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Notes for P&L

All amounts in SEKm unless otherwise stated

Note 5 Net sales by revenue type and business area

  Medtech   Labtech
  2025 2024   2025 2024
Products 5,362 5,282   2,795 2,681
Instruments 493 549   844 800
Services 640 665   314 316
Total 6,495 6,496   3,953 3,797
  2025   2024
  Labtech Medtech Group items Total   Labtech Medtech Group items Total
Ireland 1 1,329 1,330   1 1,273 1,274
United Kingdom 27 1,223 1,250   24 1,305 1,329
Sweden 679 547 1,226   626 471 1,097
Spain 108 970 1,078   56 929 985
Norway 371 457 828   340 503 843
Italy 529 202 731   469 210 679
Denmark 429 252 681   492 267 759
Finland 384 172 556   388 170 558
Germany 125 330 455   134 338 472
Switzerland 76 304 380   82 328 410
Other countries 1,224 709 -6 1,927   1,185 702 -7 1,880
Total 3,953 6,495 -6 10,442   3,797 6,496 -7 10,286

Regarding other revenue types, dividends and interest income are recognised in financial items, see Note 12.

Parent Company

Of the Parent Company’s net sales of SEK 80 million (75), 100 percent (100) relate to intra-group sales. Of administrative expenses in the Parent Company of SEK 117 million (104), 0 percent (0) relates to purchases from Group companies.

Accounting principle

Revenue is recognized at the fair value of the consideration received or to be received. Deductions are made for value-added tax, returns, discounts, and price reductions. Sales are made on credit, normally with payment terms of 30–60 days. The contracts have an original expected duration of no more than one year, and the Group therefore applies the exemption from disclosing the transaction price allocated to remaining performance obligations.

Sale of goods and instruments

The majority of AddLife’s net sales consist of sales of goods and instruments. For these, revenue is recognized at a point in time, which is when control of the products has been transferred to the customer. The transfer of control, and thus revenue recognition, normally depends on the delivery terms, which usually coincide with delivery to the customer. At that point, the selling company no longer has any significant control over the goods or any continuing involvement in their management.

Discounts

It happens that products are sold with volume discounts, based on total sales during a certain period of time. Revenue from such agreements is calculated and reported based on experience and probability.

Sale of goods and services combined

The AddLife Group also has certain agreements that cover both goods and services. The services consist, for example, of installation and training related to instruments sold. Hardware, installation and training constitute separate performance obligations, and revenue from these is therefore recognised by allocating the sales value to the different performance obligations. Revenue is recognised when each respective performance obligation is satisfied. Revenue from products is recognised at a point in time. The performance obligations for installation and training are recognised over the period during which the services are provided, which is a short period of time that occurs in close connection with the point at which control of the hardware is transferred to the customer.

Sale of services

Other services form a limited part of AddLife's business. Services are performed for a limited period of time and are reported in the period when the service has been delivered to the counterparty.

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