Five-year overview

Income statement summary, SEK millions 2021 2020 2019 2018 2017
Net Sales 2,898.7 2,366.9 2,136.7 2,365.2 2,464.7
Personnel expenses 1,801.1 -1,587.0 -1,413.7 -1,460.8 -1,448.9
Other external expenses -836.4 -586.6 -556.1 -823.4 -950.3
Depreciations and impairments -142.8 -127.1 -92.6 -47.5 -46.1
Participations in associated company earnings 2.5 2.3 1.2 0.8 0.3
Operating profit/loss 129.7 83.8 79.5 36.1 25.1
Net financial income/expense 6.3 -34.0 -4.5 -6.0 -3.6
Profit after net financial income/expense 136.0 49.8 75.0 30.1 21.5
Tax -25.8 -17.3 -15.4 -13.9 -9.8
Profit for the year from remaing operations 1) 110.2 32.5 59.6 16.2 11.7
Profit for the year from divested operations - 252.5 18.0 - -
Total remaning and divested operations 110.2 285.0 77.6 16.2 11.7
           
Balance sheet summary, SEK millions 2021 2020 2019 2018 2) 2017
Intangible assets 1,047.3 912.9 836.8 606.3 565.5
Tangible assets 40.4 34.2 20.3 24.8 32.1
Rights of use 270.7 283.5 272.0 - -
Financial assets 40.6 29.6 24.2 13.7 11.6
Deferred tax asset 20.9 20.9 44.1 36.5 40.1
Current receivables 777.9 621.1 764.2 679.2 747.6
Cash and cash equivalents 151.9 336.6 142.0 38.2 20.3
Total assets 2,349.7 2,238.9 2,103.6 1,398.7 1,417.2
           
Equity 1,215.5 1,156.2 930.2 707.3 746.4
Non-current liabilities 377.2 424.5 450.4 238.1 82.8
Current liabilities 757.0 658.2 723.0 453.3 588.0
Total liabilities and equity 2,349.7 2,238.9 2,103.6 1,398.7 1,417.2
           
Cash flow sheet summary, SEK millions 2021 2020 3) 2019 2018 2017
Cash flow from operating activities 170.0 331.6 245.9 123.1 -41.4
Cash flow from investing activities -132.4 70.7 -317.6 -67.9 -66.7
Cash flow from financing activities -223.5 -206.4 176.9 -38.1 63.2
Cash flow for the year -185.9 195.9 105.2 17.1 -44.9
           
IFRS key performance indicators 2021 2020 1) 2019 1) 2018 2) 2017 2)
Earnings per share before dilution, SEK/share 5.60 1.65 3.50 0.85 0.71
Earnings per share after dilution, SEK/share 5.47 1.61 3.42 - -
Average number of shares 19687909 19687909 18487909 18087909 16417744
Number of shares at the end of the period 19687909 19687909 19687909 18087909 18087909
           
KEY PERFORMANCE INDICATORS          
Growth 2021 2020 1) 2019 1) 2018 2) 2017 2)
Organic growth, % 11.8 -2.2 8.2 -4.2 4.1
Aquired growth, % 11.8 11.2 3.9 1.7 2.1
Currency effect, %, % -1.1 -1.9 0.1 2.2 -0.9
           
Profit 2021 2020 1) 2019 1) 2018 2) 2017 2)
Adjusted EBITA, SEK million 182.5 128.6 - 97.5 55.2
Adjusted EBITA margin, % 6.3 5.4 - 4.1 2.2
EBITA, SEK million 164.3 110.2 113.4 44.1 37.5
EBITA margin, % 5.7 4.7 5.3 1.9 1.0
Operating profit (EBIT), SEK million 129.7 83.8 79.5 36.1 25.1
Operating margin, % 4.5 3.5 3.8 1.5 1.0
           
Key figures per employee 2021 2020 1) 2019 1) 2018 2) 2017 2)
Sales per full-time employee, SEK thousand 1,253 1,121 1,176 1,270 1,286
Operating profit per full-time employee, SEK thousand 56 40 44 19 13
           
Balance sheet 2021 2020 1) 2019 1) 2018 2) 2017 2)
Net indebtedness, SEK million 304.1 213.8 405.5 119.8 167.2
Net debt / EBITDA, multiple 1.09 1.08 1.5 1.4 2.3
Equity/assets ratio, % 51.7 51.6 44.2 50.6 52.0
Equity per share at the end of the period, SEK 61.7 58.7 47.3 39.1 40.8
Return on equity, % 11.5 26.1 11.7 4.2 3.5
Return on capital employed, % 10.3 28.9 9.4 4.5 3.2
           
Other 2021 2020 1) 2019 1) 2018 2) 2017 2)
Dividend per share, SEK/share 6.5 0.0 1.50 1.00 0.50
Number of full-time employees 2,314 2,110 1,820 1,863 1,921
Number of employees at end of period 2,464 2,330 2,218 1,953 1,994
Utilisation, % 79.2 76.0 76.8 77.1 75.2

1) 2020 and 2019, remaining operations after the divestment of Embriq

2) Not according to IFRS 16

3) Incl Embriq to 31st Aug 2020

Justification, definition and calculation of key figures >>