Five year summary



2016

2015

2014

2013

2012

SEK M








Sales and results(1)








Net sales



9 045

8 361

7 189

6 595

6 758

Other operating income etc



39

19

21

14

11

Operating expenses excluding amortisation



−8413

−7743

−6 666

−6 171

−6 291

Amortisation



−78

−69

−62

−61

−63

Operating profit



593

567

481

378

415









Net interest income and expenses



−33

−42

−35

−31

−35

Result from shares in associated companies



24

Profit before taxes



560

525

447

347

405









Taxes



−161

−152

−122

−102

−99

Net profit for the year



399

373

325

244

306









Attributable to:








Parent company's shareholders



389

366

316

234

295

Non-controlling interests



10

7

8

10

11









Capital structure








Cash & bank including unutilised bank overdraft facilities



782

751

504

563

538

Shareholders' equity



2 967

2 634

2 617

2 417

2 400

Capital employed (2)



5 147

4 504

4 309

3 829

3 838

Operating capital (3)



4 780

4 070

3 987

3 567

3 567

Interest-bearing liabilities



2 157

1 831

1 666

1 393

1 417

Total assets



6 855

6 040

5 699

5 108

5 013









Key figures(4)








Equity ratio, % (5)



43.3

43.6

46.0

47.3

47.9

Return on equity after full tax, % (6)



14.2

14.2

12.9

10.1

12.7

Return on capital employed, % (7)



12.3

13.0

11.9

10.0

11.6

Return on operating capital, % (8)



13.4

14.1

12.7

10.6

11.8

Interest coverage ratio (9)



16.6

11.9

12.7

10.1

11.3

Debt ratio (10)



0.6

0.6

0.5

0.5

0.5

Operating margin, % (11)



6.6

6.8

6.7

5.7

6.1









Other information(1)








Average number of employees



2 667

2 506

2 215

2 137

2 141

   of whom outside Sweden



2 566

2 411

2 115

2 028

2 028

Payroll excluding social security contributions



1 006

1 025

791

727

735

   of whom outside Sweden



944

967

733

661

678

Cash flow from investment operations



80

237

81

54

15

































Definitions








(1) Relates to the remaining operation.








(2) Total assets minus non-interest-bearing liabilities including deferred tax.








(3) Capital employed minus liquid funds, financial assets and other interest-bearing assets.








(4) The profit/loss items in the Group's key figures relate to remaining operations for all periods.








(5) Shareholders' equity including holdings with no controlling influence as a percentage of total assets.








(6) Profit after deduction for full tax as a percentage of average equity.








(7) Profit before taxes plus financial costs as a percentage of average capital employed.








(8) Operating profit as a percentage of average operating capital.








(9) Profit before taxes plus financial costs divided by financial costs.








(10) Net debt divided by equity.








(11) Operating profit as a percentage of net sales for the year.