Key ratio definitions

Duni uses financial measures that in some cases are not defined by the IFRS, but are alternative key financials. The purpose is to provide additional information that facilitates a better and more specific comparison of performance from year to year. Duni defines its key ratios as follows.

Number of employees
The number of active full-time employees at end of period.

Return on equity
Net income for the year as a percentage of equity.

Return on capital employed
Operating income as a percentage of capital employed.

Gross margin
Gross profit as a percentage of net sales.

EBIT
Reported operating income.

EBIT margin
EBIT as a percentage of net sales.

EBITA
Operating income before amortization of intangible assets.

EBITA margin
EBITA as a percentage of net sales.

EBITDA
Operating income before depreciation and impairment of fixed assets

EBITDA margin
EBITDA as a percentage of net sales.

Cost of goods sold
Cost of goods sold including production and logistic costs.

Operating income
EBIT adjusted for restructuring costs, fair value allocations and amortization of intangible assets identified in connection with business acquisitions.

Operating margin
Operating income as a percentage of net sales.

P/E ratio
Current share price as a percentage of earnings per share.

Interest-bearing net debt
Interest-bearing liabilities and pensions less cash and cash equivalents and interest-bearing receivables.

Net debt/equity ratio
Interest-bearing net debt as a percentage of total equity.

Capital employed
Non-interest bearing fixed and current assets, excluding deferred tax assets, less non-interest bearing liabilities.

Currency adjusted
Figures adjusted for changes in exchange rates related to consolidation. Figures for 2018 are calculated at exchange rates for 2017. Effects of restatement of balance sheet items are not included.

Earnings per share
Income for the period divided by the average number of shares.