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Two Female Co-Workers with Tablet and Financial Documents - Investors - AAK

Get to know the measures that we use

Working capital, Direct yield, and more

Alternative Performance Measures

As our investor you deserve clear information about our financials. We wish to maintain good relations with important stakeholders and help you to increase knowledge about AAK. In our interim reports we are referring to these alternative performance measures, APMs.

Definitions

Proporation of risk-bearing capital

Equity, non-controlling share of equity and deferred tax liability divided by balance sheet total.

Return on shareholders’ equity

Profit/loss for the year as a percentage of average shareholders’ equity.

Return on operating capital

Operating profit divided by average operating capital.

Gross contribution

Operating income minus cost of goods.

Share price/Equity

Share price divided by equity per share.

Direct yield

Dividend per share as a percentage of the share price.

Equity per share

Equity divided by average number of shares at the balance sheet date.

Capital turnover rate

Net sales divided by average operating capital.

Cash and cash equivalents

Cash and bank balances plus short-term investments with a maturity of less than three months.

Earnings per share

Profit/loss for the year divided by the average number of shares on the balance sheet date.

Net borrowings

The total of interest-bearing liabilities minus interest-bearing assets.

P/E ratio

Share price divided by earnings per share.

Interest coverage ratio

Operating profit/loss plus financial income divided by financial expenses.

Working capital

Non-interest-bearing current assets minus non-interest-bearing liabilities excluding deferred tax.

Net debt/equity ratio

Net borrowings divided by equity including non-controlling interests.

Equity/assets ratio

Equity including non-controlling interests as a percentage of balance sheet total.

Operating capital

Total assets minus cash and cash equivalents, interest-bearing receivables and non-interest-bearing operating liabilities, but excluding deferred tax.

Dividend pay-out ratio

Dividend per share as a percentage of earnings per share.

Learn more about our financials

A strong year for AAK

Looking back at 2017, our CFO Fredrik Nilsson gives you his thoughts on the financial performance. He also looks ahead, telling you more about the next years.

Why you should invest in AAK

Fredrik Nilsson, our CFO, gives you the top arguments for investing in AAK.