The key figures presented below are central in order to understand and evaluate AddLifes business and financial position. The key figures are presented in the Multi-year overview and commented in the administration report. The key figures that are the financial targets are commented in the section "Financial targets".
| Return on equity | ||
|---|---|---|
| Profit/loss after tax attributable to shareholders, as a percentage of shareholders' proportion of average equity. | ||
| Return on equity measures from an ownership perspective the return that is given on the owners' invested capital. | ||
| 2021 | 2020 | |
| Profit/loss for the period | 720.6 | 519.7 |
| Average equity | 3,090.6 | 1,683.3 |
| Return on equity | 720.6/3,090.6=23.3% | 802,1/780,9=102,7% |
| Return on working capital (P/WC) | ||
| EBITA in relation to average working capital. | ||
| P/WC is used to analyse profitability and encourage high EBITA earnings and low working capital requirements. | ||
| 2021 | 2020 | |
| Operating profit before amortization of intangible assets EBITA, P | 1,273.3 | 802.1 |
| Average working capital, WC | 1,346.9 | 780.9 |
| P/WC | 1,273.3/1,346.9=94.5% | 802,1/780,9=102,7% |
| Return on capital employed | ||
| Profit after net financial items plus interest expenses plus/minus exchange rate fluctuations in percent of average capital employed. | ||
| 2021 | 2020 | |
| Profit/loss before taxes according to the income statement | 927.2 | 659.0 |
| Interest expenses note 12 (+) | 56.9 | 17.0 |
| Net exchange rate fluctuations, note 12 | 10.2 | -4.8 |
| Profit after net financial items plus exchange rate fluctuations | 994.3 | 671.2 |
| Capital employed yearly average | 8,508.5 | 2,652.9 |
| Return on capital employed | 2,652.9/8,508.5=,31.2% | 671.2/2,652.9=25.3% |
| EBITDA | ||
| Operating profit before depreciation and amortization of intangible assets and property, plant and equipment. | ||
| EBITDA is used to analyse profitability generated by operational activities. | ||
| 2021 | 2020 | |
| Profit/loss according to the income statement | 996.3 | 672.5 |
| Depreciation property, plant and equipment according to Note 16 (+) | 201.4 | 144.5 |
| Amortisation intangible assets according to Note 15 (+) | 277.0 | 129.6 |
| Operating profit before depreciation and amortisation, EBITDA | 1,474.7 | 946.6 |
| EBITA | ||
| Operating profit before amortization of intangible assets. | ||
| EBITA is used to analyse profitability generated by operational activities. | ||
| 2021 | 2020 | |
| Profit/loss according to the income statement | 996.3 | 672.5 |
| Amortisation intangible assets according to Note 15 (+ | 277.0 | 129.6 |
| Operating profit before amortization of intangible assets | 1,273.3 | 802.1 |
| EBITA margiin | ||
| EBITA in percentage of net sales. | ||
| EBITA margin is used to analyse asset-creating generated from operational activities. | ||
| 2021 | 2020 | |
| Operating profit before amortization of intangible assets | 1,273.3 | 802.1 |
| Net sales according to the income statement | 7,992.6 | 5,273.3 |
| EBITA margin | 1,273.3/7,992.6=,15.9% | 802.1/5,273.3=15.2% |
| Equity per share | ||
| Shareholders' proportion of equity divided by the number of shares outstanding at the end of the reporting period. | ||
| 2021 | 2020 | |
| Shareholders' proportion of equity according to the balance sheet | 4,285.2 | 1,882.1 |
| Number of shares outstanding at the end of the reporting period, 000 | 121,953.0 | 112,487.0 |
| Equity per share | 4,285.2/121,953=35.14 | 1,882.2/112,487= 16.73 |
| Cash flow per share | ||
| Cash flow from operating activities. divided by the average number of shares. | ||
| 2021 | 2020 | |
| Cash flow from operating activities | 1,010.2 | 950.1 |
| Average number of shares | 119,418 | 112,127 |
| Cash flow per share | 1,010.2/119,418=8.46 | 950.1/112,127=8.47 |
| Net debt/equity ratio | ||
| Financial net liabilities in relation to shareholders’ equity. | ||
| Net debt/equity ratio is used to analyse financial risk. | ||
| 2021 | 2020 | |
| Financial net liabilities | 3,870.2 | 699.8 |
| Equity according to balance sheet | 4,290.9 | 1,890.3 |
| Net debt/equity ratio | 3,870.2/4,290.9=0.9 | 699.8/1,890.3=0.4 |
| Earnings per share (EPS) | ||
| Shareholders' proportion of profit/loss for the year in relation to the average number of shares outstanding. | ||
| 2021 | 2020 | |
| Shareholders' proportion of profit for the year according to the income statement | 718.6 | 517.8 |
| Average number of shares | 119,418 | 112,127 |
| Earnings per share (EPS) | 718.6/119,418=6.03 | 517.8/112,127=4.63 |
| Profit growth EBITA | ||
| This year’s EBITA decreased by previous year’s EBITA divided by previous year’s EBITA. | ||
| Earnings growth EBITA is used to analyse asset-creating generated from operational activities. | ||
| 2021 | 2020 | |
| Operating profit before amortisation of intangible assets, EBITA (+) | 1,273.3 | 802.1 |
| Previous year’s operating profit before amortization of intangible assets, EBITA (-) | -802.1 | -305.2 |
| Earnings growth EBITA | 471.2 | 496.9 |
| Profit growth EBITA | 471.2/802.1=58.7% | 496.9/305.2=162.8% |
| Financial net liabilities | ||
| Interest-bearing liabilities and interest-bearing provisions less cash and cash equivalents. | ||
| Net debt is used to monitor debt development and analyse financial leverage and any necessary refinancing. | ||
| According to balance sheet | 2021 | 2020 |
| Non-current interest-bearing liabilities | 787.8 | 241.6 |
| Provisions for pensions | 81.5 | 80.5 |
| Interest-bearing provisions | 31.9 | 29.5 |
| Current interest-bearing liabilities | 3,314.3 | 564.2 |
| Interest-bearing liabilities and provisions. | 4,215.5 | 915.8 |
| Cash and equivalents (–) | -345.3 | -216.0 |
| Financial net liabilities | 3,870.2 | 699.8 |
| Financial net liabilities/EBlTDA | ||
| Financial net liabilities divided by EBITDA. | ||
| Financial net liabilities compared with EBITDA provides a key financial indicator for financial net liabilities in relation to cash-generated operating profit; i.e., an indication of the ability of the business to pay its debts. This measure is generally used by financial institutions as a measure of creditworthiness. | ||
| 2021 | 2020 | |
| Financial net liabilities | 3,870.2 | 699.8 |
| Operating profit before depreciation and amortisation, EBITDA | 1,474.7 | 946.6 |
| Financial net liabilities/EBlTDA | 3,870.2/1,474.7=2.6 | 699.8/946.6=0,7 |
| Interest coverage ratio | ||
| Profit after net financial items plus interest expenses plus/minus exchange rate fluctuations in relation to interest expenses. | ||
| 2021 | 2020 | |
| Profit/loss before taxes according to the income statement | 927.2 | 659.0 |
| Interest expenses, note 12 (+) | 56.9 | 17.0 |
| Net exchange rate fluctuations, note 12 | 10.2 | -4.8 |
| Profit after net financial items excluding interest expense and exchange rate fluctuations | 994.3 | 671.2 |
| Interest coverage ratio | 994.3/56.9=17.5 | 671,2/17,0=39,5 |
| Working capital | ||
| Sum of inventories and accounts receivable, less accounts payable. Average working capital for the year is used to calculate return on working capital (P/WC). | ||
| Working capital is used to analyse how much working capital is tied up in the business. | ||
| 2021 | 2020 | |
| Inventories yearly average (+) | 1,031.7 | 660.3 |
| Accounts receivable yearly average (+) | 998.0 | 552.8 |
| Accounts payable yearly average (-) | -682.8 | -432.2 |
| Working capital, average (WC) | 1,346.9 | 780.9 |
| Operating margin | ||
| Operating profit/loss as a percentage of net sales. | ||
| 2021 | 2020 | |
| Profit/loss according to the income statement | 996.3 | 672.5 |
| Net sales according to the income statement | 7,992.6 | 5,273.3 |
| Operating margin | 996.3/7,992.6=12.5% | 672.5/5,273.3=12.8% |
| Equity ratio | ||
| Equity as a percentage of total assets | ||
| The equity ratio is used to analyse financial risk and shows how much of the assets are financed with equity. | ||
| 2021 | 2020 | |
| Equity according to balance sheet | 4,290.9 | 1,890.3 |
| Total assets according to balance sheet | 10,595.7 | 4,149.6 |
| Equity ratio | 4,290.9/10,595.7=40.5% | 1,890.3/4,149.6= 45.6% |
| Debt/equity ratio | ||
| Interest-bearing liabilities and interest-bearing provisions in relation to equity. | ||
| According to balance sheet | 2021 | 2020 |
| Non-current interest-bearing liabilities | 787.8 | 241.6 |
| Provisions for pensions | 81.5 | 80.5 |
| Interest-bearing provisions | 31.9 | 29.5 |
| Current interest-bearing liabilities | 3,314.3 | 564.2 |
| Interest-bearing liabilities and provisions | 4,215.5 | 915.8 |
| Equity according to balance sheet | 4,290.9 | 1,890.3 |
| Debt/equity ratio | 4,215.5/4,290.9=1.0 | 915.8/1,890.3= 0.5 |
| Capital employed | ||
| Total assets less non-interest-bearing liabilities and provisions | ||
| According to balance sheet | 2021 | 2020 |
| Deferred tax liabilities | 489.4 | 161.5 |
| Accounts payable | 796.2 | 648.8 |
| Tax liabilities | 109.5 | 81.1 |
| Other liabilities | 302.2 | 231.4 |
| Accrued expenses and deferred income | 380.2 | 210.1 |
| Provisions | 9.7 | 9.4 |
| Non-interest-bearing liabilities and provisions | 2,087.2 | 1,342.3 |
| Total assets according to balance sheet | 10,595.7 | 4,149.6 |
| Capital employed | 10,595.7-2,087.2=8,508.5 | 4,149.6-1,342.3=2,807.3 |
| Profit margin | ||
| Profit before taxes in percentage of net sales | ||
| 2021 | 2020 | |
| Profit/loss before taxes according to the income statement | 927.2 | 659.0 |
| Net sales according to the income statement | 7,992.6 | 5,273.3 |
| Profit margin | 927.2/7,992.6=11.6% | 659.0/5,273.3=12.5% |
Latest updated: 3/7/2022 4:11:31 PM by sophia.dernulf@add.life