Solid Försäkringsaktiebolag (publ)

Stockholm Stock Exchange SFAB.ST

Solid Försäkringsaktiebolag (publ) Net Income Margin for the year ending December 31, 2023: 13.94%

Solid Försäkringsaktiebolag (publ) Net Income Margin is 13.94% for the year ending December 31, 2023, a 40.40% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Solid Försäkringsaktiebolag (publ) Net Income Margin for the year ending December 31, 2022 was 9.93%, a -14.02% change year over year.
Solid Försäkringsaktiebolag (publ) Net Income Margin for the year ending December 31, 2021 was 11.55%, a 149.58% change year over year.
Solid Försäkringsaktiebolag (publ) Net Income Margin for the year ending December 31, 2020 was 4.63%, a -11.89% change year over year.
Solid Försäkringsaktiebolag (publ) Net Income Margin for the year ending December 31, 2019 was 5.25%, a 207.41% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Stockholm Stock Exchange: SFAB.ST

Solid Försäkringsaktiebolag (publ)

CEO	Mr. Marcus Tillberg
IPO Date	Dec. 1, 2021
Location	Sweden
Headquarters	Landskronavägen 23
Employees	77
Sector	Finance
Industries Insurance Consumer Packaged Goods

Description

Solid Försäkringsaktiebolag (publ) provides non-life insurance products for private individuals in Sweden, Denmark, Norway, Finland, and the rest of Europe. It operates in three segments: Personal Safety, Product, and Assistance. The company offers bicycle, consumer electronics, income, payment protection, ID theft, accident, travel and cancellation protection, and all-risk insurance products; and assistance, insurance associated with vehicle warranties, and various insurance products for the travel industry. It also provides a deductible for white goods, garden tools, glasses, watches, and jewelry. The company offers its products through retail chains, banks, credit institutions, travel agents, and car dealerships, as well as directly to consumers. Solid Försäkringsaktiebolag (publ) was incorporated in 1993 and is headquartered in Helsingborg, Sweden.

Key trends

Past 5 years