Five-year report
45
Five-year report SEK million
2019
2018
2017
2016
2015
Sales growth Change in net sales compared with previous year, expressed as a percentage.
3,924
3,873
3,891
4,043
4,218
14
28
14
85
6
Operating margin Operating profit expressed as a percentage of net sales.
Income statement Net sales Other operating income Total income
3,938
3,901
3,905
4,128
4,224
Operating expenses
-3,795
-3,442
-3,620
-3,913
-4,049
-112
-98
-91
-100
-109
-
-
-
38
-19
Operating profit
30
361
194
153
47
Net financial items
-11
-14
-14
-18
-21
Profit/loss after financial items
19
347
180
135
26
Depreciation according to plan Items affecting comparability
Tax
-6
-67
-30
-32
-6
Profit/loss for the year from remaining businesses
13
280
151
103
20
Profit/loss from discontinued operations, net after tax
-22
-51
-34
-
-
Profit/loss for the year
-10
230
116
103
20
Balance sheet Intangible assets Tangible assets
126
126
126
126
144
1,281
790
620
668
662
Financial assets
26
25
30
1
1
Deferred tax assets
37
44
49
46
83
1,123
1,392
1,222
1,285
1 273
154
546
501
310
324
Total assets
2,747
2,923
2,548
2,436
2,487
Equity
1,458
1,580
1,372
1,347
1,264 2
Current assets Cash and cash equivalents
48
54
35
1
Financial liabilities and interest-bearing provisions
Deferred tax liabilities
558
458
445
459
571
Operating liabilities
683
831
696
629
650
2,747
2,923
2,548
2,436
2,487
Sales growth, %
1.3
-0.5
-3.8
-4.1
0.6
Operating margin, %
0.8
9.3
5.0
3.8
1.1
Net margin, %
0.3
5.9
3.0
2.5
0.5
1,827
1,415
1,314
1,471
1,467 3.0
Total equity and liabilities
Key indicators
Operating capital, SEK million Return on operating capital, %
1.9
26.5
13.9
10.4
Return on equity, %
-0.7
14.6
8.5
7.6
1.6
Equity ratio, %
53.0
53.9
53.9
55.3
50.8
Financial net debt, SEK million
213
403
-121
-28
115
Net debt/equity ratio, %
28
-8
-2
9
17
Interest cover, multiple
0.8
21.7
13.9
11.9
8.3
-0.19
4.46
2.25
2.00
0.39
Cash flow from operating activities
173
388
347
185
269
Investments in tangible assets
593
297
86
108
78
Earnings per share, SEK
Net margin Profit/loss for the year expressed as a percentage of net sales. Operating capital Balance sheet total less cash and cash equivalents, financial assets and non-interest bearing liabilities and provisions. Return on operating capital Operating profit expressed as a percentage of average operating capital (based on the opening and closing balances for the period). Return on equity Profit/loss for the year expressed as a percentage of average equity (based on the opening and closing balances for the period). Equity ratio Equity expressed as a percentage of total assets. Financial net debt Interest-bearing liabilities and provisions minus cash and cash equivalents and short-term investments. Net debt/equity ratio Financial net debt divided by equity. Interest cover Operating profit plus financial income divided by financial expenses. Earnings per share Profit/loss for the year divided by the average number of shares during the year.
Cash flow and investments
Sustainability Report 2019 — Setra Group
