DGAP-News: Heliad Equity Partners GmbH & Co. KGaA
/ Key word(s): Annual Report/Annual Results
Frankfurt am Main, March 23, 2020 - Heliad Equity Partners GmbH & Co KGaA (ISIN: DE000A0L1NN5, HPBK.GR) today publishes its figures for the 2020 financial year.
Heliad generated net income of EUR 16 million in the 2020 financial year in accordance with HGB accounting standards (PY: EUR -3.9 million), which represents a positive change of around EUR 20 million compared to the same period of the previous year. This very good result was achieved in particular through a partial sale of the shareholding in the listed flatexDEGIRO AG (formerly flatex AG) as well as the total sale of the shares in AlphaPet Ventures GmbH.
At EUR 57.3 million, net profit for the period in accordance with IFRS accounting standards was EUR 46 million higher than in the previous year (EUR 11.3 million). The revaluation of the listed shares in flatexDEGIRO AG, which developed positively by +159% in the fiscal year, contributed significantly to the very good result for the period.
As of December 31, 2020, Heliad had cash and cash equivalents of EUR 24.5 million (PY: EUR 1.2 million). The company's equity according to IFRS amounts to EUR 129.9 million (PY: EUR 72.7 million) and reaches an equity ratio of 98.9% (previous year: 99.2%).
Heliad's net asset value as of 31.12.2020 amounts to EUR 13.28 / share (PY: EUR 7.39) and has thus developed very positively by EUR 5.89 / share.
The complete annual report is published at www.heliad.com in the Investor Relations section.
Further information about Heliad can be found at www.heliad.com
|Company:||Heliad Equity Partners GmbH & Co. KGaA|
|Phone:||+49-69-719 12 80 - 0|
|Fax:||+49 69 71 91 59 65 11|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1177396|
|End of News||DGAP News Service|