| |
|
|
| EUR thousand |
1.1.-31.12.2020 |
1.1.-31.12.2019 |
|
|
|
| Cash flows from operating activities |
| Profit (-loss) for the financial year |
6,655 |
5,508 |
| Adjustments: |
|
Non-cash items |
0 |
248 |
|
Depreciation and amortization |
3,524 |
2,983 |
|
Unrealized exchange rate gains and losses |
-151 |
-134 |
|
Finance income |
-133 |
-106 |
|
Finance expenses |
472 |
461 |
|
Taxes |
1,777 |
1,549 |
|
Other adjustments |
2,373 |
0 |
| Change in net working capital: |
|
|
|
Change in trade and other receivables |
-1,215 |
-2,514 |
|
Change in inventory |
-3,155 |
-1,560 |
|
Change in trade and other payables |
2,616 |
3,454 |
|
Change in provisions |
712 |
-250 |
| Interest paid |
-59 |
-134 |
| Interest received |
0 |
88 |
| Income taxes paid |
-1,049 |
-842 |
| Other financial items |
-67 |
-49 |
| Net cash flows from operating activities (A) |
12,301 |
8,703 |
|
| Cash flows from investing activities |
|
| Purchases of tangible fixed assets |
-1,134 |
-1,322 |
| Purchases of intangible fixed assets |
-3,813 |
-3,398 |
| Business acquisitions |
0 |
0 |
| Net cash flows from investing activities (B) |
-4,946 |
-4,720 |
|
| Cash flows from financing activities |
|
| Repayment of loans and borrowings |
0 |
2,662 |
| Acquisitions of own shares |
0 |
-261 |
| Proceeds from issuance of shares |
0 |
150 |
| Merger of business |
31 |
0 |
| Dividends paid |
0 |
-2,472 |
| Payments of lease liabilities |
-1,027 |
-912 |
| Paid Group contribution |
-2,373 |
0 |
| Net cash flows from financing activities (C) |
-3,369 |
-833 |
|
CHANGE IN CASH AND EQUIVALENTS (A+B+C)
|
3,986 |
3,150 |
| |
|
|
| Cash and cash equivalents, in the beginning of period |
4,110 |
1,218 |
| Net effect of exchange rate changes on cash and cash equivalents |
-167 |
-258 |
| Cash and cash equivalents, at the end of period |
7,929 |
4,110 |
