Öresund Investment Logo

Öresund Investment

ISIN: SE0008321608 | Ticker: ORES | LEI: 549300ZNNKE1UFGNNE47
Country: Sweden

About Öresund Investment

Company Description

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.

Year founded

1961

Served area

Sweden

Headcount

6

Headquarters

Norrlandsgatan 15, 6 tr., 10394 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 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.

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
07.02.24 Nicklas Arne Paulson Other Buy SEK 426,100.00
07.02.24 Nicklas Arne Paulson Other Sell SEK 406,315.00
05.02.24 Nicklas Arne Paulson Other Other SEK 424,840.00
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

Capital markets information

ISIN

SE0008321608

LEI

549300ZNNKE1UFGNNE47

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.