Interim report
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Interim report January - March 2021 Good start to the year Financial highlights first quarter Q1 > Business highlights first quarter Karnov Group closes the acquisition of DIBkunnskap AS and the company is consolidated in the Group's financials from 5 January 2021 . Karnov Group acquires the Danish legal tech start - up Onlaw ApS . The acquisition is part of Karnov Group's strategy of establishing a broad technology platform that creates increased relevance and efficiency for professionals working with legal information . Pontus Bodelsson will assume his position as new President and CEO of Karnov Group on 8 May 2021 . > Net sales increased to SEK 234 m ( 212 ) , organic growth was 5 % . > EBITA amounted to SEK 95 m ( 88 ) with EBITA margin of 40.7 % ( 41.6 % ) . > > Adjusted EBITA amounted to SEK 95 m ( 88 ) with adjusted EBITA margin of 40.7 % ( 41.6 % ) . > Net result amounted to SEK 40 m ( 29 ) . > Earnings per share after dilution amounted to SEK 0.40 ( 0.30 ) . > > Adjusted operating cash flow amounted to SEK 104 m ( 170 ) . Key financial ratios for the Group * TSEK Net sales Organic growth , % EBITA EBITA margin , % Adjusted EBITA Adjusted EBITA margin , % Net result Adjusted cash flow from operating activities For more information see Financial definitions and Note 7 for calculations of Alternative Performance Measures . 01 Jan - Dec 2021 2020 A % 2020 233,519 211,961 10.2 % 771,416 5.0 % 94,996 2.3 % 88,218 7.7 % 2.1 % 275,955 40.7 % 41.6 % 35.8 % 94,996 88,218 7.7 % 288,158 40.7 % 41.6 % 37.4 % 39,719 29,084 36.6 % 100,004 104,288 170,348 -38.8 % 413,762 IIIKARNOV GROUP