FINANCIAL OVERVIEWSEK million |
2023 |
2022 |
2021 |
2020 |
2019 |
Net sales |
15,280 |
17,833 |
16,716 |
12,151 | 16,841 |
Operating result before depreciation (EBITDA)1, 2 |
829 |
596 |
1,151 |
873 | 816 |
Net income before tax |
6 |
-3,197 |
-1,037 |
897 | -2,482 |
Net income |
592 |
-3,314 |
-1,099 |
860 | -2,680 |
Cash flow from operating activities |
1,316 |
443 |
-276 |
1,071 | 2,054 |
Cash flow after financing activities | 717 | 149 | -936 | 409 | 1,425 |
Capital expenditures | 603 | 294 | 652 | 662 | 592 |
Net debt2 |
4,754 |
4,623 |
4,447 |
3,714 | 7,134 |
Working capital2 |
2,037 |
3,355 |
3,933 |
3,276 | 1,652 |
Return on average capital employed (12 months rolling)1,% |
4.8 |
-2.6 |
3.2 |
0.0 | 2.1 |
Equity to assets ratio, % |
12.4 |
8.9 |
31.9 |
39.4 | 0.3 |
Number of full-time employees |
687 |
889 |
970 |
935 | 948 |
1) Excluding non-recurring items
2) Alternative Performance Measure