Interim report Q3 2023

Increased net sales and positive cash flow

Quarter July-September 2023

  • Net sales amounted to SEK 139.6 million (125.6), an increase of 11.2 percent. Adjusted for currency effects, an increase of 4.3 percent.
  • Gross profit was SEK 57.8 million (51.1), corresponding to a gross margin of 41.4 percent (40.7).
  • Operating profit was SEK 7.9 million (3.6), corresponding to an operating margin of 5.7 percent (2.9).
  • Profit for the period amounted to SEK 4.6 million (2.4).
  • Basic earnings per share amounted to SEK 0.12 (0.09) and diluted earnings per share amounted to SEK 0.12 (0.09).*
Key figures Jul-Sep 2023 Jul-Sep 2022 Jan - Sep 2023 Jan - Sep 2022 Oct 22 - Sep 23 Oct 21 - Sep 22
Sales growth, % 11.2 12.4 6.1 23.5 6.2 -4.9
Net sales, SEK million 139.6 125.6 423.2 398.9 572.4 539.2
Gross margin, % 41.4 40.7 43.4 40.4 43.8 40.6
Operating profit (EBIT), SEK million 7.9 3.6 28.8 18.9 38.8 32.7
Operating margin (EBIT), % 5.7 2.9 6.8 4.7 6.8 6.1
Profit after tax, SEK million 4.6 2.4 16.5 9.8 19.4 27.1
Net cash (+) net debt (-), SEK million 12.7 -73.7 12.7 -73.7 12.7 -73.7
Return on equity, % 0.9 0.7 3.4 3.1 4.1 8.7
Net cash (+) net debt (-)/EBIT (R12), times 0.3 -2.2 0.3 -2.2 0.3 -2.2
Diluted earnings per share, SEK* 0.12 0.09 0.43 0.36 0.13 0.25
Cash flow from operating activities, SEK million 27.8 -15.8 22.3 -24.7 35.6 -12.9

 

* Fund issue elements from the new share issue in Q4 2022 has been taken into account in the calculation of earnings per share before and after dilution, which is why the comparative figures have been recalculated. 

 

Created with Highcharts 9.2.2Net salesOperating profitNet sales and operating profit, rolling 12 monthsNet sales, SEK millionEBIT, SEK millionQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 20230100200300400500600-50050100
Latest updated: 11/8/2023 5:16:23 PM by