Reading the annual reports…
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Sweden
In shortAktiebolaget Electrolux is loss-making, burns cash and carries heavy debt, with revenue stable (−0.3% last year).
Financial health
Weak
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. | -2.2% | 9/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -3.9% | 4/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -37.7% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -5.0% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.92× | 10/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 3.21× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -1.19× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -0.15 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -0.0% | 20/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 4 | 37/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 4 | 50/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 3 | 44/100 |
| Revenue growth volatility | 4.7% | 94/100 |
| Operating margin volatility | 3.8% | 75/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.1% | 45/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
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 | 115,960 | 125,631 | 134,880 | 134,451 |
| Cost of revenue | 93,689 | 101,647 | 117,177 | 117,316 |
| Gross profit | 22,272 | 23,984 | 17,703 | 17,135 |
| Operating income | 5,778 | 6,801 | (215) | (2,988) |
| Interest expense | 755 | 589 | 1,545 | 2,511 |
| Pre-tax income | 5,096 | 6,255 | (1,672) | (5,111) |
| Income tax | 1,108 | 1,577 | (352) | 116 |
| Net income | 6,584 | 4,677 | (1,320) | (5,227) |
| Diluted EPS | kr22.88 | kr16.21 | −kr4.81 | −kr19.36 |
| Diluted shares (millions) | 288 | 289 | 278 | 273 |
−0.15 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
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