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Job Solution Sweden Holding AB (SE:CALVIK)
:CALVIK
Sweden Market
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Job Solution Sweden Holding AB (CALVIK) AI Stock Analysis

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SE:CALVIK

Job Solution Sweden Holding AB

(CALVIK)

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Neutral 56 (OpenAI - Gpt-5.6Sol)
Rating:56Neutral
Price Target:
kr80.00
▲(133.24% Upside)
Action:Reiterated
Date:08/22/26
The score is held back mainly by elevated and rising leverage alongside very thin profitability, despite strong TTM growth and positive free cash flow. Technicals are supportive with price above major moving averages and steady momentum, while valuation (P/E ~28) appears less attractive without a dividend yield to offset risk.
Positive Factors
Strong Revenue Growth
The substantial TTM revenue increase indicates expanding business activity and customer demand. Sustained growth can improve operating leverage and strengthen the company’s market position, provided staffing capacity and margins remain controlled.
Negative Factors
Elevated and Rising Leverage
Rapidly higher leverage materially reduces financial flexibility and increases sensitivity to weaker demand or earnings disruption. In a cyclical staffing business, elevated debt can constrain investment and amplify downside when profitability softens.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The substantial TTM revenue increase indicates expanding business activity and customer demand. Sustained growth can improve operating leverage and strengthen the company’s market position, provided staffing capacity and margins remain controlled.
Read all positive factors

Job Solution Sweden Holding AB (CALVIK) vs. iShares MSCI Sweden ETF (EWD)

Job Solution Sweden Holding AB Business Overview & Revenue Model

Company Description
Calviks AB (publ), a company established in 2015 and headquartered in Sundbyberg, Sweden, offers specialized recruitment and temporary staffing services across Sweden and the broader Nordic region. They primarily focus on filling pivotal leadershi...

Job Solution Sweden Holding AB Financial Statement Overview

Summary
Strong TTM revenue growth (+43.5%) and improving profitability versus 2025, with positive and growing free cash flow (+31.5%) and solid cash conversion (FCF ~0.97x net income). Offsetting this, margins are very thin (net margin ~0.8%) and leverage is high and rising (debt-to-equity ~4.12), increasing vulnerability in a cyclical staffing business.
Income Statement
58
Neutral
Balance Sheet
39
Negative
Cash Flow
63
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.81B1.34B406.91M73.78M42.25M25.75M
Gross Profit65.09M38.92M43.68M13.93M18.31M13.61M
EBITDA93.93M60.20M25.73M6.54M11.10M8.76M
Net Income15.04M5.45M12.56M1.51M7.10M6.07M
Balance Sheet
Total Assets1.05B710.68M232.82M98.27M48.43M16.97M
Cash, Cash Equivalents and Short-Term Investments117.33M105.19M30.05M27.87M17.64M10.66M
Total Debt369.55M199.15M40.39M32.13M4.35M4.80M
Total Liabilities956.00M620.21M161.78M61.79M20.90M4.52M
Stockholders Equity89.65M88.88M70.87M36.48M27.53M11.74M
Cash Flow
Free Cash Flow57.68M46.16M17.98M4.28M6.34M7.58M
Operating Cash Flow59.29M47.58M17.98M4.28M6.57M7.63M
Investing Cash Flow-86.67M-82.79M8.75M-8.51M-10.94M-114.00K
Financing Cash Flow53.57M109.77M-24.53M14.66M11.35M-1.00M

Job Solution Sweden Holding AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
kr695.73M19.028.98%-16.41%
62
Neutral
kr309.29M16.986.98%-2.39%
62
Neutral
kr517.34M13.103.07%-3.29%3.21%
57
Neutral
kr971.54M19.227.11%-11.84%-56.91%
56
Neutral
kr420.70M26.16137.45%77.59%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
41
Neutral
kr121.95M-6.43-30.64%-19.48%37.71%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:CALVIK
Job Solution Sweden Holding AB
72.20
39.20
118.79%
SE:WISE
Wise Group AB
14.40
-0.35
-2.37%
SE:PION.B
Poolia AB Class B
6.40
0.48
8.11%
SE:DEDI
Dedicare AB
52.80
7.07
15.46%
SE:CARE
Careium AB
29.10
3.90
15.48%
SE:EWRK
Ework Group AB
56.30
-50.71
-47.39%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Aug 22, 2026