Margins

Profit margin
Profit/loss after financial items as a percentage of net sales.

Operating margin
Operating profit/loss as a percentage of net sales.

Returns

Return on equity
Profit/loss after tax as a percentage of average equity including 72% of untaxed reserves.

Return on total capital
Profit/loss after financial items plus financial expenses as a percentage of average total assets.

Return on capital employed
Profit/loss after financial items plus financial expenses as a percentage of average capital employed.

Capital structure

Stockholders’ equity
Accounted equity plus untaxed reserves less deferred tax at applicable tax rate.

Capital employed
Total assets less non interest-bearing liabilities including deferred tax liabilities in untaxed reserves.

Equity/assets ratio
Stockholders’ equity (including minority) as a percentage of total assets.

Debt/equity ratio
Interest-bearing liabilities in relation to stockholders’ equity.

Interest coverage ratio
Profit/loss after financial items plus financial expenses divided by financial expenses.

Acid test ratio
Current assets excluding inventories as a percentage of current liabilities.

Stock-related key figures

Average number of outstanding shares
Weighted average of outstanding shares in the period.

Average number of outstanding shares and potential shares
Weighted average of outstanding shares and potential shares in the period.

Earnings per share
Profit/loss after tax divided by average number of outstanding shares.

Stockholders’ equity per share
Stockholders’ equity divided by number of outstanding shares at the end of the period.

Cash flow per share
Cash flow from operating activities divided by average number of outstanding shares.

Human resources

Number of employees
Average number of full-time employees.

Value-added per employee
Net sales less expenses for services and goods for resale divided by number of employees.

Net sales per employee
Net sales divided by number of employees.