Kinvb.St
KINVB.ST is classified under Financial Services with low confidence, operating as a financial entity with no reported revenue and significant operating losses.
Business. KINVB.ST is classified under Financial Services with low confidence, operating as a financial entity with no reported revenue and significant operating losses.
Analyst recommendations
10 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
KINVB.ST is classified under Financial Services with low confidence, operating as a financial entity with no reported revenue and significant operating losses.
The company maintains a conservative capital structure with total equity of SEK 35.87 billion against total liabilities of SEK 2.25 billion. Long-term debt stands at SEK 1.995 billion, resulting in a low debt-to-equity ratio of 0.06. Liquidity is robust, evidenced by a current ratio of 6.27 and cash and equivalents totaling SEK 10.39 billion. Despite strong balance sheet metrics, operating cash flow is negative at SEK -78 million, indicating ongoing cash consumption from operations.
Profitability metrics are negative, with a return on equity of -7.05% and a return on assets of -6.64%. The company reported zero revenue and an operating income of SEK -4.55 billion, leading to a net income loss of SEK -3.35 billion. These figures suggest the entity is in a pre-revenue or early-stage development phase, or that its business model does not generate traditional top-line revenue in the reporting period.
Segment and geographic data are not provided in the available input, preventing analysis of revenue concentration or regional exposure. The absence of segment breakdowns limits the ability to assess diversification risks or specific business unit performance.
Growth trajectory cannot be assessed due to the absence of historical period data. With current revenue at zero, there is no baseline for year-over-year growth analysis. The lack of historical financial trends precludes evaluation of momentum or cyclical patterns.
Risk assessment indicates low liquidity risk and low dilution risk, with no immediate filing-based flags detected. The share count remains stable with 243.22 million basic and diluted shares outstanding, suggesting no recent equity issuance or complex option structures impacting dilution. The primary risk appears to be operational, given the significant net losses and lack of revenue generation.
Recent observations include analyst estimates with a mean price target of 65.62 SEK and a median of 63.50 SEK, reflecting a mean recommendation of 2.30 (buy). News events indicate a system reconciler action related to name-poison root-fix re-analysis, which is an internal data processing event rather than a fundamental business change.
- The company reports zero revenue and significant operating losses of SEK -4.55 billion, indicating a pre-revenue or non-traditional business model.
- Strong liquidity position with SEK 10.39 billion in cash and a current ratio of 6.27 provides a buffer against operational cash burn.
- Low leverage with a debt-to-equity ratio of 0.06 and minimal long-term debt reduces financial risk.
- Analyst sentiment is moderately positive with a mean recommendation of 2.30 and price targets ranging from 55.00 to 84.00 SEK.
- No segment or geographic data is available, limiting detailed operational analysis.
- Dilution risk is low with stable share counts and no recent equity issuance flags.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue kr 0.00, −100,0% YoY; Operating income −48,1% YoY.
- ▍Revenue kr 0.00, −100,0% YoY
- ▍Operating income −48,1% YoY
- ▍Net income −27,6% YoY
Revenue kr 23.0M, −97,5% YoY; Operating income +40,0% YoY.
- ▍Revenue kr 23.0M, −97,5% YoY
- ▍Operating income +40,0% YoY
- ▍Net income +45,0% YoY
- ▍Net margin -11404.3%
Revenue kr 936.0M, −73,5% YoY; Operating income +74,0% YoY.
- ▍Revenue kr 936.0M, −73,5% YoY
- ▍Operating income +74,0% YoY
- ▍Net income +75,6% YoY
- ▍Net margin -509.2%
Revenue kr 3.54B, +109,5% YoY; Operating income −234,4% YoY.
- ▍Revenue kr 3.54B, +109,5% YoY
- ▍Operating income −234,4% YoY
- ▍Net income −232,1% YoY
- ▍Net margin -551.7%
Revenue kr 1.69B; Operating income kr 14.65B.
- ▍Revenue kr 1.69B
- ▍Operating income kr 14.65B
- ▍Net margin 874.9%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -15,58 |
| Revenue | —no estimate | —no estimate | 716,0M SEK |
| Operating income | —no estimate | —no estimate | -4,6B SEK |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Equitynet_income / total_equity
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Assetsnet_income / total_assets
- Kinnevik AB Market data — financials · 2026-07-28
- reconciler_enqueue (reconciler) on KINVB.ST · 2026-07-28
- Kinnevik AB Market data — analyst estimates · 2026-07-28
- Kinnevik AB Market data — ESG · 2026-07-28
Ownership & reference
Insider activity
Short positioning
Geographic breakdown
Intel & risk
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium