contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Intrum operates in the financial services industry. The company specializes in credit management services, with a focus on invoice purchasing, credit information, invoicing and debt collection-related issues. Intrum operates in the European market, with small and medium-sized corporate customers as its main customer base. The head office is located in Stockholm and the company was founded in 1923.

Intrum has been quiet during March. It has gone down and the short percentage has risen to seven. A large part of the decline is related to Nordic Capital’s sales, but the situation in the Middle East is probably even bigger. Rising interest rates are not good for Intrum, which would like to renegotiate its financing by the end of June at the latest. It is presumably already being negotiated in the background since the beginning of the year. In addition, the Brocc/Cerberus deal from January has not yet been closed. As long as there is no announcement about it, the markets will live in uncertainty as to whether Intrum’s debt restructuring gentlemen will approve the portfolio deal or not. In principle, Intrum is at the mercy of its creditors as long as the Chapter 11 debt package exists. If one paints the worst-case scenario for early summer, Intrum will not get approval for the deal and refinancing will be delayed due to the Middle East crisis shutting down debt financing. Intrum has time to negotiate these until 2027, but if these are not closed by H1 2026 (as Intrum itself has named as the estimated time), a firm suffering from a lack of confidence will certainly not earn more confidence. Look at Vix and Intrum bonds:   Vix 31, highest since the crazy days of the Trade War. Intrum has always been trampled in the mud when Vix rises.   The 2030 bond (a very expensive one) was in a downturn even before the Middle East crisis, the decline only accelerated from there and is now close to the ATL level.   The 2027 bond has remained roughly the same. There is no great concern about its repayment. **  A funny (and useless) observation is that Intrum’s bottoms last and the year before last hit in March. Now that month would be ending conveniently, and tomorrow a quiet period begins. Presumably, NC will not be able to sell during this quiet period, so in principle, a traditional rise to around 50 kr before the earnings report might begin. Of course, the utterly miserable market situation will change things, but it is still worth noting all the same. Upcoming:  Annual General Meeting April 22  Q1 earnings report May 7

NC sold the last of its Cints already in February, after which the stock quickly doubled. So that exit would also support the theory that the NC VIII fund is coming to the end of its road. It was established in December 2013, so it’s about to be 13 years. A typical lifespan for those is 10 years + 1–3 years of extensions. Therefore, it should be closed by this December at the latest.

It seems to be a rumor that April would be the fund’s closing date. I took a look and they hadn’t trimmed their position in CintGroup at all over the last 6 months, and they have over a 20% stake in Noba bank, even though they had one flash sale here a few weeks ago together with Sampo. But in Intrum, the pace of selling has picked up, which was already noticed here.  So it turns out they had actually exited CintGroup. I just read the holdings from the interim reports.

I’ve seen it mentioned several times in secondary sources that NC might be selling its Intrum position by the end of April (due to a fund closure or similar). This would certainly align with the clearly increased short interest. Does anyone have anything more concrete regarding this timeline?

The February shareholder list was posted on the site, but for the most part, it was already known.  NC reduced by over 4 million Avanza pension setup added 0.6 million Vist added 0.5 million Nordnet’s pension setup added 1.5 million Kerstin Danielson added at least enough to break into the top 10

They have already doubled their selling pace, whereas previously fewer than 2 million shares were sold per month. They clearly want to get out quickly. Volumes have remained high in March as well, so I’d bet we’ll see a flagging notification for dropping below 5% this month.

This morning, the shareholder list on the website had not yet been updated, but a wire from Nordnet would confirm that NC was behind that February dump. Based on a quick calculation, the total trading volume for all of February was 18.4 million shares, so NC’s dump accounts for a quite significant portion of this. Unfortunately, the remaining share count allows for similar activity for another couple of months. STOCKHOLM (News Agency Direkt) Nordic Capital has continued selling Intrum shares throughout February. This is evident from the update by the ownership data service Holdings. By February 25th, Nordic Capital owned approximately 10.6 million shares of the credit management company, representing just under 7.8 percent of the share capital. This means that Nordic Capital sold a total of 4.2 million shares during February. After making smaller reductions to its holdings in previous years, Nordic Capital began selling shares on a larger scale in October 2024. At that time, the private equity firm owned over 30 percent of Intrum.

Intrum

Intrum AB (“Intrum”) har publicerat sin årsredovisning för räkenskapsåret 2025, som omfattar förvaltningsberättelsen, inklusive bolagsstyrningsrapport och hållbarhetsrapport, samt de finansiella...

<div class="mfn-preamble"><p><strong>Intrum AB (“Intrum”) har publicerat sin årsredovisning för räkenskapsåret 2025, som omfattar förvaltningsberättelsen, inklusive bolagsstyrningsrapport och hållbarhetsrapport, samt de finansiella rapporterna.</strong></p></div><div class="mfn-body"><p><strong class="mfn-heading-2">2025 i korthet</strong></p><p>2025 var ett transformativt år där bolaget förbättrade marginalerna, ökade kostnadseffektiviteten och fortsatte omställningen mot en kapitallätt affärsmodell, med stöd av teknologi och data. Resultatförbättringarna drevs av fortsatta investeringar i operativ teknologi, utbyggda digitala kanaler och AI-drivna lösningar, vilket stärkte effektiviteten, inkasseringsprestationen och kundupplevelsen. Totalt levererade Intrum 92 miljarder kronor till uppdragsgivare på 20 europeiska marknader, samtidigt som miljontals individer fick stöd i att hantera och lösa sin skuldsituation.</p><ul><li>Totala intäkter uppgick till 17&nbsp;030 MSEK (18&nbsp;033)</li><li>Justera rörelseresultat (EBIT) ökade till 5&nbsp;345 MSEK (4&nbsp;548)</li><li>Skuldsättningsgraden förbättrades till 4,8x (5,3x)</li></ul><p>Årsredovisningen innehåller även en hållbarhetsrapport, för första gången upprättad i enlighet med European Sustainability Reporting Standards (ESRS), i enlighet med kraven i Corporate Sustainability Reporting Directive (CSRD).</p><p><strong class="mfn-heading-2">Johan Åkerblom, vd och koncernchef för Intrum, kommenterar:</strong></p><p><em>”Under 2025 tog vi avgörande steg för att etablera en ny kapitalstruktur och bygga ett mer motståndskraftigt bolag med den finansiella flexibilitet som krävs för att genomföra vår strategi. Vår prioritet var att stärka den operativa effektiviteten, växa inom Servicing och fortsätta omställningen mot en kapitallätt modell.</em></p><p><em>Med en starkare plattform på plats är vårt fokus nu att ytterligare minska riskerna i bolaget, säkerställa ett disciplinerat genomförande och skapa långsiktigt värde.”</em></p><p>Årsredovisningen 2025 finns nu tillgänglig på:<br><a href="http://www.intrum.com" rel="noopener">www.intrum.com</a></p><p><strong class="mfn-heading-2">För ytterligare information, vänligen kontakta:</strong></p></div><div class="mfn-footer mfn-b9a7e80ae34b"><p><strong class="mfn-heading-1">Investor Relations:</strong><br>Annie Ho, Head of Treasury &amp; Investor Relations<br><a href="mailto:annie.ho@intrum.com" rel="noopener">ir@intrum.com</a></p></div><div class="mfn-footer mfn-about mfn-4d3e3a7b96bb"><p><strong class="mfn-heading-1">Om Intrum</strong></p><table><tbody><tr><td colspan="1" rowspan="1" valign="middle">Intrum är Europas ledande leverantör av kredithanteringstjänster med verksamhet i 20 länder. Vi stöttar miljontals människor att förbättra sin ekonomi, samtidigt som vi hjälper företag att få betalt. Med över 100 års erfarenhet, cirka 9&nbsp;000 medarbetare och 70&nbsp;000 uppdragsgivare, möjliggör Intrum hållbara betalningar genom att kombinera teknik och empati, med människan är i centrum.<br>&nbsp;<br>Bolaget har sitt huvudkontor i Stockholm och är börsnoterat på Nasdaq Stockholm. För mer information, besök gärna <a href="http://www.intrum.com" rel="noopener">www.intrum.com</a>.</td></tr></tbody></table></div><div class="mfn-footer mfn-regulatory mfn-regulatory-vpml"><p><em>Denna information är sådan information som Intrum är skyldigt att offentliggöra enligt lagen om värdepappersmarknaden. Informationen lämnades, genom ovanstående kontaktpersoners försorg, för offentliggörande den 2026-03-24 13:00 CET.</em></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Bifogade filer</strong><br><a class="mfn-primary" href="https://storage.mfn.se/d067af49-b626-4a7e-ab67-a5caf43112f3/intrum-ar-2025-swe.pdf" rel="noopener">Intrum ÅR 2025 SWE</a><br><a href="https://storage.mfn.se/ff051706-6e4b-441f-92b7-3ab925a0a91d/intr-2025-12-31-1-sv.xbri" rel="noopener">intr-2025-12-31-1-sv</a></p></div>