Key ratios per quarter - Group

Below you will find Hufvudstaden's key ratios per quarter.
Group Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021
Net revenue, SEK m 746 672 684 644 703
Return on equity, % 2.4 4.2 4.0 3.1 9.8
Return on equity, adjusted, % 2.9 2.9 2.9 2.6 3.0
Equity ratio, % 61 61 61 60 61
Earnings per share from property management after nom. tax (EPRA EPS), SEK 1.29 1.30 1.33 1.15 1.28
Net reinstatement value (EPRA NRV) per share, SEK 201 203 201 199 199
Net earnings per share for the period, SEK -1.63 1.46 1.86 1.88 8.33
Equity per share, SEK 154.53 156.16 154.70 152.84 153.56
Cash flow from operating activities per share, SEK 1.01 1.36 1.45 1.24 1.47

Alternative Performance Measures

Hufvudstaden applies the European Securities and Markets Authority’s (ESMA) Guidelines on Alternative Performance Measures. A number of the key performance measures above are alternative performance measures, i.e. a set of financial metrics not defined in IFRS or the Annual Accounts Act, and which are used to present the Company’s development and improve comparability between periods. Definitions of performance measures are given in the glossary. Below is the derivation of alternative performance measures.

  Q4 2022 Q3 2022 Q2 2022 Q1 2022 Q4 2021
Equity ratio, SEK m           
Equity 31,262 31,593 31,296 30,920 31,066
Total assets 51,235 51,731 51,519 51,133 51,099
Equity ratio, % 61 61 61 60 61
           
Interest coverage ratio, SEK m          
Profit or loss before tax 1) 904 1,604 1,497 1,236 3,726
Reversal of items affecting comparability and changes in value 209 -495 -410 -227 -2,579
Interest expense 1) 166 159 153 152 139
Total 1,279 1,268 1,240 1,161 1,286
Interest expense 1) 166 159 153 152 139
Interest coverage ratio, multiple 7.7 8.0 8.1 7.6 9.3
           
Net loan-to-value ratio, properties, SEK m          
Interest-bearing liabilities 9,000 9,000 9,100 9,100 9,200
Lease liabilities 712 710 712 714 716
Interest-bearing assets -453 -555 -637 -601 -1,182
Total 9,259 9,155 9,175 9,213 8,734
Carrying amount, properties 49,547 49,960 49,630 49,206 48,790
Net loan-to-value ratio, properties, % 18.7 18.3 18.5 18.7 17.9
           
Net debt, SEK m          
Non-current interest-bearing liabilities 6,500 6,000 6,500 6,500 7,000
Non-current leasing liabilities 703 702 704 705 707
Current interest-bearing liabilities 2,500 3,000 2,600 2,600 2,200
Current leasing liabilities 9 8 8 9 9
Cash and bank holdings -453 -555 -637 -601 -1,182
Net debt 9,259 9,155 9,175 9,213 8,734

1) Recalculated 12 months.