Key figures    
Amounts in SEK million (unless otherwise stated) 2019 2018 2017 2016 2015
Result
Net sales 18,503 18,274 14,044 12,388 11,486
EBITDA 3,155 3,113 2,228 1,871 1,727
EBITDA before i.a.c. 3,252 3,205 2,181 1,919 1,703
Operating profit (EBIT) 2,338 2,587 1,907 1,573 1,436
Operating profit (EBIT) before i.a.c 2,435 2,679 1,860 1,621 1,412
Margins
EBITDA (%) 17.1 17.0 15.9 15.1 15.0
EBITDA before i.a.c. (%) 17.6 17.5 15.5 15.5 14.8
Operating profit (EBIT) (%) 12.6 14.2 13.6 12.7 12.5
Operating profit (EBIT) before i.a.c (%) 13.2 14.7 13.2 13.1 12.3
Return on operating capital
Return on operating capital (%) 9 10 10 9 9
Return on operating capital ex goodwill and trademarks (%) 28.3 30.5 33.0 31.6 36
Financial position
Total assets 36,681 34,111 31,005 22,308 19,959
Interest bearing debt 13,109 12,349 11,230 5,318 5,291
Equity 17,363 16,029 14,514 13,977 11,883
Capital employed 30,472 28,378 25,744 19,295 17,174
Operating capital 26,183 26,265 24,585 17,696 16,341
Operating capital ex goodwill and trademarks 7,308 8,062 7,569 4,971 4,434
Equity ratio (%) 47 47 47 63 60
Leverage 2.4 2.8 3.3 1.7 2.4
           
Updated January 31, 2020