|
Key figures and ratios, DKK million
|
| Profit and loss
account, EUR million |
1998 |
1999 |
2000 |
2001 |
2002 |
 |
| Net revenue |
217.3 |
253.8 |
398.0 |
472.3 |
528.5 |
| Gross profit |
120.3 |
140.9 |
247.9 |
300.4 |
337.4 |
| Operating profit |
33.5 |
45.4 |
78.8 |
92.0 |
109.0 |
| Financial items, net |
1.1 |
0.4 |
-3.0 |
-5.8 |
-4.1 |
| Profit before tax and
minority interests |
34.9 |
45.8 |
75.5 |
86.2 |
105.0 |
| Profit after tax |
26.9 |
34.8 |
57.6 |
64.9 |
77.9 |
| Net profit for the year |
27.0 |
34.7 |
57.3 |
64.8 |
77.9 |
Balance sheet, EUR million |
|
|
| Interest-bearing items, net |
4.5 |
-12.5 |
-80.2 |
-120.9 |
-99.9 |
| Total assets at year-end |
137.3 |
148.7 |
209.3 |
270.3 |
268.2 |
| Shareholders' equity at year-end |
67.9 |
63.3 |
27.0 |
21.9 |
57.6 |
Other key figures, EUR million |
|
|
|
| Research and development costs |
19.7 |
21.4 |
26.6 |
34.1 |
36.7 |
| Depreciation and write-downs |
7.2 |
7.7 |
11.6 |
13.2 |
14.5 |
| Investment in tangible fixed assets |
9.6 |
12.1 |
15.2 |
23.9 |
17.3 |
| Net cash flow from operating
activities (CFFO) |
26.8 |
29.9 |
42.5 |
42.8 |
90.2 |
| Cash earnings (CE) |
34.1 |
42.5 |
69.1 |
78.1 |
92.5 |
| Employees (average) |
1,925 |
2,132 |
3,323 |
3,997 |
4,208 |
Ratios |
|
|
|
|
|
|
|
|
| Gross profit ratio |
55.4% |
55.5% |
62.2% |
63.6% |
63.9% |
| Profit margin |
15.4% |
17.9% |
19.8% |
19.5% |
20.6% |
| Return on equity |
35.7% |
55.5% |
156.4% |
179.2% |
168.0% |
| Equity ratio |
49.4% |
42.6% |
12.9% |
8.1% |
21.5% |
| Earnings per share (EPS), EUR* |
0.35 |
0.47 |
0.78 |
0.87 |
1.06 |
| Cash flow per share (CFPS),
EUR* |
0.35 |
0.40 |
0.58 |
0.58 |
1.23 |
| Cash earnings per share (CEPS),
EUR* |
0.44 |
0.57 |
0.94 |
1.05 |
1.26 |
| Dividend per share, EUR* |
0.06 |
0.08 |
- |
- |
- |
| Book value per share, EUR* |
0.90 |
0.86 |
0.36 |
0.30 |
0.80 |
| Price earnings (P/E) |
30 |
40 |
62 |
33 |
19 |
| Share price at 31 December,
EUR* |
10.61 |
18.87 |
48.52 |
29.05 |
20.47 |
| Market capitalisation, EUR million* |
799 |
1,391 |
3,600 |
2,153 |
1,473 |
| Fully diluted number of shares, million |
77.08 |
74.22 |
73.72 |
74.16 |
73.31 |
Ratios are calculated
in accordance with "Anbefalinger & Nøgletal 1997" (Guidelines &
Ratios,
1997) from the Danish Society of Financial Analysts.
Cash earnings are calculated as profit after tax with the addition of
depreciation and write-downs. Some key figures and ratios have been
adjusted in accordance with the changes in accounting policies.
*Per share of DKK 1.
** Danmarks Nationalbank's rate of exchange at 31 December 2002 of 742.43 has been used on the translation of key figures and ratios from
DKK into EUR.
|
