Overview

Key figures (IFRS)

(EUR 1,000 or %)

2020

2019

Net sales 8 971 9 513
Change of net sales, %    -5,7 -5,3
Operating result -936 -213
- percent of net sales   -10.6 -2.2
Result before tax    -952 -240
Result for the period -812 -161
- percent of net sales  -9.0 -2.5
Cash and cash equivalents

185

1 035

Gearing, % 38 -9.1
Earnings per Share, EUR -0.068 -0.013
Equity per Share, EUR 0.161 0.222
Equity Ratio, %   34.6 44.5
Return on Investment (p.a.), %      -28.0 -5.9
Dividend, €/share 0.000 0.000

 

Consolidated Comprehensive Income Statement (IFRS)

(EUR 1,000)

2020

2019

Net sales 8 971
9 513
Other operating income 100 0
Materials and services 1 422 1 143
Employee benefit expenses 6 649 6 455
Depreciation and amortization 1 183 1 250
Other operating expenses 753 878
Total expenses 10 007 9 727
Operating result -936
-213
Financial income 27 25
Financial expenses -43 -51
Financial items, net -16 -26
Result before tax -952
-240
Income taxes 140 78
Result for the period -812
-161

 

Other items in comprehensive income that may be reclassified subsequently to profit or loss:

Exchange differences on translating foreign operations -2 -5
Other items in comprehensive income, net of tax -2
-5
Total comprehensive income, net of tax -814
-166
     
Earnings per share, EUR    
Undiluted -0.068 -0.013
Diluted -0.068 -0.013

 

Consolidated Balance Sheet (IFRS)

(EUR 1,000)

2020

2019

ASSETS 6 317 7 007

 

Non-current assets

 

 

Capitalized product development expenses 1 801 1 709
Other intangible assets 254 335
Goodwill 513 513
Tangible assets 387 371
Other investments 5 5
Deferred tax assets 273 136
Total non-current assets 3 231
3 068

 

Current assets

 

 

Trade and other receivables 2 901 2 904
Cash and cash equivalents 185 1 035
Total current assets 3 086
3 939
Total assets 6 317
7 007

 

EQUITY AND LIABILITIES

 

 

Equity    
Share capital 1 359 1 359
Other funds 21 21
Treasury shares -439 -439
Translation difference -69 -66
Invested non-restricted equity fund 5 5
Retained earnings  1 126 1 882
Equity attributable to shareholders of the parent company 2 004
2 762

 

Current liabilities

 

 

Trade and other payables 3 366 3 461
Total current liabilities 4 313
4 245

Total liabilities

4 313

4 245

Total equity and liabilities

6 317

7 007

 

Consolidated Cash Flow Statement (IFRS)

(EUR 1,000)

2020

2019

Cash flow from operating activities    
Result for the period -812 -161
Adjustments to the result    
  Depreciation 1 183 1 250
  Other adjustments -49 0
Working capital changes:    
Increase(-)/decrease(+) in short-term non-interest bearing receivables 165 601
Increase(+)/decrease(-) in short-term non-interest bearing liabilities -120 -296
Interest and other financial expenses paid -40 -51
Interest and other financial income received 27 25
Income taxes paid -21 -18
Net cash from operating activities 334
1 349 

 

Cash flows from investing activities

 

 

Purchases of tangible assets -158 -54
Capitalized development expenses -825 -788
Acquisitions of other intangible assets -115 -200
Net cash used in investing activities - 1 098
-1 041 

 

Cash flow from financing activities

 

 

Repayments of long-term borrowings -761 -278
Dividends paid - -
Net cash used in financing activities -61
222 
Net change in cash and cash equivalents -825
530 

 

 

 

Cash and cash equivalents at the beginning of year 1 035
505
Effect of exchange rate differences -25
0
Cash and cash equivalents at the end of year 185
1 305

 

 

 

Definition of Key Indicators

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 03/2021