Financial overview

SEKmQ1 2021202020192018201720162015
Rental income. SEKm 63.6231.1180.6127.7108.576.355.7
Net operating income. SEKm45.5177.4129.992.279.153.638.2
Income from property management. SEKm11.660.842.921.633.914.6-9.7
Income from property management per ordinary share. SEK ¹0.030.530.11-
Residential units under construction. no ² 893540527235270217215
Residential units completed. no.13713318829
Net investments. SEKm1,116.11,074.71,141.2624.0278.5362.1190.7
Loan-to-value ratio. %51.555.259.461.866.050.057.0
Equity/assets ratio. %39.639.033.535.639.043.040.0
Interest-coverage ratio ³1.
Long-term net asset value. SEKm3,487.02,883.01,975.31,200.51,094.91,008.5830.2
Long-term net asset value attributable to ordinary shareholders. SEKm2,388.72,364.61,457.0804.4726.8666.3455.1
Total no. of ordinary shares outstanding, 000 s ⁴39,57739,57761,44450,00050,00050,00050,000
Long-term net asset value attributable to ordinary shareholders per ordinary share. SEK60.3659.7523.7116.0914.5413.339.10

1) Since Q4 2020, currency effects are no longer included in income from property management and are presented on a separate line in the income statement where the comparative figures have been restated.

2) Including 35 hotel rooms.

3) Excluding non-recurring items.

4) Restated for Q1 2021 to correspond to the number following the withdrawal of every other share in the second quarter of 2020.