Five-year summary

Financial statements

INCOME STATEMENTS	2010	2009	2008	2007	2006
Sales	36,816	72,379	126,904	64,266	181,402
Operating expenses	-47,859	-105,323	-99,559	-69,599	-104,062
Operating profit/loss	-11,043	-32,944	27,345	-5,333	77,340
Financial items	662	345	3,044	1,856	831
Profit/loss before tax	-10,381	-32,599	30,389	-3,477	78,171
Tax	2,609	8,619	-9,588	959	-21,900
Profit/loss for the period	-7,772	-23,980	20,801	-2,518	56,271

BALANCE SHEETS	2010	2009	2008	2007	2006
Fixed assets	28,198	25,985	17,187	29,210	30,141
Current assets	143,783	112,026	288,879	115,155	114,191
Total assets	171,981	138,011	306,066	144,365	144,332
Shareholders' equity	151,790	111,101	145,878	125,077	127,595
Long-term liabilities	0	7,545	0	0	0
Current liabilities	20,191	19,365	160,188	19,288	16,737
Total equity and liabilities	171,981	138,011	306,066	144,365	144,332

DATA PER SHARE	2010	2009	2008	2007	2006
Earnings per share 31/12, SEK	-0,03	-0.11	0.09	-0.01	0.26
Equity per share, SEK	0,53	0.51	0.67	0.57	0.59
Dividend per share, SEK	0	0	0.05	0	0
Share price 31/12, SEK	1,16	2.24	1.62	2.85	5.50
P/E ratio	Neg	Neg	18.00	Neg	21.15
Number of shares at end of period before full conversion 1), thousand	287,903	215,927	215,927	215,927	215,927
Number of shares at end of period after full conversion 1), thousand	287,903	215,927	215,927	215,927	215,927
Average number of shares during the period before full conversion 1), thousand	287,903	215,927	215,927	215,927	214,497

1) In order to facilitate comparison between the years, the number of shares at the end of each period has been adjusted to take into consideration split and bonus issues.

KEY FIGURES & RATIOS	2010	2009	2008	2007	2006
Adjusted equity (SEK)	151,790	111,101	145,878	125,077	127,595
Capital employed	155,120	111,101	145,878	125,077	127,595
Interest-bearing liabilities	3,330	7,545	0	0	0
Return on equity, %	Neg	Neg	15	Neg	57
Return on capital employed, %	Neg	Neg	23	Neg	79
Operating margin, %	Neg	Neg	21	Neg	43
Net margin, %	Neg	Neg	16	Neg	31
Rate of asset turnover, multiple	0.28	0.56	0.93	0.50	1.85
Equity/assets ratio, %	88	80	47	86	88
Proportion of risk-bearing capital, %	88	80	47	86	88
Cash flow for the year	35,317	-37,250	-33,542	2,432	78,131
Investments in tangible fixed assets	0	135	176	763	1,010
Investments in intangible fixed assets	0	462	0	0	0
Average number of employees	36	42	38	34	28

Definitions of key figures & ratios

Equity and capital

Adjusted equity	Reported shareholders' equity plus untaxed reserves after deduction for deferred tax at the current rate of tax.
Capital employed	Total assets less non-interest-bearing liabilities including deferred tax liabilities in untaxed reserves.

Profitability

Return on equity	Net profit as a percentage of average adjusted equity.
Return on capital employed	Profit after net financial items plus financial costs as a percentage of average capital employed.
Operating margin	Profit after depreciation as a percentage of the year's invoicing.
Net margin	Net profit as a percentage of the year's invoicing.

Sundry

Rate of asset turnover	The year's invoicing divided by average capital employed.
Equity/assets ratio	Adjusted equity as a percentage of total assets.
Risk-bearing capital	Adjusted equity plus deferred tax liabilities in untaxed reserves as a percentage of total assets.