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Annual and Sustainability Report 2025

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Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis. Fusce quis lorem mauris. Quisque fringilla mauris iaculis, vehicula justo et, scelerisque mauris. Aenean pretium molestie ligula, vitae laoreet justo euismod eget. Morbi condimentum ex eu neque tincidunt scelerisque. Aenean nec quam ut odio facilisis gravida. Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis.123

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Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis.
Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis. Fusce quis lorem mauris. Quisque fringilla mauris iaculis, vehicula justo et, scelerisque mauris. Aenean pretium molestie ligula, vitae laoreet justo euismod eget. Morbi condimentum ex eu neque tincidunt scelerisque. Aenean nec quam ut odio facilisis gravida.

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Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis. 
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Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis.

”Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis.”

Shelby Fox, Company

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H5 heading

Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis.

H6 heading

Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis.

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Ut ac scelerisque ante, ornare vehicula tellus. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Fusce condimentum vestibulum diam vitae iaculis

Table heading

January-December, MSEK Note 2025 2024
Revenues 61 998 63 604
Cost of sales   -39 024 -40 658
Gross profit   22 974 22 946
       
Administrative expenses   -4 498 -4 531
Marketing expenses   -4 021 -4 250
Research and development expenses   -1 966 -2 282
Other operating income 262 628
Other operating expenses -826 -106
Share of profit in associated companies 0 -20
Operating profit 11 925 12 385
       
Financial income 476 470
Financial expenses -1 165 -1 416
Net financial items   -689 -946
       
Profit before tax   11 236 11 439
       
Income tax expense -2 637 -2 683
Profit for the year   8 599 8 756
       
Profit attributable to:      
– owners of the parent   8 602 8 731
– non­-controlling interests   -3 25
       
Basic earnings per share, SEK 7.12 7.23
Diluted earnings per share, SEK 7.11 7.23
Section Connected disclosure Page reference
Own workforce impacts, risks, and opportunities SBM-3 83-88, 114-116
Policies for own workforce S1-1 116-117
Policies for own workforce S1-2 117-118
Accounting policy

Inventories are valued at the lower of cost and net realizable value. Net realizable value is the estimated selling price for inventories less all estimated costs of completion and costs necessary to make the sale. Inventories are recognized according to the first-in-first-out principle and include the cost of acquiring inventories and bringing them to their existing location and condition, or through a method that is built on weighted average prices. Inventories of similar nature are valued according to the same method. Inventories manufactured by the Group and work in prog- ress include an appropriate share of production overheads based on normal operating capacity. Inventories are reported net of deductions for obsolescence and internal profits arising in connection with deliveries from the production companies to the distribution and customer centers.

Critical accounting estimates and judgments

The Group values inventory at the lower of historical cost, based on the first-in-first-out basis, and net realizable value. The calculation of net realizable value involves management’s judgment as to the estimated sales prices, overstock articles, outdated articles, damaged goods, and selling costs. If the estimated net realizable value is lower than historical cost, a valuation allowance is established for inventory obsolescence.

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Chart: Sick leave
Chart: Sick leave
Chart: Sick leave
HM 2000

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HM 2000

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HM 2000

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Chart: Sick leave
Chart: Sick leave
Chart: Sick leave
Chart: Sick leave
Accounting policy

Inventories are valued at the lower of cost and net realizable value. Net realizable value is the estimated selling price for inventories less all estimated costs of completion and costs necessary to make the sale. Inventories are recognized according to the first-in-first-out principle and include the cost of acquiring inventories and bringing them to their existing location and condition, or through a method that is built on weighted average prices. Inventories of similar nature are valued according to the same method. Inventories manufactured by the Group and work in prog- ress include an appropriate share of production overheads based on normal operating capacity. Inventories are reported net of deductions for obsolescence and internal profits arising in connection with deliveries from the production companies to the distribution and customer centers.

Critical accounting estimates and judgments

The Group values inventory at the lower of historical cost, based on the first-in-first-out basis, and net realizable value. The calculation of net realizable value involves management’s judgment as to the estimated sales prices, overstock articles, outdated articles, damaged goods, and selling costs. If the estimated net realizable value is lower than historical cost, a valuation allowance is established for inventory obsolescence.

 

 

 

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