N 
73.80
+2.50%
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 3.74bn
FY2016FY2025
Net income
SEK 206.0m
FY2016FY2025
Free cash flow
SEK 283.5m
FY2016FY2025
Shareholders' equity
SEK 1.44bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 3.74bn | SEK 3.61bn | SEK 4.09bn | SEK 4.46bn | SEK 3.22bn | SEK 2.12bn | SEK 1.78bn | SEK 1.62bn | SEK 1.40bn | SEK 1.22bn |
| Research and development | — | — | — | SEK 1.6m | SEK 3.5m | SEK 2.7m | SEK 1.6m | SEK 1.4m | SEK 1.6m | SEK 1.2m |
| Operating income | SEK 326.4m | SEK 386.1m | SEK 591.4m | SEK 580.8m | SEK 387.2m | SEK 182.3m | SEK 161.7m | SEK 127.6m | SEK 65.6m | SEK 95.8m |
| Net income | SEK 206.0m | SEK 254.9m | SEK 403.7m | SEK 417.0m | SEK 284.9m | SEK 127.4m | SEK 128.3m | SEK 104.5m | SEK 40.3m | SEK 65.0m |
| Diluted earnings per share | 1.10 | 1.36 | 2.16 | 2.22 | 1.52 | 0.68 | 0.76 | 0.62 | 0.24 | 0.39 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 3.52bn | SEK 3.39bn | SEK 3.22bn | SEK 3.04bn | SEK 2.66bn | SEK 1.48bn | SEK 873.1m | SEK 722.5m | SEK 554.3m | SEK 533.3m |
| Cash and short-term investments | SEK 333.8m | SEK 310.6m | SEK 478.6m | SEK 357.8m | SEK 136.7m | SEK 449.0m | SEK 82.2m | SEK 113.9m | SEK 31.2m | SEK 39.9m |
| Total liabilities | SEK 2.08bn | SEK 1.94bn | SEK 1.89bn | SEK 1.85bn | SEK 1.89bn | SEK 783.1m | SEK 525.0m | SEK 425.9m | SEK 447.9m | SEK 373.6m |
| Debt | SEK 1.16bn | SEK 1.08bn | SEK 1.07bn | SEK 923.5m | SEK 871.2m | SEK 363.7m | SEK 127.0m | SEK 85.0m | SEK 165.1m | SEK 127.8m |
| Shareholders' equity | SEK 1.44bn | SEK 1.45bn | SEK 1.34bn | SEK 1.20bn | SEK 773.4m | SEK 699.7m | SEK 347.9m | SEK 296.4m | SEK 106.2m | SEK 159.5m |
| Shares outstanding | 187m | 187m | 187m | 187m | 187m | 187m | 168m | 168m | 168m | 168m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 286.9m | SEK 354.2m | SEK 700.4m | SEK 568.1m | SEK 48.3m | SEK 194.3m | SEK 153.0m | SEK 70.0m | SEK 37.4m | SEK 81.5m |
| Capital spending | −SEK 3.4m | −SEK 5.0m | −SEK 52.7m | −SEK 42.7m | −SEK 4.8m | −SEK 2.1m | −SEK 6.8m | −SEK 2.4m | −SEK 4.2m | −SEK 6.5m |
| Free cash flow | SEK 283.5m | SEK 349.2m | SEK 647.7m | SEK 525.3m | SEK 43.5m | SEK 192.3m | SEK 146.2m | SEK 67.6m | SEK 33.2m | SEK 75.1m |
| Dividends paid | −SEK 98,000 | −SEK 205.8m | −SEK 205.7m | −SEK 112.2m | −SEK 280.5m | −SEK 280.5m | −SEK 75.8m | −SEK 2.7m | −SEK 90.1m | −SEK 101,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.17bn | SEK 1.07bn | SEK 901.9m | SEK 949.2m | SEK 934.0m | SEK 958.3m | SEK 830.3m | SEK 898.0m |
| Operating income | SEK 122.9m | SEK 111.1m | SEK 76.4m | SEK 90.6m | SEK 78.3m | SEK 82.7m | SEK 53.3m | SEK 123.7m |
| Net income | SEK 84.3m | SEK 74.6m | SEK 52.7m | SEK 60.8m | SEK 40.3m | SEK 52.1m | SEK 41.5m | SEK 50.2m |
| Diluted earnings per share | 0.45 | 0.40 | 0.28 | 0.32 | 0.22 | 0.28 | 0.22 | 0.27 |
| Cash from operations | — | SEK 65.0m | SEK 21.0m | SEK 118.0m | SEK 93.0m | SEK 53.0m | SEK 45.0m | SEK 119.0m |
| Capital spending | — | −SEK 1.0m | −SEK 1.0m | — | −SEK 3.0m | — | −SEK 1.0m | −SEK 2.0m |
| Free cash flow | — | SEK 64.0m | SEK 20.0m | — | SEK 90.0m | — | SEK 44.0m | SEK 117.0m |
| Total assets | SEK 4.17bn | SEK 3.76bn | SEK 3.52bn | SEK 3.44bn | SEK 3.43bn | SEK 3.25bn | SEK 3.39bn | SEK 3.23bn |
| Cash and short-term investments | — | SEK 397.0m | SEK 333.8m | SEK 374.6m | SEK 283.6m | SEK 332.4m | SEK 310.6m | SEK 466.4m |
| Debt | SEK 1.24bn | SEK 1.12bn | SEK 1.19bn | SEK 1.06bn | SEK 1.11bn | SEK 1.07bn | SEK 1.08bn | SEK 1.12bn |
| Shareholders' equity | SEK 1.49bn | SEK 1.58bn | SEK 1.44bn | SEK 1.43bn | SEK 1.40bn | SEK 1.36bn | SEK 1.45bn | SEK 1.33bn |
Financial ratios
Data as of 7 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 8.7% | 10.7% | 14.5% | 13.0% | 12.5% | 8.2% | — | — | — |
| Net margin | 5.5% | 7.1% | 9.9% | 9.4% | 8.8% | 6.0% | — | — | — |
| Return on equity | 14.3% | 17.6% | 30.2% | 34.9% | 36.8% | 18.2% | — | — | — |
| Return on assets | 5.9% | 7.5% | 12.5% | 13.7% | 10.7% | 8.6% | — | — | — |
| Free cash flow yield | 1.8% | 2.2% | 4.6% | 3.7% | 0.3% | 1.2% | — | — | — |
| Revenue growth | 3.6% | -11.6% | -8.3% | 38.5% | 52.2% | 18.8% | — | — | — |
| Earnings growth | -19.2% | -36.9% | -3.2% | 46.3% | 123.7% | -0.7% | — | — | — |
| Current ratio | 1.78x | 1.75x | 1.80x | 1.90x | 1.31x | 2.27x | — | — | — |
| Debt to equity | 0.80x | 0.74x | 0.77x | 0.72x | 1.09x | 0.49x | — | — | — |
| Equity ratio | 40.9% | 42.7% | 41.4% | 39.3% | 29.1% | 47.2% | — | — | — |
| Interest coverage | 6.43x | 6.07x | 8.74x | 18.95x | 36.90x | 13.93x | — | — | — |
| R&D as a share of sales | — | — | — | 0.0% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Buybacks as a share of market value | 0.1% | -0.2% | 0.3% | -0.1% | -0.1% | -11.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.7% | 12.1% | 12.0% |
| Operating income | -17.5% | 12.3% | 16.3% |
| Net income | -20.9% | 10.1% | 14.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 9.7% | 11.9% | 11.6% | 10.5% |
| Net margin | 6.3% | 8.1% | 8.0% | 7.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 43.4 | 47.4 | 33.9 | 29.2 | 57.5 | 38.5 | 20.5 | 13.9 |
| Price to sales | 2.4 | 3.3 | 3.4 | 2.7 | 5.1 | 2.3 | 1.5 | 0.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 8 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 1.10 | 1.10 | 1.10 | 1.10 | 0.60 | 1.50 | 0.45 |
- 10-for-1 split · 28 Dec 2021
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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