COORNasdaq StockholmIndustrialsIFRS · SEK

Coor Service Management Holding AB

Coor Service Management Holding AB is a prominent provider of facility management services in the Nordic region, focusing on creating efficient and sustainable workplace environments. Founded in 1998 and listed on Nasdaq Stockholm since 2015, Coor specializes in workplace services, property services, and strategic advisory services. The company serves a diverse range of clients, including large corporations and public-sector organizations, by optimizing their service activities to enhance operational efficiency and productivity. Coor is committed to sustainability and social responsibility, integrating these principles into its business operations.

Revenue12.4bn SEK
+8,785.0 %y/y
Operating profit (EBIT)455m SEK
+25.0 %y/y
EBIT margin3.7%
−256.3 ppy/y
Net income60.0m SEK
−52.4 %y/y
Free cash flow675m SEK
+134.4 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

0.02.55.07.510.012.5bn SEK2021: 10.1 bn SEK2021: EBIT 0.40 bn SEK20212022: 11.8 bn SEK2022: EBIT 0.41 bn SEK20222023: 12.4 bn SEK2023: EBIT 0.36 bn SEK20232024: 0.14 bn SEK2024: EBIT 0.36 bn SEK20242025: 12.4 bn SEK2025: EBIT 0.46 bn SEK202512.40.46
RevenueOperating profit (EBIT)

Business

Share of revenue
Workplace Services30 %

Includes services aimed at enhancing workplace efficiency and employee satisfaction.

Property Services30 %

Encompasses maintenance and management of client properties.

Strategic Advisory Services15 %

Provides consultancy on optimizing service activities.

Integrated Facility Management25 %

Combines multiple services into a single management solution.

Customers

Coor's customer base is diverse, including both large multinational corporations and public-sector organizations across the Nordic region. Key clients include companies like ABB, IKEA, and Volvo Cars, as well as public entities such as the Danish Police and Karolinska University Hospital. These customers rely on Coor for comprehensive facility management solutions that enhance operational efficiency and employee satisfaction. Coor's ability to tailor its services to meet specific client needs is a significant factor in its customer relationships, contributing to high customer satisfaction and retention rates.

Large Corporations

Require integrated facility management to enhance operational efficiency.

Public Sector

Needs comprehensive property and workplace services for public facilities.

Medium-sized Enterprises

Looking for tailored workplace services to improve employee satisfaction.

Strategy

Coor's strategic priorities focus on achieving sustainable growth and profitability while maintaining strong business ethics and customer relationships. The company aims to streamline its organization to achieve cost savings and improve operational efficiency. A key strategic goal is to reach a long-term EBITA margin target of 5.5% by 2026. Coor also emphasizes sustainability, integrating environmental and social responsibility into its business model to create value across multiple dimensions.

Cost EfficiencyShort term

To achieve cost savings and improve margins

SustainabilityLong term

To integrate environmental and social responsibility

ProfitabilityMedium term

To reach a long-term EBITA margin target

Geography

Coor operates primarily in the Nordic region, with significant market presence in Sweden, Norway, Denmark, and Finland. The company has strategically positioned itself to serve a wide array of clients across these countries, leveraging regional expertise to deliver tailored facility management solutions. Key markets include major urban centers where large corporations and public-sector organizations are concentrated. Coor's geographic focus allows it to maintain strong relationships with clients and adapt to regional market dynamics effectively.

Risks

Coor faces several strategic and operational risks, including changes in market conditions and economic environments, which can impact demand for facility management services. The company also encounters sustainability risks and operational challenges related to managing large-scale customer contracts. Financial risks include currency fluctuations, interest rate changes, and liquidity management. Additionally, Coor must navigate competitive pressures in the Nordic facility management market, which can affect pricing and contract renewals.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market Conditions1Currency Fluctuations3Operational Challenges4
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. Market ConditionsImpact: HighLikelihood: Medium

    Economic downturns can reduce demand for services

  2. Competitive PressuresImpact: High

    Intense competition in the facility management market

  3. Currency FluctuationsImpact: MediumLikelihood: Medium

    Exposure to multiple currencies in the Nordic region

  4. Operational ChallengesImpact: MediumLikelihood: Low

    Complexity in managing large contracts

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Accounting

Judgemental items
Revenue Recognition

Impacts timing of revenue and profit recognition

Impact: high

Lease Accounting

Affects balance sheet and operating expenses

Impact: medium

Currency Fluctuations

Leads to translation differences in financial statements

Impact: medium

Provisions and Estimates

Affects reported earnings and financial position

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Coor Service Management Holding AB (XSTO) – Industrials | Financial Analysis – Clarifo