# Nicoccino > 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/nicoccino). ## Overview Nicoccino Holding AB is a Swedish holding and operating group centered on Nicoccino-branded nicotine strip products and related intellectual property. The group includes Nicoccino AB in Stockholm and Nicoccino Ltd in London, and it operates with a small in-house organization supported by external service providers. ## Products & services • Nicotine strips under the Nicoccino brand • Patented alginate film technology with nicotine • Product manufacturing in Gillinge • Licensing and IP rights for film composition • Brand and trademark ownership - **Nicotine strips** (85%) — Thin oral nicotine strips sold as a tobacco-free nicotine product. - **Intellectual property licensing** (10%) — Patent and trademark rights used to support product commercialization and protection. - **Manufacturing and related services** (5%) — Internal production activities and support services tied to product supply. - Nicotine strips under the Nicoccino brand - Patented alginate film technology with nicotine - Product manufacturing in Gillinge - Licensing and IP rights for film composition - Brand and trademark ownership ## Customers Nicoccino sells to consumers and channel partners that distribute nicotine-strip products in markets where tobacco-free nicotine alternatives are permitted. The business also depends on commercial counterparties tied to manufacturing, supply, and licensing arrangements that support product availability and market access. - **Adult nicotine consumers** (primary) — Buy nicotine strips for a tobacco-free oral nicotine experience. - **Retail and distribution partners** (secondary) — Buy product inventory for resale through nicotine and convenience channels. - **Licensing counterparties** (secondary) — Use or support the patented film technology and related IP. - **Manufacturing and service providers** (secondary) — Provide production, accounting, legal, and other outsourced support. - Adult consumers seeking tobacco-free nicotine alternatives - Retail and distribution partners in nicotine product channels - Commercial counterparties supporting manufacturing and supply - License and IP counterparties linked to product composition ## Geography Nicoccino is headquartered in Sweden and reports a group structure with operations in Stockholm and London, plus production activity in Gillinge. Its intellectual property is protected across many countries, which matters because commercialization and enforcement depend on where nicotine products can be sold and protected. - Sweden is the group base and reporting center - Stockholm houses Nicoccino AB - London is home to Nicoccino Ltd - Gillinge is the production location - Patent protection spans 55 countries ## Strategy The company’s strategy is built around protecting and commercializing its nicotine-strip technology through patents, trademarks, and controlled production. It also relies on maintaining manufacturing capability and external partnerships so the product can be supplied and scaled in markets where it is allowed. - **Protect and extend intellectual property** (long-term) — Patent and trademark protection underpins product differentiation and market access. - **Maintain production readiness** (short-term) — Reliable manufacturing is necessary to fulfill orders and support commercialization. - **Support commercialization through partnerships** (medium-term) — The business depends on suppliers, consultants, and commercial counterparties. - Protect the nicotine-strip patent estate - Commercialize the Nicoccino brand and product line - Maintain reliable production capability in Gillinge - Use external partners for non-core functions - Preserve access to financing and long-term supply ## Risks Nicoccino faces competition from larger nicotine-product companies and from alternative products under development, which can pressure market share and pricing. The business is also exposed to production interruptions, supplier dependence, foreign-exchange movements, and financing risk because it is a small, specialized group with limited internal resources. - **Intense competition in nicotine alternatives** [high] — Larger and better-funded competitors may launch substitute products or price aggressively. - **Production and supplier disruption** [high] — The business relies on a functioning factory and external ingredient supply. - **Small-organization key-person dependence** [medium] — Operations rely on a limited number of employees and outsourced specialists. - **Foreign exchange risk** [medium] — Purchases are mainly in EUR and SEK while sales are largely in EUR. - **Liquidity and refinancing risk** [high] — The group depends on continued access to loans and lender support. - Competition from international nicotine-product companies - Production stoppages could interrupt supply - Dependence on external suppliers and partners - EUR/SEK currency swings affect costs and sales - Financing and refinancing risk remain important ## Accounting Nicoccino reports under IFRS and uses historical cost for most assets and liabilities, so judgment mainly appears in areas such as leases, inventory valuation, and impairment testing. The group also has foreign-currency transactions, leased assets, and small-balance-sheet items that can move reported results and carrying values disproportionately relative to revenue. - **Inventory valuation** — Can reduce carrying value if demand or pricing weakens - **Lease accounting under IFRS 16** — Changes reported assets, liabilities, and EBITDA-like measures - **Foreign currency translation and transaction gains/losses** — Affects operating profit, finance costs, and cash flow volatility - **Impairment of intangible and fixed assets** — Could trigger write-downs if expected cash generation falls - IFRS reporting with historical-cost measurement - Inventory is carried at lower of cost and net realizable value - Lease accounting affects right-of-use assets and lease liabilities - Foreign-currency gains and losses flow through operating or finance lines - Impairment reviews matter for fixed assets and intangibles --- *Last updated: 2026-08-11T04:04:54.833030+00:00*