Karnell Group AB (publ) (STO:KARNEL.B)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Product Companies	891.80M	678.50M	457.20M	409.34M	130.33M
Product Companies Growth	31.44%	48.40%	11.69%	214.08%	-
HQ and Other	100.00K	-	-	-	-
Niche Production	795.70M	723.80M	646.00M	470.66M	291.70M
Niche Production Growth	9.93%	12.04%	37.25%	61.35%	-
Central and Elimination	-	-	100.00K	129.00K	312.00K
Central and Elimination Growth	-	-	-22.48%	-58.65%	-
Total	1.69B	1.40B	1.10B	880.13M	422.34M
Total Growth	20.35%	27.10%	25.36%	108.39%	-

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Sweden	404.50M	362.00M	245.30M	240.25M	127.28M
Sweden Growth	11.74%	47.57%	2.10%	88.76%	-
Finland	793.80M	698.30M	635.20M	449.93M	149.72M
Finland Growth	13.68%	9.93%	41.18%	200.51%	-
UK	160.00M	93.50M	7.40M	-	-
UK Growth	71.12%	1163.51%	-	-	-
Europe, other	222.80M	91.70M	79.60M	47.38M	47.77M
Europe, other Growth	142.97%	15.20%	68.01%	-0.81%	-
Other Countries	106.60M	25.90M	25.00M	25.58M	18.47M
Other Countries Growth	311.58%	3.60%	-2.26%	38.47%	-
Denmark	-	8.90M	12.00M	15.92M	9.57M
Denmark Growth	-	-25.83%	-24.60%	66.31%	-
Norway	-	55.50M	56.70M	48.18M	32.68M
Norway Growth	-	-2.12%	17.69%	47.41%	-
Germany	-	16.10M	10.20M	7.49M	7.01M
Germany Growth	-	57.84%	36.22%	6.88%	-
Netherlands	-	19.50M	12.40M	9.90M	6.55M
Netherlands Growth	-	57.26%	25.23%	51.24%	-
Asia	-	25.30M	9.40M	32.08M	21.79M
Asia Growth	-	169.15%	-70.69%	47.20%	-
United States	-	5.60M	10.10M	3.44M	1.51M
United States Growth	-	-44.55%	194.03%	127.79%	-
Total	1.69B	1.40B	1.10B	880.13M	422.34M
Total Growth	20.35%	27.10%	25.36%	108.39%	-

Source: S&P Global Market Intelligence.