B 
124.30
+1.80%
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 1.54bn
FY2016FY2025
Net income
SEK 332.8m
FY2016FY2025
Free cash flow
SEK 303.0m
FY2016FY2025
Shareholders' equity
SEK 1.31bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.54bn | SEK 1.42bn | SEK 1.30bn | SEK 1.10bn | SEK 785.1m | SEK 747.1m | SEK 768.3m | SEK 741.9m | SEK 615.0m | SEK 534.7m |
| Gross profit | SEK 1.13bn | SEK 1.03bn | SEK 950.2m | SEK 801.9m | SEK 583.0m | SEK 546.9m | SEK 564.0m | SEK 555.9m | SEK 463.3m | SEK 387.8m |
| Research and development | SEK 115.7m | SEK 157.1m | SEK 106.8m | SEK 106.8m | SEK 105.5m | SEK 104.7m | SEK 105.1m | SEK 99.7m | SEK 75.7m | SEK 63.8m |
| Operating income | SEK 412.5m | SEK 423.4m | SEK 443.1m | SEK 361.5m | SEK 253.7m | SEK 228.2m | SEK 242.5m | SEK 277.4m | SEK 233.8m | SEK 199.4m |
| Net income | SEK 332.8m | SEK 351.4m | SEK 365.4m | SEK 373.8m | SEK 196.3m | SEK 179.7m | SEK 187.3m | SEK 214.9m | SEK 180.6m | SEK 227.6m |
| Diluted earnings per share | 3.29 | 3.47 | 3.62 | 3.70 | 1.95 | 1.89 | 2.16 | 2.48 | 2.08 | 2.62 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 1.60bn | SEK 2.03bn | SEK 2.33bn | SEK 2.21bn | SEK 2.13bn | SEK 1.91bn | SEK 665.9m | SEK 660.0m | SEK 576.1m | SEK 489.0m |
| Cash and short-term investments | SEK 801.3m | SEK 1.22bn | SEK 1.54bn | SEK 1.49bn | SEK 1.48bn | SEK 1.47bn | SEK 218.8m | SEK 289.8m | SEK 310.9m | SEK 243.1m |
| Total liabilities | SEK 283.6m | SEK 310.1m | SEK 305.5m | SEK 241.5m | SEK 250.7m | SEK 167.0m | SEK 158.0m | SEK 151.9m | SEK 112.2m | SEK 73.8m |
| Debt | SEK 6.9m | SEK 7.1m | SEK 8.8m | SEK 16.0m | SEK 10.4m | SEK 29.6m | SEK 26.2m | −SEK 24.9m | −SEK 36.6m | −SEK 21.8m |
| Shareholders' equity | SEK 1.31bn | SEK 1.72bn | SEK 2.03bn | SEK 1.97bn | SEK 1.88bn | SEK 1.75bn | SEK 507.9m | SEK 505.0m | SEK 463.9m | SEK 415.2m |
| Shares outstanding | 101m | 101m | 101m | 101m | 101m | 95m | 87m | 87m | 87m | 87m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 306.6m | SEK 373.2m | SEK 426.0m | SEK 318.9m | SEK 221.9m | SEK 221.3m | SEK 147.9m | SEK 183.1m | SEK 222.6m | SEK 147.9m |
| Capital spending | −SEK 3.6m | −SEK 14.2m | −SEK 48.7m | −SEK 17.9m | −SEK 6.4m | −SEK 16.1m | −SEK 39.0m | −SEK 13.5m | −SEK 26.6m | −SEK 5.6m |
| Free cash flow | SEK 303.0m | SEK 359.1m | SEK 377.3m | SEK 301.0m | SEK 215.5m | SEK 205.2m | SEK 108.8m | SEK 169.7m | SEK 196.0m | SEK 142.3m |
| Dividends paid | −SEK 698.0m | −SEK 696.8m | −SEK 292.8m | −SEK 301.3m | −SEK 68.9m | −SEK 65.0m | −SEK 173.4m | −SEK 156.0m | −SEK 130.0m | −SEK 124.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 440.9m | SEK 372.6m | SEK 440.6m | SEK 326.6m | SEK 404.7m | SEK 366.3m | SEK 364.8m | SEK 304.0m |
| Gross profit | SEK 320.9m | SEK 266.8m | SEK 323.8m | SEK 242.5m | SEK 293.9m | SEK 268.4m | SEK 258.5m | SEK 222.3m |
| Operating income | SEK 125.2m | SEK 101.2m | SEK 121.0m | SEK 90.0m | SEK 108.3m | SEK 97.1m | SEK 103.4m | SEK 41.4m |
| Net income | SEK 103.2m | SEK 79.4m | SEK 98.8m | SEK 65.9m | SEK 87.9m | SEK 80.2m | SEK 81.9m | SEK 36.6m |
| Diluted earnings per share | 1.02 | 0.78 | 0.98 | 0.65 | 0.87 | 0.79 | 0.81 | 0.36 |
| Cash from operations | SEK 50.0m | SEK 70.0m | SEK 83.0m | SEK 110.0m | SEK 77.0m | SEK 35.0m | SEK 103.0m | SEK 100.0m |
| Capital spending | −SEK 12.0m | −SEK 1.0m | — | −SEK 1.0m | −SEK 1.0m | — | −SEK 1.0m | −SEK 2.0m |
| Free cash flow | SEK 38.0m | SEK 69.0m | — | SEK 109.0m | SEK 76.0m | — | SEK 102.0m | SEK 98.0m |
| Total assets | SEK 1.34bn | SEK 1.69bn | SEK 1.60bn | SEK 1.49bn | SEK 1.43bn | SEK 2.03bn | SEK 2.03bn | SEK 1.90bn |
| Cash and short-term investments | SEK 446.3m | SEK 871.8m | SEK 801.3m | SEK 728.1m | SEK 622.3m | SEK 1.25bn | SEK 1.22bn | SEK 1.11bn |
| Debt | — | — | SEK 6.9m | — | — | — | SEK 7.1m | — |
| Shareholders' equity | SEK 1.10bn | SEK 1.40bn | SEK 1.31bn | SEK 1.22bn | SEK 1.15bn | SEK 1.78bn | SEK 1.72bn | SEK 1.62bn |
Financial ratios
Data as of 5 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 73.4% | 72.4% | 73.3% | 72.6% | 74.3% | 73.2% |
| Operating margin | 26.8% | 29.8% | 34.2% | 32.7% | 32.3% | 30.5% |
| Net margin | 21.6% | 24.7% | 28.2% | 33.9% | 25.0% | 24.1% |
| Return on equity | 25.3% | 20.4% | 18.0% | 19.0% | 10.5% | 10.3% |
| Return on assets | 20.8% | 17.3% | 15.6% | 16.9% | 9.2% | 9.4% |
| Free cash flow yield | 2.6% | 3.3% | 4.0% | 2.9% | 1.9% | 2.1% |
| Revenue growth | 8.1% | 9.7% | 17.4% | 40.6% | 5.1% | -2.8% |
| Earnings growth | -5.3% | -3.8% | -2.3% | 90.4% | 9.2% | -4.1% |
| Current ratio | 6.12x | 7.81x | 9.46x | 10.89x | 13.80x | 12.51x |
| Debt to equity | 0.01x | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x |
| Equity ratio | 82.3% | 84.8% | 87.0% | 89.1% | 88.2% | 91.3% |
| Interest coverage | 48.84x | 28.37x | 547.72x | 67.11x | 224.15x | 316.00x |
| R&D as a share of sales | 7.5% | 11.0% | 8.2% | 9.7% | 13.4% | 14.0% |
| Buybacks as a share of market value | 0.0% | -0.2% | 0.0% | -0.3% | -5.8% | -9.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.7% | 15.5% | 12.3% |
| Operating income | 4.5% | 12.6% | 10.5% |
| Net income | -3.8% | 13.1% | 10.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 72.9% | 73.0% | 73.1% | 73.2% |
| Operating margin | 28.2% | 30.6% | 30.8% | 32.2% |
| Net margin | 23.1% | 26.5% | 26.1% | 27.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 32.2 | 32.2 | 28.0 | 22.6 | 53.2 | 56.9 | 39.3 | 25.6 | 31.3 | 22.9 |
| Price to sales | 7.0 | 8.0 | 7.9 | 7.6 | 13.3 | 13.7 | 9.6 | 7.4 | 9.2 | 9.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 17 years. Last went ex-dividend on 8 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 4.00 | 6.90 | 6.90 | 2.90 | 2.984 | 0.682 | 0.75 | 2.00 |
- 5-for-1 split · 18 May 2022
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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