profit from every SEK 100 of sales.

Kinnevik
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.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Kinnevik sold, what it kept, and what it did with the cash.
Sales went from -SEK 19.5 billion in 2022 to -SEK 4.22 billion in 2025, with -SEK 3.35 billion of profit last year.
Kinnevik vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
Kinnevik | No profit yet | ||
BlackRock | 34.0× · Expensive | ||
Blackstone | 49.1× · Expensive | ||
Investor | 8.5× · Cheap | ||
Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Kinnevik'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 |
|---|---|---|---|---|
| -19,504 | -4,718 | -2,599 | -4,223 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -19,519 | -4,766 | -2,623 | -3,346 | |
| -69.83 | -17.22 | -9.47 | -12.08 | |
| – | – | – | – | |
| – | – | – | – | |
| 100.1% | 101.0% | 100.9% | 79.2% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 57,730 | 53,512 | 44,107 | 38,117 |
| Cash | 3,110 | 2,369 | 3,146 | 371 |
| Total debt | 3,488 | 3,487 | 3,492 | 1,995 |
| Total liabilities | 4,824 | 5,351 | 4,905 | 2,245 |
| 52,906 | 48,161 | 39,202 | 35,872 | |
| 280 | 277 | 277 | 277 | |
| – | – | – | – | |
| -36.9% | -9.9% | -6.7% | -9.3% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,179 | 600 | -220 | -215 | |
| – | – | – | – | |
| 3,179 | 600 | -220 | -215 | |
| Dividends paid | 0 | 0 | 6,370 | 0 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 0.6×
- –
- –
- –
- -1.0%
- -15.9%
- –
Profitability
- –
- –
- 79.2%
- –
- –
- –
- –
- –
- –
- –
Growth
- –
- –
- –
- –
- −0.3%
Financial health
- –
- 0.06
- –
- –
- –
- –
- –
How it ranks in Financial Services
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 Kinnevik
Is Kinnevik a good stock to buy?
A strong, very profitable business that is not profitable yet. 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 Kinnevik AI analysis
What does Kinnevik do?
Kinnevik AB is a venture capital firm specializing in investments in early to late venture and growth capital. The firm also prefers indirect investments in venture capital funds. It is in Asset Management, based in Stockholm, Sweden, with 45 employees.
Is Kinnevik stock halal?
Yes. Kinnevik passes our halal screen: its business is permitted and its debt is 9% of its market value, under the 30% limit. How we check
How has Kinnevik stock done over the past year?
Down 8.1% over the past twelve months, to SEK 74.80. It traded between SEK 57.00 and SEK 84.90 and is 11.9% below its high.
Who are Kinnevik's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Kinnevik's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



