Granges AB
STO:GRNG
Income Statement
Earnings Waterfall
Granges AB
Revenue
|
22B
SEK
|
Cost of Revenue
|
-14.2B
SEK
|
Gross Profit
|
7.8B
SEK
|
Operating Expenses
|
-6.3B
SEK
|
Operating Income
|
1.5B
SEK
|
Other Expenses
|
-498m
SEK
|
Net Income
|
993m
SEK
|
Income Statement
Granges AB
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 514
N/A
|
3 437
-2%
|
3 531
+3%
|
4 748
+34%
|
5 047
+6%
|
5 377
+7%
|
5 460
+2%
|
5 494
+1%
|
5 398
-2%
|
5 334
-1%
|
5 912
+11%
|
7 207
+22%
|
8 738
+21%
|
10 377
+19%
|
11 246
+8%
|
11 435
+2%
|
11 614
+2%
|
11 976
+3%
|
12 570
+5%
|
12 910
+3%
|
12 948
+0%
|
12 693
-2%
|
12 369
-3%
|
11 978
-3%
|
11 932
0%
|
10 965
-8%
|
10 542
-4%
|
11 008
+4%
|
11 989
+9%
|
14 377
+20%
|
16 423
+14%
|
18 130
+10%
|
20 168
+11%
|
22 434
+11%
|
23 985
+7%
|
24 492
+2%
|
24 381
0%
|
23 514
-4%
|
22 917
-3%
|
22 518
-2%
|
21 978
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 107)
|
(2 012)
|
(2 080)
|
(2 819)
|
(3 025)
|
(3 277)
|
(3 320)
|
(3 280)
|
(3 207)
|
(3 092)
|
(3 450)
|
(4 374)
|
(5 418)
|
(6 598)
|
(7 246)
|
(7 396)
|
(7 542)
|
(7 833)
|
(8 330)
|
(8 537)
|
(8 493)
|
(8 242)
|
(7 893)
|
(7 620)
|
(7 577)
|
(6 862)
|
(6 505)
|
(6 809)
|
(7 480)
|
(9 271)
|
(10 917)
|
(12 459)
|
(14 186)
|
(15 926)
|
(16 987)
|
(17 311)
|
(17 027)
|
(16 103)
|
(15 352)
|
(14 730)
|
(14 198)
|
|
Gross Profit |
1 407
N/A
|
1 425
+1%
|
1 451
+2%
|
1 929
+33%
|
2 022
+5%
|
2 100
+4%
|
2 140
+2%
|
2 214
+3%
|
2 191
-1%
|
2 242
+2%
|
2 462
+10%
|
2 833
+15%
|
3 320
+17%
|
3 779
+14%
|
4 000
+6%
|
4 039
+1%
|
4 072
+1%
|
4 143
+2%
|
4 240
+2%
|
4 373
+3%
|
4 455
+2%
|
4 451
0%
|
4 476
+1%
|
4 358
-3%
|
4 355
0%
|
4 103
-6%
|
4 037
-2%
|
4 199
+4%
|
4 509
+7%
|
5 106
+13%
|
5 506
+8%
|
5 671
+3%
|
5 982
+5%
|
6 508
+9%
|
6 998
+8%
|
7 181
+3%
|
7 354
+2%
|
7 411
+1%
|
7 565
+2%
|
7 788
+3%
|
7 780
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 096)
|
(1 072)
|
(1 092)
|
(1 517)
|
(1 534)
|
(1 584)
|
(1 613)
|
(1 674)
|
(1 650)
|
(1 680)
|
(1 830)
|
(2 145)
|
(2 551)
|
(2 899)
|
(3 075)
|
(3 102)
|
(3 095)
|
(3 155)
|
(3 249)
|
(3 369)
|
(3 458)
|
(3 498)
|
(3 563)
|
(3 492)
|
(3 553)
|
(3 516)
|
(3 437)
|
(3 640)
|
(3 791)
|
(4 121)
|
(4 505)
|
(4 689)
|
(4 959)
|
(5 420)
|
(5 784)
|
(5 850)
|
(6 177)
|
(6 158)
|
(6 218)
|
(6 205)
|
(6 289)
|
|
Selling, General & Administrative |
(946)
|
(929)
|
(944)
|
(602)
|
(1 323)
|
(1 369)
|
(1 400)
|
(647)
|
(1 444)
|
(1 477)
|
(1 612)
|
(953)
|
(2 239)
|
(2 534)
|
(2 696)
|
(1 432)
|
(2 745)
|
(2 818)
|
(2 903)
|
(1 597)
|
(3 080)
|
(3 096)
|
(3 138)
|
(1 659)
|
(1 445)
|
(1 380)
|
(1 286)
|
(1 654)
|
(1 517)
|
(1 828)
|
(2 139)
|
(1 969)
|
(1 888)
|
(2 221)
|
(2 522)
|
(2 254)
|
(1 964)
|
(2 028)
|
(2 102)
|
(2 607)
|
(2 179)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(144)
|
(144)
|
(147)
|
(201)
|
(203)
|
(207)
|
(210)
|
(208)
|
(207)
|
(204)
|
(221)
|
(264)
|
(317)
|
(370)
|
(383)
|
(366)
|
(350)
|
(337)
|
(344)
|
(353)
|
(379)
|
(403)
|
(428)
|
(450)
|
(488)
|
(515)
|
(529)
|
(538)
|
(575)
|
(594)
|
(667)
|
(601)
|
(691)
|
(821)
|
(884)
|
(733)
|
(936)
|
(852)
|
(837)
|
(806)
|
(865)
|
|
Other Operating Expenses |
(6)
|
0
|
(1)
|
(714)
|
(8)
|
(8)
|
(3)
|
(819)
|
1
|
0
|
3
|
(928)
|
5
|
5
|
4
|
(1 304)
|
0
|
0
|
(2)
|
(1 419)
|
0
|
0
|
2
|
(1 372)
|
(1 620)
|
(1 621)
|
(1 622)
|
(1 433)
|
(1 699)
|
(1 699)
|
(1 699)
|
(2 083)
|
(2 380)
|
(2 378)
|
(2 378)
|
(2 863)
|
(3 277)
|
(3 278)
|
(3 279)
|
(2 792)
|
(3 245)
|
|
Operating Income |
311
N/A
|
353
+14%
|
359
+2%
|
412
+15%
|
488
+18%
|
516
+6%
|
527
+2%
|
540
+2%
|
541
+0%
|
562
+4%
|
632
+12%
|
688
+9%
|
769
+12%
|
880
+14%
|
925
+5%
|
937
+1%
|
977
+4%
|
988
+1%
|
991
+0%
|
1 004
+1%
|
997
-1%
|
953
-4%
|
913
-4%
|
866
-5%
|
802
-7%
|
587
-27%
|
600
+2%
|
559
-7%
|
718
+28%
|
985
+37%
|
1 001
+2%
|
982
-2%
|
1 023
+4%
|
1 088
+6%
|
1 214
+12%
|
1 331
+10%
|
1 177
-12%
|
1 253
+6%
|
1 347
+8%
|
1 583
+18%
|
1 491
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(23)
|
(19)
|
(25)
|
3
|
(1)
|
(1)
|
4
|
(8)
|
(14)
|
(12)
|
(25)
|
(37)
|
(62)
|
(90)
|
(96)
|
(102)
|
(75)
|
(73)
|
(80)
|
(70)
|
(103)
|
(117)
|
(122)
|
(121)
|
(118)
|
(112)
|
(100)
|
(89)
|
(76)
|
(61)
|
(60)
|
(70)
|
(93)
|
(127)
|
(182)
|
(222)
|
(310)
|
(339)
|
(338)
|
(277)
|
(291)
|
|
Non-Reccuring Items |
(22)
|
(13)
|
(30)
|
10
|
(32)
|
(26)
|
(21)
|
(2)
|
(3)
|
(28)
|
(107)
|
(129)
|
(128)
|
(103)
|
(9)
|
(20)
|
(80)
|
(80)
|
(80)
|
(64)
|
0
|
0
|
0
|
(30)
|
(36)
|
(41)
|
(67)
|
25
|
(11)
|
(6)
|
20
|
(149)
|
(159)
|
(97)
|
(173)
|
(195)
|
2
|
(60)
|
56
|
(7)
|
40
|
|
Total Other Income |
(36)
|
(36)
|
1
|
(5)
|
1
|
0
|
0
|
(9)
|
(2)
|
0
|
(10)
|
(22)
|
(21)
|
(22)
|
(14)
|
(18)
|
(20)
|
(19)
|
(17)
|
(21)
|
(20)
|
(20)
|
(22)
|
(29)
|
(32)
|
(32)
|
(31)
|
(41)
|
(41)
|
(42)
|
(42)
|
(20)
|
0
|
(1)
|
0
|
(30)
|
0
|
0
|
0
|
(38)
|
(2)
|
|
Pre-Tax Income |
230
N/A
|
285
+24%
|
305
+7%
|
420
+38%
|
456
+9%
|
489
+7%
|
509
+4%
|
521
+2%
|
524
+1%
|
523
0%
|
492
-6%
|
500
+2%
|
558
+12%
|
665
+19%
|
806
+21%
|
797
-1%
|
802
+1%
|
816
+2%
|
814
0%
|
849
+4%
|
874
+3%
|
816
-7%
|
769
-6%
|
686
-11%
|
616
-10%
|
402
-35%
|
402
N/A
|
454
+13%
|
590
+30%
|
876
+48%
|
919
+5%
|
743
-19%
|
770
+4%
|
863
+12%
|
858
-1%
|
884
+3%
|
867
-2%
|
853
-2%
|
1 064
+25%
|
1 261
+19%
|
1 238
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(57)
|
(70)
|
(75)
|
(102)
|
(112)
|
(120)
|
(126)
|
(143)
|
(163)
|
(163)
|
(12)
|
(2)
|
4
|
(25)
|
(204)
|
(145)
|
(139)
|
(131)
|
(122)
|
(161)
|
(169)
|
(154)
|
(67)
|
(86)
|
(67)
|
(23)
|
(97)
|
(91)
|
(120)
|
(182)
|
(196)
|
(147)
|
(153)
|
(176)
|
(168)
|
(184)
|
(176)
|
(141)
|
(176)
|
(252)
|
(247)
|
|
Income from Continuing Operations |
173
|
215
|
230
|
318
|
344
|
369
|
383
|
378
|
361
|
360
|
480
|
498
|
562
|
640
|
602
|
652
|
663
|
685
|
692
|
688
|
705
|
662
|
702
|
600
|
549
|
379
|
305
|
363
|
470
|
694
|
723
|
596
|
617
|
687
|
690
|
700
|
691
|
712
|
888
|
1 009
|
991
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
173
N/A
|
215
+24%
|
230
+7%
|
319
+39%
|
345
+8%
|
370
+7%
|
384
+4%
|
379
-1%
|
362
-4%
|
361
0%
|
481
+33%
|
498
+4%
|
561
+13%
|
639
+14%
|
601
-6%
|
652
+8%
|
662
+2%
|
684
+3%
|
691
+1%
|
688
0%
|
705
+2%
|
662
-6%
|
702
+6%
|
600
-15%
|
549
-9%
|
379
-31%
|
305
-20%
|
363
+19%
|
470
+29%
|
695
+48%
|
724
+4%
|
595
-18%
|
617
+4%
|
686
+11%
|
689
+0%
|
700
+2%
|
692
-1%
|
713
+3%
|
889
+25%
|
1 010
+14%
|
993
-2%
|
|
EPS (Diluted) |
2.31
N/A
|
2.88
+25%
|
3.09
+7%
|
4.27
+38%
|
4.63
+8%
|
4.96
+7%
|
5.17
+4%
|
4.5
-13%
|
4.85
+8%
|
4.83
0%
|
6.37
+32%
|
5.89
-8%
|
7.44
+26%
|
8.47
+14%
|
7.96
-6%
|
7.66
-4%
|
8.78
+15%
|
9.06
+3%
|
9.15
+1%
|
8.08
-12%
|
9.33
+15%
|
8.76
-6%
|
8.24
-6%
|
7.04
-15%
|
6.44
-9%
|
4.45
-31%
|
3.58
-20%
|
4.21
+18%
|
4.4
+5%
|
6.51
+48%
|
6.79
+4%
|
5.58
-18%
|
5.79
+4%
|
6.44
+11%
|
6.48
+1%
|
6.58
+2%
|
6.51
-1%
|
6.7
+3%
|
8.35
+25%
|
9.49
+14%
|
9.32
-2%
|