CARANasdaq StockholmHealth CareIFRS · SEK

Carasent

Carasent is a Swedish company specializing in digital services for the healthcare industry. The company aims to enhance digitalization to help healthcare providers deliver efficient and high-quality services. Carasent is listed on the Nasdaq Stockholm Stock Exchange and operates with a focus on expanding its digital solutions to meet the evolving needs of the healthcare sector. The company has a significant presence in the Nordic region, with a strategic emphasis on organic growth and acquisitions to bolster its service offerings.

Revenue301m SEK
+9.3 %y/y
Operating profit (EBIT)9.4m SEK
+117.3 %y/y
EBIT margin3.1%
+22.9 ppy/y
Net income-2.6m SEK
+94.0 %y/y
Free cash flow-0.5m SEK
+90.8 %y/y

Fiscal year 2025 · change from previous year

Development 2022–2025

-1000100200300400m SEK2022: 208 m SEK2022: EBIT 37 m SEK20222023: 245 m SEK2023: EBIT -78 m SEK20232024: 275 m SEK2024: EBIT -55 m SEK20242025: 301 m SEK2025: EBIT 9.4 m SEK20253019.4
RevenueOperating profit (EBIT)

Business

Share of revenue
Digital Healthcare Platforms40 %

Includes platforms for managing healthcare services digitally

EHR Solutions30 %

Electronic health records systems for healthcare providers

Consulting Services15 %

Advisory services for digital transformation in healthcare

Platform Services10 %

Support and services for healthcare platforms

Data Management5 %

Solutions for healthcare data analytics and management

Customers

Carasent serves a diverse range of customers within the healthcare sector, primarily targeting healthcare providers looking to enhance their digital capabilities. These customers include hospitals, clinics, and other healthcare facilities that require robust digital solutions to manage patient records and streamline operations. The company's services are particularly appealing to organizations aiming to improve efficiency and quality of care through digital transformation. Carasent's customer base is primarily located in the Nordic region, with a growing interest from other European markets.

Hospitals

Purchase digital platforms and EHR solutions to improve efficiency

Clinics

Require EHR systems for better patient data management

Healthcare Facilities

Use consulting services for digital transformation

Strategy

Carasent's strategic priorities include expanding its digital healthcare solutions and increasing its market share in the Nordic region. The company focuses on organic growth through the enhancement of its existing platforms and services. Additionally, Carasent aims to grow through strategic acquisitions, as evidenced by its purchase of Data-AL GmbH. The company is also committed to optimizing its capital structure to support future growth and value creation.

Expand digital healthcare solutionsMedium term

To meet growing demand for digital transformation in healthcare

Increase market share in the Nordic regionShort term

To solidify regional leadership and leverage local expertise

Strategic acquisitionsLong term

To accelerate growth and diversify service offerings

Geography

Carasent is headquartered in Sweden and has a strong presence in the Nordic region, particularly in Sweden and Norway. The company has expanded its operations to include Germany through the acquisition of Data-AL GmbH. This geographic focus allows Carasent to leverage regional expertise and cater to the specific needs of healthcare providers in these areas. The company's strategic location in Europe positions it well for further expansion into other European markets.

Risks

Carasent faces several risks, including industry-specific challenges such as regulatory changes in healthcare and the need for continuous innovation to stay competitive. Financial risks include currency fluctuations and the impact of acquisitions on financial stability. The company's reliance on the Nordic market exposes it to regional economic conditions. Additionally, the integration of acquired companies poses operational risks that could affect performance if not managed effectively.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Regulatory changes1Currency fluctuations3
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. Regulatory changesImpact: HighLikelihood: Medium

    Healthcare industry is subject to strict regulations

  2. Integration of acquisitionsImpact: High

    Challenges in integrating acquired companies can affect operational efficiency

  3. Currency fluctuationsImpact: MediumLikelihood: Medium

    Operations in multiple countries expose the company to exchange rate risks

Accounting

Judgemental items
Revenue recognition

Critical for understanding earnings and cash flow

Impact: high

Goodwill accounting

Significant due to acquisition activities

Impact: high

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Carasent (CARA) Revenue, Earnings & Financials 2025 – Clarifo