Accounts and notes Key data and ratios
| SEK thousand | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |
|---|---|---|---|---|---|---|---|---|---|
| Total capital, SEK million | 1,388.4 | 408.7 | 351.7 | 272.7 | 276.3 | 314.5 | 309.5 | 294.6 | |
| Capital employed, SEK million | 1,056.1 | 277.9 | 243.5 | 180.5 | 149.8 | 231.8 | 223.7 | 195.4 | |
| Equity, SEK million | 708.4 | 272.4 | 238.2 | 180.1 | 149.5 | 231.5 | 223.5 | 195.4 | |
| Interest-bearing liabilities and provisions, SEK million | 347.7 | 5.5 | 5.3 | 0.4 | 0.3 | 0.3 | 0.2 | - | |
| Return on total capital, % | 13.4 | 14.5 | 13.2 | 7.9 | Neg | Neg | 5.6 | 10.0 | |
| Return on capital employed, % | 18.0 | 21.2 | 19.4 | 13.2 | Neg | Neg | 8.1 | 14.2 | |
| Return on equity, % | 13.7 | 13.8 | 11.7 | 6.8 | Neg | Neg | 2.3 | 9.0 | |
| Operating margin before goodwill, % | 9.8 | 9.5 | 7.4 | 4.5 | Neg | 0.1 | 5.3 | 7.5 | |
| Operating margin, % | 9.8 | 9.5 | 7.4 | 4.5 | Neg | Neg | 3.1 | 5.7 | |
| Net margin, % | 7.9 | 9.4 | 8.4 | 5.1 | Neg | Neg | 3.0 | 6.5 | |
| Acid test ratio, times | 1.4 | 2.0 | 1.9 | 1.8 | 1.6 | 2.6 | 2.7 | 2.6 | |
| Equity/assets ratio, % | 51.0 | 66.6 | 67.7 | 66.0 | 54.1 | 73.6 | 72.2 | 66.3 | |
| Debt/equity ratio, times | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net debt/equity ratio, times | 0.4 | Neg | Neg | Neg | Neg | Neg | Neg | Neg | |
| Share of risk-bearing capital, % | 52.9 | 68.6 | 69.7 | 67.8 | 55.9 | 75.0 | 74.1 | 67.4 | |
| Interest-coverage ratio, times | 4.3 | 10.8 | 19.6 | 12.4 | Neg | Neg | 3.3 | 118.0 | |
| Operating capital in relation to sales, % | 4.3 | 8.0 | 8.5 | 5.4 | Neg | 0.3 | 2.8 | 3.0 | |
| Capital turnover rate, times | 1.3 | 1.4 | 1.5 | 1.4 | 1.0 | 1.1 | 1.3 | 1.5 | |
| Investments, SEK million | 708.8 | 6.5 | 70.5 | 32.2 | 71.3 | 54.0 | 24.5 | 42.2 | |
| No. of employees, average | 932 | 414 | 352 | 309 | 263 | 289 | 312 | 310 | |
| No. of employees at year’s end | 1,290 | 481 | 414 | 358 | 375 | 280 | 300 | 285 | |
| No. of consultants, average | 808 | 357 | 298 | 250 | 215 | 236 | 252 | 263 | |
| Sales per employee, SEK thousand | 1,250 | 1,294 | 1,325 | 1,266 | 1,178 | 1,193 | 1,270 | 1,154 | |
| Sales per consultant, SEK thousand | 1,442 | 1,501 | 1,565 | 1,565 | 1,440 | 1,461 | 1,572 | 1,360 | |
| Value added per employee, SEK thousand | 784 | 851 | 864 | 834 | 3661) | 737 | 742 | 722 | |
| Salaries and reimbursements excl. social security contributions, SEK million | 457.1 | 223.3 | 199.6 | 177.9 | 154.1 | 167.0 | 162.4 | 150.7 | |
| 1) Including one-time goodwill amortisation of SEK 96.1 million. 2004-2007 are recognised as per IFRS. Other years are recognised as per previosly applied accounting policies. | |||||||||
Acid test ratio
Current assets excluding inventory divided by current liabilities.
Average no. of consultants
Average number of consultants adjusted for part-time employment, long-term sick leave, and leave of absence.
Average no. of employees
Average number of employees adjusted for part-time employment, long-term sick leave, and leave of absence.
Average number of shares
Calculated as a weighted average for each year as per Swedish Society of Financial Analysts' recommendations.
Capital employed
Balance sheet total minus non-interest-bearing liabilities.
Capital turnover rate
Sales divided by the average balance sheet total.
Cash flow per share
Current cash flow divided by average number of shares after full dilution.
Debt/equity ratio
Interest-bearing liabilities divided by shareholders' equity.
Earnings per share after full dilution
Earnings per share is calculated as though warrants had already been exercised.
Earnings per share
Year's profit/loss divided by average number of shares.
EBIT
Earnings before interest and taxes (operating income).
EBITA
Earnings before interest, tax, and amortization.
Employee turnover
Number of employees that terminated employment divided by the average number of employees for the period.
Equity/assets ratio
Shareholders' equity as a percentage of the balance sheet total.
Interest coverage ratio
Profit/loss after financial items plus financial expenses divided by financial expenses.
Investments
Purchased assets, including increases that result from acquisitions.
Net debt/equity ratio
Net interest-bearing liabilities divided by shareholders' equity.
Net interest-bearing liabilities
Interest-bearing liabilities minus interest-bearing assets.
Net margin
Profit/loss after financial items as a percentage of sales.
Number of employees at period's end
Number of persons with an employment contract on the period's last day.
Operating capital
Current assets minus cash and cash equivalents and current liabilities.
Operating expenses
Operating expenses including goodwill amortisation.
Operating margin
Operating profit/loss as a percentage of sales.
Return on capital employed
Profit/loss after financial items plus financial expenses as a percentage of the average capital employed.
Return on shareholders' equity
Year's profit/loss as a percentage of average shareholders' equity.
Return on total capital
Profit/loss after financial items plus financial expenses as a percentage of the average balance sheet total.
Sales per employee/consultant
The period's sales divided by the average number of employees/consultants.
Share of risk-bearing capital
Shareholders' equity plus deferred tax (including minority) as a percentage of the balance sheet total.
Shareholders' equity per share
Shareholders' equity divided by the number of shares at the period's end.
Shareholders' equity
Shareholders' equity includes 72% of the untaxed reserves.
Turnkey projects
Outsourcing and application management (AM) projects in which Cybercom has management and staffing responsibilities.
Value added per employee
Operating profit/loss plus labour costs divided by the average number of employees. Labour costs are salary expenses and reimbursements plus a standard 35% for social security costs.
