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Karnov Group AB (publ)

Karnov Group AB (publ)

KAR.ST
Karnov Group AB (publ)SE flagStockholm Stock Exchange
71.00
SEK
-1.10
- -
6.86BMarket Cap
Karnov Group AB (publ)
KAR.ST
(Stockholm Stock Exchange)

Recent

price

71.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.32
4.62
7.32
8.97
7.9
8.97
10.32
22.94
24.03
24.48
24.18
Revenue per Share
-0.87
0.07
-0.52
0.03
1.02
0.87
0.56
0.35
-0.31
9
8.87
Basic EPS, GAAP
0.72
0.42
0.89
0.15
3.03
2.56
1.69
1.61
1.37
1.58
1.73
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.45
1
- -
- -
- -
- -
- -
Dividend per Share
-1.83
-1.75
-2.28
-2.55
-1.59
-1.73
-1
-0.59
-0.81
8.29
8.9
Book Value per Share
-13.68
-14.68
-23.77
-16.49
-12.52
-10.22
-30.73
-29.18
-33.45
-19.98
-25.59
Tangible Book Value per Share
98
98
98
84
98
98
108
108
108
108
107
Basic Weighted Avg Shares
422
452
715
757
771
878
1,114
2,475
2,593
2,641
2,596
Sales/Revenue/Turnover
20.47
25.16
8.76
10.59
16.99
13.25
7.08
6.31
5.63
42.52
43.38
Operating Margin (%)
68
66
147
171
190
209
234
368
386
413
414
Depreciation Expense
-85
7
-51
3
100
85
60
38
-33
971
952
Net Income, GAAP
- -
59.5
- -
- -
17.06
18.36
- -
- -
- -
5.71
5.61
Effective Tax Rate (%)
-20.05
1.62
-7.12
0.35
12.95
9.67
5.38
1.54
-1.28
36.76
36.67
Profit Margin (%)
-150
-292
-481
-405
79
348
-552
-844
-916
-242
-809
Working Capital
1,025
978
1,597
941
1,283
1,297
2,698
2,302
2,703
1,986
2,002
LT Debt
674
705
625
1,527
1,551
2,154
2,326
2,337
2,374
3,245
2,671
Total Equity
- -
2.6
- -
- -
3.91
2.96
- -
- -
- -
19.35
22.28
Return on Invested Capital (%)
- -
3.92
- -
- -
12.05
8.72
- -
- -
- -
36.88
39.86
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
291
181
182
LT Borrowings
1,869
1,830
1,853
LT Finance Leases
133
157
149
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
108
108
99
Market Capitalization
12,147
10,852
7,645

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
704
1,524
1,169
Cash, Cash Equivalents & STI
45
932
505
Accounts Receivable, Net
339
376
407
Inventories
19
18
20
Total Current Liabilities
1,814
1,765
1,977
Payables & Accruals
- -
- -
- -
ST Debt
291
181
182
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.13%
36.73%
Free Cash Flow
- -
-9.39%
15.43%
Net Income, GAAP
- -
-660.06%
-3,032.93%
Sales/Revenue/Turnover
- -
33.9%
1.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
632
623
648
690
2,593
2025
672
649
654
665
2,641
2026
628
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
0.01
-0.11
-0.09
-0.31
2025
0.72
0.07
0.4
7.81
9
2026
0.55
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Karnov Group AB (publ) provides essential information and workflow solutions for professionals in the legal, tax, and accounting sectors across various European markets. The company primarily delivers subscription-based digital platforms and advanced workflow tools, which increasingly integrate artificial intelligence to enhance user efficiency and decision-making. Complementing its digital offerings, Karnov also publishes specialized printed materials and organizes professional development courses. The group serves a broad clientele including law firms, tax and accounting specialists, corporate entities, and public sector organizations such as courts, academic institutions, and governmental agencies. Operating with a strong presence in Denmark, Sweden, Norway, France, Spain, and Portugal, Karnov Group leverages brands like Karnov, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, and DIBkunnskap. Founded in 1867, the company maintains its headquarters in Stockholm, Sweden.