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Saab Global

Financial data

Here, you can find key financial data and Saab’s financial objectives. You can also download financials to Microsoft Excel.

Additional reports

MSEK20232022202120202019201820172016201520142013201220112010
Order bookings77,81163,11643,56942,32827,21627,97530,84121,82881,17522,60249,80920,68318,90726,278
Order backlog at year-end153,409127,676105,17799,81693,293102,184107,233107,606113,83460,12859,87034,15137,17241,459
Sales51,60942,00639,15435,43135,43333,15631,66628,63127,18623,52723,75024,01023,49824,434
Foreign market sales, %5858626463595857585559646362
Defence sales, %9089929185858483827981828483
Operating income (EBIT)4,2723,2742,8881,3152,9372,2662,2501,7971,9001,6591,3452,0502,941975
Operating margin, %8.37.87.43.78.36.87.16.37.07.15.78.512.54.0
Operating income before depreciation/amortisation and write-downs (EBITDA)6,5585,4014,8262,8334,3053,1823,0892,7432,8592,5232,3673,1684,0882,187
EBITDA margin, %12.712.912.38.012.19.69.89.610.510.710.013.317.49.0
Income after financial items4,4182,8192,5771,1122,6071,7962,0991,6111,7311,5239792,0032,783776
Net income for the year3,4432,2832,0251,0922,0251,3661,5081,1751,4021,1687421,5602,217454
Net income attributable to Parent
Company's shareholders
3,3812,1951,9261,0731,9831,3131,4771,1331,3621,1537411,5852,225433
Total assets82,75972,36565,03960,56859,85856,12844,99841,21135,08829,55627,78928,93831,79929,278
- of which total equity32,36229,87623,24921,64420,80919,63314,28513,30112,91211,37312,22711,28013,06911,444
- of which equity attributable to Parent Company's shareholders32,03529,48622,97621,46620,53519,41214,09713,15612,85111,29112,13611,16812,95011,274
Equity per share, SEK ¹⁾240.42222.55174.31162.32154.48145.43121.86114.17111.9998.83105.3197.35113.5399.41
Net liquidity/debt excluding interest-bearing receivables and net provisions for pensions6,1025,6634,6692,918-3542,19034428-1,8801851,9533,8374,7352,382
Net liquidity/debt2,3432,432-2,125-4,273-7,069-1,460-1,834-1,836-3,217-2,1138131,9965,3333,291
Cash flow from operating activities6,4624,6545,7135,8001,194-4903,1644,154358-713-6623502,3924,487
Free cash flow1,5661,8712,7373,753-2,036-3,1958522,359-726-1,094-1,460-3962,4774,349
Average capital employed42,45339,36437,24336,33834,48528,15122,49521,13518,45415,89715,45415,13113,98713,743
Return on capital employed, %11.98.88.14.39.18.710.58.911.211.19.114.622.27.9
Return on equity, %11.18.69.05.110.08.110.99.011.59.96.312.818.14.1
Profit margin, %9.798.267.694.368.837.427.496.597.617.495.929.1813.214.47
Capital turnover rate, multiple1.221.071.050.981.031.181.411.351.471.481.541.591.681.78
Equity/assets ratio, %39.141.335.735.734.835.031.732.336.838.544.039.041.139.1
Interest coverage ratio, multiple7.955.346.923.576.018.108.726.846.127.373.2910.919.583.20
Earnings per share before dilution, SEK ²⁾ ⁵⁾25.4416.6114.578.0714.8811.2712.799.8511.9010.036.4513.8619.573.80
Earnings per share after dilution, SEK ³⁾ ⁵⁾25.1616.4114.458.0114.8111.2112.709.7911.819.966.2713.4118.823.66
Dividend, SEK6,40 ⁴⁾5.304.904.7004.55.55.255.004.754.54.54.53.5
Gross capital expenditures for tangible fixed assets2,5071,6241,2231,2691,2131,4811,093807799732543328325262
Total Research and development expenditures8,8997,6376,8977,4407,6437,5627,3487,4216,8415,9706,5435,9465,1165,008
Number of employees at year-end21,47919,00218,15318,07317,42017,09616,42715,46514,68514,71614,14013,96813,06812,536
¹⁾ Number of shares, excluding treasury shares, as of 31 December 133,247,315132,488,884131,810,178132,247,073132,926,363133,482,880115,685,451115,232,495114,746,834114,251,832115,241,831114,718,422114,069,871113,404,688
²⁾ Average number of shares before dilution132,883,908132,157,586132,164,599133,009,986133,245,360116,467,822115,444,915114,971,098114,484,478114,929,422114,928,817114,395,790113,691,223113,946,228
³⁾ Average number of shares after dilution134,377,832133,724,223133,293,340133,877,414133,929,292117,144,915116,310,466115,775,275115,280,946115,785,595118,205,015118,205,015118,205,015118,205,015
⁴⁾ Board of Directors' proposal
⁵⁾ Net income less non-controlling interest divided by average number of shares.
MSEK
Order bookings
Order backlog at year-end
Sales
Foreign market sales, %
Defence sales, %
Operating income (EBIT)
Operating margin, %
Operating income before depreciation/amortisation and write-downs (EBITDA)
EBITDA margin, %
Income after financial items
Net income for the year
Net income attributable to Parent
Company's shareholders
Total assets
- of which total equity
- of which equity attributable to Parent Company's shareholders
Equity per share, SEK ¹⁾
Net liquidity/debt excluding interest-bearing receivables and net provisions for pensions
Net liquidity/debt
Cash flow from operating activities
Free cash flow
Average capital employed
Return on capital employed, %
Return on equity, %
Profit margin, %
Capital turnover rate, multiple
Equity/assets ratio, %
Interest coverage ratio, multiple
Earnings per share before dilution, SEK ²⁾ ⁵⁾
Earnings per share after dilution, SEK ³⁾ ⁵⁾
Dividend, SEK
Gross capital expenditures for tangible fixed assets
Total Research and development expenditures
Number of employees at year-end
¹⁾ Number of shares, excluding treasury shares, as of 31 December
²⁾ Average number of shares before dilution
³⁾ Average number of shares after dilution
⁴⁾ Board of Directors' proposal
⁵⁾ Net income less non-controlling interest divided by average number of shares.
MSEK20232022202120202019201820172016201520142013201220112010
Sales51,60942,00639,15435,43135,43333,15631,66628,63127,18623,52723,75024,01023,49824,434
Cost of goods sold-40,349-33,120-30,949-29,755-27,398-25,392-24,123-21,748-20,700-17,450-17,422-16,802-16,791-18,843
Gross income11,2608,8868,2055,6768,0357,7647,5436,8836,4866,0776,3287,2086,7075,591
Other operating income5912311461,2912171561042013714302043381,351222
Marketing expenses-2,738-2,333-2,266-2,339-2,609-2,644-2,430-2,223-2,061-2,144-2,082-2,191-1,879-1,727
Administrative expenses-1,980-1,543-1,434-1,409-1,488-1,466-1,493-1,364-1,323-1,214-1,111-1,215-1,217-1,235
Research and development costs-2,117-1,817-1,659-1,331-1,137-1,267-1,348-1,592-1,565-1,487-1,762-2,096-1,928-1,820
Other operating expenses-59-53-76-393-76-263-87-70-48-21-257-19-77-70
Share in income of associated companies and joint ventures-685-97-28-180-5-14-39-3840182525-1614
Operating income4,2723,2742,8881,3152,9372,2662,2501,7971,9001,6591,3452,0502,941975
Share in income of associated companies and joint ventures-----------2426
Financial income7821941242301901931219016910362153162116
Financial expenses-636-649-435-433-520-663-272-276-338-239-428-202-324-341
Net financial items146-455-311-203-330-470-151-186-169-136-366-47-158-199
Income before taxes4,4182,8192,5771,1122,6071,7962,0991,6111,7311,5239792,0032,783776
Taxes-975-536-552-20-582-430-591-436-329-355-237-443-566-322
Net income for the year3,4432,2832,0251,0922,0251,3661,5081,1751,4021,1687421,5602,217454
Attributable to:
Parent Company's shareholders3,3812,1951,9261,0731,9831,3131,4771,1331,3621,1537411,5852,225433
Non-controlling interest628899194253314240151-25-821
Earnings per share before dilution (SEK)25.4416.6114.578.0714.8811.2712.799.8511.910.036.4513.8619.573.8
Earnings per share after dilution (SEK)25.1616.4114.458.0114.8111.2112.709.7911.819.966.2713.4118.823.66
MSEK
Sales
Cost of goods sold
Gross income
Other operating income
Marketing expenses
Administrative expenses
Research and development costs
Other operating expenses
Share in income of associated companies and joint ventures
Operating income
Share in income of associated companies and joint ventures
Financial income
Financial expenses
Net financial items
Income before taxes
Taxes
Net income for the year
Attributable to:
Parent Company's shareholders
Non-controlling interest
Earnings per share before dilution (SEK)
Earnings per share after dilution (SEK)
MSEK202320222021202020192018201820172016201520142013201220112010
ASSETS
Fixed assets:
Intangible fixed assets12,94112,24812,16211,52010,4659,0579,0577,8627,0946,4766,3516,3406,8496,6996,413
Tangible fixed assets9,5017,9657,1476,6086,2236,1296,1295,3114,8114,4723,7023,2393,1623,2723,052
Lease assets-----------1973047711,154
Biological assets414408385376368349349352291290289296306305299
Right of use assets 2,5542,6822,4722,5162,549----------
Investment properties--------3334333133224236
Shares in associated companies and joint ventures253343404496672646646700788602397367300288251
Financial investments1,102118373026272726165190292295193197203
Long-term receivables5156955956177525545546625054441521221381,046856
Deferred tax assets48240330523126638238223825235165623921386-
Total fixed assets27,76224,86223,50722,39421,32117,14417,14415,15113,93912,85911,87211,12611,49812,88812,464
Current assets:
Inventories16,78614,19511,60910,25210,4759,2769,2768,2476,6605,2435,8194,5634,4204,3344,100
Derivatives1,6561,8357791,6771,4441,0961,0961,1391,2901,0584693965145201,105
Tax receivables51363528266767261201066062392346
Accounts receivable7,2446,0455,8844,0625,1985,1995,1994,3425,4022,9133,4143,2953,4543,1533,052
Contract assets 12,3169,9119,2529,90012,23410,46610,4668,0006,2227,5493,5053,0741,7242,6432,472
Other receivables2,1921,2321,1798997105075075225995537506538249361,158
Prepaid expenses and accrued income1,2831,1019539799699199199001,0359621,113854886829680
Short-term investments11,3409,98810,1408,1045,7949,0039,0034,4694,5422,9951,2702,0023,9634,5551,544
Liquid assets2,1292,8691,7012,2731,6872,4512,4512,2021,4028501,2841,7641,6161,9182,544
Total current assets54,99747,21241,53238,17438,53738,98438,98429,84727,27222,22917,68416,66317,44018,91116,701
Assets held for sale-291------------113
TOTAL ASSETS82,75972,36565,03960,56859,85856,12856,12844,99841,21135,08829,55627,78928,93831,79929,278
SHAREHOLDERS' EQUITY AND LIABILITIES
Shareholders' equity:
Parent Company's shareholders' interest32,03529,48622,97621,46620,53519,41219,41214,09713,15612,85111,29112,13611,16812,95011,274
Non-controlling interest327390273178274221221188145618291112119170
Total shareholders' equity32,36229,87623,24921,64420,80919,63319,63314,28513,30112,91211,37312,22711,28013,06911,444
Long-term liabilities:
Long-term lease liabilities 2,0782,2402,0612,0952,138----------
Long-term interest-bearing liabilities6,9156,7495,7525,2916,5138,1968,1966,2355,6244,8722,1051,0951051,2181,117
Other liabilities2109081100180190190210202136141179315439294
Provisions for pensions1,8721,3045,9186,4456,0145,1135,1133,4243,0692,3733,1491,6802,874125
Other provisions2,8882,5662,5292,1971,3441,0811,0811,0248111,0971,2341,0431,2861,7282,207
Deferred tax liabilities1,4321,140137564016162743034485011841,012803
Total long-term liabilities15,39514,08916,47816,18416,22914,59614,59611,1679,7368,5126,6774,4984,7644,4094,426
Current liabilities:
Short-term lease liabilities 597554482444434----------
Short-term interest-bearing liabilities4534451,4212,1681,3221,0681,068922928532647181,637520589
Contract liabilities16,55311,18910,6878,4098,8998,8908,8909,5127,8844,1342,8943,2743,5925,0614,526
Accounts payable6,0804,8703,5343,3023,2214,0774,0772,9582,8802,3401,8401,9181,9041,7851,799
Derivatives1,1111,6646159651,7061,2341,2341,0931,9551,6141,400316254628750
Tax liabilities235198179427114714712081374761228244265
Other liabilities1,0831,0979457781,193770770805695725978839760747819
Accrued expenses and deferred income8,0157,2166,3775,9395,2725,0975,0974,4833,9883,5133,5713,2793,9544,5903,868
Provisions8751,0351,072693702616616483399448512659565746792
Liabilities related to assets held for sale-132-------------
Total current liabilities35,00228,40025,31222,74022,82021,89921,89919,54618,17413,66411,50611,06412,89414,32113,408
Total liabilities50,39742,48941,79038,92439,04936,49536,49530,71327,91022,17618,18315,56217,65818,73017,834
Total shareholders' equity and liabilities82,75972,36565,03960,56859,85856,12856,12844,99841,21135,08829,55627,78928,93831,79929,278
MSEK
ASSETS
Fixed assets:
Intangible fixed assets
Tangible fixed assets
Lease assets
Biological assets
Right of use assets
Investment properties
Shares in associated companies and joint ventures
Financial investments
Long-term receivables
Deferred tax assets
Total fixed assets
Current assets:
Inventories
Derivatives
Tax receivables
Accounts receivable
Contract assets
Other receivables
Prepaid expenses and accrued income
Short-term investments
Liquid assets
Total current assets
Assets held for sale
TOTAL ASSETS
SHAREHOLDERS' EQUITY AND LIABILITIES
Shareholders' equity:
Parent Company's shareholders' interest
Non-controlling interest
Total shareholders' equity
Long-term liabilities:
Long-term lease liabilities
Long-term interest-bearing liabilities
Other liabilities
Provisions for pensions
Other provisions
Deferred tax liabilities
Total long-term liabilities
Current liabilities:
Short-term lease liabilities
Short-term interest-bearing liabilities
Contract liabilities
Accounts payable
Derivatives
Tax liabilities
Other liabilities
Accrued expenses and deferred income
Provisions
Liabilities related to assets held for sale
Total current liabilities
Total liabilities
Total shareholders' equity and liabilities
MSEK20232022202120202019201820172016201520142013201220112010
Operating activities:
Income after financial items4,4182,8192,5771,1122,6071,7962,0991,6111,7311,5239792,0032,783776
Transferred to and establishment of pension fund-------------132-147
Adjustment for items not affecting cash flows2,9503,3193,5132,0332,1321,8081,4791,2266887231,2241,0821412,317
Divident from associated companies and joint ventures3644726320392616252----
Income tax paid-856-596-373-144-408-479-272-120-266-394-368-574-450-196
Cash flow from operating activities before changes in working capital6,5485,5865,7893,0644,3513,1643,3322,7332,1781,8541,8352,5112,3422,750
Cash flow from changes in working capital:
Contract assets and liabilities2,915-1532,9291,704-1,649-3,039-7185,092-2,800-868-1,564-6035121,222
Inventories-2,691-2,550-1,32095-1,141-1,057-972-1,329349-856-147-199-243586
Other current receivables-1,922-241-1,636805176-1,044925-2,540511-6433-178-27592
Other current liabilities2,0202,552401468-2181,965704521426-243-542-672438-366
Provisions-408-540-450-336-325-479-107-323-306-536-277-509-630-297
Cash flow from operating activities6,4624,6545,7135,8001,194-4903,1644,154358-713-6623502,3924,487
Investing activities:
Investments in intangible fixed assets-484-186-406-269-196-198-193-98-70-68-44-51-26-70
Capitalised development costs-547-500-891-1,353-1,392-1,140-871-784-524-171-24-292-15-47
Investments in tangible fixed assets-2,507-1,624-1,223-1,269-1,213-1,481-1,093-807-799-732-543-328-325-262
Investments in lease assets------------1-1-2
Sales and disposals of tangible fixed assets411726233223252771546102311
Sale of lease assets---------1058131230165
Investments in and sales of short-term investments-1,233-49-2,085-2,3123,219-4,55463-1,525-1,7227201,936585-2,967-993
Dividend from joint ventures----------430---
Investments in financial assets-1,268-240-125-97-171-48-30-169-368--238---6
Sale of financial assets-231,11035621042522640-26306
Investments in operations---21-4-15-170-49-221152-68-568-1,135-
Sale of subsidiaries-262-19169-33-77312299-1741,264161
Sale of operations and other operations38242------------
Cash flow from investing activities-5,915-2,438-4,703-4,002314-7,288-2,165-3,303-3,1593601,576-133-2,575-1,143
Financing activities:
Repayments of loans-1,075-1,386-2,538-3,077-990-967-1,301-582-1,865-468-1,100-19-50-1,950
Amortisation of lease liabilities-586-524-469-437-415---------
Raising of loans1,2501,3942,2482,72883,8201,7007324,7581,000845---
Rights issue----115,967--------
Repurchase of shares---246-242-301-203----252----80
Dividend paid to Parent Company's shareholders-703-647-622--601-588-559-530-501-479-477-474-367-237
Dividend paid to non-controlling interest-126-62-27-12-24-24-4-5-10-5-1---
Transactions with non-controlling interest104715-858-14-15------
Cash flow from financing activities-1,230-1,178-1,639-1,125-2,3047,991-164-3702,382-204-733-493-417-2,267
Cash flow for the year-6831,038-629673-796213835481-419-557181-276-6001,077
Liquid assets at beginning of year2,8691,7012,2731,6872,4512,2021,4028501,2841,7641,6161,9182,5441,463
Exchange rate difference in liquid assets-5713057-873236-3571-1577-33-26-264
Liquid assets at year-end2,1292,8691,7012,2731,6872,4512,2021,4028501,2841,7641,6161,9182,544
MSEK
Operating activities:
Income after financial items
Transferred to and establishment of pension fund
Adjustment for items not affecting cash flows
Divident from associated companies and joint ventures
Income tax paid
Cash flow from operating activities before changes in working capital
Cash flow from changes in working capital:
Contract assets and liabilities
Inventories
Other current receivables
Other current liabilities
Provisions
Cash flow from operating activities
Investing activities:
Investments in intangible fixed assets
Capitalised development costs
Investments in tangible fixed assets
Investments in lease assets
Sales and disposals of tangible fixed assets
Sale of lease assets
Investments in and sales of short-term investments
Dividend from joint ventures
Investments in financial assets
Sale of financial assets
Investments in operations
Sale of subsidiaries
Sale of operations and other operations
Cash flow from investing activities
Financing activities:
Repayments of loans
Amortisation of lease liabilities
Raising of loans
Rights issue
Repurchase of shares
Dividend paid to Parent Company's shareholders
Dividend paid to non-controlling interest
Transactions with non-controlling interest
Cash flow from financing activities
Cash flow for the year
Liquid assets at beginning of year
Exchange rate difference in liquid assets
Liquid assets at year-end