Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Artificial Solutions

Artificial Solutions

SEKm 2019 2020e 2021e
Sales 49 60 100
Sales growth (%) 8,8 21,8 67,5
EBITDA -112 -84 -60
EBITDA margin (%) -229,2 -140,2 -59,8
EBIT adj -117 -97 -73
EBIT adj margin (%) -239,6 -162,6 -73,3
Pretax profit -182 -131 -103
EPS rep -7,35 -2,46 -1,81
EPS growth (%) 47 66,6 26,5
EPS adj -6,2 -2,46 -1,81
DPS 0 0 0
EV/EBITDA (x) -3,3 -8,7 -13,5
EV/EBIT adj (x) -3,2 -7,5 -11
P/E (x) -0,8 -4,8 -6,5
P/E adj (x) -1 -4,8 -6,5
EV/sales (x) 7,6 12,2 8,1
FCF yield (%) -102,5 -14,4 -12,3
Dividend yield (%) 0 0 0
Net IB debt/EBITDA -1,9 -1,2 -2,3
N/A N/A N/A
SEKm 2019 2020e 2021e
Sales 49 60 100
COGS 0 0 0
Gross profit 49 60 100
Other operating items -161 -143 -160
EBITDA -112 -84 -60
Depreciation on tangibles 0 0 0
Depreciation on intangibles -12 -13 -14
EBITA -124 -97 -73
Goodwill impairment charges -22 0 0
Other impairment and amortisation 0 0 0
EBIT -146 -97 -73
Other financial items 0 0 0
Net financial items -36 -34 -30
Associated income 0 0 0
Other EO items 0 0 0
Pretax profit -182 -131 -103
Tax 0 0 0
Net profit -182 -131 -103
Minority interest 0 0 0
Net profit discontinued 0 0 0
Net profit to shareholders -182 -131 -103
EPS -7,35 -2,46 -1,81
EPS Adj -6,2 -2,46 -1,81
Total extraordinary items after tax -6,4 0 0
Tax rate (%) 0 0,2 0
Gross margin (%) 100 100 100
EBITDA margin (%) -229,2 -140,2 -59,8
EBITA margin (%) -252,7 -162,6 -73,3
EBIT margin (%) -297,8 -162,6 -73,3
Pretax margin (%) -370,8 -219,1 -103,3
Net margin (%) -370,8 -219,4 -103,3
Growth rates Y/Y 2019 2020 2021
Sales growth (%) 8,8 21,8 67,5
EBITDA growth (%) -18,2 25,5 28,5
EBIT growth (%) -22,8 33,5 24,5
Net profit growth (%) -24,4 27,9 21,1
EPS growth (%) 47 66,6 26,5
Profitability 2019 2020 2021
ROE (%) 131,3 90 81,2
ROE Adj (%) 110,7 90 81,2
ROCE (%) -394,6 -248,9 -224,8
ROCE Adj(%) -332,7 -248,9 -224,8
ROIC (%) -715,2 -612,1 1114,4
ROIC Adj (%) -575,5 -612,1 1114,4
Adj earnings numbers 2019 2020 2021
EBITDA Adj -106 -84 -60
EBITDA Adj margin (%) -216,1 -140,2 -59,8
EBITA Adj -117 -97 -73
EBITA Adj margin (%) -239,6 -162,6 -73,3
EBIT Adj -117 -97 -73
EBIT Adj margin (%) -239,6 -162,6 -73,3
Pretax profit Adj -153 -131 -103
Net profit Adj -153 -131 -103
Net profit to shareholders Adj -153 -131 -103
Net Adj margin (%) -312,7 -219,4 -103,3
N/A N/A N/A
SEKm 2019 2020e 2021e
EBITDA -112 -84 -60
Net financial items -36 -34 -30
Paid tax 0 0 0
Non-cash items 19 38 0
Cash flow before change in WC -129 -80 -90
Change in WC -15 3 21
Operating cash flow -145 -76 -69
CAPEX tangible fixed assets 0 0 0
CAPEX intangible fixed assets -13 -14 -14
Acquisitions and disposals 0 0 0
Free cash flow -158 -90 -83
Dividend paid 0 0 0
Share issues and buybacks 62 215 50
Other non cash items -23 -11 0
Decrease in net IB debt -119 114 -33
Balance Sheet (SEKm) 2019 2020 2021
Goodwill 0 0 0
Indefinite intangible assets 0 0 0
Definite intangible assets 32 33 33
Tangible fixed assets 2 1 1
Other fixed assets 5 5 5
Fixed assets 39 39 40
Inventories 0 0 0
Receivables 32 20 33
Other current assets 0 0 0
Cash and liquid assets 4 69 36
Total assets 75 128 109
Shareholders equity -190 -101 -154
Minority 0 0 0
Total equity -190 -101 -154
Long-term debt 129 153 153
Pension debt 0 0 0
Convertible debt 0 0 0
Deferred tax 0 0 0
Other long-term liabilities 0 0 0
Short-term debt 94 20 20
Accounts payable 43 56 90
Other current liabilities 0 0 0
Total liabilities and equity 75 128 109
Net IB debt 219 104 137
Net IB debt excl. pension debt 219 104 137
Capital invested 28 4 -17
Working capital -11 -36 -57
EV breakdown 2019 2020 2021
Market cap. diluted (m) 154 624 669
Net IB debt Adj 219 104 137
Market value of minority 0 0 0
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity 0 0 0
EV 373 729 806
Capital efficiency (%) 2019 2020 2021
Total assets turnover (%) 54 58,8 84,2
Capital invested turnover (%) 240,2 375,8 -1520
Capital employed turnover (%) 106,4 113,6 217,6
Inventories / sales (%) 0 0 0
Customer advances / sales (%) 0 0 0
Payables / sales (%) 91,4 82,3 72,8
Working capital / sales (%) -35,5 -38,9 -46,1
Financial risk and debt service 2019 2020 2021
Net debt / equity (%) -114,8 -103,7 -89
Net debt / market cap (%) 37 16,7 20,5
Equity ratio (%) -253,5 -78,5 -140,8
Net IB debt adj. / equity (%) -114,8 -103,7 -89
Current ratio (%) 26,5 117 63,1
EBITDA / net interest (%) -313,7 -248,3 -199,4
Net IB debt / EBITDA (%) -194,6 -124,7 -229
Interest cover (%) 0 0 0
N/A N/A N/A
SEKm 2019 2020e 2021e
Shares outstanding adj. 25 53 57
Fully diluted shares Adj 25 53 57
EPS -7,35 -2,46 -1,81
Dividend per share Adj 0 0 0
EPS Adj -6,2 -2,46 -1,81
BVPS -7,71 -1,89 -2,69
BVPS Adj -8,99 -2,5 -3,27
Net IB debt / share 8,8 2 2,4
Share price 23,89 11,7 11,7
Market cap. (m) 590 624 669
Valuation 2019 2020 2021
P/E -0,8 -4,8 -6,5
EV/sales 7,6 12,2 8,06
EV/EBITDA -3,3 -8,7 -13,5
EV/EBITA -3 -7,5 -11
EV/EBIT -2,6 -7,5 -11
Dividend yield (%) 0 0 0
FCF yield (%) -102,5 -14,4 -12,3
P/BVPS -0,81 -6,21 -4,35
P/BVPS Adj -0,69 -4,69 -3,58
P/E Adj -1 -4,8 -6,5
EV/EBITDA Adj -3,5 -8,7 -13,5
EV/EBITA Adj -3,2 -7,5 -11
EV/EBIT Adj -3,2 -7,5 -11
EV/cap. employed 11,5 10 41,8
Investment ratios 2019 2020 2021
Capex / sales 27,3 22,8 13,8
Capex / depreciation 116,5 101,5 102,2
Capex tangibles / tangible fixed assets 0 0 0
Capex intangibles / definite intangibles 42,3 41,7 41,8
Depreciation on intangibles / definite intangibles 36,3 41,1 40,9
Depreciation on tangibles / tangibles 0 0 0
N/A N/A N/A

Key Figure Counter

It is not always easy to generate comparative valuations. Therefore, in order to make it easier for you as an investor, we have created this key figure calculator. Enter share price in the field below and then select the year in which you want to retrieve the financial data.

Update

P/E

Learn more

A common valuation multiple, the share price is divided by earnings per share.

P/E ratio stands for Price and Earnings. By dividing a company's market cap to its earnings, investors get a key ratio which they are able to compare between different companies. The ratio can either be calculated on historical or forward-looking numbers. 

It is important to notice that earnings are calculated after taxes, which mean that they can vary between companies due to different accounting standards.

- 6,5

EV/EBIT

Learn more

EV stands for Enterprise Value and is calculated as a company's markets cap in addition to its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. 

EBIT is the Earnings Before Interest and Taxes which is the operating income. This result, in comparison to the P/E ratio, is not affected by any financial items.

(
)
- 11,0

EV/Sales

Learn more

EV stands for Enterprise Value and is calculated as a company's market cap adjusted for its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. S is the company's total sales.

(
)
8,0

P/BVPS

Learn more

P/B stands for Price to Book, which is used to compare a share's market cap to its book value. A P/B ratio that is below one is considered to be valued below its assets.

Companies with high return on equity are usually associated with high P/B ratios, and vice versa. 

 

(
)
- 4,3