Definitions
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. | ||
| 2024 | 2023 | |
| Profit/loss for the period | 254 | 192 |
| Average equity | 5,147 | 5,117 |
| Return on equity | 254/5,147=5% | 192/5,117=4% |
| 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. | ||
| 2024 | 2023 | |
| Operating profit before amortization of intangible assets EBITA, P | 1,159 | 1,135 |
| Average working capital, WC | 2,284 | 2,290 |
| P/WC | 1,159/2,284=51% | 1,135/2,290=50% |
| Return on capital employed | ||
| Profit after net financial items plus interest expenses plus/minus exchange rate fluctuations in percent of average capital employed. | ||
| 2024 | 2023 | |
| Profit/loss before taxes according to the income statement | 405 | 339 |
| Interest expenses note 12 (+) | 300 | 276 |
| Net exchange rate fluctuations, note 12 | 0 | -32 |
| Profit after net financial items plus exchange rate fluctuations | 705 | 583 |
| Capital employed yearly average | 10,645 | 10,898 |
| Return on capital employed | 705/10,645=7% | 583/10,898=5% |
| 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. | ||
| 2024 | 2023 | |
| Profit/loss according to the income statement | 721 | 585 |
| Depreciation property, plant and equipment according to Note 16 (+) | 188 | 204 |
| Amortisation intangible assets according to Note 15 (+) | 438 | 550 |
| Depreciation right-of-use assets to Note 17 (+) | 186 | 165 |
| Operating profit before depreciation and amortisation, EBITDA | 1,533 | 1,504 |
| EBITA / EBITA excluding one-off costs | ||
| EBITA is operating profit before amortization of intangible assets. EBITA excluding one-off costs is adjusted for contingent considerations and restructuring costs. | ||
| EBITA is used to analyse profitability generated by operational activities. | ||
| 2024 | 2023 | |
| Profit/loss according to the income statement | 721 | 585 |
| Amortisation intangible assets according to Note 15 (+ | 438 | 550 |
| Operating profit before amortization of intangible assets, EBITA | 1,159 | 1,135 |
| One-off costs | ||
| Restructuring reserve AddVision | – | 8 |
| Restructuring reserve Camanio | 10 | – |
| Write-down tangible assets Camanio Health | – | 19 |
| Revalued contingent consideration | -4 | -147 |
| EBITA excluding one-off costs | 1,165 | 1,015 |
| EBITA margin | ||
| EBITA in percentage of net sales. | ||
| EBITA margin is used to analyse asset-creating generated from operational activities. | ||
| 2024 | 2023 | |
| Operating profit before amortization of intangible assets | 1,159 | 1,135 |
| Net sales according to the income statement | 10,286 | 9,685 |
| EBITA margin | 1,159/10,286=11.3% | 1,135/9,685=11.7% |
| EBITA excluding one-off costs | 1,165 | 1,015 |
| EBITA margin excluding one-off costs | 1,165/10,286=11.3% | 1,015/9,685=10.5% |
| Equity per share | ||
| Shareholders' proportion of equity divided by the number of shares outstanding at the end of the reporting period. | ||
| 2024 | 2023 | |
| Shareholders' proportion of equity according to the balance sheet | 5,306 | 4,958 |
| Number of shares outstanding at the end of the reporting period, 000 | 121,864 | 121,857 |
| Equity per share | 5,306/121,864=43.54 | 4,958/121,857=40.69 |
| Cash flow per share | ||
| Cash flow from operating activities. divided by the average number of shares. | ||
| 2024 | 2023 | |
| Cash flow from operating activities | 1,095 | 773 |
| Average number of shares | 121,863 | 121,856 |
| Cash flow per share | 1,095/121,863=8.98 | 773/121,856=6.35 |
| Net debt/equity ratio | ||
| Financial net liabilities in relation to shareholders’ equity. | ||
| Net debt/equity ratio is used to analyse financial risk. | ||
| 2024 | 2023 | |
| Financial net liabilities | 4,920 | 5,192 |
| Equity according to balance sheet | 5,309 | 4,960 |
| Net debt/equity ratio | 4,920/5,309=0.9 | 5,192/4,960=1.0 |
| Earnings per share (EPS) | ||
| Shareholders' proportion of profit/loss for the year in relation to the average number of shares outstanding. | ||
| 2024 | 2023 | |
| Shareholders' proportion of profit for the year according to the income statement | 252 | 190 |
| Average number of shares | 121,863 | 121,856 |
| Earnings per share (EPS) | 252/121,863=2.06 | 190/121,856=1.56 |
| 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. | ||
| 2024 | 2023 | |
| Operating profit before amortisation of intangible assets, EBITA (+) | 1,159 | 1,135 |
| Previous year’s operating profit before amortization of intangible assets, EBITA (-) | -1,135 | -1,221 |
| Earnings growth EBITA | 24 | -86 |
| Profit growth EBITA | 24/1,159=2% | -86/1,221=-7% |
| 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 | 2024 | 2023 |
| Non-current interest-bearing liabilities | 4,092 | 2,886 |
| Provisions for pensions | 62 | 64 |
| Interest-bearing provisions | 118 | 110 |
| Current interest-bearing liabilities | 979 | 2,404 |
| Interest-bearing liabilities and provisions. | 5,251 | 5,463 |
| Cash and equivalents (–) | -331 | -272 |
| Financial net liabilities | 4,920 | 5,192 |
| 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. | ||
| 2024 | 2023 | |
| Financial net liabilities | 4,920 | 5,192 |
| Operating profit before depreciation and amortisation, EBITDA | 1,533 | 1,504 |
| Financial net liabilities/EBlTDA | 4,920/1,533=3.2 | 5,192/1,504=3.5 |
| Interest coverage ratio | ||
| Operating profit before depreciation and amortisation(EBITDA) in relation to interest costs. | ||
| 2024 | 2023 | |
| EBITDA | 1,533 | 1,504 |
| Interest expenses | 300 | 276 |
| Interest coverage ratio | 1,533/300=5 | 1,504/276=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. | ||
| 2024 | 2023 | |
| Inventories yearly average (+) | 1,743 | 1,787 |
| Accounts receivable yearly average (+) | 1,537 | 1,434 |
| Accounts payable yearly average (-) | -996 | -931 |
| Working capital, average (WC) | 2,284 | 2,290 |
| Operating margin | ||
| Operating profit/loss as a percentage of net sales. | ||
| 2024 | 2023 | |
| Profit/loss according to the income statement | 721 | 585 |
| Net sales according to the income statement | 10,286 | 9,685 |
| Operating margin | 721/10,286=7.0% | 585/9,685=6.0% |
| 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. | ||
| 2024 | 2023 | |
| Equity according to balance sheet | 5,309 | 4,960 |
| Total assets according to balance sheet | 13,055 | 12,745 |
| Equity ratio | 5,309/13,055=41% | 4,960/12,745=39% |
| Debt/equity ratio | ||
| Interest-bearing liabilities and interest-bearing provisions in relation to equity. | ||
| According to balance sheet | 2024 | 2023 |
| Non-current interest-bearing liabilities | 4,092 | 2,886 |
| Provisions for pensions | 62 | 64 |
| Interest-bearing provisions | 118 | 110 |
| Current interest-bearing liabilities | 979 | 2,404 |
| Interest-bearing liabilities and provisions | 5,251 | 5,463 |
| Equity according to balance sheet | 5,309 | 4,960 |
| Debt/equity ratio | 5,251/5,309=1.0 | 5,464/4,960=1.1 |
| Capital employed | ||
| Total assets less non-interest-bearing liabilities and provisions | ||
| According to balance sheet | 2024 | 2023 |
| Deferred tax liabilities | 374 | 415 |
| Accounts payable | 1,098 | 1,015 |
| Tax liabilities | 69 | 39 |
| Other liabilities | 367 | 299 |
| Accrued expenses and deferred income | 531 | 504 |
| Provisions | 141 | 46 |
| Non-interest-bearing liabilities and provisions | 2,580 | 2,317 |
| Total assets according to balance sheet | 13,055 | 12,745 |
| Capital employed | 13,055-2,580=10,475 | 12,745-2,317=10,428 |
| Profit margin | ||
| Profit before taxes in percentage of net sales | ||
| 2024 | 2023 | |
| Profit/loss before taxes according to the income statement | 405 | 339 |
| Net sales according to the income statement | 10,286 | 9,685 |
| Profit margin | 405/10,286=3.9% | 339/9,685=3.5% |
Latest updated: 3/21/2025 12:08:30 PM by Johanna Prim