Bonäsudden Holding (BONAS) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 was 51,508 tkr, up from 50,592 tkr year-over-year; net operating income reached 37,439 tkr, up from 34,633 tkr.

• Net profit for the year was 28,763 tkr, a significant increase from 1,461 tkr in 2024.

• Major acquisition of two properties in Kalmar and Växjö nearly doubled the property portfolio.

• Renovation of Trasten 9 in Norrköping is progressing on schedule, with completion expected in autumn 2026.

• Positive cash flow from operations supports future expansion.

Financial highlights

• Full-year revenue: 51,508 tkr (2024: 50,592 tkr); net operating income: 37,439 tkr (2024: 34,633 tkr).

• Net profit: 28,763 tkr (2024: 1,461 tkr); earnings per share: 16.87 kr (2024: 1.12 kr).

• Market value of investment properties: 1,469,100 tkr (2024: 714,700 tkr).

• Net asset value (NRV) per share: 236.00 kr (2024: 220.39 kr).

• Operating surplus ratio: 72.69% (2024: 70.49%).

Outlook and guidance

• Expanded capital base and increased cash flow provide strong conditions for further growth in strategic regions.

• Updated strategic and dividend plans proposed for shareholder approval.