Notes to the Consolidated Financial Statements

30. The group's key financial ratios 

€ 000

2014

2013

2012

2011

2010

Extent of business

   

 

 

 

Net sales, € 000

97,433 99,740 100,448 121,940 130,825

  - change on previous year, %

-2.3% -0.7% -17.6% -6.8% 9%

Gross capital expenditure, € 000

1,147 1,598 802 2,733 1,965

  - % of net sales

1 % 2% 1% 2% 2%

Capitalisation for research and development 

-

 

-

 

-

- -

  - % of net sales

0% 0% 0% 0% 0%

Number of personnel, 31 December

932 938 982 1,175 1,558

Average number of personnel

935 939 1,025 1,453 1,508

 

   

 

 

 

Profitability

   

 

 

 

Operating profit, € 000

4,310 -2,822 6,884 -22,168 17,164

  - % of net sales

4% -3% 7% -18% 13%

Net profit, € 000

2,850 -4,067 4,024 -22,452 17,164

  - % of net sales

3% -4% 4% -18% 13%

Return on equity, %

8% -10% 10% -42% 18%

Return on investment, %

9% -4% 11% -29% 19%
 
   

 

 

 

Financing and financial standing

     

 

 

Loans from financial institutions,
€ 000

16,245 16,883 19,849 21,872 23,316

Cash and cash equivalents, € 000

5,132 6,454 8,283 8,170 9,682

Net gearing, %

30% 29% 28% 34% 20%

Equity ratio, %

51% 50% 53% 48% 59%

Cash flow from operations, € 000

1,881 4,855 19,946 8,842 11,066

Dividends (paid)*

2,082 2,082 2,077 5,577 2,885

Earnings per share, EUR undiluted

0.14 -0.20 0.19 -1.08 0.56

Earnings per share, EUR diluted

0.14 -0.20 0.19 -1.08 0.56

Equity per share 

1.76 1.73 2.01 1.90 3.23

Dividend per share (proposal for 2014)

0.05 0.10 0.10 0.10 0.27

Dividend payout ratio

  - 53% -

48%

Effective dividend yield

  3% 4% 4% 5%

Price/earnings ratio (P/E)

- - 13.79 -

8.98

Lowest share price

2.66 2.65 2.28 2.30 3.38

Highest share price

4.59 4.34 3.30 5.79 5.89

Average share price

3.79 3.19 2.82 3.88 5.01

Market capitalisation

55,529 81,624 54,694 50,519 104,949

Trading volume, shares

3,864.505 4,095,297 1,652,971 7,135,305 7,260,278

Trading volume, %

19% 20% 8% 34% 35%
*In 2012 and 2014, repayment of capital instead of dividends

 

The weighted average number of shares during the accounting period, adjusted for share issues, was 20,780,221. The diluted weighted average number of shares during the period was 20,780,221. The number of shares outstanding at the end of the accounting period was 20,775,273. At the year-end, the company held 57,372 of its own shares.