Today, we hosted an event with Wirtek's CEO Michael Aaen, who presented the FY 2024 results and the outlook for 2025. The presentation was followed by a Q&A session where Michael Aaen answered several questions from the audience.

The latest SKAKO one-pager following the FY2024 results looks at the outlook for 2025 and 2026, following SKAKO's record order for DKK 150m during the year. The one-pager also updates the investment case, key investment reasons, key investment risks, and valuation perspectives against its peer group.

Today, WindowMaster announced its 2024 annual report with record results for the year. The company also comments that the positive momentum has continued into the beginning of 2025.

In the interview, analyst Arttu Heikura summarizes the result and tells us more about the Dollarstore segment and SPAR collaboration in Finland.

This morning, Wirtek published its full annual report FY 2024, showing revenue of DKK 71.9 million (+2% y/y), which had been previously announced to the market, and is a little below its latest 2024 guidance of DKK 72.5-73.5 million. The revenue growth was supported driven by Wirtek’s two energy-focused acquisitions in 2024 of Pragmasoft and Seluxit, with 84% y/y growth in its energy segment, and some decline in its other segments amid challenging markets.

Tisdagen var en viktig dag för tillväxtutsikterna för euroekonomin. Den tyska förbundsdagen antog ett lagförslag om att lätta på den konstitutionella skuldbromsen. Samtidigt möjliggörs ett massivt investeringspaket på 500 miljarder euro och, om nödvändigt, en rättvis ökning av försvarsutgifterna.

CEO Martin Lindh provides a demonstrative walkthrough of BIMobject's new design application, the development of bim.com, and the opportunities available in the market.

Read the latest North Media One-pager, which includes a brief description of North Media, an update on the company's development in FY2024, the latest financials, valuation perspectives relative to a peer group, and several key investment risks and key investment reasons.

Finanslingo är egentligen inte svårare än vad man gör det till. Denna gång tar vi oss an termen EBIT och dess olika varianter.

The growth strategy, based especially on scaling the energy storage business, has progressed recently through a strong order intake.

We believe that the headwinds to gross margins, including price investments, increased markdowns, and negative impacts from external factors, have been stronger than earlier anticipated in H&M’s Q1 (Dec-Feb). As a result, we have lowered our earnings estimates. However, we still see earnings growth and dividends offering a good expected return, which, coupled with the declining valuation since our last research update (share price -9%), keeps the risk/reward ratio on the right side. Consequently, we reiterate our Accumulate recommendation but lower our target price to SEK 150 per share (prev. SEK 160) due to lower estimates.

Looking at the year as a whole, the difficult market situation is illustrated by the fact that none of the listed companies in the IT service sector achieved excellent or even good performance according to the Rule of 20 we have introduced.

Read the latest Asetek One-Pager following the FY2024 results and the recent rights issue. Asetek faced continued volatility in 2024, with solid growth in SimSports (+34%), while Liquid Cooling struggled due to increased competition, a major customer insolvency, and weaker demand. A rights issue completed in December 2024 raised gross proceeds of DKK 88m, primarily to finance investment and scale-up of SimSports activities as Asetek works towards its mid-term ambitions for SimSports revenues of USD +50m with positive (single-digit) EBITDA margins, and liquid cooling revenues of around USD 50m with >25% adj. EBITDA margins. For 2025 Asetek targets revenues of USD 52-58m (-1% to +10% y/y) with 3-5% adj EBITDA margins, with ongoing growth and margin improvement in SimSports and stabilization within liquid cooling. Discover more about Asetek’s market position, financial outlook, and investment case in the full one-pager.

In connection with Rovsing’s capital raise and latest development in the share price, we have updated our investment case one-pager. Get insights into the investment case supporting major space companies, key reasons to invest and key risk to consider, as well how Rovsing is valued against other small and midcap space companies.