Nivika Fastigheter AB (publ)Interim Report January - September 2025

REG

July – September 2025
(Figures in brackets refer to the same period last year)

  • Total rental income increased by 9% to SEK 194 million (178)
  • Net letting was SEK 8 million (3)
  • Net operating income increased by 11% to SEK 154 million (139)
  • Profit from property management increased by 14% to SEK 74 million (65)
  • Cash flow from operating activities before changes in working capital
    increased by 2% to SEK 142 million (140)
  • Change in value for investment properties amounted to SEK 21 million (29),
    of which realised changes in value amounted to SEK 4 million (0)
  • Changes in value of interest rate derivatives amounted to SEK 28 million (-69)
  • Comprehensive income for the period amounted to SEK 110 million (5)
  • Earnings per share SEK 1.15 (0.1)

 

January – September 2025 (9 months)
(Figures in brackets refer to the same period last year)

  • Total rental income increased by 11% to SEK 577 million (520)
  • Net letting was SEK 32 million (9)
  • Net operating income increased by 14% to SEK 425 million (373)
  • Profit from property management increased by 15% to SEK 191 million (166)
  • Cash flow from operating activities before changes in working capital
    increased by 14% to SEK 384 million (337)
  • Change in value for investment properties amounted to SEK 63 million (56),
    of which realised changes in value amounted to SEK 4 million (10)
  • Changes in value of interest rate derivatives amounted to SEK -25 million (-73)
  • Comprehensive income for the period amounted to SEK 196 million (113)
  • Earnings per share SEK 2.05 (1.23)

 

 

“Nivika is growing and our key ratios continue to strengthen. Our tenants demonstrate resilience in managing economic fluctuations, and we have an attractive portfolio with a high occupancy rate. The Gnosjö region, the epicentre of Swedish light industry, shows endurance, and it is therefore not surprising that more companies want to establish themselves in the region. This, combined with our continued ability to find high-yielding business opportunities, makes me look to the future with confidence. Nivika has all the prerequisites to continue its profitable growth and thereby create value for our shareholders.”

 

Sverker Källgården, CEO

 

Key Figures 2025           9 months Jan-Sep 2025           9 months Jan-Sep 2024/25           R-12         Jan-Sep 2023/24          16 months Sep-Dec
MSEK
Rental Income 577 520 765 923
Net operating income 425 373 555 655
Profit from property management 191 167 249 266
Comprehensive income 196 113 277 200
Property value 12 719 11 490 12 719 11,788
Economic occupancy rate residential, % 99 99 99 96
Economic occupancy rate commercial, % 94 94 94 95
Net loan-to-value ratio, % 49.8 49.8 49.8 46.9
Interest coverage ratio, times 2.0 2.0 2.0 2.0x
Long-term net asset value per share, SEK 67.2 64.6 67.2 65.2
Earning per share, SEK* 2.0 1.3 2.9 2.1

 

This information is information that Nivika Fastigheter AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 07:00 CET on 6 November 2025.

 

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Datum 2025-11-06, kl 07:00
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