Annual Report 2022
Report by the Board of Directors
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Financial Performance in January-December 2022

Consolidated statement of comprehensive income, MEUR 2022 2021
  12 months 12 months
     Net sales 82.5 86.9
     Operating profit / loss 0.3 3.2
     Financial income and expenses -0.8 -0.7
     Result before tax -0.4 2.5
Result for the period 0.3 3.3
Total comprehensive income for the period 0.5 3.6
     
Result for the period attributable to:    
     Equity holders of the parent 0.3 3.3
Total comprehensive income for the period attributable to:    
     Equity holders of the parent 0.5 3.6
     
Earnings per share from continuing operations, EUR 0.007 0.093
     

Half Year Figures

Group's net sales and operating result, MEUR  2H/22 1H/22 2H/21 1H/21
Net sales 41.4 41.0 47.2 39.7
Operating profit (loss) 0.6 -0.2 3.9 -0.7
Result before taxes 0.2 -0.7 3.6 -1.0
Result for the period 0.9 -0.6 4.4 -1.0

 
Distribution of net sales by product and services, MEUR and % 2H/22 1H/22 2H/21 1H/21
Product based netsales 30.2
72.9%
27.2
66.3%
35.2
74.5%
27.9
70.3%
Services based net sales 11.2
27.1%
13.8
33.7%
12.0
25.5%
11.8
29.7%

 
Distribution of product-based net sales, MEUR and % 2H/22 1H/22 2H/21 1H/21
Defense & Security products 18.9
62.6%
15.9
58.5%
20.8
59.3%
14.5
51.8%
Medical Technologies products 11.3
37.4%
11.3
41.5%
14.3
40.7%
13.5
48.2%

 
Distribution of services-based net sales, MEUR and % 2H/22 1H/22 2H/21 1H/21
Connectivity Solutions R&D services 7.2
64.0%
8.0
57.8%
7.7
63.8%
7.8
66.6%
Other service-based net sales 4.0
36.0%
5.8
42.2%
4.4
36.2%
3.9
33.4%

 
Distribution of net sales by market areas, MEUR and %  2H/22 1H/22 2H/21 1/21
Asia 0.7
1.8%
0.5
1.3%
0.3
0.6%
0.3
0.6%
North and South America 12.9
31.1%
10.4
25.4%
14.9
31.5%
14.4
36.4%
Europe 27.8
67.1%
30.1
73.3%
32.0
67.9%
25.0
62.9%

 
 

Quarterly Figures

Group's net sales and operating result, MEUR  4Q/22 3Q/22 2Q/22 1Q/22 4Q/21
Net sales 27.6 13.8 22.7 18.4 30.1
Operating profit (loss) 3.0 -2.4 0.8 -1.0 3.7
Result before taxes 2.8 -2.6 0.6 -1.2 3.5
Result for the period 3.5 -2.6 0.6 -1.2 4.3

 
Distribution of net sales by product and services, MEUR and % 4Q/22 3Q/22 2Q/22 1Q/22 4Q/21
Product based net sales 20.9
75.8%
9.3
67.3%
15.8
69.7%
11.4
62.0%
23.0
76.5%
Services based net sales 6.7
24.2%
4.5
32.7%
6.9
30.3%
7.0
38.0%
7.1
23.5%

 
Distribution of product-based net sales, MEUR and % 4Q/22 3Q/22 2Q/22 1Q/22 4Q/21
Defense & Security products 15.8
75.5%
3.1
33.6%
8.2
51.6%
7.8
68.2%
15.5
67.6%
Medical Technologies products 5.1
24.5%
6.2
66.4%
7.7
48.4%
3.6
31.8%
7.4
32.4%

 
Distribution of service-based net sales, MEUR and % 4Q/22 3Q/22 2Q/22 1Q/22 4Q/21
Connectivity Solutions R&D services 4.2
62.4%
3.0
66.4%
3.7
54.6%
4.3
60.9%
4.6
64.8%
Other service-based net sales 2.5
37.6%
1.5
33.6%
3.1
45.4%
2.7
39.1%
2.5
35.2%

 
Distribution of net sales by market areas, MEUR and %  4Q/22 3Q/22 2Q/22 1Q/22 4Q/21
Asia 0.5
1.8%
0.3
1.9%
0.2
0.9%
0.3
1.7%
0.2
0.6%
North and South America 7.6
27.7%
5.3
38.1%
6.6
29.1%
3.8
20.8%
8.8
29.2%
Europe 19.5
70.6%
8.3
60.0%
15.9
70.0%
14.2
77.4%
21.1
70.2%