This company listing is no longer active
ME Stock Overview
Modern Ekonomi Sverige Holding AB (publ) offers accounting and Bookkeeping services in Sweden.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Modern Ekonomi Sverige Holding AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | kr10.00 |
| 52 Week High | kr14.12 |
| 52 Week Low | kr5.00 |
| Beta | 0.43 |
| 1 Month Change | 0% |
| 3 Month Change | 54.32% |
| 1 Year Change | -23.08% |
| 3 Year Change | 358.72% |
| 5 Year Change | 203.03% |
| Change since IPO | 25.00% |
Recent News & Updates
Shareholder Returns
| ME | SE Professional Services | SE Market | |
|---|---|---|---|
| 7D | 5.5% | -2.9% | -1.2% |
| 1Y | -23.1% | -8.1% | 8.3% |
Return vs Industry: ME underperformed the Swedish Professional Services industry which returned 10.7% over the past year.
Return vs Market: ME underperformed the Swedish Market which returned 0.2% over the past year.
Price Volatility
| ME volatility | |
|---|---|
| ME Average Weekly Movement | 11.6% |
| Professional Services Industry Average Movement | 5.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in SE Market | 12.8% |
| 10% least volatile stocks in SE Market | 3.5% |
Stable Share Price: ME's share price has been volatile over the past 3 months.
Volatility Over Time: ME's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Swedish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 120 | Jens-Oskar Goransson | www.modernekonomi.se |
Modern Ekonomi Sverige Holding AB (publ) offers accounting and Bookkeeping services in Sweden. The company offers Modern Aktiebok to establish and maintain a share register with a list of the company's shares and its owners; Modern Avtalshantering, which gives control of contract expiration and the system's alarm function; Modern Online, a platform that enables access to company’s business system; Modern Presentation, a digital service that offers control and overview of the company's financials; Modern Scanning that digitalizes supplier invoices; and Modern Utlagg & Resa, which handles expenses and remuneration. It also provides Modern Frilans, which allows billing and monitoring of invoices, debt collection, salary administration, and payment of salary to account; ME finans, which allows the user to send discount invoices; ME Inkasso, where the user can manage debt collection cases; and ME Konsult that helps customers in various phases, such as capital needs, management, changes in ownership structure, and changes in capital.
Modern Ekonomi Sverige Holding AB (publ) Fundamentals Summary
| ME fundamental statistics | |
|---|---|
| Market cap | kr147.74m |
| Earnings (TTM) | kr3.46m |
| Revenue (TTM) | kr94.44m |
42.7x
P/E Ratio1.6x
P/S RatioIs ME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ME income statement (TTM) | |
|---|---|
| Revenue | kr94.44m |
| Cost of Revenue | kr64.23m |
| Gross Profit | kr30.21m |
| Other Expenses | kr26.75m |
| Earnings | kr3.46m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.23 |
| Gross Margin | 31.99% |
| Net Profit Margin | 3.66% |
| Debt/Equity Ratio | 151.0% |
How did ME perform over the long term?
See historical performance and comparison