Impressive year-end closing for Kaunis Iron’s first operating year
Net sales for 2019 amounted to 1,619 mSEK, with income after financial items at 389 mSEK. Cash flow from current business amounted to no less than 491 mSEK
Key performance indicators:
Net margin 24 %
Total debt to equity ratio 63 %
working capital ratio 273 %
Liquidity index 253 %
Return on invested capital 58 %
Equity capital 822 mSEK
CEO and group CEO of Kaunis Iron, Klas Da