Selected financial data

(kSEK)	2023	2022	2021	2020	2019

The Share
Number of shares by end of the year’	6.195.200	6.195.200	6.195.200	6.195.200	6.195.200
Own shares by 31st December*	0	0	0	0	0
Market price 31st December, SEK	16.65	29	88,4	56.80	81
Earnings per share, SEK*	-1.00	-0,46	3,44	2.87	4.53
Equity per share, SEK*	17.11	18.17	19,42	16.92	16.45
Dividend per share, SEK*	0	0	1,25*	1.5	1.75
*For approval at Annual General Meeting
Company size
Number of employees by end of year	73	69	72	60	55
Market Cap 31 st December, tSEK	103.150	179.660	547.665	351.887	501.811

Operations, tSEK
Sales	533.849	487.501	514.845	450.064	452.613
EBITDA	-1.272	-3.104	29.482	25.669	36.865
Operating profit	-3.165	-4.748	28.547	24.916	36.305
Profit after financial items	-5.915	-5.166	27.956	23.293	36.068
Profit after tax	-6.194	-2.823	21.303	17.765	28.074

Margins
Gross margin, %	65.2	65.3	68.0	68.7	69.7
EBITDA margin, %	-0,2	-0.6	5.7	5.7	8.1
Operating margin, %	-0.6	-1.0	5.5	5.5	8.0
Profit margin after tax, %	-1.1	-1.1	5.4	5.2	8.0

Growth
Sales growth, %	9.5	-5.3	14.4	0	15.0
Growth in earnings per share,%	neg	neg	19.9	-36.7	5.8

Balance sheet data
Total assets	249.060	251.673	238.351	191.491	197.187
Equity	106.030	112.572	120.316	104.808	101.917
Share Capital	6.195	6.195	6.195	6.195	6.195

Effectiviness
Return on capital employed, %		-4.1	19.6	22.8	31.9
Return on equity, %	-5.5	-2.5	17.7	17	27.5
Sales per employee	7.519	7.065	7.801	7.827	8.540
Gross profit per employee	4.905	4.616	5.304	5.375	5.954
Profit per employee	-83	-75	424	405	510

Financial position
Debt-equity ratio, times	1.35	1.24	0,98	0.83	0.93
Interest coverage, times	-3.09	-4.4	48,1	43.4	93.6
Equity ratio, %	42.6	44.7	50,5	54.7	51.7

Cash flow
Cash flow from operating activities	26.934	-15.450	-7.870	19.680	-667
Cash flow from financing activities	-20.596	16.589	12.071	-18.393	-1.249
Investments	-2.968	-2.619	-2.971	1.882	1.684
* There are no dilutive effects.

Selected financial data

*For better view – use desktop

The Share (kSEK)

Number of shares by end of the year’
2022: 6.195.200
2021: 6.195.200
2020: 6.195.200
2019: 6.195.200

Own shares by 31st December*
2022: 0
2021: 0
2020: 0
2019: 0

Market price 31st December, SEK
2022:
2021: 88,4
2020: 56,80
2019: 81

Earnings per share, SEK*
2022: -0,46
2021: 3,44
2020: 2,87
2019: 4.53

Equity per share, SEK*
2022: 18,17
2021: 19,42
2020: 16,92
2019: 16.45

Dividend per share, SEK*
2022:
2021: 1,25*
2020: 1,50
2019: 1.75

Company size

Number of employees by end of year
2022: 69
2021: 72
2020: 60
2019: 55

Market Cap 31 st December, tSEK
2022:
2021: 547.665
2020: 351,887
2019: 501.811

Operations, tSEK

Sales
2022: 487.501
2021: 514.845
2020: 450.064
2019: 452.613

EBITDA
2022: -3.104
2021: 29.482
2020: 25.669
2019: 36.865

Operating profit
2022: -4.748
2021: 28.547
2020: 24.916
2019: 36.305

Profit after financial items
2022: -5.166
2021: 27.956
2020: 23.293
2019: 36.068

Profit after tax
2022: -2.823
2021: 21.303
2020: 17.765
2019: 28.074

Margins

Gross margin, %
2022: 65.3
2021: 68.0
2020: 68.7
2019: 69,7

EBITDA %
2022: -0.6
2021: 5.7
2020: 5.7
2019: 8,1

Operating margin, %
2022: -1.0
2021: 5.5
2020: 5.5
2019: 8,0

Profit margin after tax, %
2022: -1.1
2021: 5.4
2020: 5.2
2019: 8,0

Growth

Sales growth, %
2022: -5.3
2021: 14.4
2020: 0
2019: 15,0

Growth in earnings per share,%
2022:
2021: 19.9
2020: -36.7
2019: 5,8
2018: 30,5

Balance sheet data

Total assets
2022: 251.673
2021: 238.351
2020: 191.491
2019: 197.187
2018: 162.647

Equity
2022: 112.572
2021: 120.316
2020: 104.808
2019: 101.917
2018: 80.213

Share Capital
2022: 6.195
2021: 6.195
2020: 6.195
2019: 6.195
2018: 6.195

Effectiviness

Return on capital employed, %
2022: -4.1
2021: 19.6
2020: 22.8
2019: 31,9
2018: 40,7

Return on equity, %
2022: -2-5
2021: 17,7
2020: 17
2019: 27,5
2018: 33,1

Sales per employee
2022: 7.065
2021: 7.801
2020: 7.827
2019: 8.540
2018: 8.467

Gross profit per employee
2022: 4.616
2021: 5.304
2020: 5.375
2019: 5.954
2018: 5.968

Profit per employee
2022: -75
2021: 424
2020: 405
2019: 510
2018: 520

Financial position

Debt-equity ratio, times
2022: 1.24
2021: 0,98
2020: 0.83
2019: 0,93
2018: 1.03

Interest coverage, times
2022: -4.4
2021: 48,1
2020: 43.4
2019: 93.6
2018: 100.7

Equity ratio, %
2022: 44.7
2021: 50,5
2020: 54.7
2019: 51.7
2018: 49.3

Cash flow

Cash flow from operating activities
2022: -15.450
2021: -7.870
2020: 19.680
2019: -667
2018: 17.852

Cash flow from financing activities
2022: 16.589
2021: 12.071
2020: -18.393
2019: -1.249
2018: -11.973

Investments
2022: -2.619
2021: -2.971
2020: 1.882
2019: 1.684
2018: 880

Gross profit: Gross margin as a percentage of net sales. EBITDA margin: Operating income before depreciation and amortization as a percentage of net sales. Operating margin: Operating profit after depreciation and amortization as a percentage of net sales. Profit margin: Profit after financial items as a percentage of net sales. Equity ratio: Equity as a percentage of total assets. Return on capital employed: Profit after financial items plus financial expenses divided by capital employed. Return on equity: Net income as a percentage of shareholders’ equity at period end. Debt-equity ratio: Total liabilities divided by shareholders equity. Interest coverage ratio: Operating income divided with interest expenses.