S 
165.60
+2.22%
Close of 9 Nov 2026, in SEK
Search any instrument
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 1.09bn
FY2016FY2025
Net income
SEK 173.0m
FY2016FY2025
Free cash flow
SEK 366.0m
FY2016FY2025
Shareholders' equity
SEK 5.53bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.09bn | SEK 902.0m | SEK 967.0m | SEK 733.0m | SEK 653.0m | SEK 631.0m | SEK 592.0m | SEK 537.0m | SEK 453.0m | SEK 440.0m |
| Gross profit | SEK 867.0m | SEK 733.0m | SEK 775.0m | SEK 548.0m | SEK 485.0m | SEK 461.0m | SEK 397.0m | SEK 356.0m | SEK 316.0m | SEK 299.0m |
| Research and development | — | — | SEK 0 | SEK 0 | SEK 2 | SEK 1 | SEK 1 | SEK 1 | SEK 1 | SEK 2 |
| Operating income | SEK 785.0m | SEK 718.0m | SEK 698.0m | SEK 66.0m | SEK 1.62bn | SEK 481.0m | SEK 538.0m | SEK 74.0m | SEK 58.0m | −SEK 169.0m |
| Net income | SEK 173.0m | SEK 327.0m | −SEK 246.0m | SEK 268.0m | SEK 1.21bn | SEK 256.0m | SEK 290.0m | SEK 419.0m | SEK 396.0m | SEK 609.0m |
| Diluted earnings per share | 5.30 | 10.80 | -8.65 | 9.43 | 42.46 | 9.02 | 10.30 | 14.86 | 14.35 | 22.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 16.72bn | SEK 14.97bn | SEK 13.19bn | SEK 13.34bn | SEK 12.29bn | SEK 10.23bn | SEK 9.61bn | SEK 8.73bn | SEK 6.62bn | SEK 5.97bn |
| Cash and short-term investments | SEK 340.0m | SEK 214.0m | SEK 134.0m | SEK 315.0m | SEK 160.0m | SEK 361.0m | SEK 138.0m | SEK 163.0m | SEK 38.0m | SEK 51.0m |
| Total liabilities | SEK 11.19bn | SEK 9.58bn | SEK 8.36bn | SEK 7.92bn | SEK 7.07bn | SEK 6.18bn | SEK 5.77bn | SEK 5.96bn | SEK 4.22bn | SEK 3.92bn |
| Debt | SEK 9.89bn | SEK 8.06bn | SEK 6.91bn | SEK 6.54bn | SEK 5.86bn | SEK 5.32bn | SEK 5.04bn | SEK 5.29bn | SEK 3.71bn | SEK 3.42bn |
| Shareholders' equity | SEK 5.53bn | SEK 5.39bn | SEK 4.34bn | SEK 5.43bn | SEK 5.22bn | SEK 4.05bn | SEK 3.84bn | SEK 2.78bn | SEK 2.40bn | SEK 2.05bn |
| Shares outstanding | 33m | 30m | 28m | 28m | 28m | 28m | 28m | 28m | 28m | 28m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 366.0m | SEK 217.0m | SEK 307.0m | SEK 370.0m | SEK 223.0m | SEK 274.0m | SEK 143.0m | SEK 143.0m | SEK 215.0m | −SEK 35.0m |
| Capital spending | — | — | — | −SEK 819.0m | — | −SEK 1.0m | −SEK 4.0m | −SEK 2.0m | −SEK 436.0m | −SEK 276.0m |
| Free cash flow | SEK 366.0m | SEK 217.0m | SEK 307.0m | −SEK 449.0m | SEK 223.0m | SEK 273.0m | SEK 139.0m | SEK 141.0m | −SEK 221.0m | −SEK 311.0m |
| Dividends paid | −SEK 24.0m | −SEK 46.0m | −SEK 59.0m | −SEK 58.0m | −SEK 52.0m | −SEK 54.0m | −SEK 32.0m | −SEK 59.0m | −SEK 50.0m | −SEK 22.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 312.0m | SEK 295.0m | SEK 305.0m | SEK 271.0m | SEK 263.0m | SEK 247.0m | SEK 237.0m | SEK 220.0m |
| Gross profit | SEK 260.0m | SEK 222.0m | SEK 217.0m | SEK 224.0m | SEK 216.0m | SEK 193.0m | SEK 190.0m | SEK 189.0m |
| Operating income | SEK 230.0m | SEK 201.0m | SEK 172.0m | SEK 203.0m | SEK 220.0m | SEK 190.0m | −SEK 162.0m | SEK 185.0m |
| Net income | SEK 141.0m | SEK 131.0m | SEK 22.0m | SEK 61.0m | −SEK 17.0m | SEK 107.0m | SEK 124.0m | SEK 48.0m |
| Diluted earnings per share | 4.32 | 4.01 | 0.67 | 1.87 | -0.52 | 3.28 | 4.09 | 1.58 |
| Cash from operations | SEK 102.0m | SEK 48.0m | SEK 111.0m | SEK 107.0m | SEK 23.0m | SEK 125.0m | SEK 92.0m | SEK 77.0m |
| Total assets | SEK 18.75bn | SEK 18.22bn | SEK 16.72bn | SEK 16.07bn | SEK 15.59bn | SEK 15.33bn | SEK 14.97bn | SEK 13.88bn |
| Cash and short-term investments | SEK 322.0m | SEK 148.0m | SEK 340.0m | SEK 531.0m | SEK 275.0m | SEK 363.0m | SEK 214.0m | SEK 462.0m |
| Debt | SEK 10.29bn | SEK 10.26bn | SEK 9.27bn | SEK 8.72bn | SEK 8.30bn | SEK 8.27bn | SEK 8.06bn | SEK 7.74bn |
| Shareholders' equity | SEK 6.50bn | SEK 5.66bn | SEK 5.53bn | SEK 5.52bn | SEK 5.76bn | SEK 5.49bn | SEK 5.39bn | SEK 4.78bn |
Financial ratios
Data as of 13 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 79.8% | 81.3% | 80.1% | 74.8% | 74.3% | 73.1% | — | — | — | — |
| Operating margin | 64.3% | 69.5% | 60.5% | 76.0% | 209.5% | 32.2% | — | — | — | — |
| Net margin | 15.9% | 36.3% | -25.4% | 36.6% | 185.1% | 40.6% | — | — | — | — |
| Return on equity | 3.1% | 6.1% | -5.7% | 4.9% | 23.2% | 6.3% | — | — | — | — |
| Return on assets | 1.0% | 2.2% | -1.9% | 2.0% | 9.8% | 2.5% | — | — | — | — |
| Free cash flow yield | — | — | — | 27.8% | — | 6.4% | 3.5% | 3.4% | 15.7% | 5.8% |
| Revenue growth | 20.4% | -6.7% | 31.9% | 12.3% | 3.5% | 6.6% | — | — | — | — |
| Earnings growth | -47.1% | -232.9% | -191.8% | -77.8% | 372.3% | -11.7% | — | — | — | — |
| Current ratio | 1.43x | 0.60x | 0.18x | 0.34x | 0.30x | 0.37x | — | — | — | — |
| Debt to equity | 1.62x | 1.44x | 1.53x | 1.16x | 1.08x | 1.26x | — | — | — | — |
| Equity ratio | 33.1% | 36.0% | 32.9% | 40.7% | 42.4% | 39.6% | — | — | — | — |
| Interest coverage | 1.58x | 1.48x | 1.53x | 2.93x | 11.79x | 1.51x | — | — | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Buybacks as a share of market value | -7.8% | -6.5% | 0.0% | 0.2% | -0.4% | -0.7% | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 14.0% | 11.5% | 11.8% |
| Operating income | 128.3% | 10.3% | 12.3% |
| Net income | -13.6% | -7.5% | -5.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 80.5% | 79.3% | 77.8% | 74.6% |
| Operating margin | 75.6% | 61.5% | 87.8% | 69.6% |
| Net margin | 25.2% | 14.2% | 40.0% | 54.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 37.6 | 19.5 | -21.2 | 20.4 | 7.2 | 16.9 | 16.4 | 6.7 | 4.7 | 3.1 |
| Price to sales | 6.0 | 7.1 | 5.4 | 7.4 | 13.3 | 6.9 | 8.0 | 5.3 | 4.1 | 4.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Apr 2019.
| FY2018 | FY2017 | FY2016 | |
|---|---|---|---|
| Paid in the year | 2.24 | 2.00 | 1.60 |
- 4-to-1 reverse split · 16 Dec 2014
- 2-for-1 split · 6 Feb 2014
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.