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Flat Capital AB (publ) FLAT B.ST · SEK

Financials · Nasdaq Stockholm · 🇸🇪 Sweden

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8.12

-0.12%

Close of 9 Nov 2026, in SEK

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At a glance

Figures in SEK, from our data supplier.

FY2025

Net income

−SEK 2.29bn

FY2016FY2025

Total assets

SEK 6.93bn

FY2016FY2025

Shareholders' equity

SEK 6.93bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Research and development——SEK 13SEK 3SEK 8SEK 57————
Operating income−SEK 2.28bnSEK 102.1m−SEK 85.5m−SEK 71.6mSEK 74.5mSEK 33.9mSEK 22.2m−SEK 305,953−SEK 119,801−SEK 203,161
Net income−SEK 2.29bnSEK 108.0m−SEK 83.4m−SEK 64.6mSEK 67.7mSEK 33.8mSEK 22.0m−SEK 937,216SEK 979,311SEK 1.4m
Diluted earnings per share-4.602.06-1.70-1.812.653.380.04-0.000.000.00

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsSEK 6.93bnSEK 663.2mSEK 414.0mSEK 347.8mSEK 345.6mSEK 93.1mSEK 58.1mSEK 10.2mSEK 10.3mSEK 6.2m
Cash and short-term investmentsSEK 144.1mSEK 158.8mSEK 162.4mSEK 76.2mSEK 47.7mSEK 1.5mSEK 1,000SEK 57,685SEK 41,955SEK 122,680
Total liabilitiesSEK 2.1mSEK 5.2mSEK 1.3mSEK 1.0mSEK 7.2mSEK 8.1mSEK 7.0mSEK 68,366SEK 46,141SEK 34,299
Debt—————SEK 8.0mSEK 6.8m———
Shareholders' equitySEK 6.93bnSEK 657.9mSEK 412.8mSEK 346.8mSEK 337.5mSEK 84.9mSEK 51.2mSEK 6.2mSEK 7.2mSEK 6.2m
Shares outstanding498m53m49m36m26m10m499m499m499m499m

Financial ratios

Data as of 15 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin-6581.2%7862.6%1358.1%-295.2%807.3%11283.4%—
Net margin-6612.3%8209.1%1339.5%-267.6%733.8%5665.1%—
Return on equity-33.1%16.4%-20.2%-18.6%20.1%39.7%—
Return on assets-33.1%16.3%-20.1%-18.6%19.6%36.3%—
Revenue growth2534.1%-121.1%-125.8%161.7%1449.0%-97.3%—
Earnings growth-2221.8%-229.5%28.9%-195.4%100.6%53.2%—
Current ratio68.01x30.34x129.02x73.06x92.35x15.21x—
Debt to equity————0.00x0.19x0.13x
Equity ratio100.0%99.2%99.7%99.7%97.7%91.3%—
Interest coverage-211.53x——-17833.00x703.11x513.35x138.76x
R&D as a share of sales——-0.0%0.0%0.0%0.0%—
Buybacks as a share of market value-847.9%-7.0%-37.7%-39.5%-155.3%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.8%125.4%—
Operating income217.1%—169.0%
Net income228.4%—169.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin-6070.7%-4341.7%-3501.9%—
Net margin-6070.2%-4324.5%-3498.2%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings-3.27.3-7.1-4.710.3
Price to sales212.1—-94.812.575.4

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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