This announcement is not an offer of securities for sale in
First quarter 2023
- Net profit for the first quarter amounted to MSEK 3.9 (48.4).
-
Earnings per share amounted to
SEK 0.36 (4.34). -
Net asset value amounted to MSEK 963 (
SEK 86.95 per share) atMarch 31, 2023 , compared to MSEK 959 (SEK 86.59 per share) atDecember 31, 2022 . -
Net cash amounted to MSEK 289 (
SEK 26.09 per share) atMarch 31, 2023 , compared to MSEK 212 (SEK 19.11 per share) atDecember 31, 2022 . -
The 2023 Annual General Meeting resolved to pay a dividend of
3.75 SEK per share for FY 2022.
In the fourth quarter of 2022, the functional currency of the Danish and Norwegian subsidiaries was changed to be the same as that of the parent company and is reported in the income statement in the item Change in value instead of as before when the foreign subsidiaries financial statements have been translated to SEK and the translation difference has been reported in other comprehensive income. The comparison period January -
Comments by the CEO
Following a strong development in 2022 the NAV growth continued during the first quarter of 2023 although at a slower pace, increasing by 0.4%. This represented the 11th consecutive quarterly NAV growth for the Company. Over 12 months, the NAV/share has increased by 15.8%, including the FY 2021 dividend paid in
NAXS's underlying funds, signed or closed 1 new acquisition, 1 full exit and 1 partial exit during the quarter.
On
Financial summary
2023 1/1-03/31 | 2022 1/1-03/31 | |
Net profit/loss for the period, KSEK | 3 943 | 48 402 |
2023 03/31 | 2022 12/31 | |
Private equity fund investments, KSEK | 606 671 | 687 989 |
Private equity fund investments in % of equity | 63 | 72 |
Remaining commitments, KSEK | 147 064 | 157 582 |
Total exposure to private equity fund investments, KSEK | 753 735 | 845 571 |
Other investments, KSEK | 67 297 | 60 801 |
Net cash, KSEK | 289 026 | 211 668 |
Private equity fund investments per share, SEK | 54.77 | 62.11 |
Other investments per share, SEK | 6.08 | 5.49 |
Net cash per share, SEK | 26.09 | 19.11 |
Net asset value per share, SEK | 86.95 | 86.59 |
Share price, SEK | 70.20 | 59.80 |
Contact information
Telephone: +46 70 710 47 88
This information is information that |
This press release and further information is available on the Company's website: www.naxs.se
Corp. Reg. No. 556712-2972
Nybrogatan 8
114 34
Tel: +46 (0)766 40 00 40, E-mail: info@naxs.se
NAXS is a company listed on NASDAQ Stockholm and investing primarily in private equity funds with a Nordic focus. NAXS may also make direct investments or co-investments alongside private equity or other alternative assets funds. In addition, NAXS may, to a limited extent, make other types of investments.
https://news.cision.com/naxs-ab/r/naxs-interim-report-january-march-2023,c3757111
https://mb.cision.com/Main/21307/3757111/2007250.pdf
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