P 
0.99
+2.07%
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 183.9m
FY2016FY2025
Net income
SEK 1.4m
FY2016FY2025
Free cash flow
−SEK 39.6m
FY2016FY2025
Shareholders' equity
SEK 23.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 183.9m | SEK 195.7m | SEK 210.5m | SEK 219.7m | SEK 196.6m | SEK 143.5m | SEK 178.1m | SEK 186.2m | SEK 173.0m | SEK 172.4m |
| Research and development | — | — | SEK 83,000 | SEK 108,000 | SEK 105,000 | SEK 141,000 | SEK 112,000 | SEK 308,000 | SEK 591,000 | — |
| Operating income | SEK 3.1m | SEK 3.4m | −SEK 2.4m | −SEK 7.3m | SEK 8.9m | −SEK 1.0m | −SEK 1.1m | −SEK 4.2m | −SEK 4.8m | SEK 1.5m |
| Net income | SEK 1.4m | −SEK 400,000 | −SEK 6.7m | −SEK 10.1m | SEK 6.5m | −SEK 3.5m | −SEK 3.8m | −SEK 6.7m | −SEK 7.2m | −SEK 955,000 |
| Diluted earnings per share | 0.06 | -0.02 | -0.29 | -0.44 | 0.29 | -0.27 | -0.30 | -0.62 | -0.67 | -0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 95.4m | SEK 74.8m | SEK 82.1m | SEK 80.1m | SEK 82.1m | SEK 83.4m | SEK 103.7m | SEK 106.9m | SEK 103.9m | SEK 101.3m |
| Cash and short-term investments | SEK 2.2m | SEK 860,000 | SEK 201,000 | SEK 616,000 | SEK 769,000 | SEK 1.8m | SEK 386,000 | SEK 1.6m | SEK 922,000 | SEK 1.1m |
| Total liabilities | SEK 72.3m | SEK 52.8m | SEK 59.8m | SEK 61.8m | SEK 54.5m | SEK 62.6m | SEK 88.7m | SEK 90.7m | SEK 89.3m | SEK 79.6m |
| Debt | SEK 41.8m | SEK 18.8m | SEK 19.2m | SEK 17.5m | SEK 12.9m | SEK 17.6m | SEK 44.9m | SEK 44.9m | SEK 47.6m | SEK 46.1m |
| Shareholders' equity | SEK 23.1m | SEK 22.0m | SEK 22.3m | SEK 18.3m | SEK 27.6m | SEK 20.8m | SEK 15.0m | SEK 16.2m | SEK 14.6m | SEK 21.8m |
| Shares outstanding | 23m | 23m | 23m | 23m | 23m | 13m | 13m | 11m | 11m | 11m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −SEK 19.8m | SEK 3.4m | −SEK 1.1m | SEK 49,000 | SEK 9.0m | SEK 20.1m | SEK 4,000 | SEK 5.1m | SEK 1.4m | SEK 5.9m |
| Capital spending | −SEK 19.8m | −SEK 2.2m | −SEK 955,000 | −SEK 4.8m | −SEK 5.3m | −SEK 112,000 | −SEK 1.1m | −SEK 5.0m | −SEK 3.1m | −SEK 5.2m |
| Free cash flow | −SEK 39.6m | SEK 1.2m | −SEK 2.0m | −SEK 4.8m | SEK 3.7m | SEK 20.0m | −SEK 1.1m | SEK 129,000 | −SEK 1.8m | SEK 650,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 48.9m | SEK 45.8m | SEK 46.4m | SEK 39.0m | SEK 52.1m | SEK 46.4m | SEK 48.9m | SEK 39.6m |
| Operating income | SEK 1.0m | SEK 1.3m | SEK 900,000 | SEK 1.0m | SEK 2.2m | −SEK 200,000 | SEK 400,000 | −SEK 500,000 |
| Net income | SEK 500,000 | SEK 400,000 | SEK 500,000 | SEK 500,000 | SEK 1.5m | −SEK 1.1m | −SEK 400,000 | −SEK 1.5m |
| Diluted earnings per share | 0.02 | 0.02 | 0.02 | 0.02 | 0.07 | -0.05 | -0.02 | -0.07 |
| Cash from operations | — | SEK 7.0m | −SEK 1.0m | −SEK 23.0m | SEK 3.0m | SEK 1.0m | −SEK 1.0m | −SEK 1.0m |
| Capital spending | — | −SEK 7.0m | −SEK 1.0m | — | — | — | −SEK 1.0m | — |
| Free cash flow | — | SEK 0 | −SEK 2.0m | — | — | — | −SEK 2.0m | — |
| Total assets | SEK 96.2m | SEK 98.2m | SEK 95.4m | SEK 102.3m | SEK 79.8m | SEK 79.3m | SEK 74.8m | SEK 76.5m |
| Cash and short-term investments | SEK 1.9m | SEK 3.2m | SEK 2.2m | SEK 3.1m | SEK 1.2m | SEK 1.7m | SEK 860,000 | SEK 2.1m |
| Debt | SEK 31.9m | SEK 36.1m | SEK 40.3m | SEK 41.0m | SEK 13.6m | SEK 18.0m | SEK 18.8m | SEK 17.1m |
| Shareholders' equity | SEK 24.1m | SEK 23.6m | SEK 23.1m | SEK 22.8m | SEK 22.2m | SEK 20.7m | SEK 22.0m | SEK 22.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.8% | 5.1% | 1.9% |
| Operating income | — | — | 1.3% |
| Net income | — | — | 5.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 1.7% | -0.4% | 0.4% | -0.1% |
| Net margin | 0.3% | -1.9% | -1.1% | -1.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 16.6 | -48.2 | -2.4 | -3.4 | 12.7 | -5.7 | -7.3 | -3.6 | -2.8 | -27.6 |
| Price to sales | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 7 May 2012.
| FY2012 | |
|---|---|
| Paid in the year | 0.10 |
- 10-to-1 reverse split · 9 Jul 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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