)
Norden Estates (NORDEN) investor relations material
Norden Estates Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached 24.5 MSEK, up 227% year-over-year, driven by increased project and contracting activity.
Operating result for H1 was -2.2 MSEK and net result after tax was -2.5 MSEK, reflecting ongoing investments in operational structure.
Major project execution included the start of a depot station in Karlskrona valued at 13.9 MSEK.
A directed share issue through debt conversion of 1.26 MSEK reduced debt and strengthened equity.
Focus remains on project delivery, cost control, and converting customer dialogues into new business.
Financial highlights
Q2 2026 revenue was 13.7 MSEK, up 218% from Q2 2025.
Q2 operating result was -1.3 MSEK (Q2 2025: -1.0 MSEK); net result after tax was -1.5 MSEK.
H1 2026 revenue was 24.5 MSEK (H1 2025: 7.5 MSEK); operating result -2.2 MSEK (H1 2025: -2.1 MSEK); net result after tax -2.5 MSEK.
Cash flow for Q2 was 1.8 MSEK, mainly from changes in working capital.
No material investments were made during the quarter.
Outlook and guidance
Continued focus on quality project execution, profitability, and converting customer interest into contracts.
Market interest in energy performance and long-term operational economy is increasing.
Several projects are ongoing, with additional potential projects under discussion.
- Revenue up 238% year-over-year, with improved results and strong project pipeline.NORDEN
Q1 2026 - Revenue up to 14.9 MSEK, net loss -7.6 MSEK; targeting profitability in 2026.NORDEN
Q4 2025 - Net sales reached SEK 10.2 million with a net loss of SEK 5.8 million and a robust project pipeline.NORDEN
Q3 2025 - Large net loss from subsidiary write-down; rights issue and merger talks to boost capital.NORDEN
Q4 2023 - Significant loss from project write-downs, merger, and stock market listing preparations underway.NORDEN
Q4 2024 - Strong sales growth and strategic expansion set the stage for future profitability.NORDEN
Q1 2025 - H1 2025 saw strong project growth, strategic investments, and a SEK 42M project pipeline.NORDEN
Q2 2025
Next Norden Estates earnings date
Next Norden Estates earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)