This announcement is not an offer of securities for sale in
Year-end report 2021
January -
- Net profit for the year amounted to MSEK 163.9 (24.1).
-
Earnings per share amounted to
SEK 14.7 (2.16). -
Net asset value amounted to MSEK 824 (
SEK 73.78 per share) atDecember 31, 2021 , compared to MSEK 679 (SEK 60.87 per share) atDecember 31, 2020 . -
Net cash amounted to MSEK 266 (
SEK 23.81 per share) atDecember 31, 2021 , compared to MSEK 219 (SEK 19.65 per share) atDecember 31, 2020 . -
The 2021 Annual General Meeting resolved to pay a dividend of
3.00 SEK per share for FY 2020.
Fourth quarter 2021
- Net profit/loss for the quarter amounted to MSEK 56.2 (30.1).
-
Earnings per share amounted to
SEK 5.04 (2.70).
Distribution of profits
In addition, the Board of Directors proposes to the Annual General Meeting to vote on a continued share repurchase mandate.
Comments by the CEO
NAXS continued its positive development during the fourth quarter of 2021 with the NAV/share increasing by 8%. During 2021, the NAV/share increased by 26%, including dividends paid.
At the request of the majority shareholder,
During the first half of the year, NAXS made 1 new private equity commitment to Nordic Capital Evolution I. The fund is focusing on the mid-cap segment in the North European region. In addition, NAXS made a co-investment in
As to NAXS's underlying funds, they acquired 17 new portfolio companies and signed or closed 10 full exits during 2021. In addition, a partial exit was made by Valedo II with the IPO of its portfolio company
In
Finally, as announced in October, I will be leaving the company after 10 years as CEO and I would like to take the opportunity to thank NAXS's shareholders for their trust and to wish the company all the best in the future.
Financial summary
2021 | 2020 | |
1/1-31/12 | 1/1-31/12 | |
Net profit/loss for the year, KSEK | 163 947 | 24 118 |
2021 12/31 | 2020 12/31 | |
Private equity fund investments, KSEK | 513 925 | 428 651 |
Private equity fund investments in % of equity | 63 | 63 |
Remaining commitments, KSEK | 86 012 | 128 762 |
Total exposure to private equity fund investments, KSEK | 599 937 | 557 413 |
Other investments, KSEK | 44 693 | 31 695 |
Net cash, KSEK | 265 523 | 219 127 |
Private equity fund investments per share, SEK | 46.08 | 38.44 |
Other investments per share, SEK | 4.01 | 2.84 |
Net cash per share, SEK | 23.81 | 19.65 |
Net asset value per share, SEK | 73.78 | 60.87 |
Share price, SEK | 64.80 | 49.90 |
Contact information
Telephone: +46 73 311 00 11
Telephone: +46 70 710 47 88
This information is information that |
This press release and further information is available on the Company's website: www.naxs.se
Corp. Reg. No. 556712-2972
Nybrogatan 8
114 34
Tel: +46 (0)766 40 00 40, E-mail: info@naxs.se
NAXS is a company listed on NASDAQ Stockholm and investing primarily in private equity funds with a Nordic focus. NAXS may also make direct investments or co-investments alongside private equity or other alternative assets funds. In addition, NAXS may, to a limited extent, make other types of investments.
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