Creades Logo

Creades

ISIN: SE0015661236 | Ticker: CRED | LEI: 549300MYLGD0VKNGTJ47
Country: Sweden

About Creades

Company Description

Creades AB (publ) is a spin-off from Investment AB Öresund (publ) and invests in small and medium-sized public and private companies that both have the potential for revaluation and value creation. The investment strategy has generated a 18% return since 2012, compared with the SIX Return Index of 14%.

Creades has SEK 5,5 billion of assets under management in a concentrated portfolio. Our pricipal investment strategy is to act as an engaged owner and create shareholder value through operational, structural and/or financial change initiatives.

Year founded

2012

Headquarters

Ingmar Bergmans gata 4, floor 7, 10216 Stockholm – Sweden

Financial statements

Download as Excel
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 8,341,000,000.00 13,520,000,000.00 9,052,000,000.00
Property Plant And Equipment N/A 8,000,000.00 6,000,000.00 N/A
Deferred Tax Assets N/A 27,000,000.00 0.00 N/A
Noncurrent Financial Assets At Fair Value Through Profit Or Loss N/A 7,626,000,000.00 13,042,000,000.00 8,328,000,000.00
Cash and cash equivalents 462,000,000.00 640,000,000.00 467,000,000.00 613,000,000.00
Other Current Assets N/A 40,000,000.00 5,000,000.00 107,000,000.00
Equity And Liabilities N/A 8,341,000,000.00 13,520,000,000.00 9,052,000,000.00
Equity 4,610,000,000.00 7,951,000,000.00 12,945,000,000.00 8,807,000,000.00
Issued Capital N/A 1,000,000.00 1,000,000.00 1,000,000.00
Retained Earnings Profit Loss For Reporting Period N/A N/A 4,193,000,000.00 -3,948,000,000.00
Retained Earnings Excluding Profit Loss For Reporting Period N/A N/A 5,108,000,000.00 9,111,000,000.00
Additional Paidin Capital N/A 3,643,000,000.00 3,643,000,000.00 3,643,000,000.00
Liabilities N/A 390,000,000.00 575,000,000.00 245,000,000.00
Noncurrent Liabilities N/A 290,000,000.00 469,000,000.00 134,000,000.00
Other Noncurrent Liabilities N/A 285,000,000.00 465,000,000.00 133,000,000.00
Current Liabilities N/A 100,000,000.00 106,000,000.00 111,000,000.00
Other Current Liabilities N/A 98,000,000.00 104,000,000.00 109,000,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue From Dividends 64,000,000.00 126,000,000.00 199,000,000.00
Other Income 0.00 2,000,000.00 3,000,000.00
Profit Loss From Operating Activities 3,657,000,000.00 4,222,000,000.00 -3,961,000,000.00
Profit Loss Before Tax 3,656,000,000.00 4,219,000,000.00 -3,948,000,000.00
Income Tax Expense Continuing Operations 9,000,000.00 26,000,000.00 0.00
Profit (loss) 3,647,000,000.00 4,193,000,000.00 -3,948,000,000.00
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 3,647,000,000.00 4,193,000,000.00 -3,948,000,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A -2,000,000.00 1,000,000.00 1,000,000.00
Cash Flows From Used In Operating Activities N/A 16,000,000.00 89,000,000.00 25,000,000.00
Cash Flows From Used In Investing Activities N/A 424,000,000.00 -1,067,000,000.00 311,000,000.00
Proceeds From Issuing Shares N/A 0.00 987,000,000.00 0.00
Dividends Paid Classified As Financing Activities N/A 262,000,000.00 182,000,000.00 190,000,000.00
Cash Flows From Used In Financing Activities N/A -262,000,000.00 805,000,000.00 -190,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 178,000,000.00 -173,000,000.00 146,000,000.00
Cash and cash equivalents 462,000,000.00 640,000,000.00 467,000,000.00 613,000,000.00

Please note that some sums might not add up.

Filings & Publications

Insider Trades

Date Trading entity / Person Association Trade type Volume
01.02.23 Cecilia Hermansson Other Buy SEK 301,950.00
08.04.22 Lars Stugemo Other Buy SEK 201,509.20

Capital markets information

ISIN

SE0015661236

LEI

549300MYLGD0VKNGTJ47

Sector

Financials

Industry Group

Financial Services

Industry

Capital Markets

Sub-Industry

Asset Management & Custody Banks

Listed Stock Exchange

Nasdaq Stockholm

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.