INCOME STATEMENTS, JANUARY-DECEMBER (SEK MILLION) | 2018 | 2019 | 2020 | 2021 | 2022 |
Total revenue | 354.5 | 513.8 | 532.0 | 593.0 | 775.5 |
Cost of goods sold | -154.7 | -200.5 | -222.9 | -252.6 | -325.7 |
Gross profit | 199.7 | 313.3 | 309.0 | 340.4 | 449.7 |
Operating expenses | -132.0 | -170.7 | -200.9 | -315.5 | -384.5 |
Depreciation/amortization and impairment losses | -4.3 | -10.0 | -12.7 | -45.1 | -47.8 |
Operating profit | 63.5 | 132.6 | 95.4 | 24.9 | 65.2 |
Net financial items | 0.7 | 1.5 | -10.5 | -1.3 | -2.7 |
Profit/loss before tax | 64.2 | 134.1 | 84.9 | 23.5 | 62.5 |
Income tax | -16.0 | -32.5 | -23.7 | -9.0 | -18.0 |
Profit/loss for the year | 48.2 | 101.6 | 61.2 | 14.5 | 44.5 |
BALANCE SHEETS, DECEMBER 31 (SEK MILLION) | 2018 | 2019 | 2020 | 2021 | 2022 |
ASSETS | |||||
Non/current assets | |||||
Intangible assets | 49.7 | 85.6 | 94.8 | 92.6 | 103.5 |
Tangible assets | 4.4 | 3.1 | 4.1 | 17.1 | 20.8 |
Rights of use, leases | 25.3 | 24.0 | 33.7 | 22.8 | |
Financial assets | 17.3 | 4.1 | 5.1 | 5.6 | 6.3 |
Total non-current assets | 71.4 | 118.0 | 128.0 | 149.0 | 153.4 |
Current assets | |||||
Inventories | 101.3 | 95.6 | 115.7 | 117.5 | 144.4 |
Trade receivables | 104.6 | 111.0 | 100.4 | 117.6 | 194.5 |
Other current receivables | 16.2 | 10.0 | 14.0 | 27.3 | 28.9 |
Cash and cash equivalents | 62.2 | 145.1 | 157.7 | 134.8 | 127.1 |
Total current assets | 284.3 | 361.7 | 387.8 | 397.2 | 494.9 |
TOTAL ASSETS | 355.7 | 479.7 | 515.8 | 690.0 | 783.9 |
SHAREHOLDERS’ EQUITY AND LIABILITIES | |||||
Shareholders’ equity | 292.0 | 366.0 | 378.9 | 417.5 | 510.0 |
Non-current liabilities | |||||
Lease liabilities | - | 22.0 | 23.8 | 34.3 | 24.8 |
Deferred tax liabilities | - | 6.5 | 20.5 | 35.5 | 34.6 |
Total non-current liabilities | 0.0 | 28.5 | 44.3 | 69.8 | 59.4 |
Current liabilities | |||||
Accounts payable - trade | 39.6 | 29.8 | 35.3 | 34.1 | 63.7 |
Lease liabilities | - | 3.9 | 23.8 | 34.3 | not finished |
Other current liabilities | 24.1 | 51.5 | 57.3 | 83.7 | 85.9 |
Total current liabilities | 63.7 | 85.2 | 96.8 | 152.1 | - |
TOTAL SHAREHOLDERS’ EQUITY AND LIABILITIES | 355.7 | 479.7 | 515.8 | 690.0 | 783.9 |
CASH FLOW STATEMENT, JANUARY-DECEMBER (SEK MILLION) | 2018 | 2019 | 2020 | 2021 | 2022 |
Profit/loss before tax | 64.2 | 134.1 | 84.9 | 23.5 | 62.5 |
Adjustments for non-cash items | 2.0 | 8.7 | 24.0 | 47.7 | 57.4 |
Income tax paid | -4.8 | -2.8 | -12.3 | -9.0 | -19.0 |
Cash flow from operating activities before changes in working capital | 61.4 | 140.0 | 96.7 | 62.2 | 100.9 |
Cash flow from changes in working capital | -64.3 | 18.4 | -11.1 | 28.8 | -59.2 |
Cash flow from operating activities | -3.0 | 158.4 | 85.6 | 91.0 | 41.7 |
Cash flow from investing activities | -25.1 | -40.8 | -25.4 | -191.9 | -33.5 |
Cash flow from financing activities | -26.5 | -34.2 | -39.5 | 73.0 | -25.1 |
CASH FLOW FOR THE YEAR | -54.6 | 83.4 | 20.7 | -27.9 | -17.0 |
KEY FIGURES | 2018 | 2019 | 2020 | 2021 | 2022 |
Margins | |||||
Gross margin, % | 56.4 | 61.0 | 58.1 | 57.4 | 58.0 |
Operating margin, % | 17.9 | 25.8 | 17.9 | 4.2 | 8.4 |
Profit margin, % | 13.6 | 19.8 | 11.5 | 2.4 | 5.7 |
Equity ratio, % | 82.1 | 76.3 | 73.5 | 61 | 65 |
OTHER | 2018 | 2019 | 2020 | 2021 | 2022 |
Number of employees at close of year | 82 | 101 | 125 | 187 | 208 |
THE INVISIO SHARE | 2018 | 2019 | 2020 | 2021 | 2022 |
Number of shares at close of period, thousands | 44,098 | 44,098 | 44,098 | 44,540 | 45,049 |
Earnings per share, SEK | 1.09 | 2.30 | 1.39 | 0.33 | 0.99 |
Earnings per share after dilution, SEK | 1.09 | 2.30 | 1.37 | 0.32 | 0.99 |
Equity per share, SEK | 6.62 | 8.30 | 8.59 | 9.37 | 11.32 |
Shareholders' equity per share after dilution, SEK | 6.62 | 8.11 | 8.28 | 9.26 | 11.32 |
Share price at close of period, SEK | 56.90 | 101.80 | 250.0 | 163.80 | 164.60 |