Sagax
ISIN: SE0004635878 | Ticker: SAGA | LEI: 549300LJX28T6OM8DT95
Country: Sweden
Founded in 2004, AB Sagax (publ) invests in commercial properties, with a focus on warehouses and light industrial property. This sector offers a high yield combined with stable occupancy rates and a low rate of new production, creating opportunities for sustainable value generation and strong cash flow over time.
To achieve this, we focus on two fundamentals: a long-term approach and generating high risk-adjusted returns. These two principles guide every decision relating to funding, investment activities, management - as well as our ESG efforts.
We take a “buy and hold” approach, and we refrain from all forms of property trading, speculative development and other short-term opportunities that distract us from developing the company and the business long-term. Our focus is on strong financial key metrics and enabling growth through our existing, proven business model and by increasing our property presence in current regions.
1995
Served areaEurope
HeadquartersEngelbrektsplan 1, 11434 Stockholm – Sweden
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 46,622,000,000.00 | 62,472,000,000.00 | 71,831,000,000.00 |
| Noncurrent Assets | N/A | 45,429,000,000.00 | 57,020,000,000.00 | 64,991,000,000.00 |
| Property Plant And Equipment | N/A | 26,000,000.00 | 22,000,000.00 | 14,000,000.00 |
| Investment Property | N/A | 37,264,000,000.00 | 46,067,000,000.00 | 52,655,000,000.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 5,945,000,000.00 | 8,784,000,000.00 | 9,864,000,000.00 |
| Other Noncurrent Financial Assets | N/A | 587,000,000.00 | 38,000,000.00 | 55,000,000.00 |
| Noncurrent Derivative Financial Assets | N/A | 888,000,000.00 | 1,035,000,000.00 | 1,172,000,000.00 |
| Current Assets | N/A | 1,193,000,000.00 | 5,452,000,000.00 | 6,840,000,000.00 |
| Trade And Other Current Receivables | N/A | 121,000,000.00 | 256,000,000.00 | 427,000,000.00 |
| Current Prepayments And Current Accrued Income Other Than Current Contract Assets | N/A | N/A | 207,000,000.00 | 248,000,000.00 |
| Current Receivables From Rental Of Properties | N/A | 123,000,000.00 | 133,000,000.00 | 191,000,000.00 |
| Other Current Financial Assets | N/A | 738,000,000.00 | 4,772,000,000.00 | 3,786,000,000.00 |
| Current Financial Assets At Amortised Cost | N/A | N/A | 0.00 | 105,000,000.00 |
| Cash and cash equivalents | 86,000,000.00 | 24,000,000.00 | 84,000,000.00 | 76,000,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 284,000,000.00 | 0.00 | 27,000,000.00 |
| Current Finance Lease Receivables | N/A | N/A | 0.00 | 2,008,000,000.00 |
| Equity And Liabilities | N/A | 46,622,000,000.00 | 62,472,000,000.00 | 71,831,000,000.00 |
| Equity | N/A | 22,452,000,000.00 | 31,079,000,000.00 | 33,463,000,000.00 |
| Issued Capital | N/A | 808,000,000.00 | 780,000,000.00 | 781,000,000.00 |
| Retained Earnings | N/A | 17,785,000,000.00 | 26,228,000,000.00 | 27,988,000,000.00 |
| Share Premium | N/A | 3,522,000,000.00 | 3,578,000,000.00 | 3,616,000,000.00 |
| Liabilities | N/A | 24,170,000,000.00 | 31,393,000,000.00 | 38,368,000,000.00 |
| Noncurrent Liabilities | N/A | 21,110,000,000.00 | 27,114,000,000.00 | 34,278,000,000.00 |
| Deferred Tax Liabilities | N/A | 2,476,000,000.00 | 3,087,000,000.00 | 3,779,000,000.00 |
| Noncurrent Financial Liabilities At Amortised Cost | N/A | 17,977,000,000.00 | 23,368,000,000.00 | 29,820,000,000.00 |
| Noncurrent Derivative Financial Liabilities | N/A | 118,000,000.00 | 74,000,000.00 | N/A |
| Other Noncurrent Liabilities | N/A | 145,000,000.00 | 195,000,000.00 | 299,000,000.00 |
| Current Liabilities | N/A | 3,060,000,000.00 | 4,279,000,000.00 | 4,090,000,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 42,000,000.00 | 32,000,000.00 | 35,000,000.00 |
| Current Accruals And Current Deferred Income Including Current Contract Liabilities | N/A | N/A | 897,000,000.00 | 984,000,000.00 |
| Current Financial Liabilities At Amortised Cost | N/A | 1,851,000,000.00 | 2,985,000,000.00 | 2,474,000,000.00 |
| Line item in (sek) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Other Income | 10,000,000.00 | 23,000,000.00 | 31,000,000.00 |
| Property Tax Expense | 141,000,000.00 | 153,000,000.00 | 178,000,000.00 |
| Profit Loss From Operating Activities | 2,397,000,000.00 | 2,573,000,000.00 | 3,032,000,000.00 |
| Finance Income | 39,000,000.00 | 113,000,000.00 | 235,000,000.00 |
| Finance Costs | 455,000,000.00 | 419,000,000.00 | 492,000,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 1,033,000,000.00 | 2,718,000,000.00 | 1,375,000,000.00 |
| Profit Loss Before Tax | 4,330,000,000.00 | 10,543,000,000.00 | 3,305,000,000.00 |
| Profit (loss) | 3,711,000,000.00 | 9,807,000,000.00 | 2,718,000,000.00 |
| Line item in (sek) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 3,711,000,000.00 | 9,807,000,000.00 | 2,718,000,000.00 |
| Adjustments For Income Tax Expense | N/A | -55,000,000.00 | -146,000,000.00 | -149,000,000.00 |
| Other Adjustments For Noncash Items | N/A | -21,000,000.00 | -13,000,000.00 | -31,000,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 2,557,000,000.00 | 2,379,000,000.00 | 3,227,000,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 666,000,000.00 | 658,000,000.00 | 715,000,000.00 |
| Cash Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | 41,000,000.00 | 0.00 | 64,000,000.00 |
| Other Inflows Outflows Of Cash Classified As Investing Activities | N/A | -10,000,000.00 | -16,000,000.00 | -58,000,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -5,543,000,000.00 | -7,023,000,000.00 | -5,902,000,000.00 |
| Payments From Changes In Ownership Interests In Subsidiaries | N/A | 0.00 | 52,000,000.00 | 23,000,000.00 |
| Proceeds From Issuing Shares | N/A | 508,000,000.00 | 0.00 | N/A |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 0.00 | 572,000,000.00 | 0.00 |
| Payments Of Other Equity Instruments | N/A | 9,000,000.00 | 24,000,000.00 | 24,000,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 7,886,000,000.00 | 13,997,000,000.00 | 7,631,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 4,791,000,000.00 | 7,880,000,000.00 | 4,050,000,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 679,000,000.00 | 792,000,000.00 | 935,000,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | -1,000,000.00 | 11,000,000.00 | 11,000,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 2,926,000,000.00 | 4,703,000,000.00 | 2,666,000,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -60,000,000.00 | 59,000,000.00 | -10,000,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -2,000,000.00 | 0.00 | 0.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -62,000,000.00 | 59,000,000.00 | -8,000,000.00 |
| Cash and cash equivalents | 86,000,000.00 | 24,000,000.00 | 84,000,000.00 | 76,000,000.00 |
Please note that some sums might not add up.
| Date | Trading entity / Person | Association | Trade type | Volume |
|---|---|---|---|---|
| 22.11.22 | Staffan Salén | Other | Buy | SEK 11,300,000.00 |
| 22.02.21 | David Mindus | Other | Buy | SEK 33,800,000.00 |
| 25.09.20 | David Mindus | Other | Buy | SEK 15,800,000.00 |
SE0004635878
LEI549300LJX28T6OM8DT95
SectorReal Estate Management & Development
IndustryReal Estate Management & Development
Sub-IndustryDiversified Real Estate Activities
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