Axfood Logo

Axfood

ISIN: SE0006993770 | Ticker: AXFO | LEI: 549300QIXCZWZLHE8L05
Sector: Consumer StaplesSub-Industry: Food Retail
Country: Sweden

About Axfood

Company Description

Axfood's aim is to create a better quality of life for everyone. Our family of companies includes the Willys and Hemköp retail chains, as well as Tempo and Handlar ́n. The Axfood family also includes Middagsfrid and Urban Deli, as well as part-owned Apohem, Eurocash, City Gross and Mathem. We are proud of our own range of products - including popular brands such as Garant, Eldorado and Minstingen.

Axfood's success story would not be possible without all our employees with different backgrounds and experiences. Diversity makes us even better at meeting our customers' different wants and needs. We are a large grocery group with good development opportunities and many places to make a difference.

Challenge and shape the future of food Sweden by becoming an enabler with us. Welcome to a family of opportunities!

Year founded

1958

Headquarters

Solnavägen 4, 11365 Stockholm – Sweden

Financial statements

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Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 02.01.2022 01.01.2023
Assets N/A 18,814,000,000.00 23,731,000,000.00 N/A 28,618,000,000.00
Noncurrent Assets N/A 12,373,000,000.00 16,225,000,000.00 N/A 20,159,000,000.00
Property Plant And Equipment N/A 2,912,000,000.00 3,815,000,000.00 N/A 5,294,000,000.00
Land And Buildings N/A 146,000,000.00 144,000,000.00 N/A 224,000,000.00
Construction In Progress N/A 613,000,000.00 1,425,000,000.00 N/A 2,640,000,000.00
Goodwill N/A 2,769,000,000.00 3,846,000,000.00 N/A 3,526,000,000.00
Intangible Assets Other Than Goodwill N/A 750,000,000.00 1,449,000,000.00 N/A 1,464,000,000.00
Investments In Associates Accounted For Using Equity Method N/A 28,000,000.00 379,000,000.00 N/A N/A
Other Noncurrent Receivables N/A 6,000,000.00 6,000,000.00 N/A 20,000,000.00
Deferred Tax Assets N/A 253,000,000.00 346,000,000.00 N/A 253,000,000.00
Other Noncurrent Financial Assets N/A 0.00 0.00 N/A 206,000,000.00
Current Assets N/A 6,441,000,000.00 7,506,000,000.00 N/A 8,459,000,000.00
Inventories N/A 2,670,000,000.00 3,136,000,000.00 N/A N/A
Trade And Other Current Receivables N/A 2,236,000,000.00 3,636,000,000.00 N/A 4,060,000,000.00
Current Trade Receivables N/A 1,033,000,000.00 2,292,000,000.00 N/A 2,143,000,000.00
Current Prepayments And Current Accrued Income Other Than Current Contract Assets N/A N/A 1,196,000,000.00 N/A 1,428,000,000.00
Other Current Receivables N/A 169,000,000.00 148,000,000.00 N/A 450,000,000.00
Current Tax Assets Current N/A N/A 0.00 N/A 40,000,000.00
Cash and cash equivalents 798,000,000.00 1,534,000,000.00 734,000,000.00 N/A 559,000,000.00
Equity And Liabilities N/A 18,814,000,000.00 23,731,000,000.00 N/A 28,618,000,000.00
Equity 4,249,000,000.00 4,563,000,000.00 5,176,000,000.00 5,176,000,000.00 6,901,000,000.00
Issued Capital N/A 262,000,000.00 262,000,000.00 N/A 271,000,000.00
Retained Earnings N/A 3,655,000,000.00 4,233,000,000.00 N/A 4,319,000,000.00
Share Premium N/A 496,000,000.00 496,000,000.00 N/A 1,973,000,000.00
Other Reserves N/A -83,000,000.00 -40,000,000.00 N/A 46,000,000.00
Equity Attributable To Owners Of Parent N/A 4,331,000,000.00 4,952,000,000.00 N/A 6,609,000,000.00
Noncontrolling Interests N/A 232,000,000.00 224,000,000.00 N/A 292,000,000.00
Noncurrent Liabilities N/A 6,014,000,000.00 6,496,000,000.00 N/A 8,975,000,000.00
Noncurrent Provisions For Employee Benefits N/A 403,000,000.00 371,000,000.00 N/A 292,000,000.00
Deferred Tax Liabilities N/A 979,000,000.00 1,212,000,000.00 N/A 1,289,000,000.00
Other Noncurrent Liabilities N/A 108,000,000.00 57,000,000.00 N/A 6,000,000.00
Current Liabilities N/A 8,237,000,000.00 12,059,000,000.00 N/A 12,743,000,000.00
Trade And Other Current Payables N/A 4,424,000,000.00 5,845,000,000.00 N/A 7,190,000,000.00
Current Accruals And Current Deferred Income Including Current Contract Liabilities N/A N/A 2,541,000,000.00 N/A 3,221,000,000.00
Current Tax Liabilities Current N/A 13,000,000.00 94,000,000.00 N/A 0.00
Other Current Liabilities N/A 391,000,000.00 431,000,000.00 N/A 469,000,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue From Sale Of Goods 53,696,000,000.00 57,891,000,000.00 73,474,000,000.00
Other Income 632,000,000.00 788,000,000.00 1,034,000,000.00
Profit Loss From Operating Activities 2,510,000,000.00 2,704,000,000.00 3,101,000,000.00
Finance Income 16,000,000.00 12,000,000.00 26,000,000.00
Finance Costs 132,000,000.00 134,000,000.00 193,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method -38,000,000.00 -46,000,000.00 -66,000,000.00
Profit Loss Before Tax 2,394,000,000.00 2,582,000,000.00 2,935,000,000.00
Profit (loss) 1,862,000,000.00 2,094,000,000.00 2,370,000,000.00
Profit Loss Attributable To Owners Of Parent 1,908,000,000.00 2,150,000,000.00 2,360,000,000.00
Profit Loss Attributable To Noncontrolling Interests -46,000,000.00 -56,000,000.00 10,000,000.00
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 1,862,000,000.00 2,094,000,000.00 2,370,000,000.00
Adjustments For Decrease Increase In Inventories N/A -284,000,000.00 -138,000,000.00 -724,000,000.00
Adjustments For Depreciation And Amortisation Expense N/A 2,252,000,000.00 2,399,000,000.00 2,615,000,000.00
Other Adjustments For Noncash Items N/A 52,000,000.00 62,000,000.00 -125,000,000.00
Interest Paid Classified As Operating Activities N/A 118,000,000.00 -124,000,000.00 -167,000,000.00
Interest Received Classified As Operating Activities N/A 10,000,000.00 4,000,000.00 12,000,000.00
Cash Flows From Used In Operating Activities N/A 4,851,000,000.00 4,590,000,000.00 5,927,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 4,000,000.00 6,000,000.00 -1,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 817,000,000.00 1,516,000,000.00 2,219,000,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 211,000,000.00 309,000,000.00 374,000,000.00
Cash Flows From Used In Investing Activities N/A -1,080,000,000.00 -3,842,000,000.00 -2,778,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 53,000,000.00 50,000,000.00 115,000,000.00
Proceeds From Borrowings Classified As Financing Activities N/A N/A 1,900,000,000.00 663,000,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 1,515,000,000.00 300,000,000.00 2,063,000,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A N/A 1,578,000,000.00 1,707,000,000.00
Dividends Paid Classified As Financing Activities N/A 1,517,000,000.00 1,569,000,000.00 1,646,000,000.00
Cash Flows From Used In Financing Activities N/A -3,036,000,000.00 -1,548,000,000.00 -3,324,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 735,000,000.00 -800,000,000.00 -175,000,000.00
Cash and cash equivalents 798,000,000.00 1,534,000,000.00 734,000,000.00 559,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
19.05.23 Christian Luiga Other Buy SEK 218,250.00
10.05.23 Berndt Thomas Evertsson Other Sell SEK 759,000.00
09.05.23 Berndt Thomas Evertsson Other Sell SEK 876,750.00
08.05.23 Berndt Thomas Evertsson Other Sell SEK 892,500.00
28.04.23 Klas Balkow Other Sell SEK 3,186,286.00
28.04.23 Berndt Thomas Evertsson Other Other SEK 0.00
27.04.23 Anders Lexmon Other Buy SEK 127,765.00
16.02.23 Thomas Evertsson Other Buy SEK 64,160.00
23.05.22 Berndt Thomas Evertsson Other Other SEK 160,820.00
26.04.22 Klas Balkow Other Sell SEK 2,568,603.20

Capital markets information

ISIN

SE0006993770

LEI

549300QIXCZWZLHE8L05

Sector

Consumer Staples

Industry Group

Consumer Staples Distribution & Retail

Industry

Consumer Staples Distribution & Retail

Sub-Industry

Food Retail

Listed Stock Exchange

Nasdaq Stockholm

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