ANNE-BNasdaq StockholmReal EstateIFRS · SEK

Annehem Fastigheter B

Annehem Fastigheter AB is a Swedish property company that owns and manages commercial, community service, logistics and residential properties in Nordic growth areas. Its portfolio is concentrated in locations with good transport links and a clear environmental profile, and the company operates through long-term property ownership and active management.

Ask about the company
Revenue87.0m SEK
−68.4 %y/y
Net income-4.4m SEK
−123.8 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

0100200300m SEK2020: 152 m SEK2020: EBIT 16 m SEK20202021: 188 m SEK2021: EBIT 86 m SEK20212022: 218 m SEK2022: EBIT 74 m SEK20222023: 247 m SEK2023: EBIT 91 m SEK20232024: 275 m SEK2024: EBIT 92 m SEK20242025: 87 m SEK202587
RevenueOperating profit (EBIT)
Ask Clarifo about Annehem Fastigheter B

Business

Share of revenue
Office and commercial properties55 %

Modern office and other commercial premises leased to business tenants.

Community service properties20 %

Properties used for public or community-facing services such as schools or care.

Residential properties15 %

Rental homes held for long-term residential leasing.

Logistics properties and business parks10 %

Warehousing, logistics and business park assets supporting tenant operations.

Customers

Annehem’s tenants are mainly companies, public-sector related users and households that need well-located, modern premises or homes. The company’s properties are designed to attract long-term tenants that value transport access, sustainability performance and stable operating environments.

Office tenants

Businesses leasing office space in Nordic growth locations for employee access and quality premises.

Community service tenants

Public or community-oriented users leasing properties suited to schools, care or service delivery.

Residential tenants

Households renting homes in urban growth areas with good transport connections.

Logistics and business park tenants

Operators leasing logistics space or business park facilities for distribution and operations.

Strategy

Annehem’s strategy is to build a sustainable, modern property portfolio in attractive Nordic locations and to increase value through active management. The company emphasizes acquisitions, portfolio diversification and environmentally certified properties to support long-term tenant relationships and reduce concentration risk.

Expand in Nordic growth areasMedium term

Location quality and urban growth support tenant demand and long-term asset value.

Improve sustainability performanceMedium term

Environmental quality is part of the tenant proposition and supports portfolio relevance.

Diversify the property mixLong term

A broader mix of uses reduces dependence on one tenant type or market cycle.

Geography

Annehem operates in Nordic growth areas, with properties and management activity centered in Sweden and Finland and references to markets such as Stockholm, Helsinki, Malmö, Helsingborg/Ängelholm and Gothenburg. Geography matters because the business depends on local employment, infrastructure, population growth and tenant demand in these urban regions.

Risks

Annehem’s main risks come from property valuation, tenant demand and macroeconomic conditions in its Nordic city markets. Because the business owns fair-valued investment properties and depends on local leasing demand, changes in interest rates, inflation, employment and regional growth can affect both occupancy and asset values.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Investment property valuation risk1Macroeconomic and interest rate risk2Tenant and occupancy risk3Environmental and regulatory risk4
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. Investment property valuation riskImpact: HighLikelihood: Medium

    Properties are measured at fair value, so market yield changes flow through reported results.

    Exposure: Portfolio-wide

  2. Macroeconomic and interest rate riskImpact: HighLikelihood: Medium

    Demand, financing conditions and valuation assumptions are sensitive to rates and economic activity.

    Exposure: Nordic growth markets

  3. Tenant and occupancy riskImpact: MediumLikelihood: Medium

    Rental income depends on keeping long-term tenants in office, logistics and residential assets.

    Exposure: Commercial and residential portfolio

  4. Environmental and regulatory riskImpact: MediumLikelihood: Low

    Property ownership can involve remediation, compliance or due diligence issues on acquired assets.

    Exposure: Acquired properties and older assets

Ask Clarifo about Annehem Fastigheter B

Accounting

Judgemental items
Fair value of investment properties

Reported profit and equity depend on valuation assumptions such as yield, rent and occupancy.

Impact: Can materially change earnings without cash flow impact

Derivative hedge accounting

Forward exchange contracts and fixed-interest derivatives are used to manage financial risk.

Impact: Affects OCI, equity reserves and financial items

Valuation assumptions

External appraisals and internal estimates drive property values and sensitivity to market conditions.

Impact: Key driver of balance sheet and earnings volatility

Similar listed companies

Publicly listed companies with a comparable business focus.

Healthier Choices Management Corp.

HCMC · Tobacco Products

Hong Yuan Holding Group

HGYN · Plastic Materials, Synth Resins & Nonvulcan Elastomers

Valuence Merger Corp. I

VMCUF · Blank Checks

American Exceptionalism Acquisition Corp. A

AEXA · Blank Checks

Artificial Intelligence Technology Solutions Inc.

AITX · Services-Prepackaged Software

Amgen Inc

AMGN · Biological Products, (No Diagnostic Substances)

Last updated: 24/09/2026