Financing

Atrium Ljungberg covers its financing needs through five Nordic banks and the capital market. Financing by banks is the primary source of finance.

Financing activities are governed by the company's financial policy, which is reviewed and approved by the Board of Directors at least on an annual basis. See below.

Financial key ratios    
  31-12-2017 31-12-2016
Interest-bearing liabilities, SEK m 18,247 15,095
Gearing ratio, % 44.7 41.9
Average fixed interest term, yrs. 4.4 3.9
Average capital commitment term, yrs. 3.5 3.5
Average interest rate for interest-bearing liabilities, % 1.7 2.3
Equity/assets ratio, % 42.6 43.7
Financial policy, 2017    
   Goal/Mandate Results, 31-12-2017
Gearing ratio, individual properties  max 70% 70% 
Gearing ratio, the Group   max 75% 66% 
Percentage of interest falling due within 12 months  0-50% 44% 
Percentage of loans falling due within 12 months  10-30% 10% 
Currency risk, financing Not permitted None
Bank deposits SEK 0-200 million SEK 344 million
Unutilised overdraft facility SEK 300-500 million SEK 300 million
Number of financing providers 3-7
Loan volume with a single provider max 50% 16% 
Fixed interest as of 31 March 2019     
Maturity date  Amount, SEK m Percentage, %   Average interest rate, %
2019 6,631 35  1.1 
2020  1,300  0.5
2021 1,175  6 1.8 
2022 400  2 1.7 
2023  736  1.6 
2024 and thereafter 8,485 45  2.5 
Total 19,727 100  1.7 
Capital commitment as of 31 March 2018  
Maturity date Amount, SEK m Per centage, %
2019 - -
2020 2,118 11
2021 4,851 26
2022 3,618 19
2023 1,408 8
2024 and thereafter 6,733 36
Total 18,727 100