# Hedera Group

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/hederagroup).

## Overview

Hedera Group is a Swedish group focused on personal assistance, staffing, and recruitment within healthcare and care services. Its operations are organized around Hedera Assistans and Hedera Bemanning, with staffing activities covering both life science and doctor-and-nurse assignments.

## Products & services

• Personal assistance services
• Healthcare staffing for doctors and nurses
• Life Science staffing and recruitment
• Recruitment and staffing services
• Care and welfare services

- **Personal assistance** (55%) — Support services for individuals needing daily personal assistance and care.
- **Healthcare staffing** (30%) — Temporary staffing of doctors and nurses for healthcare providers.
- **Life Science staffing and recruitment** (10%) — Specialized staffing and recruitment for life science roles.
- **Recruitment and other services** (5%) — Recruitment and related staffing services across niche roles.

- Personal assistance services
- Healthcare staffing for doctors and nurses
- Life Science staffing and recruitment
- Recruitment and staffing services
- Care and welfare services

## Customers

Hedera serves public and private buyers that need regulated care services or flexible healthcare labor. Its customer base includes municipalities, regions, healthcare organizations, and individuals receiving personal assistance through public funding or care arrangements.

- **Public healthcare buyers** (primary) — Regions and other public healthcare bodies buy temporary doctors and nurses to cover staffing gaps and specialist needs.
- **Personal assistance users** (primary) — Individuals receiving assistance services, often funded through public systems, buy daily support and care continuity.
- **Municipal and public care buyers** (secondary) — Municipalities and public entities buy care-related staffing and support services for service delivery.
- **Life Science employers** (secondary) — Companies in life science buy specialized staffing and recruitment for niche technical roles.

- Municipalities buying personal assistance and care support
- Regions sourcing temporary doctors and nurses
- Healthcare providers needing short-term staffing coverage
- Life Science employers seeking specialized recruitment
- Individuals and families using personal assistance services

## Geography

Hedera Group is headquartered in Stockholm and all of its subsidiaries operate in Sweden. Its personal assistance business is described as spanning from Malmö in the south to Orsa in the north, while staffing demand is tied to Swedish regions and public healthcare systems.

- **Sweden** (100%) — All group companies operate in Sweden

- Headquartered in Stockholm, Sweden
- All subsidiaries operate in Sweden
- Personal assistance coverage spans Malmö to Orsa
- Healthcare staffing depends on Swedish regions
- Public funding and regional procurement shape demand

## Strategy

Hedera’s stated strategy is to grow through acquisitions and organic expansion in niche care and staffing markets. The group also emphasizes quality leadership, digitalization, automation, and stronger sales and service capabilities to improve scalability and support growth.

- **Acquisition-led and organic growth** (medium-term) — Adds scale and broadens the service base in fragmented niche markets.
- **Digital workflow improvement** (short-term) — Improves matching, booking, and administrative efficiency in staffing operations.
- **Life Science expansion** (medium-term) — Diversifies the staffing portfolio and opens a specialized growth niche.
- **Sales and quality strengthening** (short-term) — Supports customer retention, service delivery, and competitive positioning.

- Grow through acquisitions and organic expansion
- Build scale in niche care and staffing markets
- Increase digitalization and automation
- Strengthen sales and service execution
- Expand Life Science staffing capabilities

## Risks

Hedera is exposed to regulatory scrutiny, public-sector purchasing decisions, and changes in demand for outsourced healthcare labor. Its personal assistance business also faces legal and reimbursement risk, while staffing depends on access to qualified personnel and on regional demand for temporary workers.

- **Regulatory and legal risk in personal assistance** [high] — The business operates in a heavily supervised area with reassessments and reimbursement disputes.
- **Reduced demand for healthcare staffing** [high] — Regions are limiting use of temporary staff, which can reduce assignment volumes and pricing power.
- **Dependence on public reimbursement systems** [medium] — Revenue is tied to state, municipal, and regional funding decisions and procurement processes.
- **Labor availability risk** [medium] — The model requires qualified caregivers, nurses, and doctors to fulfill assignments and maintain service quality.
- **Credit risk on public receivables** [medium] — The group carries receivables from municipalities, regions, and other public entities.

- Public reimbursement and procurement rules can change demand
- Personal assistance is exposed to regulatory review and legal claims
- Healthcare staffing depends on regional use of hired labor
- Recruitment and retention of qualified staff is critical
- Public-sector receivables create credit and liquidity exposure

## Accounting

Hedera’s results are affected by acquisition accounting, including fair value measurement of acquired assets, liabilities, and contingent consideration. Lease accounting under IFRS 16 also matters because office and operating leases create right-of-use assets and lease liabilities, while legal claims, reimbursement disputes, and receivables require judgment on provisions and collectability.

- **Business combinations and contingent consideration** — Goodwill, intangible assets, and operating profit
- **IFRS 16 leases** — Right-of-use assets and lease liabilities
- **Provisions and contingent liabilities** — Operating profit and liabilities
- **Receivables and expected credit losses** — Working capital and impairment charges

- Acquisition accounting affects goodwill and fair value adjustments
- Contingent consideration can change reported earnings
- IFRS 16 creates right-of-use assets and lease liabilities
- Legal claims and reimbursement disputes may require provisions
- Public receivables require credit-loss and collectability judgment

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*Last updated: 2026-08-11T04:04:53.087083+00:00*
