Definitions
Share of risk-bearing capital
Shareholders’ equity plus deferred tax, as a percentage of total assets at year-end.
Return on average equity
Profit after financial items, as a percentage of average adjusted equity.
Return on average total capital
Profit after net financial items plus financial expense, as a percentage of average total assets.
Equity per share
Shareholders’ equity divided by the number of shares at the balance sheet date.
Adjusted equity
Shareholders’ equity plus the equity share (72%) of untaxed reserves.
Market value at year-end
Share price at the end of the financial year multiplied by the number of shares (A and B) at year-end.
Turnover per employee
Turnover divided by average number of employees.
Interest coverage ratio
Profit after net financial items plus interest expense, divided by interest expense.
Debt/equity ratio
Interest-bearing liabilities divided by shareholders’ equity at year-end.
Equity/assets ratio
Shareholders’ equity as a percentage of total assets at year-end.
Capital employed
Total assets less non-interest-bearing liabilities (including contingent tax liability).
Profit margin
Profit after financial items, as a percentage of turnover.