Year-end Report January-December 2021
ON THE RIGHT PATH
October–December 2021
- Order bookings amounted to SEK 1,749 million (4,852)
- Income amounted to SEK 2,543 million (2,166)
- Operating profit amounted to SEK 71 million (47)
- Cash flow from operating activities amounted to an outflow of SEK 140 million (inflow 204)
- Cash flow for the period amounted to an outflow of SEK 28 million (inflow 153)
- Profit for the period amounted to SEK 87 million (loss 72)
- The equity/assets ratio was 35.7 percent (32.5)
- The Aries block was sold to joint venture Karlastaden Group AB, which is owned jointly by Serneke and Fastighets AB Balder.
January-December 2021
- Order bookings amounted to SEK 6,345 million (10,639) and the order backlog was SEK 12,101 million (13,619)
- Income amounted to SEK 8,735 million (6,871)
- Operating profit amounted to SEK 235 million (loss 414)
- Cash flow from operating activities amounted to an inflow of SEK 115 million (outflow 352)
- At the end of the period, available cash and cash equivalents totaled SEK 775 million (646)
- Profit for the period amounted to SEK 349 million (loss 358)
- The equity/assets ratio was 35.7 percent (32.5)
- At the time of the publication of the year-end report, the Board has not yet made a decision regarding any proposed dividend for the financial year 2021. The Board will return to this matter no later than 30 March 2022 in connection with submission of the annual report for 2021.
Michael Berglin, CEO Serneke Group, comments:
– Contracting operations in Serneke Sweden continue to stabilize, with the fourth quarter showing an operating profit of SEK 32 million. We are more selective in our order bookings and more controlled in our deliveries. Hard work pays off and there are no shortcuts in this business – discipline and focus are essential in continuing to improve profitability.
– We enter 2022 strengthened by what we achieved together in 2021. Our course is set, with our sights focused on achieving good control and further strengthening the company’s culture. Developments over the past year have truly proven the resolute strength of the company’s employees. We also pipe aboard a partly new Group Management team, who will accelerate the process of delivering a more efficient and sustainable offering – demonstrating more clearly than ever that Serneke is a next generation company.
Presentation of the Interim Report for January-December 2021
On February 9, 2022 at 9:00 a.m. (CET), Serneke Group will comment on this Year-End Report in a on line presentation for investors, analysts and the media. The presentation will be in Swedish and can be followed live via webcast at https://tv.streamfabriken.com/serneke-q4-2021. Presentation materials for the presentation will be available on the website one hour before the webcast begins.
To participate, please dial: +46 8 505 583 73

Anders Düring
- CFO
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Send email
- Kvarnbergsgatan 2, 411 05 Göteborg
- +46(0)70-888 77 33
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STABLE IN A SHRINKING MARKET