C 
741.00
+1.37%
Close of 9 Nov 2026, in SEK
Search any instrument
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 2.27bn
FY2016FY2025
Net income
SEK 735.6m
FY2016FY2025
Free cash flow
SEK 730.8m
FY2016FY2025
Shareholders' equity
SEK 4.24bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 2.27bn | SEK 1.87bn | SEK 1.72bn | SEK 956.3m | SEK 600.6m | SEK 336.0m | SEK 105.6m | SEK 49.3m | SEK 54.3m | SEK 113.7m |
| Gross profit | SEK 2.11bn | SEK 1.74bn | SEK 1.59bn | SEK 853.1m | SEK 515.2m | SEK 300.7m | SEK 82.3m | SEK 42.5m | SEK 53.0m | SEK 111.6m |
| Research and development | SEK 516.9m | SEK 683.6m | SEK 637.7m | SEK 473.8m | SEK 388.7m | SEK 238.7m | SEK 249.2m | SEK 207.7m | SEK 222.9m | SEK 172.1m |
| Operating income | SEK 884.2m | SEK 469.2m | SEK 532.4m | SEK 72.0m | −SEK 112.4m | −SEK 205.2m | −SEK 360.0m | −SEK 287.2m | −SEK 243.5m | −SEK 102.5m |
| Net income | SEK 735.6m | SEK 428.4m | SEK 431.4m | SEK 55.6m | −SEK 90.4m | −SEK 167.3m | −SEK 289.9m | −SEK 234.7m | −SEK 190.6m | −SEK 81.0m |
| Diluted earnings per share | 12.20 | 7.15 | 7.77 | 0.97 | -1.59 | -3.01 | -5.41 | -5.02 | -4.55 | -1.97 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 4.74bn | SEK 3.76bn | SEK 1.91bn | SEK 1.31bn | SEK 1.08bn | SEK 1.04bn | SEK 772.0m | SEK 364.7m | SEK 475.9m | SEK 639.8m |
| Cash and short-term investments | SEK 3.73bn | SEK 2.85bn | SEK 1.19bn | SEK 565.5m | SEK 411.6m | SEK 461.8m | SEK 358.7m | SEK 134.4m | SEK 314.5m | SEK 508.6m |
| Total liabilities | SEK 504.6m | SEK 467.3m | SEK 414.8m | SEK 301.8m | SEK 233.0m | SEK 196.7m | SEK 140.4m | SEK 112.4m | SEK 90.9m | SEK 75.4m |
| Debt | SEK 106.0m | SEK 17.0m | SEK 24.5m | SEK 26.2m | SEK 25.7m | SEK 25.5m | SEK 27.3m | — | — | — |
| Shareholders' equity | SEK 4.24bn | SEK 3.29bn | SEK 1.49bn | SEK 999.0m | SEK 848.9m | SEK 847.4m | SEK 631.6m | SEK 252.3m | SEK 385.0m | SEK 564.4m |
| Shares outstanding | 60m | 60m | 56m | 58m | 57m | 56m | 54m | 47m | 42m | 41m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 869.3m | SEK 388.0m | SEK 606.9m | SEK 101.2m | −SEK 143.4m | −SEK 238.8m | −SEK 404.4m | −SEK 274.1m | −SEK 203.1m | −SEK 207.8m |
| Capital spending | −SEK 138.5m | −SEK 29.4m | −SEK 10.1m | −SEK 1.9m | −SEK 4.9m | −SEK 3.3m | −SEK 25.9m | −SEK 4.8m | −SEK 2.1m | −SEK 4.6m |
| Free cash flow | SEK 730.8m | SEK 358.6m | SEK 596.8m | SEK 99.3m | −SEK 148.4m | −SEK 242.2m | −SEK 430.3m | −SEK 278.8m | −SEK 205.2m | −SEK 212.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 702.1m | SEK 533.1m | SEK 464.5m | SEK 567.1m | SEK 675.5m | SEK 558.3m | SEK 553.1m | SEK 479.6m |
| Gross profit | SEK 657.9m | SEK 489.1m | SEK 428.1m | SEK 521.3m | SEK 634.4m | SEK 519.0m | SEK 519.8m | SEK 446.1m |
| Operating income | SEK 292.5m | SEK 180.8m | SEK 112.8m | SEK 237.3m | SEK 292.0m | SEK 238.9m | SEK 166.1m | SEK 141.8m |
| Net income | SEK 240.8m | SEK 143.8m | SEK 100.9m | SEK 192.6m | SEK 244.8m | SEK 197.3m | SEK 147.0m | SEK 129.3m |
| Diluted earnings per share | 4.05 | 2.42 | 1.67 | 3.19 | 4.06 | 3.27 | 2.45 | 2.16 |
| Cash from operations | SEK 234.0m | SEK 162.0m | SEK 255.0m | SEK 160.0m | SEK 375.0m | SEK 77.0m | SEK 103.0m | SEK 149.0m |
| Capital spending | −SEK 41.0m | −SEK 39.0m | −SEK 45.0m | −SEK 30.0m | −SEK 27.0m | −SEK 34.0m | −SEK 19.0m | −SEK 5.0m |
| Free cash flow | SEK 193.0m | SEK 123.0m | SEK 210.0m | SEK 130.0m | SEK 348.0m | SEK 43.0m | SEK 84.0m | SEK 144.0m |
| Total assets | SEK 5.31bn | SEK 4.96bn | SEK 4.74bn | SEK 4.63bn | SEK 4.42bn | SEK 3.97bn | SEK 3.76bn | SEK 3.57bn |
| Cash and short-term investments | SEK 4.07bn | SEK 3.88bn | SEK 3.73bn | SEK 3.51bn | SEK 3.35bn | SEK 2.88bn | SEK 2.85bn | SEK 2.75bn |
| Debt | SEK 21.6m | SEK 21.4m | SEK 106.0m | SEK 106.3m | SEK 103.8m | SEK 106.6m | SEK 17.0m | SEK 9.9m |
| Shareholders' equity | SEK 4.68bn | SEK 4.42bn | SEK 4.24bn | SEK 4.12bn | SEK 3.87bn | SEK 3.49bn | SEK 3.29bn | SEK 3.11bn |
Financial ratios
Data as of 23 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 93.1% | 93.1% | 92.9% | 89.2% | 85.8% | 89.5% |
| Operating margin | 39.0% | 25.1% | 31.0% | 7.5% | -18.7% | -61.1% |
| Net margin | 32.5% | 22.9% | 25.1% | 5.8% | -15.1% | -49.8% |
| Return on equity | 17.4% | 13.0% | 28.9% | 5.6% | -10.7% | -19.7% |
| Return on assets | 15.5% | 11.4% | 22.6% | 4.3% | -8.4% | -16.0% |
| Free cash flow yield | 2.7% | 1.1% | 1.8% | 0.3% | -0.4% | -0.7% |
| Revenue growth | 21.3% | 8.8% | 79.5% | 59.2% | 78.7% | 218.2% |
| Earnings growth | 71.7% | -0.7% | 676.6% | -161.4% | -45.9% | -42.3% |
| Current ratio | 12.09x | 8.09x | 4.41x | 3.36x | 3.19x | 3.79x |
| Debt to equity | 0.00x | 0.00x | 0.01x | 0.01x | 0.01x | 0.07x |
| Equity ratio | 89.4% | 87.6% | 78.3% | 76.5% | 78.5% | 81.2% |
| Interest coverage | 153.56x | 432.81x | 417.53x | 47.15x | -82.31x | -133.18x |
| R&D as a share of sales | 22.8% | 36.6% | 37.1% | 49.5% | 64.7% | 71.0% |
| Buybacks as a share of market value | -0.6% | -7.9% | 3.5% | -1.5% | -1.9% | -3.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 33.3% | 46.5% | 30.8% |
| Operating income | 130.8% | — | — |
| Net income | 136.6% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 93.1% | 92.5% | 91.8% | 91.9% |
| Operating margin | 32.7% | 28.8% | 21.2% | 5.4% |
| Net margin | 28.2% | 24.3% | 18.0% | 5.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 50.5 | 79.1 | 69.3 | 261.7 | -94.6 | -62.0 | -15.6 | -12.2 | -27.4 | -54.1 |
| Price to sales | 16.4 | 18.1 | 17.4 | 15.2 | 14.2 | 30.9 | 42.9 | 58.0 | 96.0 | 38.5 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.