Financial data

Key Ratios

• Summary
• Income Statements
• Balance Sheets
• Cash Flow
• Key Ratios
• Segments revised
• Business Segments

Quarterly

• Yearly
• Quarterly

	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	Q4 2012	Q1 2013	Q2 2013	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	Q4 2014	Q1 2015	Q2 2015	Q3 2015	Q4 2015	Q1 2016	Q2 2016	Q3 2016	Q4 2016	Q1 2017	Q2 2017	Q3 2017	Q4 2017	Q1 2018	Q2 2018	Q3 2018	Q4 2018	Q1 2019	Q2 2019	Q3 2019	Q4 2019	Q1 2020	Q2 2020	Q3 2020	Q4 2020	Q1 2021	Q2 2021	Q3 2021	Q4 2021	Q1 2022	Q2 2022	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024
Earnings measurement
Total net sales																						122,165	179,977	171,410	185,657	134,844	205,712	170,269	169,204	140,341	203,132	196,898	188,155	141,705	230,585	196,408	171,973	147,966	224,909	160,364	184,651	162,836	240,141	180,576	226,620	161,544	248,590	198,420	246,893	165,631	262,105	197,632	246,893
Currency effects, net sales																						-1,660	-760	3,271	1,589	3,860	-675	-739	3,198	3,926	10,069	6,953	6,865	4,502	4,136	5,629	3,393	807	-5,480	-6,588	-7,845	-7,365	-2,321	-444	4,946	5,621	9,475	11,334	8,509	7,080	11,494	4,504	8,509
Net sales excl. currency effects																						123,825	180,737	168,139	184,068	130,928	206,387	171,008	166,006	136,415	193,063	189,945	185,907	137,203	226,450	190,778	168,579	153,076	230,389	166,952	192,496	170,201	242,462	181,020	221,674	155,923	239,115	187,085	238,384	158,551	250,611	193,128	238,384
Total store sales																						13,387	23,080	24,543	28,220	32,021	40,080	40,264	26,398	31,899	35,888	37,791	23,759	30,276	38,022	41,478	20,895	22,264	49,839	30,063	11,704	12,547	40,203	27,764	16,654	23,816	29,243	29,465	19,817	23,796	29,643	27,723	18,653
Non comparable store sales																						1,943	4,392	4,465	15,513	19,310	21,711	19,782	2,136	2,240	1,160	654	122	0	3,597	5,864	2,335	4,455	17,007	8,119	1,501	-7,851	9,841	1,867	1,277	933	4,343	1,762	149	-518	2,422	53	147
Comparable store sales																						11,443	18,688	20,078	12,706	12,711	18,369	20,481	24,262	29,659	31,653	37,228	23,637	30,276	34,425	48,193	18,560	17,809	32,832	21,943	10,203	20,398	30,362	25,897	15,377	22,882	24,900	27,703	19,668	24,314	27,221	27,670	18,506
Comparable store growth, %																						-9.7%	-1.8%	10.0%	-12.7%	-0.1%	-9.2%	-12.8%	-10.5%	0.3%	-5.7%	-0.8%	-1.4%	0.4%	3.3%	1.1%	-17.0%	-38.2%	-5.2%	-37.7%	-40.0%	22.1%	1.8%	18.9%	59.2%	10.8%	-10.7%	24.4%	40.7%	21.4%	16.1%	-0.1%	1.0%
Net profit for the period	20,660	6,458	24,072	48,960	9,321	984	25,055	11,884	6,007	3,415	15,527	-11,043	15,631	2,216	24,043	5,906	14,865	-2,274	21,713	7,340	6,535	-2,202	24,680	17,884	5,020	-3,342	24,647	11,047	14,859	1,474	28,954	14,601	16,879	-2,261	27,006	-2,677	10,633	-18,820	25,761	1,258	21,313	13,542	40,101	11,075	23,132	262	22,190	5,290	24,785	4,189	32,043	14,951	21,212
Margin measurements
Gross profit margin, %	50.0%	54.9%	49.8%	52.5%	48.5%	51.4%	50.9%	51.9%	50.1%	52.1%	51.8%	52.1%	52.8%	52.5%	52.4%	54.1%	53.6%	53.0%	51.9%	51.8%	50.0%	53.5%	50.4%	48.0%	48.9%	52.1%	56.3%	58.3%	57.1%	59.9%	57.6%	55.5%	56.8%	55.4%	52.5%	50.8%	54.1%	49.1%	50.4%	56.6%	53.3%	56.3%	54.4%	53.1%	50.0%	54.5%	48.2%	52.1%	52.2%	55.6%	52.6%	56.8%	53.3%
Gross profit margin excl. currency effects, %																						53.4%	50.4%	49.9%	50.1%	53.5%	54.7%	55.4%	53.3%	58.1%	58.9%	57.6%	60.0%	57.9%	54.3%	52.8%	55.3%	52.0%	49.7%	53.1%	49.8%	52.2%	54.0%	54.2%	52.7%	59.6%	54.5%	56.6%	54.4%	56.7%	52.5%	56.2%	53.1%
Operating margin, %	18.9%	8.1%	21.0%	11.3%	10.4%	4.7%	21.2%	10.9%	7.1%	0.8%	14.7%	neg	13.3%	0.5%	20.0%	2.6%	9.8%	neg	17.2%	9.5%	8.8%	0.2%	15.9%	12.5%	3.6%	-0.2%	15.6%	9.9%	8.9%	2.1%	18.2%	8.1%	9.9%	-1.2%	14.3%	0.7%	4.2%	-9.1%	14.9%	4.0%	12.1%	11.8%	21.8%	5.5%	12.9%	3.2%	12.3%	3.9%	12.7%	4.9%	15.6%	10.2%	13.0%
Profit margin, %	18.7%	8.9%	20.8%	12.0%	9.0%	3.7%	20.1%	13.7%	5.4%	4.2%	14.2%	neg	14.0%	4.1%	20.7%	4.1%	13.6%	neg	15.4%	7.8%	6.1%	0.0%	15.8%	14.8%	3.6%	-1.5%	15.1%	9.2%	11.3%	2.3%	17.5%	8.2%	9.6%	-2.0%	14.8%	-1.3%	7.7%	-15.4%	14.7%	-3.6%	14.0%	11.1%	21.2%	6.7%	12.9%	2.7%	12.3%	3.2%	12.4%	3.3%	15.5%	10.7%	10.5%
Capital structure
Equity / assets ratio, %	72.0%	68.3%	70.2%	72.1%	72.8%	46.9%	48.3%	49.6%	50.0%	44.8%	46.3%	45.5%	48.4%	44.3%	49.4%	46.7%	49.7%	46.2%	48.8%	50.3%	53.6%	48.5%	50.9%	53.7%	53.1%	45.7%	47.3%	51.3%	55.7%	45.3%	47.9%	47.7%	41.1%	35.2%	38.1%	46.9%	46.8%	39.4%	47.8%	51.8%	54.3%	50.1%	53.1%	53.4%	60.9%	53.3%	52.3%	54.0%	61.9%	53.5%	55.4%	59.6%	58.2%
Equity per share, SEK	17.83	12.88	13.83	15.78	16.17	12.19	13.22	13.69	13.95	11.02	11.65	11.16	11.77	10.27	11.52	11.36	11.79	10.29	11.21	11.56	11.93	9.81	10.84	11.5	11.73	9.70	10.60	11.03	11.58	9.59	10.69	11.20	11.86	9.68	10.7	10.53	10.95	10.33	11.37	11.57	12.25	11.28	12.92	13.29	14.22	11.79	12.64	12.92	13.97	12.39	13.53	13.95	14.98
Investments in intangible assets	3,793	2,932	3,378	2,007	89	965	1,155	470	247	119	328	839	106	28	4	1,294	136	0	0	165	61	9	-4	0	368	1,658	2,070	30	1,155	1,275	2,823	2,011	1,940	630	435	840	337	1,685	154	1,298	2,306	570	1,259	693	265	0	0	0	0	679	465	948	537
Investments in tangible assets	3,257	2,430	2,288	5,350	892	647	583	1,721	1,257	1,438	1,380	4,013	474	179	136	561	192	427	792	3,335	590	861	2,230	128	625	2,196	3,012	2,830	1,915	474	3,435	662	940	1,489	1,936	4,367	906	781	350	3,453	1,255	2,386	631	1,408	1,780	2,483	1,560	2,235	2,690	1,983	2,404	1,973	3,957
	0	0	0	0	0	0	0	0	6,585	0	0	0	0	0	0	1,410	0	0
Depreciation for the period	-5,232	-4,572	-4,938	-2,424	-1,776	-1,583	-1,567	-1,512	-1,557	-1,596	-1,945	-1,819	-1,927	-1,921	-1,870	-3,159	-1,861	-1,706	-1,519	-1,506	-1,625	-1,738	-1,817	-1,617	-2,264	-2,222	-2,542	-2,877	-2,081	-2,431	-2,163	-2,202	-12,801	-12,912	-12,451	-19,063	-11,979	-11,993	-8,695	-8,179	-8,536	-8,703	-9,451	-8,814	-8,766	-8,835	-8,531	-8,609	-8,623	-8,182	-8,106	-8,104	-8,150
Returns
Return on capital employed, %	21.0%	29.5%	23.3%	19.5%	15.6%	15.6%	15.5%	15.9%	12.6%	14.8%	12.5%	7.0%	8.1%	10.5%	11.8%	14.8%	13.5%	14.8%	13.5%	14.8%	12.0%	14.8%	13.8%	14.3%	16.0%	16.0%	15.9%	14.0%	16.0%	17.9%	17.9%	18.4%	16.6%	16.7%	15.7%	12.0%	8.7%	5.7%	5.3%	4.8%	8.8%	17.8%	21.2%	24.4%	23.9%	24.8%	17.4%	17.1%	16.7%	21.1%	18.7%	25.2%	21.7%
Return on average equity, %	18.2%	24.5%	19.8%	25.6%	22.0%	28.1%	26.4%	14.3%	13.0%	17.6%	13.8%	6.9%	4.0%	11.4%	12.1%	17.2%	16.4%	17.0%	14.4%	15.6%	12.3%	14.1%	13.4%	16.3%	15.0%	16.2%	15.8%	13.1%	16.2%	21.4%	21.1%	21.5%	21.0%	24.0%	20.9%	14.3%	11.4%	6.4%	5.4%	6.8%	10.1%	22.8%	25.0%	27.5%	26.4%	25.7%	17.6%	15.4%	14.8%	18.6%	20.2%	22.5%	19.9%
Per share data
Earnings per share, SEK	0.89	0.33	1.05	1.92	0.44	0.10	1.11	0.45	0.30	0.23	0.74	-0.40	0.62	0.15	1.00	0.18	0.61	-0.04	0.88	0.34	0.28	-0.09	0.95	0.74	0.18	-0.11	0.98	0.43	0.60	0.06	1.15	0.58	0.67	-0.09	1.07	-0.11	0.42	-0.75	1.02	0.05	0.85	0.54	1.59	0.44	0.92	0.01	0.88	0.21	0.99	0.17	1.27	0.59	0.84
Earnings per share after full dilution, SEK	0.88	0.33	1.05	1.92	0.44	0.10	1.11	0.45	0.30	0.23	0.74	-0.40	0.62	0.15	1.00	0.18	0.61	-0.04	0.84	0.29	0.28	-0.08	0.95	0.74	0.18	-0.11	0.98	0.43	0.60	0.06	1.15	0.58	0.67	-0.09	1.07	-0.11	0.42	-0.75	1.02	0.05	0.85	0.54	1.59	0.44	0.92	0.01	0.88	0.21	0.99	0.17	1.27	0.59	0.84
Number of shares	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384
Weighted average number of shares	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384
Effect dilution	330,473	176,751	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	456,000	456,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Weighted average number of shares after full dilution	25,478,857	25,325,135	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,604,384	25,604,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384	25,148,384
Other
Average number of employees	100	105	119	131	124		141	160																				212	213	211	211	212	211	211	212	213	208	205	198	192	185	179	169	162	158	157	154	147	147	150	152	151	147

Analysis in Swedish from Erik Penser Bank:

https://epaccess.penser.se/bolag/bjorn-borg/analys/