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Lyckegard Group AB (SE:LYGRD)
:LYGRD
Sweden Market
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Lyckegard Group AB (LYGRD) AI Stock Analysis

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SE:LYGRD

Lyckegard Group AB

(LYGRD)

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Neutral 59 (OpenAI - 5.2)
Rating:59Neutral
Price Target:
kr3.50
▲(26.35% Upside)
Action:Reiterated
Date:07/03/26
The score is held back primarily by fundamentals—especially weak cash flow conversion and a history of volatile profitability—despite a clear earnings rebound and improved leverage. Technicals are supportive with a strong trend above key moving averages and positive momentum indicators. Valuation is a moderate headwind given the high P/E and lack of dividend yield data.
Positive Factors
Profitability rebound
Sustained return to profitability (TTM net income 6.7m) provides a durable earnings base to support reinvestment, debt reduction and shareholder returns. A positive operating profit improves resilience to cyclical headwinds and underpins medium-term strategic execution.
Negative Factors
Weak cash generation
Very low operating cash flow and a sharp ~84% fall in free cash flow reduce internal funding for capex, working capital and product development. Persistent weak cash conversion raises reliance on external financing and limits durable strategic flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability rebound
Sustained return to profitability (TTM net income 6.7m) provides a durable earnings base to support reinvestment, debt reduction and shareholder returns. A positive operating profit improves resilience to cyclical headwinds and underpins medium-term strategic execution.
Read all positive factors

Lyckegard Group AB (LYGRD) vs. iShares MSCI Sweden ETF (EWD)

Lyckegard Group AB Business Overview & Revenue Model

Company Description
Lyckegård Group AB (publ), a company based in Staffanstorp, Sweden, focuses on creating, promoting, and distributing mechanical tools specifically designed for sustainable agriculture. Their market reach spans Sweden, Norway, and Finland. The comp...
How the Company Makes Money
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Lyckegard Group AB Financial Statement Overview

Summary
Profitability has improved materially (TTM net income 6.7m; positive operating profit) and leverage is currently manageable (TTM debt-to-equity ~0.40). However, cash generation is the main weakness (TTM operating cash flow 1.1m and free cash flow down ~84% vs prior period), and the recent multi-year history of large losses and margin volatility keeps fundamental risk elevated.
Income Statement
58
Neutral
Balance Sheet
66
Positive
Cash Flow
38
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue217.91M205.38M184.52M165.19M54.30M39.11M
Gross Profit27.45M2.78M69.22M71.34M-20.60M-11.49M
EBITDA19.14M16.11M-40.25M-23.58M-12.80M-5.47M
Net Income6.65M4.94M-60.78M-44.50M-22.29M-11.28M
Balance Sheet
Total Assets136.03M105.15M107.02M164.27M98.97M59.38M
Cash, Cash Equivalents and Short-Term Investments2.45M8.23M299.00K2.92M3.64M303.09K
Total Debt14.59M13.39M26.84M38.25M25.44M13.41M
Total Liabilities100.01M67.36M89.16M107.41M45.14M36.39M
Stockholders Equity36.02M37.79M17.86M56.86M53.83M22.99M
Cash Flow
Free Cash Flow1.12M6.69M-2.58M-3.93M-14.73M-5.11M
Operating Cash Flow1.12M7.00M878.00K3.35M-9.92M-2.39M
Investing Cash Flow-2.51M-626.00K-5.50M-33.98M-28.31M-17.34M
Financing Cash Flow361.00K1.56M1.99M29.91M41.57M20.01M

Lyckegard Group 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
59
Neutral
kr199.42M26.8817.36%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
kr85.02M-0.61-43.50%96.29%
48
Neutral
kr161.20M-7.438.09%-16.59%-34.27%
46
Neutral
kr114.27M-17.4015.57%88.38%
45
Neutral
kr165.77M-1.30-19.34%-1.24%
44
Neutral
kr119.70M-7.398.60%-70.68%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:LYGRD
Lyckegard Group AB
2.96
1.11
60.00%
SE:TSEC
Tempest Security AB
10.80
-3.85
-26.28%
SE:NEPA
Nepa AB
20.80
1.40
7.22%
SE:RAKE
Raketech Group Holding Plc
1.88
-1.00
-34.78%
SE:STWK
Stockwik Forvaltning AB
17.30
-4.30
-19.91%
SE:BUSER
Bambuser AB
20.80
1.99
10.58%
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: Jul 03, 2026