Solid Försäkringsaktiebolag (publ)

Solid Försäkringsaktiebolag (publ)

SFAB.ST
Solid Försäkringsaktiebolag (publ)SE flagStockholm Stock Exchange
95.40
SEK
-0.50
- -
1.69BMarket Cap
Solid Försäkringsaktiebolag (publ)
SFAB.ST
(Stockholm Stock Exchange)

Recent

price

95.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
41.97
47.1
46.88
51.96
55.52
63.55
68.41
65.03
65.01
Revenue per Share
0.72
2.47
2.17
6
5.54
8.67
8.99
8.31
8.07
Basic EPS, GAAP
6.52
7.4
6.91
8.15
9.26
-6.46
6.17
3.35
5.61
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
2.88
4.52
5.02
- -
Dividend per Share
3.22
5.69
10.36
16.41
20.64
24.18
27.62
29.74
25.46
Book Value per Share
2.48
4.27
8.74
15.24
19.76
23.08
26.26
28.39
23.88
Tangible Book Value per Share
20
20
20
20
20
19
18
18
18
Basic Weighted Avg Shares
839
942
938
1,039
1,108
1,212
1,253
1,166
1,177
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4
8
10
10
7
7
7
8
- -
Depreciation Expense
14
49
43
120
111
165
165
149
146
Net Income, GAAP
5.41
11.15
14.29
20.73
20.51
24.76
22
20.7
22.19
Effective Tax Rate (%)
1.71
5.25
4.63
11.55
9.98
13.64
13.14
12.78
12.41
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
64
113
206
327
411
460
504
534
462
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
55.53
27.09
44.9
29.97
37.92
34.19
28.77
32.36
Return on Capital (%)
- -
55.5
27.02
44.82
29.9
37.88
34.07
28.69
32.36
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
1,532
1,546
1,448

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
344
235
178
Accounts Receivable, Net
78
98
96
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.42%
5.85%
Free Cash Flow
- -
-74.77%
-46.85%
Net Income, GAAP
- -
41.68%
-9.51%
Sales/Revenue/Turnover
- -
4.66%
-6.97%
Total Cash Common Dividend
- -
- -
8.75%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
306
311
323
281
1,253
2025
287
286
284
- -
1,166
2026
261
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.43
2.23
2.67
1.65
8.99
2025
1.75
1.99
2.15
- -
8.31
2026
1.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.52
2025
- -
- -
- -
- -
5.02
2026
- -
- -
- -
- -
- -
Business
Solid Försäkringsaktiebolag (publ) (SFAB.ST) provides niche non-life insurance products to private individuals and businesses primarily in the Nordic region, including Sweden, Denmark, Norway, and Finland, as well as internationally; the company operates through three core segments encompassing Personal Safety, with income insurance, payment protection insurance, and accident insurance offered mainly via banks and credit institutions; Product, featuring all-risk coverage insurance and deductible elimination for bicycles, consumer electronics, white goods, garden tools, glasses, watches, and jewelry distributed through retail chains; and Assistance, including roadside assistance tied to vehicle warranties, travel insurance, and related products sold via car dealerships, travel agents, and some direct-to-consumer channels. Founded in 1993 and headquartered in Helsingborg, Sweden, Solid Försäkringsaktiebolag employs approximately 74-78 people and maintains a B2B2C distribution model through long-term partnerships with retail chains, banks, credit institutions, travel agents, and car dealerships, serving over 2.3 million customers with a focus on low-risk, stable niche markets. Recent developments include the April 2025 completion of the acquisition of Garantipartner Skandinavien AB, a Swedish car warranty business with approximately SEK 20 million in 2024 premium income, to bolster the Assistance segment; earlier bolt-on purchases such as Norwegian Car Protect AS in 2023 and another Swedish car warranty firm in early 2024; ongoing IT infrastructure investments to support rapid growth in policy volumes; and a growth strategy emphasizing new strategic partnerships, product portfolio expansion, and aftermarket opportunities in the Nordics, as highlighted in the Q3 2025 interim report.