Financial position
| EUR million | Q1 2022 | Q1 2021 |
| Interest-bearing net debt | 207.1 | 180.3 |
| Net debt / EBITDA (LTM) | 1.04 | 0.85 |
| Equity ratio, % | 54% | 54% |
| Net gearing, % | 26% | 25% |
| Cash flow from operating activities before financial items and taxes | -55.9 | 10.7 |
In addition to outstanding loans, Fiskars Group had EUR 250 million of unutilized longterm committed credit facilities. A commercial paper program of EUR 400 million with Nordic banks was partly in use.