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)
ACTI.STthis companyActive Biotech AB	SEK 3.44	-166.06×	111.47×	0×	-170.4×	-98.9%	0.0%	0.0%	0.0%	-67.1%	-65.6%	-0.5%	0.03×	1.76×	0×	4.66×	0.0%	3	4.44	2	C+
ATORX.STAlligator Bioscience AB (publ)	SEK 0.01	-0.18×	1.35×	18.04×	0.08×	6004.4%	-10665.2%	-23780.5%	-9990.3%	-748.7%	-244.4%	-1697.7%	6.29×	0.16×	-2.76×	0.88×	0.0%	1	-24.71	2	B-
BIOSGN.STBiosergen AB	SEK 0.49	-20.76×	72.03×	0×	-20.37×	34.2%	0.0%	0.0%	0.0%	-347.0%	-351.9%	-4.3%	0×	0.38×	-4,139.3×	2.46×	0.0%	2	-8.67	—	—
BIOVIC-B.STBiovica International AB (publ)	SEK 0.31	-1.17×	0.95×	6.14×	-0.26×	-1052.3%	-523.5%	-523.5%	-522.1%	-80.9%	-76.5%	-77.0%	0.05×	1.07×	-176.89×	4.3×	0.0%	3	-9.24	2	C
ICO.STIconovo AB (publ)	SEK 1.10	-1×	0.37×	39.24×	-1.23×	-96.0%	-3959.5%	-3959.5%	-3924.3%	-36.8%	-36.0%	-106.0%	0.04×	0.05×	-97.45×	1.01×	0.0%	4	4.35	2	C+
IMMNOV.STImmunovia AB	SEK 0.03	-0.54×	1.21×	114.1×	-0.02×	293.5%	-11606.4%	-11606.4%	-21301.5%	-225.4%	-108.4%	-100.3%	0.01×	0.99×	-1.2×	5.12×	0.0%	1	-42.87	2	C+
Peer median	—	-1×	1.21×	18.04×	-0.26×	34.2%	-3959.5%	-3959.5%	-3924.3%	-225.4%	-108.4%	-100.3%	0.04×	0.38×	-97.45×	2.46×	0.0%	2	-9.24	2	—