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)
ADVE.STthis companyAdvenica 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
4C.ST4C 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-
ACCON.STAcconeer AB (publ)	SEK 11.10	-45.52×	3.62×	16.03×	-43.57×	-268.8%	52.5%	-41.1%	-34.8%	-7.9%	-9.3%	-6.4%	0×	2.14×	-2,379.4×	6.47×	0.0%	3	23.1	1	C-
CX.STCombinedX AB (publ)	SEK 25.20	18.49×	1.46×	0.74×	6.22×	309.6%	20.0%	6.0%	4.0%	7.9%	6.5%	12.9%	0.32×	0.39×	4.09×	1.03×	3.7%	5	3.27	5	S-
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+
GAPW-B.STGapwaves AB (publ)	SEK 7.44	-8.02×	3.98×	5.16×	-12.56×	-945.2%	-51.0%	-51.9%	-64.3%	-49.7%	-35.6%	-7.0%	0.12×	2.35×	-12.76×	2.66×	0.0%	2	-4.24	1	C-
Peer median	—	-26.27×	3.62×	5.16×	6.22×	-194.6%	18.6%	-26.2%	-30.0%	-7.9%	-9.3%	-6.4%	0.32×	2.14×	-6.1×	1.11×	0.0%	3	1.66	1	—