Instalco in numbers

Amounts in SEK million 2020 2019 2018 2017 2016 2015
Sales measures            
Net sales 7,122 5,692 4,414 3,114 2,407 1,369
Net sales growth 25,1% 28.9% 41.8% 29.4% 75.8% 171.3%
Organic net sales growth 5,6% 4.0% 6.6% -1.7% 22.0% 26.6%
Acquired net sales growth 21,3% 24.5% 33.7% 30.7% 53.8% 144.7%
Exchange rate movements 101 -22 1.5% 0.3% - -
             
Income measures            
EBIT 604 492 331 244 140 49
EBITA 605 493 331 244 140 49
EBITDA 739 587 340 250 144 51
Adjusted EBITA 625 500 372 264 156 86
Adjusted EBITDA 759 594 381 270 160 88
             
Margin measures            
EBIT margin 8,5% 8.6% 7,5% 7.8% 5.8% 3.6%
EBITA margin 8,5% 8.7% 7,5% 7.8% 5.8% 3.6%
EBITDA margin 10,4% 10.3% 7,7% 8.0% 6.0% 3.7%
Adjusted EBITA margin 8,8% 8.8% 8,4% 8.5% 6.5% 6.3%
Adjusted EBITDA margin 10,7% 10.4% 8,6% 8.7% 6.7% 6.4%
             
Cash flow and return measures            
Operating cash flow 829 613 382 228 289 -13
Cash conversion 109,3% 103.2% 100,1% 84.5% 179.8% -14.5%
Return in Equity 26,5% 29.0% 26,7% 25.4% 22.0% 10.3%
             
Capital structure            
Working capital -176 -22 33 -1 -17 100
Working capital/Net sales -2,5 -0.4 0.8 0.0 -0.7 7.3%
Interest-bearing net debt 912 872 520 446 241 332
Net debt/Equity ratio 46,5% 58.8% 48,6% 56.2% 43.4% 124.5%
             
Other            
Order backlog 6,625 4,865 4,063 3,194 1,999 1,318
Number of local units at end of period 114 80 62 46 29 15
Average number of employees 3,340 2,630 2,065 1,539 1,240 870
Number of employees at end of period 3,856 3,103 2,283 1,844 1,295 925