Company Balder

Equities

BALD B

SE0017832488

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Balder

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Real Estate Development & Operations

Market Closed - Nasdaq Stockholm Other stock markets 11:29:39 2024-04-23 am EDT			5-day change	1st Jan Change
69.36 ^SEK	+2.45%		+4.02%	-3.02%

Apr. 17	Vår Energi Makes Oil Find in Central North Sea	MT
Mar. 26	Swedish real estate group Balder proposes new board chair	RE

Fastighets AB Balder is a Sweden-based company engaged in the acquisition, development and management of residential and commercial real estate. The Companyâs real estate portfolio is comprised primarily of residential real estate and is located in such cities, as Stockholm, Gothenburg, Lund, Malmo, Norrkoping, as well as in regions outside metropolitan areas of Sweden and in the Copenhagen region in Denmark. The Companyâs subsidiaries include Balder Storstad AB, Balder Mellanstad AB, Din Bostad Sverige AB, Egby Vindkraftverk AB and Serena Properties AB.

Number of employees: 1,150

SEK in Million	2022	Weight	2023	Weight	Delta
Residential 53.8 %	5,574	53.0 %	6,428	53.8 %	+15.32%
Office 14.2 %	1,565	14.9 %	1,699	14.2 %	+8.56%
Retail 13.2 %	1,391	13.2 %	1,578	13.2 %	+13.44%
Other 11.1 %	1,116	10.6 %	1,329	11.1 %	+19.09%
Industrial/Logistics 7.4 %	843	8.0 %	887	7.4 %	+5.22%
Projects for Own Management 0.2 %	32	0.3 %	22	0.2 %	-31.25%

SEK in Million	2022	Weight	2023	Weight	Delta
Sweden 44.1 %	4,712	44.8 %	5,270	44.1 %	+11.84%
Finland 38.6 %	4,062	38.6 %	4,612	38.6 %	+13.54%
Denmark 9.6 %	899	8.5 %	1,146	9.6 %	+27.47%
Norway 6.2 %	714	6.8 %	744	6.2 %	+4.20%
United Kingdom 0.9 %	80	0.8 %	109	0.9 %	+36.25%
Germany 0.5 %	53	0.5 %	63	0.5 %	+18.87%

Managers	Title	Age	Since
Kjell Erik Torne Selin FOU	Founder	57	94-12-31
Ewa Wassberg DFI	Director of Finance/CFO	44	22-08-31
Petra Sprangers ADM	Chief Administrative Officer	59	06-12-31
Eva Andrea Sigurgeirsdottir PRN	Corporate Officer/Principal	50	13-12-31
Susanna Essunger Nordlund PRN	Corporate Officer/Principal	-	-
Sharam Rahi PRN	Corporate Officer/Principal	51	04-12-31
Benny Ivarsson PRN	Corporate Officer/Principal	69	05-12-31

Members of the board	Title	Age	Since
Karl Fredrik Arvid Svensson BRD	Director/Board Member	63	04-12-31
Kjell Erik Torne Selin FOU	Founder	57	94-12-31
Sten Magnus Dunér BRD	Director/Board Member	73	06-12-31
Anna Christina Rogestam CHM	Chairman	81	05-12-31
Nils Anders Peter Wennergren BRD	Director/Board Member	68	08-12-31

	Vote	Quantity	Free-Float	Total Float
Stock A	1	67,376,592	0	56.46 %
Stock B	0	1,086,623,408	657,190,036 ( 60.48 %)
Stock C	0	10,000,000	0

Name	Equities	%	Valuation
Kjell Erik Torne Selin 31.08 %	343,265,400	31.08 %	2 526 M kr
Swedbank Robur Fonder AB 8.240 %	91,016,580	8.240 %	670 M kr
Svensson Family 7.356 %	81,255,240	7.356 %	598 M kr
AMF Fonder AB 7.256 %	80,155,650	7.256 %	590 M kr
Länsförsäkringar Fondförvaltning AB 3.075 %	33,966,069	3.075 %	250 M kr
Handelsbanken Fonder AB 2.694 %	29,763,763	2.694 %	219 M kr
SEB Investment Management AB 2.288 %	25,271,431	2.288 %	186 M kr
Lannebo Fonder AB 1.942 %	21,454,474	1.942 %	158 M kr
Cliens Kapitalförvaltning AB 1.257 %	13,890,389	1.257 %	102 M kr
Nordea Investment Management AB 1.250 %	13,805,537	1.250 %	102 M kr

Name	Equities	%	Valuation
Kjell Erik Torne Selin 74.00 %	49,855,968	74.00 %	367 M kr
Svensson Family 25.97 %	17,495,352	25.97 %	129 M kr
FCG Fonder AB 0.0668 %	45,000	0.0668 %	331 126 kr

Name	Equities	%	Valuation
ENTRA ASA 27.45%	50,000,000	27.45%	519,962,000 $
NORION BANK AB 44.10%	90,573,024	44.10%	395,578,588 $
STENHUS FASTIGHETER I NORDEN AB 18.63%	69,041,556	18.63%	72,834,699 $
PREMIA REAL ESTATE INVESTMENT COMPANY SOCIETE ANONYME 17.22%	15,000,000	17.22%	18,565,200 $
FORTINOVA FASTIGHETER AB 11.64%	5,655,500	11.64%	13,222,955 $

Fastighets AB Balder

Parkgatan 49

411 38, Gothenburg

+46 31 10 95 70

http://www.balder.se

Name	Category and Sector
SATO Oyj SATO Oyj Real Estate DevelopmentFinance SATO Oyj operates as a housing investment company. The firm provides a range of rental homes such as owner-occupied homes, homes for seniors, studio homes, and hotel homes. The company was founded in 1940 and is headquartered in Helsinki, Finland.	Real Estate Development
SATOkoti Oy
Sato-Asunnot Oy Sato-Asunnot Oy Real Estate DevelopmentFinance Part of Fastighets AB Balder, Sato-Asunnot Oy is a Finnish company that offers rental homes in various cities in Finland, including Helsinki, Espoo, Vantaa, Turku, Tampere, Jyväskylä, and Oulu. The private company is based in Helsinki, Finland. The company provides different types of homes, such as rental homes, studio apartments, and part-ownership homes. The company's website showcases their upcoming, new, and renovated rental and part-ownership homes. The company was founded in 1997. The CEO is Antti Valtteri Aarnio.	Real Estate Development
Sato-Pietari Oy
Sato-Neva Oy
Serena Properties AB Serena Properties AB Real Estate DevelopmentFinance Serena Properties AB provides real estate services for retail properties. The company is headquartered in Finland.	Real Estate Development
Balder Finska Otas AB Balder Finska Otas AB Real Estate DevelopmentFinance Part of Fabege AB, Balder Finska Otas AB is a Swedish company that provides real estate services. The private company is based in Gothenburg, Sweden. Founded in 2015.	Real Estate Development
Balder Invest AB

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

67.7 SEK

Average target price

75.6 SEK

Spread / Average Target

+11.67%

Consensus

Estimates Revisions

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Other Real Estate Development & Operations

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Other Real Estate Development & Operations