Karnov Group AB (publ) (STO:KAR)

Sweden · Delayed Price · Currency is SEK

68.10

+2.00 (3.03%)

Jul 24, 2026, 5:29 PM CET

Karnov Group AB Financials Overview

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,597	2,641	2,593	2,475	1,114	878.07
Revenue Growth	-1.41%	1.86%	4.77%	122.24%	26.81%	13.83%
Gross Profit	2,287	2,316	2,244	2,109	955.6	739.35
Operating Income	1,126	1,123	146	156.2	78.8	116.31
Net Income	952.1	970.8	-33.1	38.2	59.9	84.91
Earnings Per Share	8.80	8.98	-0.31	0.34	0.55	0.86
EPS Growth	1560.38%	-	-	-38.18%	-36.05%	-15.69%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Region South	1,286	1,318	1,382	1,389	114.2
Region North	1,311	1,323	1,211	1,086	999.3
Total	2,597	2,641	2,593	2,475	1,114

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	505.3	931.8	402.8	450.6	671.2	951.47
Total Debt	2,184	2,168	2,870	2,438	2,750	1,309
Net Cash (Debt)	-1,679	-1,236	-2,467	-1,988	-2,079	-357.56
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-15.53	-11.43	-22.82	-18.39	-19.23	-3.64

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	363.5	340.2	315.5	337	275.9	314.16
Capital Expenditures	-10.3	-7.3	-4.4	-7.2	-3.9	-1.41
Free Cash Flow	353.2	332.9	311.1	329.8	272	312.75
Free Cash Flow Growth	-20.68%	7.01%	-5.67%	21.25%	-13.03%	-16.83%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	88.08%	87.69%	86.54%	85.24%	85.82%	84.20%
Operating Margin	43.38%	42.52%	5.63%	6.31%	7.08%	13.25%
Pretax Margin	38.85%	38.99%	-1.29%	1.39%	4.49%	11.75%
Profit Margin	36.67%	36.76%	-1.28%	1.49%	5.38%	9.59%
FCF Margin	13.60%	12.61%	12.00%	13.33%	24.43%	35.62%

Dividends

Fiscal Year	FY 2021
Period Ending	Dec '21 Dec 31, 2021
Dividend Yield	1.49%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 26, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	7.74	11.20	-	163.24	106.18	77.91
Forward PE	12.87	20.25	19.83	16.75	16.82	24.10
P/FCF Ratio	18.59	32.60	28.54	18.15	23.16	23.07
PS Ratio	2.53	4.11	3.42	2.42	5.66	8.22