Hemnet Group Logo

Hemnet Group

ISIN: SE0015671995 | Ticker: HEM | LEI: 5493008VIU67J3HUAR07
Sector: Real EstateSub-Industry: Real Estate Services
Country: Sweden

About Hemnet Group

Company Description

The biggest property portal in Sweden

Hemnet operates the leading property platform in Sweden. We emerged as an industry initiative in 1998 and has since then transformed into a "win-win" value proposition for the housing market. By offering a unique combination of relevant products, insights and inspiration, Hemnet has built lasting relationships with buyers, sellers and real estate agents for more than 20 years. We share a mutual passion for homes with our stakeholders, and are driven by being an independent and obvious place for people to turn to with the various needs for housing that arise throughout life.

Hemnet brings the highest number of visitors and the largest inventory of listings for sale in one place, with a loyal visitor base and 54 million average visits per month (September 2021-September 2022). In 2021, 63,7 million hours were spent browsing on Hemnet, meaning that every Swede spent an average of 37 minutes a month on Hemnet.

Year founded

1998

Headcount

124

Headquarters

Klarabergsgatan 60, 11121 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 2,373,300,000.00 2,133,500,000.00 2,094,600,000.00
Noncurrent Assets N/A 2,050,400,000.00 1,979,900,000.00 1,926,000,000.00
Office Equipment N/A 1,900,000.00 1,300,000.00 N/A
Goodwill N/A 902,800,000.00 902,800,000.00 902,800,000.00
Intangible Assets Other Than Goodwill N/A 8,400,000.00 200,000.00 0.00
Brand Names N/A 241,400,000.00 241,200,000.00 241,200,000.00
Computer Software N/A 13,000,000.00 12,700,000.00 20,100,000.00
Deferred Tax Assets N/A 100,000.00 100,000.00 N/A
Other Noncurrent Assets N/A N/A 1,400,000.00 2,000,000.00
Current Assets N/A 322,900,000.00 153,600,000.00 168,600,000.00
Other Current Receivables N/A 14,000,000.00 22,300,000.00 24,900,000.00
Cash and cash equivalents 219,400,000.00 247,100,000.00 94,500,000.00 100,400,000.00
Cash N/A 247,100,000.00 94,500,000.00 100,400,000.00
Shortterm Investments Classified As Cash Equivalents N/A 24,500,000.00 0.00 N/A
Equity And Liabilities N/A 2,373,300,000.00 2,133,500,000.00 2,094,600,000.00
Equity 1,280,500,000.00 1,349,600,000.00 1,516,900,000.00 1,432,700,000.00
Issued Capital N/A 68,300,000.00 77,400,000.00 77,400,000.00
Retained Earnings N/A 36,200,000.00 192,700,000.00 104,800,000.00
Additional Paidin Capital N/A 1,245,100,000.00 1,246,800,000.00 1,250,500,000.00
Noncurrent Liabilities N/A 907,900,000.00 498,000,000.00 538,700,000.00
Deferred Tax Liabilities N/A 234,400,000.00 220,100,000.00 210,200,000.00
Longterm Borrowings N/A 667,800,000.00 277,900,000.00 328,500,000.00
Current Liabilities N/A 115,800,000.00 118,600,000.00 123,200,000.00
Trade And Other Current Payables N/A 10,300,000.00 12,500,000.00 13,500,000.00
Current Tax Liabilities Current N/A 12,500,000.00 18,700,000.00 11,300,000.00
Current Accrued Expenses And Other Current Liabilities N/A 68,900,000.00 68,200,000.00 81,200,000.00
Other Current Liabilities N/A 10,900,000.00 14,000,000.00 17,200,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue From Rendering Of Services 544,100,000.00 728,100,000.00 889,200,000.00
Other Income 1,700,000.00 1,800,000.00 2,600,000.00
Other Work Performed By Entity And Capitalised 3,900,000.00 4,600,000.00 10,000,000.00
Employee Benefits Expense 114,800,000.00 130,000,000.00 153,200,000.00
Depreciation And Amortisation Expense 77,400,000.00 79,000,000.00 70,600,000.00
Other Expense By Nature 245,300,000.00 299,900,000.00 299,000,000.00
Profit Loss From Operating Activities 110,500,000.00 223,900,000.00 377,500,000.00
Finance Income 500,000.00 300,000.00 600,000.00
Finance Costs 24,200,000.00 26,100,000.00 7,400,000.00
Profit Loss Before Tax 86,800,000.00 198,100,000.00 370,700,000.00
Income Tax Expense Continuing Operations 19,100,000.00 41,600,000.00 76,900,000.00
Profit (loss) 67,700,000.00 156,500,000.00 293,800,000.00
Profit Loss Attributable To Owners Of Parent 67,700,000.00 156,500,000.00 293,800,000.00
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 67,700,000.00 156,500,000.00 293,800,000.00
Adjustments For Depreciation And Amortisation Expense N/A 77,400,000.00 79,000,000.00 70,600,000.00
Interest Paid Classified As Operating Activities N/A 23,400,000.00 15,100,000.00 6,700,000.00
Interest Received Classified As Operating Activities N/A 100,000.00 100,000.00 600,000.00
Cash Flows From Used In Operating Activities N/A 127,000,000.00 235,000,000.00 356,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 0.00 0.00 0.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 1,000,000.00 500,000.00 1,800,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 6,000,000.00 6,500,000.00 13,700,000.00
Cash Flows From Used In Investing Activities N/A -7,000,000.00 17,700,000.00 -15,500,000.00
Proceeds From Issuing Shares N/A 4,100,000.00 11,800,000.00 N/A
Proceeds From Issuing Other Equity Instruments N/A N/A 11,800,000.00 4,600,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 2,700,000.00 0.00 326,100,000.00
Payments Of Other Equity Instruments N/A N/A 0.00 800,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 0.00 500,000,000.00 115,000,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 86,700,000.00 908,600,000.00 65,000,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 7,000,000.00 7,500,000.00 6,500,000.00
Dividends Paid Classified As Financing Activities N/A N/A 0.00 55,600,000.00
Cash Flows From Used In Financing Activities N/A -92,300,000.00 -405,300,000.00 -334,600,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 27,700,000.00 -152,600,000.00 5,900,000.00
Cash and cash equivalents 219,400,000.00 247,100,000.00 94,500,000.00 100,400,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
31.01.24 Tracey Fellows Other Sell SEK 8,505,600.00
18.12.23 Lisa Farrar Other Buy SEK 354,315.00
07.12.23 Håkan Hellström Other Sell SEK 2,438,295.00
13.11.23 Tracey Fellows Other Sell SEK 6,600,000.00
02.11.23 Håkan Hellström Other Sell SEK 2,028,943.00
02.06.23 Håkan Hellström Other Sell SEK 18,809,070.00
23.05.23 Håkan Hellström Other Sell SEK 10,149,000.00
20.02.23 Cecilia Beck-Friis Other Sell SEK 8,525,652.60
17.02.23 Håkan Hellström Other Sell SEK 39,060,000.00
16.02.23 Jessica Grethe Christina Sjöberg Other Sell SEK 2,581,500.00

Capital markets information

ISIN

SE0015671995

LEI

5493008VIU67J3HUAR07

Sector

Real Estate

Industry Group

Real Estate Management & Development

Industry

Real Estate Management & Development

Sub-Industry

Real Estate Services

Listed Stock Exchange

Nasdaq Stockholm

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