Financial information

Five-year overview, consolidated income statement, SEK million

  2016 2015 2014 2013 2012
Net sales 14,792  14,206 12,000 11,080 11,400
Production costs -12,562  -12,081 -10,173 -9,420 -9,740
Gross profit/loss 2,230  2,124 1,827 1,660 1,660
Administrative and selling expenses -1,286  -1,342 -1,123 -1,061 -1,057
Other operating expenses - - - -33
Operating profit/loss 944  782 705 600 570
Adjustments of costs of a specific nature 10  96 54 49 55
Operating profit/loss after costs of a specific nature 954  878 759 649 624
Net financial items -67  -360 -265 -378 -31
Profit/Loss after financial items (EBT) 877  422 440 221 539
Tax -203  -135 -120 -47 -145
Profit/loss for the period 674  287 320 174 394
BALANCE SHEET, SEK MILLION          
Goodwill 7,599  7,211 6,940 6,733 6,745
Other non-current assets 144  218 386 354 291
Current assets 3,933  3,394 2,911 2,785 2,939
Cash and cash equivalents 286  573 828 838 97
Total assets 11,962  11,396 11,064 10,710 10,072
Equity 4,079  3,555 3,306 3,701 3,378
Loans 2,700  2,700 3,441 3,312 2,854
Other non-current liabilities 245  177 420 182 246
Current liabilities 4,938  4,964 3,897 3,514 3,594
Total equity and liabilities 11,962  11,396 11,064 10,710 10,072
CASH FLOW, SEK MILLION          
Cash flow from operating activities 428  841 659 457 424
Cash flow from investing activities -280  -262 -136 -54 -37
Cash flow from financing activities -504  -767 -545 344 -404
Cash flow for the period -356  -189 -22 746 -21
KEY FIGURES, MSEK          
Operating margin, % 6.4  5.5 5.9 5.4 5.0
Adjusted EBITA margin, % 6.5  6.2 6.3 5.9 5.5
Profit margin, % 5.9  3.0 3.7 2.0 4.7
Return on equity, % 17.5  8.4 9.1 4.9 14.3
Net debt 2,417  2,433 2,595 2,468 -
Capital structure (net borrowings/adj. EBITDA) 2,5  2.7 3.3 3.7 -
Cash conversion, % 60  125.0 128.0 146.0 100.0
Interest coverage ratio, x 15.5  2.5 2.2 1.7 15.4
Equity/assets ratio, % 34.1  31.2 29.9 34.6 33.5
Order intake 15,990  14,249 12,149 12,346 11,564
Order backlog 8,644  7,092 6,580 6,075 4,809
Average no. of employees 9,730  9,359 8,188 7,967 8,139
Sales per employee 1,520  1,518 1,466 1,391 1,401
Administration costs as % of sales 8.7  9.4 9.4 9.6 9.3
Working capital as % of sales -5.8  -7.9 -7.1 -5.5 -4.2
Earnings per share for the period, SEK, after reverse split 3.34  1.43 1.59 0.86 -