SARSYS AB
NNGM:SARS0.55
SEK
0.00
(0.00%)
SARSYS AB
NGM:SARS
(Nordic Growth Market)
Recent
price
0.55
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Sarsys AB (NGM:SARS) designs, manufactures and sells continuous friction measuring equipment (CFME) and runway and road weather information systems (RWIS) for airports, municipalities and road authorities. The company's core products include friction testers such as the Sarsys Friction Tester (SFT), Sarsys Surface Trailer Friction Tester (STFT), T2GO portable friction tester, T-5 Trailer, Friction Tester eVito and Sideway-force Coefficient Routine Investigation Machine (SCRIM); friction tester transporters and trailers including the Sarsys Opel Friction Tester (SOFT), Sarsys Volvo Friction Tester (SVFT-V90) and Sarsys Friction Tester Transporter (SFTT); software solutions such as the Multi Information Data Assessment System (MIDAS) collaborative runway assessment platform and SNAp 2.0 app-based runway assessment software; as well as road weather information systems featuring sensors, forecasting tools and graphical user interface (GUI) platforms for live, historical and predictive data management. Sarsys AB serves customers including civil aviation administrations, governmental and private airports, military services and municipal authorities in over 70 countries, with a focus on enhancing traffic safety, reducing operational costs and minimizing environmental impact through optimized de-icing and chemical usage. Founded in 1991 and headquartered at Piledalsvägen 51, Köpingebro, Skåne County, Sweden, the company operates primarily in the aerospace and defense sector within capital goods, employing approximately 25-26 people. Sarsys AB, formerly known as SARSYS-ASFT AB (publ) and Scandinavian Airport and Road Systems AB, simplified its name to Sarsys AB effective May 24, 2023, aligning its branding with its core friction measurement and safety systems focus. In 2024, CFME Partners AB—a jointly owned entity of Runway Safe AB and Tron Capital AB—launched a mandatory public takeover offer for the remaining shares of Sarsys AB at SEK 2.70 per share, acquiring additional stakes including SEK 1.9 million in August 2024 and SEK 0.8 million in September 2024, positioning CFME Partners as a major shareholder and subsidiary parent. These developments strengthen Sarsys AB's strategic position in surface friction testing amid ongoing share acquisitions and potential full consolidation.