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NSI NV
Buy, Hold or Sell?

Let's analyse Nsi together

PenkeI guess you are interested in NSI NV. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of NSI NV. 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nsi (30 sec.)










What can you expect buying and holding a share of Nsi? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨7.38
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
‚ā¨35.22
Expected worth in 1 year
‚ā¨0.07
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨-28.25
Return On Investment
-146.2%

For what price can you sell your share?

Current Price per Share
‚ā¨19.32
Expected price per share
‚ā¨18.98 - ‚ā¨20.20
How sure are you?
50%

1. Valuation of Nsi (5 min.)




Live pricePrice per Share (EOD)

‚ā¨19.32

Intrinsic Value Per Share

‚ā¨10.60 - ‚ā¨21.03

Total Value Per Share

‚ā¨45.83 - ‚ā¨56.25

2. Growth of Nsi (5 min.)




Is Nsi growing?

Current yearPrevious yearGrowGrow %
How rich?$759.3m$948.8m-$189.4m-25.0%

How much money is Nsi making?

Current yearPrevious yearGrowGrow %
Making money-$152.2m-$33.5m-$118.7m-78.0%
Net Profit Margin-168.3%-44.0%--

How much money comes from the company's main activities?

3. Financial Health of Nsi (5 min.)




What can you expect buying and holding a share of Nsi? (5 min.)

Welcome investor! Nsi's management wants to use your money to grow the business. In return you get a share of Nsi.

What can you expect buying and holding a share of Nsi?

First you should know what it really means to hold a share of Nsi. And how you can make/lose money.

Speculation

The Price per Share of Nsi is ‚ā¨19.32. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nsi.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nsi, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨35.22. Based on the TTM, the Book Value Change Per Share is ‚ā¨-8.79 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨-3.05 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨1.72 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nsi.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps-7.56-39.1%-7.56-39.1%-1.66-8.6%1.316.8%1.145.9%
Usd Book Value Change Per Share-9.40-48.7%-9.40-48.7%-3.26-16.9%-0.25-1.3%-1.18-6.1%
Usd Dividend Per Share1.849.5%1.849.5%1.608.3%1.568.0%1.718.9%
Usd Total Gains Per Share-7.56-39.1%-7.56-39.1%-1.66-8.6%1.316.8%0.532.7%
Usd Price Per Share20.07-20.07-24.87-32.78-24.96-
Price to Earnings Ratio-2.66--2.66--14.94--7.94--2.79-
Price-to-Total Gains Ratio-2.66--2.66--14.94--7.94--3.03-
Price to Book Ratio0.53-0.53-0.53-0.71-0.59-
Price-to-Total Gains Ratio-2.66--2.66--14.94--7.94--3.03-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.666604
Number of shares48
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share1.841.56
Usd Book Value Change Per Share-9.40-0.25
Usd Total Gains Per Share-7.561.31
Gains per Quarter (48 shares)-362.6862.72
Gains per Year (48 shares)-1,450.73250.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1354-1805-1461299-48241
2708-3610-2912597-95492
31063-5415-4363896-143743
41417-7220-58141194-191994
51771-9025-72651493-2381245
62125-10829-87161791-2861496
72479-12634-101672090-3341747
82833-14439-116182389-3811998
93188-16244-130692687-4292249
103542-18049-145202986-4772500

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%5.05.00.050.0%10.09.00.052.6%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%10.09.00.052.6%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.06.00.040.0%11.08.00.057.9%

Fundamentals of Nsi

About NSI NV

NSI N.V. is a specialist commercial property investor and the only listed real estate investment trust (REIT) focused on well-located offices in economic growth regions in The Netherlands. The NSI team aims to maximise returns for its shareholders through pro-active management of its investment portfolio, value-add initiatives, and disciplined asset rotation. The portfolio, with a value of over one billion euros, is underpinned by a strong balance sheet, with significant capacity to fund both internal and external growth. By investing in an attractive space and a high level of services for its customers, NSI can generate sustainable and growing revenues to support an attractive level of dividends.

Fundamental data was last updated by Penke on 2024-06-16 07:09:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of NSI NV.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Nsi earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Nsi to the¬†REIT - Office industry mean.
  • A Net Profit Margin of -168.3%¬†means that¬†€-1.68 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NSI NV:

  • The MRQ is -168.3%. The company is making a huge loss. -2
  • The TTM is -168.3%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-168.3%TTM-168.3%0.0%
TTM-168.3%YOY-44.0%-124.3%
TTM-168.3%5Y30.8%-199.1%
5Y30.8%10Y29.2%+1.7%
1.1.2. Return on Assets

Shows how efficient Nsi is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Nsi to the¬†REIT - Office industry mean.
  • -13.1% Return on Assets means that¬†Nsi generated¬†€-0.13 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NSI NV:

  • The MRQ is -13.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -13.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.1%TTM-13.1%0.0%
TTM-13.1%YOY-2.5%-10.6%
TTM-13.1%5Y1.4%-14.5%
5Y1.4%10Y1.8%-0.4%
1.1.3. Return on Equity

Shows how efficient Nsi is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Nsi to the¬†REIT - Office industry mean.
  • -20.1% Return on Equity means Nsi generated €-0.20¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NSI NV:

  • The MRQ is -20.1%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -20.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-20.1%TTM-20.1%0.0%
TTM-20.1%YOY-3.5%-16.5%
TTM-20.1%5Y1.7%-21.8%
5Y1.7%10Y2.0%-0.3%

1.2. Operating Efficiency of NSI NV.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nsi is operating .

  • Measures how much profit Nsi makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Nsi to the¬†REIT - Office industry mean.
  • An Operating Margin of 54.9%¬†means the company generated €0.55 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NSI NV:

  • The MRQ is 54.9%. The company is operating very efficient. +2
  • The TTM is 54.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ54.9%TTM54.9%0.0%
TTM54.9%YOY-36.6%+91.5%
TTM54.9%5Y83.9%-29.0%
5Y83.9%10Y71.8%+12.1%
1.2.2. Operating Ratio

Measures how efficient Nsi is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†REIT - Office industry mean).
  • An Operation Ratio of 0.45 means that the operating costs are €0.45 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of NSI NV:

  • The MRQ is 0.451. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.451. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.451TTM0.4510.000
TTM0.451YOY0.288+0.163
TTM0.4515Y0.322+0.129
5Y0.32210Y0.307+0.015

1.3. Liquidity of NSI NV.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nsi is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†REIT - Office industry mean).
  • A Current Ratio of 0.11¬†means the company has €0.11 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of NSI NV:

  • The MRQ is 0.112. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.112. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.112TTM0.1120.000
TTM0.112YOY0.027+0.085
TTM0.1125Y0.196-0.084
5Y0.19610Y1.419-1.223
1.3.2. Quick Ratio

Measures if Nsi is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Nsi to the¬†REIT - Office industry mean.
  • A Quick Ratio of 0.08¬†means the company can pay off €0.08 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NSI NV:

  • The MRQ is 0.076. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.076. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.076TTM0.0760.000
TTM0.076YOY0.011+0.065
TTM0.0765Y0.146-0.070
5Y0.14610Y0.145+0.001

1.4. Solvency of NSI NV.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nsi assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Nsi to REIT - Office industry mean.
  • A Debt to Asset Ratio of 0.35¬†means that Nsi assets are¬†financed with 34.7% credit (debt) and the remaining percentage (100% - 34.7%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of NSI NV:

  • The MRQ is 0.347. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.347. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.347TTM0.3470.000
TTM0.347YOY0.307+0.040
TTM0.3475Y0.316+0.031
5Y0.31610Y0.388-0.072
1.4.2. Debt to Equity Ratio

Measures if Nsi is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Nsi to the¬†REIT - Office industry mean.
  • A Debt to Equity ratio of 53.2% means that company has €0.53 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NSI NV:

  • The MRQ is 0.532. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.532. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.532TTM0.5320.000
TTM0.532YOY0.443+0.089
TTM0.5325Y0.464+0.068
5Y0.46410Y0.696-0.232

2. Market Valuation of NSI NV

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Nsi generates.

  • Above 15 is considered overpriced but¬†always compare¬†Nsi to the¬†REIT - Office industry mean.
  • A PE ratio of -2.66 means the investor is paying €-2.66¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NSI NV:

  • The EOD is -2.735. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.656. Based on the earnings, the company is expensive. -2
  • The TTM is -2.656. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.735MRQ-2.656-0.079
MRQ-2.656TTM-2.6560.000
TTM-2.656YOY-14.938+12.282
TTM-2.6565Y-7.938+5.282
5Y-7.93810Y-2.787-5.151
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NSI NV:

  • The EOD is 9.344. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.073. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.073. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.344MRQ9.073+0.271
MRQ9.073TTM9.0730.000
TTM9.073YOY10.983-1.911
TTM9.0735Y15.693-6.620
5Y15.69310Y10.930+4.763
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nsi is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to REIT - Office industry mean).
  • A PB ratio of 0.53 means the investor is paying €0.53¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of NSI NV:

  • The EOD is 0.549. Based on the equity, the company is cheap. +2
  • The MRQ is 0.533. Based on the equity, the company is cheap. +2
  • The TTM is 0.533. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.549MRQ0.533+0.016
MRQ0.533TTM0.5330.000
TTM0.533YOY0.528+0.004
TTM0.5335Y0.709-0.177
5Y0.70910Y0.586+0.123
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NSI NV compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---8.788-8.7880%-3.049-65%-0.232-97%-1.107-87%
Book Value Per Share--35.22135.2210%44.009-20%42.700-18%38.516-9%
Current Ratio--0.1120.1120%0.027+316%0.196-43%1.419-92%
Debt To Asset Ratio--0.3470.3470%0.307+13%0.316+10%0.388-11%
Debt To Equity Ratio--0.5320.5320%0.443+20%0.464+15%0.696-24%
Dividend Per Share--1.7241.7240%1.492+16%1.454+19%1.602+8%
Eps---7.064-7.0640%-1.556-78%1.222-678%1.068-761%
Free Cash Flow Per Share--2.0682.0680%2.117-2%1.980+4%2.314-11%
Free Cash Flow To Equity Per Share---0.572-0.5720%-1.288+125%-0.522-9%-0.256-55%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--21.034--------
Intrinsic Value_10Y_min--10.605--------
Intrinsic Value_1Y_max--2.275--------
Intrinsic Value_1Y_min--1.767--------
Intrinsic Value_3Y_max--6.707--------
Intrinsic Value_3Y_min--4.730--------
Intrinsic Value_5Y_max--10.987--------
Intrinsic Value_5Y_min--7.037--------
Market Cap389398464.000+3%378111552.000378111552.0000%468608400.000-19%617595638.400-39%470255079.840-20%
Net Profit Margin---1.683-1.6830%-0.440-74%0.308-646%0.292-677%
Operating Margin--0.5490.5490%-0.366+167%0.839-35%0.718-23%
Operating Ratio--0.4510.4510%0.288+56%0.322+40%0.307+47%
Pb Ratio0.549+3%0.5330.5330%0.528+1%0.709-25%0.586-9%
Pe Ratio-2.735-3%-2.656-2.6560%-14.938+462%-7.938+199%-2.787+5%
Price Per Share19.320+3%18.76018.7600%23.250-19%30.642-39%23.332-20%
Price To Free Cash Flow Ratio9.344+3%9.0739.0730%10.983-17%15.693-42%10.930-17%
Price To Total Gains Ratio-2.735-3%-2.656-2.6560%-14.938+462%-7.937+199%-3.032+14%
Quick Ratio--0.0760.0760%0.011+616%0.146-48%0.145-48%
Return On Assets---0.131-0.1310%-0.025-81%0.014-1051%0.018-829%
Return On Equity---0.201-0.2010%-0.035-82%0.017-1279%0.020-1120%
Total Gains Per Share---7.064-7.0640%-1.556-78%1.222-678%0.496-1525%
Usd Book Value--759362914.800759362914.8000%948832457.600-20%920604144.300-18%830406826.360-9%
Usd Book Value Change Per Share---9.401-9.4010%-3.261-65%-0.248-97%-1.184-87%
Usd Book Value Per Share--37.67637.6760%47.076-20%45.676-18%41.201-9%
Usd Dividend Per Share--1.8451.8450%1.596+16%1.555+19%1.714+8%
Usd Eps---7.556-7.5560%-1.665-78%1.307-678%1.143-761%
Usd Free Cash Flow--44579747.50044579747.5000%45638750.500-2%42698787.020+4%49891877.700-11%
Usd Free Cash Flow Per Share--2.2122.2120%2.264-2%2.118+4%2.475-11%
Usd Free Cash Flow To Equity Per Share---0.612-0.6120%-1.377+125%-0.558-9%-0.274-55%
Usd Market Cap416539536.941+3%404465927.174404465927.1740%501270405.480-19%660642054.396-39%503031858.905-20%
Usd Price Per Share20.667+3%20.06820.0680%24.871-19%32.778-39%24.958-20%
Usd Profit---152293189.000-152293189.0000%-33556489.000-78%26336869.760-678%23030106.150-761%
Usd Revenue--90489132.10090489132.1000%76279237.300+19%84098530.360+8%93745833.750-3%
Usd Total Gains Per Share---7.556-7.5560%-1.665-78%1.307-678%0.530-1525%
 EOD+4 -4MRQTTM+0 -0YOY+11 -245Y+10 -2510Y+8 -27

3.2. Fundamental Score

Let's check the fundamental score of NSI NV based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.735
Price to Book Ratio (EOD)Between0-10.549
Net Profit Margin (MRQ)Greater than0-1.683
Operating Margin (MRQ)Greater than00.549
Quick Ratio (MRQ)Greater than10.076
Current Ratio (MRQ)Greater than10.112
Debt to Asset Ratio (MRQ)Less than10.347
Debt to Equity Ratio (MRQ)Less than10.532
Return on Equity (MRQ)Greater than0.15-0.201
Return on Assets (MRQ)Greater than0.05-0.131
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of NSI NV based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.050
Ma 20Greater thanMa 5019.572
Ma 50Greater thanMa 10018.876
Ma 100Greater thanMa 20018.589
OpenGreater thanClose19.100
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,087,625
Total Liabilities377,741
Total Stockholder Equity709,882
 As reported
Total Liabilities 377,741
Total Stockholder Equity+ 709,882
Total Assets = 1,087,625

Assets

Total Assets1,087,625
Total Current Assets4,235
Long-term Assets1,083,389
Total Current Assets
Cash And Cash Equivalents 202
Net Receivables 2,668
Inventory 1,567
Other Current Assets -202
Total Current Assets  (as reported)4,235
Total Current Assets  (calculated)4,235
+/-0
Long-term Assets
Property Plant Equipment 3,835
Intangible Assets 32
Long-term Assets Other 12,139
Long-term Assets  (as reported)1,083,389
Long-term Assets  (calculated)16,006
+/- 1,067,383

Liabilities & Shareholders' Equity

Total Current Liabilities37,968
Long-term Liabilities339,775
Total Stockholder Equity709,882
Total Current Liabilities
Short-term Debt 11,012
Short Long Term Debt 11,012
Accounts payable 3,971
Other Current Liabilities -11,012
Total Current Liabilities  (as reported)37,968
Total Current Liabilities  (calculated)14,983
+/- 22,985
Long-term Liabilities
Long term Debt 333,632
Capital Lease Obligations 1,317
Long-term Liabilities Other 3,541
Long-term Liabilities  (as reported)339,775
Long-term Liabilities  (calculated)338,490
+/- 1,285
Total Stockholder Equity
Common Stock74,171
Retained Earnings -142,370
Other Stockholders Equity 778,081
Total Stockholder Equity (as reported)709,882
Total Stockholder Equity (calculated)709,882
+/-0
Other
Capital Stock74,171
Cash and Short Term Investments 202
Common Stock Shares Outstanding 20,118
Current Deferred Revenue33,997
Liabilities and Stockholders Equity 1,087,625
Net Debt 344,442
Net Invested Capital 1,054,526
Net Working Capital -33,733
Property Plant and Equipment Gross 5,263
Short Long Term Debt Total 344,644



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-31
> Total Assets 
1,202,909
1,261,713
1,245,162
1,429,294
1,320,278
1,390,099
2,352,568
2,147,915
1,847,843
1,700,186
1,288,544
1,166,462
1,118,269
1,216,559
1,291,133
1,258,103
1,368,225
1,279,790
1,087,625
1,087,6251,279,7901,368,2251,258,1031,291,1331,216,5591,118,2691,166,4621,288,5441,700,1861,847,8432,147,9152,352,5681,390,0991,320,2781,429,2941,245,1621,261,7131,202,909
   > Total Current Assets 
5,370
6,388
6,794
3,626
2,427
17,025
18,356
98,899
27,495
44,514
92,423
394,319
37,447
5,940
18,484
2,382
11,744
2,763
4,235
4,2352,76311,7442,38218,4845,94037,447394,31992,42344,51427,49598,89918,35617,0252,4273,6266,7946,3885,370
       Cash And Cash Equivalents 
0
0
0
1
0
2,885
4,399
7,007
13,204
10,235
22,306
2,067
6,827
245
1,433
155
7,729
196
202
2021967,7291551,4332456,8272,06722,30610,23513,2047,0074,3992,88501000
       Short-term Investments 
0
0
0
0
4
11,835
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000011,83540000
       Net Receivables 
0
0
0
0
0
0
0
0
0
11,221
1,269
1,822
1,580
1,456
1,101
3,886
4,015
892
2,668
2,6688924,0153,8861,1011,4561,5801,8221,26911,221000000000
       Other Current Assets 
5,370
6,388
6,794
3,625
2,423
2,305
13,957
91,892
14,291
34,279
70,117
392,252
30,620
1
1
-4,041
1
1
-202
-20211-4,0411130,620392,25270,11734,27914,29191,89213,9572,3052,4233,6256,7946,3885,370
   > Long-term Assets 
1,197,539
1,255,325
1,238,368
1,425,668
1,317,851
1,373,074
2,334,212
2,049,016
1,820,348
1,655,672
1,196,121
772,143
1,080,822
1,210,619
1,272,649
1,255,721
1,356,481
1,277,027
1,083,389
1,083,3891,277,0271,356,4811,255,7211,272,6491,210,6191,080,822772,1431,196,1211,655,6721,820,3482,049,0162,334,2121,373,0741,317,8511,425,6681,238,3681,255,3251,197,539
       Property Plant Equipment 
439
5,100
4,508
4,124
3,941
3,409
3,890
3,750
2,865
1,952
1,692
1,516
787
777
1,531
1,464
5,165
4,063
3,835
3,8354,0635,1651,4641,5317777871,5161,6921,9522,8653,7503,8903,4093,9414,1244,5085,100439
       Goodwill 
0
0
8,205
0
0
0
0
8,205
8,205
8,205
8,205
0
0
0
0
0
0
0
0
000000008,2058,2058,2058,20500008,20500
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
51,405
0
0
0
0
0
0
0
0
0000000051,4050000000000
       Intangible Assets 
0
0
0
8,205
8,327
8,505
8,509
281
276
244
202
193
560
510
366
242
134
72
32
32721342423665105601932022442762818,5098,5058,3278,205000
       Long-term Assets Other 
1,197,100
1,250,225
1,225,655
1,413,339
1,305,583
1,361,160
2,321,813
2,036,780
1,809,002
1,645,271
1,186,022
770,434
1,079,475
1,209,332
1,270,752
1,254,015
1,351,182
1,272,892
12,139
12,1391,272,8921,351,1821,254,0151,270,7521,209,3321,079,475770,4341,186,0221,645,2711,809,0022,036,7802,321,8131,361,1601,305,5831,413,3391,225,6551,250,2251,197,100
> Total Liabilities 
619,620
645,451
591,754
847,113
765,450
808,473
1,442,948
1,358,127
914,928
911,238
627,824
562,208
445,581
483,276
387,824
403,666
419,768
392,782
377,741
377,741392,782419,768403,666387,824483,276445,581562,208627,824911,238914,9281,358,1271,442,948808,473765,450847,113591,754645,451619,620
   > Total Current Liabilities 
98,435
131,355
60,285
83,292
75,807
109,591
256,325
316,130
170,771
381,326
85,486
36,507
35,623
37,464
62,717
29,627
25,192
103,054
37,968
37,968103,05425,19229,62762,71737,46435,62336,50785,486381,326170,771316,130256,325109,59175,80783,29260,285131,35598,435
       Short-term Debt 
79,892
106,625
38,549
59,572
54,485
89,677
210,916
272,392
127,758
333,672
47,067
3,929
10,573
11,747
38,668
1,488
1,120
80,066
11,012
11,01280,0661,1201,48838,66811,74710,5733,92947,067333,672127,758272,392210,91689,67754,48559,57238,549106,62579,892
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
302,256
47,047
3,929
10,573
11,747
38,301
1,090
707
79,693
11,012
11,01279,6937071,09038,30111,74710,5733,92947,047302,256000000000
       Accounts payable 
734
148
154
0
20,793
19,914
45,313
5,540
5,878
4,477
2,728
4,924
3,668
3,402
2,750
1,988
2,627
3,178
3,971
3,9713,1782,6271,9882,7503,4023,6684,9242,7284,4775,8785,54045,31319,91420,7930154148734
       Other Current Liabilities 
17,631
24,331
21,286
23,720
529
0
96
33,377
33,297
39,966
30,181
1
19,448
20,056
-1
-2
21,445
13,681
-11,012
-11,01213,68121,445-2-120,05619,448130,18139,96633,29733,37796052923,72021,28624,33117,631
   > Long-term Liabilities 
521,185
514,096
531,469
763,821
689,643
698,882
1,186,623
1,041,997
744,157
529,912
542,338
525,701
409,958
445,812
325,107
374,039
394,576
289,728
339,775
339,775289,728394,576374,039325,107445,812409,958525,701542,338529,912744,1571,041,9971,186,623698,882689,643763,821531,469514,096521,185
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
2,275
3,538
4,078
3,868
2,559
2,550
2,764
0
02,7642,5502,5593,8684,0783,5382,27500000000000
> Total Stockholder Equity
583,289
616,262
653,408
582,181
554,828
581,626
781,218
666,850
801,159
632,758
660,748
604,254
672,688
733,283
903,309
854,437
948,457
887,008
709,882
709,882887,008948,457854,437903,309733,283672,688604,254660,748632,758801,159666,850781,218581,626554,828582,181653,408616,262583,289
   Common Stock
16,458
16,458
16,458
16,458
18,104
19,914
27,732
31,372
65,872
65,872
65,872
65,872
67,583
68,353
69,617
70,992
72,489
73,800
74,171
74,17173,80072,48970,99269,61768,35367,58365,87265,87265,87265,87231,37227,73219,91418,10416,45816,45816,45816,458
   Retained Earnings 
54,917
45,138
49,304
-21,340
0
0
0
-103,117
-134,075
-136,897
63,794
-17,833
91,602
91,525
196,297
-20,414
120,961
-31,370
-142,370
-142,370-31,370120,961-20,414196,29791,52591,602-17,83363,794-136,897-134,075-103,117000-21,34049,30445,13854,917
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
511,914
554,666
587,646
587,063
537,765
562,093
753,872
738,595
869,362
703,783
531,082
556,648
513,751
573,721
637,395
803,859
755,007
844,578
778,081
778,081844,578755,007803,859637,395573,721513,751556,648531,082703,783869,362738,595753,872562,093537,765587,063587,646554,666511,914



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.