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Financial responsibility
By operating profitably we create the foundation for the continued operations of our company, its financial independence and the wellbeing of all employees. Risk management is an integral part of financial responsibility and a vital aspect of our business management.
We continuously monitor risks and threats in all our business operations in order to achieve our targets and ensure the continuity of our operations.
Key figures | 2019 | 2018 |
Net sales M€ | 164.6 | 177.6 |
Financial result M€ | -0.6 | -1.5 |
Investments M€ | 2.7 | 2.0 |
Non-current assets M€ | 20.9 | 20.8 |
Current assets M€ | 47.9 | 62.6 |
Finished goods M€ | 20.8 | 20.1 |
Receivables M€ | 24.9 | 37.7 |
Cash and bank balancies M€ | 2.1 | 4.8 |
Shareholder's equity M€ | 23.4 | 24.5 |
Interest bearing debt M€ | 15.9 | 25.1 |
Non-interest bearing debt M€ | 27.8 | 32.9 |
Total assets M€ | 68.8 | 83.4 |
Quick ratio | 0.7 | 0.9 |
Current ratio | 1.4 | 1.5 |
Solidity % | 36.6 | 33.5 |
Number of personnel on average | 454 | 408 |
Number of employees in Finland | 329 | 285 |