Financial information

Key financial indicators

	2023	2022	2021	2020	2019
Operating profit, MEUR	-14,4	-10,1	20,2	11,7	16,0
Net profit for the period, MEUR	-14,4	-8,2	18,4	9,9	12,8
Equity, MEUR	79,3	85,1	93,5	77,3	78,1
Balance sheet total, MEUR	347,7	109,3	113,5	83,5	81,5
Personnel, average⁽¹⁾	1 237	5	7	5	4
Return on equity-%	-10,5	-9,2	21,6	12,7	17,7
Gearing, %	195,4	14,9	8,6	-11,1	-41,2
Earnings per share, EUR	-0,18	-0,14	0,32	0,17	0,22
Dividend per share, EUR⁽²⁾	0,00	0,00	0,00	0,04	0,04
Net asset value per share, EUR	1,36	1,47	1,61	1,33	1,35

(1) Includes only the parent company personnel until 2022.
(2) 2023 dividend is the Board of Directors’ proposal to AGM.

Financial targets and dividend policy

Financial targets

During the strategic change, KH Group’s balance sheet structure will change substantially.
The target is to strengthen the balance sheet structure and reduce net debts through positive operative cash flow and divestments.

Dividend policy

The target for the next couple of financial years is to invest in core business and pay dividends after major divestments within the set guidelines from the balance sheet structure and financial contracts.

Read more on dividends