Swedish Undiscovered Gems With Strong Fundamentals

Linc

Market Cap: SEK 4.0b

A private equity and venture capital firm, specializing in early and mature stage investments in pharmaceutical, life-science and med-tech companies.

AB Traction

Market Cap: SEK 4.1b

A private equity firm specializing in distressed, middle market, later stage, mature, bridge, recapitalization, buyouts and PIPES investments.

Intellego Technologies

Market Cap: SEK 2.0b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

Firefly

Market Cap: SEK 1.1b

Develops and sells industrial fire prevention and protection systems for the process industry worldwide.

Freetrailer Group

Market Cap: DKK 809.0m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

ByggPartner Gruppen

Market Cap: SEK 1.1b

Operates as a construction company in Sweden.

Softronic

Market Cap: SEK 1.2b

Provides IT and management services in Sweden.

Arla Plast

Market Cap: SEK 1.0b

Through its subsidiary, Arla Plast s.r.o., produces and supplies extruded plastic sheets in Sweden, the United States, Nordic countries, rest of Europe, and internationally.

ProfilGruppen

Market Cap: SEK 1.1b

Designs, develops, manufactures, and markets customized aluminum components and extrusions primarily in Europe.

Readly International

Market Cap: SEK 1.0b

Provides digital subscription services for magazines and newspapers in Sweden, Germany, the United Kingdom, and internationally.

Nelly Group

Market Cap: SEK 1.2b

Operates as a fashion company in Sweden, the rest of the Nordics, and internationally.

Viking Supply Ships

Market Cap: SEK 1.5b

Provides offshore and ice-breaking services to oil industry primarily in Arctic and North Sea.

Karnell Group

Market Cap: SEK 2.6b

A private equity firm specializing investments in add-on acquisitions, expansion and small and medium-sized companies.

Investment AB Öresund

Market Cap: SEK 5.3b

Operates as an investment company that engages in the asset management activities in Sweden.

Creades

Market Cap: SEK 11.0b

A private equity and venture capital investment firm specializing in early, mid & late venture, emerging growth, middle market, growth capital and buyout investments.

XANO Industri

Market Cap: SEK 2.9b

Develops, manufactures, and sells industrial products and automation equipment in Sweden, rest of Nordic countries, Europe, and internationally.

Advenica

Market Cap: SEK 1.0b

Develops and sells security solutions for defense and authority, and business customers in Sweden, Finland, Austria, and internationally.

Bahnhof

Market Cap: SEK 6.3b

Engages in the Internet and telecommunications business in Sweden and rest of Europe.

Saniona

Market Cap: SEK 1.1b

A clinical-stage biopharmaceutical company, engages in the research, development, and commercialization of treatments for rare disease patients in Sweden, the United States, Germany, Denmark, and the United Kingdom.

Plejd

Market Cap: SEK 6.9b

A technology company, develops products and services for smart lighting control in Sweden, Norway, Finland, the Netherlands, Germany, and internationally.

Cloetta

Market Cap: SEK 9.7b

Operates as a confectionery company.

Viva Wine Group

Market Cap: SEK 3.7b

Develops, markets, imports, and sells wines.

SyntheticMR

Market Cap: SEK 1.2b

Engages in the development and marketing of imaging and software solutions for magnetic resonance imaging (MRI) in Sweden and internationally.

Byggmax Group

Market Cap: SEK 3.1b

Sells building materials and related products for DIY projects in Sweden, Norway, and internationally.

Apotea

Market Cap: SEK 9.9b

Operates an online pharmacy in Sweden.

Ework Group

Market Cap: SEK 2.0b

Provides total talent solutions with a focus on IT/OT, R&D, engineering, and business development in Sweden, Denmark, Norway, Finland, Slovakia, and Poland.

CTT Systems

Market Cap: SEK 2.6b

Provides humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally.

Cavotec

Market Cap: SEK 1.6b

A cleantech company, designs and delivers connection and electrification solutions to enable the decarbonization of ports and industrial applications in Europe, the Middle East and Africa, the Asia Pacific, and North America.

Zinzino

Market Cap: SEK 7.0b

A direct sales company, provides dietary supplements and skincare products in Sweden and internationally.

Dala Energi

Market Cap: SEK 2.9b

Operates as a supplier of electricity, heating, and fiber networks in Sweden.

Nordrest Holding

Market Cap: SEK 2.0b

Operates as a foodservice company in Sweden and internationally.

Meko

Market Cap: SEK 6.3b

Operates in the automotive aftermarket business in Sweden, Norway, Denmark, Finland, Poland, Estonia, Latvia, and Lithuania.

Proact IT Group

Market Cap: SEK 3.1b

Provides data and information management services with on cloud services and data center solutions in Sweden, the United Kingdom, the Netherlands, Germany, and internationally.

Haypp Group

Market Cap: SEK 3.3b

Operates as an online retailer of tobacco-free nicotine pouches and snus products in Sweden, Norway, the rest of Europe, and the United States.

Idun Industrier

Market Cap: SEK 4.1b

An investment holding company, engages in the manufacture and sale of glass fiber reinforced fat- and oil separators in Sweden.

Nyab

Market Cap: SEK 4.1b

Provides engineering, construction, and maintenance services to energy, infrastructure, and industrial construction projects for public and private sectors in Finland and Sweden.