Öresund Investment
ISIN: SE0008321608 | Ticker: ORES | LEI: 549300ZNNKE1UFGNNE47
Country: Sweden
The Öresund Group consists of the parent company, Investment AB Öresund, which solely is an investment company active in asset management, and the wholly owned dormant subsidiary Eigenrac Holding AB.
Investment AB Öresund traces its origins to Sjöförsäkringsaktiebolaget Öresund, a marine insurance company founded in 1890 with a share capital of SEK 300,000. In 1956 the company was restructured with AB Sjö-Öresund becoming the parent company of a group consisting of three marine insurance companies, Öresund, Agir and Stockholms Sjö. In 1961, the shares in these three companies were sold to Skandia in return for a portfolio of listed shares and cash. AB Sjö-Öresund later changed to its current name, Investment AB Öresund.
Its strategy is to make long-term investments in a limited number of companies. The company's portfolio includes such listed companies as Bilia, Fabege, SEB, ABB, TeliaSonera, Volvo, Svolder, and Byggmax, as well as such unlisted entities as Carnegie and Acne.
1961
Served areaSweden
Headcount6
HeadquartersNorrlandsgatan 15, 6 tr., 10394 Stockholm – Sweden
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 5,779,840,000.00 | 6,765,297,000.00 | 4,732,433,000.00 |
| Noncurrent Assets | N/A | 5,582,493,000.00 | 6,560,904,000.00 | 4,137,877,000.00 |
| Property Plant And Equipment | N/A | 1,388,000.00 | 1,253,000.00 | 1,117,000.00 |
| Investments In Subsidiaries | N/A | 0.00 | 0.00 | N/A |
| Other Noncurrent Financial Assets | N/A | 87,858,000.00 | 58,232,000.00 | 54,434,000.00 |
| Noncurrent Financial Assets At Fair Value Through Profit Or Loss | N/A | 5,485,882,000.00 | 6,487,712,000.00 | 4,071,783,000.00 |
| Current Assets | N/A | 197,347,000.00 | 204,392,000.00 | 594,556,000.00 |
| Other Current Receivables | N/A | 1,664,000.00 | 1,297,000.00 | 1,401,000.00 |
| Cash and cash equivalents | 509,608,000.00 | 194,570,000.00 | 201,842,000.00 | 591,822,000.00 |
| Equity And Liabilities | N/A | 5,779,840,000.00 | 6,765,297,000.00 | 4,732,433,000.00 |
| Equity | 6,128,638,000.00 | 5,687,129,000.00 | 6,678,398,000.00 | 4,706,857,000.00 |
| Issued Capital | N/A | 344,241,000.00 | 344,241,000.00 | 344,241,000.00 |
| Retained Earnings | N/A | 4,745,926,000.00 | 5,737,195,000.00 | 3,765,655,000.00 |
| Additional Paidin Capital | N/A | 596,962,000.00 | 596,962,000.00 | 596,962,000.00 |
| Noncurrent Liabilities | N/A | 4,309,000.00 | 11,051,000.00 | 7,713,000.00 |
| Noncurrent Payables To Related Parties | N/A | 0.00 | 0.00 | N/A |
| Current Liabilities | N/A | 88,402,000.00 | 75,847,000.00 | 17,862,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 264,000.00 | 284,000.00 | 470,000.00 |
| Current Accruals And Current Deferred Income Including Current Contract Liabilities | N/A | N/A | 4,082,000.00 | 3,827,000.00 |
| Other Current Liabilities | N/A | 80,695,000.00 | 68,316,000.00 | 10,262,000.00 |
| 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 | 19,989,000.00 | 138,135,000.00 | 103,368,000.00 |
| Profit Loss From Operating Activities | -179,390,000.00 | 1,245,335,000.00 | -1,651,108,000.00 |
| Finance Income | 10,295,000.00 | 17,622,000.00 | 2,772,000.00 |
| Finance Costs | 30,000.00 | 33,000.00 | 28,211,000.00 |
| Profit Loss Before Tax | -169,125,000.00 | 1,262,924,000.00 | -1,676,546,000.00 |
| Income Tax Expense Continuing Operations | 0.00 | 0.00 | 0.00 |
| Profit (loss) | -169,125,000.00 | 1,262,924,000.00 | -1,676,546,000.00 |
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -169,125,000.00 | 1,262,924,000.00 | -1,676,546,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 24,536,000.00 | 142,324,000.00 | 59,997,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 255,000.00 | 0.00 | N/A |
| Cash Flows From Used In Investing Activities | N/A | -63,961,000.00 | 140,860,000.00 | 628,760,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 2,866,000.00 | 3,164,000.00 | 3,302,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 272,747,000.00 | 272,747,000.00 | 295,476,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -275,613,000.00 | -275,911,000.00 | -298,778,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -315,038,000.00 | 7,272,000.00 | 389,979,000.00 |
| Cash and cash equivalents | 509,608,000.00 | 194,570,000.00 | 201,842,000.00 | 591,822,000.00 |
Please note that some sums might not add up.
| Date | Trading entity / Person | Association | Trade type | Volume |
|---|---|---|---|---|
| 31.05.23 | Nicklas Arne Paulson | Other | Buy | SEK 521,900.00 |
| 13.03.23 | Nicklas Arne Paulson | Other | Buy | SEK 236,900.00 |
| 01.03.23 | Pär Roosvall | Other | Buy | SEK 3,224,500.00 |
| 24.02.23 | Pär Roosvall | Other | Buy | SEK 634,650.00 |
| 06.02.23 | Nicklas Arne Paulson | Other | Buy | SEK 387,510.00 |
| 06.02.23 | Nicklas Arne Paulson | Other | Sell | SEK 382,821.62 |
| 03.02.23 | Nicklas Arne Paulson | Other | Other | SEK 370,750.00 |
| 03.02.23 | Anna Engebretsen | Other | Other | SEK 162,250.00 |
| 03.02.23 | Marika Eklund | Other | Other | SEK 145,000.00 |
| 01.12.22 | Mats Qviberg | Other | Sell | SEK 1,081,562.80 |
SE0008321608
LEI549300ZNNKE1UFGNNE47
SectorAsset Management & Custody Banks
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