N 
353.00
+2.68%
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, before interest expense
SEK 6.57bn
FY2016FY2025
Net income
SEK 3.02bn
FY2016FY2025
Total assets
SEK 309.41bn
FY2016FY2025
Shareholders' equity
SEK 7.48bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | SEK 6.57bn | SEK 5.98bn | SEK 5.19bn | SEK 3.74bn | SEK 3.74bn | SEK 2.83bn | SEK 1.68bn | SEK 1.41bn | SEK 1.28bn | SEK 1.23bn |
| Research and development | — | — | SEK 87.5m | SEK 78.4m | SEK 69.7m | SEK 61.1m | SEK 66.1m | SEK 0 | SEK 0 | SEK 0 |
| Operating income | SEK 3.74bn | SEK 3.48bn | SEK 3.16bn | SEK 2.03bn | SEK 2.45bn | SEK 1.45bn | SEK 377.4m | SEK 141.2m | SEK 200.2m | SEK 367.7m |
| Net income | SEK 3.02bn | SEK 2.81bn | SEK 2.58bn | SEK 1.65bn | SEK 1.98bn | SEK 1.17bn | SEK 339.5m | SEK 118.1m | SEK 167.3m | SEK 297.0m |
| Diluted earnings per share | 12.09 | 11.22 | 10.29 | 6.60 | 7.89 | 4.69 | 326.59 | 0.47 | 0.67 | 1.70 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 309.41bn | SEK 273.22bn | SEK 222.25bn | SEK 206.91bn | SEK 232.54bn | SEK 167.99bn | SEK 115.60bn | SEK 92.12bn | SEK 80.34bn | SEK 70.45bn |
| Cash and short-term investments | SEK 4.67bn | SEK 3.79bn | SEK 4.19bn | SEK 3.73bn | SEK 4.25bn | SEK 3.10bn | SEK 409.5m | SEK 1.34bn | SEK 392.3m | SEK 436.4m |
| Total liabilities | SEK 301.93bn | SEK 265.29bn | SEK 214.55bn | SEK 200.86bn | SEK 226.55bn | SEK 163.78bn | SEK 112.55bn | SEK 90.13bn | SEK 78.32bn | SEK 68.47bn |
| Debt | SEK 74.50bn | SEK 62.54bn | SEK 59.85bn | SEK 70.25bn | SEK 64.48bn | SEK 52.75bn | SEK 108.88bn | SEK 35.23bn | SEK 29.06bn | SEK 24.43bn |
| Shareholders' equity | SEK 7.48bn | SEK 7.94bn | SEK 7.70bn | SEK 6.05bn | SEK 5.99bn | SEK 4.21bn | SEK 3.06bn | SEK 1.99bn | SEK 2.02bn | SEK 1.98bn |
| Shares outstanding | 249m | 251m | 251m | 250m | 252m | 250m | 1m | 250m | 250m | 175m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | SEK 1.77bn | SEK 1.60bn | SEK 2.29bn | SEK 1.83bn | SEK 1.43bn | SEK 1.56bn | SEK 1.53bn | SEK 1.46bn |
| Operating income | SEK 1.19bn | SEK 1.04bn | SEK 965.0m | SEK 891.0m | SEK 894.0m | SEK 984.0m | SEK 791.4m | SEK 851.6m |
| Net income | SEK 960.0m | SEK 839.0m | SEK 774.0m | SEK 717.0m | SEK 725.0m | SEK 799.0m | SEK 659.0m | SEK 696.7m |
| Diluted earnings per share | 3.86 | 3.37 | 3.10 | 2.88 | 2.91 | 3.20 | 2.63 | 2.78 |
| Total assets | SEK 349.11bn | SEK 324.07bn | SEK 309.41bn | SEK 302.30bn | SEK 283.51bn | SEK 268.31bn | SEK 273.22bn | SEK 253.62bn |
| Cash and short-term investments | SEK 2.35bn | SEK 4.10bn | SEK 4.67bn | SEK 2.70bn | SEK 1.81bn | SEK 2.63bn | SEK 3.79bn | SEK 4.20bn |
| Debt | — | — | — | — | — | — | SEK 86.5m | — |
| Shareholders' equity | SEK 8.06bn | SEK 9.13bn | SEK 7.48bn | SEK 6.96bn | SEK 7.33bn | SEK 8.61bn | SEK 7.94bn | SEK 7.50bn |
Financial ratios
Data as of 13 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 56.9% | 58.2% | 60.9% | 54.3% | 65.5% | 51.2% | — | — |
| Net margin | 45.9% | 47.0% | 49.7% | 44.1% | 53.0% | 41.5% | — | — |
| Return on equity | 40.3% | 35.5% | 33.5% | 27.3% | 33.1% | 27.8% | — | — |
| Return on assets | 1.0% | 1.0% | 1.2% | 0.8% | 0.9% | 0.7% | — | — |
| Revenue growth | 9.9% | 15.2% | 38.6% | 0.1% | 32.3% | 68.6% | — | — |
| Earnings growth | 7.2% | 9.1% | 56.0% | -16.7% | 69.2% | 245.4% | — | — |
| Current ratio | 59.03x | 0.07x | 0.07x | 0.05x | 0.11x | 40.64x | — | — |
| Debt to equity | — | 0.01x | 0.01x | 0.01x | 0.01x | — | 0.02x | — |
| Equity ratio | 2.4% | 2.9% | 3.5% | 2.9% | 2.6% | 2.5% | — | — |
| Interest coverage | 8.21x | 4.27x | 5.19x | 5.33x | 11.25x | 7.88x | — | — |
| R&D as a share of sales | — | — | 1.7% | 2.1% | 1.9% | 2.2% | 3.9% | 0.0% |
| Buybacks as a share of market value | 0.6% | -0.1% | -0.1% | 0.5% | -0.7% | -23950.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.6% | 18.4% | 17.7% |
| Operating income | 22.5% | 20.9% | 23.6% |
| Net income | 22.2% | 20.8% | 23.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 57.5% | 57.8% | 58.2% | 51.1% |
| Net margin | 46.4% | 46.8% | 47.1% | 41.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 22.3 | 20.9 | 16.6 | 22.9 | 22.0 | 27.5 |
| Price to sales | 10.2 | 9.8 | 8.3 | 10.1 | 11.7 | 11.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 28 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 8.60 | 8.10 | 7.20 | 4.60 | 5.56 | 3.28 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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