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Hufvudstaden AB (publ)










Financial Health of Hufvudstaden




Comparing to competitors in the Real Estate-Diversified industry




  Industry Rankings  


Hufvudstaden AB (publ)
Buy, Hold or Sell?

Should you buy, hold or sell Hufvudstaden?

I guess you are interested in Hufvudstaden AB (publ). Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

Let's analyse Hufvudstaden

Let's start. I'm going to help you getting a better view of Hufvudstaden AB (publ). At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

  1. Company's Financial Health
    A deep dive into the books. How are the numbers doing? Is Hufvudstaden AB (publ) even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
  2. Market Valuation
    Finally, you now have an insight of how Hufvudstaden AB (publ) is doing in the market. If the company is worth buying. The latest step is to find out how other investors value Hufvudstaden AB (publ). The closing price on 2022-12-02 was kr150.00 per share. Is the company over- or underpriced?
  3. Key Performance Indicators
    A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.
Hufvudstaden AB (publ) Daily Candlestick Chart

Summary

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Hufvudstaden AB (publ).

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hufvudstaden earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • A Net Profit Margin of 44.1% means that kr0.44 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hufvudstaden AB (publ):

  • The MRQ is 44.1%. The company is making a huge profit. +2
  • The TTM is 88.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ44.1%TTM88.7%-44.6%
TTM88.7%YOY26.0%+62.7%
TTM88.7%5Y98.9%-10.2%
5Y98.9%10Y134.6%-35.7%
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ44.1%7.8%+36.3%
TTM88.7%9.2%+79.5%
YOY26.0%6.7%+19.3%
5Y98.9%11.1%+87.8%
10Y134.6%13.1%+121.5%
1.1.2. Return on Assets

Shows how efficient Hufvudstaden is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • 0.6% Return on Assets means that Hufvudstaden generated kr0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hufvudstaden AB (publ):

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM1.3%-0.8%
TTM1.3%YOY0.4%+0.9%
TTM1.3%5Y1.2%+0.2%
5Y1.2%10Y1.8%-0.6%
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.7%-0.1%
TTM1.3%0.7%+0.6%
YOY0.4%0.5%-0.1%
5Y1.2%0.7%+0.5%
10Y1.8%0.7%+1.1%
1.1.3. Return on Equity

Shows how efficient Hufvudstaden is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • 0.9% Return on Equity means Hufvudstaden generated kr0.01 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hufvudstaden AB (publ):

  • The MRQ is 0.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.9%TTM2.2%-1.3%
TTM2.2%YOY0.7%+1.5%
TTM2.2%5Y1.9%+0.3%
5Y1.9%10Y3.0%-1.1%
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%1.7%-0.8%
TTM2.2%1.9%+0.3%
YOY0.7%1.4%-0.7%
5Y1.9%1.7%+0.2%
10Y3.0%1.7%+1.3%

1.2. Operating Efficiency of Hufvudstaden AB (publ).

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hufvudstaden is operating .

  • Measures how much profit Hufvudstaden makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • An Operating Margin of 49.3% means the company generated kr0.49  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hufvudstaden AB (publ):

  • The MRQ is 49.3%. The company is operating very efficient. +2
  • The TTM is 107.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ49.3%TTM107.3%-58.0%
TTM107.3%YOY31.2%+76.2%
TTM107.3%5Y117.0%-9.7%
5Y117.0%10Y161.0%-43.9%
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ49.3%17.5%+31.8%
TTM107.3%11.9%+95.4%
YOY31.2%9.7%+21.5%
5Y117.0%13.6%+103.4%
10Y161.0%11.3%+149.7%
1.2.2. Operating Ratio

Measures how efficient Hufvudstaden is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate-Diversified industry mean).
  • An Operation Ratio of 0.51 means that the operating costs are kr0.51 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Hufvudstaden AB (publ):

  • The MRQ is 0.508. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.548. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.508TTM0.548-0.040
TTM0.548YOY0.452+0.096
TTM0.5485Y0.393+0.155
5Y0.39310Y0.357+0.036
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5080.903-0.395
TTM0.5480.855-0.307
YOY0.4520.784-0.332
5Y0.3930.855-0.462
10Y0.3570.774-0.417

1.3. Liquidity of Hufvudstaden AB (publ).

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hufvudstaden is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate-Diversified industry mean).
  • A Current Ratio of 0.23 means the company has kr0.23 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Hufvudstaden AB (publ):

  • The MRQ is 0.229. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.320. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.229TTM0.320-0.091
TTM0.320YOY0.314+0.006
TTM0.3205Y0.367-0.047
5Y0.36710Y0.326+0.041
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2291.611-1.382
TTM0.3201.565-1.245
YOY0.3141.588-1.274
5Y0.3671.534-1.167
10Y0.3261.507-1.181
1.3.2. Quick Ratio

Measures if Hufvudstaden is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • A Quick Ratio of 0.00 means the company can pay off kr0.00 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hufvudstaden AB (publ):

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.103-0.103
TTM0.103YOY0.066+0.037
TTM0.1035Y0.104-0.002
5Y0.10410Y0.091+0.014
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.359-0.359
TTM0.1030.337-0.234
YOY0.0660.408-0.342
5Y0.1040.393-0.289
10Y0.0910.350-0.259

1.4. Solvency of Hufvudstaden AB (publ).

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hufvudstaden assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hufvudstaden to Real Estate-Diversified industry mean.
  • A Debt to Asset Ratio of 0.39 means that Hufvudstaden assets are financed with 38.9% credit (debt) and the remaining percentage (100% - 38.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hufvudstaden AB (publ):

  • The MRQ is 0.389. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.392. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.389TTM0.392-0.003
TTM0.392YOY0.401-0.009
TTM0.3925Y0.385+0.008
5Y0.38510Y0.399-0.015
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3890.569-0.180
TTM0.3920.562-0.170
YOY0.4010.577-0.176
5Y0.3850.564-0.179
10Y0.3990.557-0.158
1.4.2. Debt to Equity Ratio

Measures if Hufvudstaden is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • A Debt to Equity ratio of 63.7% means that company has kr0.64 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hufvudstaden AB (publ):

  • The MRQ is 0.637. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.646. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.637TTM0.646-0.008
TTM0.646YOY0.670-0.025
TTM0.6465Y0.626+0.020
5Y0.62610Y0.667-0.041
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6371.388-0.751
TTM0.6461.365-0.719
YOY0.6701.417-0.747
5Y0.6261.460-0.834
10Y0.6671.457-0.790

2. Market Valuation of Hufvudstaden AB (publ)

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Hufvudstaden generates.

  • Above 15 is considered overpriced but always compare Hufvudstaden to the Real Estate-Diversified industry mean.
  • A PE ratio of 83.45 means the investor is paying kr83.45 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hufvudstaden AB (publ):

  • The EOD is 102.348. Seems overpriced? -1
  • The MRQ is 83.447. Neutral. Compare to industry.
  • The TTM is 57.919. Good. +1
Trends
Current periodCompared to+/- 
EOD102.348MRQ83.447+18.900
MRQ83.447TTM57.919+25.528
TTM57.919YOY476.541-418.621
TTM57.9195Y136.067-78.148
5Y136.06710Y88.840+47.228
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD102.34823.135+79.213
MRQ83.44723.111+60.336
TTM57.91928.899+29.020
YOY476.54126.680+449.861
5Y136.06733.067+103.000
10Y88.84030.142+58.698
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Hufvudstaden.

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Hufvudstaden AB (publ):

  • The MRQ is -310.831. Very Bad. -2
  • The TTM is -1,542.540. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ-310.831TTM-1,542.540+1,231.709
TTM-1,542.540YOY10.655-1,553.195
TTM-1,542.5405Y-289.616-1,252.924
5Y-289.61610Y-356.401+66.785
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
MRQ-310.8310.046-310.877
TTM-1,542.5400.128-1,542.668
YOY10.6550.059+10.596
5Y-289.6160.115-289.731
10Y-356.4010.043-356.444

2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hufvudstaden is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Real Estate-Diversified industry mean).
  • A PB ratio of 0.78 means the investor is paying kr0.78 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Hufvudstaden AB (publ):

  • The EOD is 0.961. Very good. +2
  • The MRQ is 0.783. Very good. +2
  • The TTM is 0.817. Very good. +2
Trends
Current periodCompared to+/- 
EOD0.961MRQ0.783+0.177
MRQ0.783TTM0.817-0.034
TTM0.817YOY0.954-0.136
TTM0.8175Y0.971-0.153
5Y0.97110Y1.112-0.141
Compared to industry (Real Estate-Diversified)
PeriodCompanyIndustry (mean)+/- 
EOD0.9610.691+0.270
MRQ0.7830.739+0.044
TTM0.8170.879-0.062
YOY0.9540.885+0.069
5Y0.9710.832+0.139
10Y1.1120.632+0.480
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hufvudstaden AB (publ) compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.4662.732-46%0.973+51%1.870-22%2.356-38%
Book Value Growth--0.9040.9050%0.903+0%0.9040%0.9050%
Book Value Per Share--156.162154.313+1%141.530+10%142.481+10%115.087+36%
Book Value Per Share Growth--0.0090.018-47%0.007+41%0.013-29%0.022-58%
Current Ratio--0.2290.320-28%0.314-27%0.367-38%0.326-30%
Debt To Asset Ratio--0.3890.392-1%0.401-3%0.385+1%0.399-2%
Debt To Equity Ratio--0.6370.646-1%0.670-5%0.626+2%0.667-4%
Dividend Per Share--2.6002.6000%2.515+3%2.811-8%1.892+37%
Dividend Per Share Growth----0%0.014-100%0.032-100%0.151-100%
Eps--1.4663.382-57%1.013+45%2.665-45%3.120-53%
Eps Growth---0.268-0.752+180%8.312-103%1.654-116%0.572-147%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Net Profit Margin--0.4410.887-50%0.260+70%0.989-55%1.346-67%
Operating Margin--0.4931.073-54%0.312+58%1.170-58%1.610-69%
Operating Ratio--0.5080.548-7%0.452+12%0.393+29%0.357+42%
Pb Ratio0.961+18%0.7830.817-4%0.954-18%0.971-19%1.112-30%
Pe Ratio102.348+18%83.44757.919+44%476.541-82%136.067-39%88.840-6%
Peg Ratio---310.831-1542.540+396%10.655-3017%-289.616-7%-356.401+15%
Price Per Share150.000+18%122.300126.063-3%134.950-9%137.933-11%124.014-1%
Price To Total Gains Ratio36.895+18%30.08234.751-13%174.824-83%66.561-55%44.330-32%
Profit Growth--87.69683.004+6%127.116-31%79.533+10%82.440+6%
Quick Ratio---0.103-100%0.066-100%0.104-100%0.091-100%
Return On Assets--0.0060.013-57%0.004+38%0.012-51%0.018-68%
Return On Equity--0.0090.022-57%0.007+36%0.019-50%0.030-68%
Revenue Growth--0.9010.9020%0.911-1%0.9040%0.9040%
Total Gains Per Share--4.0665.332-24%3.488+17%4.680-13%4.247-4%
Total Gains Per Share Growth---0.097-0.950+881%-0.302+212%-0.517+434%-0.695+618%
Usd Book Value--3064482200.0003028211475.000+1%2788820325.000+10%2829931835.000+8%2292237070.000+34%
Usd Book Value Change Per Share--0.1420.265-46%0.094+51%0.181-22%0.229-38%
Usd Book Value Per Share--15.14814.968+1%13.728+10%13.821+10%11.163+36%
Usd Dividend Per Share--0.2520.2520%0.244+3%0.273-8%0.183+37%
Usd Eps--0.1420.328-57%0.098+45%0.258-45%0.303-53%
Usd Price Per Share14.550+18%11.86312.228-3%13.090-9%13.379-11%12.029-1%
Usd Profit--28760500.00066367400.000-57%19695850.000+46%52940660.000-46%62228895.000-54%
Usd Revenue--65164600.00069258000.000-6%55583425.000+17%52662755.000+24%47047910.000+39%
Usd Total Gains Per Share--0.3940.517-24%0.338+17%0.454-13%0.412-4%
 EOD+2 -3MRQTTM+11 -21YOY+26 -95Y+10 -2510Y+13 -22

3.2. Fundamental Score

Let's check the fundamental score of Hufvudstaden AB (publ) based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15102.348
Price to Book Ratio (EOD)Between0-10.961
Net Profit Margin (MRQ)Greater than00.441
Operating Margin (MRQ)Greater than00.493
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.229
Debt to Asset Ratio (MRQ)Less than10.389
Debt to Equity Ratio (MRQ)Less than10.637
Return on Equity (MRQ)Greater than0.150.009
Return on Assets (MRQ)Greater than0.050.006
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Hufvudstaden AB (publ) based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.735
Ma 20Greater thanMa 50143.640
Ma 50Greater thanMa 100132.462
Ma 100Greater thanMa 200131.559
OpenGreater thanClose149.600
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2022-09-30. Currency in SEK. All numbers in thousands.

Summary
Total Assets51,731,200
Total Liabilities20,138,600
Total Stockholder Equity31,592,600
 As reported
Total Liabilities 20,138,600
Total Stockholder Equity+ 31,592,600
Total Assets = 51,731,200

Assets

Total Assets51,731,200
Total Current Assets901,200
Long-term Assets901,200
Total Current Assets
Other Current Assets 901,200
Total Current Assets  (as reported)901,200
Total Current Assets  (calculated)901,200
+/-0
Long-term Assets
Property Plant Equipment 708,900
Long-term Assets Other 50,121,100
Long-term Assets  (as reported)50,830,000
Long-term Assets  (calculated)50,830,000
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,934,800
Long-term Liabilities16,203,800
Total Stockholder Equity31,592,600
Total Current Liabilities
Short-term Debt 3,007,900
Short Long Term Debt 3,000,000
Other Current Liabilities 926,900
Total Current Liabilities  (as reported)3,934,800
Total Current Liabilities  (calculated)6,934,800
+/- 3,000,000
Long-term Liabilities
Long term Debt Total 6,701,800
Other Liabilities 9,502,000
Long-term Liabilities  (as reported)16,203,800
Long-term Liabilities  (calculated)16,203,800
+/-0
Total Stockholder Equity
Common Stock31,592,600
Total Stockholder Equity (as reported)31,592,600
Total Stockholder Equity (calculated)31,592,600
+/-0
Other
Common Stock Shares Outstanding 202,307
Liabilities and Stockholders Equity 51,731,200
Net Debt 9,709,700
Net Invested Capital 9,000,000
Net Tangible Assets 31,592,600
Net Working Capital -3,033,600
Short Long Term Debt Total 9,709,700



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-31
> Total Assets 
0
0
0
18,600,000
18,927,000
18,846,400
19,406,700
20,539,100
20,830,700
21,502,000
21,703,400
22,695,000
22,766,600
0
23,232,300
23,653,100
25,190,400
25,362,600
25,582,300
26,475,700
26,484,100
27,158,800
27,373,500
28,415,300
29,086,700
29,607,300
30,287,500
32,322,600
33,374,800
34,367,300
35,369,800
37,708,800
37,803,800
38,995,600
39,479,200
40,294,900
41,352,100
43,380,900
44,167,400
45,375,200
46,037,800
47,722,500
48,471,500
50,341,600
48,795,200
47,707,800
47,627,200
47,397,100
47,802,200
48,135,900
48,700,400
51,098,800
51,133,200
51,519,000
51,731,200
51,731,20051,519,00051,133,20051,098,80048,700,40048,135,90047,802,20047,397,10047,627,20047,707,80048,795,20050,341,60048,471,50047,722,50046,037,80045,375,20044,167,40043,380,90041,352,10040,294,90039,479,20038,995,60037,803,80037,708,80035,369,80034,367,30033,374,80032,322,60030,287,50029,607,30029,086,70028,415,30027,373,50027,158,80026,484,10026,475,70025,582,30025,362,60025,190,40023,653,10023,232,300022,766,60022,695,00021,703,40021,502,00020,830,70020,539,10019,406,70018,846,40018,927,00018,600,000000
   > Total Current Assets 
0
0
0
461,200
564,700
213,600
319,100
378,500
401,700
235,500
288,100
432,100
276,400
0
425,600
584,600
727,700
346,100
485,000
557,500
509,300
550,600
641,500
582,500
809,800
459,400
449,900
564,400
701,900
672,800
677,400
1,173,000
829,200
671,500
616,800
544,600
885,400
1,268,500
1,445,300
1,249,600
627,800
1,108,300
1,232,000
1,799,900
978,700
634,700
491,800
887,100
1,378,600
953,400
1,064,700
1,446,300
1,058,700
1,019,400
901,200
901,2001,019,4001,058,7001,446,3001,064,700953,4001,378,600887,100491,800634,700978,7001,799,9001,232,0001,108,300627,8001,249,6001,445,3001,268,500885,400544,600616,800671,500829,2001,173,000677,400672,800701,900564,400449,900459,400809,800582,500641,500550,600509,300557,500485,000346,100727,700584,600425,6000276,400432,100288,100235,500401,700378,500319,100213,600564,700461,200000
       Cash And Cash Equivalents 
0
0
0
14,900
0
0
0
27,900
0
0
0
0
0
0
0
347,500
0
0
0
504,600
0
0
0
474,200
0
0
0
443,200
0
0
0
1,113,800
657,000
544,300
524,700
394,900
591,100
1,030,200
1,222,600
1,070,700
339,000
860,500
1,083,400
1,706,100
0
0
0
783,600
0
0
0
1,182,000
0
0
0
0001,182,000000783,6000001,706,1001,083,400860,500339,0001,070,7001,222,6001,030,200591,100394,900524,700544,300657,0001,113,800000443,200000474,200000504,600000347,500000000027,90000014,900000
       Short-term Investments 
0
0
0
0
0
0
0
320,000
0
0
0
346,700
0
0
0
150,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000000000000000000000000000150,000000346,700000320,0000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
41,600
0
0
0
127,200
0
0
0
154,400
0
0
0
67,600
0
0
0
75,100
0
0
0
67,800
0
0
0
00067,80000075,10000067,600000154,400000127,20000041,6000000000000000000000000000000000
       Other Current Assets 
0
0
0
446,300
564,700
213,600
319,100
30,600
401,700
235,500
288,100
85,400
276,400
0
425,600
87,100
727,700
346,100
485,000
52,900
509,300
550,600
641,500
108,300
809,800
459,400
449,900
121,200
701,900
672,800
677,400
59,200
829,200
671,500
616,800
149,700
885,400
1,268,500
1,445,300
178,900
627,800
1,108,300
1,232,000
93,800
978,700
634,700
491,800
103,500
1,378,600
953,400
1,064,700
109,600
1,058,700
1,019,400
901,200
901,2001,019,4001,058,700109,6001,064,700953,4001,378,600103,500491,800634,700978,70093,8001,232,0001,108,300627,800178,9001,445,3001,268,500885,400149,700616,800671,500829,20059,200677,400672,800701,900121,200449,900459,400809,800108,300641,500550,600509,30052,900485,000346,100727,70087,100425,6000276,40085,400288,100235,500401,70030,600319,100213,600564,700446,300000
   > Long-term Assets 
0
0
0
18,138,800
18,362,300
18,632,800
19,087,600
20,160,600
20,429,000
21,266,500
21,415,300
22,262,900
22,490,200
0
22,806,700
23,068,500
24,462,700
25,016,500
25,097,300
25,918,200
25,974,800
26,608,200
26,732,000
27,832,800
28,276,900
29,147,900
29,837,600
31,758,200
32,672,900
33,694,500
34,692,400
36,535,800
36,974,600
38,324,100
38,862,400
39,750,300
40,466,700
42,112,400
42,722,100
44,125,600
45,410,000
46,614,200
47,239,500
48,541,700
47,816,500
47,073,100
47,135,400
46,510,000
46,423,600
47,182,500
47,635,700
49,652,500
50,074,500
50,499,600
50,830,000
50,830,00050,499,60050,074,50049,652,50047,635,70047,182,50046,423,60046,510,00047,135,40047,073,10047,816,50048,541,70047,239,50046,614,20045,410,00044,125,60042,722,10042,112,40040,466,70039,750,30038,862,40038,324,10036,974,60036,535,80034,692,40033,694,50032,672,90031,758,20029,837,60029,147,90028,276,90027,832,80026,732,00026,608,20025,974,80025,918,20025,097,30025,016,50024,462,70023,068,50022,806,700022,490,20022,262,90021,415,30021,266,50020,429,00020,160,60019,087,60018,632,80018,362,30018,138,800000
       Property Plant Equipment 
0
0
0
8,500
0
0
0
6,400
0
0
0
5,600
0
0
0
4,300
0
0
0
5,500
0
0
0
7,000
0
0
0
7,400
0
0
0
6,600
36,956,000
38,304,100
38,842,000
7,300
40,445,800
42,090,400
42,692,800
9,500
778,300
770,000
760,600
770,000
749,400
739,000
728,700
725,800
721,600
719,100
716,800
65,500
713,700
711,300
708,900
708,900711,300713,70065,500716,800719,100721,600725,800728,700739,000749,400770,000760,600770,000778,3009,50042,692,80042,090,40040,445,8007,30038,842,00038,304,10036,956,0006,6000007,4000007,0000005,5000004,3000005,6000006,4000008,500000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
126,700
0
0
0
772,500
0
0
0
000772,500000126,70000000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,900
18,600
20,000
20,400
13,000
20,900
22,000
29,300
27,600
49,700
72,300
83,500
91,100
104,100
120,000
140,600
147,700
150,500
151,300
150,600
24,900
155,000
158,600
161,200
161,200158,600155,00024,900150,600151,300150,500147,700140,600120,000104,10091,10083,50072,30049,70027,60029,30022,00020,90013,00020,40020,00018,60011,9000000000000000000000000000000000
> Total Liabilities 
0
0
0
8,374,100
9,008,200
8,662,700
8,796,000
9,013,100
9,521,700
9,534,000
9,642,100
10,208,100
10,444,500
0
10,457,800
9,732,200
11,539,900
11,134,100
11,121,900
11,215,000
11,596,300
11,676,100
11,684,300
11,720,500
12,543,300
12,289,900
12,329,100
12,755,900
13,709,200
13,791,600
13,887,400
14,661,400
14,965,000
15,004,000
14,980,800
14,893,200
15,980,700
16,126,000
16,350,200
16,375,700
17,302,000
18,005,000
18,190,500
18,958,900
18,715,500
18,211,100
18,551,800
18,780,600
19,677,800
19,255,700
19,318,600
20,032,800
20,213,200
20,222,900
20,138,600
20,138,60020,222,90020,213,20020,032,80019,318,60019,255,70019,677,80018,780,60018,551,80018,211,10018,715,50018,958,90018,190,50018,005,00017,302,00016,375,70016,350,20016,126,00015,980,70014,893,20014,980,80015,004,00014,965,00014,661,40013,887,40013,791,60013,709,20012,755,90012,329,10012,289,90012,543,30011,720,50011,684,30011,676,10011,596,30011,215,00011,121,90011,134,10011,539,9009,732,20010,457,800010,444,50010,208,1009,642,1009,534,0009,521,7009,013,1008,796,0008,662,7009,008,2008,374,100000
   > Total Current Liabilities 
0
0
0
993,900
1,552,800
1,416,300
1,446,900
1,479,700
1,314,400
490,400
503,200
716,100
1,349,900
0
2,293,400
1,998,000
2,788,000
1,857,600
1,623,400
1,708,100
1,755,000
1,644,000
1,797,400
1,535,000
2,519,300
2,090,200
1,665,800
1,706,200
2,120,800
2,233,100
2,117,500
3,299,900
4,114,500
4,075,700
3,943,700
3,180,100
3,109,300
2,928,200
2,529,800
2,313,000
2,395,600
2,345,600
2,411,700
2,480,900
2,391,700
2,544,400
2,883,800
3,259,000
4,068,700
2,991,400
3,252,100
3,044,200
3,640,000
3,572,900
3,934,800
3,934,8003,572,9003,640,0003,044,2003,252,1002,991,4004,068,7003,259,0002,883,8002,544,4002,391,7002,480,9002,411,7002,345,6002,395,6002,313,0002,529,8002,928,2003,109,3003,180,1003,943,7004,075,7004,114,5003,299,9002,117,5002,233,1002,120,8001,706,2001,665,8002,090,2002,519,3001,535,0001,797,4001,644,0001,755,0001,708,1001,623,4001,857,6002,788,0001,998,0002,293,40001,349,900716,100503,200490,4001,314,4001,479,7001,446,9001,416,3001,552,800993,900000
       Short-term Debt 
0
0
0
0
650,000
950,000
950,000
950,000
300,000
0
0
250,000
951,000
0
1,900,000
1,550,000
1,800,000
1,400,000
1,100,000
1,200,000
1,200,000
1,100,000
1,200,000
1,000,000
1,400,000
1,500,000
1,100,000
1,100,000
1,350,000
1,500,000
1,400,000
2,650,000
3,300,000
3,250,000
3,250,000
2,500,000
2,400,000
2,250,000
1,900,000
1,650,000
1,689,200
1,690,300
1,690,600
1,691,400
1,535,600
1,727,100
2,068,600
2,460,200
2,509,300
2,059,300
2,359,300
2,209,400
2,609,100
2,608,500
3,007,900
3,007,9002,608,5002,609,1002,209,4002,359,3002,059,3002,509,3002,460,2002,068,6001,727,1001,535,6001,691,4001,690,6001,690,3001,689,2001,650,0001,900,0002,250,0002,400,0002,500,0003,250,0003,250,0003,300,0002,650,0001,400,0001,500,0001,350,0001,100,0001,100,0001,500,0001,400,0001,000,0001,200,0001,100,0001,200,0001,200,0001,100,0001,400,0001,800,0001,550,0001,900,0000951,000250,00000300,000950,000950,000950,000650,0000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,650,000
6,700,000
6,450,000
3,250,000
1,200,000
2,400,000
2,250,000
1,900,000
1,650,000
1,650,000
1,650,000
1,650,000
1,650,000
1,500,000
1,700,000
2,050,000
2,450,000
2,500,000
2,050,000
2,350,000
2,200,000
2,600,000
2,600,000
3,000,000
3,000,0002,600,0002,600,0002,200,0002,350,0002,050,0002,500,0002,450,0002,050,0001,700,0001,500,0001,650,0001,650,0001,650,0001,650,0001,650,0001,900,0002,250,0002,400,0001,200,0003,250,0006,450,0006,700,0006,650,0000000000000000000000000000000000
       Accounts payable 
0
0
0
63,500
0
0
0
101,300
0
0
0
67,200
0
0
0
78,500
0
0
0
89,400
0
0
0
89,300
0
0
0
102,500
0
0
0
87,400
0
0
0
130,600
0
0
0
161,900
0
0
0
126,000
0
0
0
165,000
0
0
0
236,700
0
0
0
000236,700000165,000000126,000000161,900000130,60000087,400000102,50000089,30000089,40000078,50000067,200000101,30000063,500000
       Other Current Liabilities 
0
0
0
930,400
902,800
466,300
496,900
428,400
1,014,400
490,400
503,200
398,900
398,900
0
393,400
369,500
988,000
457,600
523,400
418,700
555,000
544,000
597,400
445,700
1,119,300
590,200
565,800
503,700
770,800
733,100
717,500
562,500
814,500
825,700
693,700
549,500
709,300
678,200
629,800
501,100
706,400
655,300
721,100
663,500
856,100
817,300
815,200
633,800
1,559,400
932,100
892,800
576,900
1,030,900
964,400
926,900
926,900964,4001,030,900576,900892,800932,1001,559,400633,800815,200817,300856,100663,500721,100655,300706,400501,100629,800678,200709,300549,500693,700825,700814,500562,500717,500733,100770,800503,700565,800590,2001,119,300445,700597,400544,000555,000418,700523,400457,600988,000369,500393,4000398,900398,900503,200490,4001,014,400428,400496,900466,300902,800930,400000
   > Long-term Liabilities 
0
0
0
7,380,200
7,455,400
7,246,400
7,349,100
7,533,400
8,207,300
9,043,600
9,138,900
9,492,000
9,094,600
0
8,164,400
7,734,200
8,751,900
9,276,500
9,498,500
9,506,900
9,841,300
10,032,100
9,886,900
10,185,500
10,024,000
10,199,700
10,663,300
11,049,700
11,588,400
11,558,500
11,769,900
11,361,500
10,850,500
10,928,300
11,037,100
11,713,100
12,871,400
13,197,800
13,820,400
14,062,700
14,906,400
15,659,400
15,778,800
16,478,000
16,323,800
15,666,700
15,668,000
15,521,600
15,609,100
16,264,300
16,066,500
16,988,600
16,573,200
16,650,000
16,203,800
16,203,80016,650,00016,573,20016,988,60016,066,50016,264,30015,609,10015,521,60015,668,00015,666,70016,323,80016,478,00015,778,80015,659,40014,906,40014,062,70013,820,40013,197,80012,871,40011,713,10011,037,10010,928,30010,850,50011,361,50011,769,90011,558,50011,588,40011,049,70010,663,30010,199,70010,024,00010,185,5009,886,90010,032,1009,841,3009,506,9009,498,5009,276,5008,751,9007,734,2008,164,40009,094,6009,492,0009,138,9009,043,6008,207,3007,533,4007,349,1007,246,4007,455,4007,380,200000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,910,500
6,909,600
7,012,900
7,510,500
7,208,200
7,706,900
7,205,400
7,203,600
6,701,800
6,701,8007,203,6007,205,4007,706,9007,208,2007,510,5007,012,9006,909,6006,910,5000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,361,500
7,450,500
7,728,300
7,837,100
8,013,100
8,171,400
7,997,800
8,120,400
8,362,700
8,467,200
8,729,400
8,858,500
9,059,000
8,909,500
8,754,300
8,757,500
8,612,000
8,596,200
8,753,800
8,858,300
9,281,700
9,367,800
9,446,400
9,502,000
9,502,0009,446,4009,367,8009,281,7008,858,3008,753,8008,596,2008,612,0008,757,5008,754,3008,909,5009,059,0008,858,5008,729,4008,467,2008,362,7008,120,4007,997,8008,171,4008,013,1007,837,1007,728,3007,450,5007,361,5000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11,900
0
0
0
70,500
0
0
0
126,700
0
0
0
0
0
0
0
0000000126,70000070,50000011,900000000000000000000000000000000000000000
> Total Stockholder Equity
0
0
0
10,225,900
9,918,800
10,183,700
10,610,700
11,526,000
11,309,000
11,968,000
12,061,300
12,486,900
12,322,100
0
12,774,500
13,920,900
13,650,500
14,228,500
14,460,400
15,260,700
14,887,800
15,482,700
15,689,200
16,694,800
16,543,400
17,317,400
17,958,400
19,566,700
19,665,600
20,575,700
21,482,400
23,047,400
22,838,800
23,991,600
24,498,400
25,401,700
25,371,400
27,254,900
27,817,200
28,999,500
28,735,800
29,717,500
30,281,000
31,382,700
30,079,700
29,496,700
29,075,400
28,616,500
28,124,400
28,880,200
29,381,800
31,066,000
30,920,000
31,296,100
31,592,600
31,592,60031,296,10030,920,00031,066,00029,381,80028,880,20028,124,40028,616,50029,075,40029,496,70030,079,70031,382,70030,281,00029,717,50028,735,80028,999,50027,817,20027,254,90025,371,40025,401,70024,498,40023,991,60022,838,80023,047,40021,482,40020,575,70019,665,60019,566,70017,958,40017,317,40016,543,40016,694,80015,689,20015,482,70014,887,80015,260,70014,460,40014,228,50013,650,50013,920,90012,774,500012,322,10012,486,90012,061,30011,968,00011,309,00011,526,00010,610,70010,183,7009,918,80010,225,900000
   Common Stock
0
0
0
1,056,400
0
0
0
1,056,400
0
0
0
1,056,400
12,486,900
0
0
1,056,400
0
0
0
1,056,400
0
0
0
1,056,400
0
0
0
1,056,400
0
0
0
1,056,400
22,838,800
23,991,600
24,498,400
1,056,400
25,371,400
27,254,900
27,817,200
1,056,400
28,735,800
29,717,500
30,281,000
1,056,400
30,079,700
29,496,700
29,075,400
1,056,400
28,124,400
28,880,200
29,381,800
1,056,400
30,920,000
31,296,100
31,592,600
31,592,60031,296,10030,920,0001,056,40029,381,80028,880,20028,124,4001,056,40029,075,40029,496,70030,079,7001,056,40030,281,00029,717,50028,735,8001,056,40027,817,20027,254,90025,371,4001,056,40024,498,40023,991,60022,838,8001,056,4000001,056,4000001,056,4000001,056,4000001,056,4000012,486,9001,056,4000001,056,4000001,056,400000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
0
0
0
628,100
30,079,700
29,496,700
29,075,400
628,100
28,124,400
28,880,200
29,381,800
628,100
30,920,000
31,296,100
31,592,600
31,592,60031,296,10030,920,000628,10029,381,80028,880,20028,124,400628,10029,075,40029,496,70030,079,700628,100000628,100000628,100000628,100000628,100000628,100000628,100000628,100000628,100000628,100000628,100000



Balance Sheet

Currency in SEK. All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.