Key figures
Amounts in SEK million (unless otherwise stated)	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016	Q4 2015	Q3 2015	Q2 2015	Q1 2015	Q4 2014	Q3 2014	Q2 2014	Q1 2014
Result
Net sales	7,576	8,498	7,518	5,542	5,545	5,571	4,858	4,213	4,466	3,329	4,199	3,919	4,605	5,329	4,650	4,070	4,501	5,260	4,442	3,252	3,399	3,949	3,443	2,786	3,142	3,461	2,999	2,523	2,885	3,202	2,875	2,207	2,148	2,450	2,001
EBITDA	958	1,523	1,147	771	987	1,100	917	701	867	504	597	445	792	1,100	818	469	835	1,048	761	280	724	729	495	250	501	646	473	255	441	536	495	167	305	373	298
EBITDA before i.a.c.	1,284	1,538	1,306	808	1,010	1,158	922	653	881	565	629	505	829	1,100	818	561	835	1,048	761	399	558	729	495	287	501	657	473	272	436	557	438	230	305	391	298
EBITA	731	1,316	955	595	856	979	795	584	749	376	467	315	658	974	694	386	757	973	689	216	665	667	436	191	443	590	417	200	384	480	440	110	257	325	255
EBITA before i.a.c	1,057	1,330	1,114	632	879	1,037	801	536	763	438	498	375	695	974	694	478	757	973	689	335	499	667	436	228	443	601	473	272	436	557	497	173	257	343	255
Operating profit (EBIT)	575	1,166	812	470	762	898	725	514	676	300	389	238	583	900	618	328	702	919	638	191	648	650	418	173	426	573	400	183	367	463	423	100	257	325	255
Operating profit (EBIT) before i.a.c.	901	1,180	971	507	785	955	731	466	690	361	421	298	619	900	618	420	702	919	638	310	482	650	418	210	426	584	400	200	362	484	366	163	257	343	255
Margins
EBITDA	12.6	17.9	15.3	13.9	17.8	19.8	18.9	16.6	19.4	15.1	14.2	11.4	17.2	20.6	17.6	11.5	18.6	19.9	17.1	8.6	21.3	18.5	14.4	9.0	16.0	18.7	15.8	10.1	15.3	16.7	17.2	7.5	14.2	15.2	14.9
EBITDA before i.a.c.	17.0	18.1	17.4	14.6	18.2	20.8	19.0	15.5	19.7	17.0	15.0	12.9	18.0	20.6	17.6	13.8	18.6	19.9	17.1	12.3	16.4	18.5	14.4	10.3	16.0	19.0	15.8	10.8	15.1	17.4	15.3	10.4	14.2	16.0	14.9
EBITA	9.6	15.5	12.7	10.7	15.4	17.6	16.4	13.9	16.8	11.3	11.1	8.0	14.3	18.3	14.9	9.5	16.8	18.5	15.5	6.6	19.6	16.9	12.7	6.9	14.1	17	13.9	7.9	13.3	15	15.3	5.0	12.0	13.3	12.7
EBITA before i.a.c.	14.0	15.7	14.8	11.4	15.8	18.6	16.5	12.7	17.1	13.2	11.9	9.6	15.1	18.3	14.9	11.7	16.8	18.5	15.5	10.3	14.7	16.9	12.7	8.2	14.1	17.4	15.8	10.8	15.1	17.4	17.3	7.8	12.0	14.0	12.7
Operating profit (EBIT)	7.6	13.7	10.8	8.5	13.7	16.1	14.9	12.2	15.1	9.0	9.3	6.1	12.7	16.9	13.3	8.1	15.6	17.5	14.4	5.9	19.1	16.5	12.1	6.2	13.6	16.6	13.3	7.3	12.7	14.5	14.7	4.5	12.0	13.3	12.7
Operating profit (EBIT) before i.a.c.	11.9	13.9	12.9	9.2	14.2	17.2	15.0	11.1	15.5	10.9	10.0	7.6	13.5	16.9	13.3	10.3	15.6	17.5	14.4	9.5	14.2	16.5	12.1	7.5	13.6	16.9	13.3	7.9	12.6	15.1	12.7	7.4	12.0	14.0	12.7
Return on operating capital
Return on operating capital	7.7	9.1	9.3	9.9	11.3	11.3	8.9	7.4	6.1	5.6	7.7	8.6	8.9	9.5	10	10	9	10	10	10	11	9	9	9	9	9	9	9	9	8	8	7	8	8	7
Return on operating capital excl goodwill and trademarks	27.3	33.0	34.1	36.9	42.3	41.9	33.1	26.9	21.5	19.4	26.3	28.3	28.8	30.0	29.9	30.5	29.3	32.1	32.3	33	37	32	31	32	33	33	33	36	36	37	36	35	43	42	43
Financial position
Total assets	62,090	59,931	55,022	52,030	46,617	41,751	38,705	37,615	38,559	38,987	38,880	36,681	37,802	36,273	37,472	34,111	34,870	33,926	32,538	31,005	22,305	22,413	22,893	22,308	21,626	21,048	20,084	19,959	19,113	19,301	20,439	19,069	16,110	16,088	15,363
Interest-bearing debt	19,384	18,739	16,907	16,802	16,610	13,395	13,525	14,252	15,050	15,293	13,985	13,109	12,703	13,142	14,155	12,349	13,374	12,295	11,825	11,230	4,864	5,078	5,187	5,318	5,132	5,115	5,072	5,291	9,371	9,348	10,329	9,984	8,372	8,470	7,865
Equity	28,048	25,965	23,871	22,447	21,383	20,593	17,727	16,201	17,228	17,270	17,995	17,363	17,793	16,782	16,970	16,029	16,064	15,824	15,182	14,514	14,028	13,826	14,294	13,977	13,422	12,840	12,081	11,883	6,901	6,871	6,988	6,459	5,289	5,164	5,188
Capital employed	47,431	44,704	40,779	39,249	37,992	33,988	31,253	30,453	32,278	32,563	31,980	30,472	31,406	29,924	31,125	28,378	29,438	28,119	27,007	25,744	18,892	18,904	19,481	19,295	18,554	17,955	17,153	17,174	16,272	16,219	17,317	16,442	13,661	13,634	13,053
Operating capital	43,339	41,119	37,640	34,841	28,033	26,596	25,492	22,541	25,357	26,373	27,784	26,183	27,783	27,306	27,762	26,265	26,418	27,030	25,941	24,585	17,129	17,735	18,268	17,696	17,394	17,225	16,740	16,341	15,750	15,757	16,292	15,850	13,184	13,159	12,648
Operating capital excl. goodwill and trademarks	12,883	11,973	10,459	8,894	7,572	7,598	6,910	5,336	6,994	7,569	8,015	7,308	8,205	8,505	8,976	8,062	8,459	8,837	8,578	7,569	4,907	5,249	5,396	4,971	4,947	5,055	4,885	4,434	3,855	3,795	3,926	3,606	2,228	2,447	2,352
Equity ratio	45	43	43	43	46	49	46	43	45	44	46	47	47	46	45	47	46	47	47	47	63	62	62	63	62	61	60	60	36	36	34	34	33	32	34
Leverage	3.0	2.9	2.7	2.6	1.5	1.4	1.5	2.0	2.8	3.1	2.8	2.4	2.7	2.8	3.0	2.8	3.0	3.3	3.3	3.3	1.3	1.7	1.8	1.7	1.8	2.1	2.4	2.4	5.1	5.6
Updated October 26, 2022