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ISS A/S
Buy or Sell?

Welcome Invester! I guess you are interested in ISS A/S. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's start. I'm going to help you getting a better view of ISS A/S. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is ISS A/S even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how ISS A/S is doing in the market. If the company is worth buying. The latest step is to find out how other investors value ISS A/S. The closing price on 2022-09-29 was kr117.00 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
ISS A/S Daily Candlestick Chart


Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

1.1. Profitability of ISS A/S.

1.1. Profitability

An important factor of a company's health is the profitability.

1.1.1. Net Profit Margin

Measures how much net profit ISS A/S earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare ISS A/S to the Specialty Business Services industry mean.
  • A Net Profit Margin of 0.0% means that kr0.00 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ISS A/S:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y0.7%-0.7%
5Y0.7%10Y1.1%-0.4%
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.3%-3.3%
TTM-2.5%-2.5%
YOY-2.4%-2.4%
5Y0.7%2.2%-1.5%
10Y1.1%2.5%-1.4%
1.1.2. Return on Assets

Shows how efficient ISS A/S is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ISS A/S to the Specialty Business Services industry mean.
  • 0.7% Return on Assets means that ISS A/S generated kr0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ISS A/S:

  • The MRQ is 1.0%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM0.7%+0.3%
TTM0.7%YOY0.1%+0.6%
TTM0.7%5Y0.4%+0.3%
5Y0.4%10Y0.5%-0.1%
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%0.9%+0.1%
TTM0.7%0.9%-0.2%
YOY0.1%0.7%-0.6%
5Y0.4%0.7%-0.3%
10Y0.5%0.8%-0.3%
1.1.3. Return on Equity

Shows how efficient ISS A/S is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ISS A/S to the Specialty Business Services industry mean.
  • 4.8% Return on Equity means the company generated kr0.05 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ISS A/S:

  • The MRQ is 4.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.8%TTM3.9%+0.9%
TTM3.9%YOY0.9%+3.0%
TTM3.9%5Y2.1%+1.9%
5Y2.1%10Y1.9%+0.2%
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%2.4%+2.4%
TTM3.9%2.4%+1.5%
YOY0.9%1.7%-0.8%
5Y2.1%2.0%+0.1%
10Y1.9%1.9%0.0%

1.2. Operating Efficiency of ISS A/S.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ISS A/S is operating .

  • Measures how much profit ISS A/S makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare ISS A/S to the Specialty Business Services industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ISS A/S:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y1.6%-1.6%
5Y1.6%10Y2.8%-1.2%
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.7%-5.7%
TTM-2.8%-2.8%
YOY-3.0%-3.0%
5Y1.6%4.0%-2.4%
10Y2.8%3.5%-0.7%
1.2.2. Operating Ratio

Measures how efficient ISS A/S is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Business Services industry mean).
  • An Operation Ratio of 0.0% means that the operating costs are kr0.00for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of ISS A/S:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.495-0.495
5Y0.49510Y0.721-0.226
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.428-1.428
TTM-1.137-1.137
YOY-1.022-1.022
5Y0.4950.975-0.480
10Y0.7210.955-0.234

1.3. Liquidity of ISS A/S.

1.3. Liquidity
1.3.1. Current Ratio

Measures if ISS A/S is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Business Services industry mean).
  • A Current Ratio of 102.0% means the company has kr1.02 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of ISS A/S:

  • The MRQ is 1.020. The company is just able to pay all its short-term debts.
  • The TTM is 0.998. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ1.020TTM0.998+0.022
TTM0.998YOY0.997+0.002
TTM0.9985Y1.121-0.123
5Y1.12110Y1.068+0.054
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0201.391-0.371
TTM0.9981.317-0.319
YOY0.9971.345-0.348
5Y1.1211.375-0.254
10Y1.0681.249-0.181
1.3.2. Quick Ratio

Measures if ISS A/S is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy (always compare to Specialty Business Services industry mean)
  • A Quick Ratio of 74.9% means the company can pay off kr0.75 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ISS A/S:

  • The MRQ is 0.749. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.772. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.749TTM0.772-0.023
TTM0.772YOY0.766+0.007
TTM0.7725Y0.896-0.124
5Y0.89610Y0.900-0.004
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7490.801-0.052
TTM0.7720.823-0.051
YOY0.7660.838-0.072
5Y0.8960.893+0.003
10Y0.9000.832+0.068

1.4. Solvency of ISS A/S.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ISS A/S assets are financed with debt.

  • Below 1 (100%) is considered healthy (always compare to Specialty Business Services industry mean).
  • A Debt to Asset Ratio of 0.79 means that ISS A/S assets are financed with 78.7% credit (debt) and the remaining percentage (100% - 78.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of ISS A/S:

  • The MRQ is 0.787. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.819. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.787TTM0.819-0.032
TTM0.819YOY0.839-0.020
TTM0.8195Y0.786+0.034
5Y0.78610Y0.782+0.004
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7870.573+0.214
TTM0.8190.585+0.234
YOY0.8390.570+0.269
5Y0.7860.563+0.223
10Y0.7820.548+0.234
1.4.2. Debt to Equity Ratio

Measures if ISS A/S is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy (always compare to Specialty Business Services industry mean).
  • A Debt to Equity ratio of 396.1% means that company has kr3.96 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ISS A/S:

  • The MRQ is 3.961. The company is just not able to pay all its debts with equity. -1
  • The TTM is 4.733. The company is just not able to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.961TTM4.733-0.772
TTM4.733YOY5.301-0.568
TTM4.7335Y3.907+0.825
5Y3.90710Y4.329-0.422
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9611.296+2.665
TTM4.7331.424+3.309
YOY5.3011.297+4.004
5Y3.9071.257+2.650
10Y4.3291.296+3.033

2. Market Valuation of ISS A/S

2. Earnings
2.1. Price to Earnings Ratio

Measures how many years it takes to double your invested money in ISS A/S.

  • Above 15 is considered overpriced but is hard to determine (always use industry average).
  • A PE ratio of 16.50 means the investor is paying kr16.50 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ISS A/S:

  • The EOD is 17.247. Neutral. Compare to industry.
  • The MRQ is 16.496. Neutral. Compare to industry.
  • The TTM is 11.948. Good. +1
Trends
Current periodCompared to+/- 
EOD17.247MRQ16.496+0.752
MRQ16.496TTM11.948+4.548
TTM11.948YOY-6.497+18.444
TTM11.9485Y21.435-9.488
5Y21.43510Y14.323+7.112
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
EOD17.24711.726+5.521
MRQ16.49612.367+4.129
TTM11.94813.072-1.124
YOY-6.49710.999-17.496
5Y21.43511.821+9.614
10Y14.32311.807+2.516
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of ISS A/S.

  • Lower is better
  • A PEG ratio of 1 means the investor is paying a fair price for the stock

Let's take a look of the Price Earnings to Growth Ratio trends of ISS A/S:

  • The MRQ is -0.106. Very Bad. -2
  • The TTM is -0.059. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ-0.106TTM-0.059-0.047
TTM-0.059YOY-0.089+0.030
TTM-0.0595Y-0.696+0.637
5Y-0.69610Y-0.322-0.374
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1060.014-0.120
TTM-0.0590.024-0.083
YOY-0.089-0.017-0.072
5Y-0.696-0.007-0.689
10Y-0.322-0.033-0.289

2. Books
2.3. Price to Book Ratio

Measures if the stock price of ISS A/S is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Business Services industry mean).
  • A PB ratio of 2.10 means the investor is paying kr2.10 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of ISS A/S:

  • The EOD is 2.196. Good. +1
  • The MRQ is 2.101. Good. +1
  • The TTM is 2.898. Good. +1
Trends
Current periodCompared to+/- 
EOD2.196MRQ2.101+0.096
MRQ2.101TTM2.898-0.798
TTM2.898YOY2.988-0.089
TTM2.8985Y2.874+0.025
5Y2.87410Y2.515+0.358
Compared to industry (Specialty Business Services)
PeriodCompanyIndustry (mean)+/- 
EOD2.1962.050+0.146
MRQ2.1012.1010.000
TTM2.8982.649+0.249
YOY2.9882.070+0.918
5Y2.8742.003+0.871
10Y2.5151.912+0.603

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ISS A/S compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Per Share--53.26743.664+22%39.575+35%56.615-6%60.439-12%
Current Ratio--1.0200.998+2%0.997+2%1.121-9%1.068-4%
Debt To Asset Ratio--0.7870.819-4%0.839-6%0.786+0%0.782+1%
Debt To Equity Ratio--3.9614.733-16%5.301-25%3.907+1%4.329-9%
Eps--2.3901.696+41%-3.083+229%-0.247+110%0.645+270%
Gross Profit Margin--1.0001.0000%0.500+100%0.800+25%0.900+11%
Net Profit Margin----0%-0%0.007-100%0.011-100%
Operating Margin----0%-0%0.016-100%0.028-100%
Operating Ratio----0%-0%0.495-100%0.721-100%
Pb Ratio2.196+4%2.1012.898-28%2.988-30%2.874-27%2.515-16%
Pe Ratio17.247+4%16.49611.948+38%-6.497+139%21.435-23%14.323+15%
Peg Ratio---0.106-0.059-44%-0.089-16%-0.696+554%-0.322+203%
Price Per Share117.000+4%111.900123.363-9%113.688-2%161.054-31%159.812-30%
Quick Ratio--0.7490.772-3%0.766-2%0.896-16%0.900-17%
Return On Assets--0.0100.007+36%0.001+586%0.004+115%0.005+84%
Return On Equity--0.0480.039+22%0.009+423%0.021+133%0.019+159%
 EOD+0 -3MRQTTM+10 -2YOY+11 -25Y+8 -810Y+8 -8

3.2. Fundamental Score

Let's check the fundamental score of ISS A/S based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.247
Price to Book Ratio (EOD)Between0-12.196
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.749
Current Ratio (MRQ)Greater than11.020
Debt to Asset Ratio (MRQ)Less than10.787
Debt to Equity Ratio (MRQ)Less than13.961
Return on Equity (MRQ)Greater than0.150.048
Return on Assets (MRQ)Greater than0.050.010
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of ISS A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.156
Ma 20Greater thanMa 50129.210
Ma 50Greater thanMa 100129.978
Ma 100Greater thanMa 200125.147
OpenGreater thanClose118.450
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-06-30. Currency in DKK. All numbers in thousands.

Summary
Total Assets46,220,000
Total Liabilities36,380,000
Total Stockholder Equity9,185,000
 As reported
Total Liabilities 36,380,000
Total Stockholder Equity+ 9,185,000
Total Assets = 46,220,000

Assets

Total Assets46,220,000
Total Current Assets17,823,000
Long-term Assets17,823,000
Total Current Assets
Cash And Cash Equivalents 4,506,000
Net Receivables 13,085,000
Inventory 200,000
Other Current Assets 32,000
Total Current Assets  (as reported)17,823,000
Total Current Assets  (calculated)17,823,000
+/-0
Long-term Assets
Property Plant Equipment 3,257,000
Other Assets 1,444,000
Long-term Assets  (as reported)28,397,000
Long-term Assets  (calculated)4,701,000
+/- 23,696,000

Liabilities & Shareholders' Equity

Total Current Liabilities17,466,000
Long-term Liabilities18,914,000
Total Stockholder Equity9,185,000
Total Current Liabilities
Accounts payable 6,827,000
Other Current Liabilities 9,649,000
Total Current Liabilities  (as reported)17,466,000
Total Current Liabilities  (calculated)16,476,000
+/- 990,000
Long-term Liabilities
Other Liabilities 2,955,000
Long-term Liabilities  (as reported)18,914,000
Long-term Liabilities  (calculated)2,955,000
+/- 15,959,000
Total Stockholder Equity
Common Stock185,000
Retained Earnings 10,072,000
Other Stockholders Equity -881,000
Total Stockholder Equity (as reported)9,185,000
Total Stockholder Equity (calculated)9,376,000
+/- 191,000
Other
Capital Stock185,000
Common Stock Shares Outstanding 184,729
Net Invested Capital 9,185,000
Net Tangible Assets -14,511,000
Net Working Capital 357,000



Balance Sheet

Currency in DKK. All numbers in thousands.

 Trend2022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
17,164,000
22,419,000
22,412,000
23,385,000
29,676,000
46,456,000
48,514,000
50,350,000
51,408,000
52,253,000
52,014,000
55,076,000
55,361,000
55,348,000
54,036,000
55,576,000
56,015,000
53,605,000
54,314,000
54,232,000
54,194,000
54,354,000
55,573,000
57,437,000
55,253,000
55,435,000
54,672,000
54,473,000
53,848,000
55,023,000
54,620,000
54,812,000
58,579,000
53,912,000
54,306,000
53,485,000
50,959,000
48,576,000
47,522,000
46,720,000
47,252,000
46,734,000
49,315,000
49,359,000
47,945,000
49,285,000
48,320,000
47,726,000
47,759,000
48,782,000
49,193,000
49,001,000
49,856,000
50,835,000
49,967,000
49,117,000
49,239,000
49,811,000
54,789,000
54,789,000
50,061,000
50,061,000
0
49,368,000
0
43,605,000
0
44,407,000
0
43,655,000
0
46,220,000
46,220,000043,655,000044,407,000043,605,000049,368,000050,061,00050,061,00054,789,00054,789,00049,811,00049,239,00049,117,00049,967,00050,835,00049,856,00049,001,00049,193,00048,782,00047,759,00047,726,00048,320,00049,285,00047,945,00049,359,00049,315,00046,734,00047,252,00046,720,00047,522,00048,576,00050,959,00053,485,00054,306,00053,912,00058,579,00054,812,00054,620,00055,023,00053,848,00054,473,00054,672,00055,435,00055,253,00057,437,00055,573,00054,354,00054,194,00054,232,00054,314,00053,605,00056,015,00055,576,00054,036,00055,348,00055,361,00055,076,00052,014,00052,253,00051,408,00050,350,00048,514,00046,456,00029,676,00023,385,00022,412,00022,419,00017,164,000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,583,000
17,823,000
16,297,000
17,068,000
16,979,000
17,227,000
17,129,000
17,991,000
18,086,000
18,304,000
21,994,000
19,044,000
19,481,000
19,640,000
18,732,000
17,581,000
16,529,000
15,703,000
15,923,000
16,445,000
17,208,000
17,482,000
17,876,000
19,074,000
18,767,000
18,427,000
18,709,000
19,630,000
19,893,000
18,764,000
19,861,000
21,546,000
20,984,000
20,537,000
20,736,000
22,937,000
24,692,000
24,692,000
20,026,000
20,026,000
20,637,000
20,637,000
16,369,000
16,369,000
17,720,000
17,720,000
16,293,000
16,293,000
17,823,000
17,823,000
17,823,00017,823,00016,293,00016,293,00017,720,00017,720,00016,369,00016,369,00020,637,00020,637,00020,026,00020,026,00024,692,00024,692,00022,937,00020,736,00020,537,00020,984,00021,546,00019,861,00018,764,00019,893,00019,630,00018,709,00018,427,00018,767,00019,074,00017,876,00017,482,00017,208,00016,445,00015,923,00015,703,00016,529,00017,581,00018,732,00019,640,00019,481,00019,044,00021,994,00018,304,00018,086,00017,991,00017,129,00017,227,00016,979,00017,068,00016,297,00017,823,00016,583,0000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,400,000
3,916,000
2,785,000
3,606,000
2,698,000
2,525,000
2,876,000
4,037,000
3,490,000
3,294,000
6,929,000
3,528,000
3,091,000
4,699,000
3,608,000
3,277,000
3,093,000
2,253,000
2,023,000
3,557,000
2,329,000
2,454,000
2,393,000
4,526,000
3,126,000
2,714,000
2,777,000
4,300,000
3,971,000
2,794,000
3,607,000
6,275,000
5,092,000
4,387,000
4,231,000
6,834,000
6,028,000
6,028,000
2,670,000
2,670,000
0
3,588,000
0
2,705,000
0
4,488,000
0
3,397,000
0
4,506,000
4,506,00003,397,00004,488,00002,705,00003,588,00002,670,0002,670,0006,028,0006,028,0006,834,0004,231,0004,387,0005,092,0006,275,0003,607,0002,794,0003,971,0004,300,0002,777,0002,714,0003,126,0004,526,0002,393,0002,454,0002,329,0003,557,0002,023,0002,253,0003,093,0003,277,0003,608,0004,699,0003,091,0003,528,0006,929,0003,294,0003,490,0004,037,0002,876,0002,525,0002,698,0003,606,0002,785,0003,916,0003,400,0000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,000
16,000
15,000
19,000
18,000
17,000
17,000
17,000
18,000
17,000
17,000
16,000
17,000
18,000
16,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
64,000
64,000
0
0
0
76,000
0
0
0
103,000
0
0
00103,00000076,00000064,00064,0000000000000000000000000016,00018,00017,00016,00017,00017,00018,00017,00017,00017,00018,00019,00015,00016,00014,0000000000000000000000000
       Net Receivables 
5,067,000
6,422,000
5,965,000
5,873,000
7,079,000
8,346,000
9,596,000
10,116,000
10,737,000
10,166,000
11,202,000
11,877,000
12,270,000
11,025,000
12,146,000
12,816,000
13,137,000
10,813,000
12,171,000
12,303,000
12,306,000
11,179,000
12,537,000
13,250,000
0
11,750,000
12,352,000
12,869,000
12,861,000
12,764,000
12,677,000
12,804,000
13,017,000
12,221,000
13,043,000
12,768,000
12,035,000
11,393,000
12,660,000
12,588,000
13,224,000
11,357,000
13,903,000
14,013,000
13,435,000
11,792,000
13,564,000
13,627,000
13,837,000
12,530,000
14,057,000
14,132,000
14,642,000
12,710,000
14,361,000
14,694,000
15,080,000
11,295,000
14,740,000
11,527,000
13,330,000
13,330,000
15,278,000
15,278,000
10,839,000
10,839,000
11,693,000
11,693,000
11,467,000
11,467,000
13,085,000
13,085,000
13,085,00013,085,00011,467,00011,467,00011,693,00011,693,00010,839,00010,839,00015,278,00015,278,00013,330,00013,330,00011,527,00014,740,00011,295,00015,080,00014,694,00014,361,00012,710,00014,642,00014,132,00014,057,00012,530,00013,837,00013,627,00013,564,00011,792,00013,435,00014,013,00013,903,00011,357,00013,224,00012,588,00012,660,00011,393,00012,035,00012,768,00013,043,00012,221,00013,017,00012,804,00012,677,00012,764,00012,861,00012,869,00012,352,00011,750,000013,250,00012,537,00011,179,00012,306,00012,303,00012,171,00010,813,00013,137,00012,816,00012,146,00011,025,00012,270,00011,877,00011,202,00010,166,00010,737,00010,116,0009,596,0008,346,0007,079,0005,873,0005,965,0006,422,0005,067,000
       Inventory 
127,000
147,000
170,000
178,000
263,000
300,000
310,000
320,000
334,000
324,000
325,000
246,000
240,000
249,000
259,000
285,000
283,000
264,000
273,000
287,000
294,000
303,000
312,000
320,000
319,000
318,000
324,000
343,000
346,000
334,000
335,000
350,000
361,000
312,000
317,000
299,000
282,000
309,000
314,000
304,000
306,000
309,000
338,000
324,000
291,000
299,000
300,000
290,000
293,000
276,000
288,000
299,000
301,000
286,000
284,000
284,000
284,000
257,000
245,000
245,000
275,000
275,000
274,000
274,000
175,000
175,000
167,000
167,000
177,000
177,000
200,000
200,000
200,000200,000177,000177,000167,000167,000175,000175,000274,000274,000275,000275,000245,000245,000257,000284,000284,000284,000286,000301,000299,000288,000276,000293,000290,000300,000299,000291,000324,000338,000309,000306,000304,000314,000309,000282,000299,000317,000312,000361,000350,000335,000334,000346,000343,000324,000318,000319,000320,000312,000303,000294,000287,000273,000264,000283,000285,000259,000249,000240,000246,000325,000324,000334,000320,000310,000300,000263,000178,000170,000147,000127,000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
38,990,000
39,614,000
38,956,000
38,367,000
37,693,000
37,246,000
36,719,000
37,032,000
36,534,000
36,508,000
36,585,000
34,868,000
34,825,000
33,845,000
32,227,000
30,995,000
30,993,000
31,017,000
31,329,000
30,289,000
32,107,000
31,877,000
30,069,000
30,211,000
29,553,000
29,299,000
29,050,000
29,152,000
29,300,000
30,237,000
29,995,000
29,289,000
28,983,000
28,580,000
28,503,000
26,874,000
0
30,097,000
0
30,035,000
0
28,731,000
0
27,236,000
0
26,687,000
0
27,362,000
0
28,397,000
28,397,000027,362,000026,687,000027,236,000028,731,000030,035,000030,097,000026,874,00028,503,00028,580,00028,983,00029,289,00029,995,00030,237,00029,300,00029,152,00029,050,00029,299,00029,553,00030,211,00030,069,00031,877,00032,107,00030,289,00031,329,00031,017,00030,993,00030,995,00032,227,00033,845,00034,825,00034,868,00036,585,00036,508,00036,534,00037,032,00036,719,00037,246,00037,693,00038,367,00038,956,00039,614,00038,990,0000000000000000000000000
       Property Plant Equipment 
1,362,000
1,663,000
1,509,000
1,469,000
1,793,000
1,956,000
1,986,000
1,981,000
2,022,000
2,163,000
2,206,000
2,248,000
2,223,000
2,223,000
2,179,000
2,235,000
2,251,000
2,276,000
2,315,000
2,430,000
2,359,000
2,004,000
2,055,000
2,123,000
2,065,000
2,055,000
2,022,000
2,037,000
2,054,000
2,077,000
2,026,000
1,990,000
1,986,000
1,887,000
1,908,000
1,834,000
1,707,000
1,715,000
1,675,000
1,684,000
1,721,000
1,638,000
1,763,000
1,720,000
1,576,000
1,613,000
1,554,000
1,518,000
1,529,000
1,572,000
1,575,000
1,539,000
1,570,000
1,593,000
1,592,000
1,640,000
1,709,000
1,558,000
4,700,000
4,700,000
4,472,000
4,472,000
4,001,000
4,001,000
3,546,000
3,546,000
3,276,000
3,276,000
3,376,000
3,376,000
3,257,000
3,257,000
3,257,0003,257,0003,376,0003,376,0003,276,0003,276,0003,546,0003,546,0004,001,0004,001,0004,472,0004,472,0004,700,0004,700,0001,558,0001,709,0001,640,0001,592,0001,593,0001,570,0001,539,0001,575,0001,572,0001,529,0001,518,0001,554,0001,613,0001,576,0001,720,0001,763,0001,638,0001,721,0001,684,0001,675,0001,715,0001,707,0001,834,0001,908,0001,887,0001,986,0001,990,0002,026,0002,077,0002,054,0002,037,0002,022,0002,055,0002,065,0002,123,0002,055,0002,004,0002,359,0002,430,0002,315,0002,276,0002,251,0002,235,0002,179,0002,223,0002,223,0002,248,0002,206,0002,163,0002,022,0001,981,0001,986,0001,956,0001,793,0001,469,0001,509,0001,663,0001,362,000
       Goodwill 
9,522,000
12,022,000
12,669,000
12,465,000
15,494,000
22,995,000
0
0
0
26,178,000
0
0
27,681,000
27,593,000
27,505,000
28,401,000
28,568,000
27,259,000
27,923,000
27,744,000
27,735,000
27,434,000
28,081,000
28,497,000
0
27,747,000
27,334,000
27,072,000
26,738,000
27,170,000
26,816,000
26,927,000
27,076,000
25,841,000
25,869,000
25,142,000
23,969,000
23,155,000
23,228,000
23,281,000
23,553,000
22,796,000
24,101,000
24,018,000
22,710,000
22,868,000
0
0
0
22,354,000
0
23,379,000
23,241,000
22,894,000
22,667,000
22,219,000
22,208,000
20,911,000
20,960,000
20,960,000
21,257,000
21,257,000
0
0
0
19,662,000
0
0
0
19,753,000
0
0
0019,753,00000019,662,00000021,257,00021,257,00020,960,00020,960,00020,911,00022,208,00022,219,00022,667,00022,894,00023,241,00023,379,000022,354,00000022,868,00022,710,00024,018,00024,101,00022,796,00023,553,00023,281,00023,228,00023,155,00023,969,00025,142,00025,869,00025,841,00027,076,00026,927,00026,816,00027,170,00026,738,00027,072,00027,334,00027,747,000028,497,00028,081,00027,434,00027,735,00027,744,00027,923,00027,259,00028,568,00028,401,00027,505,00027,593,00027,681,0000026,178,00000022,995,00015,494,00012,465,00012,669,00012,022,0009,522,000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
358,000
362,000
347,000
357,000
331,000
343,000
336,000
341,000
304,000
315,000
315,000
336,000
336,000
0
0
0
0
0
0
0
0
0
0
0000000000336,000336,000315,000315,000304,000341,000336,000343,000331,000357,000347,000362,000358,0000000000000000000000000000000000000000000000000000
       Intangible Assets 
9,579,000
12,130,000
12,863,000
12,629,000
15,669,000
32,730,000
34,281,000
34,863,000
35,710,000
36,090,000
36,224,000
37,380,000
37,436,000
37,211,000
36,839,000
37,853,000
37,885,000
36,035,000
36,697,000
36,398,000
36,142,000
35,459,000
36,058,000
36,472,000
0
35,358,000
34,673,000
34,223,000
33,688,000
34,097,000
33,564,000
33,566,000
33,621,000
6,128,000
31,850,000
30,856,000
29,509,000
5,191,000
28,305,000
28,239,000
28,443,000
4,669,000
4,916,000
4,730,000
4,477,000
4,374,000
26,675,000
26,399,000
26,191,000
4,007,000
26,465,000
4,046,000
3,903,000
3,771,000
3,654,000
3,618,000
3,510,000
3,395,000
3,319,000
3,319,000
3,308,000
3,308,000
0
0
0
2,856,000
0
0
0
2,986,000
0
0
002,986,0000002,856,0000003,308,0003,308,0003,319,0003,319,0003,395,0003,510,0003,618,0003,654,0003,771,0003,903,0004,046,00026,465,0004,007,00026,191,00026,399,00026,675,0004,374,0004,477,0004,730,0004,916,0004,669,00028,443,00028,239,00028,305,0005,191,00029,509,00030,856,00031,850,0006,128,00033,621,00033,566,00033,564,00034,097,00033,688,00034,223,00034,673,00035,358,000036,472,00036,058,00035,459,00036,142,00036,398,00036,697,00036,035,00037,885,00037,853,00036,839,00037,211,00037,436,00037,380,00036,224,00036,090,00035,710,00034,863,00034,281,00032,730,00015,669,00012,629,00012,863,00012,130,0009,579,000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,000
16,000
15,000
19,000
18,000
17,000
17,000
17,000
18,000
17,000
17,000
340,000
17,000
18,000
16,000
307,000
346,000
371,000
407,000
431,000
440,000
473,000
428,000
425,000
399,000
404,000
387,000
358,000
362,000
347,000
357,000
331,000
343,000
336,000
341,000
304,000
0
315,000
0
64,000
0
331,000
0
76,000
0
323,000
0
103,000
0
0
00103,0000323,000076,0000331,000064,0000315,0000304,000341,000336,000343,000331,000357,000347,000362,000358,000387,000404,000399,000425,000428,000473,000440,000431,000407,000371,000346,000307,00016,00018,00017,000340,00017,00017,00018,00017,00017,00017,00018,00019,00015,00016,00014,0000000000000000000000000
> Total Liabilities 
11,434,000
15,741,000
14,993,000
15,644,000
21,240,000
39,682,000
42,070,000
44,057,000
45,144,000
46,273,000
46,233,000
49,012,000
49,656,000
49,830,000
49,038,000
50,283,000
50,542,000
50,072,000
50,902,000
51,365,000
51,476,000
52,141,000
53,236,000
54,655,000
52,791,000
52,784,000
52,344,000
52,515,000
52,040,000
52,941,000
52,629,000
52,963,000
52,804,000
48,889,000
49,161,000
48,477,000
46,222,000
44,330,000
35,527,000
34,268,000
33,865,000
33,814,000
35,172,000
35,890,000
34,480,000
34,781,000
33,979,000
34,634,000
34,120,000
34,862,000
36,155,000
36,101,000
36,503,000
37,021,000
36,177,000
36,921,000
36,570,000
37,339,000
43,529,000
43,529,000
37,514,000
37,514,000
0
40,062,000
0
37,060,000
0
37,565,000
0
35,866,000
0
36,380,000
36,380,000035,866,000037,565,000037,060,000040,062,000037,514,00037,514,00043,529,00043,529,00037,339,00036,570,00036,921,00036,177,00037,021,00036,503,00036,101,00036,155,00034,862,00034,120,00034,634,00033,979,00034,781,00034,480,00035,890,00035,172,00033,814,00033,865,00034,268,00035,527,00044,330,00046,222,00048,477,00049,161,00048,889,00052,804,00052,963,00052,629,00052,941,00052,040,00052,515,00052,344,00052,784,00052,791,00054,655,00053,236,00052,141,00051,476,00051,365,00050,902,00050,072,00050,542,00050,283,00049,038,00049,830,00049,656,00049,012,00046,233,00046,273,00045,144,00044,057,00042,070,00039,682,00021,240,00015,644,00014,993,00015,741,00011,434,000
   > Total Current Liabilities 
7,190,000
8,922,000
8,254,000
8,226,000
9,734,000
19,609,000
19,581,000
12,715,000
12,918,000
14,259,000
14,030,000
15,086,000
14,712,000
15,112,000
14,220,000
15,483,000
15,227,000
15,133,000
15,238,000
15,956,000
15,791,000
20,083,000
19,899,000
21,614,000
19,824,000
20,033,000
19,987,000
20,662,000
20,279,000
21,199,000
20,880,000
21,345,000
21,069,000
21,230,000
21,653,000
23,331,000
21,077,000
21,016,000
21,240,000
17,302,000
16,695,000
15,749,000
16,787,000
17,493,000
16,250,000
16,420,000
15,709,000
16,047,000
15,562,000
16,530,000
17,819,000
17,820,000
15,978,000
16,955,000
16,176,000
16,920,000
16,644,000
17,508,000
17,185,000
17,185,000
18,345,000
18,345,000
22,835,000
22,835,000
16,562,000
16,562,000
17,635,000
17,635,000
16,690,000
16,690,000
17,466,000
17,466,000
17,466,00017,466,00016,690,00016,690,00017,635,00017,635,00016,562,00016,562,00022,835,00022,835,00018,345,00018,345,00017,185,00017,185,00017,508,00016,644,00016,920,00016,176,00016,955,00015,978,00017,820,00017,819,00016,530,00015,562,00016,047,00015,709,00016,420,00016,250,00017,493,00016,787,00015,749,00016,695,00017,302,00021,240,00021,016,00021,077,00023,331,00021,653,00021,230,00021,069,00021,345,00020,880,00021,199,00020,279,00020,662,00019,987,00020,033,00019,824,00021,614,00019,899,00020,083,00015,791,00015,956,00015,238,00015,133,00015,227,00015,483,00014,220,00015,112,00014,712,00015,086,00014,030,00014,259,00012,918,00012,715,00019,581,00019,609,0009,734,0008,226,0008,254,0008,922,0007,190,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,404,000
6,813,000
5,512,000
5,212,000
5,361,000
5,664,000
5,847,000
5,778,000
6,016,000
6,466,000
6,475,000
5,607,000
6,346,000
7,848,000
6,124,000
5,648,000
7,015,000
3,377,000
2,709,000
1,338,000
1,796,000
2,232,000
1,456,000
752,000
535,000
931,000
350,000
283,000
850,000
2,508,000
251,000
381,000
410,000
1,382,000
911,000
278,000
1,054,000
1,054,000
270,000
1,197,000
0
6,286,000
0
1,298,000
0
870,000
0
888,000
0
0
00888,0000870,00001,298,00006,286,00001,197,000270,0001,054,0001,054,000278,000911,0001,382,000410,000381,000251,0002,508,000850,000283,000350,000931,000535,000752,0001,456,0002,232,0001,796,0001,338,0002,709,0003,377,0007,015,0005,648,0006,124,0007,848,0006,346,0005,607,0006,475,0006,466,0006,016,0005,778,0005,847,0005,664,0005,361,0005,212,0005,512,0006,813,0005,404,0000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,338,000
15,920,000
17,568,000
251,000
381,000
410,000
1,382,000
911,000
278,000
1,054,000
1,054,000
270,000
270,000
0
0
0
0
0
0
0
0
0
0
0000000000270,000270,0001,054,0001,054,000278,000911,0001,382,000410,000381,000251,00017,568,00015,920,00015,338,0000000000000000000000000000000000000000000000000000
       Accounts payable 
883,000
1,328,000
1,290,000
1,355,000
1,773,000
1,952,000
1,594,000
1,876,000
1,855,000
2,595,000
2,164,000
2,393,000
2,199,000
2,750,000
2,194,000
2,568,000
2,421,000
2,835,000
2,293,000
2,423,000
2,292,000
2,624,000
2,181,000
2,600,000
2,397,000
2,830,000
2,607,000
2,926,000
2,687,000
3,466,000
2,934,000
3,066,000
2,859,000
3,669,000
3,208,000
3,311,000
2,915,000
3,436,000
3,109,000
2,810,000
2,882,000
3,562,000
3,169,000
3,215,000
2,981,000
3,411,000
3,200,000
3,073,000
3,101,000
4,068,000
3,182,000
3,253,000
3,634,000
4,428,000
3,770,000
3,561,000
3,924,000
4,219,000
3,430,000
3,430,000
7,034,000
7,034,000
5,180,000
5,180,000
5,083,000
5,083,000
5,537,000
5,537,000
5,657,000
5,657,000
6,827,000
6,827,000
6,827,0006,827,0005,657,0005,657,0005,537,0005,537,0005,083,0005,083,0005,180,0005,180,0007,034,0007,034,0003,430,0003,430,0004,219,0003,924,0003,561,0003,770,0004,428,0003,634,0003,253,0003,182,0004,068,0003,101,0003,073,0003,200,0003,411,0002,981,0003,215,0003,169,0003,562,0002,882,0002,810,0003,109,0003,436,0002,915,0003,311,0003,208,0003,669,0002,859,0003,066,0002,934,0003,466,0002,687,0002,926,0002,607,0002,830,0002,397,0002,600,0002,181,0002,624,0002,292,0002,423,0002,293,0002,835,0002,421,0002,568,0002,194,0002,750,0002,199,0002,393,0002,164,0002,595,0001,855,0001,876,0001,594,0001,952,0001,773,0001,355,0001,290,0001,328,000883,000
       Other Current Liabilities 
5,435,000
6,107,000
6,111,000
6,252,000
7,213,000
8,671,000
9,237,000
9,508,000
10,095,000
10,649,000
10,785,000
11,425,000
11,210,000
11,323,000
10,901,000
11,524,000
11,308,000
11,019,000
11,110,000
11,851,000
11,801,000
11,842,000
12,314,000
12,201,000
11,915,000
11,991,000
12,019,000
12,072,000
11,745,000
11,955,000
11,930,000
11,813,000
11,735,000
11,954,000
12,099,000
12,172,000
12,038,000
11,932,000
11,116,000
11,115,000
11,104,000
10,849,000
11,822,000
12,046,000
11,813,000
12,257,000
11,974,000
12,043,000
12,111,000
12,179,000
13,787,000
12,059,000
12,093,000
12,146,000
11,996,000
11,977,000
11,809,000
13,011,000
12,701,000
12,701,000
5,673,000
10,114,000
11,369,000
11,369,000
5,885,000
10,181,000
11,228,000
11,228,000
5,206,000
10,145,000
9,649,000
9,649,000
9,649,0009,649,00010,145,0005,206,00011,228,00011,228,00010,181,0005,885,00011,369,00011,369,00010,114,0005,673,00012,701,00012,701,00013,011,00011,809,00011,977,00011,996,00012,146,00012,093,00012,059,00013,787,00012,179,00012,111,00012,043,00011,974,00012,257,00011,813,00012,046,00011,822,00010,849,00011,104,00011,115,00011,116,00011,932,00012,038,00012,172,00012,099,00011,954,00011,735,00011,813,00011,930,00011,955,00011,745,00012,072,00012,019,00011,991,00011,915,00012,201,00012,314,00011,842,00011,801,00011,851,00011,110,00011,019,00011,308,00011,524,00010,901,00011,323,00011,210,00011,425,00010,785,00010,649,00010,095,0009,508,0009,237,0008,671,0007,213,0006,252,0006,111,0006,107,0005,435,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33,337,000
33,041,000
32,967,000
32,751,000
32,357,000
31,853,000
31,761,000
31,742,000
31,749,000
31,618,000
31,735,000
27,659,000
27,508,000
25,146,000
25,145,000
23,314,000
14,287,000
16,966,000
17,170,000
18,065,000
18,385,000
18,397,000
18,230,000
18,361,000
18,270,000
18,587,000
18,558,000
18,332,000
18,336,000
18,281,000
20,525,000
20,066,000
20,001,000
20,001,000
19,926,000
19,831,000
0
26,344,000
0
19,169,000
0
17,227,000
0
20,498,000
0
19,930,000
0
19,176,000
0
18,914,000
18,914,000019,176,000019,930,000020,498,000017,227,000019,169,000026,344,000019,831,00019,926,00020,001,00020,001,00020,066,00020,525,00018,281,00018,336,00018,332,00018,558,00018,587,00018,270,00018,361,00018,230,00018,397,00018,385,00018,065,00017,170,00016,966,00014,287,00023,314,00025,145,00025,146,00027,508,00027,659,00031,735,00031,618,00031,749,00031,742,00031,761,00031,853,00032,357,00032,751,00032,967,00033,041,00033,337,0000000000000000000000000
> Total Stockholder Equity
5,683,000
6,621,000
7,331,000
7,633,000
8,336,000
6,714,000
6,388,000
6,238,000
6,202,000
5,917,000
5,716,000
6,015,000
5,651,000
5,459,000
4,960,000
5,258,000
5,427,000
3,498,000
3,373,000
2,833,000
2,683,000
2,190,000
2,309,000
2,753,000
2,433,000
2,626,000
2,302,000
1,937,000
1,797,000
2,070,000
1,980,000
1,837,000
5,765,000
5,013,000
5,134,000
4,998,000
4,727,000
4,237,000
11,985,000
12,444,000
13,377,000
12,910,000
14,132,000
13,442,000
13,445,000
14,494,000
14,330,000
13,084,000
13,630,000
13,910,000
13,027,000
12,888,000
13,344,000
13,804,000
13,778,000
12,183,000
12,657,000
12,458,000
11,236,000
11,236,000
12,523,000
12,523,000
0
9,279,000
0
6,516,000
0
6,817,000
0
7,583,000
0
9,185,000
9,185,00007,583,00006,817,00006,516,00009,279,000012,523,00012,523,00011,236,00011,236,00012,458,00012,657,00012,183,00013,778,00013,804,00013,344,00012,888,00013,027,00013,910,00013,630,00013,084,00014,330,00014,494,00013,445,00013,442,00014,132,00012,910,00013,377,00012,444,00011,985,0004,237,0004,727,0004,998,0005,134,0005,013,0005,765,0001,837,0001,980,0002,070,0001,797,0001,937,0002,302,0002,626,0002,433,0002,753,0002,309,0002,190,0002,683,0002,833,0003,373,0003,498,0005,427,0005,258,0004,960,0005,459,0005,651,0006,015,0005,716,0005,917,0006,202,0006,238,0006,388,0006,714,0008,336,0007,633,0007,331,0006,621,0005,683,000
   Common Stock
803,000
844,000
878,000
886,000
947,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
0
100,000
100,000
100,000
100,000
100,000
100,000
100,000
135,000
135,000
135,000
135,000
135,000
135,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000
185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000185,000135,000135,000135,000135,000135,000135,000100,000100,000100,000100,000100,000100,000100,0000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000947,000886,000878,000844,000803,000
   Retained Earnings 
3,943,000
5,795,000
6,008,000
6,967,000
7,692,000
6,514,000
6,242,000
6,127,000
6,098,000
5,716,000
5,552,000
5,722,000
5,451,000
5,486,000
5,327,000
5,425,000
5,533,000
4,626,000
4,405,000
3,726,000
3,624,000
3,061,000
2,860,000
2,676,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,439,000
13,120,000
12,616,000
13,255,000
14,040,000
14,411,000
13,299,000
13,993,000
14,147,000
13,021,000
13,420,000
14,094,000
13,301,000
14,812,000
13,107,000
13,693,000
12,007,000
12,148,000
12,148,000
13,421,000
11,991,000
10,532,000
10,532,000
8,124,000
8,124,000
8,405,000
8,405,000
9,035,000
9,035,000
10,072,000
10,072,000
10,072,00010,072,0009,035,0009,035,0008,405,0008,405,0008,124,0008,124,00010,532,00010,532,00011,991,00013,421,00012,148,00012,148,00012,007,00013,693,00013,107,00014,812,00013,301,00014,094,00013,420,00013,021,00014,147,00013,993,00013,299,00014,411,00014,040,00013,255,00012,616,00013,120,0001,439,000000000000000000002,676,0002,860,0003,061,0003,624,0003,726,0004,405,0004,626,0005,533,0005,425,0005,327,0005,486,0005,451,0005,722,0005,552,0005,716,0006,098,0006,127,0006,242,0006,514,0007,692,0006,967,0006,008,0005,795,0003,943,000
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000-197,000-197,000-197,000-297,000-297,000-297,000-298,000-418,000-418,000-418,000-418,000-323,000-323,000-323,000-323,000-160,000-140,000-140,000-140,000000000000000000000000000000000000-58,000-28,000-28,000-62,000-66,000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-4,000
119,000
-420,000
-638,000
318,000
-1,022,000
-1,109,000
-1,221,000
266,000
-906,000
-1,097,000
-892,000
347,000
-1,247,000
-1,247,000
-1,602,000
-1,793,000
-1,582,000
-1,773,000
-1,446,000
-1,637,000
-881,000
-881,000
-881,000-881,000-1,637,000-1,446,000-1,773,000-1,582,000-1,793,000-1,602,000-1,247,000-1,247,000347,000-892,000-1,097,000-906,000266,000-1,221,000-1,109,000-1,022,000318,000-638,000-420,000119,000-4,0000000000000000000000000000000000000000000000000000



Balance Sheet

Currency in DKK. All numbers in thousands.




Cash Flow

Currency in DKK. All numbers in thousands.