Glossary
Artemis Beteiligungen I AG Affiliated company that is controlled by Michael Pieper and has been the main shareholder in Arbonia AG since December 2014.
BIM (Building Information Modeling) Describes a method of optimised planning, execution and management of buildings and other structures with the aid of software.
Cash flow Positive or negative surplus cash arising from commercial activity, measured over a certain period. Cash flow can be used to evaluate how financially strong a company is.
Coextrusion A technique for manufacturing multilayered products. Material from the main extruder is combined with a second material that is extruded – in other words, moulded – using a small extruder (or coextruder). This creates a multilayered product.
Consolidation The process of combining the individual annual account items of all the companies belonging to a group, in order to form a consolidated financial statement.
Door leaf Movable part of a door element that allows or prevents access to rooms. Often simply referred to as a door.
Door rebate A distinction is made between rebated and unrebated doors for interior doors. This refers to the type of edge geometry: With a rebated door, i.e. a door leaf with an L-shaped edge, the door leaf does not lie flush in the frame, but lies lightly on the frame. These doors have the advantage that they cover the gap between the frame and the door leaf and thus close more tightly. There are also blunt or unrebated door leaves. The edge of the door leaf is straight, without rebate; door leaf and frame are on the same level.
Downtrading A deliberate reduction in the level of performance and/or quality of a product, often accompanied by a reduction in price. This is a market strategy that changes products in such a way as to address consumer groups whose income is lower than that of previous target groups.
EBIT Earnings Before Interests and Taxes: a company’s operating results before interest and taxes are taken into account.
EBIT margin Indicates EBIT in relation to revenue.
EBITDA Earnings Before Interests and Taxes, Depreciations and Amortization: a company’s operating results before interest, taxes, depreciation and amortization are taken into account. EBITDA is one of the most meaningful figures in evaluating a company’s earning power.
EBITDA margin Indicates EBITDA in relation to revenue.
Equity ratio Indicates the shareholders' equity in relation to total capital. It is used to assess a company's financial capacity and stability. If the equity ratio is high, you can assume that the company is less dependent on third-party funds.
Fan coil Depending on the temperature of the flow water for a connected water heater / chiller, fan coils are able to heat, cool and dehumidify a room, and are able to provide ventilation and the option of filtering indoor air in fan-only operation. This results in maximum comfort with optimum room air quality. A fan radiator is able to heat (but not cool) a room by means of convection when the fan is switched off.
Fitting A functional element for opening and closing a window which acts mechanically via the handle. Window fittings connect the movable part of a window (window sash) with the immovable part (window frame).
Frame Also known as a lining construction, which covers the passageway in the wall and serves to accommodate the door leaf.
Free cash flow The operating cash flow minus cash flow from investing activities; illustrates how much cash remains free for shareholder dividends and/or any repayment of debt financing that may be required.
Free float The portion of the total number of a company’s shares that is not in fixed ownership. Small portions owned by private investors are also included in the free float, even though they are essentially in fixed ownership.
Goodwill In accounting, goodwill represents an intangible asset within the company that arises through the acquisition of other companies or parts of companies in return for payment.
Heat pump Draws its heat energy from the air, groundwater or soil, and uses this extremely efficiently to generate the heat required for heating drinking water and rooms. Compared to heat pumps, no other kind of heat generator is a more environmentally sustainable solution or is more fit for the future.
Installation depth Indicates the thickness of the window frame profile. It depends, among other things, on the number of air chambers in the window frame, but also on the thickness of the glazing that can be inserted into the frame.
Insulating glass Multi-pane insulating glass (MIG), also known as insulated glazing or double/triple glazing, is a construction element made up of at least two panes of glass and is used for windows or other glass features. The area between the panes is hollow and sealed against gas and moisture. This helps to keep noise out and heat in.
Market capitalisation A company's stock market value. It is calculated using the number of shares x the current share price.
Net indebtedness The total that remains when cash and cash equivalents are deducted from non-current liabilities. This indicates how much cash would be available for repaying loans if the cash and cash equivalents were already used up and the company had to liquidate its current assets.
RFID (radio-frequency identification) Refers to the technology used by sender-receiver systems to automatically identify and locate objects and living organisms using radio waves, meaning that no contact is required.
Surface heating A catch-all term covering various types of heating and cooling, and denotes a process in which heat is emitted or absorbed via the surfaces of the components in a building.