Trifork Holding AG (CPSE:TRIFOR) is looking for M&A. Jorn Larsen, CEO said, "We are actually very hard looking into M&A opportunities all the time. And maybe it's unusual for you to understand, but the valuations of good tech companies are still extremely high. We have tried to compete in a few M&A scenarios.

And we were opting out before, you can say, the auction were closed because we simply believe that the prices of companies are still way too high. And that's, of course, a food for thought in this environment". Kristian Wulf-Andersen, Chief Financial Officer said, "Overall, cash flow and financial position.

Jørn already mentioned that we're still cash positive in relation to net bearing debt. So you see we have a leverage of minus 0.1 to adjusted EBITDA and still cash positive in that way. So we are still in the same position as we were at end of year with relation to investing in new start-ups and new acquisitions.

Overall, we have a positive cash flow and a good balance in between cash flow and also repaying debt, et cetera, on existing acquisition loans, et cetera. So overall, we believe we are in good positions for also doing new acquisitions".