The Group | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales, EUR M | 496.4 | 188.8 | 258.2 | 494.7 | 491.4 |
Operating income, EUR M | 17.4 | -49.3 | 32.1 | 38.3 | 55.0 |
– as % of sales | 3.5% | -26.1% | 12.4% | 7.7% | 11.2% |
Income before taxes, EUR M | 13.6 | -52.9 | 28.3 | 28.3 | 45.4 |
– as % of sales | 2.7% | -28.0% | 11.0% | 5.7% | 9.2% |
Return on equity (ROE) | 4.7% | -19.7% | 10.5% | 8.2% | 11.8% |
Return on investment (ROI) | 4.8% | -13.8% | 7.4% | 7.3% | 10.9% |
Equity/assets ratio | 50.7% | 46.4% | 42.0% | 47.0% | 51.4% |
Debt/equity ratio (gearing) | 28.1% | 62.7% | 62.2% | 35.0% | 33.6% |
Gross capital spending, EUR M | 29.9 | 15.0 | 168.7 | 25.5 | 36.9 |
– as % of sales | 6.0% | 7.9% | 65.3% | 5.2% | 7.5% |
Average number of employees | 2,632 | 1,640 | 1,536 | 2,203 | 2,227 |
– of whom, shipboard employees | 2,038 | 1,243 | 1,165 | 1,745 | 1,760 |
– of whom, land-based employees | 594 | 397 | 371 | 458 | 467 |
Salaries etc, EUR M | 122.2 | 79.6 | 75.9 | 110.5 | 114.2 |
Return on equity (ROE), % =
(Income before taxes - income taxes) / Equity including minority interest (average for the year)
Return on investment (ROI), % =
(Income before taxes + interest and other financial expenses) / (Total assets - interest-free liabilities (average for the year))
Equity/assets ratio, % = Equity including minority interest / (Total assets - advances received)
Debt/equity ratio (gearing), % =
(Interest-bearing liabilities - cash and cash equivalents) / Equity including minority interest