Eight-year summary - Key data
| Swedish Accounting | |||||||||
| May 1–April 30 | Standards Board | IFRS | |||||||
| Key ratios | 2000/01 | 2001/02 | 2002/03 | 2003/04 | 2004/05 | 2005/06 | 2006/07 | 2007/08 | |
| Group | |||||||||
| Net sales, SEK M | 419.9 | 460.4 | 494.8 | 590.1 | 804.6 | 1,159.7 | 1,470.5 | 1,608.3 | |
| Net sales growth, % | 17.1 | 9.7 | 7.5 | 19.3 | 36.4 | 44.1 | 26.8 | 9.4 | |
| Sales per employee, SEK M | 3.1 | 2.9 | 3.1 | 3.6 | 2.8 | 2.7 | 2.4 | 2.1 | |
| Gross profit margin, % | 23.4 | 26.6 | 29.6 | 32.4 | 39.1 | 47.2 | 52.2 | 52.7 | |
| Operating profit/loss, SEK M | – 10.4 | – 4.0 | 24.0 | 54.1 | 93.0 | 180.9 | 221.5 | 141.1 | |
| Operating margin, % | – 2.5 | – 0.9 | 4.8 | 9.2 | 11.6 | 15.6 | 15.1 | 8.8 | |
| Profit/loss after tax, SEK M | – 16.5 | – 12.4 | 11.6 | 36.5 | 69.2 | 130.5 | 159.5 | 96.5 | |
| Profit margin, % | – 3.8 | – 2.5 | 3.5 | 8.5 | 11.5 | 15.6 | 15.0 | 8.3 | |
| Return on equity, % | – 32.3 | – 31.0 | 26.4 | 42.2 | 40.9 | 42.6 | 35.9 | 20.0 | |
| Return on capital employed, % | 7.6 | – 2.5 | 16.4 | 35.2 | 45.9 | 55.7 | 45.5 | 22.8 | |
| Return on operating capital, % | – 8.3 | – 2.7 | 16.9 | 37.3 | 55.0 | 75.2 | 54.7 | 24.5 | |
| Return on total capital, % | – 6.0 | – 2.0 | 12.6 | 25.3 | 31.0 | 38.6 | 32.3 | 16.9 | |
| Equity/assets, % | 23.0 | 18.9 | 27.3 | 49.6 | 60.3 | 68.0 | 61.6 | 53.4 | |
| Net debt/equity, times | 247.2 | 303.6 | 163.4 | 29.1 | – 17.0 | – 23.9 | 3.3 | 36.8 | |
| Net indebtedness/EBITDA | 18.0 | 2.3 | 0.5 | – 0.3 | – 0.5 | 0.1 | 1.0 | ||
| Interest-coverage ratio, times | – 1.6 | – 0.5 | 3.7 | 12.8 | 53.2 | 180.2 | 111.9 | 15.6 | |
| Capital turnover rate, times | 2.9 | 3.1 | 3.5 | 4.1 | 4.8 | 4.8 | 3.6 | 2.8 | |
| Investments, net, SEK M | 33.4 | 18.3 | – 3.1 | 15.4 | 29.9 | 105.3 | 242.8 | 66.4 | |
| Cash flow after investments, SEK M | – 29.6 | – 17.4 | 42.3 | 9.4 | 79.3 | 13.2 | – 43.3 | – 42.2 | |
| No. of full-year employees | 135 | 159 | 162 | 162 | 284 | 433 | 602 | 757 | |
| Earnings per share before dilution, SEK | – 1.42 | – 1.03 | 0.85 | 1.95 | 2.77 | 4.76 | 5.69 | 3.31 | |
| Earnings per share after dilution, SEK | – 1.42 | – 1.03 | 0.85 | 1.95 | 2.76 | 4.60 | 5.47 | 3.31 | |
| Cash flow after investments per share, SEK | – 2.70 | – 1.42 | 3.39 | 0.50 | 3.18 | 0.48 | – 1.54 | – 1.45 | |
| Equity per share, SEK | 3.60 | 2.79 | 3.63 | 5.18 | 8.09 | 14.21 | 17.53 | 16.10 | |
| Dividend per share, SEK | — | — | — | — | 0.75 | 2.35 | 4.85 | 2.651 | |
| Figures for the 2000/2001 and 2001/2002 fiscal years were not recalculated according to IFRS. | |||||||||
| 1) Proposed dividend, of which SEK 1.65 is an ordinary dividend and SEK 1.00 is an extra dividend. | |||||||||
Parent Company
Hemtex AB’s net sales increased during the 2007/2008 fiscal year and amounted to SEK 1,478.3 M (1,342.9). Net sales in Hemtex AB comprise sales to consumers from own stores and wholesale sales to subsidiaries and franchise stores. Of net sales, sales in own stores accounted for SEK 1,143.4 M (980.3) and wholesale sales for SEK 334.9 M (362.6). The positive trend was primarily due to expansion with more stores within the Group and franchise companies.
Profit after financial items amounted to SEK 133.2 M (224.1). The Parent Company’s net investments in fixed assets that affect cash flow amounted to SEK 47.2 M (230.3).