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Consolidated Balance Sheets - EUR (€)
€ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents € 20,886 € 19,464
Current portion of net trade accounts and notes receivable 11,328 11,884
Other receivables 1,259 1,434
Inventories 8,178 7,212
Other assets, current portion 447 382
Total current assets 42,097 40,376
Non-current assets    
Property and equipment, net 4,069 4,208
Operating lease right-of-use assets 2,647
Intangible assets, net 770 847
Goodwill 2,412 2,412
Deposits and other non-current assets 640 546
Deferred tax assets 432 324
Net Trade accounts and notes receivable, non-current 2 26
Total assets 53,068 48,740
Current liabilities    
Trade accounts and notes payable 6,046 6,297
Deferred revenues, current portion 1,892 1,929
Social security and other payroll withholdings taxes 1,207 1,177
Employee absences compensation 634 612
Income taxes payable 280 118
Other accrued liabilities 2,109 2,122
Short-term borrowings 3,513 3,683
Current obligations under finance leases in 2019 and capital leases in 2018 392 383
Current portion of operating lease obligations 958
Current portion of long-term debt 462 491
Total current liabilities 17,493 16,812
Non-current liabilities    
Deferred revenues, non-current 1,313 973
Obligations under finance leases in 2019 and capital leases in 2018, non-current 653 852
Operating lease obligations, non-current 1,726
Long-term debt, non-current 957 1,339
Other long-term liabilities 3,567 3,800
Total liabilities 25,710 23,776
Shareholders’ equity    
Common stock, €0.13 par value; 29,433,994 shares issued and 29,141,566 shares outstanding at December 31, 2019; 29,368,394 shares issued and 28,997,866 shares outstanding at December 31,2018 3,826 3,818
Additional paid-in capital 66,331 65,983
Retained earnings (38,435) (39,947)
Cumulative other comprehensive loss (3,436) (3,748)
Treasury stock, at cost; 292,428 at December 31, 2019 and 370,528 at December 31, 2018 (928) (1,142)
Total shareholders’ equity 27,359 24,964
Total liabilities and shareholders’ equity € 53,068 € 48,740