Equity market volatility
The company’s value is primarily tied to listed securities and equity funds.
- Scope
- Portfolio fair value
- Materiality
- high
Havsfrun Investment B
Havsfrun Investment AB is a Swedish listed investment company based in Stockholm. Its business is to own and manage a portfolio of listed equities, equity funds, and other financial instruments, while also maintaining the corporate structure and governance needed for a public-market investment platform.
53.16
53.02
| % | |
|---|---|
| Listed equity investments | 55% Direct holdings in publicly traded shares and share-like instruments. |
| Equity funds | 25% Investments in pooled funds with equity market exposure. |
| Other financial instruments | 15% Derivatives, currency positions, and other securities used in portfolio management. |
| Corporate platform and advisory activities | 5% Holding-company and platform functions, including limited consulting and structure-related activities. |
Havsfrun does not sell products to end consumers; its economic counterparties are the capital markets...
- Shareholders and public-market investorsprimary
Buy and hold the listed B-share for exposure to the investment portfolio and corporate platform.
- Portfolio issuers and fund counterpartiesprimary
The company allocates capital into listed shares, funds, and other instruments across markets.
- Potential transaction partnerssecondary
Larger Nordic companies that could combine with Havsfrun through a reverse merger or similar structure.
Havsfrun is headquartered in Stockholm and is organized as a Swedish public company listed on Nasdaq Stockholm...
- •Headquartered in Stockholm, Sweden
- •Listed on Nasdaq Stockholm
- •Portfolio exposure is global rather than domestic
- •Foreign-currency assets create FX sensitivity
- •No operating manufacturing footprint; activity is investment-led
Havsfrun’s strategy is centered on active portfolio management and preserving a public-market platform with optionality...
01
Active portfolio managementshort-term
Portfolio value is the main driver of shareholder returns in an investment company model.
02
Maintain public-market platform optionalitymedium-term
A listed shell/platform can support a future combination with a larger company.
03
Control market and currency exposuremedium-term
Returns depend on market moves and foreign-currency valuation changes.
The main risks are market-driven: equity prices, fund valuations, and foreign exchange movements can quickly change...
Foreign exchange risk
Foreign-currency assets fluctuate with exchange rates and are not fully hedged.
- Scope
- Noted foreign-currency holdings
- Materiality
- high
Geopolitical and macro uncertainty
Global conflicts and economic uncertainty can depress asset prices and increase volatility.
- Scope
- Global portfolio
- Materiality
- medium
Transaction execution risk
A future merger or reverse transaction depends on finding and completing a suitable deal.
- Scope
- Corporate strategy
- Materiality
- medium
Fair value measurement of investments
Directly affects net asset value and earnings
Foreign currency translation/valuation
Can create gains or losses without underlying trading activity
Dividend recognition
Impacts liabilities and equity timing
Lease accounting
Affects administrative expense recognition
: 11/08/2026