Nord Insuretech Group AB (publ)

NGM:NORDIG Stock Report

Market Cap: SEK 107.1m

Nord Insuretech Group Past Earnings Performance

Past criteria checks 0/6

Nord Insuretech Group's earnings have been declining at an average annual rate of -223%, while the Software industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 43.4% per year.

Key information

-223.0%

Earnings growth rate

-223.0%

EPS growth rate

Software Industry Growth15.7%
Revenue growth rate-43.4%
Return on equity-762.6%
Net Margin-600.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

Nord Insuretech Group's (STO:NORDIG) Profits Appear To Have Quality Issues

Sep 06
Nord Insuretech Group's (STO:NORDIG) Profits Appear To Have Quality Issues

Recent updates

Nord Insuretech Group's (STO:NORDIG) Profits Appear To Have Quality Issues

Sep 06
Nord Insuretech Group's (STO:NORDIG) Profits Appear To Have Quality Issues

Revenue & Expenses Breakdown

How Nord Insuretech Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGM:NORDIG Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 238-47160
30 Sep 2310-28120
30 Jun 2312-990
31 Mar 2313-12100
31 Dec 2214-14100
30 Sep 2213-1990
30 Jun 2213-2380
31 Mar 2210-2280
31 Dec 218-2180
30 Sep 215111100
30 Jun 212242130
31 Mar 21141150
31 Dec 200-161180
30 Sep 2031-344460
30 Jun 2070-531750
31 Mar 20107-338710
31 Dec 19144-145670
30 Sep 19137-124550
30 Jun 19132-106170
31 Mar 19119-99170
31 Dec 18106-92430
31 Dec 1751-2540

Quality Earnings: NORDIG is currently unprofitable.

Growing Profit Margin: NORDIG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NORDIG's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare NORDIG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NORDIG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (40.1%).


Return on Equity

High ROE: NORDIG has a negative Return on Equity (-762.57%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/09 12:10
End of Day Share Price 2025/01/09 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nord Insuretech Group AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution