Year-end report January-December 2021

Finishing the year with record quarter

Quarter October-December 2021

  • Net sales amounted to SEK 140.3 (92.7) million, an increase of 51.4 percent. After adjustment for currency effects, the increase is 50.3 percent.
  • The number of instruments sold amounted to 1326 (834), an increase of 59 percent.
  • Cash flow from operating activities amounted to SEK 11.8 (25.3) million.
  • Operating profit was SEK 13.8 (-41.6) million, corresponding to an operating margin of 9.9 (-44.9) percent. Operating profit for 2020 included a write-off of intangible assets (-40.0 million).
  • Profit after tax amounted to SEK 17.3 (-32.6) million.
  • Earnings per share before dilution amounted to SEK 0.89 (-1.68) and after dilution amounted to SEK 0.87 (-1.63).

Full year 2021

  • Net sales amounted to SEK 463.3 (400.5) million, an increase of 15.7 percent. After adjustment for currency effects, the increase is 20.8 percent.
  • The number of instruments sold amounted to 4,227 (3,047), an increase of 39 percent.
  • Cash flow from operating activities amounted to SEK 43.2 (75.2) million.
  • Operating profit/loss was SEK 36.0 (-5.9) million which corresponds to an operating margin of 7.8 (-1.5) percent.
  • Net profit/loss amounted to SEK 23.3 (-48.0) million.
  • Earnings per share before dilution amounted to SEK 1.20 (-2.47) and after dilution amounted to SEK 1.17 (-2.40).
  • The Board of Directors proposes a dividend of SEK 0.55 per share for 2021 (0.55).
Key figures Oct–Dec 2021 Oct–Dec 2020 Jan–Dec 2021 Jan–Dec 2020
Sales growth, % 51.4 -28.3 15.7 -19.7
Net sales, SEK million 140.3 92.7 463.3 400.5
Gross margin, % 41.2 42.3 42.9 44.2
Operating profit (EBIT), SEK million 13.8 -41.6 36.0 -5.9
Operating margin (EBIT), % 9.9 -44.9 7.8 -1.5
Profit after tax, SEK million 17.3 -32.6 23.3 -48.0
Net debt, SEK million 0.7 -4.7 0.7 -4.7
Return on equity, % 6.2 -11.2 8.2 -15.9
Net debt/EBIT (R12), times 0.0 0.8 0.0 0.8
Diluted earnings per share, SEK 0.87 -1.63 1.17 -2.40
Dynamisk graf:

Q4 2020 incl. a write-down of intangible assets of SEK 40 million.

Latest updated: 3/15/2022 12:41:50 PM by alexander@paziraei.com