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Norditek Group AB (NOTEK) AI Stock Analysis
Norditek Group AB
(Nasdaq OMX AB:NOTEK)
The score is held down primarily by deteriorating financial performance (loss-making latest year and highly volatile, often negative cash flow) and a bearish technical setup (price below key moving averages with negative MACD). Valuation is not supportive because the negative P/E reflects losses and there is no dividend yield data.
Norditek Group AB (NOTEK) vs. iShares MSCI Sweden ETF (EWD)
- Market Cap
- SEK 82.94M
- Dividend Yield
- ―
- Average Volume (3M)
- 5,314
- Price to Earnings (P/E)
- -75.3
- Beta (1Y)
- 0.53
- Revenue Growth
- -7.36%
- EPS Growth
- -109.71%
- Country
- Sweden
- Employees
- 14
- Sector
- General
- Sector Strength
- 55
- Industry
- Waste Management
Norditek Group AB Business Overview & Revenue Model
Company Description
Norditek Group AB (publ), established in 1998 and headquartered in Gothenburg, Sweden, specializes in providing equipment for material recycling and conversion across Sweden. The company develops, sells, and offers rental or leasing options for crush...
Norditek Group AB Financial Statement Overview
Summary
Financial results are pressured: the latest year saw a sharp profitability deterioration (revenue down ~14% and a swing to net loss) and cash generation has been weak and volatile with negative operating cash flow in multiple years and deeply negative free cash flow in 2026. The balance sheet is only moderately levered, but debt rose materially in 2026 while profitability weakened, increasing near-term risk.
Income Statement
34NegativeBalance Sheet
58NeutralCash Flow
22Negative| Breakdown | TTM | Aug 2026 | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 99.64M | 99.64M | 107.55M | 78.30M | 91.64M | 71.66M |
| Gross Profit | 249.00K | 250.00K | 17.05M | 35.19M | 39.23M | 31.39M |
| EBITDA | 6.91M | 6.30M | 22.07M | 10.13M | 14.31M | 14.32M |
| Net Income | -1.22M | -1.57M | 11.44M | 696.00K | 4.80M | 6.71M |
Balance Sheet | ||||||
| Total Assets | 184.44M | 184.44M | 178.75M | 143.34M | 141.40M | 140.09M |
| Cash, Cash Equivalents and Short-Term Investments | 14.53M | 14.53M | 20.61M | 11.09M | 369.00K | 16.35M |
| Total Debt | 65.66M | 65.66M | 42.19M | 38.23M | 46.44M | 36.73M |
| Total Liabilities | 87.59M | 87.59M | 80.83M | 71.40M | 70.21M | 74.24M |
| Stockholders Equity | 96.85M | 96.85M | 97.92M | 71.94M | 71.19M | 65.86M |
Cash Flow | ||||||
| Free Cash Flow | -24.49M | -24.49M | -5.74M | 21.93M | -13.29M | -13.71M |
| Operating Cash Flow | -946.00K | -946.00K | 7.86M | 22.57M | -12.78M | -12.96M |
| Investing Cash Flow | -23.54M | -23.54M | -18.03M | -647.00K | -508.00K | 3.71M |
| Financing Cash Flow | 18.48M | 18.48M | 19.96M | -11.03M | -2.44M | 21.76M |
Norditek Group AB Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NOTEK, the sentiment is Negative. The current price of 6.04 is below the 20-day moving average (MA) of 7.33, below the 50-day MA of 9.09, and below the 200-day MA of 11.63, indicating a bearish trend. The MACD of -0.93 indicates Positive momentum. The RSI at 30.74 is Neutral, neither overbought nor oversold. The STOCH value of 29.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NOTEK.
Norditek Group AB Peers Comparison
Overall Rating
SE:WAYS58Neutral
SE:CDMIL54Neutral
SE:DIST48Neutral- SE:NOTEK42.4Neutral
SE:NETEL41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SE:WAYS | 58Neutral | SEK 347.26M | 198.00 | ― | ― | 16.73% | 202.62% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| SE:CDMIL | 54Neutral | SEK 190.70M | 71.68 | ― | ― | -21.20% | -39.49% |
| SE:DIST | 48Neutral | SEK 144.56M | -0.28 | ― | ― | -20.74% | 99.08% |
| SE:NOTEK | 42Neutral | SEK 83.12M | -75.31 | ― | ― | -7.36% | -109.71% |
| SE:NETEL | 41Neutral | SEK 153.54M | -1.25 | ― | ― | -9.70% | 4.65% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SE:NOTEK | Norditek Group AB | 6.04 | -7.51 | -55.42% | |
| SE:SE0009994445 | Seamless Distribution Systems AB | 6.85 | 1.05 | 18.10% | |
| SE:DIST | DistIT AB | 0.15 | -0.01 | -4.94% | |
| SE:WAYS | Waystream Group AB | 39.60 | 5.60 | 16.47% | |
| SE:NETEL | Netel Holding AB | 3.17 | -1.75 | -35.67% | |
| SE:CDMIL | Codemill AB | 14.00 | -2.90 | -17.16% |
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 17, 2026