Statistics

Income Statement

Amounts in TSEK unless otherwise indicated

	2018	2017
Net Sales	233 245	207 671
Cost of sales	-151 964	-133 363
Gross Margin	81 281	74 308

Selling expenses	-46 661	-42 191
Administrative expenses	-13 370	-13 207
Other operating income	6 897	4 920
Other operating expenses	-4 476	-5 571
Operating profit	23 671	18 259

Financial income	92	21
Financial expense	-63	-206
Income after financial items	23 700	18 074

Appropriations	-4 263	-4 600
Taxes	-4 693	-3 017

NET INCOME	14 744	10 457

Result per share, kr	3,01	2,34
Total shares	6 001 400	6 001 400

Amounts in TSEK unless otherwise indicated

Assets	2018-12-31	2017-12-31
Fixed assets
Intangible assets
Product property rights	162	1 403
Licenses	674	749
Total intangible assests	836	2 152

Tangible assets
Plant and machinery	1 450	1 310
Other operating expenses	1 639	1 612
Total tangible assets	3 089	2 922

Financial assets
Other long-term receivables	2 400	2 160
Deferred tax receivables	649	594
Total financial assets	3 049	2 754

Total fixed assets	6 974	7 828

Current assets
Stock
Finished goods and goods for resale	37 210	35 221

Current receivables
Accounts receivables	44 628	34 665
Deferred tax receivables	1 072	2 508
Other receivables	1 381	1 165
Prepaid expenses and acrued income	7 210	6 057
Total current receivables	54 291	44 395

Cash and bank balances	25 874	17 152

Total current assets	117 375	96 768

TOTAL ASSETS	124 349	104 596

Amounts in TSEK unless otherwise indicated

Equity, Provisions and Liabilities	2018-12-31	2017-12-31
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	29 992	27 937
Net profit/loss for the year	14 744	10 457
Total non-restricted equity	44 736	38 396

Total equity	47 737	41 395

Untaxed reserves
Untaxed reserves	24 360	20 097

Provisions
Provisions for pensions	3 151	2 701

Short-term borrowings
Advance payment from customers	12 507	9 910
Accounts payable	13 294	10 522
Other liabilites	1 685	1 032
Accrued expenses and deferred income	21 615	18 939
Total current liabilites	49 101	40 403

TOTAL LIABILITIES	124 349	104 596

Amounts in TSEK unless otherwise indicated

	2018	2017
Cash flow statement
Profit/loss after financial items	23 700	18 074
Adjustment for non-cash items	3 470	4 414
Income tax paid	-3 312	-4 763
Cash flow from operating activities before working capital changes	23 858	17 725

Cash flow from working capital changes
Changes in inventories	-1 989	-5 691
Changes in receivables	-11 332	-392
Changes in accounts payable	8 698	717
Cash flow from working capital changes	-4 623	-5 366

Cash flow from operating activities	19 235	12 359

Investing activites
Acquisition of intangible assets	-394	-
Acquisition of tangible assets	-1 477	-1 884
Acquisition of financial assets	-240	-240
Cash flow from investing activities	-2 111	-2 124

Financial activities
Dividend paid	-8 402	-7 202
Cash flow from financial activities	-8 402	-7 202


CASH FLOW OF THE YEAR	8 722	3 033

Cash and cash equivalent at the beginning of the year	17 152	14 119
Cash and cash equivalent at the end of the year	25 874	17 152

Supplementary information to cash flow
Interest paid	35	21
Interest received	-63	-59

Subcomponents in cash and cash equivalents
Bank balances	25 874	17 152

	2018	2017	2016	2015	2014
Financial ratio, tsek
Net sales	233 245	207 671	169 938	179 313	133 956
Operation profit/loss	23 671	18 259	5 370	25 123	8 083
Profit/Loss after financial items	23 700	18 074	6 184	24 786	8 047
Total assets	124 349	104 596	95 737	101 115	75 909
Operating margin %	10	9	3	14	6
Profit margin %	10	9	4	14	6
Adjusted equity	66 738	57 071	50 229	52 780	37 205
Return on operational capital employment before tax %	37	33	12	51	21
Return on adjusted equity after tax %	30	26	9	43	18
Share of risk capital %	54	55	52	52	49
Net investments	2 111	2 124	1 094	1 279	5 991

Ratios /business area, tsek
Bookings Industrial Applications	227 384	206 910	164 645	171 635	122 317
Bookings Infrasystems	5 494	7 528	6 274	5 751	6 433
Total bookings	232 878	214 438	170 919	177 386	128 750

Backlog of orders Industrial Applications	41 712	41 653	33 802	30 901	31 877
Backlog of orders Infrasystem	1 720	1 802	2 018	3 556	5 061
Total backlog of orders	43 432	43 455	35 820	34 457	36 938

Net sales Industrial Applications	227 856	199 908	161 934	172 329	124 530
Net sales Infrasystems	5 389	7 763	8 004	6 984	9 426
Total net sales	233 245	207 671	169 938	179 313	133 956

Other ratios
Average number of yearly employees	73	69	67	62	59

Per share
Equity capital per share, SEK	11,12	9,51	8,37	8,79	6,20
Earnings per share, SEK	3,01	2,34	0,77	3,20	1,04
Dividend per share, SEK	1,90*	1,40	1,20	1,20	0,60
Cash flow from operating activities per share, SEK	3,21	2,06	1,22	3,83	0,17
Numbers of shares year-end	6 001 400	6 001 400	6 001 400	6 001 400	6 001 400

* Proposed dividend.