profit from every SEK 100 of sales.

Fastighets AB Balder (publ)
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay SEK 7.98 for every SEK 1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Fastighets AB Balder (publ) sold, what it kept, and what it did with the cash.
Sales went from SEK 10.5 billion in 2022 to SEK 13.7 billion in 2025, with SEK 7.62 billion of profit last year.
Fastighets AB Balder (publ) handed back 7% of the cash it generated last year.
Fastighets AB Balder (publ) vs. similar companies
Fastighets AB Balder (publ) grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
Fastighets AB Balder (publ) | 8.0× · Cheap | ||
Mitsui Fudosan | 17.6× · Fair price | ||
Henderson Land Development | 24.9× · Fair price | ||
Swiss Prime Site | 28.3× · Fair price | ||
Central Pattana Public | 15.8× · Fair price |
AI analysis
An AI analyst reads Fastighets AB Balder (publ)'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,521 | 11,944 | 12,876 | 13,721 | |
| 7,796 | 8,914 | 9,613 | 10,314 | |
| 6,777 | 7,834 | 8,533 | 9,154 | |
| 15,367 | -4,313 | 10,166 | 14,346 | |
| 10,175 | -6,746 | 3,304 | 7,621 | |
| 9.09 | -5.85 | 2.82 | 5.86 | |
| 74.1% | 74.6% | 74.7% | 75.2% | |
| 64.4% | 65.6% | 66.3% | 66.7% | |
| 96.7% | -56.5% | 25.7% | 55.5% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 263,775 | 253,748 | 267,926 | 276,292 |
| Cash | 3,977 | 2,402 | 3,381 | 5,715 |
| Total debt | 137,139 | 136,577 | 141,444 | 145,602 |
| Total liabilities | 160,866 | 159,762 | 166,191 | 169,801 |
| 90,194 | 82,312 | 88,420 | 93,852 | |
| 1,119 | 1,218 | 1,246 | 1,264 | |
| 5.3% | -1.6% | 3.5% | 4.7% | |
| 11.3% | -8.2% | 3.7% | 8.1% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,050 | 4,857 | 4,738 | 4,039 | |
| 138 | 187 | 54 | 53 | |
| 4,912 | 4,670 | 4,684 | 3,986 | |
| Dividends paid | – | – | – | – |
| – | – | 0 | 267 | |
| – | – | – | – |
Valuation
- 8.0×
- –
- –
- 0.6×
- 4.4×
- 15.3×
- 14.0×
- 6.6%
- 12.5%
- –
Profitability
- 75.2%
- 66.7%
- 55.5%
- –
- 4.7%
- 3.0%
- –
- –
- –
- –
Growth
- +9.3%
- −13.6%
- –
- –
- +4.2%
Financial health
- 9.8×
- 1.55
- –
- 3.1×
- 0.97
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Fastighets AB Balder (publ)
Is Fastighets AB Balder (publ) a good stock to buy?
A business with weak numbers, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Fastighets AB Balder (publ) AI analysis
What does Fastighets AB Balder (publ) do?
Fastighets AB Balder (publ) owns, manages, and develops properties in Sweden, Denmark, Finland, Norway, Germany, and the United Kingdom. Its property portfolio comprises offices, shops, warehouses, restaurants, schools, and others, as well as hotel properties. It is in Real Estate - Diversified, based in Gothenburg, Sweden, with 1,161 employees.
Is Fastighets AB Balder (publ) stock halal?
No. Fastighets AB Balder (publ) does not pass our halal screen: its debt is 239% of its market value, at or above the 33% limit. How we check
How has Fastighets AB Balder (publ) stock done over the past year?
Down 19.8% over the past twelve months, to SEK 52.56. It traded between SEK 43.51 and SEK 71.14 and is 26.1% below its high.
Who are Fastighets AB Balder (publ)'s competitors?
The largest listed companies in the same industry are Mitsui Fudosan, Henderson Land Development, Swiss Prime Site and Central Pattana Public. The peers table on this page compares their profit, growth and price with Fastighets AB Balder (publ)'s.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



