Financials
Key figures
| (EUR thousand) | 1‒12/2020 | 1‒12/2019 |
| Revenue | 254 | 758 |
| Operating profit (loss) | -5,473 | -1,779 |
| Earnings per share (EUR, diluted and undiluted) 1) 2) | -0.17 | -0.06 |
| Net debt | -1,372 | -5,846 |
| Equity ratio | 54% | 64% |
| Number of personnel (average) | 34 | 18 |
Calculation of key figures
| Key figure | Definition | Reason for the use |
| Earnings per share, undiluted | Profit (loss) for the period / weighted average number of shares outstanding during the period | The indicator shows the allocation of the result to individual shares. |
| Earnings per share, diluted | Profit (loss) for the period / weighted average number of shares outstanding during the period + potential dilutive shares | The indicator shows the distribution of earnings to individual shares on a diluted basis. |
| Equity ratio (per cent) | Total equity / (Balance sheet total – advances received) | Measure for management to monitor the level of the company’s capital. |
| Net debt | Short-term interest-bearing liabilities + long-term interest-bearing liabilities – cash and cash equivalents | Net debt is an indicator to measure the external debt financing of the company. |
- The company’s potential dilutive instruments consist of stock options. As the company’s business has been unprofitable, stock options would not have an anti-dilutive effect on the earnings per share calculated based on the loss for the period and therefore they are not taken into account in measuring the dilutive loss per share. Thus, there is no difference between the undiluted and diluted loss per share.
- The number of shares in the historical figures is adjusted with the two share splits that took place first in May 2020 in which the number of shares was multiplied by 10 and then in May 2021 in which the number of shares was multiplied by 30. The number of shares used in the key performance indicators table are as following: as at 31 December 2020: 33,848,250 and as at 31 December 2019: 30,181,150.