Mips Logo

Mips

ISIN

SE0009216278

Ticker

MIPS

Sector

Consumer Discretionary

Sub-Industry

Leisure Products

Country

Sweden

Year Founded

2001

About Mips

Company Description

Mips is an innovative company focusing on science-based product development. The secret behind Mips’ patented technology comes from the human brain. The brain is surrounded by a low-friction cushion of cerebrospinal fluid. Mips mimics the brain’s own way of protecting itself by giving the Mips®-equipped helmet its own low-friction layer between the helmet and the head. The Mips® low friction layer can absorb a portion of the energy created by an angled impact by enabling the helmet to slide relative to the head on impact.

Headquarters

Kemistvägen 1B
18379, Täby
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 517,000,000.00 756,000,000.00 767,000,000.00
Noncurrent Assets N/A 77,000,000.00 76,000,000.00 104,000,000.00
Property Plant And Equipment N/A 11,000,000.00 11,000,000.00 13,000,000.00
Intangible Assets Other Than Goodwill N/A 55,000,000.00 56,000,000.00 72,000,000.00
Deferred Tax Assets N/A 0.00 0.00 0.00
Other Noncurrent Financial Assets N/A 0.00 0.00 0.00
Current Assets N/A 440,000,000.00 680,000,000.00 663,000,000.00
Inventories N/A 3,000,000.00 10,000,000.00 6,000,000.00
Current Trade Receivables N/A 138,000,000.00 200,000,000.00 110,000,000.00
Current Prepayments And Current Accrued Income Other Than Current Contract Assets N/A N/A 5,000,000.00 9,000,000.00
Other Current Receivables N/A 20,000,000.00 15,000,000.00 5,000,000.00
Cash and cash equivalents 192,000,000.00 272,000,000.00 450,000,000.00 532,000,000.00
Cash N/A 91,000,000.00 89,000,000.00 152,000,000.00
Shortterm Investments Classified As Cash Equivalents N/A 181,000,000.00 361,000,000.00 381,000,000.00
Equity And Liabilities N/A 517,000,000.00 756,000,000.00 767,000,000.00
Equity 298,000,000.00 426,000,000.00 577,000,000.00 626,000,000.00
Issued Capital N/A 3,000,000.00 3,000,000.00 3,000,000.00
Retained Earnings N/A 139,000,000.00 303,000,000.00 348,000,000.00
Other Reserves N/A 10,000,000.00 -3,000,000.00 2,000,000.00
Additional Paidin Capital N/A 274,000,000.00 274,000,000.00 274,000,000.00
Noncurrent Liabilities N/A 14,000,000.00 5,000,000.00 24,000,000.00
Deferred Tax Liabilities N/A 6,000,000.00 1,000,000.00 2,000,000.00
Other Noncurrent Nonfinancial Liabilities N/A 0.00 0.00 9,000,000.00
Current Liabilities N/A 77,000,000.00 174,000,000.00 117,000,000.00
Trade And Other Current Payables To Trade Suppliers N/A 33,000,000.00 70,000,000.00 29,000,000.00
Current Tax Liabilities Current N/A 18,000,000.00 57,000,000.00 48,000,000.00
Other Current Liabilities N/A 5,000,000.00 20,000,000.00 11,000,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 365,000,000.00 608,000,000.00 563,000,000.00
Profit Loss From Operating Activities 167,000,000.00 326,000,000.00 229,000,000.00
Finance Income 1,000,000.00 4,000,000.00 3,000,000.00
Finance Costs 3,000,000.00 2,000,000.00 9,000,000.00
Profit Loss Before Tax 165,000,000.00 328,000,000.00 223,000,000.00
Income Tax Expense Continuing Operations 36,000,000.00 73,000,000.00 48,000,000.00
Profit (loss) 129,000,000.00 255,000,000.00 175,000,000.00
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 129,000,000.00 255,000,000.00 175,000,000.00
Adjustments For Decrease Increase In Inventories N/A -1,000,000.00 -6,000,000.00 4,000,000.00
Adjustments For Decrease Increase In Other Operating Receivables N/A -63,000,000.00 -58,000,000.00 100,000,000.00
Adjustments For Increase Decrease In Other Operating Payables N/A 20,000,000.00 47,000,000.00 -54,000,000.00
Cash Flows From Used In Operating Activities N/A 116,000,000.00 277,000,000.00 236,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 10,000,000.00 4,000,000.00 6,000,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 5,000,000.00 6,000,000.00 15,000,000.00
Cash Flows From Used In Investing Activities N/A -15,000,000.00 -11,000,000.00 -22,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 3,000,000.00 0.00 N/A
Payments Of Lease Liabilities Classified As Financing Activities N/A 4,000,000.00 3,000,000.00 5,000,000.00
Dividends Paid Classified As Financing Activities N/A 79,000,000.00 92,000,000.00 131,000,000.00
Cash Flows From Used In Financing Activities N/A -15,000,000.00 -95,000,000.00 -136,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -4,000,000.00 6,000,000.00 4,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 85,000,000.00 171,000,000.00 78,000,000.00
Cash and cash equivalents 192,000,000.00 272,000,000.00 450,000,000.00 532,000,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2022 - Q4 Swedish 🇸🇪 Published: 09.05.2023
  • Consolidated Report 2021 - Q4 Swedish 🇸🇪

Insider Trades

Date Trading entity / Person Association Trade type Volume
14.09.2023 John Fredrik Kjellberg Other Sell SEK 3,705,837.00
03.03.2023 Maria Hedengren Other Buy SEK 98,254.00
18.10.2022 Thomas Bräutigam Other Buy SEK 609,594.40
17.10.2022 Thomas Bräutigam Other Buy SEK 907,927.80
06.05.2022 Thomas Bräutigam Other Buy SEK 580,600.00
05.05.2022 Thomas Bräutigam Other Buy SEK 1,253,200.00
07.03.2022 Jonas Rahmn Other Buy SEK 75,301.25
07.03.2022 Jonas Rahmn Other Buy SEK 66,317.00
07.03.2022 Jonas Rahmn Other Buy SEK 63,495.00
07.03.2022 Jonas Rahmn Other Buy SEK 63,405.00

Capital Markets Information

ISIN

SE0009216278

LEI

549300LZSA4S0L54VQ25

Sub-Industry

Leisure Products

Listed Stock Exchange

Nasdaq Stockholm

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