Income Statement SBB Norden B

Equities

SBB B

SE0009554454

Real Estate Development & Operations

Real-time Estimate Cboe Europe Other stock markets 06:55:57 2025-06-24 EDT			5-day change	1st Jan Change
6.377 ^SEK	+1.35%		-0.53%	+40.38%

03:11am	Market Movements Following Major Changes to the OMXS30 Index	FW
12:51am	Biggest Changes in Stockholm Stock Exchange's OMXS30 Index in 40 Years - BN (Resend)	FW

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Published financial data: SBB NORDEN B

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Rental Revenues	5.12B	5.93B	7.45B	4.58B	3.71B
Other Revenues, Total	144M	2.81B	-	-	-
Total Revenues	5.26B	8.74B	7.45B	4.58B	3.71B
Property Expenses	1.64B	1.88B	2.57B	1.37B	1.14B
Selling General & Admin Expenses, Total	249M	311M	457M	888M	1.07B
Provision for Bad Debts	-	-	-	-	223M
Other Operating Expenses	-	-	-	-	-135M
Total Operating Expenses	1.89B	2.19B	3.02B	2.26B	2.3B
Operating Income (REIT / Utility Template)	3.37B	6.55B	4.42B	2.32B	1.41B
Interest Expense, Total	-957M	-908M	-1.38B	-1.22B	-1.3B
Interest and Investment Income	166M	274M	222M	241M	685M
Net Interest Expenses	-791M	-634M	-1.16B	-981M	-619M
Income (Loss) on Equity Invest.	-	-	-1.87B	-6.02B	-1.61B
Currency Exchange Gains (Loss)	144M	-82M	-1.98B	-144M	-328M
Other Non Operating Income (Expenses)	-208M	2.6B	-4.92B	-2.76B	-292M
EBT, Excl. Unusual Items	2.52B	8.43B	-5.5B	-7.58B	-1.44B
Total Merger & Related Restructuring Charges	-52M	-86M	-120M	-90M	-25M
Impairment of Goodwill	-24M	0	-395M	0	-1.08B
Asset Writedown	8.54B	21.36B	-4.57B	-13.32B	-5.42B
Other Unusual Items	-200M	-157M	424M	36M	1.14B
EBT, Incl. Unusual Items	10.78B	29.55B	-10.16B	-20.95B	-6.82B
Income Tax Expense	1.7B	3.94B	-351M	-2.13B	-670M
Earnings From Continuing Operations	9.08B	25.6B	-9.81B	-18.83B	-6.15B
Earnings Of Discontinued Operations	-	-	-	-2.76B	-
Net Income to Company	9.08B	25.6B	-9.81B	-21.59B	-6.15B
Minority Interest	-73M	-1.02B	177M	-464M	120M
Net Income - (IS)	9.01B	24.58B	-9.63B	-22.05B	-6.03B
Preferred Dividend and Other Adjustments	332M	496M	490M	548M	357M
Net Income to Common Incl Extra Items	8.68B	24.09B	-10.12B	-22.6B	-6.39B
Net Income to Common Excl. Extra Items	8.68B	24.09B	-10.12B	-19.84B	-6.39B
Per Share Items
Net EPS - Basic	6.19	15.33	-6.14	-13.71	-3.93
Basic EPS - Continuing Operations	6.19	15.33	-6.14	-12.04	-3.93
Basic Weighted Average Shares Outstanding	1.4B	1.57B	1.65B	1.65B	1.63B
Net EPS - Diluted	6.19	15.11	-6.14	-13.71	-3.93
Diluted EPS - Continuing Operations	6.19	15.11	-6.14	-12.04	-3.93
Diluted Weighted Average Shares Outstanding	1.4B	1.59B	1.65B	1.65B	1.63B
Normalized Basic EPS	1.07	2.7	-1.98	-3.16	-0.48
Normalized Diluted EPS	1.07	2.67	-1.98	-3.16	-0.48
Dividend Per Share	1	1.32	1.44	1.2	-
Payout Ratio	9.47	7.51	-29.45	-7.52	-42.07
Supplemental Items
EBITDA	3.38B	6.56B	4.43B	2.33B	1.43B
EBITA	3.37B	6.55B	4.42B	2.32B	1.41B
EBIT	3.37B	6.55B	4.42B	2.32B	1.41B
EBITDAR	3.4B	6.58B	4.46B	2.34B	1.45B
Effective Tax Rate - (Ratio)	15.77	13.35	3.45	10.15	9.82
Total Current Taxes	165M	247M	294M	443M	625M
Total Deferred Taxes	1.54B	3.7B	-645M	-2.57B	-1.3B
Normalized Net Income	1.5B	4.25B	-3.26B	-5.2B	-779M
Interest Capitalized	31.22M	87M	136M	115M	59M
Interest on Long-Term Debt	31.24B	108M	160M	1.24B	966M
Supplemental Operating Expense Items
General and Administrative Expenses	224M	290M	433M	878M	1.05B
Net Rental Expense, Total	25M	21M	24M	10M	17M
Imputed Operating Lease Interest Expense	3.51M	2.31M	3.3M	1.42M	3.12M
Imputed Operating Lease Depreciation	21.49M	18.69M	20.7M	8.58M	13.88M
Maintenance & Repair Expenses, Total	323M	322M	393M	257M	189M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Gross Property Plant And Equipment	90.84B	150B	137B	73.76B	56.41B
Accumulated Depreciation	-22M	-41M	-142M	-52M	-62M
Net Property Plant And Equipment	90.82B	150B	136B	73.7B	56.35B
Total Real Estate Assets	90.82B	150B	136B	73.7B	56.35B
Cash And Equivalents	13.61B	9.84B	4.43B	3.84B	2.49B
Accounts Receivable, Total	91M	234M	106M	100M	68M
Other Receivables	2.49B	2.21B	1.65B	811M	1.27B
Investment In Debt and Equity Securities	2.93B	4.58B	2.72B	1.25B	1.1B
Goodwill	6.32B	6.07B	5.28B	2.69B	1.26B
Other Current Assets, Total	151M	556M	679M	546M	670M
Trading Asset Securities, Total	-	-	-	-	-
Deferred Tax Assets Long-Term (Collected)	-	-	-	-	-
Other Long-Term Assets, Total	3.82B	21.01B	17.02B	25.16B	23.65B
Total Assets	120B	195B	168B	108B	86.86B
Liabilities
Current Portion of Long-Term Debt	3.19B	2.93B	7.17B	10.44B	7.58B
Current Portion of Leases	-	-	-	-	20M
Short-Term Borrowings	5.42B	11.17B	1.11B	-	-
Long-Term Debt	46.92B	73.92B	78.81B	51.66B	48.16B
Long-Term Leases	614M	639M	829M	393M	542M
Accounts Payable, Total	117M	181M	456M	121M	47M
Accrued Expenses, Total	769M	1.34B	1.13B	540M	571M
Current Income Taxes Payable	166M	418M	310M	99M	360M
Unearned Revenue, Current	620M	703M	814M	512M	292M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	2.08B	9.52B	4.77B	4.14B	561M
Deferred Tax Liability Non-Current	7.17B	10.43B	9.12B	2.73B	1.82B
Other Non Current Liabilities	1.02B	292M	519M	358M	323M
Total Liabilities	68.1B	112B	105B	70.98B	60.28B
Common Stock, Total	150M	165M	165M	165M	165M
Additional Paid In Capital	24.1B	26.37B	26.59B	26.62B	26.62B
Retained Earnings	13.24B	34.78B	17.42B	-7.97B	-13.12B
Comprehensive Income and Other	14.23B	17.59B	16.47B	15.86B	7.15B
Total Common Equity	51.72B	78.9B	60.64B	34.68B	20.81B
Minority Interest	412M	4.07B	2.69B	2.44B	5.77B
Total Equity	52.14B	82.97B	63.33B	37.13B	26.58B
Total Liabilities And Equity	120B	195B	168B	108B	86.86B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.51B	1.65B	1.65B	1.65B	1.6B
ECS Total Common Shares Outstanding	1.51B	1.65B	1.65B	1.65B	1.6B
Book Value / Share	24.27	37.45	27.24	11.49	8.06
Tangible Book Value	45.4B	72.83B	55.36B	31.99B	19.55B
Tangible Book Value Per Share	20.08	33.76	24.04	9.86	7.28
Total Debt	56.15B	88.66B	87.91B	62.49B	56.3B
Net Debt	42.54B	78.83B	83.48B	58.64B	53.81B
Debt Equivalent Oper. Leases	200M	168M	192M	80M	136M
Minority Interest, Total (Incl. Fin. Div)	412M	4.07B	2.69B	2.44B	5.77B
Equity Method Investments, Total	2.87B	16.37B	12.65B	17.88B	15.55B
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	44M	89M	179M	158M	193M
Full Time Employees	280	69	145	150	223
Part Time Employees	-	8	11	9	2
Accumulated Allowance for Doubtful Accounts (Supple)	17M	13M	29M	17M	20M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	9.01B	24.58B	-9.63B	-22.05B	-6.03B
Depreciation, Depletion & Amortization	2M	5M	10M	6M	19M
Total Depreciation, Depletion & Amortization	2M	5M	10M	6M	19M
Amortization of Deferred Charges, Total	-	-	-	-	-
Total Asset Writedown	-	-	-	20.64B	6.85B
(Income) Loss On Equity Investments - (CF)	-144M	-2.81B	2.17B	6.3B	1.61B
Change in Accounts Receivable	-1.72B	21M	164M	1.06B	-727M
Change in Other Net Operating Assets (Collected)	-7.51B	2.18B	-1.53B	-929M	-45M
Other Operating Activities	-6.64B	-19.36B	10.94B	2.42B	-1.9B
Net Cash From Discontinued Operations	-	-	-	-6.09B	-
Cash from Operations	-7B	4.62B	2.12B	1.35B	-226M
Acquisition of Real Estate Assets, Total	-14.02B	-55.93B	-5.25B	-2.98B	-1.16B
Sale of Real Estate Assets, Total	12.9B	20.24B	172M	-	-
Net Sale / Acquisition of Real Estate Assets	-1.12B	-35.69B	-5.08B	-2.98B	-1.16B
Cash Acquisitions	-84M	-	-9.37B	-1.63B	-1.76B
Divestitures	-	-	9.68B	12.68B	11.71B
Purchase / Sale of Intangible Assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-2.63B	-12.1B	4.41B	3.06B	-445M
Other Investing Activities, Total	45M	-170M	-728M	-998M	-
Cash from Investing	-3.78B	-47.96B	-1.09B	10.13B	8.34B
Long-Term Debt Issued, Total	36.84B	75.77B	62.04B	21.54B	8.24B
Total Debt Issued	36.84B	75.77B	62.04B	21.54B	8.24B
Long-Term Debt Repaid, Total	-34.88B	-43.54B	-59.71B	-38.88B	-14.64B
Total Debt Repaid	-34.88B	-43.54B	-59.71B	-38.88B	-14.64B
Issuance of Common Stock	11.09B	5.33B	-	-	-
Repurchase of Common Stock	-	-3.26B	-727M	-	-3.49B
Repurchase of Preferred Stock	-	-20M	-	-	-
Common Dividends Paid	-853M	-1.85B	-2.84B	-1.66B	-2.54B
Common & Preferred Stock Dividends Paid	-853M	-1.85B	-2.84B	-1.66B	-2.54B
Other Financing Activities, Total	-648M	7.12B	-5.2B	6.95B	2.94B
Cash from Financing	11.55B	39.55B	-6.44B	-12.05B	-9.49B
Foreign Exchange Rate Adjustments	-22M	27M	1M	-16M	14M
Miscellaneous Cash Flow Adjustments	-1M	-	-1M	-	-
Net Change in Cash	748M	-3.77B	-5.41B	-584M	-1.35B
Supplemental Items
Cash Interest Paid	958M	1.28B	1.06B	2.24B	1.43B
Cash Income Tax Paid (Refund)	165M	247M	294M	856M	364M
Net Debt Issued / Repaid	1.96B	32.23B	2.33B	-17.34B	-6.4B
Levered Free Cash Flow	-6.95B	11.4B	-2.21B	-479M	-4.09B
Unlevered Free Cash Flow	-6.35B	11.97B	-1.34B	285M	-3.27B
Change In Net Working Capital	8.46B	-7.9B	4.12B	1.1B	4.13B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.88	2.6	1.52	1.05	0.91
Return on Total Capital	2.15	2.93	1.71	1.16	0.97
Return On Equity %	21.88	38	-13.41	-37.48	-19.4
Return on Common Equity	21.52	36.99	-14.51	-41.62	-23.15
Margin Analysis
Gross Profit Margin %	68.81	78.47	65.54	70.03	69.34
SG&A Margin	4.73	3.56	6.14	19.38	28.88
EBITDA Margin %	64.12	74.97	59.54	50.77	38.59
EBITA Margin %	64.08	74.91	59.41	50.64	38.08
EBIT Margin %	64.08	74.91	59.41	50.64	38.08
Income From Continuing Operations Margin %	172.54	292.78	-131.74	-410.98	-165.94
Net Income Margin %	171.15	281.14	-129.37	-481.42	-162.7
Net Avail. For Common Margin %	164.84	275.47	-135.95	-433.07	-172.33
Normalized Net Income Margin	28.52	48.61	-43.78	-113.52	-21
Levered Free Cash Flow Margin	-132.03	130.41	-29.62	-10.45	-110.18
Unlevered Free Cash Flow Margin	-120.67	136.9	-18.03	6.22	-88.2
Asset Turnover
Asset Turnover	0.05	0.06	0.04	0.03	0.04
Fixed Assets Turnover	0.06	0.07	0.05	0.04	0.06
Receivables Turnover (Average Receivables)	71.12	34.38	43.81	44.48	44.14
Short Term Liquidity
Current Ratio	1.32	0.49	0.44	0.33	0.48
Quick Ratio	1.31	0.47	0.39	0.3	0.41
Operating Cash Flow to Current Liabilities	-0.57	0.18	0.13	0.09	-0.02
Days Sales Outstanding (Average Receivables)	5.15	10.62	8.33	8.21	8.29
Average Days Payable Outstanding	27.64	28.88	45.3	76.69	27.04
Long Term Solvency
Total Debt/Equity	107.69	106.86	138.81	168.29	211.77
Total Debt / Total Capital	51.85	51.66	58.13	62.73	67.92
LT Debt/Equity	91.18	89.87	125.74	140.18	183.2
Long-Term Debt / Total Capital	43.9	43.44	52.65	52.25	58.76
Total Liabilities / Total Assets	56.64	57.35	62.38	65.66	69.39
EBIT / Interest Expense	3.53	7.21	3.21	1.9	1.08
EBITDA / Interest Expense	3.53	7.22	3.21	1.9	1.1
(EBITDA - Capex) / Interest Expense	3.52	7.19	3.21	1.84	1.06
Total Debt / EBITDA	16.63	13.53	19.83	26.86	39.34
Net Debt / EBITDA	12.6	12.03	18.83	25.21	37.6
Total Debt / (EBITDA - Capex)	16.65	13.59	19.83	27.76	40.59
Net Debt / (EBITDA - Capex)	12.61	12.08	18.83	26.05	38.79
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	152.16	66.08	25.58	-14.61	-19.06
Gross Profit, 1 Yr. Growth %	166.99	89.37	20.61	-11.26	-19.86
EBITDA, 1 Yr. Growth %	177.4	94.16	18.52	-16.84	-38.48
EBITA, 1 Yr. Growth %	177.92	94.13	18.42	-16.76	-39.14
EBIT, 1 Yr. Growth %	177.92	94.13	18.42	-16.76	-39.14
Earnings From Cont. Operations, 1 Yr. Growth %	246.19	195.21	-138.32	81.71	-66.51
Net Income, 1 Yr. Growth %	244.06	185.92	-139.19	128.92	-72.99
Diluted EPS Before Extra, 1 Yr. Growth %	111.9	171.6	-140.65	85.81	-66.57
Normalized Net Income, 1 Yr. Growth %	134.59	188.07	-176.74	30.36	-84.15
Net Property, Plant and Equip., 1 Yr. Growth %	13.51	65.18	-9.03	-46	-23.55
Accounts Receivable, 1 Yr. Growth %	71.7	110.81	-54.7	-5.66	-32
Total Assets, 1 Yr. Growth %	15.38	61.79	-13.44	-35.79	-19.44
Common Equity, 1 Yr. Growth %	78.76	53.67	-23.14	-42.81	-39.5
Tangible Book Value, 1 Yr. Growth %	104.09	61.76	-23.99	-42.21	-38.35
Cash From Operations, 1 Yr. Growth %	-174.07	-168.31	-54.03	-36.32	-116.74
Capital Expenditures, 1 Yr. Growth %	-84.21	933.33	-	-	-41.33
Levered Free Cash Flow, 1 Yr. Growth %	-165.53	-269.86	-122.49	-83.66	755.15
Unlevered Free Cash Flow, 1 Yr. Growth %	-158.36	-295.75	-113.11	-112.04	-1.24K
Dividend Per Share, 1 Yr. Growth %	66.67	32	9.09	-16.67	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	76.35	104.64	18.93	-12.11	-16.86
Gross Profit, 2 Yr. CAGR %	82.82	124.86	16.07	-10.97	-15.67
EBITDA, 2 Yr. CAGR %	85.23	132.08	14.6	-21.15	-28.47
EBITA, 2 Yr. CAGR %	85.36	132.28	14.51	-21.2	-28.82
EBIT, 2 Yr. CAGR %	85.36	132.28	14.51	-21.2	-28.82
Earnings From Cont. Operations, 2 Yr. CAGR %	131.84	212.35	6.36	-14.24	-22.94
Net Income, 2 Yr. CAGR %	130.91	206.37	5.85	-5.28	-20.87
Diluted EPS Before Extra, 2 Yr. CAGR %	64.96	127.44	5.08	-10.76	-22.1
Normalized Net Income, 2 Yr. CAGR %	129.52	157.7	48.66	10.63	-55.82
Net Property, Plant and Equip., 2 Yr. CAGR %	89.66	36.93	22.59	-29.91	-35.75
Accounts Receivable, 2 Yr. CAGR %	74.16	110.12	-2.28	-34.63	-19.91
Total Assets, 2 Yr. CAGR %	108.56	36.63	18.34	-25.45	-28.17
Common Equity, 2 Yr. CAGR %	118.09	65.13	8.68	-33.7	-41.42
Tangible Book Value, 2 Yr. CAGR %	104.56	80.93	10.88	-33.72	-40.58
Cash From Operations, 2 Yr. CAGR %	561.49	-30.09	-44.01	-45.9	-67.35
Capital Expenditures, 2 Yr. CAGR %	-	27.73	-	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	189.6	3.68	-42.68	-77.9	18.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	250.36	4.87	-53.14	-83.32	17.57
Dividend Per Share, 2 Yr. CAGR %	100	48.32	20	-4.65	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	57.85	72.86	52.79	-4.53	-14.49
Gross Profit, 3 Yr. CAGR %	60.44	84.98	53.22	-3.97	-14.03
EBITDA, 3 Yr. CAGR %	61.36	88.16	53.88	-11.68	-27.41
EBITA, 3 Yr. CAGR %	61.47	88.24	53.89	-11.74	-27.7
EBIT, 3 Yr. CAGR %	61.47	88.24	53.89	-11.74	-27.7
Earnings From Cont. Operations, 3 Yr. CAGR %	55.22	147.43	55.21	29.49	-37.83
Net Income, 3 Yr. CAGR %	54.8	144.11	54.37	36.89	-37.39
Diluted EPS Before Extra, 3 Yr. CAGR %	18.54	87.99	28.12	29.33	-36.17
Normalized Net Income, 3 Yr. CAGR %	93.06	146.14	72.07	52.19	-43.2
Net Property, Plant and Equip., 3 Yr. CAGR %	58.03	81.12	19.49	-6.72	-27.85
Accounts Receivable, 3 Yr. CAGR %	51.31	98.32	25.99	-3.42	-33.76
Total Assets, 3 Yr. CAGR %	72.14	91.63	17.34	-3.48	-23.57
Common Equity, 3 Yr. CAGR %	94.41	93.59	27.97	-12.26	-35.87
Tangible Book Value, 3 Yr. CAGR %	86.15	88.63	35.51	-10.77	-35.5
Cash From Operations, 3 Yr. CAGR %	139.43	206.79	-39.24	-41.56	-63.41
Capital Expenditures, 3 Yr. CAGR %	-21.29	-	-	192.4	-
Levered Free Cash Flow, 3 Yr. CAGR %	177.41	139.62	-40.76	-58.53	-25.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	121.42	184.92	-50.22	-64.01	-31.65
Dividend Per Share, 3 Yr. CAGR %	115.44	74.13	33.89	6.27	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	108.06	40.95	22.03	12.17
Gross Profit, 5 Yr. CAGR %	-	128.76	40.96	24.23	13.63
EBITDA, 5 Yr. CAGR %	-	137.45	40.72	18.77	3.29
EBITA, 5 Yr. CAGR %	-	137.75	40.73	18.76	3.07
EBIT, 5 Yr. CAGR %	-	137.75	40.73	18.76	3.07
Earnings From Cont. Operations, 5 Yr. CAGR %	-	84.16	32.21	61.95	18.58
Net Income, 5 Yr. CAGR %	-	82.67	31.73	67.16	18.16
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	10.58	39.54	6.11
Normalized Net Income, 5 Yr. CAGR %	-	298.57	73.29	78.75	4
Net Property, Plant and Equip., 5 Yr. CAGR %	-	81.68	42.77	23.89	-6.77
Accounts Receivable, 5 Yr. CAGR %	-	89.63	32.18	27.23	5.11
Total Assets, 5 Yr. CAGR %	-	87.7	48.18	31.36	-3.57
Common Equity, 5 Yr. CAGR %	-	113.79	53.84	26.11	-6.38
Tangible Book Value, 5 Yr. CAGR %	-	110.4	51.06	24.14	-2.56
Cash From Operations, 5 Yr. CAGR %	-	48.37	32.97	53.19	-52.61
Capital Expenditures, 5 Yr. CAGR %	-	30.3	-	-	18.29
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	46.61	-10.4	-17.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	18.07	-11.25	-21.38
Dividend Per Share, 5 Yr. CAGR %	-	-	70.48	36.85	-