Solid Forsakringsaktiebolag
SSTO:SFAB112.80
SEK
+0.60
(+0.53%)
ISIN
SE0017082548
Return %
Stock
S&P 500
1Y
44.80
14.20
3Y
111.24
81.12
5Y
- -
68.34
Capital Structure
SEK
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in mil. unless spec.Working Capital
SEK
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in mil. unless spec.Growth Rates
SEK
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in mil. unless spec.Quarterly Revenue
SEK
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in mil. unless spec.Quarterly Earnings Per Share
SEK
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in mil. unless spec.Quarterly Dividends Per Share
SEK
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in mil. unless spec.Company Description
- CEO
- Marcus Tillberg
- Full Time Employees
- 75
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Landskronavägen 23 Helsingborg SN Sweden 250 22
- IPO Date
- Dec 1, 2021
- Website
- solidab.se
- Similar Companies
- 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.