| EUR thousand | Note | 2019 | 2018 | ||
| Cash flows from operating activities | |||||
| Profit (-loss) for the financial year | 5,508 | 6,493 | |||
| Adjustments: | |||||
| Non-cash items | 248 | 15 | |||
| Depreciation and amortization | 8 | 2,983 | 1,179 | ||
| Unrealized exchange rate gains and losses | -134 | 33 | |||
| Finance income | 10 | -106 | -146 | ||
| Finance expenses | 10 | 461 | 278 | ||
| Taxes | 11 | 1,549 | 1,659 | ||
| Other adjustments | 0 | -1 | |||
| Change in net working capital: | |||||
| Change in trade and other receivables | 15 | -2,514 | -1,555 | ||
| Change in inventory | 14 | -1,560 | -2,031 | ||
| Change in trade and other payables | 21 | 3,454 | 1,081 | ||
| Change in provisions | 24 | -250 | -234 | ||
| Interest paid | -134 | -17 | |||
| Interest received | 88 | 7 | |||
| Income taxes paid | -842 | -2,913 | |||
| Other financial items | -49 | -45 | |||
| Net cash flows from operating activities | 8,703 | 3,803 | |||
| Cash flows from investing activities | |||||
| Investments in tangible assets | 13 | -1,322 | -901 | ||
| Investments in intangible assets | 12 | -3,398 | -2,400 | ||
| Net cash flows from investing activities | -4,720 | -3,301 | |||
| Cash flows from financing activities | |||||
| Loans granted | 15 | 0 | -688 | ||
| Repayments of loans and borrowings | 15, 26 | 2,662 | 0 | ||
| Acquisition of own shares | -261 | 0 | |||
| Proceeds from issuance of shares | 17, 18 | 150 | 688 | ||
| Dividends paid | 17 | -2,472 | -1,786 | ||
| Repayment of capital | 0 | -8,254 | |||
| Payments of lease liabilities | 23 | -912 | 0 | ||
| Payments of short-term liabilities | 20 | 0 | 0 | ||
| Proceeds from long-term liabilities | 20 | 0 | 0 | ||
| Payments of long-term liabilities | 20 | 0 | 0 | ||
| Net cash flows from financing activities | -833 | -10,040 | |||
| Change in cash flows | 3,150 | -9,538 | |||
| Cash and cash equivalents at 1 January | 1,218 | 10,871 | |||
| Net effect of changes in exchange rates on financial assets | -258 | -115 | |||
| Cash and cash equivalents at 31 December | 16 | 4,110 | 1,218 | ||
