| |
|
|
| EUR thousand |
1.1.-31.12.2021 |
1.1.-31.12.2020 |
| Cash flows from operating activities |
| Profit (-loss) for the financial year |
10,921 |
6,655 |
| Adjustments: |
|
Depreciation and amortization |
4,301 |
3,524 |
|
Unrealized exchange rate gains and losses |
9 |
-151 |
|
Finance income |
-73 |
-133 |
|
Finance expenses |
649 |
472 |
|
Taxes |
2,839 |
1,777 |
|
Other adjustments |
3,990 |
2,373 |
| Change in net working capital: |
|
|
|
Change in trade and other receivables |
-4,651 |
-1,215 |
|
Change in inventory |
-9,557 |
-3,155 |
|
Change in trade and other payables |
4,455 |
2,616 |
|
Change in provisions |
330 |
712 |
| Interest paid |
-73 |
-59 |
| Interest received |
12 |
0 |
| Income taxes paid |
-2,868 |
-1,049 |
| Other financial items |
-66 |
-67 |
| Net cash flows from operating activities (A) |
10,219 |
12,301 |
|
| Cash flows from investing activities |
|
| Purchases of tangible fixed assets |
-1,495 |
-1,134 |
| Purchases of intangible fixed assets |
-4,405 |
-3,813 |
| Net cash flows from investing activities (B) |
-5,900 |
-4,946 |
|
| Cash flows from financing activities |
|
| Merger of business |
6 |
31 |
| Payments of lease liabilities |
-1,204 |
-1,027 |
| Paid Group contribution |
-3,169 |
-2,373 |
| Net cash flows from financing activities (C) |
-4,367 |
-3,369 |
|
CHANGE IN CASH AND EQUIVALENTS (A+B+C)
|
-49 |
3,986 |
| |
|
|
| Cash and cash equivalents, in the beginning of period |
7,929 |
4,110 |
| Net effect of exchange rate changes on cash and cash equivalents |
-391 |
-167 |
| Cash and cash equivalents, at the end of period |
7,490 |
7,929 |
