RECONCILIATION TABLES FOR ALTERNATIVE PERFORMANCE MEASUREMENTS |
The alternative performance measurements below have been used in HANZA's interim reports |
Gross margin |
The measurement is considered relavant to give a picture of HANZA's contribution to the operations after material costs. |
Isolated quarters | Jan-Mar |
2026 | |
+ Net sales, SEK millions | 2,646 |
- Change in inventories in production, finished goods and work in progress on behalf of others, SEK millions | 27 |
- Raw materials and consumables, SEK millions | -1,505 |
= Gross profit, SEK millions | 1,168 |
/ Net sales, SEK millions | 2,646 |
= Gross margin, % | 44.1% |
Accumulated values | Jan-Mar |
2026 | |
+ Net sales, SEK millions | 2,646 |
- Change in inventories in production, finished goods and work in progress on behalf of others, SEK millions | 27 |
- Raw materials and consumables, SEK millions | -1505 |
= Gross profit, SEK millions | 1,168 |
/ Net sales, SEK millions | 2,646 |
= Gross margin, % | 44.1% |
EBITDA and EBITDA margin |
The measurements are considered relavant to give a picture of HANZA's operational profitability before depreciations, amortizations and write-downs. |
Isolated quarters | Jan-Mar |
2026 | |
+ Operating profit (EBIT), SEK millions | 194 |
+ Depreciations, amortizations and write-downs, SEK millions | 117 |
= EBITDA, SEK millions | 311 |
/ Net sales, SEK millions | 2,646 |
= EBITDA margin, % | 11.8% |
Accumulated values | Jan-Mar |
2026 | |
+ Operating profit (EBIT), SEK millions | 194 |
+ Depreciations, amortizations and write-downs, SEK millions | 117 |
= EBITDA, SEK millions | 311 |
/ Net sales, SEK millions | 2,646 |
= EBITDA margin, % | 11.8% |
The measurements are considered relavant to give a picture of HANZA's operational profitability before amortizations and write-downs of intangible assets, which primarily are intangible assets identified in acquisition analysis .
Isolated quarters | Jan-Mar |
2026 | |
+ Operating profit (EBIT), SEK millions | 194 |
+ Amortizations and write-downs of intangible assets, SEK millions | 26 |
= EBITA, SEK millions | 220 |
/ Net sales, SEK millions | 2,646 |
= EBITA-margin, % | 8.3% |
Accumulated values | Jan-Mar |
2026 | |
+ Operating profit (EBIT), SEK millions | 194 |
+ Amortizations and write-downs of intangible assets, SEK millions | 26 |
= EBITA, SEK millions | 220 |
/ Net sales, SEK millions | 2,646 |
= EBITA-margin, % | 8.3% |
Adjusted operating profit (EBITA excluding non comparable items) and adjusted profit margin |
The measurements are considered relavant to give a picture of HANZA's operational profitability |
Isolated quarters | Jan-mar |
2026 | |
+ Operating profit (EBITA), SEK millions | 220 |
+ Non comparable items, SEK millions | 7 |
= Adjusted EBITA, SEK millions | 227 |
= Adjusted operating profit margin, % | 8.6% |
Accumulated values | Jan-mar |
2026 | |
+ Operating profit (EBITA), SEK millions | 220 |
+ Non comparable items, SEK millions | 7 |
= Adjusted EBITA, SEK millions | 227 |
= Adjusted operating profit margin, % | 8.6% |
Operating profit from operational segments (Operational EBIT), EBITA and EBITA ma | ||
The measurements are considered relavant to give a picture of HANZA's long-term operational | ||
Isolated quarters | Jan-Mar | |
2026 | ||
+ | Operating profit (EBIT), SEK millions | 194 |
+ | Business development costs (Business development segments EBIT), SEK million | 8 |
= | Operating profit from operational segments (Operational EBIT), SEK millions | 202 |
+ | Amortizations and write-downs of intangible assets, SEK millions | 26 |
= Operational segmentens EBITA, SEK millions | 228 |
/ Net sales, SEK millions | 2,646 |
= Operational EBITA margin, % | 8.6% |
Accumulated values | Jan-Mar |
2026 | |
+ Operating profit (EBIT), SEK millions | 194 |
+ Business development costs (Business development segments EBIT), SEK million | 8 |
= Operating profit from operational segments (Operational EBIT), SEK millions | 202 |
+ Amortizations and write-downs of intangible assets, SEK millions | 26 |
= Operational segmentens EBITA, SEK millions | 228 |
/ Net sales, SEK millions | 2,646 |
= Operational EBITA margin, % | 8.6% |
Business development segment EBITA |
The measurement is considered relavant to show the size of HANZA costs that are not connected to the operations. |
Isolated quarters | Jan-Mar |
2026 | |
Business development segment EBITA (=Business development segment EBIT) | -8 |
Accumulated values | Jan-Mar |
2026 | |
Business development segment EBITA (=Business development segment EBIT) | -8 |
Operating capital, return on operating capital and capital turnover on operating capital |
The measurement are considered relavant to give a picture of capital used in the operations and return on that capital. |
Isolated quarters | Jan-Mar |
2026 | |
+ Balance sheet total, SEK millions | 9,156 |
- Cash and cash equivalents, SEK millions | -831 |
- Financial assets, SEK millions | |
- Non-interest-bearing liabilities, SEK millions | -2,105 |
= Operating capital, SEK millions | 6,220 |
+ | EBITA, SEK millions (se above) | 220 |
/ | Average operating capital, SEK millions | 4,867 |
= | Return on operating capital, % | 4.5% |
+ | Net sales, SEK millions | 2,646 |
/ | Average operating capital, SEK millions | 4,867 |
= | Capital turnover on operating capital, % | 0.5 |
Accumulated values | Jan-Mar |
2026 |
+ Balance sheet total, SEK millions | 9,156 |
- Cash and cash equivalents, SEK millions | -831 |
- Financial assets, SEK millions | |
- Non-interest-bearing liabilities, SEK millions | -2,123 |
= Operating capital, SEK millions | 6202 |
+ | EBITA, SEK millions (se above) | 220 |
/ | Average operating capital, SEK millions | 3,999 |
= | Return on operating capital, % | 5.5% |
+ | Net sales, SEK millions | 2,646 |
/ | Average operating capital, SEK millions | 3,999 |
= | Capital turnover on operating capital, full year meassurement % | 2.6 |
Return on capital employed |
The measurement is considered relevant to show profitability related to capital used in the operations. |
Isolated quarters | Jan-Mar |
2026 | |
+ Balance sheet total, SEK millions | 9,156 |
- Non-interest-bearing liabilities, SEK millions | -2,105 |
= Capital employed, SEK millions | 7,051 |
+ | Profit/loss before tax, SEK million | 147 |
+ | Finacial expenses, SEK million | 47 |
/ | Average capital employed, SEK millions | 5,527 |
= | Return on capital employed, % | 3.5% |
Accumulated values | Jan-Mar |
2026 | |
+ Balance sheet total, SEK millions | 9,156 |
- Non-interest-bearing liabilities, SEK millions | -2,105 |
= Capital employed, SEK millions | 7,051 |
+ | Profit/loss before tax, SEK million | 147 |
+ | Finacial expenses, SEK million | 47 |
/ | Average capital employed, SEK millions | 4,585 |
= | Return on capital employed full year measurement, % | 4.2% |
Net interest-bearing debt, net debt/equity ratio and net debt in relation to adjusted EBITDA |
The measurements are considered relavant to evaluate the financial risk and debt in relation to profitability in HANZA. |
Mar | |
2026 | |
+ Interest-bearing liabilities, SEK millions | 2,892 |
- Cash and cash equivalents, SEK millions | -831 |
- Lease liabilities related to buildings and premises | -656 |
= Net interest-bearing debt, SEK millions | 1,405 |
/ Shareholders equity, SEK millions | 4,141 |
= Net debt/equity ratio, times | 0.3 |
+ | Net interest-bearing debt, SEK millions | 1,405 |
/ | adjusted EBITDA, rolling 12 months | 776 |
Net debt in relation to EBITDA, times | 1.8 | |
Net interest-bearing debt in relation to adjusted EBITDA including acquired companies | ||
The measurements are considered relavant to evaluate the financial risk and debt in relation to | ||
Mar |
2026 |
+ Interest-bearing liabilities, SEK millions 1,405 |
+ | adjusted EBITDA, rolling 12 months | 776 |
+ | EBITDA acquired companies | 225 |
= | Adjusted EBITDA including acquired companies | 1,001 |
Net debt in relation to adjusted EBITDA including acquired companies, times | 1.4 |
Equity ratio | ||
The measurement is considered relavant to, over time, give a picture of the portion of the total capital used which comes from shareholders equity and external financing respectively. This makes it possible for investors to evaluate HANZA's long-term financial stability. | ||
Mar | ||
2026 | ||
+ | Shareholders equity, SEK millions | 4,141 |
/ | Balance sheet total, SEK millions | 9,156 |
= | Equity ratio, % | 45.2% |
Equity per share |
The measurement is considered relevant to show the net worth per share. |
Mar |
2026 |
+ Shareholders equity, SEK millions 4,141 - Paid but not yet registred equity, SEK millions |
/ Number of shares outstanding on the balance sheet date 62,798,063 |
= Equity per share, SEK million 65.G5 |
Adjusted calculated earnings per share after dilution, SEK |
The measurements are considered relavant to evaluate profit per share adjusted for non comparable |
Isolated quarters | Mar |
2026 | |
+ Profit/loss before tax, SEK millions | 128 |
+ Non comparable items, SEK millions | 4.67 |
/ Weighted average number of shares after dilution | 61,764,344 |
= Adjusted calculated earnings per share after dilution, SEK | 2.15 |
Accumulated values | Mar |
2026 | |
+ Profit/loss before tax, SEK millions | 128 |
+ Non comparable items, SEK millions | 4.67 |
/ Weighted average number of shares after dilution | 61,764,344 |
= / | 2.15 |
# Public