L 
2.30
+1.77%
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
—
FY2016FY2025
Net income
−SEK 12.4m
FY2016FY2025
Free cash flow
−SEK 12.8m
FY2016FY2025
Shareholders' equity
SEK 55.5m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | SEK 326,000 | SEK 5.5m | SEK 26.7m | SEK 84.0m | SEK 10.8m | SEK 15.0m | SEK 8,146 | SEK 3.0m | — |
| Operating income | −SEK 13.0m | −SEK 47.2m | −SEK 38.6m | −SEK 6.9m | SEK 21.0m | −SEK 28.2m | −SEK 17.7m | −SEK 13.2m | −SEK 9.0m | −SEK 8.7m |
| Net income | −SEK 12.4m | −SEK 44.9m | −SEK 35.7m | −SEK 6.2m | SEK 21.0m | −SEK 30.8m | −SEK 17.8m | −SEK 13.1m | −SEK 9.0m | −SEK 8.7m |
| Diluted earnings per share | -0.62 | -2.27 | -1.80 | -0.31 | 1.13 | -4.13 | -5.54 | -13.07 | -10.51 | -14.69 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 56.7m | SEK 75.9m | SEK 120.6m | SEK 158.2m | SEK 166.2m | SEK 79.4m | SEK 43.8m | SEK 35.1m | SEK 8.1m | SEK 4.9m |
| Cash and short-term investments | SEK 5.8m | SEK 73.7m | SEK 101.4m | SEK 131.8m | SEK 136.7m | SEK 48.9m | SEK 13.2m | SEK 31.8m | SEK 4.9m | SEK 3.1m |
| Total liabilities | SEK 1.2m | SEK 4.3m | SEK 4.2m | SEK 6.1m | SEK 7.9m | SEK 8.0m | SEK 23.5m | SEK 14.7m | SEK 1.6m | SEK 809,661 |
| Debt | — | — | — | — | — | — | SEK 7.0m | — | — | — |
| Shareholders' equity | SEK 55.5m | SEK 71.6m | SEK 116.5m | SEK 152.1m | SEK 158.3m | SEK 71.4m | SEK 18.5m | SEK 20.5m | SEK 6.5m | SEK 4.1m |
| Shares outstanding | 20m | 20m | 20m | 20m | 19m | 7m | 3m | 1m | 1m | 1m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 12.8m | −SEK 29.9m | −SEK 30.6m | −SEK 16.7m | SEK 22.1m | −SEK 38.3m | −SEK 21.6m | SEK 227,598 | −SEK 9.5m | −SEK 8.8m |
| Capital spending | — | — | −SEK 108,900 | — | −SEK 147,732 | −SEK 104,348 | — | −SEK 430,200 | — | −SEK 77,300 |
| Free cash flow | −SEK 12.8m | −SEK 29.9m | −SEK 30.7m | −SEK 16.7m | SEK 22.0m | −SEK 38.4m | −SEK 21.6m | −SEK 202,602 | −SEK 9.5m | −SEK 8.9m |
| Dividends paid | −SEK 4.0m | — | — | — | — | — | — | — | — | −SEK 534,324 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 50,000 | SEK 50,000 | SEK 271,000 | SEK 271,000 | −SEK 119,000 | −SEK 119,000 | SEK 2.0m | SEK 793,000 |
| Operating income | −SEK 1.0m | −SEK 1.0m | −SEK 6.5m | −SEK 6.5m | −SEK 6.0m | −SEK 6.0m | −SEK 16.5m | −SEK 9.0m |
| Net income | SEK 610,500 | SEK 610,500 | −SEK 10,000 | −SEK 10,000 | −SEK 6.2m | −SEK 6.2m | −SEK 14.2m | −SEK 9.0m |
| Diluted earnings per share | 0.03 | 0.03 | -0.00 | -0.00 | -0.31 | -0.31 | -0.71 | -0.45 |
| Cash from operations | — | — | −SEK 1.0m | −SEK 1.0m | −SEK 4.0m | −SEK 4.0m | −SEK 6.0m | −SEK 5.0m |
| Total assets | SEK 57.6m | SEK 57.6m | SEK 56.7m | SEK 56.7m | SEK 61.2m | SEK 61.2m | SEK 75.9m | SEK 91.2m |
| Cash and short-term investments | SEK 6.2m | SEK 6.2m | SEK 5.8m | SEK 5.8m | SEK 60.3m | SEK 60.3m | SEK 73.7m | SEK 76.7m |
| Shareholders' equity | SEK 56.7m | SEK 56.7m | SEK 55.5m | SEK 55.5m | SEK 55.3m | SEK 55.3m | SEK 71.6m | SEK 85.7m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Operating income | 23.2% | -14.4% | 7.6% |
| Net income | 26.1% | -16.7% | 6.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.6 | -1.1 | -1.5 | -14.6 | 5.0 | -1.6 | -1.9 | -1.3 | -1.1 | -1.4 |
| Price to sales | — | 144.6 | 9.6 | 3.4 | 1.3 | 4.5 | 2.3 | — | 3.3 | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 8 May 2026.
| FY2026 | FY2025 | |
|---|---|---|
| Paid in the year | 0.02 | 0.20 |
- 20-to-1 reverse split · 7 Jun 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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