Financial position

On December 31, 2022 net interest-bearing debt was 107.1 MEUR (70.6) and equity-to-assets ratio was 41.2% (44.2). At the end of 2022, gearing was 77.0% (50.7).

In 2022, cash flow from operations totaled to -12.9 MEUR (24.4). The impact of net change of working capital to cash flow from operations was -28.7 MEUR (-2.9).

Net cash used in investing activities decreased from the comparison period amounting to 10.7 MEUR (22.7). 

Read more about financial position:

Group’s Financial Trends