Key figures
Financial Review (2008--2012)
| NET SALES AND RESULT, SEK million |
2012 |
2011 |
2010 |
2009 |
2008 |
| Net sales |
1,931.2 |
1,927.7 |
1,698.4 |
1,385.3 |
1,308.3 |
| Operating result before amortization of intangible assets |
141.3 |
198.9 |
176.5 |
154.2 |
151.6 |
| Income after financial items |
107.1 |
165.4 |
146.2 |
131.8 |
133.9 |
| Profit margin, % |
5.5 |
8.9 |
8.6 |
9.5 |
10.2 |
| Operating margin, % |
7.3 |
10.7 |
10.4 |
11.1 |
11.6 |
| Sales growth, % |
3.4 |
10.0 |
22.6 |
5.9 |
33.2 |
| CAPITAL STRUCTURE, SEK million |
31 Dec, 2012 |
31 Dec, 2011 |
31 Dec, 2010 |
31 Dec, 2009 |
31 Dec, 2008 |
| Intangible assets |
943.3 |
952.3 |
960.9 |
746.0 |
742.7 |
| Other fixed assets |
40.9 |
41.1 |
42.0 |
30.0 |
32.1 |
| Current assets |
629.7 |
579.2 |
511.9 |
408.8 |
398.7 |
| TOTAL ASSETS |
1,613.9 |
1572.6 |
1,514.8 |
1,184.8 |
1,173.5 |
| Equity attributable to Parent Company's shareholders |
849.0 |
808.8 |
713.2 |
558.0 |
447.2 |
| Minority interests |
4.4 |
4.1 |
3.3 |
0.0 |
9.5 |
| Total shareholders' equity |
853.4 |
812.9 |
716.5 |
558.0 |
456.7 |
| Intrerest-bearing long-term liabilities |
79.8 |
125.3 |
192.7 |
154.9 |
205.8 |
| Other long-term liabilities |
57.3 |
82.6 |
75.1 |
55.5 |
78.8 |
| Interest-bearing current liabilities |
167.1 |
104.3 |
111.0 |
61.5 |
64.7 |
| Other current liabilities |
456.3 |
447.5 |
419.5 |
354.9 |
368.1 |
| TOTAL EQUITY AND LIABILITIES |
1,613.9 |
1572.6 |
1,514.8 |
1,184.8 |
1,173.5 |
| Equity/assets ratio, % |
52.9 |
51.7 |
47.3 |
47.1 |
38.9 |
| Investments in goodwill and other fair value adjustments |
13.9 |
18.3 |
271.5 |
0.4 |
350.0 |
| Investments in machinery and equipment |
8.2 |
7.9 |
4.3 |
2.9 |
3.3 |
| Cash flow before investments |
10.0 |
107.5 |
140.6 |
143.7 |
127.1 |
| Net cash and cash equivalents |
145.7 |
-103.0 |
-141.9 |
-85.4 |
-154.8 |
| Capital employed |
1,100.3 |
1,042.5 |
1,020.2 |
774.4 |
726.5 |
| Acid test ratio, x |
1.1 |
1.0 |
1.0 |
1.0 |
0.9 |
| Net debt ratio, x |
0.2 |
0.1 |
0.2 |
0.2 |
0.3 |
| PROFITABILITY |
2012 |
2011 |
2010 |
2009 |
2008 |
| Return on capital, % |
7.6 |
11.4 |
11.5 |
12.0 |
14.9 |
| Return on equity, % |
9.7 |
15.6 |
16.3 |
18.5 |
24.5 |
| Return on capital employed, % |
11.3 |
17.1 |
17.2 |
18.8 |
24.6 |
| STAFF |
2012 |
2011 |
2010 |
2009 |
2008 |
| Average number of employees |
1,646 |
1,539 |
1,376 |
1,123 |
1,041 |
| Net sales per employee |
1.2 |
1.3 |
1.2 |
1.2 |
1.3 |
| Value added per employe |
0.8 |
0.8 |
0.9 |
0.9 |
0.8 |
| Result after financial items per employee |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
| Number of employees at year-end |
1,739 |
1,670 |
1,519 |
1,189 |
1,180 |