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Sweden
In shortNordic Waterproofing Holding AB is profitable, generates cash and carries moderate debt, with revenue growing (+2.8% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.6% | 39/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.7% | 39/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.1% | 61/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 8.3% | 55/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.84× | 87/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.61× | 77/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.47× | 44/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.27× | 26/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.26 | 81/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 9.9% | 60/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.09× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 4 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 4 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 3 | 100/100 |
| Revenue growth volatility | 7.9% | 82/100 |
| Operating margin volatility | 1.8% | 93/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.6% | 75/100 |
|---|---|---|
| EPS growth, 3-year average | -5.8% | 0/100 |
Weight in the score: 10%
Fiscal year 2023 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
SEK millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|
| Revenue | 3,303 | 3,664 | 4,343 | 4,463 |
| Cost of revenue | 2,374 | 2,622 | 3,159 | 3,349 |
| Gross profit | 929 | 1,041 | 1,184 | 1,114 |
| Research & development | 4.3 | 4.7 | 5.1 | 5.6 |
| Operating income | 337 | 382 | 430 | 293 |
| Interest expense | 25 | 51 | 29 | 69 |
| Pre-tax income | 321 | 335 | 413 | 257 |
| Income tax | 68 | 78 | 82 | 50 |
| Net income | 256 | 259 | 331 | 212 |
| Diluted EPS | kr10.52 | kr10.64 | kr13.76 | kr8.80 |
4.26 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2023 · Data updated Dec 31, 2023