Investor Presentaiton
nuuday
In brief
Business and strategy
Performance
Corporate governance
Financial statements
.......
Financial overview
2022
2021
2020
2019
2022
2021
2020
2019
Income statement (DKKM)1
Key financial ratios (%)
Revenue
Hereof service revenue
Gross profit
Underlying EBITDA2
EBITDA
14,674
14,657
14,756
15,625
Service revenue growth
13,275
13,213
13,341
14,227
Gross margin
4,847
4,993
5,318
5,895
EBITDA margin
1,766
1,823
1,936
2,035
EBIT margin
1,709
1,823
1,936
2,035
Equity ratio
0.5
(1.0)
(6.2)
(1.1)
33.0
34.1
36.0
37.7
11.6
12.4
13.1
13.0
0.6
(0.1)
(0.5)
1.0
37.5
2.2
4.4
6.2
Operating profit/(loss) (EBIT)
93
(13)
(77)
164
Profit/(loss) before income taxes
(227)
(413)
(470)
(204)
Retail RGUS ('000)
Profit/(loss) for the year
(190)
(390)
(410)
(128)
Mobile subscriptions³
2,847
2,805
2,726
2,761
TV
949
985
1,037
1,177
Income statement, excluding special items
Broadband4
1,036
1,049
1,091
1,170
Operating profit (EBIT)
159
111
46
219
Landline voice5
324
395
466
470
Profit/(loss) before income taxes:
(161)
(338)
(347)
(151)
Profit/(loss) for the year
(138)
(342)
(313)
(87)
Employees
FTES (end-of-year)
FTES Consumer
Balance sheet (DKKm)
Total assets
17,448
17,776
Net interest-bearing debt (NIBD)
(2,827)
(8,530)
Total equity
6,543
Underlying capital expenditure2
(1,136)
Capital expenditure
(1,314)
386
(1,149)
(1,149)
17,669
(9,647)
776
(1,431)
(1,431)
19,101
(9,861)
1,192
(1,517)
(1,517)
FTES Business
FTES Other
Statement of cash flow (DKKm)
Operating activities
Investing activities
Financing activities
Total cash flow
959
(1,316)
755
2,146
(970)
(1,174)
1,643
(1,348)
(323)
1,322
(1,601)
298
398
2
(28)
19
3,615
3,686
3,985
4,515
1,939
2,033
2,197
2,552
964
971
1,056
1,193
712
682
732
770
1 Nuuday A/S was established on 7 December 2018. On 11 June 2019, the parent company TDC A/S demerged parts of its rights and obli-
gations to Nuuday A/S. The financial statements reflect the demerger of TDC A/S, which had accounting effect from 1 January 2019.
Prior to the demerger, Nuuday A/S had no activities, and the comparative figures for 2018 have not been restated.
2 Excluding transformation costs.
3 Comparative figures have been restated to include Nuuday-owned brand RGUS previously recognised as wholesale customers in
Nuuday Mobile Partners and exclude Telmore debt collection customers. In addition, following the demerger of TDC A/S into Nuuday
and TDC NET, comparative figures have been adjusted to include TDC NET employees in the RGUS that were previously excluded.
4 Comparative figures have been adjusted to include BTO fibre.
5 Following internal migration of customers and alignment of accounting methods in Q2 2020, the level of landline voice RGUS has in-
creased. The migration had no impact on revenue or the result.
Nuuday Annual Report 2022
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