Income Statement Bong AB

Stocks

BONG

SE0000396061

Paper Products

Delayed Nasdaq Stockholm 12:00:00 2026-09-07 EDT			5-day change	1st Jan Change
0.3320 ^SEK	-2.06%		-4.32%	-50.15%

09-02	Di: Bong has been renewed to print election envelopes	FW
09-02	Mangold internally brokered about 3.6 percent of Bong's capital	FW

c.wJhvxmujvtEWESmFLe9DojrUZCxm4HGHdiq_uHhPWRQ.o95WijjB-blPc0LyGYkA4W6lHUIhjSvyMBvZ1S8GaXLt7D6ZD_qP6H1jSg

Published financial data: BONG AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Revenues	1.8B	2.16B	2.09B	1.91B	1.81B
Total Revenues	1.8B	2.16B	2.09B	1.91B	1.81B
Cost of Goods Sold, Total	1.5B	1.78B	1.76B	1.6B	1.53B
Gross Profit	306M	385M	327M	311M	278M
Selling General & Admin Expenses, Total	274M	268M	293M	284M	265M
Other Operating Expenses	-4.26M	25.42M	42K	-303K	452K
Other Operating Expenses, Total	269M	294M	293M	283M	265M
Operating Income	36.25M	91.14M	34.04M	27.48M	12.56M
Interest Expense, Total	-28.34M	-28.62M	-35.81M	-36.19M	-33.69M
Interest And Investment Income	37K	29K	333K	1.37M	272K
Net Interest Expenses	-28.3M	-28.59M	-35.48M	-34.82M	-33.42M
Currency Exchange Gains (Loss)	-1.14M	-5.48M	3.18M	3.76M	-176K
Other Non Operating Income (Expenses)	-6.26M	-5.54M	-4.89M	-4.89M	-4.91M
EBT, Excl. Unusual Items	542K	51.52M	-3.14M	-8.46M	-25.94M
Restructuring Charges	-1.18M	-1.59M	-3.6M	-296K	-339K
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	10.76M	11.92M	10.84M	12.96M	3.98M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	10.12M	61.85M	4.09M	4.2M	-22.3M
Income Tax Expense	7.3M	19.1M	10.77M	16.85M	6.74M
Earnings From Continuing Operations	2.82M	42.74M	-6.68M	-12.64M	-29.04M
Net Income to Company	2.82M	42.74M	-6.68M	-12.64M	-29.04M
Minority Interest	1.63M	1.37M	1.96M	581K	-159K
Net Income - (IS)	4.44M	44.12M	-4.72M	-12.06M	-29.2M
Net Income to Common Incl Extra Items	4.44M	44.12M	-4.72M	-12.06M	-29.2M
Net Income to Common Excl. Extra Items	4.44M	44.12M	-4.72M	-12.06M	-29.2M
Per Share Items
Net EPS - Basic	0.02	0.21	-0.02	-0.06	-0.14
Basic EPS - Continuing Operations	0.02	0.21	-0.02	-0.06	-0.14
Basic Weighted Average Shares Outstanding	211M	211M	211M	211M	211M
Net EPS - Diluted	0.02	0.21	-0.02	-0.06	-0.14
Diluted EPS - Continuing Operations	0.02	0.21	-0.02	-0.06	-0.14
Diluted Weighted Average Shares Outstanding	211M	211M	211M	211M	211M
Normalized Basic EPS	0.01	0.16	-0	-0.02	-0.08
Normalized Diluted EPS	0.01	0.16	-0	-0.02	-0.08
Supplemental Items
EBITDA	63.3M	116M	62.35M	52.69M	38.1M
EBITA	38.92M	92.91M	35.52M	25.66M	13.9M
EBIT	36.25M	91.14M	34.04M	27.48M	12.56M
EBITDAR	65.46M	118M	65.85M	53.42M	39.44M
Effective Tax Rate - (Ratio)	72.16	30.89	263.49	400.71	-30.21
Total Current Taxes	7.21M	12.12M	10.58M	8.15M	5.78M
Total Deferred Taxes	95K	6.98M	198K	8.7M	961K
Normalized Net Income	1.96M	33.58M	-2.38K	-4.71M	-16.37M
Interest on Long-Term Debt	4.97M	5.87M	8.68M	9.38M	10.41M
Non-Cash Pension Expense	-	2.95M	6.18M	5.56M	5.27M
Supplemental Operating Expense Items
Selling and Marketing Expenses	152M	147M	158M	157M	144M
General and Administrative Expenses	122M	122M	136M	126M	121M
Net Rental Expense, Total	2.16M	1.92M	3.5M	731K	1.34M
Imputed Operating Lease Interest Expense	1.39M	1.11M	2.47M	537K	960K
Imputed Operating Lease Depreciation	775K	808K	1.03M	194K	382K

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Assets
Cash And Equivalents	135M	145M	129M	104M	112M
Total Cash And Short Term Investments	135M	145M	129M	104M	112M
Accounts Receivable, Total	208M	192M	178M	159M	130M
Other Receivables	79.01M	108M	118M	89.51M	97.3M
Total Receivables	287M	300M	297M	248M	227M
Inventory	211M	285M	225M	226M	194M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	5.5M	5.1M	6.71M	5.49M	4.41M
Total Current Assets	639M	735M	658M	584M	537M
Gross Property Plant And Equipment	1.21B	1.44B	1.26B	1.47B	1.36B
Accumulated Depreciation	-962M	-1.07B	-917M	-1.07B	-1.01B
Net Property Plant And Equipment	248M	370M	341M	392M	348M
Long-term Investments	-	-	-	-	-
Goodwill	454M	488M	476M	493M	469M
Other Intangibles, Total	1.4M	1.68M	2.69M	416K	1.58M
Deferred Tax Assets Long-Term	101M	90.28M	93.73M	89.09M	81.52M
Other Long-Term Assets, Total	807K	831K	771K	10.23M	9.89M
Total Assets	1.44B	1.69B	1.57B	1.57B	1.45B
Liabilities
Accounts Payable, Total	207M	227M	194M	158M	183M
Accrued Expenses, Total	166M	193M	204M	204M	194M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	29.52M	31.34M	158M	47.47M	38.11M
Current Portion of Leases	41.53M	47.03M	50.96M	47.43M	47.43M
Current Income Taxes Payable	5.11M	8.78M	6.57M	3.29M	725K
Other Current Liabilities	32.89M	71.39M	43.58M	37.91M	41.79M
Total Current Liabilities	482M	578M	657M	497M	504M
Long-Term Debt	216M	198M	41.73M	150M	110M
Long-Term Leases	73.56M	155M	129M	163M	150M
Pension & Other Post Retirement Benefits	215M	163M	177M	163M	151M
Deferred Tax Liability Non Current	8.56M	11M	4.37M	12.88M	11.98M
Other Non Current Liabilities	9.23M	9.05M	6.88M	8.8M	7.48M
Total Liabilities	1B	1.11B	1.02B	995M	934M
Common Stock, Total	237M	237M	237M	237M	237M
Additional Paid In Capital	797M	797M	797M	797M	797M
Retained Earnings	-610M	-515M	-551M	-554M	-580M
Comprehensive Income and Other	18.37M	55.97M	72.32M	94.53M	59.75M
Total Common Equity	442M	575M	555M	574M	513M
Minority Interest	-2.03M	-2.91M	-202K	-732K	-761K
Total Equity	440M	572M	555M	573M	512M
Total Liabilities And Equity	1.44B	1.69B	1.57B	1.57B	1.45B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	211M	211M	211M	211M	211M
ECS Total Common Shares Outstanding	211M	211M	211M	211M	211M
Book Value / Share	2.09	2.72	2.63	2.72	2.43
Tangible Book Value	-13.87M	85.08M	76.77M	80.85M	42.52M
Tangible Book Value Per Share	-0.07	0.4	0.36	0.38	0.2
Total Debt	361M	431M	380M	408M	345M
Net Debt	226M	286M	251M	304M	234M
Debt Equivalent of Unfunded Proj. Benefit Obligation	215M	163M	177M	163M	151M
Debt Equivalent Oper. Leases	17.3M	15.33M	28M	5.85M	10.74M
Minority Interest, Total (Incl. Fin. Div)	-2.03M	-2.91M	-202K	-732K	-761K
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	115M	150M	114M	113M	95.98M
Inventories - Work In Process, Total	3.66M	4.57M	3.15M	4.16M	3.11M
Inventories - Finished Goods, Total	92.37M	131M	108M	109M	94.55M
Land - (BS)	8.97M	9.73M	9.71M	10.03M	9.47M
Buildings, Total	-	-	-	-	-
Machinery, Total	846M	940M	891M	874M	754M
Full Time Employees	1.13K	1.15K	1.03K	973	950
Accumulated Allowance for Doubtful Accounts (Supple)	5.85M	9.1M	9.69M	9.12M	10.19M

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Net Income	4.44M	44.12M	-4.72M	-12.06M	-29.2M
Depreciation & Amortization - CF	61M	64.56M	76.69M	77.56M	70.67M
Amortization of Goodwill and Intangible Assets - (CF)	2.67M	1.77M	1.48M	-1.82M	1.33M
Depreciation & Amortization, Total	63.67M	66.34M	78.17M	75.73M	72M
(Gain) Loss From Sale Of Asset	-6.96M	-11.45M	-1.32M	-7.29M	-2.96M
Asset Writedown & Restructuring Costs	17.92M	-	13.2M	-	-
Other Operating Activities, Total	-188K	11.66M	-7.79M	761K	-794K
Change In Accounts Receivable	-7M	1.13M	5.79M	63.56M	1.02M
Change In Inventories	-22.85M	-57.8M	63.44M	7.07M	20.34M
Change in Other Net Operating Assets	17.66M	57.28M	-63.89M	-57.2M	44.5M
Cash from Operations	66.7M	111M	82.88M	70.57M	105M
Capital Expenditure	-21.56M	-51.59M	-29.32M	-46.08M	-35.77M
Sale of Property, Plant, and Equipment	14.55M	12.72M	9.65M	13.77M	21.44M
Cash from Investing	-7.01M	-38.87M	-19.67M	-32.31M	-14.33M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	2.34M	-	-	76.74M	-
Total Debt Issued	2.34M	-	-	76.74M	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-39.74M	-72.88M	-80.49M	-144M	-74.84M
Total Debt Repaid	-39.74M	-72.88M	-80.49M	-144M	-74.84M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-37.4M	-72.88M	-80.49M	-67.54M	-74.84M
Foreign Exchange Rate Adjustments	2.87M	9.91M	1.91M	3.49M	-7.56M
Net Change in Cash	25.16M	9.44M	-15.36M	-25.79M	8.18M
Supplemental Items
Cash Interest Paid	27.43M	24.52M	31.68M	34.36M	30.4M
Cash Income Tax Paid (Refund)	3.82M	7.06M	10.73M	16.26M	5.91M
Levered Free Cash Flow	36.49M	56.11M	58.28M	26.64M	94.28M
Unlevered Free Cash Flow	54.2M	73.99M	80.66M	49.25M	115M
Change In Net Working Capital	10.58M	-2.29M	-10.53M	-2.43M	-71.25M
Net Debt Issued / Repaid	-37.4M	-72.88M	-80.49M	-67.54M	-74.84M

Fiscal Period: December	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)	2025 (SEK)
Profitability
Return on Assets	1.6	3.64	1.31	1.09	0.52
Return on Total Capital	2.91	6.31	2.2	1.79	0.85
Return On Equity %	0.66	8.45	-1.19	-2.24	-5.35
Return on Common Equity	1.04	8.68	-0.84	-2.14	-5.37
Margin Analysis
Gross Profit Margin %	16.94	17.78	15.68	16.24	15.36
SG&A Margin	15.17	12.39	14.05	14.82	14.64
EBITDA Margin %	3.51	5.35	2.99	2.75	2.11
EBITA Margin %	2.16	4.29	1.7	1.34	0.77
EBIT Margin %	2.01	4.21	1.63	1.44	0.69
Income From Continuing Operations Margin %	0.16	1.97	-0.32	-0.66	-1.61
Net Income Margin %	0.25	2.04	-0.23	-0.63	-1.61
Net Avail. For Common Margin %	0.25	2.04	-0.23	-0.63	-1.61
Normalized Net Income Margin	0.11	1.55	-0	-0.25	-0.9
Levered Free Cash Flow Margin	2.02	2.59	2.79	1.39	5.21
Unlevered Free Cash Flow Margin	3	3.42	3.86	2.57	6.37
Asset Turnover
Asset Turnover	1.27	1.38	1.28	1.22	1.2
Fixed Assets Turnover	7.33	7	5.87	5.22	4.89
Receivables Turnover (Average Receivables)	8.84	10.81	11.27	11.35	12.54
Inventory Turnover (Average Inventory)	7.64	7.18	6.91	7.11	7.29
Short Term Liquidity
Current Ratio	1.33	1.27	1	1.17	1.06
Quick Ratio	0.88	0.77	0.65	0.71	0.67
Operating Cash Flow to Current Liabilities	0.14	0.19	0.13	0.14	0.21
Days Sales Outstanding (Average Receivables)	41.3	33.77	32.39	32.24	29.12
Days Outstanding Inventory (Average Inventory)	47.8	50.81	52.8	51.47	50.05
Average Days Payable Outstanding	45.67	42.65	45.09	40.06	41.45
Cash Conversion Cycle (Average Days)	43.43	41.93	40.1	43.65	37.72
Long Term Solvency
Total Debt/Equity	82.06	75.41	68.51	71.17	67.46
Total Debt / Total Capital	45.07	42.99	40.66	41.58	40.28
LT Debt/Equity	65.91	61.7	30.83	54.61	50.76
Long-Term Debt / Total Capital	36.2	35.18	18.3	31.91	30.31
Total Liabilities / Total Assets	69.54	66.08	64.69	63.44	64.59
EBIT / Interest Expense	1.28	3.18	0.95	0.76	0.37
EBITDA / Interest Expense	3.53	5.5	3.13	2.85	2.51
(EBITDA - Capex) / Interest Expense	2.77	3.7	2.31	1.58	1.45
Total Debt / EBITDA	3.61	2.74	3.39	3.95	4.09
Net Debt / EBITDA	2.26	1.82	2.23	2.95	2.76
Total Debt / (EBITDA - Capex)	4.61	4.07	4.59	7.14	7.08
Net Debt / (EBITDA - Capex)	2.88	2.71	3.02	5.33	4.79
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.12	19.99	-3.54	-8.32	-5.48
Gross Profit, 1 Yr. Growth %	-2.94	25.89	-14.89	-5.08	-10.58
EBITDA, 1 Yr. Growth %	161.58	82.94	-46.16	-15.5	-27.69
EBITA, 1 Yr. Growth %	-823.34	138.7	-61.76	-27.78	-45.84
EBIT, 1 Yr. Growth %	-428.23	151.39	-62.65	-19.27	-54.28
Earnings From Cont. Operations, 1 Yr. Growth %	-104.3	1.42K	-115.64	89.11	129.73
Net Income, 1 Yr. Growth %	-106.82	892.78	-110.71	155.37	142.12
Normalized Net Income, 1 Yr. Growth %	-106.38	1.61K	-100.01	198K	247.64
Diluted EPS Before Extra, 1 Yr. Growth %	-106.45	944.51	-110.71	168.31	133.34
Accounts Receivable, 1 Yr. Growth %	4.22	-7.75	-7.2	-10.93	-18.31
Inventory, 1 Yr. Growth %	16.11	35.03	-21.09	0.75	-14.45
Net Property, Plant and Equip., 1 Yr. Growth %	1.74	49.16	-7.84	14.87	-11.23
Total Assets, 1 Yr. Growth %	3.66	16.7	-6.79	-0.2	-7.76
Tangible Book Value, 1 Yr. Growth %	-75.15	-713.42	-9.77	5.32	-47.41
Common Equity, 1 Yr. Growth %	7.21	30.03	-3.44	3.45	-10.66
Cash From Operations, 1 Yr. Growth %	95.03	66.83	-25.52	-14.86	48.66
Capital Expenditures, 1 Yr. Growth %	-6.31	139.32	-43.17	57.18	-22.39
Levered Free Cash Flow, 1 Yr. Growth %	-5.99	53.77	3.88	-54.3	253.97
Unlevered Free Cash Flow, 1 Yr. Growth %	-9.12	36.52	9.01	-38.94	134.17
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.73	8.38	7.58	-5.96	-6.91
Gross Profit, 2 Yr. CAGR %	-8.37	10.54	3.51	-10.12	-7.87
EBITDA, 2 Yr. CAGR %	-9.89	118.76	-0.75	-32.55	-21.83
EBITA, 2 Yr. CAGR %	-9.02	315.53	-4.46	-47.45	-37.46
EBIT, 2 Yr. CAGR %	-2.28	187.25	-3.1	-45.09	-39.25
Earnings From Cont. Operations, 2 Yr. CAGR %	-65.76	-19.28	54.02	-45.62	108.43
Net Income, 2 Yr. CAGR %	-56.58	-17.7	3.09	-47.71	148.66
Normalized Net Income, 2 Yr. CAGR %	30.45	4.39	-96.52	-62.55	8.2K
Diluted EPS Before Extra, 2 Yr. CAGR %	-57.67	-17.91	5.74	-46.41	150.21
Accounts Receivable, 2 Yr. CAGR %	-2.14	-1.95	-7.48	-9.09	-14.7
Inventory, 2 Yr. CAGR %	2.57	25.21	3.22	-10.84	-7.16
Net Property, Plant and Equip., 2 Yr. CAGR %	-11.23	23.19	17.24	2.89	0.98
Total Assets, 2 Yr. CAGR %	-4.55	9.99	4.29	-3.55	-4.05
Tangible Book Value, 2 Yr. CAGR %	18.57	23.47	135.26	-2.52	-25.58
Common Equity, 2 Yr. CAGR %	-8.56	18.07	12.05	-0.06	-3.86
Cash From Operations, 2 Yr. CAGR %	-18.52	80.38	11.47	-20.37	12.5
Capital Expenditures, 2 Yr. CAGR %	-6.93	49.74	16.62	-5.49	10.45
Levered Free Cash Flow, 2 Yr. CAGR %	-39.52	20.23	26.39	-31.1	27.19
Unlevered Free Cash Flow, 2 Yr. CAGR %	-32.41	11.39	21.99	-18.41	19.58
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.69	-0.02	4.25	2	-5.8
Gross Profit, 3 Yr. CAGR %	-5.91	1.86	1.31	0.57	-10.27
EBITDA, 3 Yr. CAGR %	61.52	14.1	37.1	-5.93	-30.97
EBITA, 3 Yr. CAGR %	-5.8	25.48	87.6	-12.97	-46.92
EBIT, 3 Yr. CAGR %	-16.59	33.9	45.53	-8.82	-48.34
Earnings From Cont. Operations, 3 Yr. CAGR %	-73.27	21.16	-53.29	64.93	-12.09
Net Income, 3 Yr. CAGR %	-68.99	23.24	-58.3	39.49	-12.85
Normalized Net Income, 3 Yr. CAGR %	-68.56	207.51	-95.75	33.83	-21.29
Diluted EPS Before Extra, 3 Yr. CAGR %	-69.57	23.24	-58.37	44.23	-12.49
Accounts Receivable, 3 Yr. CAGR %	-9.59	-4.05	-3.73	-8.64	-12.27
Inventory, 3 Yr. CAGR %	2.57	12.42	7.35	2.39	-12.06
Net Property, Plant and Equip., 3 Yr. CAGR %	11.45	5.54	11.83	16.45	-2.05
Total Assets, 3 Yr. CAGR %	-0.84	2.06	4.08	2.77	-4.98
Tangible Book Value, 3 Yr. CAGR %	-25.52	105.07	11.21	79.97	-20.64
Common Equity, 3 Yr. CAGR %	-8.08	2.83	10.41	9.11	-3.72
Cash From Operations, 3 Yr. CAGR %	4.5	3.46	34.32	1.89	-1.95
Capital Expenditures, 3 Yr. CAGR %	3.02	27.51	8.42	28.82	-11.49
Levered Free Cash Flow, 3 Yr. CAGR %	-27.53	-17.45	14.51	-9.96	18.89
Unlevered Free Cash Flow, 3 Yr. CAGR %	-12.92	-14.56	10.59	-3.14	15.95
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.31	0.65	-1.22	-2.44	-0.37
Gross Profit, 5 Yr. CAGR %	-3.9	0.19	-2.25	-3.11	-2.46
EBITDA, 5 Yr. CAGR %	-3.41	4.32	32.93	-7.54	9.5
EBITA, 5 Yr. CAGR %	2.12	9.56	-5.27	-11.41	20.89
EBIT, 5 Yr. CAGR %	9.09	13.88	-11.44	-6.26	2.61
Earnings From Cont. Operations, 5 Yr. CAGR %	-60.61	37.17	-46.15	-12.06	-15.04
Net Income, 5 Yr. CAGR %	-56.8	28.84	-49.86	-12.54	-14.82
Normalized Net Income, 5 Yr. CAGR %	-31.44	87	-87.01	32.47	-11.88
Diluted EPS Before Extra, 5 Yr. CAGR %	-57.37	28.34	-49.92	-11.67	-14.7
Accounts Receivable, 5 Yr. CAGR %	-6.07	-7.04	-8.75	-6.09	-8.28
Inventory, 5 Yr. CAGR %	2.48	8.51	2.83	2.46	1.29
Net Property, Plant and Equip., 5 Yr. CAGR %	1.64	12.12	13.73	4.47	7.36
Total Assets, 5 Yr. CAGR %	-2.14	0.72	1.18	-0.22	0.75
Tangible Book Value, 5 Yr. CAGR %	-31.58	0.77	17.99	52.31	-5.29
Common Equity, 5 Yr. CAGR %	-8.61	-3.46	-0.5	1.67	4.47
Cash From Operations, 5 Yr. CAGR %	4.25	17.42	7.24	-6.82	25.13
Capital Expenditures, 5 Yr. CAGR %	-4.89	27.58	8.26	13.11	9.23
Levered Free Cash Flow, 5 Yr. CAGR %	-14.67	-0.81	-9.47	-23.21	19.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	-10.85	-0.07	-0.35	-16.12	14.1