Financial position and key figures

In 2020, acquisitions under Hansel’s joint procurement agreements totalled EUR 916 million (EUR 900 million in 2019). Due to Covid-19, the planned hundred-million-euro growth was only 16 million, i.e. two per cent. Covid-19 had a particularly negative impact on the following joint procurement projects: travel, meeting services, food, and restaurant services. On the other hand, vehicle and logistics services, software and IT hardware grew.

The company’s net sales in 2020 totalled EUR 11.5 million (EUR 11.1 million in 2019). The net sales consisted of service fees for joint procurement totalling EUR 8.7 million (EUR 8.7 million in 2019), sales of expert services totalling EUR 2.4 million (EUR 2.1 million in 2019), and other service fees and revenue totalling EUR 365,000 (EUR 420,000 in 2019). The loss for the 2020 accounting period was EUR 1,723,000 (loss of EUR 770,000 in 2019). The loss was planned and mostly due to the costs of the reorganisation of the company and its ownership resulting from the merger on 2 September 2019. Significant profit will be accrued gradually only after the new procurement agreements are used. The agreements tendered by Hansel before the merger could not be opened for municipal customers. The company was profitable in 2006–2017. In accordance with its articles of association, Hansel is a non-profit limited liability company. The financial position of the company is good.

Key financial figures

2020 2019 2018 2017 2016
Joint procurement, thousand euros 915,970 899,673 895,213 826,482 770,533
Net sales, thousand euros 11,465 11,148 10,922 10,435 9,598
Operating profit, thousand euros -1,756 -838 -686 203 451
and its share of the net sales, % -15.3 -7.5 -6.3 1.9 4.7
Result for the financial period, thousand euros -1,723 -770 -672 184 406
Balance sheet total, thousand euros 13,009 14,688 18,711 19,252 19,150
Equity, thousand euros 8,106 9,829 15,570 16,241 16,057
Equity ratio, % 62.3 66.9 83.2 84.4 83.8
Personnel at the end of the financial period, active input (person-years) 112 113 92 90 72