Income Statement Creades AB

Stocks

CRED A

SE0015661236

Investment Holding Companies

Real-time Estimate Cboe Europe 11:30:45 2026-09-18 EDT			5-day change	1st Jan Change
91.40 ^SEK	-0.81%		-1.19%	+21.87%

09-03	Creades' net asset value rose by 2 kronor in August to 96 kronor	FW
08-14	Creades net asset value fell to 94 kronor in July	FW

1ee4311037e66e4a1045a.FCM-8vDqkYR5rZSbLFiRea3HE-AjeR8X6wzS5j68Sho.RWVtmqim38sgmfLXfm7OFvf_e7lUN3t0iDq90HHxOkk5QFeHmduowj2e_w

Published financial data: CREADES AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020 (SEK)	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)
Revenues	-	-	-	-	-
Gain (Loss) on Sale of Investment, Total (Rev)	3.95B	4.35B	-4.4B	331M	1.03B
Interest And Invest. Income (Rev)	64M	126M	199M	178M	231M
Other Revenues, Total	-	-	-	-	-
Total Revenues	4.02B	4.47B	-4.2B	509M	1.26B
Cost of Goods Sold, Total	-	-	-	-	-
Gross Profit	4.02B	4.47B	-4.2B	509M	1.26B
Selling General & Admin Expenses, Total	358M	254M	-239M	-9M	84M
Other Operating Expenses	-	-2M	-3M	-4M	-2M
Other Operating Expenses, Total	358M	252M	-242M	-13M	82M
Operating Income	3.66B	4.22B	-3.96B	522M	1.18B
Interest Expense, Total	-1M	-3M	-	-	-1M
Interest And Investment Income	-	-	13M	36M	23M
Net Interest Expenses	-1M	-3M	13M	36M	22M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	3.66B	4.22B	-3.95B	558M	1.2B
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	3.66B	4.22B	-3.95B	558M	1.2B
Income Tax Expense	9M	26M	-	-	-
Earnings From Continuing Operations	3.65B	4.19B	-3.95B	558M	1.2B
Net Income to Company	3.65B	4.19B	-3.95B	558M	1.2B
Minority Interest	-	-	-	-	-
Net Income - (IS)	3.65B	4.19B	-3.95B	558M	1.2B
Net Income to Common Incl Extra Items	3.65B	4.19B	-3.95B	558M	1.2B
Net Income to Common Excl. Extra Items	3.65B	4.19B	-3.95B	558M	1.2B
Per Share Items
Net EPS - Basic	29.26	31.97	-29.08	4.11	8.85
Basic EPS - Continuing Operations	29.26	31.97	-29.08	4.11	8.85
Basic Weighted Average Shares Outstanding	125M	131M	136M	136M	-
Net EPS - Diluted	29.26	31.97	-29.08	4.11	8.85
Diluted EPS - Continuing Operations	29.26	31.97	-29.08	4.11	8.85
Diluted Weighted Average Shares Outstanding	125M	131M	136M	136M	-
Normalized Basic EPS	18.33	20.11	-18.18	2.57	5.53
Normalized Diluted EPS	18.33	20.11	-18.18	2.57	5.53
Dividend Per Share	1.4	1.4	1.4	1.6	1.6
Payout Ratio	4.1	4.34	-4.81	34.05	17.47
Supplemental Items
EBITDA	-	4.22B	-3.96B	523M	1.18B
EBITA	3.66B	4.22B	-3.96B	522M	1.18B
EBIT	3.66B	4.22B	-3.96B	522M	1.18B
Total Revenues (As Reported)	4.02B	4.47B	-4.2B	509M	1.26B
Effective Tax Rate - (Ratio)	0.25	0.62	-	-	-
Total Current Taxes	-	-	-	-	-
Total Deferred Taxes	9M	26M	-	-	-
Normalized Net Income	2.28B	2.64B	-2.47B	349M	751M
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	7M	7M	12M	11M	11M

Fiscal Period: December	2020 (SEK)	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)
Assets
Cash And Equivalents	640M	467M	613M	299M	717M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	640M	467M	613M	299M	717M
Accounts Receivable, Total	-	-	-	-	-
Other Receivables	10M	5M	5M	3M	-
Total Receivables	10M	5M	5M	3M	-
Inventory	-	-	-	-	-
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	30M	-	102M	15M	3M
Total Current Assets	680M	472M	720M	317M	720M
Gross Property Plant And Equipment	12M	11M	11M	11M	-
Accumulated Depreciation	-4M	-5M	-7M	-9M	-
Net Property Plant And Equipment	8M	6M	4M	2M	11M
Long-term Investments	7.63B	13.04B	8.33B	8.84B	9.58B
Goodwill	-	-	-	-	-
Other Intangibles, Total	-	-	-	-	-
Deferred Tax Assets Long-Term	27M	-	-	-	-
Other Long-Term Assets, Total	-	-	-	164M	-1M
Total Assets	8.34B	13.52B	9.05B	9.32B	10.31B
Liabilities
Accounts Payable, Total	44M	-	-	-	-
Accrued Expenses, Total	336M	-	-	-	-
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	2M	2M	2M	2M	2M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	2M	104M	109M	112M	131M
Total Current Liabilities	384M	106M	111M	114M	133M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	6M	4M	1M	-	8M
Other Non Current Liabilities	-	465M	133M	33M	12M
Total Liabilities	390M	575M	245M	147M	153M
Common Stock, Total	1M	1M	1M	1M	1M
Additional Paid In Capital	3.64B	3.64B	3.64B	3.64B	3.64B
Retained Earnings	4.31B	9.3B	5.16B	5.53B	6.52B
Comprehensive Income and Other	-	-	-	-	-1M
Total Common Equity	7.95B	12.94B	8.81B	9.18B	10.16B
Minority Interest	-	-	-	-	-
Total Equity	7.95B	12.94B	8.81B	9.18B	10.16B
Total Liabilities And Equity	8.34B	13.52B	9.05B	9.32B	10.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	125M	136M	136M	136M	136M
ECS Total Common Shares Outstanding	125M	136M	136M	136M	136M
Book Value / Share	63.79	95.35	64.87	67.58	74.83
Tangible Book Value	7.95B	12.94B	8.81B	9.18B	10.16B
Tangible Book Value Per Share	63.79	95.35	64.87	67.58	74.83
Total Debt	8M	6M	3M	2M	10M
Net Debt	-632M	-461M	-610M	-297M	-707M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	2M	-	-	-	-
Full Time Employees	10	6	7	8	9

Fiscal Period: December	2020 (SEK)	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)
Net Income	3.65B	4.19B	-3.95B	558M	1.2B
Depreciation & Amortization - CF	2M	2M	2M	2M	2M
Depreciation & Amortization, Total	2M	2M	2M	2M	2M
(Gain) Loss From Sale Of Asset	-	-	-1.42B	-26M	-310M
(Gain) Loss on Sale of Investments - (CF)	-95M	-11M	-	-	-
Asset Writedown & Restructuring Costs	-3.86B	-4.34B	5.83B	-305M	-721M
Other Operating Activities, Total	343M	257M	-278M	-61M	61M
Change in Other Net Operating Assets	-25M	-15M	-154M	37M	-44M
Cash from Operations	16M	89M	25M	205M	190M
Capital Expenditure	-	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	424M	-1.07B	311M	-179M	288M
Other Investing Activities, Total	-	-	-	-150M	150M
Cash from Investing	424M	-1.07B	311M	-329M	438M
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	987M	-	-	-
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-150M	-182M	-190M	-190M	-210M
Common & Preferred Stock Dividends Paid	-150M	-182M	-190M	-190M	-210M
Special Dividend Paid	-112M	-	-	-	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-262M	805M	-190M	-190M	-210M
Net Change in Cash	178M	-173M	146M	-314M	418M
Supplemental Items
Cash Interest Paid	2M	-	-	-	-
Cash Income Tax Paid (Refund)	-2M	1M	1M	-	-
Levered Free Cash Flow	2.64B	2.68B	-2.57B	420M	773M
Unlevered Free Cash Flow	2.64B	2.68B	-2.57B	420M	774M
Change In Net Working Capital	-355M	-41M	97M	-92M	-34M
Net Debt Issued / Repaid	-	-	-	-	-

Fiscal Period: December	2020 (SEK)	2021 (SEK)	2022 (SEK)	2023 (SEK)	2024 (SEK)
Profitability
Return on Assets	35.17	24.14	-21.94	3.55	7.51
Return on Total Capital	36.34	25.24	-22.75	3.63	7.62
Return On Equity %	58.07	40.13	-36.3	6.21	12.43
Return on Common Equity	58.07	40.13	-36.3	6.21	12.43
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	8.92	5.68	5.69	-1.77	6.66
EBITDA Margin %	-	94.39	94.24	102.75	93.5
EBITA Margin %	91.08	94.37	94.24	102.55	93.5
EBIT Margin %	91.08	94.37	94.24	102.55	93.5
Income From Continuing Operations Margin %	90.83	93.72	93.93	109.63	95.25
Net Income Margin %	90.83	93.72	93.93	109.63	95.25
Net Avail. For Common Margin %	90.83	93.72	93.93	109.63	95.25
Normalized Net Income Margin	56.91	58.94	58.71	68.52	59.53
Levered Free Cash Flow Margin	65.8	59.9	61.16	82.56	61.24
Unlevered Free Cash Flow Margin	65.82	59.94	61.16	82.56	61.29
Asset Turnover
Asset Turnover	0.62	0.41	-0.37	0.06	0.13
Fixed Assets Turnover	446.11	639.14	-840.6	169.67	194.15
Receivables Turnover (Average Receivables)	-	-	-	-	-
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	1.77	4.45	6.49	2.78	5.41
Quick Ratio	1.69	4.45	5.57	2.65	5.39
Operating Cash Flow to Current Liabilities	0.04	0.84	0.23	1.8	1.43
Days Sales Outstanding (Average Receivables)	-	-	-	-	-
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	-	-	-	-	-
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	0.1	0.05	0.03	0.02	0.1
Total Debt / Total Capital	0.1	0.05	0.03	0.02	0.1
LT Debt/Equity	0.08	0.03	0.01	-	0.08
Long-Term Debt / Total Capital	0.08	0.03	0.01	-	0.08
Total Liabilities / Total Assets	4.68	4.25	2.71	1.58	1.48
EBIT / Interest Expense	3.66K	1.41K	-	-	1.18K
EBITDA / Interest Expense	3.66K	1.41K	-	-	1.18K
(EBITDA - Capex) / Interest Expense	3.66K	1.41K	-	-	1.18K
Total Debt / EBITDA	0	0	-0	0	0.01
Net Debt / EBITDA	-0.17	-0.11	0.15	-0.57	-0.6
Total Debt / (EBITDA - Capex)	0	0	-0	0	0.01
Net Debt / (EBITDA - Capex)	-0.17	-0.11	0.15	-0.57	-0.6
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	255.31	11.43	-193.94	-112.11	147.94
Gross Profit, 1 Yr. Growth %	255.31	11.43	-193.94	-112.11	147.94
EBITDA, 1 Yr. Growth %	-	15.45	-193.8	-113.2	126.05
EBITA, 1 Yr. Growth %	239.87	15.45	-193.82	-113.18	126.05
EBIT, 1 Yr. Growth %	239.87	15.45	-193.82	-113.18	126.05
Earnings From Cont. Operations, 1 Yr. Growth %	235.82	14.97	-194.16	-114.13	115.41
Net Income, 1 Yr. Growth %	235.82	14.97	-194.16	-114.13	115.41
Normalized Net Income, 1 Yr. Growth %	239.46	15.4	-193.58	-114.13	115.41
Diluted EPS Before Extra, 1 Yr. Growth %	235.82	9.29	-190.95	-114.13	115.41
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	-
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-20	-25	-33.33	-50	450
Total Assets, 1 Yr. Growth %	79.15	62.09	-33.05	2.98	10.62
Tangible Book Value, 1 Yr. Growth %	72.47	62.81	-31.97	4.18	10.72
Common Equity, 1 Yr. Growth %	72.47	62.81	-31.97	4.18	10.72
Cash From Operations, 1 Yr. Growth %	-159.26	456.25	-71.91	720	-7.32
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	327.16	13.65	-195.92	-116.35	83.91
Unlevered Free Cash Flow, 1 Yr. Growth %	327.26	13.7	-195.86	-116.35	84.06
Dividend Per Share, 1 Yr. Growth %	0	0	0	14.29	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	77.04	98.98	2.31	-66.27	-45.2
Gross Profit, 2 Yr. CAGR %	133.72	98.98	2.31	-66.27	-45.2
EBITDA, 2 Yr. CAGR %	-	97.93	4.06	-64.81	-45.42
EBITA, 2 Yr. CAGR %	162.18	98.09	4.07	-64.84	-45.42
EBIT, 2 Yr. CAGR %	162.18	98.09	4.07	-64.84	-45.42
Earnings From Cont. Operations, 2 Yr. CAGR %	161.09	96.49	4.04	-63.52	-44.82
Net Income, 2 Yr. CAGR %	162.32	96.49	4.04	-63.52	-44.82
Normalized Net Income, 2 Yr. CAGR %	164.14	97.92	3.92	-63.63	-44.82
Diluted EPS Before Extra, 2 Yr. CAGR %	162.32	91.57	-0.3	-64.15	-44.82
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-22.54	-29.29	-42.26	65.83
Total Assets, 2 Yr. CAGR %	49.26	70.4	4.17	-16.96	6.73
Tangible Book Value, 2 Yr. CAGR %	46.61	67.57	5.25	-15.81	7.4
Common Equity, 2 Yr. CAGR %	46.61	67.57	5.25	-15.81	7.4
Cash From Operations, 2 Yr. CAGR %	-32.39	81.56	25	51.77	175.68
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	145.81	108.16	4.41	-60.4	-45.17
Unlevered Free Cash Flow, 2 Yr. CAGR %	145.49	108.23	4.4	-60.41	-45.15
Dividend Per Share, 2 Yr. CAGR %	0	0	0	6.9	6.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	46.92	51.72	54.94	-49.76	-34.42
Gross Profit, 3 Yr. CAGR %	102.43	82.59	54.94	-49.76	-34.42
EBITDA, 3 Yr. CAGR %	-	99.23	54.31	-47.71	-34.62
EBITA, 3 Yr. CAGR %	140.47	99.47	54.41	-47.74	-34.62
EBIT, 3 Yr. CAGR %	140.47	99.47	54.41	-47.74	-34.62
Earnings From Cont. Operations, 3 Yr. CAGR %	143.05	98.64	53.76	-46.52	-34.06
Net Income, 3 Yr. CAGR %	146.33	99.26	53.76	-46.52	-34.06
Normalized Net Income, 3 Yr. CAGR %	146.53	100.43	54.19	-46.56	-34.2
Diluted EPS Before Extra, 3 Yr. CAGR %	146.33	95.92	49.45	-48.02	-34.82
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	-
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.85	-	-26.32	-37	22.39
Total Assets, 3 Yr. CAGR %	32.57	53.42	24.81	3.78	-8.63
Tangible Book Value, 3 Yr. CAGR %	37.31	51.82	24.08	4.89	-7.76
Common Equity, 3 Yr. CAGR %	33.82	51.82	24.08	4.89	-7.76
Cash From Operations, 3 Yr. CAGR %	-25.7	36.49	-2.53	134	28.76
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	175.84	83	60.78	-43.72	-33.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	174.06	82.87	60.78	-43.73	-33.93
Dividend Per Share, 3 Yr. CAGR %	0	0	0	4.55	4.55
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	28.3	29.87	27.12	-16.86	2.23
Gross Profit, 5 Yr. CAGR %	47.05	55.13	54.08	-7.08	2.23
EBITDA, 5 Yr. CAGR %	-	66.81	71.76	-0.42	1.82
EBITA, 5 Yr. CAGR %	47.04	67	72.02	-0.38	1.86
EBIT, 5 Yr. CAGR %	47.04	67	72.02	-0.38	1.86
Earnings From Cont. Operations, 5 Yr. CAGR %	45.93	67.82	73.1	0.85	2.05
Net Income, 5 Yr. CAGR %	46.09	68.69	74.5	1.04	2.05
Normalized Net Income, 5 Yr. CAGR %	46.48	68.33	74.5	1.27	2.22
Diluted EPS Before Extra, 5 Yr. CAGR %	48.56	67.6	71.55	-0.68	0.32
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	21.67	3.71	-14.97	-	1.92
Total Assets, 5 Yr. CAGR %	20.03	30.89	20.38	20.01	17.24
Tangible Book Value, 5 Yr. CAGR %	21.74	33.97	23.46	19.92	17.12
Common Equity, 5 Yr. CAGR %	20.57	31.86	21.56	19.92	17.12
Cash From Operations, 5 Yr. CAGR %	-22.97	-0.88	-8.51	42.41	47.73
Levered Free Cash Flow, 5 Yr. CAGR %	53.95	88.66	82.82	-0.79	4.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	53.96	88.69	82.1	-0.85	4.57
Dividend Per Share, 5 Yr. CAGR %	-	0	0	2.71	2.71