MSEK | 2019 1) | 2018 |
2017 |
2016 |
2015 2) |
Income statement items, segment reporting | |||||
Net sales | 55,349 | 52,233 | 49,981 | 46,054 | 44,376 |
Operating profit | 2,610 | 2,573 | 2,418 | 2,044 | 1,009 |
Pre-tax items | 2,579 | 2,518 | 2,458 | 1,996 | 906 |
Profit for the year | 2,138 | 2,100 | 2,067 | 1,685 | 798 |
Income statement items, IFRS |
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Net sales | 53,303 | 52,233 | 49,981 | 46,054 | 44,376 |
Operating profit | 3,285 | 2,573 | 2,418 | 2,044 | 1,009 |
Pre-tax items | 3,227 | 2,518 | 2,458 | 1,996 | 906 |
Profit for the year | 2,656 | 2,100 | 2,067 | 1,685 | 798 |
Balance sheet items, segment reporting |
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Fixed assets | 12,261 | 11,317 | 11,226 | 9,901 | 9,323 |
Current assets | 26,101 | 25,999 | 20,899 | 21,448 | 18,718 |
Total assets | 38,362 | 37,316 | 32,125 | 31,349 | 28,041 |
Shareholders' equity | 12,479 | 11,348 | 10,332 | 9,340 | 8,076 |
Long-term liabilities | 4,428 | 6,294 | 3,614 | 3,864 | 4,505 |
Current liabilities | 21,455 | 19,674 | 18,179 | 18,145 | 15,460 |
Total shareholders' equity and liabilities | 38,362 | 37,316 | 32,125 | 31,349 | 28,041 |
Balance sheet items, IFRS |
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Fixed assets | 13,087 | 11,317 | 11,226 | 9,901 | 9,323 |
Current assets | 30,601 | 25,999 | 20,899 | 21,448 | 18,718 |
Total assets | 43,688 | 37,316 | 32,125 | 31,349 | 28,041 |
Shareholders' equity | 11,559 | 11,348 | 10,332 | 9,340 | 8,076 |
Long-term liabilities | 5,215 | 6,294 | 3,614 | 3,864 | 4,505 |
Current liabilities | 26,914 | 19,674 | 18,179 | 18,145 | 15,460 |
Total shareholders' equity and liabilities | 43,688 | 37,316 | 32,125 | 31,349 | 28,041 |
Key ratios, segment reporting |
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Operating margin, percent | 4.7 | 4.9 | 4.8 | 4.4 | 2.3 |
Shareholders' equity, average during the year | 11,944 | 10,371 | 9,705 | 8,579 | 8,088 |
Shareholders' equity, attributable to owners of the parent, average during the year | 11,942 |
10,730 |
9,704 |
8,579 |
8,088 |
Return on equity, percent | 17.9 | 19.6 | 21.3 | 19.6 | 9.9 |
Capital employed, at year-end | 21,617 | 18,360 | 14,074 | 14,362 | 14,476 |
Capital employed, average during the year | 21,421 | 16,761 | 13,972 | 14,122 | 14,224 |
Return on capital employed, percent | 12.8 | 15.9 | 18.7 | 15.9 | 8.2 |
Equity/assets ratio, percent | 32.5 | 30.4 | 32.2 | 29.8 | 28.8 |
Net debt | 7,535 | 3,551 | 1,216 | 1,862 | 3,118 |
Debt/equity ratio, multiple | 0.6 | 0.3 | 0.1 | 0.2 | 0.4 |
Interest coverage ratio, multiple | 18.7 | 21.6 | 21.8 | 12.9 | 5.5 |
Key ratios, IFRS |
|||||
Operating margin, percent | 5.8 | 4.9 | 4.8 | 4.4 | 2.3 |
Shareholders' equity, average during the year | 10,940 | 10,371 | 9,705 | 8,579 | 8,088 |
Shareholders' equity, attributable to owners of the parent, average during the year | 10,938 |
10,730 |
9,704 |
8,579 |
8,088 |
Return on equity, percent | 24.3 | 19.6 | 21.3 | 19.6 | 9.9 |
Capital employed, at year-end | 26,336 | 18,360 | 14,074 | 14,362 | 14,476 |
Capital employed, average during the year | 25,905 | 16,761 | 13,972 | 14,122 | 14,224 |
Return on capital employed, percent | 13.2 | 15.9 | 18.7 | 15.9 | 8.2 |
Equity/assets ratio, percent | 26.5 | 30.4 | 32.2 | 29.8 | 28.8 |
Net debt | 13,174 | 3,551 | 1,216 | 1,862 | 3,118 |
Debt/equity ratio, multiple | 1.1 | 0.3 | 0.1 | 0.2 | 0.4 |
Interest coverage ratio, multiple | 19.6 | 21.6 | 21.8 | 12.9 | 5.5 |
Capital expenditures |
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Goodwill | 8 | 23 | 61 | 40 | -17 |
Other intangible assets | 127 | 98 | 113 | 34 | 5 |
Investment properties | -70 | -262 | 265 | - | - |
Buildings and land | 439 | -31 | 181 | 200 | -94 |
Machinery and equipment | 1,172 | 1,193 | 1,292 | 1,175 | 627 |
Shares and participations | 1,164 | 169 | -563 | 303 | -210 |
Project and development properties, segment reporting | -267 | 2,103 | 702 | 324 | 291 |
Project and development properties, IFRS | -244 | 2,103 | 702 | 324 | 291 |
Orders 3, 4) |
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Orders received | 44,130 | 51,087 | 48,999 | 41,445 | 37,812 |
Order backlog | 42,494 | 45,819 | 40,205 | 33,572 | 26,991 |
Personnel |
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Number of employees, at year-end | 14,258 | 14,614 | 14,344 | 13,869 | 13,300 |
Average number of employees | 14,309 | 14,661 | 14,578 | 13,712 | 13,036 |
1) As of the fiscal year 2020 Peab consolidates projects with Swedish tenant-owned associations until the point in time the homebuyers take possession of their condominiums. The difference consists primarily of the disparities in accounting principles for our own developed housing projects where income and expenses are recognized over time in segment reporting and at certain point in time, when homebuyers take possession of their homes, in reporting according to IFRS. Comparable figures for 2019 have been translated. For more information see peab.com/ifrs.
2) Not recalculated according to IFRS 15.
3) The order situation is based on segment reporting. Regarding our own developed housing projects, tenant-owned associations and housing companies are considered external customers.
4) As of 2017 certain sections of Industry’s orders received and order backlog are presented.