Financial information
Five-year overview
| INCOME STATEMENT, SEK MILLION | 2021 | 2020 | 2019 | 2018 | 2017 |
| Net sales | 21,876 | 21,147 | 20,404 | 19,305 | 17,293 |
| Production costs | -18,577 | -18,093 | -17,503 | -16,502 | -14,718 |
| Gross profit/loss | 3,299 | 3,054 | 2,901 | 2,803 | 2,575 |
| Selling and administrative expenses | -1,787 | -1,706 | -1,678 | -1,596 | -1,502 |
| Operating profit/loss | 1,512 | 1,348 | 1,224 | 1,207 | 1,072 |
| Adjustments relating to specific costs | - | - | - | - | 8 |
| Adjusted operating profit/loss | 1,512 | 1,348 | 1,224 | 1,207 | 1,080 |
| Net financial items | -56 | -74 | -73 | -16 | -54 |
| Profit/Loss after financial items | 1,456 | 1,274 | 1,151 | 1,191 | 1,019 |
| Tax | -318 | -276 | -267 | -235 | -199 |
| Profit/loss for the period | 1,138 | 997 | 884 | 956 | 820 |
| BALANCE SHEET, SEK MILLION | |||||
| Goodwill | 9,530 | 8,904 | 8,731 | 8,210 | 7,844 |
| Right-of-use assets | 972 | 1,002 | 1,029 | - | - |
| Other non-current assets | 250 | 179 | 179 | 168 | 154 |
| Current assets | 7,170 | 5,220 | 5,599 | 5,211 | 4,523 |
| Cash and cash equivalents | 1,594 | 1,748 | 972 | 735 | 839 |
| Total assets | 19,516 | 17,053 | 16,510 | 14,324 | 13,360 |
| Equity | 6,832 | 5,876 | 5,596 | 5,238 | 4,662 |
| Long-term loans | - | 500 | 500 | 1,300 | 1,700 |
| Other non-current liabilities | 1,159 | 1,270 | 1,001 | 667 | 356 |
| Lease liabilities | 994 | 1,022 | 1,040 | - | - |
| Commercial paper | 1,603 | 1,350 | 1,495 | 800 | 1,000 |
| Current liabilities | 8,928 | 7,035 | 6,879 | 6,319 | 5,642 |
| Total equity and liabilities | 19,516 | 17,053 | 16,510 | 14,324 | 13,360 |
| CASH FLOW, SEK MILLION | |||||
| Cash flow from operating activities | 1,437 | 2,171 | 1,599 | 1,052 | 1,038 |
| Cash flow from investing activities | -509 | -316 | -503 | -249 | -231 |
| Cash flow from financing activities | -1,151 | -990 | -881 | -914 | -254 |
| Cash flow for the period | -223 | 866 | 215 | -111 | 553 |
| KEY FIGURES, SEK MILLION | |||||
| Operating margin, % | 6.9 | 6.4 | 6.0 | 6.3 | 6.2 |
| EBITA margin, % | 6.9 | 6.4 | 6.0 | 6.3 | 6.2 |
| Return on equity, % | 17.4 | 16.7 | 16.1 | 18.7 | 18.3 |
| Net debt | -1,003 | -1,124 | -2,063 | 1,365 | 1,862 |
| Capital structure (net borrowings/adj. EBITDA) | 0.5 | 0.6 | 1.3 | 1.1 | 1.7 |
| Cash conversion, % | 83 | 138 | 109 | 103 | 105 |
| Interest coverage, multiple | 29.5 | 28.2 | 23.5 | 38.6 | 22.9 |
| Equity/assets ratio, % | 35.0 | 34.5 | 33.9 | 36.6 | 34.9 |
| Order intake | 24,237 | 20,242 | 22,534 | 20,652 | 17,972 |
| Order backlog | 16,519 | 13,791 | 14,485 | 11,992 | 10,271 |
| Average no. of employees | 11,864 | 11,906 | 11,722 | 11,475 | 10,643 |
| Administration costs as % of sales | 8.2 | 8.1 | 8.2 | 9.2 | 8.6 |
| Working capital as % of sales | -6.7 | -7.5 | -5.6 | -4.9 | -5.5 |
| Basic earnings per share, SEK | 5.66 | 4.94 | 4.36 | 4.73 | 4.07 |
| Diluted earnings per share, SEK | 5.64 | 4.93 | 4.35 | 4.72 | 4.06 |