Nordic LEVEL Group AB Class B (SE:LEVEL)
:LEVEL
Top Page
Nordic LEVEL Group AB Class B
(LEVEL)
Select Model
Select Model
Rating:54Neutral
Price Target:
kr0.60
▲(5.26% Upside)
Action:ReiteratedDate:03/20/26
The score is driven primarily by improving financial performance—strong TTM revenue growth, positive operating/free cash flow, and manageable leverage. Offsetting this are weak technical signals (below key moving averages with negative MACD) and limited valuation support due to negative earnings and no indicated dividend.
Positive Factors
Strong TTM revenue growth
Sustained, large TTM revenue growth expands the company’s scale and market footprint, enabling investment in service capability and fixed-cost absorption. Over 2–6 months this supports stronger operating leverage potential and underpins durable recovery in core business volumes.
Negative Factors
Net income still negative
Persisting negative net income means the company has not yet converted top-line gains into sustainable bottom-line profitability. Over coming quarters this constrains retained earnings growth, limits shareholder returns, and increases dependence on operational improvement to justify scaling.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong TTM revenue growth
Sustained, large TTM revenue growth expands the company’s scale and market footprint, enabling investment in service capability and fixed-cost absorption. Over 2–6 months this supports stronger operating leverage potential and underpins durable recovery in core business volumes.
Read all positive factors
Nordic LEVEL Group AB Class B (LEVEL) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr118.97M
Dividend YieldN/A
Average Volume (3M)106.12K
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue Growth2.70%
EPS Growth85.94%
CountrySE
Employees137
SectorIndustrials
Sector Strength72
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)0.05
Shares Outstanding210,187,650
10 Day Avg. Volume35,799
30 Day Avg. Volume106,121
Financial Highlights & Ratios
PEG Ratio0.83
Price to Book (P/B)0.46
Price to Sales (P/S)0.24
P/FCF Ratio8.12
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.1
Revenue Forecast (FY)kr446.00M
Nordic LEVEL Group AB Class B Business Overview & Revenue Model
Company Description
Nordic LEVEL Group AB (publ.), a systems integrator, designs and delivers security solutions primarily in Sweden. The company offers a portfolio of independent integrated products and services in the areas of security analysis, security, access co...
How the Company Makes Money
null...
Nordic LEVEL Group AB Class B Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
63
Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 389.90M | 371.07M | 361.95M | 283.09M | 227.46M |
| Gross Profit | 184.09M | 180.54M | 172.97M | 126.03M | 141.90M |
| EBITDA | 22.26M | 13.54M | 18.69M | -1.46M | -14.10M |
| Net Income | -3.10M | -6.03M | -5.15M | -77.42M | -23.75M |
Balance Sheet | |||||
| Total Assets | 374.29M | 379.92M | 397.74M | 423.17M | 290.00M |
| Cash, Cash Equivalents and Short-Term Investments | 2.99M | 8.41M | 36.49M | 30.42M | 33.01M |
| Total Debt | 68.85M | 70.30M | 62.67M | 110.54M | 59.52M |
| Total Liabilities | 172.22M | 180.61M | 206.87M | 298.83M | 150.22M |
| Stockholders Equity | 202.07M | 199.31M | 190.88M | 124.32M | 139.79M |
Cash Flow | |||||
| Free Cash Flow | 11.50M | 3.40M | -36.67M | -43.76M | -54.80M |
| Operating Cash Flow | 11.72M | 5.21M | -34.80M | -40.71M | -54.55M |
| Investing Cash Flow | 2.87M | -17.29M | -8.09M | -18.71M | 20.37M |
| Financing Cash Flow | -20.01M | -15.99M | 48.97M | 56.83M | 61.27M |
Nordic LEVEL Group AB Class B Technical Analysis
Negative
0.57
Price Trends
0.62
Negative
0.59
Negative
0.60
Negative
Market Momentum
-0.01
Positive
44.50
Neutral
21.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LEVEL, the sentiment is Negative. The current price of 0.57 is below the 20-day moving average (MA) of 0.59, below the 50-day MA of 0.62, and below the 200-day MA of 0.60, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 44.50 is Neutral, neither overbought nor oversold. The STOCH value of 21.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:LEVEL.
Nordic LEVEL Group AB Class B Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | kr118.97M | -30.10 | -1.58% | ― | 2.70% | 85.94% | |
48 Neutral | kr40.53M | -0.22 | -45.32% | ― | -41.32% | 34.95% | |
47 Neutral | kr139.67M | -7.15 | -10.30% | ― | -3.27% | -23.22% | |
41 Neutral | kr107.46M | -12.02 | ― | ― | 9.39% | -378.80% |
* Industrials Sector Average
SE:LEVEL
Nordic LEVEL Group AB Class B
0.57
-0.03
-5.35%
SE:PREC
Precise Biometrics AB
1.81
-1.85
-50.55%
SE:IRIS
Irisity AB
0.11
-0.18
-62.90%
SE:TSEC
Tempest Security AB
10.25
0.35
3.54%
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.