공지 • Nov 27
Karbon Invest AS, Stella Industrier AS, Carucel Finance AS, Varner Kapital AS and Stella As agreed to acquire remaining 33.45% stake in Spir Group ASA (OB:SPIR). Karbon Invest AS, Stella Industrier AS, Carucel Finance AS, Varner Kapital AS and Stella As agreed to acquire remaining 33.45% stake in Spir Group ASA (OB:SPIR) on November 27, 2025.
The completion of the Offer will be subject to fulfilment or waiver by the Bidder (in its sole discretion) of certain conditions, including acceptance by shareholders of the Company representing more than 90% of the issued and outstanding shares and voting rights of the Company on a fully diluted basis. Pursuant to the Norwegian Private Limited Liability Companies Act, the Bidder will be entitled to initiate a compulsory acquisition of the remaining Shares if it becomes the owner of at least 90% of the issued Shares and voting rights.
The Board notes that the Bidder intends to initiate such compulsory acquisition following completion of the Offer (or any mandatory offer) if the statutory threshold is reached. The complete terms and conditions of the Offer will be set out in an offer document to be prepared the Bidder and approved by the Financial Supervisory Authority of Norway.
Advokatfirmaet Simonsen Vogt Wiig AS acted as legal advisor for Spir Group ASA. 공지 • Sep 11
Spir Group ASA Approves Cash Dividend for the Financial Year 2024 Spir Group ASA at its extraordinary general meeting held on September 11, 2025 has approved a cash dividend of NOK 2.44 per share for the financial year 2024. 공지 • Jul 25
Symphony Technology Group, LLC completed the acquisition of Sikri As from Spir Group ASA. Symphony Technology Group, LLC has entered into an agreement to acquire Sikri As from Spir Group ASA (OB:SPIR) for NOK 1.1 billion on July 11, 2025. The transaction implies an enterprise value of NOK 1 billion, of which NOK 900 million will be paid in cash at closing and NOK 100 million will be settled in 2028. Furthermore, Spir is entitled to an earn-out payment of NOK 50 million, contingent upon Sikri’s performance in 2025. Following the transaction, Spir will be a streamlined and focused company with leading positions within real estate data and services in Norway and Sweden.
Sikri, which is a leading provider of mission critical public administration software, had 2024 revenues of NOK 269.5 million and cash EBITDA of NOK 45.2 million. The transaction is expected to close early Q3 2025.
ABG Sundal Collier ASA acted as Exclusive Financial Advisor to Spir Group and its owners.
Symphony Technology Group, LLC completed the acquisition of Sikri As from Spir Group ASA on July 24, 2025. 공지 • Jul 11
Symphony Technology Group, LLC has entered into an agreement to acquire Sikri As from Spir Group ASA (OB:SPIR) for NOK 1 billion. Symphony Technology Group, LLC has entered into an agreement to acquire Sikri As from Spir Group ASA (OB:SPIR) for NOK 1 billion on July 11, 2025. A cash consideration of NOK 900 million will be paid by Symphony Technology Group, LLC. The consideration consists of common equity of Symphony Technology Group, LLC having a value of NOK 100 million to be issued for common equity of Sikri As. As part of consideration, NOK 1 billion is paid towards common equity of Sikri As. Following the transaction, Spir will be a streamlined and focused company with leading positions within real estate data and services in Norway and Sweden.
Sikri, which is a leading provider of mission critical public administration software, had 2024 revenues of NOK 269.5 million and cash EBITDA of NOK 45.2 million. The transaction implies an enterprise value of NOK 1 billion, of which NOK 900 million will be paid in cash at closing and NOK 100 million will be settled in 2028. Furthermore, Spir is entitled to an earn-out payment of NOK 50 million, contingent upon Sikri’s performance in 2025. The transaction is expected to close early Q3 2025. 공지 • May 28
Spir Group ASA Approves Election of Nomination Committee Spir Group ASA announced that at its AGM held on 28 May 2025, the shareholders approved the following resolution: The nomination committee shall consist of Tor Malmo (chair) and Fredrik Cappelen. 공지 • Feb 10
Spir Group ASA Announces Chief Financial Officer Changes Spir Group ASA announced that Line Cecilie Stenseth has been appointed the role as Interim Chief Financial Officer (CFO) at Spir Group, effective 15 May 2025. Stenseth is currently Group Finance Manager at Spir Group, a position she has held for three years. Prior to joining Spir Group, Stenseth gained six years of experience in the finance department of Spir Group subsidiary Ambita. She has also experience from the finance departments of Eltek and Vestre Viken HF. Stenseth holds a Master of Science, Business and Economics degree from BI Norwegian Business School. She will succeed Cecilie Brænd Hekneby, who will be transitioning out of her position, as announced 18 December 2024. 공지 • Dec 18
Spir Group ASA, Annual General Meeting, May 28, 2025 Spir Group ASA, Annual General Meeting, May 28, 2025. New Risk • Nov 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€91.3m market cap, or US$96.1m). 공지 • Oct 30
Spir Group ASA to Report Q3, 2024 Results on Nov 13, 2024 Spir Group ASA announced that they will report Q3, 2024 results at 7:00 AM, Central European Standard Time on Nov 13, 2024 Recent Insider Transactions • Sep 09
Chief Financial Officer recently bought €81k worth of stock On the 5th of September, Cecilie M. Hekneby bought around 125k shares on-market at roughly €0.65 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Cecilie M. has been a buyer over the last 12 months, purchasing a net total of €188k worth in shares. New Risk • Aug 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€86.7m market cap, or US$95.8m). Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: kr0.08 (vs kr0.05 in 2Q 2023) Second quarter 2024 results: EPS: kr0.08 (up from kr0.05 in 2Q 2023). Revenue: kr307.6m (up 6.2% from 2Q 2023). Net income: kr10.4m (up 65% from 2Q 2023). Profit margin: 3.4% (up from 2.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 35% per year, which means it is performing significantly worse than earnings. Board Change • Jul 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Chairperson Rolf Erik Ryssdal was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • May 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Reported Earnings • May 17
First quarter 2024 earnings released: kr0.043 loss per share (vs kr0.021 loss in 1Q 2023) First quarter 2024 results: kr0.043 loss per share (further deteriorated from kr0.021 loss in 1Q 2023). Revenue: kr263.2m (flat on 1Q 2023). Net loss: kr5.64m (loss widened 109% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. New Risk • Feb 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (€67.3m market cap, or US$72.5m). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.051 loss per share (vs kr0.33 loss in FY 2022) Full year 2023 results: kr0.051 loss per share (improved from kr0.33 loss in FY 2022). Revenue: kr1.06b (up 2.4% from FY 2022). Net loss: kr6.13m (loss narrowed 82% from FY 2022). 공지 • Dec 15
Spire Global, Inc. to Report Q2, 2024 Results on Aug 22, 2024 Spire Global, Inc. announced that they will report Q2, 2024 results on Aug 22, 2024 공지 • Sep 29
Sikri Group Asa Announces Resignation of Camilla Aardal as CFO Sikri Group ASA announces that Camilla Aardal has decided to st down as CFO in Sikri Group ASASA to take on a new position in another company. Ms. Aardal will remain in her current role until 31 December 2023. The Company would like to thank Ms. Aardal for her efforts during her time as CFO with the Company, a period where the Group has developed into a multifaceted Nordic software company, through organic growth and M&A. Ms. Aardal's contribution to the development of the Group, the IPO in 2022 and in general within the businessand finance function are noteworthy. 공지 • Jun 01
Sikri Group ASA Announces Appointment of Nomination Committee Members Sikri Group ASA announced that at the AGM held on May 31, 2023 approved election of Tor Malmo, chairperson and Fredrik Cappelen as nomination committee members. Reported Earnings • May 12
First quarter 2023 earnings released: kr0.021 loss per share (vs kr0.066 profit in 1Q 2022) First quarter 2023 results: kr0.021 loss per share (down from kr0.066 profit in 1Q 2022). Revenue: kr261.7m (up 22% from 1Q 2022). Net loss: kr2.70m (down 144% from profit in 1Q 2022). 공지 • May 11
Sikri Group ASA Announces Executive Changes The Board of Sikri Group ASA appointed Per Haakon Lomsdalen as the new Chief Executive Officer (CEO)) of the company. Nicolay Moulin will continue to serve as the CEO until Lomsdalen takes over in August 2023, or according to further agreement. Per Haakon Lomsdalen joins Sikri Group from the position as Country General Manager of Salesforce in Norway and Iceland and has previously held the position as COO of SAP in the Nordics and Country General Manager of SAP in Norway. He also has many years of experience in various leadership positions at IBM. Lomsdalen holds a Master of Science in marketing degree from BI Norwegian Business School. Nicolay Moulin steps down on the back of a mutual agreement between the Board and Moulin. Reported Earnings • Feb 17
Full year 2022 earnings released: kr0.29 loss per share (vs kr0.099 loss in FY 2021) Full year 2022 results: kr0.29 loss per share (further deteriorated from kr0.099 loss in FY 2021). Revenue: kr1.03b (up 77% from FY 2021). Net loss: kr29.9m (loss widened 244% from FY 2021). 공지 • Nov 23
Sikri Holding ASA has completed a Follow-on Equity Offering in the amount of NOK 100 million. Sikri Holding ASA has completed a Follow-on Equity Offering in the amount of NOK 100 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: NOK 10
Transaction Features: Subsequent Direct Listing Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Sigrun Syverud was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Chairman of the Board Torstein Harildstad was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 20
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 8.7%. The fair value is estimated to be €12.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 247% over the last year. Meanwhile, the company became loss making. Buying Opportunity • Apr 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €11.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 247% over the last year. Meanwhile, the company became loss making. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr0.50 loss per share (down from kr1.26 profit in FY 2020). Revenue: kr581.7m (up 247% from FY 2020). Net loss: kr8.70m (down 161% from profit in FY 2020). Revenue was in line with analyst estimates.