AMBEANasdaq StockholmHealth CareIFRS · SEK

Ambea

Ambea is a prominent provider of care services across the Nordic region, focusing on social care, nursing homes, and specialized services for children, youth, and adults. The company has a strong presence in Sweden, Finland, Norway, and Denmark, where it operates various care units under different brand names. Ambea is committed to quality and sustainability, continuously investing in growth through acquisitions and the development of new services and operational structures.

Revenue16.0bn SEK
+13.0 %y/y
Operating profit (EBIT)1,379m SEK
+7.9 %y/y
EBIT margin8.6%
−0.4 ppy/y
Net income665m SEK
+7.3 %y/y
Free cash flow2,030m SEK
+3.5 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05101520bn SEK2021: 11.5 bn SEK2021: EBIT 0.60 bn SEK20212022: 12.6 bn SEK2022: EBIT 0.84 bn SEK20222023: 13.3 bn SEK2023: EBIT 0.98 bn SEK20232024: 14.2 bn SEK2024: EBIT 1.3 bn SEK20242025: 16.0 bn SEK2025: EBIT 1.4 bn SEK202516.01.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Social Care Services40 %

Includes care for children, youth, and adults across the Nordics.

Nursing Homes35 %

Comprises nursing homes and home care services in Sweden.

Personal Assistance15 %

Personal assistance and rehabilitation services in Norway and Finland.

Child Welfare Services10 %

Child welfare and family care services in Finland.

Customers

Ambea serves a diverse range of customers, primarily focusing on public sector clients such as municipalities and regional authorities that contract care services. The company also caters to private individuals and families seeking specialized care solutions. Ambea's services are tailored to meet the needs of children, youth, and adults requiring social care, nursing, and rehabilitation. The company's customer base is expanding through strategic acquisitions and organic growth, particularly in Finland and Sweden.

Public Sector Clients

Municipalities and regional authorities contracting care services.

Private Individuals

Families and individuals seeking specialized care solutions.

Nordic Regional Authorities

Regional authorities in Sweden, Finland, Norway, and Denmark.

Strategy

Ambea's strategic priorities include expanding its market presence through acquisitions and enhancing operational efficiency. The company is focused on developing a Nordic quality management system to improve care standards and investing in IT infrastructure for scalability. Ambea aims to sustain sector-leading organic growth while integrating new acquisitions to broaden its service offerings. These strategic initiatives are designed to strengthen Ambea's position as a leading care provider in the Nordics.

Expand through AcquisitionsMedium term

To increase market share and service offerings.

Enhance Operational EfficiencyShort term

To improve care quality and operational scalability.

Sustain Organic GrowthLong term

To maintain leadership in the care sector.

Geography

Ambea operates primarily in the Nordic region, with significant operations in Sweden, Finland, Norway, and Denmark. The company's strategic focus on these markets is driven by the demand for high-quality care services and the opportunity for growth through acquisitions. Ambea's recent expansion into Finland's child welfare sector highlights its commitment to strengthening its market position. The company's geographic presence allows it to leverage regional expertise and maintain a strong competitive edge.

Risks

Ambea faces several business and financial risks, including integration challenges from recent acquisitions and regulatory changes in the Nordic care sector. The company is also exposed to legal risks, such as ongoing proceedings in Norway related to temporary care workers. Additionally, fluctuations in currency exchange rates can impact financial performance. Industry-specific risks include changes in public funding for care services and evolving care standards.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Regulatory Changes2Legal Proceedings3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Integration ChallengesImpact: High

    Complexity of integrating new acquisitions.

  2. Regulatory ChangesImpact: MediumLikelihood: Medium

    Potential changes in care standards and funding.

  3. Legal ProceedingsImpact: MediumLikelihood: Low

    Ongoing legal issues in Norway.

Accounting

Judgemental items
Integration Costs

Affect earnings due to acquisition-related expenses.

Revenue Recognition Timing

Impacts financial results based on service delivery.

Goodwill Valuation

Critical due to acquisition-driven growth strategy.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026