Fortinova Fastigheter AB Series B

FNOVA-B · ST · Real Estate / Real Estate Services

21.20SEK-0.10 (-0.47%)

Price History

Full chart

Market Stats

Previous Close21.30

Open21.40

Day Range21.20 – 21.90

52-Week Range21.70 – 29.40

Volume63.62K

Market Cap1.10B

P/E (TTM)9.52

Forward P/E0.00

EPS2.30

Dividend Yield0.00%

Beta0.89

50-Day Avg23.67

200-Day Avg25.43

About

Fortinova Fastigheter AB (Publ) engages in acquisition, development, and management of residential properties in Sweden. The company was incorporated in 2010 and is headquartered in Varberg, Sweden.

Company Details

SectorReal Estate
IndustryReal Estate Services
CEOMr. Anders Valdemarsson
Employees48
HeadquartersNorrgatan 10, Varberg, Sweden, 432 41, Sweden
Websitehttps://www.fortinova.se

Leadership

Mr. Anders ValdemarssonDeputy CEO & Board Member · b. 1977
Mr. Anders JohanssonCEO & MD
Mr. John WennevidCFO, Head of Investor Relations & IR Manager
Mr. Hans-Emil LundquistHead of Administration
Lena LefflerHuman Resource Manager & HR Business Partner

Financials

Income Statement

Currency: SEK	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31	2025-08-31
Total Revenue	125.30M	135.40M	197.10M	286.33M	332.10M	367.20M	382.90M
Growth (%)	-	+8.06%	+45.57%	+45.27%	+15.98%	+10.57%	+4.28%
Cost of Revenue	54.30M	58.60M	82.80M	119.03M	127.70M	142.30M	145.70M
Gross Profit	71.00M	76.80M	114.30M	286.33M	204.40M	224.90M	237.20M
Gross Margin	56.66%	56.72%	57.99%	100.00%	61.55%	61.25%	61.95%
Operating Expense	-65.30M	-34.70M	-280.90M	144.20M	29.00M	34.10M	37.10M
Operating Income	136.30M	111.50M	395.20M	142.13M	175.40M	190.80M	200.10M
Operating Margin	108.78%	82.35%	200.51%	49.64%	52.82%	51.96%	52.26%
EBITDA	154.30M	100.00M	389.70M	300.00K	-177.30M	190.80M	200.10M
EBITDA Margin	123.14%	73.86%	197.72%	0.10%	-53.39%	51.96%	52.26%
Net Income	76.50M	86.40M	311.20M	144.40M	-262.90M	113.60M	169.60M
Net Income Margin	61.05%	63.81%	157.89%	50.43%	-79.16%	30.94%	44.29%
Interest Expense	19.10M	19.80M	21.20M	44.70M	126.00M	139.60M	104.60M
Interest Expense % of Total Revenue	15.24%	14.62%	10.76%	15.61%	37.94%	38.02%	27.32%

Balance Sheet

Currency: SEK	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31	2025-08-31
Total Assets	1.59B	1.78B	2.44B	3.97B	5.25B	5.26B	5.27B	5.68B
Total Liabilities	1.04B	1.07B	1.25B	1.72B	2.81B	3.12B	2.99B	3.30B
Total Equity	551.80M	706.00M	1.19B	2.25B	2.44B	2.14B	2.25B	2.38B
Cash	47.30M	49.50M	161.40M	278.10M	515.00M	227.30M	239.00M	211.30M
Total Debt	944.40M	938.50M	1.10B	1.48B	2.47B	2.79B	2.70B	2.96B
Net Debt	897.10M	889.00M	934.00M	1.20B	-515.00M	2.56B	2.46B	2.75B

Cash Flow

Currency: SEK	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31	2024-08-31	2025-08-31
Operating Cash Flow	24.90M	33.50M	30.00M	64.70M	83.92M	127.80M	96.10M	109.60M
Investing Cash Flow	-213.70M	-78.90M	-357.50M	-622.60M	-579.60M	-471.40M	-200.00K	-221.50M
Financing Cash Flow	176.50M	47.70M	439.40M	674.60M	554.33M	55.90M	-84.20M	84.00M
Capital Expenditure	5.10M	6.00M	6.50M	33.90M	0	0	0	0
Free Cash Flow	19.80M	27.50M	23.50M	30.80M	83.92M	127.80M	96.10M	109.60M
Dividends Paid	8.50M	11.20M	13.40M	13.90M	17.70M	37.00M	-	-
FCF to OCF	79.52%	82.09%	78.33%	47.60%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	42.93%	40.73%	57.02%	45.13%	21.09%	28.95%	-	-

Earnings

Report Date	Feb 9, 2020	Apr 16, 2020	Jul 1, 2020	Nov 6, 2020	Jan 21, 2021	Apr 16, 2021	Jul 7, 2021	Oct 13, 2021	Nov 30, 2021	Apr 15, 2022	Jun 9, 2022	Nov 18, 2022	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026
EPS Estimate	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.72	0.10	2.38	-0.28	0.34	1.71	2.29	1.82	1.09	1.09	0.68	0.74	-0.78	-1.59	-0.20	-1.01	-2.32	0.46	0.52	-0.05	1.29	0.39	0.70	0.93	0.43	0.87
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap1.10B

Enterprise Value4.03B

Trailing P/E9.52

Forward P/E0.00

Price / Sales2.67

Price / Book0.48

EPS2.30

Book Value46.79

Revenue (TTM)413.10M

Gross Profit (TTM)254.10M

EBITDA216.95M

Profit Margin29.12%

Operating Margin52.94%

Return on Equity5.08%

Return on Assets2.40%

Shares Outstanding47.70M

Shares Float35.91M

Beta0.89

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Dividends

20231×

0.72May 23, 2023

20212×

0.46Dec 16, 20210.27Jan 28, 2021