Annehem Fastigheter AB (publ)

Annehem Fastigheter AB (publ) has a debt-to-equity ratio of 0.82, indicating a moderate level of leverage relative to its equity base. The company's liquidity position is characterized by a current ratio of 1.62, suggesting it can cover its short-term obligations with its current assets. However, the company reported negative operating cash flow of -1.5 million SEK and free cash flow of -9.0 million SEK, signaling potential liquidity constraints.

Profitability metrics for Annehem Fastigheter AB (publ) show a return on equity (ROE) of -0.35% and a return on assets (ROA) of -0.19%, both of which are negative and below the typical performance expectations for the real estate industry. The company's net income for the period was -9.2 million SEK, indicating a net loss despite a gross profit of 60.9 million SEK.

The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of segment and geographic diversification may expose the company to higher operational and market risks.

Looking ahead, the company's revenue outlook is uncertain, with no specific growth projections provided in the available data. The negative net income and declining cash flow metrics suggest a challenging operating environment. Analysts have issued a single "Hold" recommendation, with no strong buy or sell ratings, indicating a neutral stance on the stock.

The risk assessment for Annehem Fastigheter AB (publ) highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after accounting for total debt, which could impact its ability to fund operations without external financing. No significant dilution sources were identified in the available data.

Recent financial filings and transcripts do not indicate any major strategic shifts or operational changes for Annehem Fastigheter AB (publ). The company's performance appears to be influenced by broader real estate market conditions and internal operational challenges.

Revenue grew 11.3% year-over-year to SEK 325 million in FY-1, demonstrating consistent top-line expansion.

Operating income surged 175% year-over-year to SEK 119.4 million, signaling a strong operational recovery.

Net income improved 109.2% year-over-year, returning to profitability with SEK 18.5 million in FY-1.

Debt-to-equity ratio of 0.82 is below the cohort median of 0.52, indicating conservative leverage.

The company faces a high credit risk flag, suggesting significant concerns regarding its debt obligations.

Net margin of -11.3% places the company in the bottom quartile of its real estate cohort.

Long-term debt increased to SEK 2.2 billion in FY-1, continuing a rising trend from previous years.

Revenue kr 85.4M, +6,2% YoY; Operating income +80,0% YoY.

• ▍Revenue kr 85.4M, +6,2% YoY
• ▍Operating income +80,0% YoY
• ▍Net income +14,6% YoY
• ▍Free cash flow +15,4% YoY
• ▍Net margin -22.6%

Revenue kr 91.3M, +10,1% YoY; Operating income −26,0% YoY.

• ▍Revenue kr 91.3M, +10,1% YoY
• ▍Operating income −26,0% YoY
• ▍Net income −89,7% YoY
• ▍Free cash flow −89,0% YoY
• ▍Net margin 1.5%

Revenue kr 82.3M, +0,9% YoY; Operating income +41,7% YoY.

• ▍Revenue kr 82.3M, +0,9% YoY
• ▍Operating income +41,7% YoY
• ▍Net income +229,3% YoY
• ▍Free cash flow +234,4% YoY
• ▍Net margin 14.5%

Revenue kr 80.4M; Operating income -kr 3.0M.

• ▍Revenue kr 80.4M
• ▍Operating income -kr 3.0M
• ▍Net margin -28.1%

Revenue kr 82.9M; Operating income kr 30.4M.

• ▍Revenue kr 82.9M
• ▍Operating income kr 30.4M
• ▍Net margin 16.4%

Revenue kr 81.6M; Operating income kr 28.8M.

• ▍Revenue kr 81.6M
• ▍Operating income kr 28.8M
• ▍Net margin -11.3%

Revenue kr 325.0M, +11,3% YoY; Operating income +175,0% YoY.

• ▍Revenue kr 325.0M, +11,3% YoY
• ▍Operating income +175,0% YoY
• ▍Net income +109,2% YoY
• ▍Free cash flow +109,5% YoY
• ▍Net margin 5.7%

Revenue kr 292.1M, +11,2% YoY; Operating income −147,9% YoY.

• ▍Revenue kr 292.1M, +11,2% YoY
• ▍Operating income −147,9% YoY
• ▍Net income −196,8% YoY
• ▍Free cash flow −198,8% YoY
• ▍Net margin -68.7%

Revenue kr 262.6M, +15,7% YoY; Operating income +8,5% YoY.

• ▍Revenue kr 262.6M, +15,7% YoY
• ▍Operating income +8,5% YoY
• ▍Net income −1,1% YoY
• ▍Free cash flow −1,8% YoY
• ▍Net margin 78.9%

Revenue kr 226.9M; Operating income kr 306.3M.

• ▍Revenue kr 226.9M
• ▍Operating income kr 306.3M
• ▍Net margin 92.4%