Financial Indicators
Financial indicators
| 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|
| Operating profit, MEUR | 11,7 | 16,0 | 16,3 | 16,0 | 12,0 |
| Net profit for the period, MEUR | 9,9 | 12,8 | 13,5 | 12,8 | 9,9 |
| Equity, MEUR | 77,3 | 78,1 | 67,0 | 53,5 | 40,7 |
| Balance sheet total, MEUR | 83,5 | 81,5 | 79,8 | 79,3 | 44,7 |
| Personnel, average | 5 | 4 | 4 | 3 | 3 |
| Return on equity-% | 12,7 | 17,7 | 22,5 | 27,2 | 17,7 |
| Gearing, % | -11,1 | -41,2 | 4,9 | 30,2 | -24,0 |
| Earnings per share, EUR | 0,17 | 0,22 | 0,23 | 0,22 | 0,17 |
| Dividend per share, EUR (1) | 0,04 | 0,04 | 0,18 | 0,00 | 0,00 |
| Net asset value per share, EUR | 1,33 | 1,35 | 1,16 | 0,93 | 0,70 |
(1) 2018 number includes extra dividend (0.15 €/share) paid in February 2020.
Financial objectives and dividend policy
Financial objectives
- Return on equity in the long term at least 13%
- Gearing at most 20%
Dividend Policy
- The aim is to distribute annually an ordinary dividend of approximately 3% of the net asset value per share
- In addition an extra dividend can be distributed after significant exits
Read more about dividends