Anders Hedin Invest årsredovisning ENG 1
2015 IN BRIEF When summarising 2015, we can concl
ude that last year's investments have proved to be effective and we are continuing to expand. This positive development has allowed us to access new markets and the companies that make up Anders Hedin Invest have become stronger during the course of the year. • Start-up of the new dealership in Ängelholm. • New centre for commercial vehicles opened in Kista, Stockholm in recently acquired premises. • Acquisition of Techno Tire AB, which deals in tyres, wheel rims, and complete wheels via an e-commerce portal. • Start-up of KW Cars AB The company deals in the import and sales of vehicles from USA. • Acquisition of Dawa Däck AB, which is an independent tyre wholesaler and is licensed to sell Kumho, Nankang and Sonar products. • Hedin Bil will become the Renault and Dacia dealership for Halmstad. • Commencement of construction of a new dealership in Jönköping. • Increase in turnover of 26% to SEK 8,726 million (6,939). • Hedin Bil increased car sales by 26% to 40,918 units (32,480). • Profit after financial items rose by 60% to SEK 238 million (148). • Cash flow from current operations amounted to SEK 299 million (102). THE GROUP IN NUMBERS Amounts in TSEK Net turnover Profit after financial items Balance sheet total Return on equity % Equity/assets ratio % Average number of employees 2015 8,725,618 237,639 5,499,831 15 24 1,322 2014 6,938,710 148,081 4,540,870 11 26 1,250 2013 5,312,640 189,268 3,131,575 17 30 836 2012 5,077,087 72,507 3,077,571 8 26 853 2011 5,079,648 11,161 2,869,867 1 25 840 PERFORMANCE ANALYSIS – OPERATING PROFIT BEFORE TAX Amounts in MSEK Profit, excluding items affecting comparability Inventory depreciation Non-recurring capital gains Relocation costs Impairment of shares Structural costs Profit before tax 2015 251 -9 - -4 - - 238 2014 193 - - - - -45 148 2013 115 - 74 - - - 189 2012 73 - - - - - 73 2011 146 - - - -135 - 11 ANDERS HEDIN INVEST AB ANNUAL REPORT / 2015 5