Last modified: 15.5.2019

Key Figures

The income of Hoivatilat consists of property rental income, gains on property sales and changes in the value of properties. The company’s result consists of net rental income from properties, changes in property values realised through sales and unrealised changes in property values, borrowing costs, administrative expenses and taxes.

Key figures reflecting the Group’s financial performance

                           1.1.–31.12.
2018 2017
Total revenue, EUR million 17,2 12,4
Operating profit, EUR million 48,5 33,3
Profit for the financial year, EUR million 37,0 25,5
Balance sheet total, EUR million 364,3 258,1
Equity ratio, % 44,5 % 50,1 %
Gearing ratio, % 98,2 % 77,6 %
Return on equity, % 25,4 % 25,0 %
Earnings per share, EUR 1,46 1,05
Dividend per share, EUR 0,17 0,13
Economic occupancy rate, % 100,0 % 100,0 %
Operational occupancy rate, % 100,0 % 100,0 %
Tenant turnover per month % 0,0 % 0,0 %
EBIT, EUR million 7,7 5,4
EBIT per share, EUR 0,30 0,22
NAV, EUR thousand 185 304 143 346
NAV / share, EUR 7,28 5,67
NNAV, EUR thousand  161 937 129 136
NNAV/share, EUR 6,37 5,11
Net Initial Yield, % 6,2 % 6,5 %
Vacancy rate, % 0,0 % 0,0 %
Completed properties 120 90