Six-year summary | |||||||||
SEK thousands | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Income statement | |||||||||
Net sales | 533,620 | 549,822 | 496,048 | 544,497 | 584,498 | 638,570 | 704,255 | 716,781 | 779,054 |
Operating profit | 83,706 | 69,786 | 21,160 | 55,950 | 58,592 | 64,196 | 55,367 | 71,003 | 51,365 |
Profit after financial items | 84,626 | 68,877 | 24,849 | 63,148 | 57,560 | 63,469 | 51,398 | 74,028 | 48,693 |
Profit for the year | 100,150 | 47,227 | 13,906 | 47,572 | 41,643 | 46,897 | 37,372 | 59,886 | 38,948 |
Balance sheet | |||||||||
Intangible assets | 207,786 | 206,048 | 211,246 | 211,186 | 209,336 | 208,492 | 228,353 | 232,234 | 232,538 |
Tangible non-current assets | 14,741 | 13,952 | 16,519 | 12,334 | 10,076 | 9,277 | 15,392 | 15,390 | 18,127 |
Long-term receivable | 0 | 0 | 13,400 | 9,800 | 8,900 | 10,700 | 0 | 0 | 0 |
Deffered tax assets | 43,194 | 35,283 | 31,126 | 31,713 | 35,315 | 13,452 | 22,530 | 23,228 | 14,958 |
Right-of-use | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 131,458 | |
Inventories, etc. | 34,559 | 35,688 | 39,031 | 40,381 | 75,851 | 67,477 | 109,770 | 139,564 | 128,424 |
Current receivables | 91,978 | 123,244 | 86,425 | 85,973 | 107,395 | 153,913 | 111,534 | 144,112 | 144,706 |
Short-term investments | 0 | 163,979 | 136,519 | 133,147 | 80,909 | 26,167 | 500 | 0 | 0 |
Cash & cash equivalents | 158,042 | 116,195 | 82,304 | 85,080 | 50,643 | 48,948 | 52,620 | 36,388 | 29,002 |
Total assets | 550,300 | 694,389 | 616,570 | 609,613 | 578,425 | 538,426 | 540,699 | 590,916 | 699,213 |
Equity | 396,962 | 344,216 | 280,650 | 285,708 | 290,675 | 289,103 | 277,398 | 281,705 | 264,884 |
Non-current liabilities | 28,754 | 223,268 | 217,042 | 201,030 | 174,832 | 17,273 | 22,925 | 3,824 | 0 |
Deferred tax liabilities | 47,539 | 44,544 | 39,694 | 38,350 | 41,969 | 35,418 | 42,949 | 42,892 | 40,370 |
Long-term liability | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96,137 | |
Short-term liability | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37,123 | |
Other current liabilities | 77,044 | 82,361 | 79,184 | 84,524 | 70,949 | 196,632 | 197,427 | 262,495 | 260,699 |
Total equity and liabilities | 550,300 | 694,389 | 616,570 | 609,612 | 578,425 | 538,426 | 540,699 | 590,916 | 699,213 |
Key figures | |||||||||
Gross profit margin, % | 51.5 | 50.6 | 51.5 | 52.9 | 52.4 | 50.3% | 54.0% | 57.4% | 53.7% |
Operating margin, % | 15.6 | 12.7 | 4.3 | 10.4 | 10.2 | 10.2% | 7.9% | 10.0% | 6.8% |
Profit margin, % | 15.9 | 12.5 | 5.0 | 11.7 | 10.0 | 10.0% | 7.4% | 10.4% | 6.4% |
Return on capital employed, % | 19.5 | 15.9 | 7.0 | 14.8 | 14.8 | 14.3% | 14.0% | 18.4% | 12.0% |
Return on average equity, % | 25.6 | 14.3 | 6.9 | 17.2 | 15.6 | 16.3% | 13.1% | 21.5% | 14.3% |
Profit for the year after tax, parent company | 105,468 | 52,963 | 21,613 | 48,835 | 45,062 | 47,361 | 37,099 | 60,128 | 38,948 |
Equity per share, SEK | 72.14 | 13.69 | 11.16 | 11.4 | 50.3 | 53.7% | 51.3% | 47.7% | 46.9% |
Equity / assets ratio, % | 15.8 | 49.6 | 45.5 | 46.73 | 11.56 | 11.5 | 11.03 | 11.20 | 10.53 |
Investments in tangible non-current assets | 12,110 | 3,843 | 8,088 | 1,428 | 301 | 0 | 4,921 | 7,264 | 8,732 |
Investments in intangible non-current assets | 13,325 | 2,679 | 1,533 | 1,353 | 4,746 | 5,231 | 7,868 | 6,486 | 3,845 |
Investment of financial assets | 0 | 0 | 6,547 | 1,410 | 0 | 0 | 0 | 0 | 0 |
Depreciation / amortization for the period | -17,165 | -6,438 | -6,825 | -8,877 | -6,592 | -6,797 | -9,906 | -8,877 | -57,227 |
Average number of employees | 131 | 139 | 159 | 129 | 132 | 133 | 212 | 213 | 212 |
Data per share | |||||||||
Earnings per share, SEK | 4.19 | 2.11 | 0.86 | 1.94 | 1.79 | 1.88 | 1.48 | 2.39 | 1.55 |
Earnings per share after full dilution, SEK | 4.19 | 2.11 | 0.86 | 1.94 | 1.77 | 1.88 | 1.48 | 2.39 | 1.55 |
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 |
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 |
Effect of dilution | 32,190 | 0 | 0 | - | 456,000 | - | - | - | - |
Weighted average number of shares after full dilution | 25,180,574 | 25,148,384 | 25,148,384 | 25,148,384 | 25,604,384 | 25,148,384 | 25,148,384 | 25,148,384 | 25,148,384 |
Analysis in Swedish from Erik Penser Bank: