Company DescriptionBalco Group AB engages in developing, manufacturing, selling, and installing balcony systems for tenant-owner associations, private landlords, and public housing and construction companies. The company operates in two segments, Renovation and New Build. It offers glazed, open, city, maritime, and prefabricated balconies, as well as provides facade solutions; and accessories and other products comprising privacy screens, side and intermediate screens, glass corners, balcony doors, sun protection, roller blinds, flower boxes, flag brackets, solar panels, and locks. The company has operations in Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, and the Netherlands. Balco Group AB was founded in 1987 and is headquartered in Växjö, Sweden.

How the Company Makes Money

Balco Group AB Financial Statement Overview

Summary

Balco Group AB is experiencing financial challenges, with declining revenue and profitability margins affecting its income statement. The balance sheet reflects increased financial leverage, and while operating cash flow remains positive, free cash flow has decreased, potentially impacting future investments and growth.

Income Statement

Neutral

The company has shown fluctuating revenue trends with a recent decline in total revenue. The gross profit margin has been declining, and the net profit margin has turned negative in the latest TTM. The EBIT and EBITDA margins have also decreased significantly, indicating challenges in operational efficiency and cost management.

Balance Sheet

Neutral

The balance sheet shows a reasonable equity ratio, but the debt-to-equity ratio has increased, indicating a higher reliance on debt financing. Despite this, the company's return on equity has faced significant pressure due to declining net income.

Cash Flow

Neutral

Cash flow analysis reveals a drop in free cash flow despite stable operating cash flow. The free cash flow to net income ratio indicates potential challenges in converting profits to cash, though the operating cash flow remains relatively healthy compared to net income.

TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
1.41B	1.42B	1.21B	1.33B	1.12B	1.20B
	Gross Profit
186.00M	247.90M	245.35M	287.61M	296.21M	289.43M
	EBIT
15.50M	34.80M	70.40M	102.49M	117.99M	115.38M
	EBITDA
42.20M	89.42M	118.41M	145.45M	155.75M	152.81M
	Net Income Common Stockholders
-28.90M	1.10M	45.90M	76.15M	90.24M	77.64M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
96.10M	103.10M	2.81M	51.87M	117.50M	214.13M
	Total Assets
1.17B	1.63B	1.27B	1.30B	1.25B	1.22B
	Total Debt
267.90M	425.80M	244.42M	156.70M	214.50M	259.35M
	Net Debt
171.80M	322.70M	241.62M	104.83M	97.00M	45.22M
	Total Liabilities
633.40M	831.70M	519.25M	565.57M	553.58M	624.69M
	Stockholders Equity
541.10M	796.80M	746.14M	729.79M	692.00M	598.63M
Cash Flow		Free Cash Flow
14.60M	72.20M	-39.40M	128.88M	45.70M	96.93M
	Operating Cash Flow
26.90M	85.30M	-26.13M	153.02M	62.52M	111.74M
	Investing Cash Flow
-30.40M	-95.70M	-52.90M	-52.59M	-102.11M	-14.27M
	Financing Cash Flow
-24.40M	113.10M	29.62M	-167.68M	-57.49M	-1.39M

Balco Group AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (62)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
B9C		€55.89M	250.00	-3.72%	―	―	―
Sector *	62 Neutral	$6.84B	11.41	2.80%	3.87%	2.70%	-24.58%
E5E		€126.34M	―	-2.77%	―	―	―
BYY		€283.58M	32.20	4.29%	1.38%	―	―
9LY		€56.79M	29.50	1.69%	―	―	―
1FS0		€234.16M	22.19	10.59%	3.68%	―	―
WAA		€60.36M	―	-25.47%	―	―	―

* Consumer Cyclical Sector Average

Performance Comparison

DE:B9C

Balco Group AB

2.36

-1.62

-40.70%

DE:E5E

Eltel AB

0.79

0.19

31.67%

DE:BYY

Byggmax Group AB

4.73

1.31

38.30%

DE:9LY

Nordisk Bergteknik AB Class B

0.94

-0.82

-46.59%

DE:1FS0

FM Mattsson Mora Group AB Class B

5.32

0.82

18.22%

DE:WAA

Wastbygg Gruppen AB Class B

0.94

-2.62

-73.60%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.