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CombiGene AB (SE:LARK)
:LARK
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CombiGene AB (LARK) AI Stock Analysis

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SE:LARK

CombiGene AB

(LARK)

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Neutral 50 (OpenAI - Gpt-5.6Sol)
Rating:50Neutral
Price Target:
kr2.00
▼(-9.09% Downside)
Action:Reiterated
Date:09/06/26
Overall score is held back primarily by weak financial performance quality: negative operating profitability and continued cash burn outweigh the benefit of a debt-free, well-capitalized balance sheet. Technicals are neutral-to-slightly weak with the stock below key moving averages. Valuation is mixed, with a high P/E limiting attractiveness despite an unusually high dividend yield.
Positive Factors
Debt-Free Balance Sheet
A debt-free structure and substantial equity base reduce financial risk and provide resilience while the company advances its programs. This capital position can preserve strategic flexibility and limit financing pressure during continued research and development investment.
Negative Factors
Persistent Cash Burn
Persistent negative operating and free cash flow means the business is not yet self-funding its activities. Continued cash consumption can require additional capital or transactions to sustain development, reducing flexibility even though the balance sheet currently carries no debt.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free structure and substantial equity base reduce financial risk and provide resilience while the company advances its programs. This capital position can preserve strategic flexibility and limit financing pressure during continued research and development investment.
Read all positive factors

CombiGene AB (LARK) vs. iShares MSCI Sweden ETF (EWD)

CombiGene AB Business Overview & Revenue Model

Company Description
Lärkberget AB (publ) functions as an investment firm, engaging in a variety of financial endeavors. Its operations encompass direct capital deployment into low-risk instruments, broader financial investments, acquiring stakes in privately held yet...

CombiGene AB Financial Statement Overview

Summary
Balance sheet strength (zero debt and substantial equity) supports resilience, but operating fundamentals remain weak. Despite TTM net income turning positive and revenue rebounding, gross and operating profit are still negative and cash flow remains meaningfully negative, indicating the turnaround is not yet self-funding or sustainably profitable.
Income Statement
28
Negative
Balance Sheet
74
Positive
Cash Flow
24
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue642.00K0.00326.00K5.54M26.70M84.04M
Gross Profit-2.14M-8.16M-46.78M-21.29M-19.20M15.16M
EBITDA2.72M-7.19M-34.22M-35.98M-5.86M23.56M
Net Income1.20M-12.36M-44.88M-35.66M-6.16M20.96M
Balance Sheet
Total Assets57.56M56.73M75.88M120.61M158.22M166.22M
Cash, Cash Equivalents and Short-Term Investments6.17M5.84M73.75M101.44M131.78M136.74M
Total Debt0.000.000.000.000.000.00
Total Liabilities846.00K1.24M4.30M4.16M6.10M7.94M
Stockholders Equity56.71M55.49M71.58M116.46M152.12M158.28M
Cash Flow
Free Cash Flow-2.57M-12.78M-29.95M-30.67M-16.67M21.97M
Operating Cash Flow-2.57M-12.78M-29.95M-30.56M-16.67M22.11M
Investing Cash Flow-49.97M-49.78M-81.00K-988.90K0.00-147.73K
Financing Cash Flow0.00-3.96M0.000.000.0065.88M

CombiGene AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.20
Price Trends
50DMA
2.24
Negative
100DMA
2.24
Negative
200DMA
2.25
Negative
Market Momentum
MACD
<0.01
Negative
RSI
47.59
Neutral
STOCH
51.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LARK, the sentiment is Negative. The current price of 2.2 is below the 20-day moving average (MA) of 2.23, below the 50-day MA of 2.24, and below the 200-day MA of 2.25, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.59 is Neutral, neither overbought nor oversold. The STOCH value of 51.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:LARK.

CombiGene AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
kr373.32B33.011.46%-18.18%20.49%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
53
Neutral
kr393.67M-8.8756.54%-57.62%19.14%
50
Neutral
kr43.76M36.472.14%90.50%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:LARK
CombiGene AB
2.21
-0.28
-11.24%
SE:ATIN
Athanase Innovation AB
20.40
2.40
13.33%
SE:EQT
EQT AB
319.30
-7.14
-2.19%
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 06, 2026