Definitions
Average number of employees
Total annual number of paid working hours divided by number of standard working hours per year.
CAGR, Compound Annual Growth Rate
The mean annual growth rate over a specified period of time longer than a year.
Capital employed
Total assets less interest-free liabilities
Capital turnover ratio
Net sales divided by average total assets.1)
Cash conversion
Cash flow after continuous investments divided by profit for the year adjusted by depreciation and amortization for the year.
Cash flow per share
Cash flow after investments in relation to the weighted average number of shares
Contribution margin per region
Net sales less cost of products sold and expenses directly attributable to the respective region.
Days sales outstanding, DSO
The total of accounts receivables and accrued income less advances from customers and prepaid income in relation to twelve months rolling net sales divided by 365.
Earnings per share
Net profit for the year attributable to Parent Company shareholders in relation to the weighted average number of shares (excluding treasury shares).
EBITA
Operating result items plus amortization.
EBITDA
Operating result items plus depreciation and amortization.
Equity/Assets ratio
Total equity in relation to total assets.
Interest cover ratio
Profit before tax plus financial expenses in relation to financial expenses.
Net debt
Interest-bearing liabilities less cash and cash equivalents.
Net Debt/Equity ratio
Net debt in relation to total equity.
Operational cash conversion
Cash flow from operating activities divided by EBITDA.
Operating margin
Operating result in relation to net sales.
Orders, gross
Order intake during a period.
Orders, net
Order intake during a period adjusted for cancellations, removals of orders and currency effects.
Profit margin
Profit before tax in relation to net sales.
Return on capital employed
Profit before tax plus financial expenses in relation to average capital employed.1)
Return on shareholders’ equity
Net profit for the year attributable to Parent Company shareholders in relation to average shareholders’ equity excluding non-controlling interests.1)
Shareholders’ equity per share
Shareholders’ equity excluding non-controlling interests in relation to the number of shares at year-end (excluding treasury shares).
Value added per employee
Operating profit plus salaries, other remuneration and social security costs and cost of incentive programs divided by average number of employees.
Working capital
Short-term interest-free assets less short-term interest-free liabilities, excluding current tax and derivatives.
1) Average based on the last five quarters.