Key figures

EUR 000´s	2021	2020	2019*	2018	2017	2016	2015	2014	2013	2012
Net sales	186 069	156 771	272 820	323 158	185 856	130 072	113 618	86 653	65 033	60 773
Annual growth, %	18.7 %	-42.5 %	30.1 %	73.9 %	42.9 %	14.5 %	31.3 %	33.2 %	7.0 %	28.5 %
EBITDA**	-	-	-	28 410	22 404	19 399	16 536	12 008	9 146	9 939t
EBITDA-%**	-	-	-	8.8 %	12.1 %	14.9 %	14.6 %	13.9 %	14.1 %	16.4 %
EBIT	-898	-23 880	30 551	7 190	10 767	8 998	7 266	5 265	4 051	5 719
EBIT-%	-0.5 %	-15.2 %	11.2%	2.2 %	5.8 %	6.9 %	6.4 %	6.1 %	6.2 %	9.4 %
Net profit	-10 338	-29 469	46 128	4 231	5 492	5 864	4 809	3 334	2 908	3 788
Shareholders of the parent	-10 635	-26 825	22 300	3 494	5 058	5 608	5 050	3 451	2 565	3 076
Non-controlling interests	298	-2 644	1 547	737	434	256	-241	-117t	344	712
Interest-bearing net liabilities excluding IFRS 16 impact, EUR	151 916	163 431	105 391
Gearing ratio excluding IFRS 16 impact, %	203.1 %	192.0 %	75.9 %
Interest-bearing net debt	320 877	316 621	266 691	138 500	43 649	30 377	29 313	18 944	6 184	5 982
Net gearing	462.4 %	391.0 %	194.6 %	184.3 %	93.1 %t	69.1 %t	73.2 %t	48.1 %t	21.9 %t	43.8 %
Equity ratio	15.1 %	18.1 %	29.1 %	24.6 %	35.3 %t	45.2 %t	44.4 %t	47.2 %t	60.9 %t	38.1 %t

Main operating metrics	2021	2020	2019*	2018	2017	2016	2015	2014	2013	2012
Materials margin-%	74.4 %	72.0 %	74.3 %	73.9 %	*	*	*	74.0 %	73.9 %	74.3 %
Personnel expenses-% (incl. external services)	36.0 %	38.0 %	30.5 %	*	*	*	*	29.6 %	30.1 %	29.6 %
ROIC-%	0.0 %	-5.9 %	8.4 %	5.2 %	10.7 %	11.9 %	10.8 %	10.5 %	10.7 %	24.2 %
No. restaurants, net change	21	7	10	69	20	9	11	32	0	10

*The figures stated below according to the new segment structure. Starting from September 2019, the Group only has one segment: the restaurant business.
**The company has given up commenting on EBITDA.

Restaurant business (EUR thousand)	2021	2020	2019*	2018	2017	2016	2015	2014
Turnover	186 069	156 771	272 912	209 725	122 174	107 544	100 315	83 666t
EBITDA**	-	-	-	19 643	16 325	16 475	14 801	11 444
EBITDA, %**	-	-	-	9.4 %	13.4 %	15.3 %	14.8 %	13.7 %
Operating profit	-898	-24 488	18 389	2 206	6 920	7 401	6 492	4 957
Operating profit, %	-0.5 %	-15.6 %	6.7 %	1.1 %	5.7 %t	6.9 %t	6.5 %t	5.9 %t
Key figures
Material margin, %	74.4 %	72.0 %	74.3 %	73.9 %	74.1 %	74.6 %	74.3 %	74.0 %
Staff expenses, %	36.0 %	38.0 %	30.5 %	32.1 %	28.0 %t	28.1 %t	28.5 %t	29.6 %t

Labour hire business (EUR thousand)	2019*	2018	2017	2016	2015	2014
Turnover	-	127 090	75 612t	34 129t	24 151t	6 833t
EBITDA	-	8 753	6 603t	3 441t	2 161t	696
EBITDA, %	-	6.9 %	8.7 %t	10.1 %t	8.9 %t	10.2 %t
Operating profit	-	4 970	3 834t	1 597t	775	308
Operating profit, %	-	3.9 %	5.1 %t	4.7 %t	3.2 %t	4.5 %t
Key figures
Staff expenses, %	-	82.4 %	83.7 %t	85.5 %t	85.2 %t	84.0 %t

*Description of accounting principles

• The Group’s labour hire business ended on 23 August 2019, when the subsidiary Smile Henkilöstöpalvelut Oyj was merged with VMP Plc and the combined company Eezy Plc became an associated company of the Group. Starting from September 2019, the Group only has one segment: the restaurant business.
• The labour hire segment is treated as a discontinued operation and a separate item in the income statement. Comparative information has been adjusted accordingly. For more detailed information, see Interim Report 2020, Note 3.
• Due to the labour hire business transaction, the Group started to present alternative performance measures that improve comparability. It is believed that these alternative performance measures improve the understanding prevailing on the market regarding the development and financial situation of the restaurant business. The most significant item added to the comparable result is the Group’s internal staffing service purchases that took place before the transaction. In the future, these will be presented as outsourced services. The calculation principles of the key figures that improve comparability are presented in more detail in Interim Report 2020, Note 3.
• In the Interim Report 2020, the Group’s continuing and discontinued operations as well as the comparable continuing operations of the restaurant business are presented separately.
• NoHo Partners adopted the IFRS 16 Leases standard as of 1 January 2019. The figures of the reference period 2018 have not been adjusted. More information about the application of the IFRS 16 standard and other significant interim report accounting principles can be found in the notes to the Interim Report 2020.
• Unless otherwise stated, figures in parentheses refer to the corresponding period last year.

Key figures

MEUR 224.7 (116.5)

MEUR 23.2 (-7.6)

10.3% (-6.5)

MEUR 4.2 * (-13.7)

EUR 0.08 * (-0.63)

MEUR 30.1 (1.5)

MEUR 224.7
(116.5)

MEUR 23.2
(-7.6)

10.3%
(-6.5)

MEUR 4.2 *
(-13.7)

EUR 0.08 *
(-0.63)

MEUR 30.1
(1.5)