Five-year overview

Income statement summary, SEK millions 2019 2018 2017 2016 2015
Operating income 2,561.6 2,367.0 2,470.1 2,341.4 1,875.5
Personnel expenses 1,566.7 1,460.8 1,448.9 -1,453.7 -1,280.1
Other external expenses 745.4 -823.4 -950.3 -816.4 -493.0
Depreciations and impairments -147.3 -47.5 -46.1 -44.2 -32.2
Participations in associated company earnings 1.2 0.8 0.3 0.4 0.8
Operating profit/loss 103,5 36.1 25.1 27.5 71.0
Net financial income/expense -7.3 -6.0 -3.6 -5.3 0.8
Profit after net financial income/expense 96.2 30.1 21.5 22.2 71.8
Tax -18.6 -13.9 -9.8 -8.2 -20.6
Profit for the year 77.6 16.2 11.7 14.0 51.2
           
Balance sheet summary, SEK millions 2019 2018 2017 2016 2015
Intangible assets 836.8 606.3 565.5 554.4 495.2
Tangible assets 20.3 24.8 32.1 37.5 36.2
Rights of use 272.0 - - - -
Financial assets 24.2 13.7 11.6 8.2 8.7
Deferred tax asset 44.1 36.5 40.1 39.4 40.0
Current receivables 764.2 679.2 747.6 656.0 569.0
Cash and cash equivalents 142 38.2 20.3 64.9 108.8
Total assets 2,103.6 1,398.7 1,417.2 1,360.4 1,257.9
           
Equity 930.2 707.3 746.4 552.2 524.8
Non-current liabilities 450.4 238.1 82.8 226.6 257.9
Current liabilities 723.0 453.3 588.0 581.6 475.2
Total liabilities and equity 2,103.6 1,398.7 1,417.2 1,360.4 1,257.9
           
Cash flow sheet summary, SEK millions 2019 2018 2017 2016 2015
Cash flow from operating activities 245.9 123.1 -41.4 41.2 42.5
Cash flow from investing activities -317.6 -67.9 -66.7 -71.5 -240.2
Cash flow from financing activities 176.9 -38.1 63.2 -19.9 221.9
Cash flow for the year 105.2 17.1 -44.9 -50.2 24.2
           
Alternative performance measures 2019 2018 2017 2016 2015
EBITA, SEK million 138.0 44.1 37.5 39.8 80.3
EBITA margin, % 5.4 1.9 1.0 1.2 3.8
Operating income per full-time employee, SEK thousand 52 19 13 14 40
Equity/assets ratio, % 44.2 50.6 52.0 40.6 41.7
Equity per share at the end of the period 47.25 39.10 40.77 41.50 39.97
Net indebtedness 405.5 119.8 167.2 244.2 196.9
Net debt / EBITDA, multiple 1.5 1.4 2.3 3.4 1.9
Return on equity, % 11.7 4.2 3.4 4.2 15.0
Return on capital employed, % 9.4 4.5 3.2 4.1 11.1
Debt/equity ratio, times 0.6 0.2 0.3 0.6 0.6
Organic growth, % 8.1 -3.8 4 10 13
Organic growth excluding exchange rate effects, % 8.2 -4 4 6 17
Earnings per share before dilution, SEK/share 4.19 0.85 0.71 1.03 4.1
Earnings per share after dilution, SEK/share 4.16 - - - -
Average number of shares 18,487,909 18,087,909 16,417,744 12,921,721 12,346,379
Number of shares at the end of the period 19,687,909 18,087,909 18,087,909 12,921,721 12,921,721
Utilisation, % 76.8 77.1 75.2 73.0 75.0
Sales per full-time employee, SEK tousand 1,278 1,270 1,286 1,208 1,046
Number of working days 249 248 249 251 249
Number of full-time employees 2,001 1,863 1,921 1,939 1,793
Number of employees at end of period 2,393 1,953 1,994 2,027 2,082
Dividend per share (2019, proposed dividend), SEK/share 2.25 1.00 0.50 0.00 2.00