Cash flow SkiStar AB

Equities

SKIS B

SE0012141687

Leisure & Recreation

Market Closed - Nasdaq Stockholm Other stock markets 17:00:00 14/04/2026 BST			5-day change	1st Jan Change
163.40 ^SEK	+0.12%		+0.74%	-1.33%

03-19	Banks maintain Buy ratings on Skistar following Q2 results	FW
03-18	Global markets live: Nvidia, Amazon, Oracle, Lululemon, Airbus…

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Published financial data: SKISTAR AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2021	2022	2023	2024	2025
Revenues	2.75B	4.09B	4.28B	4.68B	4.63B
Other Revenues, Total	-	1K	1K	19.42M	22.63M
Total Revenues	2.75B	4.09B	4.28B	4.7B	4.65B
Cost of Goods Sold, Total	684M	980M	1.03B	1.07B	1.11B
Gross Profit	2.07B	3.11B	3.26B	3.63B	3.55B
Selling General & Admin Expenses, Total	1.32B	1.88B	2.05B	2.16B	2.19B
Depreciation & Amortization - (IS)	386M	429M	475M	528M	559M
Other Operating Expenses	-1.8M	-30.45M	-23.22M	-	-
Other Operating Expenses, Total	1.71B	2.28B	2.5B	2.68B	2.75B
Operating Income	361M	829M	751M	944M	795M
Interest Expense, Total	-50.28M	-8.25M	-99.21M	-171M	-101M
Interest And Investment Income	2.15M	3.86M	4.11M	5.78M	4.18M
Net Interest Expenses	-48.13M	-4.39M	-95.1M	-165M	-97.02M
Income (Loss) On Equity Invest.	37.21M	65.1M	2.36M	-19.96M	5.84M
Currency Exchange Gains (Loss)	-1.68M	-12.27M	10.5M	9.61M	-4.93M
Other Non Operating Income (Expenses)	-	-1.55M	923K	-2.34M	187K
EBT, Excl. Unusual Items	348M	876M	670M	766M	699M
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-219M	-21.03M	-148M	-179M	-15.75M
Gain (Loss) On Sale Of Assets	206M	-4.91M	-1.13M	9.13M	444K
Asset Writedown	-150M	15.69M	-	-	-
Other Unusual Items	61.08M	-	-	-	-
EBT, Incl. Unusual Items	246M	866M	520M	597M	684M
Income Tax Expense	12.54M	201M	118M	124M	132M
Earnings From Continuing Operations	234M	665M	402M	473M	552M
Net Income to Company	234M	665M	402M	473M	552M
Minority Interest	4.49M	1.97M	585K	363K	593K
Net Income - (IS)	238M	667M	402M	473M	553M
Net Income to Common Incl Extra Items	238M	667M	402M	473M	553M
Net Income to Common Excl. Extra Items	238M	667M	402M	473M	553M
Per Share Items
Net EPS - Basic	3.04	8.5	5.13	6.04	7.05
Basic EPS - Continuing Operations	3.04	8.5	5.13	6.04	7.05
Basic Weighted Average Shares Outstanding	78.38M	78.38M	78.38M	78.38M	78.38M
Net EPS - Diluted	3.04	8.5	5.13	6.04	7.05
Diluted EPS - Continuing Operations	3.04	8.5	5.13	6.04	7.05
Diluted Weighted Average Shares Outstanding	78.38M	78.38M	78.38M	78.38M	78.38M
Normalized Basic EPS	2.83	7.01	5.35	6.12	5.58
Normalized Diluted EPS	2.83	7.01	5.35	6.12	5.58
Dividend Per Share	1.5	3	2.6	2.8	3
Payout Ratio	-	17.64	58.44	43.06	39.71
Supplemental Items
EBITDA	633M	1.09B	1.06B	1.29B	1.15B
EBITA	365M	833M	754M	948M	799M
EBIT	361M	829M	751M	944M	795M
EBITDAR	683M	1.14B	1.1B	1.36B	1.21B
Total Revenues (As Reported)	2.82B	4.12B	4.3B	4.69B	4.65B
Effective Tax Rate - (Ratio)	5.09	23.23	22.76	20.78	19.28
Total Current Taxes	74.05M	130M	123M	127M	139M
Total Deferred Taxes	-61.51M	70.88M	-4.94M	-3.42M	-7.12M
Normalized Net Income	222M	549M	419M	479M	438M
Interest on Long-Term Debt	15.91M	38.35M	41M	42.53M	45.27M
Supplemental Operating Expense Items
Net Rental Expense, Total	50.31M	55.66M	42.34M	66.19M	58.49M
Imputed Operating Lease Interest Expense	6.88M	1.08M	8.5M	21.76M	12.21M
Imputed Operating Lease Depreciation	43.43M	54.58M	33.85M	44.43M	46.27M

Fiscal Period: August	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	26.56M	24.61M	31.07M	24.63M	20.08M
Trading Asset Securities, Total	-	-	-	-	2.91M
Total Cash And Short Term Investments	26.56M	24.61M	31.07M	24.63M	22.98M
Accounts Receivable, Total	30.58M	37.83M	38.8M	35.19M	36.49M
Other Receivables	153M	186M	236M	215M	187M
Notes Receivable	12.44M	1.26M	66.77M	11.02M	11M
Total Receivables	196M	225M	342M	261M	234M
Inventory	199M	296M	391M	415M	480M
Prepaid Expenses	72.6M	67.68M	68.79M	74.34M	72.92M
Other Current Assets, Total	308M	1K	1K	-	-2K
Total Current Assets	802M	613M	832M	775M	811M
Gross Property Plant And Equipment	8.55B	10B	10.93B	11.34B	11.78B
Accumulated Depreciation	-3.53B	-3.83B	-4.2B	-4.54B	-4.97B
Net Property Plant And Equipment	5.03B	6.17B	6.73B	6.8B	6.81B
Long-term Investments	796M	945M	949M	829M	832M
Goodwill	88.32M	102M	97.48M	113M	132M
Other Intangibles, Total	89.79M	95.64M	116M	125M	122M
Loans Receivable Long-Term	36.67M	38.96M	38.57M	29.46M	12.56M
Deferred Tax Assets Long-Term	-	-	-	-	21.36M
Other Long-Term Assets, Total	36.22M	11.6M	669K	11.38M	26.19M
Total Assets	6.87B	7.97B	8.76B	8.68B	8.76B
Liabilities
Accounts Payable, Total	154M	223M	188M	177M	243M
Accrued Expenses, Total	84.38M	107M	115M	119M	130M
Current Portion of Long-Term Debt	564M	317M	1.12B	946M	324M
Current Portion of Leases	93.29M	125M	174M	191M	195M
Current Income Taxes Payable	63.82M	133M	119M	89.26M	62.53M
Unearned Revenue Current, Total	-	-	-	-	22.18M
Other Current Liabilities	465M	330M	340M	364M	365M
Total Current Liabilities	1.42B	1.23B	2.05B	1.89B	1.34B
Long-Term Debt	1.16B	1.3B	1.12B	974M	1.39B
Long-Term Leases	1.37B	1.87B	1.89B	1.91B	1.83B
Pension & Other Post Retirement Benefits	14.54M	17.34M	18.4M	19.12M	20.02M
Deferred Tax Liability Non Current	126M	196M	195M	224M	220M
Other Non Current Liabilities	144K	1K	-1K	12.22M	2.94M
Total Liabilities	4.1B	4.61B	5.28B	5.03B	4.8B
Common Stock, Total	19.59M	19.59M	19.59M	19.59M	19.59M
Additional Paid In Capital	398M	398M	398M	398M	398M
Retained Earnings	2.41B	2.97B	3.14B	3.37B	3.71B
Comprehensive Income and Other	-64.4M	-28M	-69.91M	-135M	-162M
Total Common Equity	2.76B	3.36B	3.48B	3.66B	3.96B
Minority Interest	15.72M	2.13M	1.44M	1.03M	401K
Total Equity	2.77B	3.36B	3.48B	3.66B	3.96B
Total Liabilities And Equity	6.87B	7.97B	8.76B	8.68B	8.76B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	78.38M	78.38M	78.38M	78.38M	78.38M
ECS Total Common Shares Outstanding	78.38M	78.38M	78.38M	78.38M	78.38M
Book Value / Share	35.19	42.83	44.43	46.64	50.56
Tangible Book Value	2.58B	3.16B	3.27B	3.42B	3.71B
Tangible Book Value Per Share	32.92	40.31	41.71	43.62	47.33
Total Debt	3.19B	3.61B	4.3B	4.02B	3.73B
Net Debt	3.16B	3.58B	4.27B	4B	3.71B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-11.9M	-13.9M	-14.8M	-15.4M	-16.1M
Debt Equivalent Oper. Leases	402M	445M	339M	530M	468M
Minority Interest, Total (Incl. Fin. Div)	15.72M	2.13M	1.44M	1.03M	401K
Equity Method Investments, Total	763M	854M	848M	774M	775M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	199M	189M	303M	332M	402M
Inventories - Others	-	107M	88.48M	83.17M	78.89M
Land - (BS)	183M	255M	275M	-	-
Buildings, Total	2.89B	3.21B	3.34B	4.17B	4.29B
Machinery, Total	3.39B	3.55B	3.85B	4.31B	4.5B
Full Time Employees	1.14K	699	1.4K	741	808
Accumulated Allowance for Doubtful Accounts (Supple)	787K	211K	2.62M	3.46M	1.33M

Fiscal Period: August	2021	2022	2023	2024	2025
Net Income	238M	667M	402M	473M	553M
Depreciation & Amortization - CF	356M	395M	468M	504M	529M
Amortization of Goodwill and Intangible Assets - (CF)	3.62M	3.5M	3.06M	3.75M	3.6M
Depreciation & Amortization, Total	360M	399M	471M	508M	533M
Amortization of Deferred Charges, Total - (CF)	12.89M	14.42M	16.79M	23.29M	26.9M
(Gain) Loss From Sale Of Asset	-174M	-53.88M	1.13M	-76.02M	-50.61M
Asset Writedown & Restructuring Costs	150M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-8.6M	-64.54M	-2.44M	19.96M	-5.84M
Other Operating Activities, Total	-88.28M	75.82M	-84.16M	95.57M	52.66M
Change In Accounts Receivable	147M	162M	-66.22M	46.73M	-32.09M
Change In Inventories	28.8M	-93.84M	-111M	-24.04M	-65.44M
Change in Other Net Operating Assets	33.24M	133M	41.69M	17.47M	97.46M
Cash from Operations	699M	1.24B	669M	1.08B	1.11B
Capital Expenditure	-582M	-763M	-767M	-519M	-509M
Sale of Property, Plant, and Equipment	4.72M	4.64M	7.42M	226M	72.6M
Cash Acquisitions	-119M	-34.26M	-28.91M	-56.71M	-19.59M
Divestitures	486M	45.9M	-	-	-
Sale (Purchase) of Intangible assets	-12.28M	-29.31M	-41.07M	-24.22M	-19.14M
Investment in Marketable and Equity Securities, Total	-408M	-23.53M	-22.84M	-618K	1.6M
Cash from Investing	-630M	-800M	-853M	-375M	-474M
Long-Term Debt Issued, Total	557M	856M	1.04B	918M	2.11B
Total Debt Issued	557M	856M	1.04B	918M	2.11B
Long-Term Debt Repaid, Total	-632M	-1.18B	-611M	-1.43B	-2.53B
Total Debt Repaid	-632M	-1.18B	-611M	-1.43B	-2.53B
Common Dividends Paid	-	-118M	-235M	-204M	-219M
Common & Preferred Stock Dividends Paid	-	-118M	-235M	-204M	-219M
Cash from Financing	-74.39M	-442M	191M	-714M	-638M
Foreign Exchange Rate Adjustments	-116K	1.75M	-1.06M	-811K	-592K
Miscellaneous Cash Flow Adjustments	-26.78M	-1K	-1K	-	1K
Net Change in Cash	-33.01M	-1.95M	6.46M	-6.44M	-4.56M
Supplemental Items
Cash Interest Paid	38.56M	41.57M	49.8M	81.14M	62.76M
Cash Income Tax Paid (Refund)	91.74M	76.42M	137M	106M	122M
Levered Free Cash Flow	-64.47M	345M	-157M	509M	483M
Unlevered Free Cash Flow	-33.05M	350M	-94.6M	616M	546M
Change In Net Working Capital	36.99M	-212M	244M	-38.01M	-17.87M
Net Debt Issued / Repaid	-74.39M	-324M	426M	-511M	-419M

Fiscal Period: August	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.5	6.98	5.61	6.78	5.7
Return on Total Capital	4.02	8.01	6.36	7.65	6.46
Return On Equity %	8.76	21.67	11.74	13.29	14.49
Return on Common Equity	9.04	21.8	11.77	13.31	14.51
Margin Analysis
Gross Profit Margin %	75.13	76.05	76.04	77.22	76.21
SG&A Margin	48.04	46.04	47.95	45.88	47.1
EBITDA Margin %	23	26.53	24.81	27.47	24.72
EBITA Margin %	13.25	20.34	17.61	20.18	17.16
EBIT Margin %	13.12	20.26	17.54	20.1	17.08
Income From Continuing Operations Margin %	8.49	16.24	9.38	10.06	11.86
Net Income Margin %	8.66	16.29	9.4	10.07	11.87
Net Avail. For Common Margin %	8.66	16.29	9.4	10.07	11.87
Normalized Net Income Margin	8.08	13.43	9.79	10.2	9.4
Levered Free Cash Flow Margin	-2.34	8.44	-3.66	10.83	10.37
Unlevered Free Cash Flow Margin	-1.2	8.56	-2.21	13.1	11.73
Asset Turnover
Asset Turnover	0.43	0.55	0.51	0.54	0.53
Fixed Assets Turnover	0.57	0.73	0.66	0.69	0.68
Receivables Turnover (Average Receivables)	116.8	119.65	111.75	126.5	129.24
Inventory Turnover (Average Inventory)	3.19	3.96	2.99	2.66	2.47
Short Term Liquidity
Current Ratio	0.56	0.5	0.41	0.41	0.6
Quick Ratio	0.15	0.2	0.15	0.15	0.18
Operating Cash Flow to Current Liabilities	0.49	1	0.33	0.57	0.83
Days Sales Outstanding (Average Receivables)	3.12	3.05	3.27	2.89	2.82
Days Outstanding Inventory (Average Inventory)	114.38	92.08	122.19	137.83	147.58
Average Days Payable Outstanding	84.33	63.94	66.94	61.05	65.36
Cash Conversion Cycle (Average Days)	33.17	31.19	58.51	79.67	85.04
Long Term Solvency
Total Debt/Equity	115.05	107.4	123.48	109.95	94.22
Total Debt / Total Capital	53.5	51.78	55.25	52.37	48.51
LT Debt/Equity	91.37	94.26	86.42	78.85	81.13
Long-Term Debt / Total Capital	42.49	45.45	38.67	37.56	41.77
Total Liabilities / Total Assets	59.64	57.87	60.23	57.88	54.77
EBIT / Interest Expense	7.18	100.47	7.57	5.52	7.86
EBITDA / Interest Expense	14.33	148.78	12.32	8.49	13.12
(EBITDA - Capex) / Interest Expense	2.76	56.3	4.59	5.45	8.09
Total Debt / EBITDA	4.43	2.94	3.52	2.77	2.81
Net Debt / EBITDA	4.39	2.92	3.49	2.75	2.8
Total Debt / (EBITDA - Capex)	23.02	7.77	9.46	4.31	4.56
Net Debt / (EBITDA - Capex)	22.82	7.71	9.39	4.28	4.53
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.56	48.78	4.62	9.15	-0.95
Gross Profit, 1 Yr. Growth %	-0.97	50.59	4.61	10.67	-2.26
EBITDA, 1 Yr. Growth %	-14.71	56.49	-2.13	21.49	-10.85
EBITA, 1 Yr. Growth %	-23.05	95.61	-9.43	25.74	-15.76
EBIT, 1 Yr. Growth %	-23.27	96.46	-9.41	25.75	-15.81
Earnings From Cont. Operations, 1 Yr. Growth %	-18.51	184.44	-39.54	14.34	16.73
Net Income, 1 Yr. Growth %	-18.18	179.91	-39.63	14.27	16.77
Normalized Net Income, 1 Yr. Growth %	-18.33	110.92	-23.71	12.4	-8.73
Diluted EPS Before Extra, 1 Yr. Growth %	-18.18	179.91	-39.63	14.27	16.77
Accounts Receivable, 1 Yr. Growth %	85.06	23.72	2.56	-9.31	3.7
Inventory, 1 Yr. Growth %	-13.62	48.94	32.13	6.15	15.77
Net Property, Plant and Equip., 1 Yr. Growth %	9.26	22.73	9.07	1.08	0.1
Total Assets, 1 Yr. Growth %	14.12	16	9.88	-0.6	0.93
Tangible Book Value, 1 Yr. Growth %	10.77	22.45	3.47	5.42	8.51
Common Equity, 1 Yr. Growth %	9.85	21.71	3.73	5.78	8.4
Cash From Operations, 1 Yr. Growth %	-4.92	77.18	-45.91	61.9	2.26
Capital Expenditures, 1 Yr. Growth %	-2.74	31.17	0.54	-32.33	-1.93
Levered Free Cash Flow, 1 Yr. Growth %	-221.01	-1.41K	-145.36	-424.84	-8.26
Unlevered Free Cash Flow, 1 Yr. Growth %	-138.54	6.73K	-127	-750.76	-13.95
Dividend Per Share, 1 Yr. Growth %	-	100	-13.33	7.69	7.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.38	21.02	24.76	7.16	3.98
Gross Profit, 2 Yr. CAGR %	-6.9	22.12	25.51	7.98	4.01
EBITDA, 2 Yr. CAGR %	-16.05	20.98	23.76	9.04	4.07
EBITA, 2 Yr. CAGR %	-24.7	32.57	33.11	6.72	2.92
EBIT, 2 Yr. CAGR %	-24.92	32.76	33.41	6.73	2.89
Earnings From Cont. Operations, 2 Yr. CAGR %	-28.76	52.24	31.14	-15.64	15.53
Net Income, 2 Yr. CAGR %	-28.54	51.34	29.99	-15.74	15.51
Normalized Net Income, 2 Yr. CAGR %	-23.11	42.12	26.85	-6.59	1.29
Diluted EPS Before Extra, 2 Yr. CAGR %	-28.54	51.34	29.99	-15.74	15.51
Accounts Receivable, 2 Yr. CAGR %	-22.72	51.32	12.65	-3.56	-3.02
Inventory, 2 Yr. CAGR %	10.01	13.43	40.28	18.43	10.85
Net Property, Plant and Equip., 2 Yr. CAGR %	17.38	15.8	15.7	5	0.59
Total Assets, 2 Yr. CAGR %	16.49	15.06	12.89	4.35	0.16
Tangible Book Value, 2 Yr. CAGR %	4.7	16.46	12.56	4.02	6.95
Common Equity, 2 Yr. CAGR %	4.09	15.63	12.36	4.35	7.08
Cash From Operations, 2 Yr. CAGR %	-1.66	29.79	-2.11	-6.42	28.67
Capital Expenditures, 2 Yr. CAGR %	9.68	12.95	14.84	-17.52	-18.54
Levered Free Cash Flow, 2 Yr. CAGR %	-29.84	154.55	144.04	21.39	75.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-56.41	102.13	329.47	32.55	140.21
Dividend Per Share, 2 Yr. CAGR %	-34.53	-	31.66	-3.39	7.42
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.75	15.21	15.29	19.54	4.38
Gross Profit, 3 Yr. CAGR %	-2.99	9.29	15.98	20.64	4.45
EBITDA, 3 Yr. CAGR %	-10.16	6.55	12.72	23	1.96
EBITA, 3 Yr. CAGR %	-16.98	9	16.76	30.6	-1.38
EBIT, 3 Yr. CAGR %	-17.14	9	16.88	30.8	-1.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-21.68	13.01	11.9	26.5	-6
Net Income, 3 Yr. CAGR %	-21.36	12.65	11.4	25.73	-6.06
Normalized Net Income, 3 Yr. CAGR %	-17.18	13.5	15.5	22.55	-7.31
Diluted EPS Before Extra, 3 Yr. CAGR %	-21.36	12.65	11.4	25.73	-6.06
Accounts Receivable, 3 Yr. CAGR %	2.04	-9.6	32.92	4.79	-1.2
Inventory, 3 Yr. CAGR %	6.12	21.7	19.35	27.83	17.54
Net Property, Plant and Equip., 3 Yr. CAGR %	14.13	19.14	13.51	10.61	3.34
Total Assets, 3 Yr. CAGR %	12.17	16.32	13.3	8.09	3.2
Tangible Book Value, 3 Yr. CAGR %	6.04	10.31	11.96	9.83	5.49
Common Equity, 3 Yr. CAGR %	5.34	9.66	11.52	9.84	5.68
Cash From Operations, 3 Yr. CAGR %	0.94	19.66	-3.05	15.77	-3.61
Capital Expenditures, 3 Yr. CAGR %	13.35	16.42	8.65	-3.72	-12.62
Levered Free Cash Flow, 3 Yr. CAGR %	-29.5	38.13	43.25	168.45	11.81
Unlevered Free Cash Flow, 3 Yr. CAGR %	-45.79	26.29	3.32	393.28	15.93
Dividend Per Share, 3 Yr. CAGR %	-24.61	-5.01	-	23.13	0
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.68	12.16	11.05	11.92	10.74
Gross Profit, 5 Yr. CAGR %	3	8.21	7.54	8.76	11.19
EBITDA, 5 Yr. CAGR %	0.52	6.24	4.02	7.54	9.18
EBITA, 5 Yr. CAGR %	-3.03	7.23	3.43	8.08	11.01
EBIT, 5 Yr. CAGR %	-2.93	7.33	3.43	8.08	11.07
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.28	11.44	-3.75	0.54	14
Net Income, 5 Yr. CAGR %	-5.16	11.31	-3.85	0.3	13.68
Normalized Net Income, 5 Yr. CAGR %	-0.03	7.18	1.39	4.99	9.97
Diluted EPS Before Extra, 5 Yr. CAGR %	-5.16	11.31	-3.85	0.3	13.68
Accounts Receivable, 5 Yr. CAGR %	-3.46	5.07	6.16	-7.23	17.17
Inventory, 5 Yr. CAGR %	9.63	17.69	18.66	20.38	15.87
Net Property, Plant and Equip., 5 Yr. CAGR %	10.7	14.42	14.75	13.27	8.15
Total Assets, 5 Yr. CAGR %	10.85	12.08	12.46	11.38	7.79
Tangible Book Value, 5 Yr. CAGR %	9.99	11.48	8.6	7.75	9.75
Common Equity, 5 Yr. CAGR %	8.81	10.56	8.1	7.51	9.55
Cash From Operations, 5 Yr. CAGR %	6.02	14.49	-0.29	8.45	8.57
Capital Expenditures, 5 Yr. CAGR %	9	15.38	13.95	1.43	-3.17
Levered Free Cash Flow, 5 Yr. CAGR %	-1.7	14.88	-3.17	31.17	55.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	-20.74	12.25	-14.53	28.76	44.8
Dividend Per Share, 5 Yr. CAGR %	-7.79	1.76	-5.77	-4.36	-