Key figures

Audited (thousand euros)1.1.-31.12.20221.1.31.12.20211.1.31.12.2020
Net sales16 20414 7706 500
Operating margin (EBITDA)59182841
% of net sales3.6 %5.6 %0.6 %
Operating result (EBIT)106333-360
% of net sales0.7 %2.3 %-5.5 %
Profit (loss) for the financial year-108-994-465
% of net sales-0.67 %-6.73 %-7.2 %
Interest-bearing net liabilities-1 445-7 1692 096
Order book9 0688 38810 066
Equity ratio, %52.5 %64.0 %32.3 %
Net gearing ratio, %-11.2 %-55.1 %105.1 %
Return on equity (ROE), %-0.8 %-13.3 %-23.3 %
Number of personnel on average685747

Calculation of key figures

Operating margin (EBITDA)=Net sales +/- Increase or decrease in finished goods and work in progress and inventories + manufacturing for own use + other operating income – materials and services – personnel costs – other operating expenses
EBITDA margin on net sales, %=EBITDA margin / net sales
Operating profit on net sales, %=Operating profit / net sales
Profit (loss) for the period on net sales, %=Profit (loss) for the period / net sales
Net interest-bearing liabilities=Interest-bearing liabilities – cash and bank balances
Order backlog=The proportion of customer orders outstanding or partially invoiced at the end of the accounting period 
Equity ratio, %=Total equity / Balance sheet total
Net gearing, %=(Interest-bearing liabilities – cash and cash equivalents) / Total equity
Return on equity, %=Profit (loss) for the period / Average equity during the period1