Five-year summary
Five-year summary
| INCOME STATEMENT | 2023 |
2022 |
2021 |
2020 |
2019 |
| Sales | 623,543 |
494,575 |
506,789 |
454,933 |
406,325 |
| Operating expenses | -584,256 |
-463,752 |
-460,881 |
-444,112 |
-430,717 |
| Operating profit/loss | 39,287 |
30,823 |
45,908 |
10,821 |
-24,392 |
| Financial items | -14,730 |
2,255 |
1,400 |
-8,346 |
-3,137 |
| Result joint ventures | -1,601 |
- |
- |
- |
- |
| Profit/loss before tax | 22,956 |
33,078 |
47,308 |
2,475 |
-27,529 |
| Income tax | -10,081 |
-13,023 |
-12,318 |
1,478 |
12,418 |
| Profit/loss for the year/Total profit/loss | 12,875 |
20,055 |
34,99 |
3,953 |
-15,111 |
| BALANCE SHEET | 2023 |
2022 |
2021 |
2020 |
2019 |
| Noncurrent assets | 533,429 |
490,922 |
436,379 |
416,237 |
456,830 |
| Current assets | 428,165 |
337,329 |
361,115 |
351,007 |
249,047 |
| Total assets | 961,594 |
828,251 |
797,494 |
767,244 |
705,877 |
| Shareholders’ equity | 635,687 |
626,068 |
561,803 |
514,559 |
448,854 |
| Noncurrent liabilities | 99,367 |
69,636 |
65,421 |
65,509 |
76,901 |
| Current liabilities | 226,541 |
132,547 |
170,270 |
187,176 |
180,122 |
| Total shareholders’ equity and liabilities | 961,594 |
828,251 |
797,494 |
767,244 |
705,877 |
| Data per share | 2023 |
2022 |
2021 |
2020 |
2019 |
| Earnings per share 31 Dec, SEK 1) | 1.06 |
1.61 |
2.83 |
0.44 |
-1.25 |
| Shareholders’ equity per share, SEK 1) | 55.17 |
54.34 |
48.76 |
44.66 |
41.75 |
| Dividend per share, SEK | 0 |
0 |
0 |
0 |
0 |
| Share price 31 Dec, SEK 1) | 72.6 |
79.2 |
76.8 |
133.6 |
108.8 |
| P/E ratio | 69 |
49 |
27 |
284 |
Neg |
| Number of shares at end of period before dilution, thousands | 11,522 |
11,522 |
11,522 |
11,522 |
10,750 |
| Number of shares at end of period after dilution, thousands | 11,530 |
11,522 |
11,522 |
11,522 |
10,750 |
| Average number of shares during the period before and after dilution, thousands | 11,526 |
11,522 |
11,522 |
11,522 |
10,750 |
1) Share data of 2022 and before are recalculated based on the 80:1 reversed share split.
| KPI | 2023 |
2022 |
2021 |
2020 |
2019 |
| Order intake | 617,732 |
1,456,104 |
368,248 |
788,353 |
561,940 |
| Sales | 623,543 |
494,575 |
506,789 |
454,933 |
406,325 |
| Gross margin % | 40.5% |
45.5% |
40.6% |
35.6% |
35.7% |
| Operating profit (EBITDA)* | 85,307 |
73,344 |
83,502 |
59,438 |
28,567 |
| Operating margin (EBITDA) | 13.7% |
14.8% |
16.5% |
13.1% |
7.0% |
| Operating profit (EBIT) | 39,287 |
30,823 |
45,908 |
10,821 |
-24,392 |
| Operating margin (EBIT) | 6.3% |
6.2% |
9.1% |
2.40% |
Neg |
| Profit for the period | 12,875 |
20,055 |
34,991 |
3,954 |
-15,111 |
| Net margin | 2.1% |
4.1% |
6.9% |
0.90% |
Neg |
| Return on equity | 2.0% |
3.2% |
6.2% |
0.80% |
Neg |
| Equity/Assets ratio | 65.84% |
75.40% |
70.40% |
67.30% |
63.40% |
| Interest-bearing liabilities* | 157,356 |
75,675 |
116,326 |
118,301 |
129,375 |
| Adjusted interest-bearing liabilities* | 135,543 |
53,082 |
93,383 |
89,924 |
95,926 |
| Net interest-bearing debt* | 108,603 |
-24,043 |
43,863 |
9,812 |
77,002 |
| Adjusted Net interest-bearing debt* | 86,790 |
-46,636 |
20,920 |
-18,565 |
43,553 |
| (Net) Working capital | 201,625 |
204,782 |
190,845 |
163,831 |
68,925 |
| Free available cash | 84,209 |
170,540 |
101,826 |
147,729 |
84,927 |
| Cash flow from operations | -18,324 |
125,549 |
9,147 |
15,466 |
-3,740 |
| Number of employees | 302 |
284 |
263 |
252 |
252 |
| Average number of employees (FTE) | 273 |
258 |
240 |
230 |
202 |
| KPI | Definition |
| Gross margin | Gross profit as a percentage of net sales |
| Operating profit (EBIT) | Profit for the period before net financial items and tax |
| Operating margin | Operating profit (EBIT) as a percentage of net sales |
| Operating profit (EBITDA) | Operating profit (EBIT) before depreciation and amortisation |
| Net margin | Profit for the period as a percentage of net sales |
| Return on equity | Profit for the period as a percentage of (average) shareholders' equity |
| Equity/Assets ratio | Total Shareholders' equity as a percentage of total assets |
| Earnings per share | Profit for the period divided by the (average) number of outstanding shares |
| Interest-bearing liabilities | All interest-bearing debts (the sum of on balance lease liabilities, bank loans & credit facilities and shareholder loans) |
| Adjusted interest-bearing liabilities | Interest-bearing liabilities adjusted for on balance lease liabilities |
| Net interest-bearing debt | Interest-bearing liabilities less cash and bank balances |
| Adjusted Net interest-bearing debt | Interest-bearing liabilities adjusted for on balance lease liabilities less cash and bank balances |
| (Net) Working capital | The balance of current assets (inventory & work in progress, trade receivables, other current assets and cash) less current liabilities (trade payables and other current interest-free liabilities) |
| Free available cash | Cash banks and balances plus remainder of the credit facilities available to the group, but excluding long-term loan facility not taken up. |
| Cash flow from operations | Cash flow from operations is the amount of cash generated by the normal business operations based on the indirect method. |
| Order intake | The sum of purchase orders received in the period |
| Purchase order | Received order to deliver goods or services |
| Procurement award | Contract with estimated sales volume against fixed conditions over a period of time without purchase order obligations |
| Number of employees | The number of employees (fixed and variable) at the end of the period |
| Average number of employees (FTE) | The number of average full time equivalent employees during a period |