Annual Report 2020
Storskogen has seen an average profit growth (adjusted EBITA-growth) of 76 percent per annum for the past five years. When we summed up 2020, profits increased by 78 percent. In view of the challenges of the Corona pandemic, the year exceeded expectations in terms of results. New equity and stable cash flows from the subsidiaries enabled Storskogen to conduct 27 acquisitions of profitable companies with annual sales of SEK 3.1 billion. After almost ten years of operations the Storskogen model continues to work well. We see good business opportunities going forward in our home market in Sweden and the time is now ripe for a cautious international expansion.