Annual review 2020

Earnings for the year

Multi-year overview

Amount in SEK million  2020 2019 2018 2017 2016
Net sales 86,864 88,213 82,354 77,174 72,327
ProfitAX* 2,754 3,400 3,021 3,020 2,848
As % of net sales 3.2 3.9 3.7 3.9 3.9
Profit after net financial items adjusted for items affecting comparability 1,669 2,267 2,194 2,464 2,455
Profit after net financial items 1,669 2,267 2,094 2,405 3,698
Balance sheet total 29,782 29,226 29,661 28,180 25,771
Capital employed 15,339 15,596 16,325 16,210 14,811
Return on capital employed (%) 11 15 14 16 27
Equity attributable to the Parent Company’s shareholders 10,266 10,284 10,839 11,445 11,120
Equity ratio (%) 41 41 44 48 50
Net debt/equity ratio (multiple) 0 0 0 0 0
Cash flow after investments 2,016 20 983 377 3,326
Average number of full-time employees 22,574 22,272 21,506 20,358 19,342

 

*ProfitAX for the listed companies is profit after financial items in accordance with IFRS and for the non-listed companies profit after financial items excluding goodwill amortization, adjustments to additional purchase consideration, items affecting comparability and discontinued operations. ProfitAX is used to enable increased comparison between group companies and other, listed companies outside the group, and comparison between years.