Atrium Ljungberg AB Class B

Atrium Ljungberg AB Class B

21.15
SEK
+0.25
(+1.20%)
0.49EPS
53.32P/E
16.58BMarket Cap
Jan 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.63
3.5
3.71
3.45
3.85
3.98
4.32
4.34
4.87
4.45
5.13
5.58
5.46
5.69
Basic EPS, GAAP
1.7
0.98
4.18
4.02
3.84
5.23
4.32
1.34
5.93
6.79
-1.51
1.35
1.31
0.49
Free Cash Flow per Basic Share
1.31
1.1
1.5
1.41
1.72
1.89
2.05
1.91
1.94
2.02
1.72
1.99
1.86
1.76
Dividend per Share
0.57
0.6
0.66
0.71
0.79
0.91
0.97
1
1.01
1.04
1.06
0.7
0.72
1.1
Book Value per Share
16.93
17.4
20.95
24.28
27.36
31.07
35.1
35.49
39.2
46.22
43.64
44.29
44.88
44.56
Tangible Book Value per Share
16.51
16.99
20.55
23.89
27
30.73
32.74
33.39
37.37
45.96
41.36
41.71
42.04
44.23
Basic Weighted Avg Shares
651
660
666
666
666
660
650
648
633
631
631
631
631
631
Sales/Revenue/Turnover
2,362
2,311
2,468
2,299
2,563
2,629
2,810
2,811
3,084
2,806
3,233
3,516
3,445
3,590
Operating Margin (%)
52.8
54.8
54.66
58.59
60.52
57.7
56.69
50.87
50
55.24
58.4
57.14
57.33
53.9
Depreciation Expense
6
7
8
6
8
11
13
13
13
14
11
5
13
32
Net Income, GAAP
1,108
645
2,784
2,681
2,559
3,453
2,807
867
3,757
4,288
-954
850
823
311
Effective Tax Rate (%)
13.35
21.16
18.86
21.97
17.72
8.7
18.64
- -
19.31
20.49
- -
17.33
26.12
35.48
Profit Margin (%)
46.93
27.92
112.8
116.62
99.84
131.34
99.89
30.84
121.82
152.82
-29.51
24.18
23.89
8.66
Working Capital
-1,099
-3,534
-2,295
-2,097
-550
772
779
736
1,443
1,107
-2,749
-3,331
-4,432
-6,105
LT Debt
10,660
9,807
10,976
13,125
16,415
18,506
21,516
20,084
21,586
26,666
22,484
21,236
22,079
22,062
Total Equity
11,021
11,590
13,953
16,176
18,223
20,696
22,786
22,669
25,541
29,142
27,519
27,928
28,297
28,096
Return on Invested Capital (%)
4.61
4.19
4.23
3.59
3.77
3.66
3.1
- -
2.77
2.39
- -
3.09
2.66
2.24
Return on Capital (%)
6.5
4.14
12.17
10.19
8.46
9.86
7.43
- -
8.86
8.98
- -
2.49
2.58
1.14
Return on Common Equity (%)
10.42
5.71
21.8
17.8
14.88
17.74
12.91
3.81
15.59
15.68
-3.37
3.07
2.93
1.11

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,729
7,382
7,122
LT Borrowings
20,450
19,488
19,877
LT Finance Leases
1,629
1,642
2,185
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
631
631
631
Market Capitalization
20,943
18,490
16,583

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,480
2,350
2,124
Cash, Cash Equivalents & STI
262
193
44
Accounts Receivable, Net
126
- -
- -
Inventories
1,580
1,413
1,356
Total Current Liabilities
6,912
9,232
8,229
Payables & Accruals
- -
- -
- -
ST Debt
5,729
7,382
7,122
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.57%
4.8%
1.32%
Free Cash Flow
2.21%
-0.54%
-6.46%
Net Income, GAAP
-2.82%
6.59%
-3.18%
Sales/Revenue/Turnover
3.68%
4.53%
-2.02%
Total Cash Common Dividend
1.27%
-5.62%
2.95%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
866
895
855
902
3,516
2025
813
831
- -
955
3,445
2026
869
935
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.64
0.41
-0.08
0.37
1.35
2025
0.72
0.1
- -
-0.03
1.31
2026
0.32
0.1
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
- -
- -
0.35
0.7
2025
0.36
- -
- -
0.36
0.72
2026
0.74
- -
- -
- -
- -

Company Description

CEO
Annica Ånäs
Full Time Employees
301
Sector
Finance
Industry
Real estate development
Address
Smedjegatan 2C Nacka AB Sweden 131 04
IPO Date
Jan 1, 1994
Website
al.se
Business
Atrium Ljungberg AB (publ) (ATRLJ-B.ST) owns, develops, and manages real estate properties primarily in Sweden's growth regions of Stockholm, Uppsala, Gothenburg, and Malmö; its portfolio emphasizes office and retail spaces blended with residential units, cultural venues, healthcare facilities, restaurants, services, education premises, and tenant-owned dwellings, encompassing over 1,000,000 square meters of leasable area with a property value of approximately SEK 60 billion. Founded in 1946 through the initiatives of builder Tage Ljungberg and headquartered in Nacka, Sweden, the company operates as one of the largest urban development firms listed on Nasdaq Stockholm, focusing on sustainable mixed-use environments through long-term ownership, in-house expertise via subsidiary TL Bygg for construction efficiency, and collaborations with municipalities, tenants, and residents. It targets commercial tenants, residents, and public entities in strong submarkets, with two-thirds of properties dedicated to offices, and maintains co-ownership in A house, a coworking specialist for creative spaces. Recent developments include the 2023 announcement of Stockholm Wood City in Sickla, the world's largest wooden urban project spanning 250,000 square meters across 25 blocks for workplaces, housing, retail, and services; a June 2025 SEK 860 million ten-year unsecured loan from Nordic Investment Bank for redeveloping Söderhallarna at Medborgarplatsen in Stockholm; extension of a major lease with Ericsson for over 31,500 square meters in Gothenburg's Lindholmen through April 2032; sale of the Kv Stanford 1 development right in Hagastaden to Besqab AB for an underlying value of SEK 818 million in September 2025; and Moody's upgrade of its rating outlook to stable from negative in September 2025 while affirming the Baa2 rating.