| Market Cap | — | |
| Enterprise Value | — | |
| Revenue | SEK 26.03B | +17.6% |
| Gross Profit | SEK 20.24B | +18.2% |
| EBITDA | SEK 9.30B | +28.0% |
| Net Income | SEK 3.88B | +61.3% |
| Diluted EPS | — | — |
| Free Cash Flow | SEK 7.22B | +100.7% |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | Trend · 5y | vs own |
|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||
| Gross Margin | 78.87% | 77.56% | 74.58% | 77.42% | 77.77% | 70% | |
| Operating Margin | 31.57% | 24.04% | 20.29% | 18.38% | 21.61% | 50% | |
| EBITDA Margin | 44.83% | 36.96% | 33.17% | 32.84% | 35.75% | 50% | |
| NOPAT Margin | 24.29% | 19.54% | 16.12% | 14.98% | 19.02% | 50% | |
| Net Margin | 21.26% | 17.25% | 14.04% | 10.89% | 14.93% | 50% | |
| FCF Margin | 32.01% | 34.92% | 23.97% | 16.26% | 27.73% | 50% | |
| FCFF Margin | 35.05% | 37.30% | 26.07% | 20.54% | 32.15% | 50% | |
| FCFE Margin | 22.50% | 9.18% | 11.10% | 67.10% | 10.69% | 30% | |
| OCF Margin | 32.28% | 35.22% | 24.35% | 20.21% | 28.39% | 50% | |
| Gross Profitability | 24.93% | 24.75% | 26.70% | 23.14% | 26.83% | 90% | |
| Capex Intensity | 0.27% | 0.30% | 0.38% | 3.95% | 0.65% | 70% | |
| ▸Returns on Capital · 6 ratios | |||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||
| ▸Earnings quality · 7 ratios | |||||||
| ▸Liquidity & coverage · 9 ratios | |||||||
| ▸Leverage · 7 ratios | |||||||
| ▸Working capital · 8 ratios | |||||||
| ▸Capital allocation · 1 ratios | |||||||
| ▸Other · 1 ratios | |||||||
The five drivers multiply to 9.7% vs reported ROE 10.5%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | SEK 15.26B | SEK 15.53B | SEK 18.79B | SEK 22.12B | SEK 26.03B |
| YoY % | +1.8% | +21.0% | +17.7% | +17.6% | |
| Cost of Revenue | SEK 3.23B | SEK 3.48B | SEK 4.78B | SEK 5.00B | SEK 5.79B |
| YoY % | +8.0% | +37.1% | +4.6% | +15.8% | |
| Gross Profit | SEK 12.04B | SEK 12.04B | SEK 14.01B | SEK 17.13B | SEK 20.24B |
| YoY % | +0.1% | +16.3% | +22.2% | +18.2% | |
| R&D Expense | SEK 1.59B | SEK 1.99B | SEK 2.35B | SEK 2.80B | SEK 3.54B |
| YoY % | +25.1% | +18.1% | +18.8% | +26.5% | |
| SG&A Expense | SEK 5.98B | SEK 6.29B | SEK 7.85B | SEK 10.16B | SEK 11.09B |
| YoY % | +5.2% | +24.7% | +29.5% | +9.1% | |
| Operating Income | SEK 4.82B | SEK 3.73B | SEK 3.81B | SEK 4.07B | SEK 5.63B |
| YoY % | -22.5% | +2.1% | +6.6% | +38.3% | |
| Interest Expense | SEK 602.0M | SEK 454.0M | SEK 497.0M | SEK 1.16B | SEK 1.30B |
| YoY % | -24.6% | +9.5% | +133.8% | +12.3% | |
| Interest & Investment Income | SEK 1.0M | SEK 16.0M | SEK 5.0M | SEK 50.0M | SEK 86.0M |
| YoY % | +1500.0% | -68.8% | +900.0% | +72.0% | |
| Pretax Income | SEK 4.22B | SEK 3.29B | SEK 3.32B | SEK 2.95B | SEK 4.41B |
| YoY % | -21.9% | +0.8% | -11.1% | +49.2% | |
| Income Tax | SEK 972.0M | SEK 616.0M | SEK 683.0M | SEK 546.0M | SEK 528.0M |
| YoY % | -36.6% | +10.9% | -20.1% | -3.3% | |
| Net Income (incl. NCI) | SEK 3.25B | SEK 2.68B | SEK 2.64B | SEK 2.41B | SEK 3.88B |
| YoY % | -17.4% | -1.5% | -8.7% | +61.0% | |
| Minority Interest (P&L) | — | — | — | SEK 0 | -SEK 6.0M |
| Net Income | — | — | — | SEK 2.41B | SEK 3.88B |
| YoY % | +61.3% | ||||
| EPS (Basic) | SEK 11.01 | SEK 9.08 | SEK 8.92 | — | — |
| YoY % | -17.5% | -1.8% | |||
| EPS (Diluted) | SEK 10.90 | SEK 9.03 | SEK 8.84 | — | — |
| YoY % | -17.2% | -2.1% |
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.
