Financial Ratios Lundberg B

Equities

LUND B

SE0000108847

Investment Holding Companies

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-02-09 pm EST			5-day change	1st Jan Change
550.50 ^SEK	+0.55%		+3.38%	+7.62%

09:25am	Lundbergs Acquires Shares in Industrivärden for Over 480 Million Kronor	FW
Feb. 05	Major Shareholder Lundbergs Buys Shares in Alleima for SEK 82 Million	FW

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Published financial data: LUNDBERG B

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Interest and Investment Income, Total (Revenue Block)	77M	906M	695M	865M	1.18B
Gain (Loss) on Sale of Investments, Total (Rev)	73M	364M	64M	235M	273M
Other Revenues, Total	22.64B	30.32B	27.74B	34.62B	32.25B
Total Revenues	22.79B	31.6B	28.5B	35.72B	33.71B
Property Expenses	9.55B	11.4B	12.45B	12.73B	14.57B
Selling General & Admin Expenses, Total	4.09B	4.46B	6.06B	5.34B	6.04B
Depreciation & Amortization - (IS) - (Collected)	1.19B	1.3B	1.39B	1.42B	1.46B
Other Operating Expenses	2.39B	3.08B	1.72B	2.97B	2.64B
Total Operating Expenses	17.22B	20.25B	21.63B	22.46B	24.71B
Operating Income (REIT / Utility Template)	5.57B	11.34B	6.87B	13.27B	9B
Interest Expense, Total	-274M	-317M	-335M	-534M	-605M
Interest and Investment Income	12M	10M	1M	-	75M
Net Interest Expenses	-262M	-307M	-334M	-534M	-530M
Other Non Operating Income (Expenses)	-12M	5M	30M	14M	-14M
EBT, Excl. Unusual Items	5.3B	11.04B	6.57B	12.75B	8.46B
Gain (Loss) on Sale of Investments	6M	-	-12M	1M	-4M
Gain (Loss) on Sale of Assets	70M	337M	34M	15M	21M
Asset Writedown	-938M	5.76B	599M	-3.53B	1.33B
Insurance Settlements	36M	-	489M	7M	3M
EBT, Incl. Unusual Items	4.47B	17.13B	7.68B	9.24B	9.81B
Income Tax Expense	363M	2.21B	1.91B	566M	1.42B
Earnings From Continuing Operations	4.11B	14.92B	5.77B	8.68B	8.38B
Net Income to Company	4.11B	14.92B	5.77B	8.68B	8.38B
Minority Interest	-517M	-3.56B	-4.26B	-1.42B	-2.08B
Net Income - (IS)	3.59B	11.37B	1.51B	7.26B	6.3B
Net Income to Common Incl Extra Items	3.59B	11.37B	1.51B	7.26B	6.3B
Net Income to Common Excl. Extra Items	3.59B	11.37B	1.51B	7.26B	6.3B
Per Share Items
Net EPS - Basic	14.48	45.84	6.1	29.25	25.41
Basic EPS - Continuing Operations	14.48	45.84	6.1	29.25	25.41
Basic Weighted Average Shares Outstanding	248M	248M	248M	248M	248M
Net EPS - Diluted	14.48	45.84	6.1	29.25	25.41
Diluted EPS - Continuing Operations	14.48	45.84	6.1	29.25	25.41
Diluted Weighted Average Shares Outstanding	248M	248M	248M	248M	248M
Normalized Basic EPS	11.26	13.49	-0.62	26.39	12.92
Normalized Diluted EPS	11.26	13.49	-0.62	26.39	12.92
Dividend Per Share	3.5	3.75	4	4.3	4.6
Payout Ratio	-	7.64	61.43	13.67	16.92
Supplemental Items
EBITDA	6.66B	12.53B	8.17B	14.56B	10.32B
EBITA	5.59B	11.4B	6.93B	13.31B	9.05B
EBIT	5.57B	11.34B	6.87B	13.27B	9B
EBITDAR	6.66B	12.54B	8.17B	14.57B	10.33B
Total Revenues (As Reported)	20.95B	26.28B	32.45B	30.46B	31.7B
Effective Tax Rate - (Ratio)	8.12	12.9	24.83	6.12	14.53
Total Current Taxes	683M	729M	1.35B	905M	818M
Total Deferred Taxes	-321M	1.48B	559M	-340M	607M
Normalized Net Income	2.79B	3.35B	-153M	6.54B	3.2B
Interest Capitalized	8M	11M	-	-	-
Interest on Long-Term Debt	27M	27M	28M	30M	33M
Non-Cash Pension Expense	0	0	-8M	-	-8M
Supplemental Operating Expense Items
Net Rental Expense, Total	4M	7M	6M	9M	9M
Imputed Operating Lease Interest Expense	436K	843K	742K	1.88M	2.14M
Imputed Operating Lease Depreciation	3.56M	6.16M	5.26M	7.12M	6.86M
Maintenance & Repair Expenses, Total	204M	199M	215M	245M	223M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Gross Property Plant And Equipment	81.37B	86.68B	93.62B	99.22B	102B
Accumulated Depreciation	-27.93B	-28.9B	-30.32B	-31.49B	-32.1B
Net Property Plant And Equipment	53.44B	57.78B	63.3B	67.74B	70.12B
Total Real Estate Assets	53.44B	57.78B	63.3B	67.74B	70.12B
Cash And Equivalents	1.61B	2.21B	2.79B	2.03B	1.27B
Accounts Receivable, Total	2.08B	2.47B	3.01B	2.77B	2.9B
Other Receivables	508M	574M	1.55B	609M	553M
Investment In Debt and Equity Securities	15.24B	19.38B	16.98B	20.31B	22.02B
Goodwill	438M	441M	441M	441M	441M
Other Intangibles, Total	331M	285M	163M	252M	204M
Other Current Assets, Total	5.53B	6.44B	11.66B	7.59B	7.92B
Deferred Tax Assets Long-Term (Collected)	1M	3M	2M	3M	3M
Other Long-Term Assets, Total	101B	113B	112B	114B	119B
Total Assets	180B	203B	212B	216B	224B
Liabilities
Current Portion of Long-Term Debt	1.08B	2.81B	5.12B	3.12B	5.2B
Current Portion of Leases	121M	80M	98M	96M	99M
Short-Term Borrowings	2.09B	780M	681M	1.67B	674M
Long-Term Debt	17.12B	17.81B	14.26B	14.13B	14.05B
Long-Term Leases	856M	855M	840M	855M	844M
Accounts Payable, Total	2.75B	3.19B	4.19B	3.77B	4.13B
Current Income Taxes Payable	241M	160M	157M	147M	217M
Unearned Revenue, Current	380M	494M	550M	545M	557M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	1.89B	1.7B	2.75B	2.2B	2.35B
Pension & Other Post Retirement Benefits	224M	204M	145M	143M	165M
Deferred Tax Liability Non-Current	23.91B	26.72B	28.45B	28.55B	28.89B
Other Non Current Liabilities	626M	550M	579M	558M	516M
Total Liabilities	51.29B	55.35B	57.82B	55.77B	57.69B
Common Stock, Total	2.48B	2.48B	2.48B	2.48B	2.48B
Retained Earnings	72.73B	83.29B	83.98B	89.84B	94.86B
Comprehensive Income and Other	10.04B	13.81B	13.36B	15.24B	16.4B
Total Common Equity	85.25B	99.58B	99.82B	108B	114B
Minority Interest	43.47B	47.58B	54.12B	52.77B	52.97B
Total Equity	129B	147B	154B	160B	167B
Total Liabilities And Equity	180B	203B	212B	216B	224B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	248M	248M	248M	248M	248M
ECS Total Common Shares Outstanding	248M	248M	248M	248M	248M
Book Value / Share	343.76	401.54	402.5	433.7	458.6
Tangible Book Value	84.48B	98.86B	99.22B	107B	113B
Tangible Book Value Per Share	340.66	398.61	400.06	430.91	456
Total Debt	21.26B	22.33B	21B	19.86B	20.87B
Net Debt	19.66B	20.12B	18.21B	17.83B	19.6B
Debt Equivalent of Unfunded Proj. Benefit Obligation	80M	-350M	-175M	-	-113M
Debt Equivalent Oper. Leases	32M	56M	48M	72M	72M
Minority Interest, Total (Incl. Fin. Div)	43.47B	47.58B	54.12B	52.77B	52.97B
Equity Method Investments, Total	29.75B	35.96B	33.99B	39.85B	43.61B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	916M	975M	1.23B	1.12B	1.2B
Inventories - Finished Goods, Total	2.21B	2.28B	2.83B	2.9B	3.41B
Inventories - Others	1.34B	1.87B	2B	2.24B	2.47B
Buildings, Total	6.44B	6.51B	6.84B	7.02B	7.22B
Machinery, Total	29.83B	31.46B	32.98B	34.13B	35B
Full Time Employees	3.29K	4.07K	4.09K	4.2K	4.17K
Accumulated Allowance for Doubtful Accounts (Supple)	45M	28M	28M	30M	30M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	3.59B	11.37B	1.51B	7.26B	6.3B
Depreciation, Depletion & Amortization	1.17B	1.25B	1.34B	1.38B	1.4B
Amortization of Goodwill and Intangible Assets - (CF)	19M	57M	57M	38M	51M
Total Depreciation, Depletion & Amortization	1.19B	1.3B	1.39B	1.42B	1.46B
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	1.63B	-5.07B	204M	4.57B	-233M
(Income) Loss On Equity Investments - (CF)	-2.15B	-4.9B	2.59B	-5.24B	-2.32B
Change in Accounts Receivable	-73M	-188M	-1.32B	898M	-
Change In Inventories	70M	-414M	-1.11B	-2M	-739M
Change in Other Net Operating Assets (Collected)	-215M	399M	1.01B	-212M	458M
Other Operating Activities	97M	3.99B	4.48B	1.2B	2.74B
Cash from Operations	4.14B	6.49B	8.74B	9.89B	7.66B
Acquisition of Real Estate Assets, Total	-2.85B	-3.04B	-3.16B	-3.53B	-3.62B
Sale of Real Estate Assets, Total	170M	648M	46M	53M	58M
Net Sale / Acquisition of Real Estate Assets	-2.68B	-2.39B	-3.11B	-3.48B	-3.56B
Cash Acquisitions	-	-193M	-114M	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-2.13B	-2B	-1.04B	-1.68B	-2.29B
Net (Increase) Decrease in Loans Originated / Sold - Investing	141M	25M	3M	-	-
Other Investing Activities, Total	-	-	-	-	-21M
Cash from Investing	-4.67B	-4.56B	-4.26B	-5.16B	-5.88B
Short Term Debt Issued, Total	-	-	-	336M	-
Long-Term Debt Issued, Total	7.85B	5.15B	2.8B	7.2B	7.6B
Total Debt Issued	7.85B	5.15B	2.8B	7.54B	7.6B
Short Term Debt Repaid, Total	-2.98B	-379M	-170M	-	-115M
Long-Term Debt Repaid, Total	-4.05B	-3.82B	-4.1B	-8.93B	-6.83B
Total Debt Repaid	-7.03B	-4.2B	-4.27B	-8.93B	-6.95B
Repurchase of Common Stock	-231M	-	-	-1.12B	-647M
Common Dividends Paid	-	-868M	-930M	-992M	-1.07B
Common & Preferred Stock Dividends Paid	-	-868M	-930M	-992M	-1.07B
Other Financing Activities, Total	-1.08B	-1.42B	-1.51B	-2B	-1.49B
Cash from Financing	-493M	-1.34B	-3.91B	-5.5B	-2.55B
Foreign Exchange Rate Adjustments	-4M	2M	5M	3M	2M
Miscellaneous Cash Flow Adjustments	1M	1M	-	-1M	-
Net Change in Cash	-1.02B	603M	579M	-761M	-758M
Supplemental Items
Cash Interest Paid	237M	243M	273M	469M	488M
Cash Income Tax Paid (Refund)	749M	914M	1.91B	409M	763M
Net Debt Issued / Repaid	818M	950M	-1.47B	-1.39B	652M
Levered Free Cash Flow	2.67B	5.4B	-615M	11.87B	4.78B
Unlevered Free Cash Flow	2.84B	5.6B	-406M	12.21B	5.16B
Change In Net Working Capital	607M	1.07B	4.65B	-4.27B	-190M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.96	3.71	2.07	3.88	2.55
Return on Total Capital	2.36	4.44	2.49	4.67	3.06
Return On Equity %	3.23	10.82	3.83	5.52	5.13
Return on Common Equity	4.31	12.3	1.52	7	5.7
Margin Analysis
Gross Profit Margin %	58.11	63.91	56.32	64.37	56.77
SG&A Margin	29.96	24.43	33.42	25.89	29.77
EBITDA Margin %	29.22	39.65	28.65	40.76	30.61
EBITA Margin %	24.53	36.08	24.32	37.25	26.85
EBIT Margin %	24.44	35.9	24.12	37.14	26.7
Income From Continuing Operations Margin %	18.02	47.23	20.25	24.29	24.87
Net Income Margin %	15.76	35.98	5.31	20.31	18.69
Net Avail. For Common Margin %	15.76	35.98	5.31	20.31	18.69
Normalized Net Income Margin	12.26	10.59	-0.54	18.32	9.5
Levered Free Cash Flow Margin	11.7	17.1	-2.16	33.24	14.18
Unlevered Free Cash Flow Margin	12.45	17.72	-1.42	34.17	15.3
Asset Turnover
Asset Turnover	0.13	0.17	0.14	0.17	0.15
Fixed Assets Turnover	0.44	0.57	0.47	0.55	0.49
Inventory Turnover (Average Inventory)	2.21	2.38	2.23	2.06	2.18
Short Term Liquidity
Current Ratio	1.14	1.27	1.4	1.13	0.96
Quick Ratio	0.49	0.57	0.54	0.47	0.36
Operating Cash Flow to Current Liabilities	0.48	0.7	0.65	0.86	0.58
Days Outstanding Inventory (Average Inventory)	165.25	153.48	164.03	176.84	167.6
Average Days Payable Outstanding	97.81	90	100.51	112.31	93.89
Long Term Solvency
Total Debt/Equity	16.52	15.18	13.64	12.39	12.52
Total Debt / Total Capital	14.18	13.18	12	11.02	11.12
LT Debt/Equity	13.97	12.68	9.81	9.35	8.93
Long-Term Debt / Total Capital	11.99	11.01	8.63	8.32	7.94
Total Liabilities / Total Assets	28.49	27.33	27.3	25.81	25.71
EBIT / Interest Expense	20.33	35.79	20.52	24.85	14.88
EBITDA / Interest Expense	24.68	39.9	24.67	27.5	17.28
(EBITDA - Capex) / Interest Expense	20.19	34.45	20.36	24.18	13.79
Total Debt / EBITDA	3.14	1.77	2.54	1.35	2
Net Debt / EBITDA	2.91	1.59	2.2	1.21	1.87
Total Debt / (EBITDA - Capex)	3.84	2.05	3.08	1.54	2.5
Net Debt / (EBITDA - Capex)	3.55	1.84	2.67	1.38	2.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-18.34	38.63	-9.02	25.33	-5.64
Gross Profit, 1 Yr. Growth %	-23.39	52.46	-19.45	43.24	-16.78
EBITDA, 1 Yr. Growth %	-35.96	88.16	-34.82	78.32	-29.15
EBITA, 1 Yr. Growth %	-40.25	103.81	-39.21	91.98	-31.98
EBIT, 1 Yr. Growth %	-40.38	103.63	-39.4	93.02	-32.17
Earnings From Cont. Operations, 1 Yr. Growth %	-78.97	263.27	-61.31	50.32	-3.4
Net Income, 1 Yr. Growth %	-69.89	216.54	-86.68	379.19	-13.14
Diluted EPS Before Extra, 1 Yr. Growth %	-69.89	216.57	-86.69	379.51	-13.13
Normalized Net Income, 1 Yr. Growth %	-246.73	19.75	-104.57	-4.37K	-51.04
Net Property, Plant and Equip., 1 Yr. Growth %	4.28	8.12	9.56	7.01	3.52
Inventory, 1 Yr. Growth %	7.58	14.64	18.49	3.21	13.06
Accounts Receivable, 1 Yr. Growth %	0.72	18.27	21.9	-7.95	4.84
Total Assets, 1 Yr. Growth %	2.69	12.5	4.56	2.05	3.84
Common Equity, 1 Yr. Growth %	5	16.81	0.24	7.75	5.74
Tangible Book Value, 1 Yr. Growth %	4.34	17.01	0.36	7.71	5.82
Cash From Operations, 1 Yr. Growth %	-33.06	56.75	34.63	13.15	-22.52
Capital Expenditures, 1 Yr. Growth %	10.81	40.41	-16.38	22.56	27.43
Levered Free Cash Flow, 1 Yr. Growth %	-60.15	102.73	-111.39	-2.03K	-60.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-58.51	97.47	-107.25	-3.11K	-58.14
Dividend Per Share, 1 Yr. Growth %	-	7.14	6.67	7.5	6.98
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.65	6.4	11.83	6.78	8.75
Gross Profit, 2 Yr. CAGR %	17.01	8.07	10.1	7.42	9.19
EBITDA, 2 Yr. CAGR %	30.72	9.77	10.75	7.81	12.41
EBITA, 2 Yr. CAGR %	39.03	10.39	11.31	8.03	14.27
EBIT, 2 Yr. CAGR %	39.2	10.18	11.08	8.15	14.42
Earnings From Cont. Operations, 2 Yr. CAGR %	-25.91	-12.6	18.55	-23.74	20.5
Net Income, 2 Yr. CAGR %	0.01	-2.38	-35.07	-20.11	104.02
Diluted EPS Before Extra, 2 Yr. CAGR %	0	-2.37	-35.09	-20.12	104.1
Normalized Net Income, 2 Yr. CAGR %	13	32.55	-76.62	39.87	357.06
Net Property, Plant and Equip., 2 Yr. CAGR %	39.36	6.18	8.84	8.28	5.25
Inventory, 2 Yr. CAGR %	2.09	11.06	16.55	10.59	8.02
Accounts Receivable, 2 Yr. CAGR %	2.08	9.15	20.07	5.93	-1.76
Total Assets, 2 Yr. CAGR %	15.16	7.48	8.46	3.3	2.94
Common Equity, 2 Yr. CAGR %	15.27	10.74	8.21	3.93	6.74
Tangible Book Value, 2 Yr. CAGR %	14.9	10.49	8.37	3.97	6.76
Cash From Operations, 2 Yr. CAGR %	-9.52	2.43	45.27	23.43	-6.37
Capital Expenditures, 2 Yr. CAGR %	2.8	24.73	8.39	1.24	20.95
Levered Free Cash Flow, 2 Yr. CAGR %	82.45	-10.13	-51.95	48.27	178.73
Unlevered Free Cash Flow, 2 Yr. CAGR %	72.45	-9.5	-62.17	47.66	256.51
Dividend Per Share, 2 Yr. CAGR %	4.58	-	6.9	7.08	7.24
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.37	17.12	0.7	16.16	2.47
Gross Profit, 3 Yr. CAGR %	-1.21	27.8	-2.44	20.19	-1.34
EBITDA, 3 Yr. CAGR %	-3.5	47.59	-7.74	29.81	-6.26
EBITA, 3 Yr. CAGR %	-4.54	57.97	-9.52	33.49	-7.41
EBIT, 3 Yr. CAGR %	-4.57	58.02	-9.73	33.54	-7.43
Earnings From Cont. Operations, 3 Yr. CAGR %	-24.29	25.87	-33.39	28.31	-17.49
Net Income, 3 Yr. CAGR %	-18.7	46.84	-49.74	26.42	-17.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-18.69	46.83	-49.76	26.41	-17.85
Normalized Net Income, 3 Yr. CAGR %	37.14	15.2	-56.87	32.81	-1.43
Net Property, Plant and Equip., 3 Yr. CAGR %	25.62	28.05	7.3	8.23	6.67
Inventory, 3 Yr. CAGR %	7.34	6.11	13.48	11.92	11.41
Accounts Receivable, 3 Yr. CAGR %	-1.49	7.21	13.24	9.89	5.56
Total Assets, 3 Yr. CAGR %	11.69	14.27	6.5	6.28	3.48
Common Equity, 3 Yr. CAGR %	10.85	15.78	7.13	8.06	4.53
Tangible Book Value, 3 Yr. CAGR %	10.61	15.6	7.01	8.15	4.59
Cash From Operations, 3 Yr. CAGR %	-6.51	8.67	12.21	33.66	5.68
Capital Expenditures, 3 Yr. CAGR %	18.99	14.05	9.19	12.92	6.95
Levered Free Cash Flow, 3 Yr. CAGR %	-15.03	88.95	-54.86	64.56	-4
Unlevered Free Cash Flow, 3 Yr. CAGR %	-14.48	80.4	-60.99	62.67	-2.7
Dividend Per Share, 3 Yr. CAGR %	5.27	5.43	-	7.1	7.05
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.62	6.25	3.71	12.68	3.85
Gross Profit, 5 Yr. CAGR %	2.15	7.49	3.17	18.91	2.05
EBITDA, 5 Yr. CAGR %	4.55	7.3	1.96	30.17	-0.15
EBITA, 5 Yr. CAGR %	6.39	7.89	1.52	35.7	-0.66
EBIT, 5 Yr. CAGR %	6.42	7.83	1.4	35.78	-0.75
Earnings From Cont. Operations, 5 Yr. CAGR %	-9.19	-0.7	-9.42	3.01	-15.57
Net Income, 5 Yr. CAGR %	-3.88	-1.47	-25.69	15.11	-11.98
Diluted EPS Before Extra, 5 Yr. CAGR %	-3.88	-1.47	-25.7	15.1	-11.98
Normalized Net Income, 5 Yr. CAGR %	108.51	18.78	-32.41	24.5	10.97
Net Property, Plant and Equip., 5 Yr. CAGR %	14.17	16.53	18.61	19.74	6.47
Inventory, 5 Yr. CAGR %	3.52	6.41	10.93	7.88	11.27
Accounts Receivable, 5 Yr. CAGR %	0.31	1.82	6.63	6.7	6.98
Total Assets, 5 Yr. CAGR %	10.6	10.64	10.39	9.75	5.06
Common Equity, 5 Yr. CAGR %	12.16	11.76	9.78	10.88	6.97
Tangible Book Value, 5 Yr. CAGR %	12.05	11.67	9.71	10.8	6.91
Cash From Operations, 5 Yr. CAGR %	-3.23	8.2	11.51	14.35	4.37
Capital Expenditures, 5 Yr. CAGR %	6.78	16.32	14.63	8.76	13.75
Levered Free Cash Flow, 5 Yr. CAGR %	-3.02	4.67	-32.36	71.48	-6.5
Unlevered Free Cash Flow, 5 Yr. CAGR %	-3.1	4.46	-38.3	66.5	-5.48
Dividend Per Share, 5 Yr. CAGR %	5.72	6.02	5.92	6.09	-