NIBE Industrier AB (publ) (NIBE-B.ST) Financial Statements
Price: $43
Market Cap: $86.95B
Avg Volume: 8.73M
Market Cap: $86.95B
Avg Volume: 8.73M
Country: SE
Industry: Construction
Sector: Industrials
Industry: Construction
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of NIBE Industrier AB (publ).
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.52B | $46.65B | $40.07B | $30.83B | $27.15B | $25.34B | $22.52B | $19.01B | $15.35B | $13.24B |
| Cost of Revenue | $29.55B | $31.03B | $27.46B | $20.63B | $18.17B | $17.04B | $15.05B | $12.45B | $9.82B | $8.46B |
| Gross Profit | $10.97B | $15.62B | $12.61B | $10.20B | $8.97B | $8.31B | $7.46B | $6.56B | $5.53B | $4.78B |
| Gross Profit Ratio | 27.08% | 33.50% | 31.47% | 33.10% | 33.06% | 32.78% | 33.14% | 34.53% | 36.04% | 36.11% |
| Research and Development Expenses | $- | $1.32B | $1.10B | $899.00M | $868.00M | $742.00M | $614.00M | $502.00M | $409.00M | $350.00M |
| General and Administrative Expenses | $3.55B | $3.46B | $2.65B | $2.02B | $1.90B | $1.76B | $1.45B | $1.24B | $1.04B | $838.00M |
| Selling and Marketing Expenses | $5.90B | $6.02B | $4.92B | $4.21B | $3.92B | $3.77B | $3.43B | $3.14B | $2.66B | $2.37B |
| Selling General and Administrative Expenses | $9.45B | $9.47B | $7.57B | $6.23B | $5.81B | $5.52B | $4.88B | $4.38B | $3.71B | $3.21B |
| Other Expenses | $-1.15B | $-2.14B | $-181.00M | $-197.00M | $-126.00M | $-125.00M | $-135.00M | $55.00M | $50.00M | $45.00M |
| Operating Expenses | $8.30B | $8.65B | $7.39B | $6.03B | $5.69B | $5.40B | $4.75B | $4.33B | $3.66B | $3.16B |
| Cost and Expenses | $37.85B | $39.68B | $34.85B | $26.66B | $23.86B | $22.43B | $19.80B | $16.77B | $13.47B | $11.62B |
| Interest Income | $- | $149.00M | $49.00M | $23.00M | $16.00M | $15.00M | $14.00M | $12.00M | $4.00M | $5.00M |
| Interest Expense | $- | $882.00M | $260.00M | $196.00M | $209.00M | $205.00M | $155.00M | $129.00M | $111.00M | $109.00M |
| Depreciation and Amortization | $- | $1.77B | $1.48B | $1.30B | $1.24B | $1.04B | $691.00M | $640.00M | $542.00M | $480.00M |
| EBITDA | $2.67B | $9.01B | $7.45B | $5.83B | $5.11B | $4.08B | $3.42B | $2.95B | $2.53B | $2.11B |
| EBITDA Ratio | 6.59% | 19.31% | 18.19% | 18.68% | 17.49% | 16.07% | 15.58% | 15.45% | 16.39% | 16.61% |
| Operating Income | $2.67B | $6.97B | $5.69B | $4.47B | $3.88B | $3.04B | $2.83B | $2.34B | $1.98B | $1.70B |
| Operating Income Ratio | 6.59% | 14.95% | 14.21% | 14.49% | 14.29% | 11.99% | 12.56% | 12.33% | 12.90% | 12.84% |
| Total Other Income Expenses Net | $-1.14B | $-642.00M | $-188.00M | $-150.00M | $-222.00M | $-202.00M | $-162.00M | $-162.00M | $-109.00M | $-86.00M |
| Income Before Tax | $1.54B | $6.33B | $5.67B | $4.32B | $3.66B | $2.84B | $2.67B | $2.18B | $1.87B | $1.61B |
| Income Before Tax Ratio | 3.79% | 13.57% | 14.16% | 14.00% | 13.48% | 11.19% | 11.84% | 11.48% | 12.19% | 12.19% |
| Income Tax Expense | $374.00M | $1.53B | $1.28B | $940.00M | $735.00M | $652.00M | $595.00M | $479.00M | $495.00M | $377.00M |
| Net Income | $1.17B | $4.79B | $4.35B | $3.32B | $2.87B | $2.17B | $2.07B | $1.70B | $1.38B | $1.24B |
| Net Income Ratio | 2.89% | 10.26% | 10.86% | 10.77% | 10.56% | 8.56% | 9.21% | 8.96% | 8.97% | 9.34% |
| EPS | $0.59 | $2.37 | $2.16 | $1.65 | $1.42 | $1.08 | $1.03 | $0.85 | $0.73 | $0.67 |
| EPS Diluted | $0.59 | $2.37 | $2.16 | $1.65 | $1.42 | $1.08 | $1.03 | $0.85 | $0.73 | $0.67 |
| Weighted Average Shares Outstanding | 1.99B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 1.88B | 1.85B |
| Weighted Average Shares Outstanding Diluted | 1.99B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 2.02B | 1.88B | 1.85B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $5.03B | $3.76B | $4.63B | $4.52B | $4.59B | $3.94B | $3.02B | $3.33B | $2.34B | $1.45B |
| Short Term Investments | $579.00M | $527.00M | $190.00M | $224.00M | $201.00M | $227.00M | $166.00M | $90.00M | $160.00M | $347.00M |
| Cash and Short Term Investments | $5.61B | $4.28B | $4.82B | $4.75B | $4.79B | $4.17B | $3.19B | $3.42B | $2.50B | $1.79B |
| Net Receivables | $- | $5.03B | $7.14B | $4.94B | $4.15B | $4.40B | $3.97B | $3.20B | $2.68B | $1.79B |
| Inventory | $10.64B | $13.23B | $10.19B | $6.58B | $4.43B | $4.40B | $4.11B | $3.25B | $2.80B | $2.12B |
| Other Current Assets | $7.18B | $1.66B | $1.30B | $866.00M | $762.00M | $902.00M | $655.00M | $492.00M | $374.00M | $274.00M |
| Total Current Assets | $23.43B | $24.20B | $22.15B | $16.27B | $13.37B | $12.97B | $11.26B | $9.87B | $8.10B | $5.81B |
| Property Plant Equipment Net | $13.21B | $11.57B | $8.27B | $6.13B | $5.35B | $4.96B | $3.41B | $3.04B | $2.82B | $2.12B |
| Goodwill | $- | $22.93B | $17.63B | $15.45B | $14.22B | $14.07B | $12.75B | $10.80B | $10.57B | $7.54B |
| Intangible Assets | $- | $8.09B | $4.94B | $4.91B | $4.74B | $4.63B | $4.28B | $3.95B | $4.14B | $2.67B |
| Goodwill and Intangible Assets | $32.24B | $31.01B | $22.57B | $20.36B | $18.96B | $18.70B | $17.03B | $14.74B | $14.72B | $10.21B |
| Long Term Investments | $945.00M | $777.00M | $60.00M | $-171.00M | $-162.00M | $-170.00M | $35.00M | $-60.00M | $-135.00M | $-331.00M |
| Tax Assets | $-945.00M | $547.00M | $348.00M | $389.00M | $441.00M | $350.00M | $276.00M | $258.00M | $322.00M | $428.00M |
| Other Non-Current Assets | $579.00M | $- | $593.00M | $411.00M | $376.00M | $409.00M | $278.00M | $133.00M | $202.00M | $370.00M |
| Total Non-Current Assets | $46.98B | $43.91B | $31.84B | $27.12B | $24.96B | $24.25B | $21.03B | $18.12B | $17.93B | $12.79B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $70.41B | $68.10B | $53.99B | $43.39B | $38.34B | $37.23B | $32.29B | $27.99B | $26.02B | $18.60B |
| Account Payables | $- | $3.29B | $4.04B | $2.82B | $2.00B | $1.82B | $1.65B | $1.47B | $1.14B | $835.00M |
| Short Term Debt | $7.09B | $5.85B | $4.96B | $2.81B | $4.36B | $3.00B | $1.65B | $1.99B | $2.65B | $-677.00M |
| Tax Payables | $- | $545.00M | $693.00M | $451.00M | $233.00M | $176.00M | $127.00M | $122.00M | $89.00M | $91.00M |
| Deferred Revenue | $- | $703.00M | $589.00M | $2.49B | $1.93B | $1.67B | $235.00M | $1.27B | $1.12B | $841.00M |
| Other Current Liabilities | $8.56B | $5.18B | $3.47B | $2.43B | $2.49B | $1.92B | $1.65B | $1.73B | $1.34B | $522.00M |
| Total Current Liabilities | $15.65B | $15.56B | $13.75B | $8.98B | $9.44B | $7.21B | $5.54B | $5.36B | $5.27B | $2.45B |
| Long Term Debt | $17.62B | $16.62B | $6.18B | $6.97B | $5.64B | $6.99B | $6.94B | $5.36B | $4.16B | $5.71B |
| Deferred Revenue Non-Current | $- | $- | $- | $1.62B | $1.62B | $1.51B | $-4.51B | $1.17B | $1.30B | $1.06B |
| Deferred Tax Liabilities Non-Current | $- | $2.36B | $1.48B | $1.39B | $1.30B | $1.23B | $1.09B | $965.00M | $1.06B | $849.00M |
| Other Non-Current Liabilities | $4.99B | $3.35B | $4.61B | $2.78B | $2.60B | $2.69B | $3.29B | $1.15B | $802.00M | $34.00M |
| Total Non-Current Liabilities | $22.61B | $22.33B | $12.27B | $12.76B | $11.16B | $12.41B | $11.33B | $9.82B | $8.62B | $8.72B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $38.27B | $37.90B | $26.02B | $21.74B | $20.60B | $19.62B | $16.87B | $15.18B | $13.89B | $11.18B |
| Preferred Stock | $- | $- | $- | $- | $254.00M | $- | $- | $- | $- | $- |
| Common Stock | $- | $79.00M | $79.00M | $79.00M | $79.00M | $79.00M | $79.00M | $79.00M | $79.00M | $69.00M |
| Retained Earnings | $- | $22.69B | $19.29B | $15.59B | $12.95B | $10.77B | $9.41B | $7.83B | $6.54B | $5.70B |
| Accumulated Other Comprehensive Income Loss | $- | $2.57B | $3.75B | $954.00M | $-254.00M | $1.84B | $1.10B | $80.00M | $693.00M | $1.89B |
| Other Total Stockholders Equity | $32.09B | $4.82B | $4.82B | $4.82B | $4.82B | $4.82B | $4.82B | $4.82B | $4.82B | $1.82B |
| Total Stockholders Equity | $32.09B | $30.16B | $27.93B | $21.44B | $17.59B | $17.51B | $15.41B | $12.81B | $12.13B | $7.43B |
| Total Equity | $32.09B | $30.21B | $27.97B | $21.66B | $17.74B | $17.60B | $15.42B | $12.81B | $12.13B | $7.43B |
| Total Liabilities and Stockholders Equity | $70.36B | $68.10B | $53.99B | $43.39B | $38.34B | $37.23B | $32.29B | $27.99B | $26.02B | $18.60B |
| Minority Interest | $- | $47.00M | $38.00M | $219.00M | $149.00M | $95.00M | $15.00M | $- | $- | $- |
| Total Liabilities and Total Equity | $70.36B | $68.10B | $53.99B | $43.39B | $38.34B | $37.23B | $32.29B | $27.99B | $26.02B | $18.60B |
| Total Investments | $1.52B | $1.30B | $250.00M | $53.00M | $39.00M | $57.00M | $201.00M | $30.00M | $25.00M | $16.00M |
| Total Debt | $24.71B | $22.47B | $11.14B | $9.78B | $10.00B | $9.99B | $8.82B | $8.55B | $8.13B | $6.94B |
| Net Debt | $19.68B | $18.71B | $6.52B | $5.26B | $5.41B | $6.04B | $5.80B | $5.21B | $5.79B | $5.49B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $4.79B | $5.86B | $4.47B | $3.88B | $3.04B | $2.83B | $2.34B | $1.98B | $1.70B |
| Depreciation and Amortization | $- | $1.82B | $1.60B | $1.30B | $1.24B | $1.04B | $691.00M | $641.00M | $548.00M | $480.00M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $180.00M | $-2.64B | $-3.19B | $-1.49B | $900.00M | $-490.00M | $-764.00M | $-184.00M | $-274.00M | $222.00M |
| Accounts Receivables | $- | $-397.00M | $-1.26B | $-567.00M | $555.00M | $-284.00M | $-285.00M | $-193.00M | $-45.00M | $-45.00M |
| Inventory | $- | $-2.46B | $-2.86B | $-1.91B | $-136.00M | $-49.00M | $-534.00M | $-320.00M | $-145.00M | $-9.00M |
| Accounts Payables | $- | $219.00M | $933.00M | $994.00M | $481.00M | $-157.00M | $55.00M | $329.00M | $-84.00M | $- |
| Other Working Capital | $180.00M | $- | $933.00M | $994.00M | $481.00M | $-157.00M | $-230.00M | $136.00M | $-129.00M | $231.00M |
| Other Non Cash Items | $3.83B | $-136.00M | $-1.66B | $-1.02B | $-996.00M | $-626.00M | $-868.00M | $-678.00M | $-483.00M | $-463.00M |
| Net Cash Provided by Operating Activities | $4.01B | $3.83B | $2.61B | $3.26B | $5.02B | $2.96B | $1.89B | $2.12B | $1.77B | $1.94B |
| Investments in Property Plant and Equipment | $- | $-3.27B | $-2.24B | $-1.32B | $-1.14B | $-1.00B | $-717.00M | $-561.00M | $-442.00M | $-388.00M |
| Acquisitions Net | $- | $-8.75B | $-713.00M | $-768.00M | $-1.79B | $-569.00M | $-1.00B | $-822.00M | $-4.36B | $-171.00M |
| Purchases of Investments | $- | $- | $-155.00M | $-48.00M | $-2.00M | $-65.00M | $-73.00M | $- | $- | $-171.00M |
| Sales Maturities of Investments | $- | $- | $155.00M | $48.00M | $2.00M | $65.00M | $- | $- | $- | $- |
| Other Investing Activities | $-2.85B | $-582.00M | $176.00M | $82.00M | $26.00M | $-51.00M | $-60.00M | $25.00M | $30.00M | $4.00M |
| Net Cash Used for Investing Activities | $-2.85B | $-12.60B | $-2.78B | $-2.01B | $-2.90B | $-1.62B | $-1.78B | $-1.36B | $-4.77B | $-555.00M |
| Debt Repayment | $- | $10.16B | $858.00M | $-718.00M | $-485.00M | $438.00M | $30.00M | $703.00M | $990.00M | $-3.04B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $3.01B | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $-1.31B | $-1.01B | $-781.00M | $-706.00M | $-655.00M | $-530.00M | $-444.00M | $-369.00M | $-298.00M |
| Other Financing Activities | $-64.00M | $-498.00M | $-1.00M | $-3.00M | $-1.00M | $-222.00M | $- | $- | $- | $1.74B |
| Net Cash Used Provided by Financing Activities | $-64.00M | $8.35B | $-151.00M | $-1.50B | $-1.19B | $-439.00M | $-500.00M | $259.00M | $3.63B | $-1.60B |
| Effect of Forex Changes on Cash | $226.00M | $-112.00M | $386.00M | $202.00M | $-307.00M | $86.00M | $157.00M | $-104.00M | $76.00M | $30.00M |
| Net Change in Cash | $- | $-534.00M | $71.00M | $-48.00M | $623.00M | $982.00M | $-233.00M | $920.00M | $707.00M | $-186.00M |
| Cash at End of Period | $- | $4.28B | $4.82B | $4.75B | $4.79B | $4.17B | $3.19B | $3.42B | $2.50B | $1.79B |
| Cash at Beginning of Period | $- | $4.82B | $4.75B | $4.79B | $4.17B | $3.19B | $3.42B | $2.50B | $1.79B | $1.98B |
| Operating Cash Flow | $4.01B | $3.83B | $2.61B | $3.26B | $5.02B | $2.96B | $1.89B | $2.12B | $1.77B | $1.94B |
| Capital Expenditure | $- | $-3.27B | $-2.24B | $-1.32B | $-1.14B | $-1.00B | $-717.00M | $-561.00M | $-442.00M | $-388.00M |
| Free Cash Flow | $4.01B | $110.00M | $373.00M | $1.94B | $3.89B | $1.96B | $1.17B | $1.56B | $1.33B | $1.55B |