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Job Solution Sweden Holding AB (SE:CALVIK)
:CALVIK
Sweden Market
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Job Solution Sweden Holding AB (CALVIK) AI Stock Analysis

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SE:CALVIK

Job Solution Sweden Holding AB

(CALVIK)

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Neutral 51 (OpenAI - Gpt-5.6Sol)
Rating:51Neutral
Price Target:
kr66.00
▲(92.42% Upside)
Action:Reiterated
Date:09/22/26
The score is primarily driven by strong recent growth and positive free cash flow, but it is held back by sharply higher leverage and very thin margins that increase operating and balance-sheet risk. Technical momentum is currently weak (negative MACD and below the 50-day average), while valuation appears only moderate based on the provided P/E and no dividend yield data.
Positive Factors
Strong revenue growth
TTM revenue growth of 43.5% indicates strong recent expansion in the company’s staffing and employment-services activities. If sustained, this scale can broaden customer reach, support operating leverage, and create a stronger base for future earnings growth.
Negative Factors
High leverage
Debt-to-equity of approximately 4.12 represents a substantial deterioration in balance-sheet strength and leaves equity relatively small against the asset base. Elevated leverage reduces financial flexibility, increases downside sensitivity, and makes weaker staffing demand more consequential.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
TTM revenue growth of 43.5% indicates strong recent expansion in the company’s staffing and employment-services activities. If sustained, this scale can broaden customer reach, support operating leverage, and create a stronger base for future earnings growth.
Read all positive factors

Job Solution Sweden Holding AB (CALVIK) vs. iShares MSCI Sweden ETF (EWD)

Job Solution Sweden Holding AB Business Overview & Revenue Model

Company Description
Calviks AB (publ), a company established in 2015 and headquartered in Sundbyberg, Sweden, offers specialized recruitment and temporary staffing services across Sweden and the broader Nordic region. They primarily focus on filling pivotal leadershi...

Job Solution Sweden Holding AB Financial Statement Overview

Summary
Strong TTM revenue growth (+43.5%) and solid free cash flow growth (+31.5%) with good cash conversion (~0.97x of net income) support the score. Offsetting this are structurally thin profitability (net margin ~0.8%) and a materially weaker balance sheet as leverage rose sharply (debt-to-equity ~4.12), increasing downside risk in a cyclical staffing business.
Income Statement
58
Neutral
Balance Sheet
39
Negative
Cash Flow
63
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.81B1.34B406.91M73.78M42.25M25.75M
Gross Profit65.09M38.92M43.68M13.93M18.31M13.61M
EBITDA93.93M60.20M25.73M6.54M11.10M8.76M
Net Income15.04M5.45M12.56M1.51M7.10M6.07M
Balance Sheet
Total Assets1.05B710.68M232.82M98.27M48.43M16.97M
Cash, Cash Equivalents and Short-Term Investments117.33M105.19M30.05M27.87M17.64M10.66M
Total Debt369.55M199.15M40.39M32.13M4.35M4.80M
Total Liabilities956.00M620.21M161.78M61.79M20.90M4.52M
Stockholders Equity89.65M88.88M70.87M36.48M27.53M11.74M
Cash Flow
Free Cash Flow57.68M46.16M17.98M4.28M6.34M7.58M
Operating Cash Flow59.29M47.58M17.98M4.28M6.57M7.63M
Investing Cash Flow-86.67M-82.79M8.75M-8.51M-10.94M-114.00K
Financing Cash Flow53.57M109.77M-24.53M14.66M11.35M-1.00M

Job Solution Sweden Holding AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price34.30
Price Trends
50DMA
70.43
Negative
100DMA
65.67
Negative
200DMA
55.70
Positive
Market Momentum
MACD
-2.09
Negative
RSI
49.13
Neutral
STOCH
51.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CALVIK, the sentiment is Positive. The current price of 34.3 is below the 20-day moving average (MA) of 63.85, below the 50-day MA of 70.43, and below the 200-day MA of 55.70, indicating a neutral trend. The MACD of -2.09 indicates Negative momentum. The RSI at 49.13 is Neutral, neither overbought nor oversold. The STOCH value of 51.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CALVIK.

Job Solution Sweden Holding AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
kr656.81M17.65――8.98%-16.41%
62
Neutral
kr317.00M17.9313.61%3.27%-2.39%―
62
Neutral
kr552.57M13.65―3.18%-3.29%3.21%
57
Neutral
kr983.65M19.11―7.14%-11.84%-56.91%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
51
Neutral
kr355.31M26.09―5.42%137.45%77.59%
41
Neutral
kr106.43M-6.12-28.66%20.51%-19.48%37.71%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:CALVIK
Job Solution Sweden Holding AB
72.00
40.40
127.85%
SE:WISE
Wise Group AB
12.80
-1.65
-11.42%
SE:PION.B
Poolia AB Class B
6.76
0.72
11.92%
SE:DEDI
Dedicare AB
55.00
9.75
21.55%
SE:CARE
Careium AB
27.00
4.20
18.42%
SE:EWRK
Ework Group AB
56.00
-47.62
-45.96%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 22, 2026