Income Statements
SEK thousands | 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 |
Net sales | 150,310 | 100,586 | 157,279 | 125,444 | 141,009 | 104,091 | 165,976 | 138,746 | 130,786 | 105,759 | 160,228 | 99,275 | 142,783 | 96,969 | 163,723 | 135,278 | 131,081 | 99,199 | 191,430 | 152,618 | 158,065 | 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 | 196,407 | 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 |
Other operating revenue | 1,011 | 1,351 | 2,871 | -2,343 | -471 | 1,387 | 785 | -91 | 628 | 2,013 | -437 | 994 | 226 | 387 | 2,782 | 2,348 | 2,978 | 3,954 | 2,988 | 250 | -1,154 | 2,690 | 2,429 | 2,989 | -987 | 5,738 | 1,155 | 1,867 | 4,378 | 2,080 | 727 | 21 | 4,617 | 5,269 | 6,216 | 6,100 | 10,329 | 5,916 | 7,204 | 5,346 | 10,817 | 3,950 | 3,799 | 9,326 | 9,949 | 5,419 | 6,398 | 4,069 | 3,329 | 4,239 | 5,862 | 6,101 |
Operating revenue | 151,321 | 101,937 | 160,150 | 123,101 | 140,538 | 105,478 | 166,761 | 138,655 | 131,414 | 107,772 | 159,791 | 100,269 | 143,009 | 97,356 | 166,505 | 137,626 | 134,059 | 103,153 | 194,418 | 152,868 | 156,911 | 124,855 | 182,406 | 174,399 | 184,670 | 140,582 | 206,867 | 172,136 | 173,582 | 142,421 | 203,859 | 196,919 | 192,772 | 146,974 | 236,801 | 202,507 | 182,302 | 153,883 | 232,113 | 165,710 | 195,468 | 166,785 | 243,940 | 189,902 | 236,569 | 166,963 | 254,988 | 202,489 | 250,222 | 169,870 | 267,967 | 203,733 |
Goods for resale | -75,011 | -45,317 | -78,898 | -59,647 | -72,584 | -50,638 | -81,435 | -66,743 | -65,268 | -50,659 | -77,230 | -47,417 | -67,440 | -46,013 | -77,964 | -62,142 | -60,769 | -46,603 | -92,153 | -73,601 | -78,972 | -56,818 | -89,235 | -89,111 | -94,838 | -64,604 | -89,847 | -70,921 | -72,656 | -56,326 | -85,944 | -87,628 | -81,349 | -63,225 | -109,437 | -96,725 | -78,867 | -75,289 | -111,484 | -69,588 | -86,273 | -71,194 | -109,579 | -84,617 | -113,234 | -73,575 | -128,793 | -95,058 | -117,960 | -73,576 | -124,246 | -85,350 |
Other external expenses | -24,812 | -22,767 | -25,842 | -26,166 | -30,867 | -25,942 | -26,062 | -31,069 | -29,721 | -26,564 | -34,168 | -33,928 | -30,444 | -23,651 | -31,816 | -36,821 | -31,441 | -30,262 | -39,426 | -35,006 | -35,388 | -35,379 | -40,292 | -37,127 | -45,948 | -35,201 | -45,423 | -47,395 | -47,856 | -42,307 | -45,783 | -56,215 | -40,471 | -29,607 | -41,311 | -40,379 | -42,207 | -42,800 | -38,485 | -35,093 | -38,953 | -31,792 | -37,321 | -50,244 | -40,824 | -37,204 | -50,396 | -52,987 | -55,020 | -41,218 | -57,377 | -52,692 |
Staff costs | -17,441 | -18,847 | -17,239 | -20,495 | -20,199 | -22,093 | -18,601 | -23,010 | -23,530 | -24,916 | -22,657 | -29,316 | -23,609 | -25,026 | -22,166 | -31,816 | -26,147 | -25,016 | -28,554 | -26,296 | -25,618 | -29,411 | -23,558 | -26,604 | -33,380 | -37,016 | -32,704 | -35,663 | -35,092 | -36,705 | -31,396 | -33,568 | -39,032 | -38,063 | -35,181 | -38,191 | -35,307 | -25,979 | -32,750 | -35,492 | -31,792 | -30,057 | -32,636 | -31,016 | -34,958 | -37,878 | -33,203 | -35,408 | -33,959 | -33,952 | -33,393 | -33,726 |
Depreciation/amortization of tangible/intangible non-current assets | -5,233 | -4,597 | -4,963 | -2,372 | -1,793 | -1,600 | -1,585 | -1,460 | -1,611 | -1,702 | -1,849 | -1,666 | -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 |
Other operating expenses | -426 | -2,219 | -232 | -277 | -464 | -357 | -3,856 | -1,288 | -2,059 | -3,070 | -277 | -478 | -541 | -223 | 131 | -129 | -1,014 | -1,228 | 106 | -1,905 | -1,417 | -1,203 | 1,133 | 1,425 | -1,499 | -1,829 | -4,339 | 1,625 | -812 | -1,764 | -1,574 | -1,273 | -573 | -4,845 | -5,356 | -6,718 | -6,696 | -11,232 | -7,296 | -10,903 | -7,480 | -5,763 | -2,596 | -5,191 | -9,478 | -4,238 | -3,468 | -2,657 | -3,275 | -4,842 | -3,952 | -3,689 |
Operating profit | 28,398 | 8,190 | 32,976 | 14,143 | 14,631 | 4,848 | 35,222 | 15,085 | 9,225 | 860 | 23,610 | -12,534 | 19,048 | 522 | 32,821 | 3,559 | 12,828 | -1,662 | 32,872 | 14,554 | 13,891 | 305 | 28,636 | 21,364 | 6,741 | -290 | 32,012 | 16,905 | 15,085 | 2,888 | 36,999 | 16,033 | 18,545 | -1,678 | 33,065 | 1,432 | 7,246 | -13,410 | 33,403 | 6,455 | 22,434 | 19,277 | 52,357 | 10,020 | 29,309 | 5,233 | 30,598 | 7,770 | 31,385 | 8,100 | 40,891 | 20,172 |
Net financial items | -365 | 713 | -312 | 883 | -1,901 | -1,018 | -1,854 | 3,864 | -2,138 | 3,607 | -915 | 3,135 | 939 | 3,417 | 1,013 | 2,053 | 4,954 | 77 | -3,362 | -2,699 | -4,312 | -321 | -143 | 4,048 | 24 | -1,789 | -984 | -1,222 | 4,014 | 328 | -1,365 | 48 | 1,401 | -1,150 | 1,075 | -3,998 | 5,972 | -9,436 | -452 | -12,199 | 3,454 | -1,262 | -1,420 | 2,010 | -143 | -889 | -52 | -1,381 | -720 | -2,699 | -341 | 901 |
Profit before tax | 28,033 | 8,903 | 32,664 | 15,026 | 12,730 | 3,830 | 33,368 | 18,948 | 7,086 | 4,467 | 22,695 | -9,399 | 19,987 | 3,939 | 33,834 | 5,612 | 17,781 | -1,585 | 29,510 | 11,855 | 9,579 | -16 | 28,493 | 25,413 | 6,766 | -2,078 | 31,028 | 15,683 | 19,099 | 3,216 | 35,634 | 16,081 | 19,946 | -2,828 | 34,140 | -2,566 | 13,218 | -22,846 | 32,951 | -5,744 | 25,888 | 18,015 | 50,937 | 12,030 | 29,166 | 4,344 | 30,546 | 6,389 | 30,665 | 5,401 | 40,551 | 21,073 |
Tax | -7,373 | -2,445 | -8,592 | 33,934 | -3,409 | -2,846 | -8,313 | -7,064 | -1,079 | -1,052 | -7,167 | -1,645 | -4,356 | -1,723 | -9,791 | 292 | -2,916 | -689 | -7,797 | -4,515 | -3,044 | -2,186 | -3,813 | -7,528 | -1,745 | -1,263 | -6,381 | -4,636 | -4,240 | -1,742 | -6,680 | -1,480 | -3,067 | 567 | -7,134 | -111 | -2,585 | 4,026 | -7,190 | 7,002 | -4,575 | -4,473 | -10,836 | -955 | -6,035 | -4,082 | -8,355 | -1,099 | -5,880 | -1,212 | -8,507 | -6,122 |
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 | 23,131 | 262 | 22,190 | 5,290 | 24,785 | 4,189 | 32,043 | 14,951 |
Profit attributable to minority interests | -1,705 | -1,956 | -2,248 | 589 | -1,815 | -1,645 | -2,754 | 478 | -1,446 | -2,311 | -2,995 | -955 | -12 | -1,561 | -1,147 | 4,473 | -587 | -1,241 | -443 | -1,148 | -578 | -38 | 872 | -477 | 514 | -548 | 106 | 201 | -189 | -31 | -11 | -11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit attributable to Parent Company's shareholders | 22,365 | 8,413 | 26,320 | 48,371 | 11,136 | 2,629 | 27,809 | 11,406 | 7,453 | 5,726 | 18,523 | -10,088 | 15,643 | 3,777 | 25,190 | 1,433 | 15,452 | -1,033 | 22,156 | 8,488 | 7,113 | -2,164 | 23,807 | 18,361 | 4,507 | -2,794 | 24,541 | 10,846 | 15,048 | 1,505 | 28,954 | 14,612 | 16,879 | -2,261 | 27,006 | -2,677 | 10,633 | -18,820 | 25,760 | 1,258 | 21,313 | 13,542 | 40,101 | 11,075 | 23,131 | 262 | 22,190 | 5,290 | 24,785 | 4,189 | 32,045 | 14,951 |
Earning 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 |
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 |
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 |
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 |
Effect of dillution | 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 |
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 |
Analysis in Swedish from Erik Penser Bank: