Definitions

Capital employed

Average of non-current assets in the balance sheet and net operating capital less non-current liabilities and tax liabilities (net).

Return on capital employed

Operating profit
Average capital employed

Return on equity

Income after finance income and 
expenses less 26.3% standard tax
Average equity

Operating cash flow

Cash flow after investments

Equity ratio

Equity
Total assets

Debt/equity ratio

Interest-bearing liabilities
Equity