Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
4C.STthis company4C Group AB	SEK 5.06	-28.75×	1.8×	1.37×	11.53×	29.2%	9.1%	3.2%	-4.8%	-6.2%	2.3%	-10.0%	0.56×	2.58×	0.31×	1.11×	0.0%	1	1.22	2	B-
ADVE.STAdvenica AB	SEK 18.34	51.84×	7.57×	4.26×	29.52×	-102.8%	53.6%	8.3%	8.2%	14.5%	11.9%	-0.3%	0.12×	-3.1×	6.71×	2.19×	0.5%	3	6.16	2	C
ALCA.STAlcadon Group AB (publ)	SEK 30.30	-54.35×	0.8×	0.43×	8.21×	136.0%	5.0%	5.0%	-0.8%	-1.4%	4.5%	16.5%	0.53×	2.94×	3.12×	1.6×	0.0%	3	2.05	3	B-
FREJA.STFreja eID Group AB (publ)	SEK 21.00	-26.27×	18.15×	7.81×	193.02×	-194.6%	18.6%	-26.2%	-30.0%	-69.6%	-37.3%	1.7%	0.49×	-1.97×	-6.1×	0.83×	0.0%	4	1.66	1	D+
GENI.STGeneric Sweden AB	SEK 39.05	18.41×	8.56×	3.1×	12.94×	26.7%	21.1%	21.0%	16.9%	46.6%	41.8%	6.8%	0×	-1.47×	7,715.4×	2.98×	3.4%	6	11.75	4	A-
KJELL.STKjell Group AB	SEK 18.90	-1.5×	0.75×	0.25×	14.51×	827.5%	39.2%	-15.3%	-16.3%	-49.6%	-21.0%	13.7%	1.25×	7.96×	-9.77×	0.62×	0.0%	5	2.17	2	C+
Peer median	—	-1.5×	7.57×	3.1×	14.51×	26.7%	21.1%	5.0%	-0.8%	-1.4%	4.5%	6.8%	0.49×	-1.47×	3.12×	1.6×	0.0%	4	2.17	2	—