Nordic LEVEL Group AB Class B (SE:LEVEL)
:LEVEL
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Nordic LEVEL Group AB Class B
(LEVEL)
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Rating:48Neutral
Price Target:
kr0.32
▼(-44.74% Downside)
Action:Reiterated
Date:05/30/26
The score is held back primarily by weak technicals (price below all key moving averages with bearish momentum) and ongoing net losses despite improving cash generation. Balance sheet stability and the shift to positive free cash flow provide some support, but revenue decline and negative earnings-based valuation keep the outlook constrained.
Positive Factors
Improving Cash Generation
Sustained positive operating and free cash flow reverses earlier cash burn and provides durable internal funding for working capital, maintenance and selective investments. Over 2–6 months this reduces funding dependence, lowers liquidity risk and supports execution of restructuring or growth initiatives.
Negative Factors
Revenue Decline
A near-term revenue contraction signals weaker demand or lost contracts and compresses operating leverage. Sustained top-line declines make it harder to convert positive EBITDA into operating profit and reduce room to absorb fixed costs, increasing execution risk over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving Cash Generation
Sustained positive operating and free cash flow reverses earlier cash burn and provides durable internal funding for working capital, maintenance and selective investments. Over 2–6 months this reduces funding dependence, lowers liquidity risk and supports execution of restructuring or growth initiatives.
Read all positive factors
Nordic LEVEL Group AB Class B (LEVEL) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr67.05M
Dividend YieldN/A
Average Volume (3M)106.12K
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue Growth-8.81%
EPS Growth33.66%
CountrySE
Employees137
SectorIndustrials
Sector Strength72
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)-0.06
Shares Outstanding210,187,650
10 Day Avg. Volume35,799
30 Day Avg. Volume106,121
Financial Highlights & Ratios
PEG Ratio0.84
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)0.03
Revenue Forecast (FY)kr409.00M
Nordic LEVEL Group AB Class B Business Overview & Revenue Model
Company Description
Nordic LEVEL Group AB (publ.), based in Sundbyberg, Sweden, functions as a systems integrator, specializing in the design and implementation of comprehensive security solutions, primarily across Sweden. The company delivers a broad array of integr...
How the Company Makes Money
LEVEL primarily makes money by selling security services and security-technology solutions to customers under recurring service contracts and project-based deliveries. Key revenue streams typically include: (1) recurring fees from guarding and sec...
Nordic LEVEL Group AB Class B Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
58
Neutral
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 356.49M | 389.90M | 371.07M | 361.95M | 283.09M | 227.46M |
| Gross Profit | 127.86M | 184.09M | 180.54M | 172.97M | 126.03M | 141.90M |
| EBITDA | 9.84M | 22.26M | 13.54M | 18.69M | -1.46M | -14.10M |
| Net Income | -11.35M | -3.08M | -6.03M | -5.15M | -77.42M | -23.75M |
Balance Sheet | ||||||
| Total Assets | 374.54M | 374.29M | 379.92M | 397.74M | 423.17M | 290.00M |
| Cash, Cash Equivalents and Short-Term Investments | 4.73M | 2.99M | 8.41M | 36.49M | 30.42M | 33.01M |
| Total Debt | 84.92M | 68.85M | 70.30M | 62.67M | 110.54M | 59.52M |
| Total Liabilities | 185.55M | 172.22M | 180.61M | 206.87M | 298.83M | 150.22M |
| Stockholders Equity | 188.99M | 202.07M | 199.31M | 190.88M | 124.32M | 139.79M |
Cash Flow | ||||||
| Free Cash Flow | 10.86M | 11.50M | 3.40M | -36.67M | -43.76M | -54.80M |
| Operating Cash Flow | 11.81M | 11.72M | 5.21M | -34.80M | -40.71M | -54.55M |
| Investing Cash Flow | 2.15M | 2.87M | -17.29M | -8.09M | -18.71M | 20.37M |
| Financing Cash Flow | -13.02M | -20.01M | -15.99M | 48.97M | 56.83M | 61.27M |
Nordic LEVEL Group AB Class B Technical Analysis
Negative
0.57
Price Trends
0.48
Negative
0.55
Negative
0.57
Negative
Market Momentum
-0.05
Positive
35.38
Neutral
37.92
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 above the 20-day moving average (MA) of 0.40, above the 50-day MA of 0.48, and above the 200-day MA of 0.57, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 35.38 is Neutral, neither overbought nor oversold. The STOCH value of 37.92 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 | kr134.33M | -7.24 | -10.30% | ― | -12.06% | -44.76% | |
52 Neutral | kr111.42M | -0.68 | -45.32% | ― | 1.81% | 68.16% | |
48 Neutral | kr67.05M | -6.29 | -1.58% | ― | -8.81% | 33.66% | |
46 Neutral | kr119.51M | -18.24 | ― | ― | 15.57% | 88.38% |
* Industrials Sector Average
SE:LEVEL
Nordic LEVEL Group AB Class B
0.34
-0.09
-21.48%
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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.