Key ratios
Q3 2020 Q2 2020 Q1 2020 Q4 2019 Q3 2019 Q2 2019
Operating revenues (SEKm) 520.9 572.6 517.5 512.0 443.4 419.4
Operating revenues (EURm) 50.3 53.7 48.5 48.1 41.6 39.5
Operating profit (SEKm) 204.0 193.5 119.1 160.6 112.0 130.0
Operating margin (percent) 39.2 33.8 23.0 31.4 25.3 31.0
EBITDA margin (percent) 59.4 52.3 44.2 51.0 44.3 48.0
Revenue growth in SEK, Y-o-Y (percent) 17.5 36.5 23.8 10.0 -1.3 -4.1
Revenue growth in EUR, Y-o-Y (percent) 21.1 36.0 20.9 6.6 -3.6 -6.6
           
Revenue growth in SEK, Q-o-Q (percent) -9.0 10.6 1.1 15.5 5.7 0.3
Revenue growth in EUR, Q-o-Q (percent) -6.3 10.7 0.9 15.6 5.2 -1.6
Cash and cash equivalents (excl funds held for licensees, SEKm) 337.3 254.3 266.8 265.5 300.2 193.0
Funds held on behalf of licensees (SEKm) 130.4 107.3 82.9 51.1 118.1 97.8
Interest-bearing net debt 1,939.5 2,157.7 2,295.5 2,418.1 2,465.0 65.2
Equity/assets ratio (percent) 28.1 23.7 22.1 23.1 18.2 47.7
Return on equity, rolling 12 months 46.2 40.2 47.4 49.8 52.6 60.7
Net debt/equity ratio (multiple) 1.8 2.4 2.4 2.5 3.2 -0.3
Earnings per share (SEK) (1) 0.68 0.36 0.34 0.47 0.32 0.50
Book equity per share (SEK) (1) 4.40 3.74 3.93 4.00 3.19 2.68
Cash flow from operating activities per share (SEK) (1) 1.15 1.31 0.86 0.42 0.42 0.94
Average number of employees 886 895 883 858 746 730
             
             
             
(1) Adjusted for split 6:1 in May, 2016