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Nobia AB
(NOBI)
Nobia AB (NOBI) vs. iShares MSCI Sweden ETF (EWD)
Nobia AB Business Overview & Revenue Model
Nobia AB Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.62B | 10.54B | 13.37B | 14.93B | 13.72B |
| Gross Profit | 1.90B | 3.84B | 4.64B | 5.36B | 5.28B |
| EBITDA | 479.00M | -49.00M | 723.00M | 926.00M | 1.81B |
| Net Income | -2.97B | -1.34B | -347.00M | -2.00M | 706.00M |
Balance Sheet | |||||
| Total Assets | 9.04B | 12.30B | 13.62B | 12.77B | 10.63B |
| Cash, Cash Equivalents and Short-Term Investments | 39.00M | 270.00M | 412.00M | 340.00M | 422.00M |
| Total Debt | 5.79B | 4.97B | 5.45B | 3.94B | 2.21B |
| Total Liabilities | 8.09B | 7.97B | 9.29B | 8.06B | 5.71B |
| Stockholders Equity | 947.00M | 4.32B | 4.33B | 4.71B | 4.92B |
Cash Flow | |||||
| Free Cash Flow | -345.00M | -677.00M | -827.00M | -765.00M | 648.00M |
| Operating Cash Flow | 154.00M | 210.00M | 890.00M | 919.00M | 1.54B |
| Investing Cash Flow | -420.00M | 727.00M | -1.68B | -1.72B | -868.00M |
| Financing Cash Flow | 8.00M | -1.04B | 868.00M | 658.00M | -932.00M |
Nobia AB Technical Analysis
Nobia AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | kr6.85B | 22.12 | 23.71% | 2.02% | 6.44% | 0.49% | |
70 Outperform | kr1.61B | 17.48 | 23.44% | 4.95% | 9.20% | 11.72% | |
62 Neutral | kr181.01M | 23.18 | 6.37% | 3.38% | 2.88% | -51.00% | |
61 Neutral | kr3.54B | 18.51 | 7.24% | 1.40% | 4.04% | 433.33% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | kr579.78M | -3.45 | -11.15% | ― | -17.48% | 20.08% | |
42 Neutral | kr3.61B | -0.91 | -83.34% | ― | -9.81% | -200.79% |
Nobia AB Corporate Events
Nobia AB has completed the divestment of its UK operations, including brands Magnet, Gower, Commodore and CIE, to funds managed by Alteri Partners LLP, sharpening its strategic focus on the Nordic markets where it holds strong positions and structurally higher margins. Under the deal, no upfront purchase price is paid, but the buyer assumes lease-related liabilities of SEK 746 million while Nobia retains a UK defined benefit pension plan valued at SEK 80 million, with the possibility of contingent consideration depending on the buyer’s future turnaround performance in the UK business.
The transaction is intended to allow Nobia to concentrate resources on its core Nordic operations and modern production facility at Nobia Park, aiming to leverage its strong regional brands to capture additional market share. For stakeholders, the shift reduces Nobia’s balance sheet exposure to UK lease liabilities while potentially preserving upside through performance-based consideration, aligning the company more closely with its higher-margin home markets and simplifying its geographic footprint.
The most recent analyst rating on (SE:NOBI) stock is a Sell with a SEK2.00 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia AB has published a disclosure document for its fully guaranteed rights issue of approximately SEK 1.5 billion, offering preferential subscription rights to existing shareholders to strengthen its capital base. The document has been registered with the Swedish Financial Supervisory Authority and made available on the company’s website, outlining the terms prepared under the EU Prospectus Regulation.
The rights issue will follow a set timetable, with record, trading and subscription periods running from late February to mid‑March 2026, and the outcome expected to be announced around 17 March 2026. Handelsbanken and Nordea serve as financial advisors and bookrunners, while White & Case acts as legal advisor, underscoring the transaction’s significance for Nobia’s financing and future operations in the Nordic kitchen market.
The most recent analyst rating on (SE:NOBI) stock is a Sell with a SEK3.50 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia AB’s extraordinary general meeting in Stockholm approved a previously announced rights issue of up to SEK 1.5 billion, giving existing shareholders preferential rights to subscribe for new shares at SEK 1.78 each between 24 February and 11 March 2026. To facilitate the capital raise, shareholders also backed amendments to the company’s articles of association to expand permitted share capital and share-count limits.
The meeting further resolved on a technical reduction of share capital to lower the quota value per share, followed by a bonus issue that restores capital levels without issuing new shares. Once the rights issue and these balance-sheet measures are completed, Nobia’s share capital will rise to about SEK 233.4 million, a restructuring aimed at providing financial flexibility while preserving overall equity for shareholders.
The most recent analyst rating on (SE:NOBI) stock is a Sell with a SEK3.50 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia AB has set the final terms for a fully guaranteed rights issue aimed at reinforcing its capital structure and securing long-term financing. The issue will strengthen Nobia’s ability to execute its strategy and maintain its position as a leading kitchen specialist in the Nordic region.
The rights issue will comprise up to 841,264,105 new shares at a subscription price of SEK 1.78, potentially raising about SEK 1.5 billion before costs. Major shareholders representing roughly 45 percent of capital and votes have committed to subscribe pro rata, while additional guarantees from Nordstjernan and If Skadeförsäkring ensure full coverage and support a parallel refinancing of Nobia’s existing credit facilities.
The most recent analyst rating on (SE:NOBI) stock is a Sell with a SEK3.50 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
In its 2025 year-end report, Nobia posted essentially flat fourth-quarter net sales of SEK 1,400m from continuing operations, with an organic sales increase of 3% but a swing to an operating loss of SEK 50m due to items affecting comparability tied to cost-cutting after the planned UK divestment. Adjusted operating profit improved to SEK 72m and adjusted gross margin rose to 37.3%, yet total operations recorded a net loss of SEK 1,104m and negative operating cash flow, prompting the Board to propose no dividend and to launch a fully underwritten SEK 1.5bn rights issue, extend credit facilities, and implement further cost-reduction measures as it exits the UK market and restructures around its Nordic core.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK4.00 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia has announced that it will publish its year-end report for 2025 on Thursday, 5 February at 08:30 CET, providing investors and other stakeholders with an update on the company’s financial performance and operational development. On the same day at 10:00 CET, President and CEO Kristoffer Ljungfelt and interim CFO Robert Belkic will hold a webcast and telephone conference to present the results and answer questions, with presentation materials made available on the company’s investor relations website to facilitate broader access and transparency for the market.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK3.50 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia AB has convened an extraordinary general meeting (EGM) for 18 February 2026 in Stockholm, calling on shareholders registered with Euroclear Sweden by 10 February and duly notified by 12 February to participate, either in person or via proxy. The key agenda item is a set of proposed amendments to the articles of association and related measures enabling a reduction of the company’s share capital without redeeming shares, as well as new share issues with preferential rights for existing shareholders and a potential bonus issue, signalling an upcoming restructuring of the capital structure that could affect ownership dynamics and future financing options for investors.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK5.00 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia AB has agreed to divest its loss-making UK operations, including the Magnet, Gower, Commodore and CIE brands, to funds managed by Alteri Partners, in a move that sharpens its strategic focus on core Nordic markets where it enjoys stronger brands, higher structural margins and a production base centred on Nobia Park. The sale, for which no upfront purchase price is due as the buyer assumes substantial lease liabilities, will see the UK business reclassified as discontinued operations and trigger a non-cash impairment of around SEK 750m and about SEK 100m in items affecting comparability in the fourth quarter of 2025, while accompanying restructuring is expected to deliver annualised cost savings of roughly SEK 80m from the third quarter of 2026; pro forma figures highlight that the remaining Nordic-focused business has historically generated significantly higher EBIT margins, underscoring management’s aim to improve profitability and streamline operations after the transaction closes in the first half of 2026.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK5.00 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.
Nobia’s board has approved a fully guaranteed rights issue of approximately SEK 1.5 billion and secured a commitment to amend and extend its SEK 3.45 billion revolving credit facilities, strengthening the group’s balance sheet and long‑term liquidity. The move, backed by major shareholders Nordstjernan, If Skadeförsäkring and AP4, is intended to provide the financial flexibility to execute Nobia’s strategy of focusing on its core Nordic markets, underpinned by its automated Jönköping factory, and follows an agreement to divest its UK operations, underscoring a strategic shift toward consolidating its position as the leading kitchen specialist in the region.
The most recent analyst rating on (SE:NOBI) stock is a Hold with a SEK5.00 price target. To see the full list of analyst forecasts on Nobia AB stock, see the SE:NOBI Stock Forecast page.