Statistics

Income Statement

Amounts in TSEK unless otherwise indicated

	2020	2019
Net Sales	264 467	259 903
Cost of sales	-165 815	-167 323
Gross Margin	98 652	92 580

Selling expenses	-55 465	-56 151
Administrative expenses	-17 168	-15 609
Other operating income	8 842	6 945
Other operating expenses	-11 496	-5 940
Operating profit	23 365	21 825

Financial income	5	1 097
Financial expense	-1 247	-123
Income after financial items	22 123	22 799

Appropriations	-3 678	-5 669
Taxes	-3 870	-3 892

NET INCOME	14 575	13 238

Result per share, kr	2,91	2,95
Total shares	6 001 400	6 001 400

Amounts in TSEK unless otherwise indicated

Assets	2020-12-31	2019-12-31
Fixed assets
Intangible assets
Licenses	465	545
Total intangible assests	465	545

Tangible assets
Plant and machinery	820	1 155
Other operating expenses	2 078	2 103
Total tangible assets	2 898	3 258

Financial assets
Other long-term receivables	2 928	2 640
Deferred tax receivables	796	718
Total financial assets	3 724	3 358

Total fixed assets	7 087	7 161

Current assets
Stock
Finished goods and goods for resale	51 650	49 068

Current receivables
Accounts receivables	44 193	41 170
Deferred tax receivables	2 512	1 799
Other receivables	2 292	1 487
Prepaid expenses and acrued income	9 827	7 433
Total current receivables	58 824	51 889

Cash and bank balances	40 728	24 513

Total current assets	151 202	125 470

TOTAL ASSETS	158 289	132 631

Amounts in TSEK unless otherwise indicated

Equity, Provisions and Liabilities	2020-12-31	2019-12-31
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	46 571	33 333
Net profit/loss for the year	14 575	13 238
Total non-restricted equity	61 146	46 571

Total equity	64 147	49 572

Untaxed reserves
Untaxed reserves	33 707	30 029

Provisions
Provisions for pensions	3 865	3 488
Provisions for future warranty costs	4 032	482
Total provisions	7 897	3 970

Short-term borrowings
Advance payment from customers	13 322	11 297
Accounts payable	13 427	11 982
Other liabilites	1 586	1 626
Accrued expenses and deferred income	24 203	24 155
Total current liabilites	52 538	49 060

TOTAL LIABILITIES	158 289	132 631

Amounts in TSEK unless otherwise indicated

	2020	2019
The ongoing business
Operating profit	23 365	21 825
Adjustments for items that are not included in the cash flow	5 703	2 777
Interest received	5	47
Interest paid	-41	-123
Income tax paid	-4 661	-4 688
Cash flow from operating activities before working capital changes	24 371	19 838

Cash flow from working capital changes
Changes in inventories	-2 582	-11 858
Changes in receivables	-6 222	4 179
Changes in accounts payable	3 478	-41
Cash flow from operating activities	19 045	12 118

Investing activites
Acquisition of intangible assets	-82	-249
Acquisition of tangible assets	-1 254	-1 587
Acquisition of financial assets	-288	-240
Cash flow from investing activities	-1 624	-2 076

Financial activities
Dividend paid	-	-11 403
Cash flow from financial activities	0	-11 403


CASH FLOW OF THE YEAR	17 421	-1 361

Cash and cash equivalent at the beginning of the year	24 513	25 874
Exchange rate difference in cash and cash equivalents	-1 206	1 050
Cash and cash equivalent at the end of the year	40 728	24 513

	2020	2019	2018	2017	2016
Financial ratio, tsek
Net sales	264 467	259 903	233 245	207 671	169 938
Operation profit/loss	23 365	21 825	23 671	18 259	5 370
Profit/Loss after financial items	22 123	22 799	23 700	18 074	6 184
Total assets	158 289	132 631	124 349	104 596	95 737
Operating margin %	9	8	10	9	3
Profit margin %	8	9	10	9	4
Adjusted equity	90 513	73 035	66 738	57 071	50 229
Return on operational capital employment before tax %	27	31	37	33	12
Return on adjusted equity after tax %	21	26	30	26	9
Share of risk capital %	57	55	54	55	52
Net investments	1 624	2 076	2 111	2 124	1 094

Ratios /business area, tsek
Bookings Industrial Applications	268 820	250 464	227 384	206 910	164 645
Bookings Infrasystems	960	6 079	5 494	7 528	6 274
Total bookings	269 780	256 543	232 878	214 438	170 919

Backlog of orders Industrial Applications	47 287	38 899	41 712	41 653	33 802
Backlog of orders Infrasystem	-	1 715	1 720	1 802	2 018
Total backlog of orders	47 287	40 614	43 432	43 455	35 820

Net sales Industrial Applications	261 792	253 818	227 856	199 908	161 934
Net sales Infrasystems	2 675	6 085	5 389	7 763	8 004
Total net sales	264 467	259 903	233 245	207 671	169 938

Other ratios
Average number of yearly employees	86	80	73	69	67

Per share
Equity capital per share, SEK	15,08	12,17**	11,12	9,51	8,37
Earnings per share, SEK	2,91	2,95**	3,01	2,34	0,77
Dividend per share, SEK	2,10*	-	1,90	1,40	1,20
Cash flow from operating activities per share, SEK	3,17	2,02	3,21	2,06	1,22
Numbers of shares year-end	6 001 400	6 001 400	6 001 400	6 001 400	6 001 400

* Proposed dividend
** Adjusted amount compared with the previous year's annual report due to a change in the tax rate for calculating deferred tax.