**Capital employed**

Total assets less non-interest bearing liabilities including deferred tax liability.

**Capital turnover rate**

Net sales divided by average capital employed shares.

**Cash flow per share**

Cash flow for the year divided by the average number of shares.

**Equity assets ratio**

Shareholders’ equity including minority interests as a percentage of total assets.

**Equity per share**

Shareholders’ equity divided by the number of outstanding shares.

**Gross margin**

Gross profit as a percentage of net sales.

**Interest coverage ratio**

Profit after net financial items plus financial expenses divided by financial expenses.

**Net debt/equity ratio**

Net interest-bearing liabilities divided by shareholders’ equity.

**Net interest-bearing liabilities**

Interest-bearing liabilities reduced by liquid funds.

**Operating margin**

Operating profit as a percentage of sales.

**Operating profit**

Profit after net financial items as a percentage of sales.

**Operating profit after depreciation of tangible fixed assets**

Operating profit after depreciation of tangible fixed assets as a percentage of sales.

**P/E (Price/Earnings ratio)**

Market value of the company divided by profit after full tax.

**P/S (Price/Sales ratio)**

Market value of the company divided by net sales.

**Profit per employee**

Operating profit after depreciation divided by the average number of annual employees.

**Profit/loss per share**

Profit for the period after full tax divided by the average number of shares.

**Return on capital employed**

Profit after net financial items plus financial expenses divided by average shareholders’ equity.

**Return on equity**

Profit after net financial items less full tax divided by average shareholders’ equity.

**Return on total capital**

Profit after net financial items plus financial expenses divided by the average balance sheet total.

**Sales per employee**

Sales divided by the average number of annual employees.

**Share of risk-bearing capital**

Shareholders’ equity plus minority interests and deferred tax liabilities as a percentage of the balance sheet

total.

**Shareholders' equity **

A company's net worth; that is, a company's total assets minus total liabilities.