A compilation of definitions is presented below. You can also find our definitions in the latest annual report.
Performance measures
EBITDA
EBIT before depreciation and amortization (Earnings Before Interest, Tax, Depreciation and Amortisation).
EBIT
EBIT (Earnings before interest and tax).
Margin measures
EBITDA margin
EBITDA as a percentage of net sales for the period.
EBIT margin
EBIT as a percentage of net sales for the period.
Capital structure
Net debt
Interest-bearing liabilities, lease liabilities according to IFRS 16 less assets including cash and cash equivalents.
Net debt/EBITDA
Net debt as a percentage of EBITDA.
Net debt/equity ratio
Net debt as a percentage of equity.
Equity ratio
Equity including non-controlling interest divided by total assets.
Capital employed
Total assets less interest-free liabilities including deferred tax liabilities.
Return measures
Return on equity
Net income for the year divided by average equity.
Per share
Earnings per share
Earnings for the period divided by average number of shares outstanding during the period.