H 
6.10
+4.10%
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 8.10bn
FY2016FY2025
Net income
SEK 17.0m
FY2016FY2025
Free cash flow
SEK 294.0m
FY2016FY2025
Shareholders' equity
SEK 4.89bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 8.10bn | SEK 7.71bn | SEK 10.65bn | SEK 5.14bn | SEK 1.58bn | SEK 36.0m | SEK 6.0m | SEK 3.2m | SEK 2.3m | SEK 940,958 |
| Research and development | — | SEK 42.0m | SEK 48.0m | SEK 25.0m | SEK 6.0m | SEK 3.0m | SEK 2.1m | — | — | — |
| Operating income | SEK 281.0m | SEK 346.0m | SEK 291.0m | SEK 256.0m | −SEK 140.0m | −SEK 37.0m | −SEK 15.5m | −SEK 10.1m | −SEK 9.7m | −SEK 7.1m |
| Net income | SEK 17.0m | SEK 124.0m | −SEK 106.0m | −SEK 36.0m | −SEK 342.0m | −SEK 50.6m | −SEK 15.7m | −SEK 10.3m | −SEK 10.0m | −SEK 6.9m |
| Diluted earnings per share | 0.04 | 0.27 | -0.24 | -0.13 | -1.36 | -0.54 | -0.44 | -0.57 | -1.25 | -1.18 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 8.78bn | SEK 9.35bn | SEK 8.92bn | SEK 8.90bn | SEK 6.89bn | SEK 481.3m | SEK 12.6m | SEK 11.7m | SEK 12.8m | SEK 10.1m |
| Cash and short-term investments | SEK 321.0m | SEK 432.0m | SEK 401.0m | SEK 380.0m | SEK 421.0m | SEK 81.9m | SEK 3.0m | SEK 3.2m | SEK 3.2m | SEK 835,241 |
| Total liabilities | SEK 3.89bn | SEK 4.12bn | SEK 4.05bn | SEK 4.86bn | SEK 3.76bn | SEK 181.9m | SEK 4.6m | SEK 3.2m | SEK 8.0m | SEK 4.7m |
| Debt | SEK 2.26bn | SEK 2.22bn | SEK 1.77bn | SEK 2.64bn | SEK 1.95bn | SEK 24.1m | SEK 755,100 | SEK 1.1m | SEK 4.4m | SEK 1.6m |
| Shareholders' equity | SEK 4.89bn | SEK 5.22bn | SEK 4.87bn | SEK 4.04bn | SEK 3.11bn | SEK 299.4m | SEK 8.0m | SEK 8.5m | SEK 4.7m | SEK 5.5m |
| Shares outstanding | 450m | 459m | 444m | 284m | 252m | 94m | 35m | 18m | 8m | 6m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 406.0m | SEK 285.0m | SEK 1.09bn | SEK 255.0m | −SEK 152.0m | −SEK 32.9m | −SEK 11.3m | −SEK 9.4m | −SEK 11.3m | — |
| Capital spending | −SEK 112.0m | −SEK 139.0m | −SEK 161.0m | −SEK 147.0m | −SEK 54.0m | −SEK 4.6m | −SEK 1.4m | −SEK 1.3m | −SEK 249,000 | — |
| Free cash flow | SEK 294.0m | SEK 146.0m | SEK 927.0m | SEK 108.0m | −SEK 206.0m | −SEK 37.5m | −SEK 12.7m | −SEK 10.7m | −SEK 11.6m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 2.00bn | SEK 1.99bn | SEK 2.12bn | SEK 2.09bn | SEK 1.98bn | SEK 1.90bn | SEK 2.09bn | SEK 1.98bn |
| Operating income | SEK 78.0m | SEK 71.0m | SEK 79.0m | SEK 31.0m | SEK 71.0m | SEK 71.0m | SEK 104.0m | SEK 96.0m |
| Net income | −SEK 573.0m | SEK 28.0m | SEK 15.0m | −SEK 15.0m | SEK 5.0m | SEK 11.0m | SEK 42.0m | SEK 27.0m |
| Diluted earnings per share | -1.27 | 0.06 | 0.03 | -0.03 | 0.01 | 0.02 | 0.09 | 0.06 |
| Cash from operations | SEK 34.0m | SEK 114.0m | SEK 181.0m | SEK 168.0m | SEK 44.0m | SEK 70.0m | SEK 105.0m | SEK 142.0m |
| Capital spending | −SEK 58.0m | −SEK 58.0m | −SEK 35.0m | −SEK 30.0m | −SEK 38.0m | −SEK 18.0m | −SEK 25.0m | −SEK 22.0m |
| Free cash flow | −SEK 24.0m | SEK 56.0m | SEK 146.0m | SEK 138.0m | SEK 6.0m | SEK 52.0m | SEK 80.0m | SEK 120.0m |
| Total assets | SEK 8.44bn | SEK 8.88bn | SEK 8.78bn | SEK 8.89bn | SEK 8.91bn | SEK 8.87bn | SEK 9.35bn | SEK 9.04bn |
| Cash and short-term investments | SEK 270.0m | SEK 294.0m | SEK 321.0m | SEK 219.0m | SEK 185.0m | SEK 254.0m | SEK 432.0m | SEK 262.0m |
| Debt | SEK 1.89bn | SEK 1.75bn | SEK 1.78bn | SEK 324.0m | SEK 1.78bn | SEK 1.72bn | SEK 1.86bn | SEK 1.67bn |
| Shareholders' equity | SEK 4.46bn | SEK 4.99bn | SEK 4.89bn | SEK 4.97bn | SEK 5.05bn | SEK 5.00bn | SEK 5.22bn | SEK 5.11bn |
Financial ratios
Data as of 23 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.5% | 4.9% | 2.7% | 5.0% | -7.5% | -102.8% | — |
| Net margin | 0.2% | 1.6% | -1.0% | -0.7% | -21.6% | -140.6% | — |
| Return on equity | 0.3% | 2.4% | -2.2% | -0.9% | -11.0% | -16.9% | — |
| Return on assets | 0.2% | 1.3% | -1.2% | -0.4% | -5.0% | -10.5% | — |
| Free cash flow yield | 20.2% | 16.2% | 49.5% | 24.9% | -6.8% | -5.3% | — |
| Revenue growth | 5.0% | -27.6% | 107.0% | 225.4% | 4291.7% | 503.9% | — |
| Earnings growth | -86.3% | -217.0% | 194.4% | -89.5% | 575.5% | 222.6% | — |
| Current ratio | 1.54x | 1.47x | 1.19x | 1.24x | 1.84x | 1.46x | — |
| Debt to equity | 0.36x | 0.36x | 0.31x | 0.63x | 0.60x | 0.09x | — |
| Equity ratio | 55.7% | 55.9% | 54.6% | 45.4% | 45.2% | 62.2% | — |
| Interest coverage | 1.64x | 1.74x | 0.77x | 1.08x | -1.57x | -12.30x | — |
| R&D as a share of sales | — | 0.5% | 0.5% | 0.5% | 0.4% | 8.3% | 35.4% |
| Buybacks as a share of market value | 2.0% | -3.5% | -56.1% | -12.6% | -168.5% | -164.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 16.3% | 195.4% | 138.5% |
| Operating income | 3.2% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.0% | 3.7% | 3.0% | 2.9% |
| Net margin | 0.9% | -0.0% | -1.2% | -1.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 204.8 | 46.1 | -47.6 | -77.1 | -20.7 | -27.8 | -3.1 | -1.5 | -1.6 | -1.7 |
| Price to sales | 0.4 | 0.7 | 0.5 | 0.5 | 4.5 | 39.0 | 8.2 | 4.7 | 7.1 | 12.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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