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Skanska Group

Skanska's Cash & Cash Equivalents remain unchanged yoy at SEK mil in 4Q2014

By Helgi Library - October 12, 2020

Skanska Group's total assets reached SEK 92,774 mil at the end of 4Q2014, up 5.75% compared to the previous year. ...

Skanska's Cash & Cash Equivalents remain unchanged yoy at SEK mil in 4Q2014

By Helgi Library - October 12, 2020

Skanska Group's total assets reached SEK 92,774 mil at the end of 4Q2014, up 5.75% compared to the previous year. ...

Skanska's Cash & Cash Equivalents rose 24.7% yoy to SEK 9,107 mil in 2014

By Helgi Library - April 2, 2020

Skanska Group's total assets reached SEK 92,774 mil at the end of 2014, up 5.75% compared to the previous year. Cu...

Profit Statement 2012 2013 2014
Sales SEK mil 129,350 136,589 143,325
Gross Profit SEK mil 11,560 12,428 13,110
EBIT SEK mil 4,018 5,560 5,409
Financing Cost SEK mil 234 241 280
Pre-Tax Profit SEK mil 3,784 5,319 5,129
Net Profit SEK mil 2,854 3,765 3,843
Dividends SEK mil 2,500 2,500 2,600
Balance Sheet 2012 2013 2014
Total Assets SEK mil 88,235 87,731 92,774
Non-Current Assets SEK mil 18,520 18,329 18,007
Current Assets SEK mil 69,715 69,402 74,767
Working Capital SEK mil -6,442 -6,823 -6,191
Shareholders' Equity SEK mil 19,353 21,364 21,405
Liabilities SEK mil 68,882 66,367 71,369
Total Debt SEK mil 26,863 25,687 25,743
Net Debt SEK mil 21,093 18,384 16,636
Ratios 2012 2013 2014
ROE % 14.7 18.5 18.0
ROCE % 22.2 31.9 33.0
Gross Margin % 8.94 9.10 9.15
EBIT Margin % 3.11 4.07 3.77
Net Margin % 2.21 2.76 2.68
Net Debt/Equity 1.09 0.861 0.777
Cost of Financing % 0.925 0.917 1.09
Valuation 2012 2013 2014
Market Capitalisation USD mil 6,724 8,411 8,841
Enterprise Value (EV) USD mil 9,967 11,272 10,974
Number Of Shares mil 412 411 411
Share Price CZK 106 131 168
EV/Sales 0.522 0.538 0.545
Price/Earnings (P/E) 15.3 14.4 17.9
Price/Book Value (P/BV) 2.26 2.53 3.22
Dividend Yield % 5.72 4.63 3.77

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summary Unit 2009 2010 2011 2012 2013 2014 2015
income statement              
Sales SEK mil 139,124 122,224 118,734 129,350 136,589   ...
Gross Profit SEK mil 13,707 12,450 11,325 11,560 12,428   ...
EBIT SEK mil 6,034 5,458 8,413 4,018 5,560   ...
Net Profit SEK mil 4,215 4,022 7,588 2,854 3,765   ...
ROE % 20.9 19.6 37.6 14.7 18.5   ...
EBIT Margin % 4.34 4.47 7.09 3.11 4.07   ...
Net Margin % 3.03 3.29 6.39 2.21 2.76   ...
balance sheet              
Total Assets SEK mil 83,765 77,712 82,770 88,235 87,731   ...
Non-Current Assets SEK mil 16,012 15,546 18,494 18,520 18,329   ...
Current Assets SEK mil 67,753 61,058 64,276 69,715 69,402   ...
Shareholders' Equity SEK mil 20,167 20,793 19,584 19,353 21,364   ...
Liabilities SEK mil 63,598 56,919 63,186 68,882 66,367   ...
Non-Current Liabilities SEK mil 5,718 3,989 6,036 9,497 10,971   ...
Current Liabilities SEK mil 57,879 52,931 57,150 59,385 55,396   ...
Net Debt/Equity 0.650 0.682 0.940 1.09 0.861   ...
Cost of Financing % ... 0.161 -0.054 0.925 0.917   ...
cash flow              
Total Cash From Operations SEK mil 7,585 6,238 245 -91.0 6,252   ...
Total Cash From Investing SEK mil -3,131 -3,850 918 -1,193 -1,447   ...
Total Cash From Financing SEK mil -2,756 -4,889 -2,438 1,872 -3,238   ...
Net Change In Cash SEK mil 1,698 -2,501 -1,275 588 1,567   ...
valuation              
Market Capitalisation USD mil 7,014 8,151 6,819 6,724 8,411   ...
Number Of Shares mil 413 411 412 412 411   ...
Share Price CZK 122 133 114 106 131   ...
Earnings Per Share (EPS) SEK 10.2 9.78 18.4 6.93 9.15   ...
Book Value Per Share SEK 48.9 50.6 47.6 47.0 51.9   ...
Dividend Per Share SEK ... ... 11.9 6.07 6.08   ...
Price/Earnings (P/E) 11.9 13.6 6.18 15.3 14.4   ...
Price/Book Value (P/BV) 2.49 2.64 2.40 2.26 2.53   ...
Dividend Yield % ... ... 10.4 5.72 4.63   ...
Earnings Per Share Growth % ... -4.21 88.5 -62.4 32.1   ...
Book Value Per Share Growth % ... 3.51 -5.91 -1.23 10.5   ...
income statement Unit 2009 2010 2011 2012 2013 2014 2015
income statement              
Sales SEK mil 139,124 122,224 118,734 129,350 136,589   ...
Cost of Goods & Services SEK mil 125,417 109,774 107,409 117,790 124,161   ...
Gross Profit SEK mil 13,707 12,450 11,325 11,560 12,428   ...
Other Cost SEK mil 7,673 6,992 2,911 7,543 6,868   ...
EBIT SEK mil 6,034 5,458 8,413 4,018 5,560   ...
Financing Cost SEK mil 234 35.0 -12.0 234 241   ...
Extraordinary Cost SEK mil 0 0 0 0 0   ...
Pre-Tax Profit SEK mil 5,800 5,423 8,425 3,784 5,319   ...
Tax SEK mil 1,579 1,394 830 923 1,551   ...
Minorities SEK mil 5.00 6.00 6.00 8.00 3.00   ...
Net Profit SEK mil 4,215 4,022 7,588 2,854 3,765   ...
Dividends SEK mil ... ... 4,900 2,500 2,500   ...
growth rates              
Total Revenue Growth % ... -12.1 -2.86 8.94 5.60   ...
Operating Cost Growth % ... -8.88 -58.4 159 -8.95    
EBIT Growth % ... -9.55 54.1 -52.2 38.4   ...
Pre-Tax Profit Growth % ... -6.50 55.4 -55.1 40.6   ...
Net Profit Growth % ... -4.58 88.7 -62.4 31.9   ...
ratios              
ROE % 20.9 19.6 37.6 14.7 18.5   ...
ROCE % ... 40.1 62.7 22.2 31.9   ...
Gross Margin % 9.85 10.2 9.54 8.94 9.10   ...
EBIT Margin % 4.34 4.47 7.09 3.11 4.07   ...
Net Margin % 3.03 3.29 6.39 2.21 2.76   ...
Payout Ratio % ... ... 64.6 87.6 66.4   ...
Cost of Financing % ... 0.161 -0.054 0.925 0.917   ...
balance sheet Unit 2009 2010 2011 2012 2013 2014 2015
balance sheet              
Non-Current Assets SEK mil 16,012 15,546 18,494 18,520 18,329   ...
Property, Plant & Equipment SEK mil 6,303 5,906 7,018 7,938 7,449   ...
Intangible Assets SEK mil 4,572 4,271 5,171 5,068 5,195   ...
Goodwill SEK mil 4,363 3,917 5,012 4,882 4,849   ...
Current Assets SEK mil 67,753 61,058 64,276 69,715 69,402   ...
Inventories SEK mil 835 926 1,014 1,079 944   ...
Receivables SEK mil 23,795 21,304 22,638 23,565 22,227   ...
Cash & Cash Equivalents SEK mil 9,409 6,654 5,307 5,770 7,303   ...
Total Assets SEK mil 83,765 77,712 82,770 88,235 87,731   ...
Shareholders' Equity SEK mil 20,167 20,793 19,584 19,353 21,364   ...
Of Which Minority Interest SEK mil 170 122 170 166 187   ...
Liabilities SEK mil 63,598 56,919 63,186 68,882 66,367   ...
Non-Current Liabilities SEK mil 5,718 3,989 6,036 9,497 10,971   ...
Long-Term Debt SEK mil 1,913 1,107 1,332 4,820 6,556   ...
Deferred Tax Liabilities SEK mil 1,535 1,637 928 572 1,002   ...
Current Liabilities SEK mil 57,879 52,931 57,150 59,385 55,396   ...
Short-Term Debt SEK mil 20,605 19,723 22,389 22,043 19,131   ...
Trade Payables SEK mil 31,198 27,168 28,568 31,086 29,994   ...
Provisions SEK mil 5,065 5,065 5,947 6,028 5,651   ...
Equity And Liabilities SEK mil 83,765 77,712 82,770 88,235 87,731   ...
growth rates              
Total Asset Growth % ... -7.23 6.51 6.60 -0.571   ...
Shareholders' Equity Growth % ... 3.10 -5.81 -1.18 10.4   ...
Net Debt Growth % ... 8.14 29.9 14.5 -12.8   ...
Total Debt Growth % ... -7.50 13.9 13.2 -4.38   ...
ratios              
Total Debt SEK mil 22,518 20,830 23,721 26,863 25,687   ...
Net Debt SEK mil 13,109 14,176 18,414 21,093 18,384   ...
Working Capital SEK mil -6,568 -4,938 -4,916 -6,442 -6,823   ...
Capital Employed SEK mil 9,444 10,608 13,578 12,078 11,506   ...
Net Debt/Equity 0.650 0.682 0.940 1.09 0.861   ...
Cost of Financing % ... 0.161 -0.054 0.925 0.917   ...
cash flow Unit 2009 2010 2011 2012 2013 2014 2015
cash flow              
Net Profit SEK mil 4,215 4,022 7,588 2,854 3,765   ...
Change in Working Capital SEK mil ... -1,630 -22.0 1,526 381   ...
Total Cash From Operations SEK mil 7,585 6,238 245 -91.0 6,252   ...
Total Cash From Investing SEK mil -3,131 -3,850 918 -1,193 -1,447   ...
Dividends Paid SEK mil ... ... -4,900 -2,500 -2,500   ...
Issuance Of Debt SEK mil ... -1,688 2,891 3,142 -1,176   ...
Total Cash From Financing SEK mil -2,756 -4,889 -2,438 1,872 -3,238   ...
Net Change In Cash SEK mil 1,698 -2,501 -1,275 588 1,567   ...
ratios              
Days Sales Outstanding days 62.4 63.6 69.6 66.5 59.4   ...
Days Sales Of Inventory days 2.43 3.08 3.45 3.34 2.78   ...
Days Payable Outstanding days 90.8 90.3 97.1 96.3 88.2   ...
Cash Conversion Cycle days -25.9 -23.6 -24.0 -26.5 -26.0   ...
Free Cash Flow SEK mil 4,454 2,388 1,163 -1,284 4,805   ...
Free Cash Flow Yield % 8.30 4.07 2.63 -2.82 8.76   ...
other data Unit 2009 2010 2011 2012 2013 2014 2015
other data              
ROA % 5.03 4.98 9.46 3.34 4.28   ...
Gross Margin % 9.85 10.2 9.54 8.94 9.10   ...
Effective Tax Rate % 27.2 25.7 9.85 24.4 29.2   ...
Enterprise Value (EV) USD mil 8,846 10,259 9,495 9,967 11,272   ...
EV/Capital Employed 6.70 6.50 4.81 5.37 6.29   ...
EV/Sales 0.486 0.605 0.519 0.522 0.538   ...
EV/EBIT 11.2 13.5 7.33 16.8 13.2   ...
Revenues From Abroad SEK mil 87,383 71,861 67,271 74,333 69,074   ...
Revenues From Abroad (As % Of Total) % 62.8 58.8 56.7 57.5 50.6   ...
Sales from Construction SEK mil 130,388 113,213 114,972 124,509 119,092   ...
Sales from Construction in Nordic Countries SEK mil 43,005 41,352 47,701 50,176 50,018   ...
Sales from Construction in Other European Countries SEK mil 37,517 31,854 29,730 26,978 25,305   ...
Sales from Construction in the Americas SEK mil 49,866 40,007 37,541 47,355 43,769   ...
Sales from Residential Development SEK mil 6,544 7,581 8,550 8,682 9,234   ...
Sales from Commercial Development SEK mil 4,546 4,648 5,633 6,742 6,206   ...
Sales from Infrastructure Development SEK mil 151 319 286 242 87.0   ...
EBIT from Construction SEK mil 4,870 4,389 3,467 3,474 3,880   ...
EBIT from Construction in Nordic Countries SEK mil 1,657 1,328 605 1,447 1,743   ...
EBIT from Construction Other European Countries SEK mil 1,326 1,415 1,412 997 479   ...
EBIT from Construction in the Americas SEK mil 1,887 1,646 1,450 1,030 1,557   ...
EBIT from Residential Development SEK mil -16.0 559 345 -114 573   ...
EBIT from Commercial Development SEK mil 780 920 1,196 1,448 1,068   ...
EBIT from Infrastructure Development SEK mil 188 297 4,726 588 401   ...

Get all company financials in excel:

Download Sample   $19.99

Skanska's Cash & Cash Equivalents rose 24.7% yoy to SEK 9,107 mil in 2014

By Helgi Library - April 2, 2020

Skanska Group's total assets reached SEK 92,774 mil at the end of 2014, up 5.75% compared to the previous year. Current assets amounted to SEK 74,767 mil, or 80.6% of total assets while cash stood at SEK 9,107 mil at the end of 2014. ...

More News

Skanska AB is a Sweden-based construction and project development company. The Company’s operations are divided into four operating segments: Construction, which includes both building construction and civil construction; Residential Development, which develops residential projects for immediate sale; Commercial Property Development, which initiates, develops, leases and divests commercial property projects, and Infrastructure Development, which specializes in identifying, developing and investing in privately financed infrastructure projects, such as highways, hospitals and power generating plants. Skanska AB has operations in the Nordic countries, Poland, the Czech Republic, Hungary and the United States, among others.

Finance

Skanska Group has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2015, or of sales. That’s compared to % average margin seen in last five years.

The company netted in 2015 implying ROE of and ROCE of . Again, the average figures were 22.2% and 37.5%, respectively when looking at the previous 5 years.

Skanska Group’s net debt amounted to at the end of 2015, or of equity. When compared to EBITDA, net debt was x, up when compared to average of x seen in the last 5 years.

Valuation

Skanska Group stock traded at per share at the end of 2015 resulting in a market capitalization of . Over the previous five years, stock price grew by 0% or % a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of x and price to earnings (PE) of x as of 2015.