Consolidated financial highlights & KPIs in EUR Viewed over a 5 year period, the Group’s development can be described with the following KPIs: Highlights 2017 (EUR 1,000) 2016 (EUR 1,000) 2015 (EUR 1,000) 2014 (EUR 1,000) 2013 (EUR 1,000) Profit/Loss Net turnover Gross profit/loss Earnings before interest, taxes, depreciation and amortisation (EBITDA) Earnings before interest, taxes (EBIT) Profit/loss before tax Annual profit/loss Balance sheet Balance sheet total Equity Cash flows Operating activities Investment activities Of this, tangible and intangible fixed assets Financing activities Annual change in cash Number of employees Denmark Foreign subsidiaries 83,405 43,401 7,018 2,863 1,273 951 72,719 27,037 3,004 -10,066 -9,972 811 -6,251 399 237 82,026 44,176 7,418 3,303 1,638 911 66,979 25,346 7,594 -9,215 -9,125 2,583 962 397 241 82,739 48,579 9,625 5,612 3,286 1,831 62,689 23,431 313 -4,685 -4,672 4,267 -105 409 211 83,043 49,192 12,637 7,619 7,000 5,182 55,148 17,352 5,764 -2,681 -2,740 -1,482 1,600 371 182 66,732 39,082 6,839 1,698 507 260 48,822 12,093 6,948 -2,392 -2,397 -1,066 3,489 371 169 Total 636 638 620 553 KPIs Growth Gross margin EBITDA – margin Profit margin (EBIT) Return on capital employed Solvency ratio Return on equity 1.8% 52.0% 8.4% 3.4% 3.9% 37.2% 3.6% -1.2% 53.9% 9.0% 4.0% 4.9% 37.8% 3.7% -0.1% 58.7% 11.6% 6.8% 9.0% 37.4% 9.0% 24.2% 59.2% 15.2% 9.2% 13.8% 31.5% 35.2% The KPIs have been prepared in accordance with the recommendations and guidelines of The Danish Society of Financial Analysts. We refer to the definitions in the section on accounting policy. 540 1.4% 58.6% 10.2% 2.5% 3.5% 24.8% 2.2% 4 Introduction DEIF A/S’s annual report for 2017 has been prepared in accordance with the provisions of the Presentation of Accounts Act regarding large enterprises in reporting class C. The Group’s primary activities & strategy DEIF develops, manufactures and markets digital solutions and electronic products for the energy and marine sectors – mainly related to producing, distributing and consuming energy (electricity). Development and manufacturing takes place in the parent company, while sales, customisation and advice regarding the Group’s products are provided by both the parent company and subsidiaries. DEIF’s main objective is to provide technology that helps improve the environment and which supports green growth. This is driven by a number of global megatrends: • A growing energy consumption increasingly based on electricity • A political will to reduce global warming and air pollution • Sustainable energy has become financially competitive compared to oil and gas • Green energy technology is a significant growth factor in the global economy In recent years, DEIF has invested heavily in developing renewable energy control systems particularly for wind turbines and hybrid energy technologies that combine different enrgy sources, including solar cells and batteries. By means of our products and services, DEIF contributes to optimising fuel efficiency for decentralised power plants and ships and also supports clean technologies, such as conversion to bio-based fuels. The increased electrification requires a high level of energy and cyber security. DEIF contributes by delivering technology for complex emergency power systems protecting for instance data centres, hospitals and vital infrastructure from blackouts.
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