AdobeStock_267980256
Financial
information

Five years in figures

Five years in figures, MEUR
 20222021202020192018
Net sales5,8424,7784,6045,1705,174
of which outside Finland, %99.298.597.998.598.9
Exports from Finland1,9751,8451,7021,9332,145
Personnel on average17,48217,46118,30719,11018,899
of which in Finland3,8083,6873,7063,8683,766
Order book5,9065,8595,0575,8786,166
 
From the consolidated statement of income
 20222021202020192018
Depreciation, amortisation and impairment263162174180130
Share of result of associates and joint ventures633-913
Comparable operating result325357275457577
as a percentage of net sales, %5.67.56.08.811.2
Operating result-26314234362543
as a percentage of net sales, %-0.46.65.17.010.5
Comparable adjusted EBITA349388308498621
as a percentage of net sales, %6.08.16.79.612.0
Financial income and expenses-6-18-43-47-40
Result before taxes-32296191315502
as a percentage of net sales, %-0.56.24.26.19.7
Result for the financial period-59193133218386
as a percentage of net sales, %-1.04.02.94.27.5
 
From the consolidated statement of financial position
 20222021202020192018
Non-current assets2,5562,5392,4272,5182,369
Current assets3,9973,9823,7063,7973,690
Assets held for sale5429982-
Total equity attributable to equity holders of the parent company2,1352,3152,1772,3962,418
Non-controlling interests128111414
Interest-bearing debt9499731,3271,096823
Non interest-bearing liabilities3,4893,2272,6482,8242,804
Liabilities directly attributable to assets held for sale22-6868
Total equity and liabilities6,6066,5236,2326,3986,059
 
From the consolidated statement of cash flows
 20222021202020192018
Cash flow from operating activities-62731681232470
Cash flow from investing activities-151-128-55-95-240
Cash flow from financing activities-289-580-44-256-118
Gross capital expenditure161143117122306
as percentage of net sales, %2.83.02.52.45.9
Research and development expenses241196*153164165
as percentage of net sales, %4.14.1*3.33.23.2
Dividends paid153**142118284284
 
Financial ratios
 20222021202020192018
Earnings per share, basic and diluted (EPS), EUR-0.110.330.230.370.65
Dividend per share, EUR-0.11**0.240.200.480.48
Dividend per earnings, %0.26**73.288.2130.873.7
Interest coverage-234.9**15.07.17.710.8
Return on investment (ROI), %7.39.77.111.518.1
Return on equity (ROE), %0.18.65.89.016.1
Solvency ratio, %-2.638.638.140.844.4
Gearing0.230.000.180.300.14
Equity per share, EUR3.623.923.684.054.09
Working capital (WCAP), EUR179-100257732581

The financial ratios include assets and liabilities pertaining to assets held for sale.

* Figure in the comparison period 2021 has been restated to reflect a change in the definition of research and development expenditure.    
** Proposal of the Board of Directors

 
Related information:
Calculation of financial ratios