The Group in summary

Income statement summary, SEK million 2022 2021 2020 2019 2018
Net sales 8843.6 6 718.6 6 098.8 6 903.5 6 290.6
Other operating income 123.9 111.5 146.2 77.9 74.8
Operating costs -7213.2 -5 596.9 -5 469.6 -6 213.4 -5 804.7
Result before amortizations, depreciations and write-downs 1754.3 1 233.2 775.4 768.1 560.7
Amortizations, depreciations and write-downs -249.2 -227.3 -229.5 -233.1 -77.9
Operating result 1505.1 1 005.9 545.9 535.0 482.8
Net financial items -55.0 -43.0 -64.9 -68.2 -40.9
Result before tax 1450.1 962.9 481.0 466.7 441.8
Tax expense -281.3 -202.9 -118.0 -96.7 -81.8
Result for the year 1168.8 760.0 363.0 370.1 360.0
Balance sheets in brief 2022 2021 2020 2019 2018
Trademarks 588.9 531.4 494.3 543.4 516.7
Other fixed assets 2681.0 2 345.6 2 336.4 2 560.5 1 703.9
Inventory 5297.7 2 937.6 2 883.0 3 557.9 3 230.9
Accounts receivable 1664.1 1 359.6 1 059.3 1 192.8 1 084.1
Other current assets 292.5 158.5 118.5 188.4 213.6
Liquid assets 419.4 327.9 325.1 351.3 312.2
Total assets 10943.6 7 660.6 7 216.7 8 394.3 7 061.4
- - - - - -
Equity attributable to shareholders 5889.4 4 566.7 3 845,00 3 754.4 3415.0
Equity attributable to non-controlling interest 1.1 0.9 10.5 16.3 19.2
Provisions 190.4 164.9 165.7 165.0 166.0
Interest-bearing liabilities 2749.0 1 396.7 2 142.7 3 316.1 2 143.2
Non-interest-bearing liabilities 2113.7 1 531.5 1 052.7 1 142.5 1 317.9
Total equity and liabilities 10943.6 7 660.6 7 216.7 8 394.3 7 061.4
Cash flows 2022 2021 2020 2019 2018
Cash flow before changes in working capital and investments 1383.2 993.0 631.8 605.0 429.7
Changes in working capital -1743.2 214.4 574.8 -505.6 -207.1
Cash flow before investments -360.0 1 207.4 1 206.6 99.5 222.6
Net investments -522.2 -114.2 -57.5 -148.7 -163.2
Cash flow after investments -882.2 1 093.2 1 149.1 -49.3 59.4
Financial payments 934.1 -1 110.9 -1 155.6 80.4 39.3
Cash flow for the year 51.9 -17.7 -6.4 31.2 98.7
Financial highlights 2022 2021 2020 2019 2018
Net sales, SEK million 8843.6 6 718.6 6 098.8 6 903.5 6 290.6
Operating result, SEK million 1505.1 1 005.9 545.9 535.0 482.8
Result for the year, SEK million 1168.8 760.0 363.0 370.1 360
Cash flow from operating activities, SEK million -360.0 1 207.4 1 206.6 99.5 222.6
Balance sheet total, SEK million 10943.6 7 660.6 7 216.7 8 394.3 7 061.4
- - - - - -
Net sales growth, % 31.6 10.2 -11.7 9.7 12.4
Gross profit margin, % 49.5 48.1 43.2 46.4 46.6
Operating margin, % 17.0 15.0 9.0 7.7 7.7
Equity ratio, % 53.8 59.6 53.4 44.9 48.6
Net debt to equity ratio, % 39.5 23.4 47.1 78.6 53.3
Net debt in relation to working capital, % 44.7 35.7 59.5 77.1 57
- - - - - -
Earnings per share, SEK 17.62 11.46 5.51 5.66 5.48
Dividend per share, SEK 4.25 4.00 - 2.00 1.70
- - - - - -
Number of employees 2312 2 060 2 064 2 579 2 566
Per share data 2022 2021 2020 2019 2018
Number of shares before and after dilution 66 343 543 66 343 543 66 343 543 66 343 543 66 343 543
Earnings per share before and after dilution, SEK 17.62 11.46 5.51 5.66 5.48
Equity per share before and after dilution, SEK 88.77 68.83 57.96 56.59 51.47
Share price on 31 December, SEK 206.4 167.80 54.50 59.80 47.40
P/E ratio 31 December 11.72 14.64 9.89 10.56 8.65
Dividend per share, SEK 4.25 4.00 - 2.00 1.70
Dividend yield, % 2.06 2.38 - 3.34 3.59
Operating cash flow per share, SEK -5.4 18.20 18.19 1.50 3.36