28. Key Financial Ratios

Notes to the Consolidated Financial Statements

28. The Group's key financial ratios 

€ 000

2016

2015

2014

2013

2012

Extent of business

       

 

Net sales, € 000

86,463 80,946 97,433 99,740 100,448

- change on previous year, %

6.8% - -2.3% -0.7% -17.6%

Gross capital expenditure, € 000

1,660 1,473 1,147 1,598 802

- % of net sales

2% 1% 1% 2% 1%

Capitalisation for research and development 

- - -

 -

 -

- % of net sales

0% 0% 0% 0% 0%

Comparable number of personnel, 31 Dec.

872 759 932 938 982

Average number of personnel

810 753 935 939 1,025

 

       

 

Profitability

       

 

Operating profit, € 000

5,419 5,854 4,310 -2,822 6,884

- % of net sales

6% 7% 4% -3% 7%

Net profit, € 000

4,064 4,246 2,850 -4,067 4,024

- % of net sales

5% 5% 3% -4% 4%

Return on equity, %

11% 14% 8% -10% 10%

Return on investment, %

11% 16% 9% -4% 11%
 
       

 

Financing and financial standing

         

Loans from financial institutions, € 000

13,686 13,513 16,245 16,883 19,849

Cash and cash equivalents, € 000

1,994 6,710 5,132 6,454 8,283

Net gearing, %

36% 17% 30% 29% 28%

Equity ratio, %

50% 54% 51% 50% 53%

Cash flow from operations, € 000

3,811 6,679 1,824 4,855 19,946

Dividends (paid)*

1,059 1,039 2,082 2,082 2,077

Earnings per share, EUR undiluted

0.20 0.20 0.14 -0.20 0.19

Earnings per share, EUR diluted

0.20 0.20 0.14 -0.20 0.19

Equity per share 

1.57 1.96 1.76 1.73 2.01

Dividend per share (proposal for 2016)

0.08 0.08 0.05 0.10 0.10

Dividend payout ratio

- 32% 36% - 53%

Effective dividend yield

- 3% 2% 3% 4%

Price/earnings ratio (P/E)

16.58 28.04 19.0 - 13.79

Lowest share price

2.81 2.74 2.66 2.65 2.28

Highest share price

7.40 7.47 4.59 4.34 3.30

Average share price

4.32 4.05 3.79 3.19 2.82

Market capitalisation

65,758 146,338 55,529 81,624 54,694

Trading volume, shares

4,200,698 7,652,995 3,864.505 4,095,297 1,652,971

Trading volume, %

20% 37% 19% 20% 8%
* In 2012 and 2014, repayment of capital instead of dividends.
 

The weighted average number of shares during the reporting period, adjusted for share issues, came to 20,738,761 in total. The diluted weighted average number of shares during the period was 20,738,761. The number of outstanding shares at the end of the review period was 20,726,838. At the year-end, the company held 57,372 of its own shares. The comparison figures for earnings in 2015 have been adjusted. The comparison figures for 2014–2012 include the Qt business.