Debt Investors

In this section, you can find information about Hiab's financing structure, interest rates, and outstanding debt instruments. For more information, see Reports and Presentations. 

Information is updated quarterly.

Key Figures

MEUR	2021	2022	2023	2024	2025	09/2026
Net Debt	414	378	179	-186	-209	704
Gearing	26.8%	24.8%	10.2%	-18.1%	-20.7%	67.2%
Equity/Total Assets	40.6%	39.2%	43.8%	47.6%	62.8%	39.5%
Net Working Capital	184	286	329	54	249	391

Net Debt, September 30, 2026

Type	Amount (MEUR)
Lease Liabilities	111
Bank Overdraft	0
Loans from Financial Institutions	901
Corporate Bonds	0
Other Interest-Bearing Liabilities	16
Cash and Cash Equivalents	324
Net Debt	704

Hiab has a syndicated credit limit of 330 MEUR, which matures in December 2029. Currently, the limit is unused.

In addition to general terms, Hiab has a financial covenant in its financing agreements and credit limit (RCF) that restricts its capital structure. According to the covenant, Hiab's equity ratio must remain below 125 percent. 

Hiab has not applied for a credit rating from any credit rating agency.

 

Interest Rates, September 30, 2026

Instrument	Avg. Interest Rate	Book Value (MEUR)	Nominal Value (MEUR)
Bilateral bank loans, subsidiary external loans	3.73%	917	920
Cash pool overdrafts		0	0

 

Maturity Profile, September 30, 2026

Instrument (MEUR)	2026	2027	2028	2029	2030	Later
Corporate Loans, Loans from Financial Institutions and Credit Limits	3.2	200.3		299.1		399.8
Lease Liabilities*	6.5	24.5	19.9	16.7	14.3	15.0
Other Interest-Bearing Liabilities	1.4	5.5	4.5	2.8	1.6	0.2
Total on Balance Sheet	11.1	230.3	24.4	318.6	15.9	415.0

^* The detailed maturity profile of lease liabilities is reported annually and assessed in interim reports.