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Nordic Iron Ore AB (NIO) AI Stock Analysis
Nordic Iron Ore AB
(Nasdaq OMX AB:NIO)
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and continued cash burn) and bearish technical signals (price below key moving averages with negative MACD). A low-leverage balance sheet is the main stabilizer, but negative profitability and cash flow keep the overall risk profile elevated; valuation is also constrained by losses and the absence of a provided dividend yield.
Nordic Iron Ore AB (NIO) vs. iShares MSCI Sweden ETF (EWD)
- Market Cap
- SEK 199.67M
- Dividend Yield
- ―
- Average Volume (3M)
- 41.10K
- Price to Earnings (P/E)
- -11.9
- Beta (1Y)
- 0.43
- Revenue Growth
- ―
- EPS Growth
- 16.50%
- Country
- Sweden
- Employees
- 9
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Nordic Iron Ore AB Business Overview & Revenue Model
Company Description
Nordic Iron Ore AB (publ) primarily focuses on the exploration, development, and extraction of iron ore within Sweden's Västerbergslagen region. Its product portfolio includes various iron ore forms such as fines, sinter, pellets, and lump ore. Beyon...
Nordic Iron Ore AB Financial Statement Overview
Summary
Overall financial profile is weak: the income statement shows no revenue and persistent losses with negative gross profit across periods. Cash flow is also a major drag with consistently negative operating cash flow and negative free cash flow (including a large 2025 outflow), indicating ongoing funding dependence. The main offset is a relatively strong balance sheet with very low leverage and a sizable equity base, which reduces near-term solvency risk.
Income Statement
12Very NegativeBalance Sheet
64PositiveCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -736.00K | -516.00K | -196.00K | -176.00K | -760.00K | -423.00K |
| EBITDA | -16.55M | -20.47M | -8.92M | -10.90M | -8.63M | -7.82M |
| Net Income | -16.81M | -19.48M | -15.20M | -12.93M | -10.47M | -8.84M |
Balance Sheet | ||||||
| Total Assets | 256.99M | 274.06M | 281.90M | 170.51M | 169.95M | 165.77M |
| Cash, Cash Equivalents and Short-Term Investments | 13.78M | 41.90M | 111.70M | 866.00K | 2.72M | 2.81M |
| Total Debt | 1.56M | 2.09M | 1.84M | 31.91M | 21.74M | 7.56M |
| Total Liabilities | 12.11M | 19.89M | 8.25M | 38.38M | 24.88M | 10.23M |
| Stockholders Equity | 244.88M | 254.17M | 273.64M | 132.13M | 145.07M | 155.54M |
Cash Flow | ||||||
| Free Cash Flow | -26.22M | -69.80M | -12.06M | -8.34M | -13.34M | -12.63M |
| Operating Cash Flow | -18.02M | -10.84M | -11.81M | -8.29M | -8.38M | -9.11M |
| Investing Cash Flow | -45.97M | -58.97M | -3.65M | -2.06M | -4.96M | -3.53M |
| Financing Cash Flow | 0 | 0 | 126.30M | 8.50M | 13.25M | 10.25M |
Nordic Iron Ore AB Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NIO, the sentiment is Negative. The current price of 2.94 is below the 20-day moving average (MA) of 3.48, below the 50-day MA of 3.78, and below the 200-day MA of 4.20, indicating a bearish trend. The MACD of -0.22 indicates Positive momentum. The RSI at 37.48 is Neutral, neither overbought nor oversold. The STOCH value of 18.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NIO.
Nordic Iron Ore AB Peers Comparison
Overall Rating
SE:ARCT50Neutral
SE:BEGR46Neutral- SE:NIO42Neutral
SE:VISC38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| SE:ARCT | 50Neutral | SEK 303.01M | -14.78 | -15.51% | ― | ― | -10.30% |
| SE:BEGR | 46Neutral | SEK 484.92M | -26.77 | -1.83% | ― | -1.61% | 97.59% |
| SE:NIO | 42Neutral | SEK 199.67M | -11.88 | -6.67% | ― | ― | 16.50% |
| SE:VISC | 38Underperform | SEK 6.46B | -21.00 | -4.86% | ― | ― | -48.34% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SE:NIO | Nordic Iron Ore AB | 2.94 | -2.56 | -46.55% | |
| SE:BEGR | BE Group AB | 24.90 | -1.55 | -5.86% | |
| SE:VISC | Copperstone Resources AB Class B | 16.80 | 0.77 | 4.77% | |
| SE:ARCT | Arctic Minerals AB | 6.06 | 1.08 | 21.69% |
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: Oct 30, 2026