Financial position

On December 31, 2021 net interest-bearing debt was EUR 70,6 million (EUR 45,2 million) and equity-to-assets ratio was 44.2% (52.5%). At the end of 2021, gearing was 50.7% (31.6%).

In 2021 cash flow from operations totaled EUR 24.4 million (EUR 42.5 million). The impact of net change of working capital to cash flow from operations was EUR -2.9 million (EUR 20.4 million).

Net cash used in investing activities increased from the comparison period amounting to EUR 22.7 million (EUR 3.8 million). 

Read more about financial position:

Group’s Financial Trends