V 
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 5.50bn
FY2018FY2025
Net income
SEK 207.0m
FY2018FY2025
Free cash flow
SEK 317.0m
FY2018FY2025
Shareholders' equity
SEK 1.61bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 5.50bn | SEK 4.21bn | SEK 3.98bn | SEK 3.83bn | SEK 3.33bn | SEK 3.71bn | SEK 2.33bn | SEK 1.99bn |
| Research and development | SEK 2.0m | — | SEK 2.0m | SEK 3.0m | — | SEK 200,000 | SEK 400,000 | SEK 300,000 |
| Operating income | SEK 284.0m | SEK 264.0m | SEK 150.0m | SEK 383.0m | SEK 536.0m | SEK 510.2m | SEK 171.5m | SEK 154.8m |
| Net income | SEK 207.0m | SEK 170.0m | SEK 106.0m | SEK 254.0m | SEK 414.0m | SEK 359.7m | SEK 132.8m | SEK 123.2m |
| Diluted earnings per share | 2.31 | 1.91 | 1.19 | 2.86 | 4.66 | 5.59 | 1.56 | 1.91 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 5.00bn | SEK 3.71bn | SEK 3.63bn | SEK 3.90bn | SEK 3.81bn | SEK 1.43bn | SEK 1.21bn | SEK 1.04bn |
| Cash and short-term investments | SEK 90.0m | SEK 31.0m | SEK 94.0m | SEK 339.0m | SEK 331.0m | SEK 42.3m | SEK 96.5m | SEK 3.7m |
| Total liabilities | SEK 3.22bn | SEK 1.98bn | SEK 1.91bn | SEK 2.04bn | SEK 2.08bn | SEK 1.02bn | SEK 961.4m | SEK 825.1m |
| Debt | SEK 1.31bn | SEK 558.0m | SEK 617.0m | SEK 831.0m | SEK 876.0m | SEK 175.0m | SEK 240.0m | SEK 71.2m |
| Shareholders' equity | SEK 1.61bn | SEK 1.66bn | SEK 1.65bn | SEK 1.77bn | SEK 1.66bn | SEK 338.3m | SEK 204.6m | SEK 138.8m |
| Shares outstanding | 90m | 89m | 89m | 89m | 89m | 64m | 85m | 64m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 324.0m | SEK 245.0m | SEK 212.0m | SEK 286.0m | SEK 158.0m | SEK 217.1m | SEK 130.0m | SEK 164.4m |
| Capital spending | −SEK 7.0m | −SEK 4.0m | −SEK 32.0m | −SEK 5.0m | −SEK 109.0m | −SEK 48.0m | −SEK 6.7m | −SEK 1.4m |
| Free cash flow | SEK 317.0m | SEK 241.0m | SEK 180.0m | SEK 281.0m | SEK 49.0m | SEK 169.1m | SEK 123.3m | SEK 163.0m |
| Dividends paid | −SEK 138.0m | −SEK 138.0m | −SEK 138.0m | −SEK 133.0m | −SEK 31.0m | −SEK 20.0m | −SEK 22.7m | −SEK 204.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 1.62bn | SEK 1.35bn | SEK 1.77bn | SEK 1.49bn | SEK 1.34bn | SEK 895.0m | SEK 1.19bn | SEK 998.0m |
| Operating income | SEK 73.0m | SEK 47.0m | SEK 113.0m | SEK 91.0m | SEK 79.0m | SEK 30.0m | SEK 74.0m | SEK 76.0m |
| Net income | SEK 40.0m | SEK 26.0m | SEK 88.0m | SEK 53.0m | SEK 44.0m | SEK 21.0m | SEK 53.0m | SEK 45.0m |
| Diluted earnings per share | 0.45 | 0.29 | 0.98 | 0.59 | 0.49 | 0.23 | 0.60 | 0.51 |
| Cash from operations | SEK 50.0m | SEK 26.0m | SEK 197.0m | SEK 121.0m | SEK 6.0m | — | SEK 129.0m | SEK 26.0m |
| Capital spending | −SEK 1.0m | −SEK 18.0m | −SEK 2.0m | −SEK 3.0m | −SEK 2.0m | −SEK 1.0m | −SEK 1.0m | −SEK 2.0m |
| Free cash flow | SEK 49.0m | SEK 8.0m | SEK 195.0m | SEK 118.0m | SEK 4.0m | — | SEK 128.0m | SEK 24.0m |
| Total assets | SEK 5.24bn | SEK 5.05bn | SEK 5.00bn | SEK 4.89bn | SEK 5.15bn | SEK 3.40bn | SEK 3.71bn | SEK 3.40bn |
| Cash and short-term investments | SEK 111.0m | SEK 79.0m | SEK 90.0m | SEK 100.0m | SEK 74.0m | SEK 10.0m | SEK 31.0m | SEK 14.0m |
| Debt | SEK 531.0m | SEK 1.28bn | SEK 1.28bn | SEK 1.47bn | SEK 1.54bn | SEK 487.0m | SEK 524.0m | SEK 600.0m |
| Shareholders' equity | SEK 1.61bn | SEK 1.65bn | SEK 1.61bn | SEK 1.58bn | SEK 1.52bn | SEK 1.62bn | SEK 1.66bn | SEK 1.60bn |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 5.2% | 7.7% | 3.8% | 9.6% | 16.7% | 7.3% | — | — |
| Net margin | 3.8% | 4.0% | 2.7% | 6.6% | 12.4% | 9.7% | — | — |
| Return on equity | 12.8% | 10.3% | 6.4% | 14.4% | 24.9% | 106.3% | — | — |
| Return on assets | 4.1% | 4.6% | 2.9% | 6.5% | 10.9% | 25.2% | — | — |
| Free cash flow yield | 9.6% | 7.3% | 7.1% | 8.5% | 7.8% | 10.7% | — | — |
| Revenue growth | 30.5% | 5.8% | 4.1% | 14.8% | -10.3% | 59.1% | — | — |
| Earnings growth | 21.8% | 60.4% | -58.3% | -38.6% | 15.1% | 170.9% | — | — |
| Current ratio | 1.11x | 1.22x | 1.35x | 1.64x | 1.65x | 1.35x | — | — |
| Debt to equity | 0.77x | 0.32x | 0.34x | 0.45x | 0.50x | 0.43x | — | — |
| Equity ratio | 32.3% | 44.6% | 45.3% | 45.3% | 43.6% | 23.7% | — | — |
| Interest coverage | 2.54x | 3.64x | 3.38x | 20.50x | 34.69x | 67.63x | — | — |
| R&D as a share of sales | 0.0% | — | 0.1% | 0.1% | — | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | -0.9% | 0.0% | 0.0% | 0.0% | -38.1% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 12.3% | 8.0% | — |
| Operating income | -9.5% | -11.1% | — |
| Net income | -6.6% | -10.5% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 5.6% | 6.2% | 8.7% | — |
| Net margin | 3.9% | 4.2% | 6.2% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 15.2 | 19.9 | 33.2 | 15.5 | 12.8 |
| Price to sales | 0.6 | 0.8 | 0.9 | 1.0 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 25 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 0.80 | 1.55 | 1.55 | 1.55 | 1.50 |
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.