Result for the period | -161 | 320 | -294 |
| Adjustments to the result | |||
| Depreciation | 1 250 | 949 | 913 |
| Other adjustments | 0 | 378 | 177 |
| Working capital changes: | |||
| Increase(-)/decrease(+) in short-term non-interest bearing receivables | 601 | 178 | 1387 |
| Increase(+)/decrease(-) in short-term non-interest bearing liabilities | -296 | -446 | -1044 |
| Interest and other financial expenses paid | -51 | -28 | -37 |
| Interest and other financial income received | 25 | 9 | 10 |
| Income taxes paid | -18 | -27 | -128 |
| Net cash from operating activities | 1 349 | 1 335 | 984 |
|
Cash flows from investing activities |
|
||
| Purchases of tangible assets | -54 | -50 | -75 |
| Capitalized development expenses | -788 | -733 | -792 |
| Other investments in intangible assets | -200 | -7 | -5 |
| Net cash used in investing activities | -1 041 | -790 | -872 |
|
Cash flow from financing activities |
|
||
| Repayments of long-term borrowings | -278 | - | - |
| Dividends paid | 0 | -360 | -360 |
| Net cash used in financing activities | 222 | -360 | -360 |
| Net change in cash and cash equivalents | 530 | 185 | -247 |
|
|
|
||
| Cash and cash equivalents at the beginning of year | 505 |
318 | 565 |
| Effect of exchange rate differences | 0 |
2 | 0 |
| Cash and cash equivalents at the end of year | 1 305 |
505 | 318 |
Return on equity (ROE), %:
(Profit for the period x 100) / (Shareholders' equity (average))
Return on investment (ROI), %
(Profit before taxes + interest and other financial expenses) x 100
Balance sheet total - non-interest bearing liabilities (average)
Equity ratio, %:
(Total equity x 100) / (Balance sheet total - advances received)
Gearing, %:
((Interest-bearing liabilities - cash and cash equivalents) x 100) / (Total equity)
Earnings per share, euro:
(Profit for the period attributable to the shareholders of the parent company) / (Weighted average number of shares outstanding during the year)
Equity per share, euro:
(Equity attributable to shareholders of the parent company) / (Number of shares outstanding at the end of the year)
Dividend per share, euro:
(Total dividend paid) / (Number of shares outstanding at the end of the year)
Dividend per profit, %:
(Dividend per share x 100) / (Earnings per share)
Effective dividend yield, %:
(Dividend per share x 100) / (Share price at the end of the year)
Price/earnings ratio (P/E):
(Share price at the end of the year) / (Earnings per share)
Market capitalization:
Total number of shares outstanding x share price at the end of the year
Turnover of shares, % of all shares:
(Number of shares traded x 100) / (Average number of shares outstanding during the year)
Updated 03/2020
QPR Software Plc
Huopalahdentie 24
00350 Helsinki
Finland
VAT FI08326937
