(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