N 
2.67
+6.80%
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 521.2m
FY2016FY2025
Net income
−SEK 7.6m
FY2016FY2025
Free cash flow
−SEK 127.1m
FY2016FY2025
Shareholders' equity
SEK 626.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 521.2m | SEK 608.0m | SEK 559.4m | SEK 475.1m | SEK 380.7m | SEK 398.9m | SEK 448.6m | SEK 451.6m | SEK 426.7m | SEK 503.5m |
| Gross profit | SEK 274.5m | SEK 372.8m | SEK 341.8m | SEK 294.4m | SEK 228.4m | SEK 243.7m | SEK 282.3m | SEK 262.4m | SEK 248.0m | SEK 315.6m |
| Research and development | SEK 46.1m | SEK 49.6m | SEK 107.0m | SEK 51.4m | SEK 53.0m | SEK 69.1m | SEK 70.8m | SEK 64.9m | SEK 63.1m | SEK 72.0m |
| Operating income | SEK 4.7m | SEK 78.9m | SEK 70.9m | SEK 60.5m | SEK 29.9m | −SEK 18.6m | SEK 13.2m | −SEK 75.1m | −SEK 9.5m | SEK 52.4m |
| Net income | −SEK 7.6m | SEK 71.0m | SEK 60.1m | SEK 54.0m | −SEK 13.1m | −SEK 9.2m | −SEK 4.6m | −SEK 58.2m | SEK 3.7m | SEK 37.4m |
| Diluted earnings per share | -0.02 | 0.21 | 0.17 | 0.15 | -0.03 | -0.02 | -0.01 | -0.15 | 0.01 | 0.10 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 799.6m | SEK 834.8m | SEK 838.4m | SEK 845.2m | SEK 828.6m | SEK 862.4m | SEK 686.5m | SEK 649.9m | SEK 696.9m | SEK 730.3m |
| Cash and short-term investments | SEK 82.7m | SEK 232.9m | SEK 266.4m | SEK 307.1m | SEK 353.7m | SEK 282.0m | SEK 52.3m | SEK 92.9m | SEK 177.7m | SEK 214.9m |
| Total liabilities | SEK 173.5m | SEK 188.4m | SEK 216.2m | SEK 240.1m | SEK 182.1m | SEK 169.8m | SEK 222.7m | SEK 156.1m | SEK 148.9m | SEK 165.0m |
| Debt | SEK 39.4m | SEK 13.3m | SEK 24.3m | SEK 32.2m | SEK 34.2m | SEK 45.7m | SEK 52.1m | −SEK 52.0m | −SEK 51.4m | −SEK 50.6m |
| Shareholders' equity | SEK 626.1m | SEK 646.4m | SEK 622.2m | SEK 605.1m | SEK 646.5m | SEK 692.6m | SEK 463.7m | SEK 493.9m | SEK 548.0m | SEK 565.3m |
| Shares outstanding | 340m | 345m | 350m | 364m | 377m | 383m | 383m | 383m | 385m | 385m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 39.4m | SEK 128.2m | SEK 107.3m | SEK 148.8m | SEK 103.7m | SEK 15.9m | SEK 60.8m | SEK 22.7m | SEK 71.3m | SEK 112.1m |
| Capital spending | −SEK 87.7m | −SEK 103.3m | −SEK 96.1m | −SEK 90.7m | −SEK 61.7m | −SEK 77.4m | −SEK 92.1m | −SEK 107.1m | −SEK 93.0m | −SEK 82.0m |
| Free cash flow | −SEK 127.1m | SEK 24.9m | SEK 11.3m | SEK 58.1m | SEK 42.0m | −SEK 61.5m | −SEK 31.2m | −SEK 84.4m | −SEK 21.7m | SEK 30.1m |
| Dividends paid | — | — | — | −SEK 6.6m | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 91.3m | SEK 111.9m | SEK 116.9m | SEK 147.1m | SEK 142.6m | SEK 114.6m | SEK 133.5m | SEK 155.9m |
| Gross profit | SEK 44.3m | SEK 54.6m | SEK 61.6m | SEK 77.7m | SEK 77.9m | SEK 57.3m | SEK 81.5m | SEK 91.2m |
| Operating income | −SEK 25.9m | −SEK 1.9m | −SEK 5.7m | SEK 22.0m | −SEK 9.7m | −SEK 9.1m | SEK 5.2m | SEK 24.7m |
| Net income | −SEK 30.7m | −SEK 278,000 | −SEK 4.0m | SEK 21.2m | −SEK 10.7m | −SEK 14.0m | SEK 9.4m | SEK 17.1m |
| Diluted earnings per share | -0.09 | -0.00 | -0.01 | 0.06 | -0.03 | -0.04 | 0.03 | 0.05 |
| Cash from operations | SEK 3.0m | SEK 42.0m | SEK 12.0m | SEK 21.0m | −SEK 34.0m | −SEK 38.0m | SEK 35.0m | SEK 50.0m |
| Capital spending | −SEK 20.0m | −SEK 23.0m | −SEK 23.0m | −SEK 17.0m | −SEK 22.0m | −SEK 24.0m | −SEK 28.0m | −SEK 20.0m |
| Free cash flow | −SEK 17.0m | SEK 19.0m | −SEK 11.0m | SEK 4.0m | −SEK 56.0m | −SEK 62.0m | SEK 7.0m | SEK 30.0m |
| Total assets | SEK 789.8m | SEK 822.4m | SEK 799.6m | SEK 873.2m | SEK 894.5m | SEK 789.1m | SEK 834.8m | SEK 842.9m |
| Cash and short-term investments | SEK 79.8m | SEK 99.1m | SEK 82.7m | SEK 96.3m | SEK 97.8m | SEK 156.3m | SEK 232.9m | SEK 240.2m |
| Debt | SEK 7.9m | SEK 8.1m | SEK 39.4m | SEK 41.8m | SEK 47.0m | SEK 10.3m | SEK 13.3m | SEK 16.0m |
| Shareholders' equity | SEK 596.0m | SEK 626.2m | SEK 626.1m | SEK 630.4m | SEK 609.3m | SEK 620.7m | SEK 646.4m | SEK 647.8m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.1% | 5.5% | 3.3% |
| Operating income | -57.3% | — | -13.1% |
| Net income | — | -3.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 57.3% | 59.3% | 59.6% | 60.0% |
| Operating margin | 7.4% | 9.9% | 7.7% | 4.4% |
| Net margin | 5.6% | 8.2% | 5.3% | 2.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -106.2 | 22.0 | 18.2 | 24.5 | -114.3 | -39.5 | -113.9 | -10.6 | 295.1 | 55.0 |
| Price to sales | 1.5 | 2.6 | 1.9 | 2.8 | 3.9 | 0.9 | 1.2 | 1.4 | 2.6 | 4.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years.
- 5-for-1 split · 15 May 2000
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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