Concentric AB financials
Concentric AB
Country: SE Reporting currency: SEK Latest annual report: 2023-12-31
LEI:
5493002G9GMTKIP3PW19 Financial statements
(SEK, as reported — unscaled; 105 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | SEK 4.21B | SEK 4.06B |
| Cost of sales | SEK 3.14B | SEK 2.99B |
| Gross profit | SEK 1.06B | SEK 1.06B |
| Administrative expenses | SEK 280.0M | SEK 210.0M |
| Operating profit (EBIT) | SEK 595.0M | SEK 677.0M |
| Net finance income / (cost) | -SEK 69.0M | -SEK 43.0M |
| Finance costs | SEK 88.0M | SEK 60.0M |
| Profit before tax | SEK 526.0M | SEK 634.0M |
| Income tax expense | SEK 109.0M | SEK 133.0M |
| Profit for the year | SEK 417.0M | SEK 501.0M |
| — attributable to owners | SEK 417.0M | SEK 501.0M |
| — attributable to NCI | SEK 0 | SEK 0 |
| Total comprehensive income | SEK 357.0M | SEK 740.0M |
| Per share | ||
| Basic EPS | SEK 11.00 | SEK 13.20 |
| Diluted EPS | SEK 11.00 | SEK 13.18 |
| Free cash flow / share | SEK 13.75 | SEK 12.28 |
| Cash flow statement | ||
| Net cash from operating activities | SEK 615.0M | SEK 529.0M |
| Net cash from investing activities | -SEK 102.0M | -SEK 78.0M |
| Purchase of PP&E (capex) | SEK 94.0M | SEK 62.0M |
| Net cash from financing activities | -SEK 396.0M | -SEK 323.0M |
| Dividends paid | SEK 152.0M | SEK 142.0M |
| Proceeds from borrowings | SEK 0 | SEK 0 |
| Repayments of borrowings | SEK 162.0M | SEK 153.0M |
| Net change in cash | SEK 117.0M | SEK 128.0M |
| Balance sheet | ||
| Total assets | SEK 4.31B | SEK 4.50B |
| Non-current assets | SEK 2.57B | SEK 2.73B |
| Right-of-use assets | SEK 83.0M | SEK 99.0M |
| Intangible assets & goodwill | SEK 1.42B | SEK 1.46B |
| Current assets | SEK 1.74B | SEK 1.77B |
| Inventories | SEK 455.0M | SEK 538.0M |
| Cash & equivalents | SEK 724.0M | SEK 624.0M |
| Total equity | SEK 2.18B | SEK 2.07B |
| Non-current liabilities | SEK 1.04B | SEK 1.28B |
| Lease liabilities (non-current) | SEK 80.0M | SEK 97.0M |
| Current liabilities | SEK 1.08B | SEK 1.14B |
| Lease liabilities (current) | SEK 19.0M | SEK 17.0M |
| Trade & other payables | SEK 374.0M | SEK 401.0M |
| Deferred tax liabilities | SEK 95.0M | SEK 140.0M |
| Derived metrics | ||
| Free cash flow | SEK 521.0M | SEK 467.0M |
| Operating margin | 14.1% | 16.7% |
| Net margin | 9.9% | 12.4% |
| Return on equity | 19.1% | 24.2% |
| Cash conversion ratio | 1.47× | 1.06× |
| Capex coverage | 6.54× | 8.53× |
| Other reported items | ||
| Additional Paidin Capital | SEK 583.0M | SEK 583.0M |
| Adjusted Weighted Average Shares | 37.9M | 38.0M |
| Adjustments For Decrease Increase In Inventories | SEK 70.0M | -SEK 94.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | SEK 68.0M | -SEK 76.0M |
| Adjustments For Depreciation and Amortisation Expense | SEK 191.0M | SEK 188.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | -SEK 51.0M | SEK 61.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | SEK 74.0M | SEK 62.0M |
| Cash Advances and Loans Made To Related Parties | SEK 0 | SEK 0 |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -SEK 8.0M | SEK 0 |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 528.0M | SEK 638.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 0 | SEK 16.0M |
| Cash Receipts From Repayment of Advances and Loans Made To Other Parties Classified As Investing Activities | SEK 0 | SEK 0 |
| Cash Receipts From Repayment of Advances and Loans Made To Related Parties | SEK 0 | SEK 0 |
| Current Receivables Due From Joint Ventures | SEK 0 | SEK 2.0M |
| Deferred Tax Assets | SEK 104.0M | SEK 117.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 4.25 | — |
| Dividends Received From Joint Ventures Classified As Investing Activities | SEK 58.0M | SEK 48.0M |
| Dividends Recognised As Distributions To Owners Per Share | SEK 4.00 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -SEK 17.0M | SEK 56.0M |
| Equity and Liabilities | SEK 4.31B | SEK 4.50B |
| Finance Income | SEK 19.0M | SEK 17.0M |
| Gains Losses On Cash Flow Hedges Before Tax | -SEK 10.0M | SEK 27.0M |
| Gains Losses On Exchange Differences On Translation Before Tax | -SEK 30.0M | -SEK 78.0M |
| Gains Losses On Exchange Differences On Translation Net of Tax | -SEK 15.0M | SEK 223.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -SEK 2.0M | SEK 6.0M |
| Income Tax Relating To Exchange Differences On Translation of Other Comprehensive Income | -SEK 6.0M | -SEK 16.0M |
| Income Taxes Paid Refund Classified As Operating Activities | SEK 146.0M | SEK 125.0M |
| Increase Decrease In Working Capital | -SEK 87.0M | SEK 109.0M |
| Increase Decrease Through Sharebased Payment Transactions | SEK 5.0M | SEK 3.0M |
| Investments In Subsidiaries Joint Ventures and Associates | SEK 149.0M | SEK 138.0M |
| Issued Capital | SEK 97.0M | SEK 97.0M |
| Miscellaneous Other Operating Expense | SEK 96.0M | SEK 73.0M |
| Miscellaneous Other Operating Income | SEK 46.0M | SEK 42.0M |
| Noncurrent Receivables | SEK 24.0M | SEK 35.0M |
| Noncurrent Receivables Due From Joint Ventures | SEK 0 | SEK 0 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | SEK 237.0M | SEK 261.0M |
| Other Adjustments For Noncash Items | SEK 31.0M | SEK 3.0M |
| Other Comprehensive Income | -SEK 60.0M | SEK 239.0M |
| Other Current Liabilities | SEK 280.0M | SEK 300.0M |
| Other Current Receivables | SEK 94.0M | SEK 81.0M |
| Other Financial Liabilities | SEK 377.0M | SEK 391.0M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -SEK 41.0M | -SEK 83.0M |
| Other Intangible Assets | SEK 350.0M | SEK 435.0M |
| Other Longterm Provisions | SEK 2.0M | SEK 2.0M |
| Other Noncurrent Financial Liabilities | SEK 628.0M | SEK 783.0M |
| Other Noncurrent Liabilities | SEK 0 | SEK 0 |
| Other Property Plant and Equipment | SEK 437.0M | SEK 450.0M |
| Other Reserves | SEK 404.0M | SEK 461.0M |
| Other Shortterm Provisions | SEK 33.0M | SEK 33.0M |
| Payments To Acquire Or Redeem Entitys Shares | SEK 100.0M | SEK 0 |
| Proceeds From Exercise of Options | SEK 1.0M | SEK 7.0M |
| Purchase of Treasury Shares | SEK 100.0M | SEK 0 |
| Research and Development Expense | SEK 95.0M | SEK 91.0M |
| Retained Earnings | SEK 1.10B | SEK 929.0M |
| Sale Or Issue of Treasury Shares | SEK 1.0M | SEK 7.0M |
| Sales and Marketing Expense | SEK 115.0M | SEK 118.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -SEK 9.0M | SEK 5.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | SEK 74.0M | SEK 62.0M |
| Trade and Other Current Payables To Related Parties | SEK 0 | SEK 0 |
| Trade Receivables | SEK 464.0M | SEK 521.0M |
| Weighted Average Shares | 37.9M | 38.0M |
Methodology
Every line item above is a fact tagged in Concentric AB's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.