Financial objectives

EQUITY/ASSETS RATIO
Long time target: Maintain the strong equity ratio and low debt ratio.
Measurable target: Over 50 percent
Outcome 2022: 66 percent
Comment on outcome: A record-breaking year results in an even stronger balance sheet.

DISTRIBUTION OF NET PROFIT
Long time target: Have a good return on capital for shareholders.
Measurable target: 30-50 percent
Outcome 2022: 46 percent 
Comment on outcome: A robust balance sheet provides the opportunity for a good dividend to the shareholders.

YEARLY GROWTH
Long time target: Offset inflation within fixed costs through annual growth of production volume.
Measurable target: 3 percent
Outcome 2022: +0,5 percent
Comment on outcome: Production increased compared to 2021, but high electricity prices led to production restrictions.

SHARE OF REVENUE SOURCES IN NET TURNOVER, NOT FROM PULP
Long time target: Reduce dependence on variations in pulp prices and the exchange rate by broadening the business base and increasing alternative revenue flows.
Measurable target: at least 10 percent of net sales in 2023. 
Outcome 2022: 9,3 percent
Comment on outcome: The increased turnover is due to increased volumes and higher sales prices.​