(Figures 2015 include Gatso Beheer BV as of August 2015)
INCOME STATEMENT
|
2019
|
IFRS 16
|
2019 excluding IFRS 16
|
2018
|
2017
|
2016
|
2015
|
Sales |
406,325 |
0 |
406,325 |
380,349 |
293,094 |
436,607 |
397,825 |
Operating expenses |
-430,717 |
893 |
-431,610 |
-379,760 |
-346,762 |
-459,848 |
-349,122 |
Operating profit/loss |
-24,392 |
893 |
-25,285 |
589 |
-53,657 |
-23,241 |
48,703 |
Financial items |
-3,137 |
-1,606 |
-1,531 |
-1,685 |
-10,552 |
-6,724 |
-1,422 |
Profit/loss before tax |
-27,529 |
-713 |
-26,816 |
-1,096 |
-64,209 |
-29,965 |
47,281 |
Income tax |
12,418 |
0 |
12,418 |
-1,376 |
3,470 |
5,581 |
-6,352 |
Profit/loss for the year |
-15,111 |
-713 |
-14,398 |
-2,472 |
-60,733 |
-24,384 |
40,929 |
|
|
|
|
|
|
|
|
BALANCE SHEETS
|
2019
|
IFRS 16
|
2019
excluding
IFRS 16
|
2018
|
2017
|
2016
|
2015
|
Noncurrent assets |
456,830 |
32,735 |
424,095 |
404,160 |
403,596 |
449,635 |
462,413 |
Current assets |
249,047 |
0 |
249,047 |
227,502 |
220,671 |
159,848 |
313,144 |
Total assets |
705,877 |
32,735 |
673,143 |
631,662 |
624,267 |
609,483 |
775,557 |
Shareholders' equity |
448,854 |
-713 |
449,567 |
454,796 |
421,179 |
386,623 |
387,352 |
Noncurrent liabilities |
76,901 |
23,109 |
65,756 |
67,949 |
87,111 |
116,025 |
147,366 |
Current liabilities |
180,122 |
10,339 |
169,784 |
108,917 |
115,977 |
106,835 |
240,839 |
Total shareholders' equity and liabilities |
705,877 |
32,735 |
685,107 |
631,662 |
624,267 |
609,483 |
775,557 |
|
|
|
|
|
|
|
|
DATA PER SHARE
|
2019
|
IFRS 16
|
2019 excluding IFRS 16
|
2018
|
2017
|
2016
|
2015
|
Earnings per share 31 Dec, SEK |
-0.02 |
0 |
-0.02 |
0.00 |
-0.07 |
-0.04 |
0.07 |
Shareholders' equity per share, SEK |
0.52 |
0 |
0.52 |
0.53 |
0.50 |
0.59 |
0.59 |
Dividend per share, SEK |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Share price 31 Dec, SEK |
1.36 |
- |
1.36 |
1.82 |
1.53 |
1.41 |
3.61 |
P/E ratio |
Neg |
Neg |
Neg |
Neg |
Neg |
Neg |
51.6 |
Number of shares at end of period before full conversion, thousand |
860,024 |
- |
860,024 |
860,024 |
844,914 |
657,155 |
657,155 |
Number of shares at end of period after full conversion, thousand |
860,024 |
- |
860,024 |
860,024 |
844,914 |
657,155 |
657,155 |
Average number of shares during the period before full conversion, thousand |
860,024 |
- |
860,024 |
848,691 |
673,102 |
657,155 |
589,826 |
KEY FIGURES & RATIOS
|
2019
|
2018
|
2017
|
2016
|
2015
|
EBITDA |
28,567 |
37,562 |
-15,864 |
25,347 |
75,651 |
Adjusted EBITDA |
28,567 |
37,562 |
-15,864 |
29,446 |
75,651 |
Gross margin, % |
35.7 |
42.5 |
39.6 |
33.6 |
41.7 |
Operating margin, % |
Neg |
0 |
Neg |
Neg |
12.2 |
Net margin, % |
Neg |
0 |
Neg |
Neg |
10.3 |
Equity/assets ratio, % |
63.4 |
71.8 |
67.3 |
63.4 |
49.9 |
Return on equity, % |
Neg |
Neg |
Neg |
Neg |
15.5 |
Interest-bearing liabilities |
129,378 |
58,891 |
82,353 |
99,174 |
214,665 |
Net interest bearing debt |
77,002 |
-17,716 |
23,422 |
67,531 |
97,301 |
Change in cash and bank balances |
-24,543 |
17,527 |
26,099 |
-39,130 |
-1,183 |
Cash flow from operations |
-3,740 |
49,307 |
-39,250 |
88,418 |
71,317 |
Order intake |
561,940 |
480,284 |
348,918 |
199,858 |
292,408 |
Average number of employees (FTE) |
202 |
162 |
154 |
151 |
178 |
Definitions of key figures & ratios
Operating margin |
Profit after depreciation and amortisation as a percentage of the year's invoicing. |
Net margin |
Operating profit as a percentage of the year's invoicing. |
Equity/assets ratio |
Adjusted equity as a percentage of total assets. |
Risk-bearing capital |
Adjusted equity + deferred tax liabilities in untaxed reserves as a percentage of total assets. |
Net interest bearing debt |
Short term dept + long term dept - cash and cash equivalents |
EBITDA |
Operating profit before depreciation. |
Adjusted EBITDA |
The adjusted EBITDA figure concern the EBITDA adjusted for in 2016. The following effects have been adjusted for;
- transformation program -16,025
- continguent liability 11,926 |
FIVE YEAR SUMMARY PARENT COMPANY
|
2019
|
2018
|
2017
|
2016
|
2015
|
Sales |
7,981 |
6,041 |
6,276 |
118,749 |
190,284 |
Profit/loss before tax |
5,175 |
-773 |
-14,422 |
-17,207 |
38,543 |
Total assets |
499,000 |
502,440 |
502,766 |
496,907 |
569,848 |
Average number of employees |
1 |
1 |
1 |
35 |
40 |