Ferronordic AB financials
Ferronordic AB
Country: SE Reporting currency: SEK Latest annual report: 2023-12-31
LEI:
549300ZWVSKHHDQPES93 Financial statements
(SEK, as reported — unscaled; 94 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | SEK 2.86B | SEK 1.97B |
| Cost of sales | SEK 2.49B | SEK 1.72B |
| Gross profit | SEK 377.0M | SEK 250.0M |
| Other income | SEK 24.0M | SEK 337.0M |
| Operating profit (EBIT) | -SEK 115.0M | SEK 233.0M |
| Finance costs | SEK 48.0M | SEK 19.0M |
| Profit before tax | -SEK 153.0M | SEK 258.0M |
| Income tax expense | -SEK 46.0M | SEK 75.0M |
| Profit for the year | -SEK 107.0M | SEK 440.0M |
| Total comprehensive income | -SEK 142.0M | SEK 762.0M |
| Per share | ||
| Basic EPS | SEK -7.39 | SEK 30.28 |
| Diluted EPS | SEK -7.39 | SEK 30.28 |
| Free cash flow / share | SEK -12.16 | SEK -9.36 |
| Cash flow statement | ||
| Cash generated from operations | SEK 8.0M | SEK 427.0M |
| Net cash from operating activities | -SEK 27.0M | SEK 215.0M |
| Income taxes paid | SEK 6.0M | SEK 127.0M |
| Net cash from investing activities | -SEK 1.22B | SEK 521.0M |
| Purchase of PP&E (capex) | SEK 149.0M | SEK 351.0M |
| Purchase of intangibles | SEK 0 | SEK 1.0M |
| Net cash from financing activities | -SEK 21.0M | SEK 168.0M |
| Dividends paid | SEK 109.0M | SEK 0 |
| Proceeds from borrowings | SEK 467.0M | SEK 403.0M |
| Repayments of borrowings | SEK 362.0M | SEK 170.0M |
| Lease liability payments | SEK 17.0M | SEK 65.0M |
| Net change in cash | -SEK 1.26B | SEK 903.0M |
| Balance sheet | ||
| Total assets | SEK 4.71B | SEK 3.22B |
| Non-current assets | SEK 2.20B | SEK 724.0M |
| Property, plant & equipment | SEK 1.83B | SEK 560.0M |
| Intangible assets & goodwill | SEK 244.0M | SEK 85.0M |
| Current assets | SEK 2.51B | SEK 2.49B |
| Inventories | SEK 1.44B | SEK 460.0M |
| Trade & other receivables | SEK 630.0M | SEK 344.0M |
| Cash & equivalents | SEK 426.0M | SEK 1.69B |
| Total equity | SEK 1.62B | SEK 1.87B |
| Non-current liabilities | SEK 1.02B | SEK 459.0M |
| Long-term borrowings | SEK 671.0M | SEK 393.0M |
| Lease liabilities (non-current) | SEK 59.0M | SEK 43.0M |
| Current liabilities | SEK 2.06B | SEK 884.0M |
| Short-term borrowings | SEK 1.02B | SEK 274.0M |
| Lease liabilities (current) | SEK 22.0M | SEK 21.0M |
| Trade & other payables | SEK 997.0M | SEK 573.0M |
| Deferred tax liabilities | SEK 277.0M | SEK 1.0M |
| Derived metrics | ||
| Free cash flow | -SEK 176.0M | -SEK 136.0M |
| Operating margin | -4.0% | 11.8% |
| Net margin | -3.7% | 22.3% |
| Return on equity | -6.6% | 23.5% |
| Cash conversion ratio | 0.25× | 0.49× |
| Capex coverage | -0.18× | 0.61× |
| Other reported items | ||
| Additional Paidin Capital | SEK 630.0M | SEK 630.0M |
| Adjustments For Decrease Increase In Inventories | -SEK 335.0M | SEK 594.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -SEK 50.0M | SEK 341.0M |
| Adjustments For Depreciation and Amortisation Expense | SEK 109.0M | SEK 272.0M |
| Adjustments For Finance Costs | SEK 48.0M | SEK 95.0M |
| Adjustments For Finance Income | SEK 31.0M | SEK 24.0M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | SEK 0 | SEK 4.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade and Other Receivables | -SEK 1.0M | SEK 52.0M |
| Adjustments For Increase Decrease In Deferred Income Including Contract Liabilities | -SEK 16.0M | -SEK 10.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | SEK 409.0M | -SEK 1.47B |
| Adjustments For Provisions | SEK 12.0M | SEK 4.0M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | SEK 21.0M | -SEK 14.0M |
| Basic Earnings Loss Per Share From Continuing Operations | SEK -7.39 | SEK 12.58 |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 0 | SEK 849.0M |
| Cash Flows From Used In Financing Activities Discontinued Operations | SEK 0 | SEK 195.0M |
| Cash Flows From Used In Investing Activities Discontinued Operations | SEK 0 | SEK 682.0M |
| Cash Flows From Used In Operating Activities Discontinued Operations | SEK 0 | -SEK 11.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | -SEK 7.0M | SEK 1.16B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 1.09B | SEK 0 |
| Current Deferred Income Including Current Contract Liabilities | SEK 8.0M | SEK 16.0M |
| Current Prepayments | SEK 6.0M | SEK 1.0M |
| Current Provisions | SEK 12.0M | SEK 1.0M |
| Deferred Tax Assets | SEK 127.0M | SEK 78.0M |
| Diluted Earnings Loss Per Share From Continuing Operations | SEK -7.39 | SEK 12.58 |
| Dividends Recognised As Distributions To Owners Per Share | SEK 7.50 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 1.0M | SEK 17.0M |
| Equity and Liabilities | SEK 4.71B | SEK 3.22B |
| Finance Income | SEK 31.0M | SEK 2.0M |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | -SEK 21.0M | SEK 42.0M |
| General and Administrative Expense | SEK 319.0M | SEK 208.0M |
| Increase Decrease In Cash and Cash Equivalents Discontinued Operations | SEK 0 | SEK 866.0M |
| Increase Decrease Through Transactions With Owners | -SEK 109.0M | SEK 10.0M |
| Interest Paid Classified As Operating Activities | SEK 29.0M | SEK 85.0M |
| Interest Received Classified As Investing Activities | SEK 27.0M | SEK 18.0M |
| Issued Capital | SEK 1.0M | SEK 1.0M |
| Liabilities | SEK 3.08B | SEK 1.34B |
| Noncurrent Deferred Income Including Noncurrent Contract Liabilities | SEK 14.0M | SEK 22.0M |
| Other Comprehensive Income | -SEK 35.0M | SEK 322.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -SEK 35.0M | SEK 322.0M |
| Other Expense By Function | SEK 8.0M | SEK 6.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | SEK 0 | SEK 5.0M |
| Profit Loss From Continuing Operations | -SEK 107.0M | SEK 183.0M |
| Profit Loss From Discontinued Operations | SEK 0 | SEK 257.0M |
| Reserve of Exchange Differences On Translation | -SEK 22.0M | SEK 13.0M |
| Retained Earnings | SEK 1.01B | SEK 1.23B |
| Selling Expense | SEK 190.0M | SEK 140.0M |
Methodology
Every line item above is a fact tagged in Ferronordic 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.