Statistics

Income Statement

Amounts in TSEK unless otherwise indicated

	2019	2018
Net Sales	259 903	233 245
Cost of sales	-167 323	-151 964
Gross Margin	92 580	81 281

Selling expenses	-56 151	-46 661
Administrative expenses	-15 609	-13 370
Other operating income	6 945	6 897
Other operating expenses	-5 940	-4 476
Operating profit	21 825	23 671

Financial income	1 097	92
Financial expense	-123	-63
Income after financial items	22 799	23 700

Appropriations	-5 669	-4 263
Taxes	-3 892	-4 693

NET INCOME	13 238	14 744

Result per share, kr	2,94	3,01
Total shares	6 001 400	6 001 400

Amounts in TSEK unless otherwise indicated

Assets	2019-12-31	2018-12-31
Fixed assets
Intangible assets
Product property rights	-	162
Licenses	545	674
Total intangible assests	545	836

Tangible assets
Plant and machinery	1 155	1 450
Other operating expenses	2 103	1 639
Total tangible assets	3 258	3 089

Financial assets
Other long-term receivables	2 640	2 400
Deferred tax receivables	718	649
Total financial assets	3 358	3 049

Total fixed assets	7 161	6 974

Current assets
Stock
Finished goods and goods for resale	49 068	37 210

Current receivables
Accounts receivables	41 170	44 628
Deferred tax receivables	1 799	1 072
Other receivables	1 487	1 381
Prepaid expenses and acrued income	7 433	7 210
Total current receivables	51 889	54 291

Cash and bank balances	24 513	25 874

Total current assets	125 470	117 375

TOTAL ASSETS	132 631	124 349

Amounts in TSEK unless otherwise indicated

Equity, Provisions and Liabilities	2019-12-31	2018-12-31
Equity
Restricted equity
Issued capital (6 001 400 shares at 0,50 kr)	3 001	3 001
Total restricted equity	3 001	3 001

Non-restricted equity
Accumulated profit or loss	33 333	29 992
Net profit/loss for the year	13 238	14 744
Total non-restricted equity	46 571	44 736

Total equity	49 572	47 737

Untaxed reserves
Untaxed reserves	30 029	24 360

Provisions
Provisions for pensions	3 488	3 151
Provisions for future warranty costs	482	-
Total provisions	3 970	3 151

Short-term borrowings
Advance payment from customers	11 297	12 507
Accounts payable	11 982	13 294
Other liabilites	1 626	1 685
Accrued expenses and deferred income	24 155	21 615
Total current liabilites	49 060	49 101

TOTAL LIABILITIES	132 631	124 349

Amounts in TSEK unless otherwise indicated

	2019	2018
The ongoing business
Operating profit	21 825	23 671
Adjustments for items that are not included in the cash flow	2 777	3 470
Interest received	47	35
Interest paid	-123	-63
Income tax paid	-4 688	-3 312
Cash flow from operating activities before working capital changes	19 838	23 801

Cash flow from working capital changes
Changes in inventories	-11 858	-1 989
Changes in receivables	4 179	-11 275
Changes in accounts payable	-41	8 698
Cash flow from operating activities	12 118	19 235

Investing activites
Acquisition of intangible assets	-249	-394
Acquisition of tangible assets	-1 587	-1 477
Acquisition of financial assets	-240	-240
Cash flow from investing activities	-2 076	-2 111

Financial activities
Dividend paid	-11 403	-8 402
Cash flow from financial activities	-11 403	-8 402


CASH FLOW OF THE YEAR	-1 361	8 722

Cash and cash equivalent at the beginning of the year	25 874	17 152
Exchange rate difference in cash and cash equivalents	1 050	57
Cash and cash equivalent at the end of the year	24 513	25 874

	2019	2018	2017	2016	2015
Financial ratio, tsek
Net sales	259 903	233 245	207 671	169 938	179 313
Operation profit/loss	21 825	23 671	18 259	5 370	25 123
Profit/Loss after financial items	22 799	23 700	18 074	6 184	24 786
Total assets	132 631	124 349	104 596	95 737	101 115
Operating margin %	8	10	9	3	14
Profit margin %	9	10	9	4	14
Adjusted equity	72 996	66 738	57 071	50 229	52 780
Return on operational capital employment before tax %	31	37	33	12	51
Return on adjusted equity after tax %	26	30	26	9	43
Share of risk capital %	55	54	55	52	52
Net investments	2 076	2 111	2 124	1 094	1 279

Ratios /business area, tsek
Bookings Industrial Applications	250 464	227 384	206 910	164 645	171 635
Bookings Infrasystems	6 079	5 494	7 528	6 274	5 751
Total bookings	256 543	232 878	214 438	170 919	177 386

Backlog of orders Industrial Applications	38 899	41 712	41 653	33 802	30 901
Backlog of orders Infrasystem	1 715	1 720	1 802	2 018	3 556
Total backlog of orders	40 614	43 432	43 455	35 820	34 457

Net sales Industrial Applications	253 818	227 856	199 908	161 934	172 329
Net sales Infrasystems	6 085	5 389	7 763	8 004	6 984
Total net sales	259 903	233 245	207 671	169 938	179 313

Other ratios
Average number of yearly employees	80	73	69	67	62

Per share
Equity capital per share, SEK	12,16	11,12	9,51	8,37	8,79
Earnings per share, SEK	2,94	3,01	2,34	0,77	3,20
Dividend per share, SEK	-*	1,90	1,40	1,20	1,20
Cash flow from operating activities per share, SEK	2,02	3,21	2,06	1,22	3,83
Numbers of shares year-end	6 001 400	6 001 400	6 001 400	6 001 400	6 001 400

* Proposed dividend.