B 
155.50
-0.51%
Close of 9 Nov 2026, in SEK
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in SEK, from our data supplier.
Revenue
SEK 37.07bn
FY2016FY2025
Net income
SEK 2.33bn
FY2016FY2025
Free cash flow
SEK 3.79bn
FY2016FY2025
Shareholders' equity
SEK 21.80bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 37.07bn | SEK 35.66bn | SEK 32.15bn | SEK 22.64bn | SEK 16.90bn | SEK 14.06bn | SEK 14.82bn | SEK 13.01bn | SEK 9.83bn | SEK 9.04bn |
| Research and development | — | SEK 5.0m | SEK 5.0m | SEK 3.0m | SEK 2.0m | SEK 2.9m | SEK 3.1m | SEK 1.5m | — | — |
| Operating income | SEK 3.62bn | SEK 3.57bn | SEK 3.16bn | SEK 1.90bn | SEK 1.36bn | SEK 1.09bn | SEK 1.23bn | SEK 1.09bn | SEK 725.0m | SEK 592.8m |
| Net income | SEK 2.33bn | SEK 2.23bn | SEK 2.38bn | SEK 1.25bn | SEK 979.0m | SEK 722.3m | SEK 863.5m | SEK 769.3m | SEK 511.3m | SEK 388.8m |
| Diluted earnings per share | 4.56 | 4.39 | 4.69 | 3.00 | 2.33 | 1.89 | 2.08 | 2.02 | 1.34 | 1.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 44.52bn | SEK 46.15bn | SEK 39.17bn | SEK 21.89bn | SEK 15.30bn | SEK 11.40bn | SEK 11.08bn | SEK 9.84bn | SEK 7.46bn | SEK 6.85bn |
| Cash and short-term investments | SEK 3.42bn | SEK 3.06bn | SEK 1.96bn | SEK 1.52bn | SEK 1.00bn | SEK 1.15bn | SEK 795.0m | SEK 909.4m | SEK 559.4m | SEK 342.1m |
| Total liabilities | SEK 22.63bn | SEK 21.93bn | SEK 17.73bn | SEK 15.15bn | SEK 10.03bn | SEK 6.91bn | SEK 6.71bn | SEK 6.06bn | SEK 4.17bn | SEK 3.89bn |
| Debt | — | SEK 12.67bn | SEK 10.25bn | SEK 8.61bn | SEK 5.45bn | SEK 3.94bn | SEK 3.86bn | SEK 3.32bn | SEK 2.09bn | SEK 2.03bn |
| Shareholders' equity | SEK 21.80bn | SEK 24.07bn | SEK 21.32bn | SEK 6.60bn | SEK 5.17bn | SEK 4.41bn | SEK 4.28bn | SEK 3.70bn | SEK 3.23bn | SEK 2.92bn |
| Shares outstanding | 509m | 507m | 507m | 415m | 420m | 381m | 416m | 381m | 382m | 382m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 4.21bn | SEK 3.08bn | SEK 1.75bn | SEK 81.0m | SEK 89.1m | SEK 1.33bn | SEK 1.26bn | SEK 690.3m | SEK 502.2m | SEK 64.7m |
| Capital spending | −SEK 421.0m | −SEK 445.0m | −SEK 360.0m | −SEK 220.0m | −SEK 202.1m | −SEK 185.8m | −SEK 164.3m | −SEK 160.6m | −SEK 87.1m | −SEK 96.1m |
| Free cash flow | SEK 3.79bn | SEK 2.63bn | SEK 1.39bn | −SEK 139.0m | −SEK 113.0m | SEK 1.14bn | SEK 1.09bn | SEK 529.7m | SEK 415.1m | −SEK 31.4m |
| Dividends paid | −SEK 710.0m | −SEK 700.0m | −SEK 477.0m | −SEK 425.0m | −SEK 380.0m | −SEK 221.4m | −SEK 379.6m | −SEK 243.7m | −SEK 233.2m | −SEK 222.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 10.79bn | SEK 8.55bn | SEK 8.26bn | SEK 9.73bn | SEK 10.18bn | SEK 8.90bn | SEK 8.81bn | SEK 9.49bn |
| Operating income | SEK 1.25bn | SEK 746.0m | SEK 552.0m | SEK 1.08bn | SEK 1.19bn | SEK 778.0m | SEK 756.0m | SEK 1.03bn |
| Net income | SEK 829.0m | SEK 477.0m | SEK 326.0m | SEK 732.0m | SEK 789.0m | SEK 478.0m | SEK 451.0m | SEK 657.0m |
| Diluted earnings per share | 1.64 | 0.94 | 0.64 | 1.44 | 1.55 | 0.94 | 0.89 | 1.30 |
| Cash from operations | SEK 268.0m | SEK 324.0m | SEK 1.56bn | SEK 1.57bn | SEK 614.0m | SEK 462.0m | SEK 1.06bn | SEK 1.12bn |
| Capital spending | −SEK 268.0m | −SEK 324.0m | −SEK 1.56bn | −SEK 1.57bn | — | — | −SEK 445.0m | — |
| Free cash flow | SEK 0 | SEK 0 | SEK 0 | SEK 0 | — | — | SEK 611.0m | — |
| Total assets | SEK 49.22bn | SEK 46.74bn | SEK 44.52bn | SEK 45.38bn | SEK 45.75bn | SEK 45.09bn | SEK 46.15bn | SEK 44.17bn |
| Cash and short-term investments | SEK 2.53bn | SEK 2.87bn | SEK 3.42bn | SEK 3.52bn | SEK 2.69bn | SEK 2.43bn | SEK 3.06bn | SEK 1.90bn |
| Debt | SEK 9.64bn | SEK 4.39bn | SEK 12.92bn | SEK 885.0m | SEK 1.34bn | SEK 1.95bn | SEK 12.67bn | SEK 3.13bn |
| Shareholders' equity | SEK 23.59bn | SEK 22.94bn | SEK 21.80bn | SEK 21.98bn | SEK 21.87bn | SEK 22.13bn | SEK 24.07bn | SEK 22.48bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 17.9% | 21.4% | 16.1% |
| Operating income | 24.0% | 27.0% | 20.4% |
| Net income | 23.0% | 26.3% | 20.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.9% | 9.6% | 9.3% | 8.9% |
| Net margin | 6.3% | 6.4% | 6.2% | 6.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 32.6 | 37.1 | 28.8 | 49.0 | 84.9 | 64.8 | 43.1 | 23.5 | 25.7 | 23.0 |
| Price to sales | 2.0 | 2.3 | 2.1 | 2.7 | 4.9 | 3.3 | 2.5 | 1.4 | 1.3 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 24 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.75 | 1.40 | 1.30 | 0.94 | 1.007 | 0.916 | 0.534 | 0.916 |
- 3-for-1 split · 23 Apr 2021
- 3-for-1 split · 24 Apr 2018
- 2-for-1 split · 29 May 2012
- 2-for-1 split · 29 May 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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