| Market Cap | SEK 23.24B | |
| Enterprise Value | — | |
| Revenue | SEK 3.06B | +1.1% |
| Gross Profit | SEK 1.92B | −2.6% |
| EBITDA | SEK 721.5M | −17.9% |
| Net Income | SEK 309.7M | −45.7% |
| Diluted EPS | SEK 6.34 | −48.0% |
| Free Cash Flow | — | — |
| DPS (FY2024) | SEK 4.40 |
| Trailing yield | 0.92% |
| Payout ratio | 71.3% |
| Growth streak | 2 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20242024-12-31 | SEK 4.40 | +10.0% | reported |
| FY20232023-12-31 | SEK 4.00 | +100.0% | reported |
| FY20222022-12-31 | SEK 2.00 | — | reported |
| FY20212021-12-31 | SEK 1.99 | — | derived (paid ÷ diluted shares) |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | Trend · 5y | vs own |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 61.95% | 62.40% | 62.91% | 65.04% | 62.63% | 50% | |
| Operating Margin | 19.62% | 22.60% | 26.04% | 24.91% | 16.44% | 10% | |
| EBITDA Margin | 27.35% | 27.79% | 30.34% | 29.04% | 23.59% | 10% | |
| NOPAT Margin | 15.78% | 18.26% | 21.21% | 19.81% | 13.96% | 10% | |
| Net Margin | 15.24% | 18.00% | 20.26% | 18.87% | 10.12% | 10% | |
| Gross Profitability | 49.77% | 55.83% | 57.75% | 65.34% | 25.55% | 10% | |
| Capex Intensity | 0.42% | 0.76% | 1.34% | 1.26% | 1.29% | 70% | |
| ▸Returns on Capital · 4 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||
| ▸Earnings quality · 3 ratios | |||||||
| ▸Liquidity & coverage · 5 ratios | |||||||
| ▸Leverage · 7 ratios | |||||||
| ▸Working capital · 8 ratios | |||||||
| ▸Capital allocation · 1 ratios | |||||||
| ▸Per share · 1 ratios | |||||||
| ▸Other · 1 ratios | |||||||
The five drivers multiply to 12.6% vs reported ROE 11.4%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | SEK 1.47B | SEK 1.97B | SEK 2.51B | SEK 3.02B | SEK 3.06B |
| YoY % | +34.4% | +27.1% | +20.7% | +1.1% | |
| Cost of Revenue | SEK 558.1M | SEK 741.4M | SEK 929.6M | SEK 1.06B | SEK 1.14B |
| YoY % | +32.9% | +25.4% | +13.8% | +8.1% | |
| Gross Profit | SEK 908.8M | SEK 1.23B | SEK 1.58B | SEK 1.97B | SEK 1.92B |
| YoY % | +35.4% | +28.1% | +24.8% | -2.6% | |
| R&D Expense | SEK 179.8M | SEK 234.8M | SEK 260.6M | SEK 319.4M | SEK 286.7M |
| YoY % | +30.6% | +11.0% | +22.6% | -10.3% | |
| Selling & Marketing Expense | SEK 312.0M | SEK 372.2M | SEK 457.4M | SEK 588.1M | SEK 680.0M |
| YoY % | +19.3% | +22.9% | +28.6% | +15.6% | |
| SG&A Expense | SEK 122.9M | SEK 174.2M | SEK 212.5M | SEK 282.2M | SEK 291.7M |
| YoY % | +41.8% | +22.0% | +32.8% | +3.4% | |
| Operating Income | SEK 287.7M | SEK 445.6M | SEK 652.5M | SEK 753.3M | SEK 502.9M |
| YoY % | +54.9% | +46.4% | +15.4% | -33.2% | |
| Interest Expense | SEK 15.6M | SEK 8.3M | SEK 35.7M | SEK 47.4M | SEK 153.7M |
| YoY % | -47.0% | +331.2% | +32.7% | +224.5% | |
| Interest & Investment Income | SEK 1.8M | SEK 11.3M | SEK 7.6M | SEK 11.9M | SEK 15.2M |
| YoY % | +523.7% | -32.5% | +57.3% | +27.2% | |
| Equity Method Income | — | — | -SEK 1.0M | -SEK 582,000 | SEK 73,000 |
| Pretax Income | SEK 273.9M | SEK 448.4M | SEK 623.4M | SEK 717.3M | SEK 364.5M |
| YoY % | +63.7% | +39.0% | +15.1% | -49.2% | |
| Income Tax | SEK 53.5M | SEK 86.0M | SEK 115.7M | SEK 146.7M | SEK 54.9M |
| YoY % | +60.8% | +34.4% | +26.8% | -62.6% | |
| Net Income (incl. NCI) | SEK 220.4M | SEK 362.4M | SEK 507.8M | SEK 570.6M | SEK 309.6M |
| YoY % | +64.4% | +40.1% | +12.4% | -45.7% | |
| Minority Interest (P&L) | -SEK 3.1M | SEK 7.6M | SEK 0 | SEK 0 | -SEK 92,000 |
| YoY % | -100.0% | ||||
| Net Income | SEK 223.5M | SEK 354.9M | SEK 507.8M | SEK 570.6M | SEK 309.7M |
| YoY % | +58.8% | +43.1% | +12.4% | -45.7% | |
| EPS (Basic) | SEK 4.79 | SEK 7.61 | SEK 10.89 | SEK 12.23 | SEK 6.35 |
| YoY % | +58.9% | +43.1% | +12.3% | -48.1% | |
| EPS (Diluted) | SEK 4.77 | SEK 7.57 | SEK 10.85 | SEK 12.19 | SEK 6.34 |
| YoY % | +58.7% | +43.3% | +12.4% | -48.0% | |
| Weighted Avg Shares (Basic) | 46.7M | 46.7M | 46.6M | 46.7M | 48.8M |
| YoY % | +0.0% | -0.0% | +0.0% | +4.5% | |
| Weighted Avg Shares (Diluted) | 46.8M | 46.9M | 46.8M | 46.8M | 48.9M |
| YoY % | +0.1% | -0.1% | -0.0% | +4.4% | |
| Dividends Declared per Share | — | — | SEK 2 | SEK 4 | SEK 4 |
| YoY % | +100.0% | +10.0% |
Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
