Swedish Undiscovered Gems With Strong Fundamentals

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.

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.

Freetrailer Group

Market Cap: DKK 841.9m

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

Firefly

Market Cap: SEK 1.1b

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

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.

Softronic

Market Cap: SEK 1.1b

Provides IT and management services in Sweden.

ByggPartner Gruppen

Market Cap: SEK 1.0b

Operates as a construction company in Sweden.

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.

Karnell Group

Market Cap: SEK 2.5b

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

Creades

Market Cap: SEK 11.2b

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

Nelly Group

Market Cap: SEK 1.2b

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

Investment AB Öresund

Market Cap: SEK 5.2b

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

Viking Supply Ships

Market Cap: SEK 1.6b

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

Advenica

Market Cap: SEK 1.1b

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

Viva Wine Group

Market Cap: SEK 3.7b

Develops, markets, imports, and sells wines.

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.

Bahnhof

Market Cap: SEK 6.2b

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

Cloetta

Market Cap: SEK 9.5b

Operates as a confectionery company.

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.

Intellego Technologies

Market Cap: SEK 2.1b

Manufactures and sells colorimetric ultraviolet indicators in Sweden.

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 3.0b

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

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.

Apotea

Market Cap: SEK 10.0b

Operates an online pharmacy in Sweden.

Zinzino

Market Cap: SEK 6.8b

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

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 1.7b

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.

Nordrest Holding

Market Cap: SEK 1.9b

Operates as a foodservice company in Sweden and internationally.

Meko

Market Cap: SEK 6.7b

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

Dala Energi

Market Cap: SEK 2.8b

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

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.

Paxman

Market Cap: SEK 1.5b

Develops and sells Paxman scalp cooling system to minimize hair loss in connection with chemotherapy treatment worldwide.

OEM International

Market Cap: SEK 19.2b

Operates as a technology trading company.

Haypp Group

Market Cap: SEK 3.2b

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 4.2b

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