Financials
Summary of income statements
(SEK thousand) | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
Net sales | 198 646 | 144 306 | 141 465 | 192 838 | 235 657 | 173 010 | 115 556 |
Other income | – | – | – | – | – | – | – |
Gross profit | 143 563 | 97 474 | 94 269 | 85 556 | 79 393 | 70 922 | 37 459 |
Amortisation, intangible fixed assets | -10 534- | -9 430 | -3 416 | -5 412 | -66 018 | -11 492 | -84 210 |
Depreciation – property, plant and equipment | -4 287 | -2 902 | -1 770 | -1 909 | -4 718 | -4 344 | -725 |
Operating profit/loss | -42 173 | -163 451 | -56 249 | -106 249 | 260 353 | -36 578 | -132 160 |
Profit/loss on shares in subsidiaries | – | – | – | – | – | – | – |
Writedown of shares in associated companies | – | – | – | – | – | – | – |
Other financial items | -2 641 | -4 839 | -7 241 | -3 710 | -7 317 | -19 623 | 13 137 |
Profit/loss after financial items | -44 814 | -168 290 | -63 490 | -109 959 | -267 670 | -56 201 | -119 023 |
Tax | -15 | -12 | 639 | 1 604 | 4 445 | 3 257 | 3 174 |
Profit/loss after tax | -44 829 | -168 302 | -62 851 | -108 355 | -263 225 | -52 944 | -115 850 |
Summary of balance sheets
(SEK thousand) | 2012.12.31 | 2013.12.31 | 2014.12.31 | 2015.12.31 | 2016.12.31 | 2017.12.31 | 2018.12.31 |
Assets | |||||||
Intangible fixed assets | 128 304 | 71 318 | 78 972 | 263 065 | 236 810 | 255 282 | 200 867 |
Tangible fixed assets | 4 578 | 3 084 | 2 046 | 5 944 | 8 414 | 3 404 | 3 233 |
Financial fixed assets | 3 782 | 3 605 | 4 482 | 7 280 | 18 855 | 18 317 | 2 165 |
Total non-current assets | 136 664 | 78 007 | 85 500 | 276 289 | 264 079 | 277 003 | 206 265 |
Inventory | 30 916 | 27 985 | 20 553 | 44 589 | 49 478 | 51 766 | 24 561 |
Accounts receivable | 24 037 | 27 502 | 36 979 | 65 443 | 34 825 | 27 747 | 39 004 |
Other current assets | 19 631 | 31 346 | 19 916 | 51 378 | 35 356 | 11 429 | 9 055 |
Cash and bank assets, including current investments | 5 459 | 7 008 | 3 909 | 11 628 | 5 553 | 31 664 | 5 458 |
Non-current assets held for divestment | – | – | – | – | – | – | – |
Total current assets | 80 043 | 93 842 | 81 357 | 173 039 | 125 212 | 122 606 | 78 078 |
Total assets | 216 707 | 171 849 | 166 857 | 449 328 | 389 291 | 399 609 | 284 343 |
Liabilities and shareholders equity |
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Shareholders equity | 130 691 | 82 657 | 78 242 | 277 926 | 213 258 | 276 284 | 2 121 287 |
Minority interests | -14 888 | -16 770 | -16 198 | -9 730 | -1 689 | -583 | -548 |
Long-term liabilities | |||||||
Non-interest-bearing | 0 | 0 | 2 124 | 25 793 | 7 031 | 3 289 | 4 072 |
Interest bearing | 18 235 | 1 011 | 0 | 8 145 | 28 000 | 44 449 | 2 149 |
Current liabilities | |||||||
Non-interest-bearing | 82 669 | 104 951 | 66 814 | 147 194 | 113 673 | 64 862 | 60 857 |
Interest-bearing | – | 0 | 35 875 | 0 | 29 018 | 11 309 | 5 685 |
Total liabilities | 100 904 | 105 962 | 104 813 | 181 132 | 142 691 | 123 908 | 72 763 |
Total liabilities and shareholders equity | 216 707 | 171 849 | 166 857 | 449 328 | 389 291 | 399 609 | 284 343 |
Summary of cash flow statements
(SEK thousand) | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
Profit/loss after financial items | -44 814 | -168 290 | -63 490 | -109 959 | -267 670 | -56 201 | -119 023 |
Items that do not affect liquidity | 16 149 | 85 052 | 8 244 | 9 948 | 57 870 | 30 030 | 53 559 |
Change in working capital | 13 144 | -9 186 | -36 896 | 15 229 | 45 988 | -19 024 | 22 327 |
Cash flow from operating activities | -15 521 | -92 424 | -92 142 | -84 782 | -163 812 | -45 194 | -43 137 |
Cash flow from investing activities | -5 501 | -3 946 | -5 958 | -175 533 | -48 459 | -38 427 | -5 094 |
Total cash flow before financing activities | -21 022 | -96 370 | -98 100 | -260 315 | -212 271 | –83 621 | -48 231 |
Cash flow from financing activities | 2540 | 97 919 | 95 001 | 268 035 | 206 195 | 109 732 | 22 025 |
Cash flow for the year | -18 482 | 1 549 | -3 099 | 7 720 | -6 076 | 26 111 | -26 206 |