Cash flow Acrinova AB

Equities

ACRI A

SE0015660014

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm Other stock markets 07:30:00 2026-05-13 am EDT			5-day change	1st Jan Change
9.000 ^SEK	-3.85%		-21.05%	-13.88%

May. 07	13 Nasdaq Stockholm stocks trade ex-dividend today	FW
May. 05	Acrinova reports Q1 rental income of SEK 13.6 million	RE

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Published financial data: ACRINOVA AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Rental Revenues	72.34M	120M	143M	158M	126M
Other Revenues, Total	36.84M	10.62M	2.18M	-2.8M	2.4M
Total Revenues	109M	131M	146M	155M	128M
Property Expenses	29.34M	41.1M	44.76M	49.04M	51.56M
Selling General & Admin Expenses, Total	17.77M	18.96M	13M	8.63M	13.87M
Depreciation & Amortization - (IS) - (Collected)	2.46M	4.78M	1.62M	1.35M	2M
Other Operating Expenses	18.56M	14.61M	13.57M	9.41M	9.07M
Total Operating Expenses	68.12M	79.45M	72.94M	68.43M	76.5M
Operating Income (REIT / Utility Template)	41.06M	51.16M	72.59M	86.5M	51.72M
Interest Expense, Total	-14.62M	-24.45M	-67.05M	-38.26M	-37.16M
Interest and Investment Income	493K	394K	1.48M	1.71M	14.54M
Net Interest Expenses	-14.12M	-24.05M	-65.57M	-36.56M	-22.62M
Other Non Operating Income (Expenses)	5.77M	-	-	-8.93M	-18.38M
EBT, Excl. Unusual Items	32.71M	27.11M	7.02M	41.01M	10.72M
Impairment of Goodwill	-	-	-7.5M	-	-32.52M
Gain (Loss) on Sale of Investments	5.98M	48.59M	8M	-9.36M	-1M
Asset Writedown	150M	27.78M	-17.97M	35.55M	36.59M
EBT, Incl. Unusual Items	188M	103M	-10.45M	67.2M	13.79M
Income Tax Expense	35.2M	24.15M	-18.22M	31.29M	-46.17M
Earnings From Continuing Operations	153M	79.34M	7.76M	35.91M	59.97M
Net Income to Company	153M	79.34M	7.76M	35.91M	59.97M
Minority Interest	-	-	-	-	-
Net Income - (IS)	153M	79.34M	7.76M	35.91M	59.97M
Net Income to Common Incl Extra Items	153M	79.34M	7.76M	35.91M	59.97M
Net Income to Common Excl. Extra Items	153M	79.34M	7.76M	35.91M	59.97M
Per Share Items
Net EPS - Basic	3.59	1.23	0.11	0.52	0.94
Basic EPS - Continuing Operations	3.59	1.23	0.11	0.52	0.94
Basic Weighted Average Shares Outstanding	42.7M	64.76M	67.66M	68.57M	63.63M
Net EPS - Diluted	3.59	1.23	0.11	0.52	0.94
Diluted EPS - Continuing Operations	3.59	1.23	0.11	0.52	0.94
Diluted Weighted Average Shares Outstanding	42.7M	64.76M	67.66M	68.57M	63.63M
Normalized Basic EPS	0.48	0.26	0.06	0.37	0.11
Normalized Diluted EPS	0.48	0.26	0.06	0.37	0.11
Dividend Per Share	0.2	0.4	0.3	1.4	3.75
Payout Ratio	13.59	16.32	353.25	57.29	160.08
Supplemental Items
EBITDA	43.52M	55.94M	74.56M	87.85M	53.72M
EBITA	41.06M	51.16M	72.59M	86.5M	51.72M
EBIT	41.06M	51.16M	72.59M	86.5M	51.72M
Total Revenues (As Reported)	102M	131M	147M	160M	128M
Effective Tax Rate - (Ratio)	18.69	23.34	174.29	46.57	-334.79
Total Current Taxes	2M	2.79M	4.63M	5.32M	3.1M
Total Deferred Taxes	33.2M	21.36M	-22.85M	25.97M	-49.27M
Normalized Net Income	20.44M	16.94M	4.38M	25.63M	6.7M
Interest on Long-Term Debt	-	-	966K	507K	178K
Supplemental Operating Expense Items
General and Administrative Expenses	14.59M	16.88M	9.75M	6.37M	11.99M
Maintenance & Repair Expenses, Total	9.15M	13.35M	15.36M	8.43M	13.27M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	1.63B	1.88B	2.01B	2.02B	713M
Accumulated Depreciation	-5.48M	-10.26M	-567K	-651K	-1.12M
Net Property Plant And Equipment	1.62B	1.87B	2.01B	2.02B	712M
Total Real Estate Assets	1.62B	1.87B	2.01B	2.02B	712M
Cash And Equivalents	74.66M	28.31M	43.06M	81.15M	151M
Accounts Receivable, Total	3.31M	433K	1.25M	1.74M	900K
Other Receivables	13.25M	65.26M	10.92M	8.46M	27.99M
Investment In Debt and Equity Securities	-	-	32M	19.21M	8.97M
Goodwill	40.02M	40.02M	32.52M	32.52M	-
Other Current Assets, Total	3.48M	6.38M	8.74M	14.96M	120M
Trading Asset Securities, Total	3.18M	59.77M	-	-	-
Other Long-Term Assets, Total	68.89M	21.63M	29.6M	9.6M	8.58M
Total Assets	1.83B	2.1B	2.16B	2.19B	1.03B
Liabilities
Current Portion of Long-Term Debt	22.23M	175M	185M	276M	58.34M
Current Portion of Leases	2M	2.34M	1.79M	1.59M	1.02M
Long-Term Debt	777M	821M	912M	803M	344M
Long-Term Leases	8.3M	6.38M	7.57M	2.76M	502K
Accounts Payable, Total	24.28M	25.75M	15.66M	12.62M	8.91M
Accrued Expenses, Total	20.63M	11.53M	10.42M	11.18M	6.06M
Current Income Taxes Payable	976K	-	900K	2.22M	-
Unearned Revenue, Current	-	17.82M	20.45M	22.4M	6.82M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	35.03M	8.12M	637K	6.28M	995K
Deferred Tax Liability Non-Current	66.29M	84.15M	61.3M	87.28M	38M
Other Non Current Liabilities	-1K	2.63M	1.19M	1.2M	6.51M
Total Liabilities	956M	1.15B	1.22B	1.23B	471M
Common Stock, Total	21.59M	21.59M	22.86M	22.86M	23.08M
Additional Paid In Capital	540M	540M	564M	564M	197M
Retained Earnings	313M	379M	360M	375M	339M
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	875M	941M	947M	962M	559M
Minority Interest	-	-	-	-	-
Total Equity	875M	941M	947M	962M	559M
Total Liabilities And Equity	1.83B	2.1B	2.16B	2.19B	1.03B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	64.76M	64.76M	68.57M	68.57M	43.54M
ECS Total Common Shares Outstanding	64.76M	64.76M	68.57M	68.57M	43.54M
Book Value / Share	13.51	14.54	13.81	14.03	12.84
Tangible Book Value	835M	901M	914M	930M	559M
Tangible Book Value Per Share	12.89	13.92	13.34	13.56	12.84
Total Debt	809M	1B	1.11B	1.08B	404M
Net Debt	731M	916M	1.06B	1B	252M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	5.43M	4.78M	17.51M	5.06M	5.14M
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	16.1M	21.09M	1.18M	1.19M	1.45M
Full Time Employees	21	12	8	8	8
Assets on Operating Lease - Gross	1.6B	1.85B	2B	2.02B	710M
Accumulated Allowance for Doubtful Accounts (Supple)	624K	775K	1.66M	3.22M	1.66M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	153M	79.34M	7.76M	35.91M	59.97M
Depreciation, Depletion & Amortization	2.46M	6.27M	3.44M	2.21M	2.95M
Total Depreciation, Depletion & Amortization	2.46M	6.27M	3.44M	2.21M	2.95M
Change in Accounts Receivable	-5.59M	-51.13M	50.25M	5.13M	-216M
Change in Other Net Operating Assets (Collected)	53.04M	-16.39M	-16.6M	5.62M	523M
Other Operating Activities	-123M	-41.85M	26.37M	12.2M	-31.95M
Cash from Operations	79.9M	-23.76M	71.23M	61.06M	338M
Acquisition of Real Estate Assets, Total	-617M	-348M	-150M	-110M	-109M
Sale of Real Estate Assets, Total	16.96M	95.5M	-	23.06M	328M
Net Sale / Acquisition of Real Estate Assets	-600M	-252M	-150M	-87.28M	219M
Investment in Marketable and Equity Securities, Total	-35.52M	47.16M	-	-475K	-
Cash from Investing	-635M	-205M	-150M	-87.76M	219M
Long-Term Debt Issued, Total	337M	230M	129M	412M	105M
Total Debt Issued	337M	230M	129M	412M	105M
Long-Term Debt Repaid, Total	-	-34.22M	-34.15M	-326M	-127M
Total Debt Repaid	-	-34.22M	-34.15M	-326M	-127M
Issuance of Common Stock	266M	-	25.29M	-	-
Repurchase of Common Stock	-	-	-	-	-367M
Common Dividends Paid	-20.81M	-12.95M	-27.43M	-20.57M	-95.99M
Common & Preferred Stock Dividends Paid	-20.81M	-12.95M	-27.43M	-20.57M	-95.99M
Other Financing Activities, Total	-	-74K	-	-	-
Cash from Financing	583M	182M	93.05M	64.78M	-486M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	27.47M	-46.35M	14.75M	38.09M	70.24M
Supplemental Items
Cash Income Tax Paid (Refund)	5.94M	4.69M	2.81M	3.89M	7.02M
Net Debt Issued / Repaid	337M	195M	95.19M	85.35M	-22.65M
Levered Free Cash Flow	56.68M	-51.23M	42.31M	34.74M	-144M
Unlevered Free Cash Flow	65.81M	-35.95M	84.21M	58.66M	-121M
Change In Net Working Capital	-46.9M	69.21M	-36.02M	-2.38M	156M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.8	1.63	2.13	2.48	2.01
Return on Total Capital	1.96	1.76	2.27	2.64	2.15
Return On Equity %	22.67	8.74	0.82	3.76	7.88
Return on Common Equity	22.67	8.74	0.82	3.76	7.88
Margin Analysis
Gross Profit Margin %	73.13	68.53	69.24	68.35	59.79
SG&A Margin	33.27	25.7	19.63	11.64	17.89
EBITDA Margin %	39.86	42.83	51.23	56.7	41.9
EBITA Margin %	37.61	39.17	49.88	55.83	40.34
EBIT Margin %	37.61	39.17	49.88	55.83	40.34
Income From Continuing Operations Margin %	140.28	60.74	5.33	23.18	46.77
Net Income Margin %	140.28	60.74	5.33	23.18	46.77
Net Avail. For Common Margin %	140.28	60.74	5.33	23.18	46.77
Normalized Net Income Margin	18.72	12.97	3.01	16.55	5.23
Levered Free Cash Flow Margin	51.91	-39.22	29.07	22.42	-112.21
Unlevered Free Cash Flow Margin	60.28	-27.52	57.87	37.86	-94.1
Asset Turnover
Asset Turnover	0.08	0.07	0.07	0.07	0.08
Fixed Assets Turnover	0.09	0.07	0.08	0.08	0.09
Receivables Turnover (Average Receivables)	20.32	64.17	170.55	105.54	95.29
Short Term Liquidity
Current Ratio	0.93	0.67	0.27	0.32	3.66
Quick Ratio	0.9	0.64	0.24	0.28	2.19
Operating Cash Flow to Current Liabilities	0.76	-0.1	0.3	0.18	4.11
Days Sales Outstanding (Average Receivables)	17.96	5.69	2.14	3.47	3.83
Average Days Payable Outstanding	203.32	222.18	168.87	105.55	76.23
Long Term Solvency
Total Debt/Equity	92.46	106.71	116.78	112.55	72.25
Total Debt / Total Capital	48.04	51.62	53.87	52.95	41.95
LT Debt/Equity	89.69	87.91	97.07	83.75	61.63
Long-Term Debt / Total Capital	46.6	42.53	44.78	39.4	35.78
Total Liabilities / Total Assets	52.22	55.08	56.23	56.03	45.74
EBIT / Interest Expense	2.81	2.09	1.08	2.26	1.39
EBITDA / Interest Expense	2.98	2.35	1.13	2.32	1.47
(EBITDA - Capex) / Interest Expense	2.35	2.15	1.12	2.32	1.47
Total Debt / EBITDA	18.59	17.49	14.54	12.21	7.38
Net Debt / EBITDA	16.8	15.95	13.98	11.29	4.62
Total Debt / (EBITDA - Capex)	23.58	19.15	14.66	12.21	7.38
Net Debt / (EBITDA - Capex)	21.31	17.47	14.09	11.29	4.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-0.55	19.63	11.42	5.02	-17.24
Gross Profit, 1 Yr. Growth %	0.83	12.12	12.57	13.76	-27.6
EBITDA, 1 Yr. Growth %	38.94	28.54	33.28	17.83	-38.85
EBITA, 1 Yr. Growth %	43.87	24.6	41.87	19.17	-40.21
EBIT, 1 Yr. Growth %	43.87	24.6	41.87	19.17	-40.21
Earnings From Cont. Operations, 1 Yr. Growth %	258.36	-48.2	-90.21	362.49	67
Net Income, 1 Yr. Growth %	258.36	-48.2	-90.21	362.49	67
Diluted EPS Before Extra, 1 Yr. Growth %	64.75	-57.59	-90.63	356.37	79.96
Normalized Net Income, 1 Yr. Growth %	156.14	0.64	-91.62	484.66	-73.86
Net Property, Plant and Equip., 1 Yr. Growth %	84.64	15.35	7.01	0.78	-64.78
Accounts Receivable, 1 Yr. Growth %	-13.25	-86.91	188.22	39.5	-48.31
Total Assets, 1 Yr. Growth %	80.51	14.44	3.23	1.16	-52.94
Common Equity, 1 Yr. Growth %	83.73	7.58	0.6	1.62	-41.93
Tangible Book Value, 1 Yr. Growth %	95.56	7.94	1.46	1.68	-39.9
Cash From Operations, 1 Yr. Growth %	135.11	-129.74	-551.86	-14.27	453.1
Capital Expenditures, 1 Yr. Growth %	265.19	-45.81	-87.66	-	-
Levered Free Cash Flow, 1 Yr. Growth %	166.18	-191.27	-366.76	-44.2	-711.73
Unlevered Free Cash Flow, 1 Yr. Growth %	132.01	-155.08	-334.25	-30.35	-305.7
Dividend Per Share, 1 Yr. Growth %	-50	100	-25	366.67	167.86
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.61	9.07	15.45	8.91	-6.77
Gross Profit, 2 Yr. CAGR %	10.82	6.32	12.35	8.76	-9.25
EBITDA, 2 Yr. CAGR %	46.83	33.64	30.89	25.31	-15.11
EBITA, 2 Yr. CAGR %	43.98	33.89	32.96	30.03	-15.59
EBIT, 2 Yr. CAGR %	43.98	33.89	32.96	30.03	-15.59
Earnings From Cont. Operations, 2 Yr. CAGR %	93.3	36.24	-77.49	-32.72	177.91
Net Income, 2 Yr. CAGR %	93.3	36.24	-77.49	-32.72	177.91
Diluted EPS Before Extra, 2 Yr. CAGR %	19.51	-24.98	-80.07	-34.62	186.58
Normalized Net Income, 2 Yr. CAGR %	44.56	45.7	-48.97	-30	23.64
Net Property, Plant and Equip., 2 Yr. CAGR %	55.83	45.94	11.1	3.85	-40.42
Accounts Receivable, 2 Yr. CAGR %	-45.62	-66.3	-38.57	100.52	-15.08
Total Assets, 2 Yr. CAGR %	50.05	43.73	8.69	2.19	-31
Common Equity, 2 Yr. CAGR %	47.84	40.59	4.03	1.11	-23.18
Tangible Book Value, 2 Yr. CAGR %	54.23	45.29	4.65	1.57	-21.83
Cash From Operations, 2 Yr. CAGR %	174.99	-16.38	-5.58	96.82	117.75
Capital Expenditures, 2 Yr. CAGR %	156.4	40.68	-74.14	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	170.3	55.11	-13.18	48	52.02
Unlevered Free Cash Flow, 2 Yr. CAGR %	133.84	12.58	13.59	27.73	19.7
Dividend Per Share, 2 Yr. CAGR %	-50	0	22.47	87.08	253.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.39	11.48	9.85	12.37	-0.61
Gross Profit, 3 Yr. CAGR %	8.5	11.25	8.37	9.87	-5.03
EBITDA, 3 Yr. CAGR %	23.03	40.46	33.52	26.38	-1.34
EBITA, 3 Yr. CAGR %	21.17	37.21	36.5	28.19	0.36
EBIT, 3 Yr. CAGR %	21.17	37.21	36.5	28.19	0.36
Earnings From Cont. Operations, 3 Yr. CAGR %	65.93	24.62	-43.37	-38.34	-8.91
Net Income, 3 Yr. CAGR %	65.93	24.62	-43.37	-38.34	-8.91
Diluted EPS Before Extra, 3 Yr. CAGR %	14.31	-21.28	-62.51	-43.4	-8.37
Normalized Net Income, 3 Yr. CAGR %	22.57	20.1	-18.1	15.04	-49.59
Net Property, Plant and Equip., 3 Yr. CAGR %	54.18	40.97	31.6	7.55	-27.58
Accounts Receivable, 3 Yr. CAGR %	-18.61	-66.17	-31.08	-19.25	27.62
Total Assets, 3 Yr. CAGR %	50.62	37.1	28.71	6.12	-21.09
Common Equity, 3 Yr. CAGR %	49.19	32.98	25.75	3.22	-15.95
Tangible Book Value, 3 Yr. CAGR %	57.38	36.93	28.9	3.65	-14.73
Cash From Operations, 3 Yr. CAGR %	73.66	31.02	27.97	-8.57	177.74
Capital Expenditures, 3 Yr. CAGR %	-	52.73	-37.49	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	79.18	87.61	25.71	-14.78	108.56
Unlevered Free Cash Flow, 3 Yr. CAGR %	70.47	44.01	43.72	-3.5	49.72
Dividend Per Share, 3 Yr. CAGR %	-54.33	-20.63	-9.14	91.29	110.86
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	27.37	9.13	10.54	10.44	3.15
Gross Profit, 5 Yr. CAGR %	28.71	8.45	10.02	10.25	-0.64
EBITDA, 5 Yr. CAGR %	47.41	18.51	26.11	34.19	11.39
EBITA, 5 Yr. CAGR %	46.91	16.87	25.75	34.29	12.63
EBIT, 5 Yr. CAGR %	46.91	16.87	25.75	34.29	12.63
Earnings From Cont. Operations, 5 Yr. CAGR %	52.54	11.65	-25.37	-2.61	7.01
Net Income, 5 Yr. CAGR %	52.5	11.76	-25.37	-2.61	7.01
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.94	-18.24	-45.57	-26.91	-15.42
Normalized Net Income, 5 Yr. CAGR %	45	8.21	-16.96	21.25	-3.43
Net Property, Plant and Equip., 5 Yr. CAGR %	45.05	37.48	35.24	24.75	-4.15
Accounts Receivable, 5 Yr. CAGR %	-13.2	-41.68	-27.27	-31.06	-25.08
Total Assets, 5 Yr. CAGR %	36.65	34.83	32.19	21.89	0.3
Common Equity, 5 Yr. CAGR %	36.67	32.07	29.15	19.17	3.25
Tangible Book Value, 5 Yr. CAGR %	42.92	37.28	33.68	21.51	5.53
Cash From Operations, 5 Yr. CAGR %	37.06	-0.36	36.1	42.03	58.29
Capital Expenditures, 5 Yr. CAGR %	41.58	50.71	-	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	58.12	34.36	33.83	34.97	46.54
Unlevered Free Cash Flow, 5 Yr. CAGR %	59.21	19.29	44.68	37.27	33.58
Dividend Per Share, 5 Yr. CAGR %	-33.17	-24.21	-32.24	11.84	56.46