G 
0.75
+4.46%
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 203.2m
FY2018FY2025
Net income
−SEK 7.2m
FY2018FY2025
Free cash flow
−SEK 68.8m
FY2018FY2025
Shareholders' equity
SEK 488.2m
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 203.2m | SEK 184.8m | SEK 178.4m | SEK 157.0m | SEK 117.3m | SEK 86.4m | SEK 60.5m | SEK 28.7m |
| Operating income | SEK 37.0m | SEK 60.7m | SEK 72.2m | SEK 56.5m | SEK 111.1m | SEK 34.8m | SEK 44.0m | SEK 32.6m |
| Net income | −SEK 7.2m | −SEK 32.9m | −SEK 76.1m | −SEK 29.1m | SEK 16.0m | −SEK 97.0m | −SEK 14.0m | SEK 3.0m |
| Diluted earnings per share | -0.13 | -0.58 | -1.33 | -0.71 | 0.50 | -3.36 | -0.24 | 0.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 2.30bn | SEK 2.53bn | SEK 2.03bn | SEK 1.97bn | SEK 1.75bn | SEK 1.26bn | SEK 1.20bn | SEK 674.7m |
| Cash and short-term investments | SEK 45.1m | SEK 89.9m | SEK 19.1m | SEK 60.7m | SEK 160.7m | SEK 73.3m | SEK 49.8m | SEK 29.9m |
| Total liabilities | SEK 1.81bn | SEK 1.95bn | SEK 1.46bn | SEK 1.45bn | SEK 1.25bn | SEK 1.05bn | SEK 1.03bn | SEK 487.5m |
| Debt | SEK 1.24bn | SEK 1.32bn | SEK 1.03bn | SEK 1.02bn | SEK 958.8m | SEK 882.7m | SEK 825.6m | SEK 393.6m |
| Shareholders' equity | SEK 488.2m | SEK 577.3m | SEK 569.7m | SEK 520.9m | SEK 499.5m | SEK 202.7m | SEK 174.9m | SEK 187.1m |
| Shares outstanding | 57m | 57m | 57m | 41m | 32m | 29m | 57m | 57m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 101.1m | SEK 133.8m | SEK 29.4m | SEK 176.8m | SEK 104.3m | −SEK 34.2m | SEK 44.7m | −SEK 44.0m |
| Capital spending | −SEK 169.9m | −SEK 301.7m | −SEK 248.3m | −SEK 359.2m | −SEK 296.3m | −SEK 136.3m | −SEK 480.3m | −SEK 261.7m |
| Free cash flow | −SEK 68.8m | −SEK 167.9m | −SEK 218.9m | −SEK 182.4m | −SEK 191.9m | −SEK 170.5m | −SEK 435.6m | −SEK 305.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 54.7m | SEK 31.9m | SEK 34.3m | SEK 68.1m | SEK 62.6m | SEK 38.2m | SEK 35.5m | SEK 59.7m |
| Operating income | SEK 11.4m | −SEK 13.9m | −SEK 8.8m | SEK 27.3m | SEK 31.9m | SEK 3.3m | −SEK 19,000 | SEK 27.1m |
| Net income | −SEK 1.1m | −SEK 27.5m | −SEK 17.4m | SEK 21.1m | SEK 10.0m | −SEK 20.9m | −SEK 28.6m | SEK 5.6m |
| Diluted earnings per share | -0.02 | -0.48 | -0.30 | 0.37 | 0.18 | -0.37 | -0.50 | 0.10 |
| Cash from operations | SEK 3.0m | SEK 7.0m | SEK 64.0m | SEK 42.0m | SEK 16.0m | −SEK 22.0m | −SEK 39.0m | SEK 131.0m |
| Capital spending | −SEK 33.0m | −SEK 49.0m | −SEK 52.0m | −SEK 27.0m | −SEK 82.0m | −SEK 7.0m | −SEK 81.0m | −SEK 187.0m |
| Free cash flow | −SEK 30.0m | −SEK 42.0m | SEK 12.0m | SEK 15.0m | −SEK 66.0m | −SEK 29.0m | −SEK 120.0m | −SEK 56.0m |
| Total assets | SEK 2.52bn | SEK 2.39bn | SEK 2.30bn | SEK 2.26bn | SEK 2.23bn | SEK 2.30bn | SEK 2.53bn | SEK 2.26bn |
| Cash and short-term investments | SEK 9.5m | SEK 8.0m | SEK 45.1m | SEK 27.4m | — | — | — | — |
| Debt | SEK 1.38bn | SEK 1.30bn | SEK 1.24bn | SEK 1.20bn | SEK 930.9m | SEK 960.0m | — | SEK 907.8m |
| Shareholders' equity | SEK 512.6m | SEK 488.7m | SEK 488.2m | SEK 508.3m | SEK 490.2m | SEK 504.8m | SEK 577.3m | SEK 576.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.0% | 18.7% | — |
| Operating income | -13.2% | 1.2% | — |
| Net income | -37.2% | -40.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | -12.6 | -2.9 | -3.0 | -17.2 | 60.4 |
| Price to sales | 0.5 | 0.5 | 1.3 | 3.2 | 8.3 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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