Key figures

INCOME STATEMENT	2017 IFRS	2018 IFRS	2019 IFRS	2020 IFRS	2021 IFRS
Revenue, EUR million	431.9	477.8	504.1	553.6	574.5
Gross margin1, % of Revenue	14.5	15.1	14.7	16.0	15.9
EBITDA, EUR million	18.0	18.4	16.3	24.6	25.3
EBITDA margin, % of Revenue	4.2	3.9	3.2	4.4	4.4
Operating profit (EBIT), EUR million	13.5	13.3	11.3	19.6	20.3
Operating margin (EBIT margin), % of Revenue	3.1	2.8	2.2	3.5	3.5
Profit for the financial year, EUR million	9.4	9.3	7.8	14.6	15.1

BALANCE SHEET
Equity, EUR million	36.8	37.6	36.6	40.5	35.7
Net interest bearing debt, EUR million	-22.6	-20.4	-19.1	-21.2	-0.8
Lease liabilities (IFRS 16)	25.5	22.8	19.7	18.0	16.1
Balance sheet, EUR million	148.9	167.7	160.2	173.7	172.3

KEY RATIOS
Earning per share (EPS), EUR ^*	0.21	0.21	0.17	0.33	0.34
Equity ratio, %	25.1	23.0	23.4	24.5	21.4
Number of personnel at the year-end	633	683	758	818	825

* A share issue without payment (share split) was decided upon in the Extraordinary General Meeting held on 19 August 2015.

Please see published financial statements for further information.

Gross margin, % of revenue: (Revenue - cost of goods sold (COGS)) / Revenue x 100
EBITDA: Earnings before interest, tax, depreciation and amortization
Operating margin, % of revenue: Operating profit / Net turnover x 100
Interest-bearing net debts: Long term loans from credit institutions + Short term loans from credit institutions + subordinate debt - Cash in hand and at bank
Earnings per share: Net profit for the period / Average number of shares adjusted by share issues
Equity ratio (exluding subordinate loans), %: (Capital and reserves + capital loans x (1 – tax rate)) / (Total sum of the balance sheet – advances received) x 100
Working capital: Current assets - Current liabilities
Equity ratio (including subordinate loans), %: (Capital and reserves + capital loans + depreciation reserve x (1 – tax rate)) / (Total sum of the balance sheet – advances received) x 100