Financial information
Five-year overview
| INCOME STATEMENT, SEK MILLION | 2019 | 2018 | 2017 | 2016 | 2015 |
| Net sales | 20,404 | 19,305 | 17,293 | 14,792 | 14,206 |
| Production costs | -17,503 | -16,502 | -14,718 | -12,562 | -12,081 |
| Gross profit/loss | 2,901 | 2,803 | 2,575 | 2,230 | 2,124 |
| Selling and administrative expenses | -1,678 | -1,596 | -1,502 | -1,286 | -1,342 |
| Operating profit/loss | 1,224 | 1,207 | 1,072 | 944 | 782 |
| Adjustments relating to specific costs | - | - | 8 | 10 | 96 |
| Adjusted operating profit/loss | 1,224 | 1,207 | 1,080 | 954 | 878 |
| Net financial items | -73 | -16 | -54 | -67 | -360 |
| Profit/Loss after financial items | 1,151 | 1,191 | 1,019 | 877 | 422 |
| Tax | -267 | -235 | -199 | -203 | -135 |
| Profit/loss for the period | 884 | 956 | 820 | 674 | 287 |
| BALANCE SHEET, SEK MILLION | |||||
| Goodwill | 8,731 | 8,210 | 7,844 | 7,599 | 7,211 |
| Right-of-use assets | 1,029 | - | - | - | - |
| Other non-current assets | 179 | 168 | 154 | 144 | 218 |
| Current assets | 5,599 | 5,211 | 4,523 | 3,933 | 3,394 |
| Cash and cash equivalents | 972 | 735 | 839 | 286 | 573 |
| Total assets | 16,510 | 14,324 | 13,360 | 11,962 | 11,396 |
| Equity | 5,596 | 5,238 | 4,662 | 4,079 | 3,555 |
| Long-term loans | 500 | 1,300 | 1,700 | 2,700 | 2,700 |
| Other non-current liabilities | 1,001 | 667 | 356 | 245 | 177 |
| Lease liabilities | 1,040 | - | - | - | - |
| Commercial paper | 1,495 | 800 | 1,000 | - | - |
| Current liabilities | 6,879 | 6,319 | 5,642 | 4,938 | 4,964 |
| Total equity and liabilities | 16,510 | 14,324 | 13,360 | 11,962 | 11,396 |
| CASH FLOW, SEK MILLION | |||||
| Cash flow from operating activities | 1,599 | 1,052 | 1,038 | 428 | 841 |
| Cash flow from investing activities | -503 | -249 | -231 | -280 | -262 |
| Cash flow from financing activities | -881 | -914 | -254 | -504 | -767 |
| Cash flow for the period | 215 | -111 | 553 | -356 | -189 |
| KEY FIGURES, SEK MILLION | |||||
| Operating margin, % | 6.0 | 6.3 | 6.2 | 6.4 | 5.5 |
| Adjusted operating margin, % | 6.0 | 6.3 | 6.2 | 6.5 | 6.2 |
| EBITA margin, % | 6.0 | 6.3 | 6.2 | 6.4 | 5.5 |
| Adjusted EBITA margin, % | 6.0 | 6.3 | 6.3 | 6.5 | 6.2 |
| Return on equity, % | 16.1 | 18.7 | 18.3 | 17.5 | 8.4 |
| Net debt | -2,063 | 1,365 | 1,862 | 2,417 | 2,433 |
| Capital structure (net borrowings/adj. EBITDA) | 1.3 | 1.1 | 1.7 | 2.5 | 2.7 |
| Cash conversion, % | 115 | 102 | 106 | 61 | 125.0 |
| Interest coverage, multiple | 23.5 | 38.6 | 22.9 | 15.5 | 2.5 |
| Equity/assets ratio, % | 33.9 | 36.6 | 34.9 | 34.1 | 31.2 |
| Order intake | 22,534 | 20,652 | 17,972 | 15,990 | 14,249 |
| Order backlog | 14,485 | 11,992 | 10,271 | 8,644 | 7,092 |
| Average no. of employees | 11,722 | 11,475 | 10,643 | 9,730 | 9,359 |
| Administration costs as % of sales | 8.2 | 9.2 | 8.6 | 8.7 | 9.4 |
| Working capital as % of sales | -5.6 | -4.9 | -5.5 | -5.8 | -7.9 |
| Basic earnings per share, SEK | 4.36 | 4.73 | 4.07 | 3.34 | 1.42 |
| Diluted earnings per share, SEK | 4.35 | 4.72 | 4.06 | 3.34 | 1.42 |