90.40
+8.65%
Close of 9 Nov 2026, in SEK
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About Ferronordic
Its shares trade on Nasdaq Stockholm under the ticker FNM.ST. It has been listed since 27 October 2017. In the fiscal year to 31 December 2025, it reported revenue of SEK 4.57bn and a net loss of SEK 199.0m. At that date it held total assets of SEK 3.99bn and shareholders' equity of SEK 1.31bn.
Ferronordic AB engages in the distribution and trade of construction equipment. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2017-10-27. The company operates as an authorized dealer of Volvo Construction Equipment, Renault trucks and Volvo CE. Additionally, it distributes Volvo and Renault Trucks, Volvo Penta, among others. Through its business segment, Equipment Distribution, the Company offers sale and rental of new and used machines and other equipment, contracting services, as well as aftermarket support (sales of parts and service). The firm distributes excavators, backhoe loaders, dump trucks, pipelayers, forestry machines, bulldozers and gensets. The firm provides its services to other companies in the Quarries and aggregates, mining, road construction, transport and logistic and general construction industries
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Listed since
- 27 Oct 2017
- Employees
- 502
- Website
- ferronordic.com ↗
Leadership
Pay as last reported
- Mr. Staffan JuforsIndependent Chairman of the BoardSEK 800,000
- Mr. Lars CorneliussonPresident, Chief Executive Officer, DirectorSEK 8.8m
- Mr. Dan EliassonDeputy Chief Executive Officer, General Counsel, Head of Treasury
- Mr. Henrik CarlborgDeputy Chief Executive Officer, Business Development Director
- Mr. Erik DanemarGroup Chief Financial Officer and Head of Investor RelationsSEK 63,000
- Ms. Nadia SemiletovaHuman Resources Director
- Mr. Onur GucumCommercial Director
- Mr. Anton ZheliapovDirector - Rental and Used Business
- Mr. Hakan ErikssonDirectorSEK 400,000
- Ms. Aurore BelfrageIndependent DirectorSEK 400,000
- Ms. Annette Brodin RampeIndependent DirectorSEK 400,000
- Mr. Niklas FlorenIndependent DirectorSEK 400,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 62
- Environment
- 58
- Social
- 76
- Governance
- 53
- Direct emissions (scope 1)
- 74,132 t
- Energy emissions (scope 2)
- 1,667 t
- Value chain emissions (scope 3)
- 879 t
- Women in the workforce
- 43.47236%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Authorized dealer of Volvo Construction Equipment and Renault trucks in Sweden.
- Distributes excavators, backhoe loaders, and dump trucks to key industries.
- Offers comprehensive equipment rental and aftermarket support services.
Weaknesses
- Relies heavily on Volvo and Renault for product distribution.
- Limited to construction equipment distribution without diversification.
- Operates primarily in Sweden with no international expansion.
Opportunities
- Expands into new markets like mining and road construction sectors.
- Increases market share in the Swedish construction equipment industry.
- Partners with additional manufacturers for broader product range.
Threats
- Dependence on Volvo and Renault may lead to supply chain disruptions.
- Economic downturns could reduce demand for construction equipment.
- Competition from other distributors in the Swedish market.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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