Investors

Financial position

Axfood’s financial strategy is to create financially secure conditions for the Group’s operations and development.

The Group’s management of external financing is centralized in the Parent Company, and subsidiaries finance their operations through central Group account systems. Axfood has a strong financial position, with a high equity ratio and low level of debt. Owing to good cash flow, the company does not need to raise long-term borrowing to finance its operations. In addition, the company has a liquidity reserve of SEK 200 m in the form of granted, unutilized credit facilities.

 

2017-12-31

2016-12-31

2016-09-30

Equity ratio, %

39.0

39.1

43.0

Net receivable-equity ratio, multiple

-0.2

-0.3

-0.3

Cash flow from operating activities per share, SEK

12.1

10.7

11.9

Cash and cash equivalents, SEK m

1,376

1,726

1,933

Interest-bearing debt,
SEK m

110

80

76