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Why Norditek stock moves

Norditek fell clearly.

Written after the close on ·

Why today

16,415 news analyzed today

Norditek fell clearly.

No company news explains the drop.

Over the last five trading days, Norditek was roughly unchanged, while OMX Stockholm 30 rose slightly.

Trading was around its usual level.

Today's move of −2.90% was 1.8 times a normal day's 1.6%. OMX Stockholm 30 moved −0.32% on the same day.

Norditek −2.90%OMX Stockholm 30 −0.32%Much weaker than the market

Earlier days →

See the chart in ChartCompass, with every move explained →

Has the share price followed the business?

Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +52% and earnings per share went from 0.06 SEK to 0.86 SEK.

Revenue, profit and market cap

Revenue, profit and market cap (m SEK)0721432152022: 71.662022: 6.7120222023: 91.642023: 4.8020232024: 78.302024: 0.7020242025Now2022: 120.061202023: 195.251952024: 124.86125Now: 82.3982

RevenueProfitMarket capm SEK

Market cap is 1.1 times 2024 revenue, against 1.7 in 2022. Profit in 2024: 0.7 m SEK.

Assets, liabilities and market cap

Assets, liabilities and market cap (m SEK)0721432152022: 140.092022: 74.2420222023: 141.402023: 70.2120232024: 143.342024: 71.4020242025Now2022: 120.061202023: 195.251952024: 124.86125Now: 82.3982

AssetsLiabilitiesMarket capm SEK

Assets minus liabilities leave 71.9 m SEK for shareholders. Market cap is 1.1 times that equity.

Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 82.4 m SEK

What the key figures say about Norditek

The figures connect what Norditek earns with what investors pay.

The line shows the share price in the same year, on its own scale.

Earnings per share0.41 SEK
NowEarnings per share2022: 0.55222023: 0.36232024: 0.06242025: 0.86252022: 9.502023: 15.452024: 9.882025: 15.00

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: 0.06 SEK–0.86 SEK. Peers: Nordic LEVEL Group -0.13 SEK, Irisity -0.52 SEK, Saxlund Group 0.10 SEK.

Revenue99.6 m SEK
NowRevenue2022: 71,656,000.00222023: 91,641,000.00232024: 78,295,000.0024252022: 9.502023: 15.452024: 9.882025: 15.00

What the company sold during the year.

2022–2025: 71.7 m SEK–91.6 m SEK. Peers: Nordic LEVEL Group 371 m SEK, Irisity 89.7 m SEK, Saxlund Group 208 m SEK.

Return on equity−1.6%
NowReturn on equity2022: 10.18222023: 6.75232024: 0.9724252022: 9.502023: 15.452024: 9.882025: 15.00

Profit as a percentage of shareholders’ money in the company.

2022–2025: 1.0%–10.2%. Peers: Nordic LEVEL Group −8.9%, Irisity −50.2%, Saxlund Group 1.3%.

P/E14.6
NowP/E2022: 17.27222023: 42.92232024: 164.67242025: 17.4425

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 17.3–164.7. Peers: Saxlund Group 83.6.

Market cap per unit of revenue (P/S)0.83
NowMarket cap per unit of revenue (P/S)2022: 1.68222023: 2.13232024: 1.592425

What investors pay for each unit the company sells.

2022–2025: 1.59–2.13. Peers: Nordic LEVEL Group 0.18, Irisity 1.13, Saxlund Group 0.29.

Net debt / EBITDA7.81
NowNet debt / EBITDA2022: 1.42222023: 3.22232024: 2.682425

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: 1.42–3.22. Peers: Saxlund Group -0.14.

More key figures
Market cap / equity (P/B)0.85
NowMarket cap / equity (P/B)2022: 1.82222023: 2.74232024: 1.742425

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 1.74–2.74. Peers: Nordic LEVEL Group 0.49, Irisity 0.44, Saxlund Group 1.04.

What to watch next, and why

The earnings report shows how Norditek's revenue and profit have changed.

  • Earnings report

    The earnings report shows how Norditek's revenue and profit have changed.

    Add to calendar

People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. October 26: Buy about 40 thousand SEK. October 22: Buy about 27 thousand SEK. October 19: Buy about 3 thousand SEK. October 16: Buy about 57 thousand SEK.

More about Norditek

Insider trades

People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.

  • karl Nordlund, board member (closely associated)Buyabout 40 thousand SEK
  • karl Nordlund, board member (closely associated)Buyabout 27 thousand SEK
  • Karl Nordlund, board member (closely associated)Buyabout 3 thousand SEK
  • Karl Nordlund, board member (closely associated)Buyabout 57 thousand SEK

Earnings report

Next report: · Add to calendar · Google Calendar

Report day8.2%

Normal day1.6%

On its last 16 report days Norditek usually moved about 8.2%. On a normal day it moves 1.6%.

−39.35% +1.35% −6.64% −1.07%

10,000 SEK in Norditek bought on November 10, 2021 is worth 4,180 SEK today, with dividends reinvested.

The same amount in OMX Stockholm 30 with dividends would have become 16,100 SEK.

What would 10,000 SEK in Norditek be worth today? →

What would 10,000 SEK in Norditek be worth today?

4,180 SEK

with dividends reinvested, bought on November 10, 2021. The same amount in OMX Stockholm 30 with dividends would have become 16,100 SEK.

At worst it was worth 3,880 SEK (October 14, 2026).

The five biggest days of the journey

· −39.3% · the whole market was unchanged the same day · report day

· +29.0% · the whole market rose 1.3% the same day · Why?

· +24.2% · the whole market fell 0.5% the same day · report day

· −22.7% · the whole market fell 1.3% the same day · report day

· +20.4% · the whole market rose 2.2% the same day · report day

Earlier days

  • −0.66% market −0.11% Norditek was roughly unchanged over the week, while the OMX Stockholm 30 index was also roughly flat. Read →

    Norditek was roughly unchanged over the week, while the OMX Stockholm 30 index was also roughly flat.

    The share moved while the broader market stayed steady.

    The only company news in the period was a seasonal returns chart published on Saturday 31 October, which is not a real event.

    The share's move was ordinary-sized for it, and trading was well below its usual level.

  • +2.99% market +0.83% Norditek rose clearly without company news. Read →

    Norditek rose clearly without company news.

    Over the last five trading days it fell slightly, while OMX Stockholm 30 rose slightly.

    Trading was thin, so the move may reflect a few trades rather than broad buying.

    The share price remains well below its high from late January, but above its mid-October low.

  • −5.64% market −0.08% Norditek fell, while OMX Stockholm 30 stayed roughly flat. Read →

    Norditek fell, while OMX Stockholm 30 stayed roughly flat.

    No company news from that session explains the drop.

    Over the last five trading days, Norditek was roughly unchanged and lagged a slightly rising market.

    Trading volume was about twice its usual level, so heavy selling likely drove the move.

    The stock sits well below its high from late January but above its mid October low.

  • +5.63% market +0.48% Norditek rose, far more than the market. Read →

    Norditek rose, far more than the market.

    No company news explains the move, and it moved more than its usual daily swings.

    Over the last five trading days, Norditek rose slightly while OMX Stockholm 30 rose clearly.

    Trading volume was well below its usual level, so the move was made on thin trading.

    The latest close is well below its highest level of the past year, set in late January, and above its lowest, set in mid October.

  • −4.73% market +3.01% Norditek fell clearly over the past five trading days, while the OMX Stockholm 30 rose clearly, so the shares moved against the market. Read →

    Norditek fell clearly over the past five trading days, while the OMX Stockholm 30 rose clearly, so the shares moved against the market.

    The last session was roughly flat, while the broader market slipped slightly.

    Norditek has had no company news in the past two weeks.

    The fourth-quarter report published on Tuesday 13 October showed sales down 65.7 percent and a loss before depreciation (EBITA) of SEK 5.3 million, and the chief financial officer left.

  • −5.35% market +0.41% Norditek fell, moving against a market that rose slightly. Read →

    Norditek fell, moving against a market that rose slightly.

    Over the last five trading days the stock fell clearly while OMX Stockholm 30 rose sharply.

    Trading was about twice a normal day's level.

    The stock sits well below its high of late January and above its mid-October low.

  • +4.61% market +0.33% Norditek rose sharply, without company news explaining it. Read →

    Norditek rose sharply, without company news explaining it.

    Over the last five trading days, Norditek fell slightly while the OMX Stockholm 30 rose slightly, so it moved against the market.

    Its sharp rise in the last session was larger than the market's move, but no fresh company news from that day explains it.

    Earlier, in mid-October, Norditek reported weaker fourth-quarter results, with sales down sharply and an operating loss, which weighs on sentiment.

    Trading volume was well below its usual level, so the rise may reflect thin trading rather than new information.

  • −1.94% market +0.96% Norditek fell clearly, against a rising market. Read →

    Norditek fell clearly, against a rising market.

    Over the last five trading days Norditek fell very sharply, while the OMX Stockholm 30 index was roughly flat.

    The stock moved apart from the market, and no company news from the last session explains the fall.

    Earlier, on 13 October, Norditek reported a sharp drop in fourth-quarter sales and an operating loss.

    A day later, on 14 October, it reported a swing to a quarterly loss, which is the most likely background to the selling.

  • −2.21% market +1.57% Norditek fell clearly, without company news. Read →

    Norditek fell clearly, without company news.

    Norditek's drop in the last session came without company news from that day.

    Over the same days, OMX Stockholm 30 rose clearly, so Norditek moved against the market.

    Trading was well above its usual level, which shows heavy selling pressure.

    The bigger picture points to the fiscal fourth-quarter report from mid October, which showed sales down sharply and an operating loss, a weak result that likely kept investors cautious.

  • −14.09% market −3.67% Norditek fell very sharply over the last five trading days, much more than the broader Stockholm market. Read →

    Norditek fell very sharply over the last five trading days, much more than the broader Stockholm market.

    The main driver was the fourth-quarter report, published before this window, which showed sales down sharply and an operating loss.

    Norditek also named a new interim finance chief after the previous one chose to leave, and inventory write-downs hit profit.

    The move was very big for this stock, roughly four times a normal five-day stretch, and similar moves happened only about twice in the past year.

  • −8.45% market +0.17% Norditek fell sharply, moving against a roughly flat market. Read →

    Norditek fell sharply, moving against a roughly flat market.

    No company news from the last session explains the drop, so the cause is unclear.

    Over the last five trading days the stock rose very sharply, while OMX Stockholm 30 fell slightly.

    That five-day rise is a very big move for Norditek, one seen only once in the past year.

    The most likely background is the weak fourth-quarter report published last week, which showed sales falling about 66% and an operating loss, with the CFO also leaving.

  • −2.17% market −0.89% Norditek fell sharply over the last five days, while the broader Stockholm market stayed roughly flat. Read →

    Norditek fell sharply over the last five days, while the broader Stockholm market stayed roughly flat.

    Norditek fell clearly in the last session, moving more than the market, which also fell.

    Its fourth-quarter report was published last week, and the most likely reason for the selling is that sales fell very steeply, with operating profit (EBIT, earnings before interest and tax) turning into a loss.

    The company also announced that its finance chief is leaving and that a stock writedown, a cut in the book value of unsold inventory, hit results.

    Trading volume was well below its usual level, so the move happened on thin activity.

  • +29.02% market +1.25% Norditek rose very sharply, without company news. Read →

    Norditek rose very sharply, without company news.

    Hmm, I'll stick to the brief format below.

    Norditek slid sharply over the last five sessions while the wider Stockholm market edged higher, so it moved against the market.

    The earlier decline is most plausibly tied to the year-end report released earlier this week, which showed sales for the June to August quarter down about 66 percent year on year and an operating loss, plus a write-down of inventory (stock of goods held for sale) and the departure of the chief financial officer.

    Investors will likely watch for management's comments on how the sales slump and inventory write-down will be handled, and whether the interim finance chief appointment brings clarity.

  • −17.82% market +1.19% Norditek fell very sharply over the last five trading days, while the broader Stockholm market edged up, so the stock clearly moved against the market. Read →

    Norditek fell very sharply over the last five trading days, while the broader Stockholm market edged up, so the stock clearly moved against the market.

    The main driver was its fourth-quarter report published earlier this week, which showed a steep drop in sales and a swing to an operating loss, driven partly by a write-down of inventory (stock that has lost value and is no longer worth its book value).

    The departure of the chief financial officer and the appointment of an interim replacement added to the uncertainty.

    Investors will likely watch for management's explanation of the weak quarter and any signs of recovery in the next update.

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