Financial Information

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Christina Johansson
CCO
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The party ultimately responsible for handling of personal data is either a subsidiary within the group or Knowit AB. If you know which Knowit company is the controller, you can contact that Knowit company directly, and you can always contact us at dataprotection@knowitgroup.com.

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By contacting us you consent to Knowit handling your e-mail address and your name for the purpose of sending the requested information to you.

The party ultimately responsible for handling of personal data is either a subsidiary within the group or Knowit AB. If you know which Knowit company is the controller, you can contact that Knowit company directly, and you can always contact us at dataprotection@knowitgroup.com.

We store information about you for as long as we have your consent. You can at any time revoke your consent by clicking on Unsubscribe. The processing is performed in accordance with Knowit’s privacy policy.

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Contact us
Marie Björklund
CFO
Contact me
Contact me

By contacting us you consent to Knowit handling your e-mail address and your name for the purpose of sending the requested information to you.

The party ultimately responsible for handling of personal data is either a subsidiary within the group or Knowit AB. If you know which Knowit company is the controller, you can contact that Knowit company directly, and you can always contact us at dataprotection@knowitgroup.com.

We store information about you for as long as we have your consent. You can at any time revoke your consent by clicking on Unsubscribe. The processing is performed in accordance with Knowit’s privacy policy.

Do you want us to call you?

By contacting us you consent to Knowit handling your e-mail address and your name for the purpose of sending the requested information to you.

The party ultimately responsible for handling of personal data is either a subsidiary within the group or Knowit AB. If you know which Knowit company is the controller, you can contact that Knowit company directly, and you can always contact us at dataprotection@knowitgroup.com.

We store information about you for as long as we have your consent. You can at any time revoke your consent by clicking on Unsubscribe. The processing is performed in accordance with Knowit’s privacy policy.

Thank you. We will call you as soon as possible.

Financial reports

Financial calendar

5
Feb
8:30

Year-end report 2020

2021 Feb 05
29
Apr
8:30

Interim report Q1 2021

2021 Apr 29
29
Apr
13:00

AGM 2021

2021 Apr 29
15
Jul
8:30

Interim report Q2 2021

2021 Jul 15
22
Oct
8:30

Interim report Q3 2021

2021 Oct 22
4
Feb
8:30

Year-end report 2021

2022 Feb 04

Financial review

NET SALES AND RESULT, SEK million 2019
2018 2017 2016 2015  2014 2013 2012 2011  2010
Net sales 3,335.1 3,083.3 2,733.5 2,426.2 2,205.6 2,030.7 1,972.9 1,931.2 1,927.7 1,698.4
Operating profit before amortization of intangible assets (EBITA) 319.2 315.1 281.8 211.6 163.9 120.9 114.2 141.3 198.9 176.5
Profit after financial items 313.2 303.6 266.7 191.8 116.0 82.5 86.5 107.1 165.4 146.2
Profit margin, % 8.2 12.8 12.7 10.0 8.6 4.1 4.3 5.5 8.9 8.6
EBITA margin, % 9.6 10.2 10.3 8.7 7.4 6.0 5.8 7.3 10.7 10.4
Sales growth, % 9.4 9.8 9.8 7.9 5.3 2.9 2.2 3.4 10.0 22.6

 

CAPITAL STRUCTURE, SEK million 31 Dec 2019 31 Dec 2018 31 Dec 2017 31 Dec 2016 31 Dec 2015 31 Dec 2014
31 Dec 2013 31 Dec 2012 31 Dec 2011 31 Dec 2010
Intangible assets 983.4 963.0 921.4 915.7 898.5 952.9 975.2 943.3 952.3 960.9
Other fixed assets 245.9 51.0 51.8 53.6 52.8 42.7 39.1 40.9 41.1 42.0
Current assets 996.9 908.6 816.5 642.3 524.0 555.1 580.7 629.7 579.2 511.9
Assets in disposal groups - - 4.3 - - 15.3 - - - -
TOTAL ASSETS 2,226.2 1,922.6 1,794.0 1,611.6 1,475.3 1,566.0 1,595.0 1,613.9 1,572.6 1,514.8
Equity attributable to Parent Company's shareholders 1,225.1 1,091.4 938.7 835.0 738.9 786.7 780.4 849.0 808.8 713.2
Non-controlling interests 16.0 14.9 12.5 9.3 13.3 11.3 6.2 4.4 4.1 3.3
Total equity 1,241.1 1,106.3 951,2 844.3 752.2 798.0 786.6 853.4 812.9 716.5
Interest-bearing long-term liabilities 164.4 79.5 55.0 101.1 81.6 93.6 104.4 79.8 125.3 192.7
Other long-term liabilities 50.7 45.0 39.0 34.8 36.2 44.4 53.2 57.3 82.6 75.1
Interest-bearing current liabilities 105.8 26.8 95.2 62.7 138.9 178.7 209.9 167.1 104.3 111.0
Other current liabilities 664.2 665.0 652.4 568.7 466.4 436.4 440.9 456.3 447.5 419.5
Liabilities in disposal groups - - 1.2 - - 14.8 - - - -
TOTAL EQUITY AND LIABILITIES 2,226.2 1,922.6 1,794.0 1,611.6 1,475.3 1,566.0 1,595.0 1.613.9 1,572.6 1,514.8
Equity/assets ratio, % 55.7 57.5 53.0 52.4 51.0 51.0 49.3 52.9 51.7 47.3
Investments in goodwill and other fair value adjustments  8.0 6.1 7.3 - 10.7 5.0 74.5 13.9 18.3 271.5
Investments in machinery and equipment 7.9 6.1 13.4 4.8 12.7 8.2 4.5 8.2 7.9 4.3
Cash flow from operating activities 305.0 274.1 196.9 193.1 68.5 97.7 106.0 10.0 107.5 140.6
Net cash and cash equivalents 8.2 88.3 -45.0 -119.0 -213.8 -180.9 -209.9 -145.7 -103.0 -141.9
Capital employed 1,511.3 1,212.6 1,102.6 1,008.1 972.7 1,085.2 1,100.9 1,100.3 1,042.5 1,020.2
 Acid test ratio, x 1.3 1.3 1.1 1.0 0.9 0.9 0.9 1.1 1.0 1.0
Net debt ratio, x 0.0 -0.1 0.0 0.1 0.3 0.2 0.3 0.2 0.1 0.2

 

PROFITABILITY 2019
2018 2017 2016 2015  2014 2013 2012 2011 2010
Return on capital, % 15.8 16.7 16.2 13.2 9.0 6.3 6.0 7.6 11.4 11.5
Return on equity, % 20.6 22.5 22.5 18.1 11.9 7.5 6.6 9.7 15.6 16.3
Return on capital employed, % 24.1 26.8 26.2 20.5 13.2 9.3 8.8 11.3 17.1 17.2
EMPLOYEES 2019
2018 2017 2016 2015  2014 2013 2012 2011 2010
Average number of employees 2,213 2,032 1,864 1,737 1,769 1,737 1,681 1,646 1,539 1,376
Net sales per employee 1.5 1.5 1.5 1.4 1.2 1.2 1.2 1.2 1.2 1.2
Value added per employee 1.1 1.1 1.1 1.0 0.9 0.9 0.8 0.8 0.8 0.9
Result after financial items per employee 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Number of employees at year-end 2,337 2,260 2,065 1,867 1,802 1,788 1,833 1,739 1,670 1,470

Knowit’s share

Knowit’s share has been listed on the Nordic Exchange in Stockholm since 1997, and was moved from the Small Cap list to the Mid Cap list in January 2018. Knowit’s market value increased by 35.7 percent during the year, on an exchange where OMX Nasdaq Stockholm PI increased by 29.6 percent.

Share capital
As of December 30 2019, Knowit’s share capital was SEK 19.3 million, distributed across 19,253,760 shares at a quota value of SEK 1 each. All shares carry the same number of votes and the same rights to dividends.

Market listing
The share price at the end of the financial year was SEK 208.50 (153.60) per share, corresponding to a total market capitalization of SEK 4,014.4 (2,952.3) million. During the year, the share price increased by 35.7 percent, which can be compared with an increase of 29.6 percent for OMX Nasdaq Stockholm PI and an increase of 17.7 percent for OMX Nasdaq Stockholm Technology PI. The highest price paid during the year was SEK 224.00 on April 30 2019, while the lowest price was SEK 148.80 on January 3 2019. During the financial year, 9.7 (6.8) million Knowit shares were traded on the Stockholm Stock Exchange, or an average of 35,813 (27,294) shares per trading session. The number of shares traded corresponds to 50.2 (35.5) percent of the total shares at year-end.

The share was traded on 248 of the 249 trading days. The total number of shareholders as per December 30 2019 was 10,865 (8,466).

Dividend policy
The Board has adopted a dividend policy aimed at maintaining or increasing dividends each year. The dividend shall reflect the Board’s view on the expected market development over the next few years.

Dividend
The Board retracts its proposal for dividends of SEK 6.40 per share for fiscal 2019. The decision was made to prioritize the Company’s financial stability given the uncertain situation due to the covid-19 pandemic.

Data per share

Development of share capital

Ownership distribution

AGM

Analysts

Daniel Thorsson
Analyst, ABG Sundal Collier
Phone: +46856628682

Erik Elander
Equity & Credit Research, Handelsbanken
Phone: +4687013141

Ramil Koria
Equity Research, SEB
Phone: +4685222 9674 Mobile: +46704329674

Stefan Wård
Co-Head of Equity Research, Pareto Securities AB
Phone: +4684025287

Press releases

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