Financial position
| EUR million | Q1 2023 | Q1 2022 |
| Interest-bearing net debt | 369.8 | 207.1 |
| Net debt / EBITDA (LTM), ratio | 2.04 | 1.04 |
| Equity ratio, % | 50 | 54 |
| Net gearing, % | 47 | 26 |
| Cash flow from operating activities before financial items and taxes | 22.1 | -55.9 |
Fiskars Group had EUR 250.0 (250.0) million of long-term committed credit facilities and
uncommitted overdraft facilities of EUR 46.9 (47.5) million. A commercial paper program of 400 million was available with Nordic banks. Of the long-term committed credit facilities, EUR 30.0 million was in use (0.0), and of the commercial paper program, EUR 150.0 (85.0) million was in use.