Market risk
Portfolio values move with equity markets and valuation multiples.
- Scope
- Listed and unlisted holdings
- Materiality
- high
Investment AB Öresund
Öresund is a Swedish investment company that owns and manages a portfolio of Nordic companies and securities. It operates as an active, long-term owner, using its capital and ownership position to influence portfolio companies over time. The company is listed on Nasdaq Stockholm and is organized as a parent investment company with a dormant subsidiary.
6
100,0 %
+103,0 %
| % | |
|---|---|
| Listed equity investments | 70% Ownership stakes in Nordic listed companies held for capital appreciation and influence. |
| Unlisted equity investments | 15% Private or less liquid holdings valued through internal assessment and transaction references. |
| Portfolio management and stewardship | 15% Active ownership, board influence, and long-term development of portfolio companies. |
Öresund does not sell products to end customers; its economic counterparties are shareholders and the portfolio...
- Public shareholdersprimary
Buy Öresund shares for exposure to a diversified Nordic investment portfolio and active ownership model.
- Portfolio companiesprimary
Receive capital, governance support, and long-term ownership from Öresund.
- Co-investors and other ownerssecondary
Partner with Öresund in portfolio companies where aligned long-term ownership matters.
Öresund’s investment focus is Nordic, with capital deployed primarily in companies across Sweden, Denmark, Norway, and...
- •Primary exposure is to Nordic companies and securities
- •Sweden is the natural home market through Nasdaq Stockholm
- •Portfolio exposure can extend across Denmark, Norway, and Finland
- •Foreign securities may appear, but are a small part of the portfolio
Öresund’s strategy is to invest in attractively valued Nordic companies where it can act as an active and long-term...
01
Active ownershipmedium-term
Influence portfolio companies’ operational, financial, and strategic position to create value.
02
Long-term capital allocationlong-term
Hold investments as long as value creation potential remains attractive.
03
Risk diversificationmedium-term
Reduce concentration risk across the equity portfolio while preserving upside.
04
Fundamental investment analysisshort-term
Focus on durable earnings power rather than short-term quarterly noise.
Öresund’s main risk is market risk, because the value of its portfolio depends on equity prices and valuation multiples...
Concentration risk
Returns can be affected by a limited number of holdings or sectors.
- Scope
- Equity portfolio
- Materiality
- high
Valuation uncertainty in unlisted holdings
Fair values rely on assumptions, multiples, or transaction references.
- Scope
- Private/less liquid investments
- Materiality
- high
Liquidity risk
Some holdings may be difficult to sell quickly without price impact.
- Scope
- Less liquid securities
- Materiality
- medium
Currency risk
Foreign securities and cross-border exposures can affect reported value.
- Scope
- Non-Swedish holdings
- Materiality
- low
Fair value measurement of investments
Reported profit and equity can move with market prices
Valuation of unlisted holdings
Small assumption changes can move carrying values materially
Derivative and swap accounting
Can change both P&L and balance sheet presentation
Realized vs unrealized gains
Cash generation may differ from accounting profit
: 11/08/2026