Kinnevik AB/Skr KINV B

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About Kinnevik AB

Kinnevik AB is an investment company based in Stockholm, Sweden, focused on building digital consumer businesses. It operates primarily in the sectors of e-commerce, financial services, healthcare, and telecommunications. Kinnevik was founded in 1936 and has a long history of investing in growth-oriented companies, leveraging strategic partnerships and its deep industry expertise. The company invests with a long-term perspective, aiming to provide capital, operational support, and strategic guidance to its portfolio companies. Kinnevik's geographic focus is predominantly on Europe, and it holds significant stakes in several well-known companies, helping create value through active portfolio management and strategic redeployment of capital.
Ticker
Skr KINV B
Sector
Finance
Primary listing
XSTO
Employees
45
Headquarters
Stockholm, Sweden

Kinnevik AB Metrics

BasicAdvanced
kr 17B
-
-kr 25.95
1.38
-

Bulls say / Bears say

Q2 NAV increased 6% sequentially to SEK 29.6bn, while Kinnevik retained SEK 7.4bn of net cash, providing substantial capacity to support portfolio companies or pursue new investments. (Kinnevik)
Larger portfolio companies grew sales by a weighted average of 28% year-to-date and improved EBITDA margins by four percentage points to negative 6%, indicating operating momentum and improving unit economics. (Kinnevik)
Management has begun reducing annual cash management costs toward approximately SEK 200m from 2027 and is applying more disciplined capital allocation, which could improve operating leverage and reduce NAV drag from corporate overhead. (Kinnevik)
Kinnevik’s NAV fell 17% during the first half of 2026, despite a 6% rebound in Q2; Q1 alone included a SEK 8.3bn hit from falling private-market valuation multiples. (Kinnevik)
Portfolio concentration remains material: Spring Health represented 22% of portfolio value, while the five largest holdings accounted for roughly 56%, increasing sensitivity to company-specific setbacks and valuation write-downs. (Kinnevik)
Kinnevik is undergoing execution-intensive change, including a new CEO, CFO departure, organizational downsizing and an internal portfolio review; leadership transition could delay investment decisions or value-realization initiatives. (Kinnevik)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.

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Market data provided by CBOE Europe and Deutsche Börse.