Reconcillation of Alternative Performance Measures

Q 1 Q 1 R 12
2020 2019 2019
Income before depreciation, MSEK
Operating profit/loss 26.0 35.6 103.6 113.2
Depreciation and write-down 16.4 13.9 60.2 57.7
Income before depreciation, MSEK 42.4 49.5 163.8 170.9
Operating margin, %
Operating profit/loss, MSEK 26.0 35.6 103.6 113.2
Turnover, MSEK 401.1 443.3 1 579.9 1 622.1
Operating margin, % 6.5 8.0 6.6 7.0
Profit margin, %
Income after financial items, MSEK 14.5 32.6 83.8 101.9
Turnover, MSEK 401.1 443.3 1 579.9 1 622.1
Profit margin, % 3.6 7.4 5.3 6.3
Return on equity, %
Net income for the period (annualised) 45.6 102.4 66.3 80.5
Total equity (average) 420.6 387.0 412.0 395.7
Return on equity, % 10.8 26.5 16.1 20.3
Return on capital employed, %
Income after financial items (annualised) 58.0 130.4 83.8 101.9
Financial expenses (annualised) 50.4 12.8 21.1 11.7
Total equity (average) 420.6 387.0 412.0 395.7
Interest-bearing liabilities and provisions (average) 355.5 201.4 320.6 236.3
Capital employed (average) 776.1 588.4 732.6 631.9
Return on capital employed, % 14.0 24.3 14.3 18.0
Liquidity reserve, MSEK
Liquid assets, closing balance 39.3 22.2 29.9
Granted not used credits 113.3 217.2 116.9
Liquidity reserve, MSEK 152.6 239.4 146.8
Net debt, MSEK
Interest-bearing liabilities and provisions 380.7 260.5 330.2
Liquid assets, closing balance 39.3 22.2 29.9
Net debt, MSEK 341.4 238.3 300.3
Net debt/EBITDA
Interest-bearing liabilities and provisions 380.7 260.5 330.2
Liquid assets, closing balance 39.3 22.2 29.9
EBITDA (rolling 12 months) 163.8 166.5 170.9
Net debt/EBITDA 2.1 1.4 1.8
Net debt/equity ratio
Interest-bearing liabilities and provisions 380.7 260.5 330.2
Liquid assets, closing balance 39.3 22.2 29.9
Total equity 424.3 399.6 416.9
Net debt/equity ratio 0.8 0.6 0.7
Equity ratio, %
Total equity 424.3 399.6 416.9
Balance sheet total 1154.9 1004.9 1090.1
Equity ratio, % 36.7 39.8 38.2
Capital turnover
Turnover (annualised) 1 604.4 1 773.2 1 579.9 1 622.1
Capital emplyed (average) 776.1 588.4 732.6 631.9
Capital turnover 2.1 3.0 2.2 2.6
Proportion of risk-bearing capital, %
Total equity 424.3 399.6 416.9
Deffered tax 53.5 34.7 55.1
Balance sheet total 1154.9 1004.9 1090.1
Proportion of risk-bearing capital, % 41.4 43.2 43.3
Interest coverage ratio
Income after financial items 14.5 32.6 83.8 101.9
Financial expenses 12.6 3.2 21.1 11.7
Interest coverage ratio 2.1 11.1 4.7 9.7
Net turnover per employee (average), TSEK
Turnover, MSEK 401.1 443.3 1 579.9 1 622.1
Average number of employees (full time) 461 464 465 466
Net turnover per employee (average), TSEK 870 955 3 398 3 481
Income after fin, per employee (average), TSEK
Income after financial items 14.5 32.6 83.8 101.9
Average number of employees (full time) 461 464 465 466
Income after fin, per employee (average), TSEK 31 70 180 219
Equity per share, SEK
Total equity 424.3 399.6 416.9
Non-controlling interests 20.3 13.7 18.1
Number of shares, end of period, thousands 7 399 7 399 7 399
Equity per share, SEK 54.60 52.16 53.90