Creades AB Class A

Creades AB Class A

83.58
SEK
-0.62
(-0.74%)
19.99EPS
3.99P/E
10.84BMarket Cap
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
5.24
3.63
8.24
9.54
10.13
10.28
9.07
32.2
34.06
-30.93
3.96
9.39
9.35
19.92
Basic EPS, GAAP
4.53
2.9
4.04
2.42
1.96
4.25
8.71
29.26
31.97
-29.08
4.11
8.85
8.93
19.99
Free Cash Flow per Basic Share
-1.46
-0.16
0.44
-0.73
0.31
0.28
-0.22
0.13
0.68
0.18
1.51
1.4
0.94
2.48
Dividend per Share
0.08
- -
- -
- -
1.4
1.48
1.4
2.1
1.39
1.4
1.4
1.55
1.6
1.59
Book Value per Share
17.71
19.89
23.85
26.06
26.62
29.67
36.98
63.79
95.35
64.87
67.58
74.83
82.17
94.64
Tangible Book Value per Share
17.12
19.45
22.72
24.07
24.64
29.67
36.98
63.79
95.35
64.87
67.58
74.83
82.17
94.64
Basic Weighted Avg Shares
180
145
136
127
125
125
125
125
131
136
136
136
136
136
Sales/Revenue/Turnover
940
525
1,117
1,211
1,263
1,281
1,131
4,014
4,466
-4,199
538
1,275
1,270
2,704
Operating Margin (%)
88.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
2
2
2
-2
2
2
- -
Net Income, GAAP
814
420
548
307
244
530
1,086
3,647
4,193
-3,948
558
1,202
1,213
2,714
Effective Tax Rate (%)
- -
5.01
- -
3.08
2.31
- -
- -
0.25
0.62
- -
- -
- -
- -
- -
Profit Margin (%)
86.6
80
49.06
25.35
19.32
41.37
96.02
90.86
93.89
94.02
103.72
94.27
95.51
100.37
Working Capital
133
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
9
173
197
146
102
- -
9
7
6
3
2
10
8
7
Total Equity
2,786
2,832
3,151
3,319
3,399
3,699
4,610
7,951
12,945
8,807
9,175
10,159
11,155
12,848
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
14.59
- -
8.78
6.72
- -
- -
57.99
40.11
- -
6.2
12.43
11.37
23.39
Return on Common Equity (%)
27.95
15.21
18.45
9.64
7.43
15.11
26.14
58.07
40.13
-36.3
6.21
12.43
11.38
23.41

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
136
136
136
Market Capitalization
10,162
9,198
10,841

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
287
104
134
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.92%
11.11%
9.8%
Free Cash Flow
31.74%
212.88%
-32.63%
Net Income, GAAP
21.65%
-35.4%
0.92%
Sales/Revenue/Turnover
9.84%
-31.79%
-0.39%
Total Cash Common Dividend
- -
- -
3.33%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-79
771
182
349
1,275
2025
198
602
- -
186
1,270
2026
-471
2,387
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
5.68
1.34
2.11
8.85
2025
1.31
4.43
- -
1.49
8.93
2026
-3.52
17.59
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.4
0.4
0.4
1.55
2025
0.4
0.4
- -
0.4
1.6
2026
0.4
0.4
- -
- -
- -

Company Description

CEO
John Jakob Hedberg
Full Time Employees
7
Sector
Miscellaneous
Industry
Investment trusts
Address
Ingmar Bergmans gata 4 Stockholm AB Sweden 114 34
IPO Date
Feb 22, 2012
Website
creades.se
Business
Creades AB is a Swedish investment company specializing in private equity and venture capital investments in small and medium-sized public and private Nordic companies, primarily in Sweden. Founded in 2011 and headquartered in Stockholm, Creades actively engages as an owner to create value through operational, structural, and financial change initiatives. Its core products include an investment portfolio composed of long-term holdings in listed companies such as Avanza Bank, Lindab, Concentric, and unlisted companies including Carnegie, Klarna, and Acne Studios. Creades invests across various stages including early, mid, and late venture, emerging growth, middle market, growth capital, and buyouts. The company’s investment strategy emphasizes active ownership to drive shareholder value creation. The portfolio typically consists of 60-70% listed holdings and 20-30% unlisted holdings with a balance in other liquid assets. In recent years, Creades has taken a more active role in portfolio companies, exemplified by assuming board positions and strategic leadership roles. Notable recent developments include increased operational involvement in portfolio companies during 2024 and expansion efforts such as new product initiatives and investments aimed at establishing production units, including plans for opening a production unit in the United States in 2025. Creades also pursues strategic partnerships and acquisitions to broaden its investment scope and capabilities. Creades operates mainly in the financial and investment services sector within the Nordic region, targeting growth-oriented small to medium enterprises. The company was spun off from Investment AB Öresund and leverages both personal and balance sheet capital for investments. It reported a strong 2024 performance with significant growth in net asset value and a strategic realignment under a new CEO. The company is listed on the Stockholm Stock Exchange under the ticker CRED-A.ST. Overall, Creades offers diversified investment products emphasizing value creation through active ownership and strategic growth initiatives in Nordic small and medium-sized enterprises, with recent expansions in operational engagement and production capabilities abroad.