W 
0.97
+0.41%
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 74.0m
FY2016FY2025
Net income
SEK 4.2m
FY2016FY2025
Free cash flow
SEK 6.2m
FY2016FY2025
Shareholders' equity
SEK 21.0m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 74.0m | SEK 67.6m | SEK 61.1m | SEK 70.4m | SEK 53.7m | SEK 52.8m | SEK 58.6m | SEK 67.5m | SEK 93.2m | SEK 77.0m |
| Research and development | — | SEK 3.7m | SEK 6.8m | SEK 6.3m | SEK 5.7m | SEK 5.7m | SEK 6.0m | SEK 5.2m | SEK 3.9m | — |
| Operating income | SEK 3.5m | SEK 69,000 | −SEK 19.6m | −SEK 8.1m | −SEK 21.0m | −SEK 16.6m | −SEK 27.3m | −SEK 15.4m | SEK 6.3m | SEK 3.1m |
| Net income | SEK 4.2m | −SEK 6.2m | −SEK 27.6m | −SEK 8.8m | −SEK 17.1m | −SEK 13.9m | −SEK 23.7m | −SEK 13.6m | SEK 4.4m | SEK 2.2m |
| Diluted earnings per share | 0.04 | -0.07 | -0.47 | -0.22 | -0.51 | -0.41 | -0.99 | -0.57 | 0.19 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SEK 58.3m | SEK 56.2m | SEK 54.5m | SEK 61.7m | SEK 47.3m | SEK 45.4m | SEK 54.9m | SEK 58.7m | SEK 66.7m | SEK 63.8m |
| Cash and short-term investments | SEK 323,000 | SEK 356,000 | SEK 856,000 | SEK 4.7m | SEK 12.5m | SEK 952,000 | SEK 6.4m | SEK 1.7m | SEK 12.3m | SEK 19.1m |
| Total liabilities | SEK 37.2m | SEK 48.4m | SEK 53.0m | SEK 55.8m | SEK 32.7m | SEK 25.8m | SEK 21.4m | SEK 31.8m | SEK 26.2m | SEK 27.8m |
| Debt | SEK 14.1m | SEK 13.9m | SEK 18.2m | SEK 18.7m | SEK 7.7m | SEK 5.0m | SEK 216,000 | SEK 8.5m | SEK 216,000 | −SEK 398,000 |
| Shareholders' equity | SEK 21.0m | SEK 7.9m | SEK 1.5m | SEK 5.9m | SEK 14.6m | SEK 19.6m | SEK 33.5m | SEK 26.9m | SEK 40.5m | SEK 36.1m |
| Shares outstanding | 102m | 90m | 59m | 40m | 34m | 34m | 24m | 24m | 24m | 24m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SEK 10.1m | SEK 8.6m | −SEK 20.7m | −SEK 2.4m | SEK 2.1m | −SEK 4.0m | −SEK 10.6m | −SEK 12.9m | SEK 113,000 | SEK 6.8m |
| Capital spending | −SEK 3.9m | −SEK 18.1m | −SEK 17.8m | −SEK 16.6m | −SEK 7.1m | −SEK 6.5m | −SEK 6.4m | −SEK 6.3m | −SEK 6.9m | −SEK 7.4m |
| Free cash flow | SEK 6.2m | −SEK 9.5m | −SEK 38.4m | −SEK 19.0m | −SEK 5.0m | −SEK 10.5m | −SEK 17.0m | −SEK 19.2m | −SEK 6.7m | −SEK 537,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SEK 19.8m | SEK 18.7m | SEK 20.8m | SEK 17.5m | SEK 17.8m | SEK 17.8m | SEK 20.1m | SEK 16.3m |
| Operating income | SEK 2.1m | SEK 766,000 | SEK 914,000 | SEK 1.9m | SEK 205,000 | SEK 1.6m | SEK 472,700 | −SEK 824,000 |
| Net income | SEK 778,000 | SEK 135,000 | SEK 1.8m | SEK 1.6m | SEK 10,000 | SEK 777,000 | SEK 242,000 | −SEK 1.4m |
| Diluted earnings per share | 0.01 | 0.00 | 0.02 | 0.02 | 0.00 | 0.01 | 0.00 | -0.02 |
| Cash from operations | — | SEK 7.0m | SEK 3.0m | −SEK 3.0m | SEK 4.0m | SEK 5.0m | SEK 5.0m | SEK 1.0m |
| Capital spending | −SEK 1.0m | −SEK 1.0m | — | — | −SEK 4.0m | −SEK 3.0m | −SEK 4.0m | −SEK 3.0m |
| Free cash flow | — | SEK 6.0m | — | — | SEK 0 | SEK 2.0m | SEK 1.0m | −SEK 2.0m |
| Total assets | SEK 62.9m | SEK 53.8m | SEK 58.3m | SEK 60.1m | SEK 55.9m | SEK 51.1m | SEK 56.2m | SEK 53.7m |
| Cash and short-term investments | SEK 507,000 | SEK 3.2m | SEK 323,000 | SEK 907,000 | SEK 662,000 | SEK 532,000 | SEK 356,000 | SEK 371,000 |
| Debt | SEK 11.2m | SEK 11.8m | SEK 468,000 | SEK 7.3m | SEK 6.9m | SEK 11.2m | SEK 3.1m | SEK 3.8m |
| Shareholders' equity | SEK 22.1m | SEK 21.2m | SEK 21.0m | SEK 19.3m | SEK 15.8m | SEK 8.7m | SEK 7.9m | SEK 7.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 1.6% | 7.0% | -0.2% |
| Operating income | — | — | 15.5% |
| Net income | — | — | 24.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 2.5% | -8.9% | -16.3% | -12.6% |
| Net margin | -1.4% | -14.0% | -18.3% | -13.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 31.4 | -7.8 | -1.5 | -6.3 | -6.1 | -7.0 | -3.1 | -7.8 | 70.5 | 62.8 |
| Price to sales | 1.8 | 0.7 | 0.7 | 0.8 | 1.9 | 1.8 | 1.3 | 1.6 | 3.3 | 1.8 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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