Garo AB

Garo AB maintains a capital structure with total assets of 1,005,000,000 SEK and total liabilities of 475,600,000 SEK, resulting in total equity of 529,400,000 SEK. The debt-to-equity ratio stands at 0.49, indicating moderate leverage, while the current ratio of 1.48 suggests adequate short-term liquidity coverage. However, the company holds only 17,000,000 SEK in cash and equivalents against 256,800,000 SEK in long-term debt, resulting in a negative net cash position. Operating cash flow is positive at 57,900,000 SEK, supporting a free cash flow of 24,000,000 SEK after capital expenditures of 11,600,000 SEK.

Profitability metrics reflect a challenging operating environment, with the company reporting an operating loss of 8,100,000 SEK and a net loss of 17,500,000 SEK on revenue of 1,043,500,000 SEK. Return on equity is negative at -6.52%, and return on assets is negative at -3.43%, indicating that the company is currently destroying shareholder value. The gross profit of 318,900,000 SEK suggests a gross margin of approximately 30.6%, but operating expenses exceed this margin, leading to the operating deficit.

Segment and geographic revenue breakdowns are not provided in the available data, preventing an analysis of revenue concentration or regional exposure. The company's revenue base is derived from its electrical equipment activities, but specific product lines or customer concentrations are not disclosed in the current snapshot.

Historical growth trajectory data is absent from the input, limiting the ability to assess revenue trends or earnings momentum over time. Without multi-period data, it is not possible to determine if the current losses represent a cyclical downturn or a structural shift in the business model.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting reliance on debt financing or future cash flow generation to service obligations. The company has 50,000,000 shares outstanding, with no difference between basic and diluted shares, suggesting no immediate dilution from options or convertible securities.

Recent observations include a management event where a new board member was added, signaling potential strategic shifts or governance changes. Analyst sentiment is neutral, with a mean recommendation of 3.00 (Hold) and a uniform price target of 15.00 SEK across all analysts covering the stock. There are no strong buy or buy ratings, with only one hold rating recorded, reflecting cautious market expectations.

Revenue kr 246.2M, −7,0% YoY; Operating income −432,0% YoY.

• ▍Revenue kr 246.2M, −7,0% YoY
• ▍Operating income −432,0% YoY
• ▍Net income −1 107,1% YoY
• ▍Free cash flow −197,1% YoY
• ▍Net margin -6.9%

Revenue kr 261.0M, −8,0% YoY; Operating income −251,5% YoY.

• ▍Revenue kr 261.0M, −8,0% YoY
• ▍Operating income −251,5% YoY
• ▍Net income −221,4% YoY
• ▍Free cash flow −60,8% YoY
• ▍Net margin -1.7%

Revenue kr 251.3M, −6,7% YoY; Operating income +96,7% YoY.

• ▍Revenue kr 251.3M, −6,7% YoY
• ▍Operating income +96,7% YoY
• ▍Net income +89,3% YoY
• ▍Free cash flow +122,3% YoY
• ▍Net margin -1.8%

Revenue kr 266.5M, −13,0% YoY; Operating income +123,3% YoY.

• ▍Revenue kr 266.5M, −13,0% YoY
• ▍Operating income +123,3% YoY
• ▍Net income +3,4% YoY
• ▍Free cash flow +371,4% YoY
• ▍Net margin -3.2%

Revenue kr 264.8M; Operating income -kr 2.5M.

• ▍Revenue kr 264.8M
• ▍Operating income -kr 2.5M
• ▍Net margin -0.5%

Revenue kr 283.7M; Operating income kr 3.3M.

• ▍Revenue kr 283.7M
• ▍Operating income kr 3.3M
• ▍Net margin -0.5%

Revenue kr 269.4M; Operating income -kr 48.0M.

• ▍Revenue kr 269.4M
• ▍Operating income -kr 48.0M
• ▍Net margin -15.6%

Revenue kr 306.3M; Operating income -kr 4.3M.

• ▍Revenue kr 306.3M
• ▍Operating income -kr 4.3M
• ▍Net margin -2.9%

Revenue kr 1.04B, −9,4% YoY; Operating income +85,4% YoY.

• ▍Revenue kr 1.04B, −9,4% YoY
• ▍Operating income +85,4% YoY
• ▍Net income +70,9% YoY
• ▍Free cash flow +201,7% YoY
• ▍Net margin -1.7%

Revenue kr 1.15B, −15,9% YoY; Operating income −208,8% YoY.

• ▍Revenue kr 1.15B, −15,9% YoY
• ▍Operating income −208,8% YoY
• ▍Net income −292,0% YoY
• ▍Free cash flow +65,7% YoY
• ▍Net margin -5.2%

Revenue kr 1.37B, −1,5% YoY; Operating income −66,6% YoY.

• ▍Revenue kr 1.37B, −1,5% YoY
• ▍Operating income −66,6% YoY
• ▍Net income −74,0% YoY
• ▍Free cash flow −100,0% YoY
• ▍Net margin 2.3%

Revenue kr 1.39B, +7,3% YoY; Operating income −26,2% YoY.

• ▍Revenue kr 1.39B, +7,3% YoY
• ▍Operating income −26,2% YoY
• ▍Net income −27,7% YoY
• ▍Free cash flow −131,4% YoY
• ▍Net margin 8.7%