THE SHARE

The Balder share, Balder B, is listed on Nasdaq since 2005 and the share capital amounts to SEK 198,333,333 distributed among 1,190,000,000 shares. The principal owner is Erik Selin Fastigheter AB.

The Balder share is listed on Nasdaq Stockholm, Large Cap. The share capital in Balder amounts to SEK 198,333,333 distributed among 1,190,000,000 shares. Each share has a quota value of SEK 0.16667, of which 67,376,592 shares are of Class A and 1,122,623,408 are of Class B. Each Class A share carries one vote, and each Class B share carries one tenth of one vote. 

The principal owner in Fastighets AB Balder is Erik Selin Fastigheter AB, which holds 33.0% of the capital and 46.9% of the votes. Other major owners are Arvid Svensson Invest AB, Swedbank Robur Fonder and AMF Fonder & Pension. The number of shareholders is currently approximately 30,300.

The share’s performance over time

Tables dated 31 December 2024. 

Börskurs Substansvärde Eng Q4 2024


The dividend 


Balder’s goal is to generate the best long-term total yield for its shareholders. The assessment is still that this is best achieved by reinvesting the profits in the business in order to create further growth. For this reason, the dividend will remain low or will not be declared at all.

Analysts following Balder

  • Staffan Bülow, Nordea
  • Erik Granström, Carnegie
  • Fredric Cyon, Carnegie
  • Markus Henriksson, ABG Sundal Collier
  • Jan Ihrfelt, Kepler Cheuvreux
  • Albin Sandberg, Kepler Cheuvreux
  • Johan Edberg, Handelsbanken
  • Stefan Andersson, Danske Bank
  • Lars Norrby, SEB
  • Emil Ekholm, Pareto
  • Viktor Hökenhammar, Pareto
  • Niklas Wetterling, DNB

Ownership list

OwnersClass A sharesClass B sharesTotal number of sharesCapital, %Votes, %
Erik Selin via company49,855,96849,855,968393,121,36833.046.9
Arvid Svensson Invest AB17,495,35217,495,35291,295,1717.713.8
Swedbank Robur Fonder-76,039,83976,039,8396.54.2
AMF Fonder & Pension-64,848,02464,848,0245.43.6
Länsförsäkringar Fondförvaltning-37,874,27037,874,2703.22.1
Handelsbanken Fonder- 23,899,32023,899,3202.01.3
SEB Investment Management-21,417,08121,417,0811.81.2
Lannebo Kapitalförvaltning-17,733,63617,733,6361.51.0
Folksam-17,128,87517,128,8751.41.0
Cliens Kapitalförvaltning-12,082,78912,082,7891.00.7
Övriga25,272434,534,355434,559,62736.524.2
Totalt67,376,5921,122,623,4081,190,000,000100100

Data per 2024-12-31.

Source: Euroclear.



Share-related key figures

Multi-year summary202420232022202120202019201820172016201520142013201220112010200920082007 
Rental income, SEKm12,87611,94410,5218,9568,1347,6096,7145,9155,3732,7112,5251,8841,7011,4661,333854633678 
Profit from property management, SEKm6,0116,1356,1395,5434,2444,0233,3042,8042,2651,7801,275854691516417315174179 
Changes in value of investment properties, SEKm-760-9,9955,53013,1113,4539,5778,0075,3364,9323,3883,0508548129901,0474-201642 
Changes in value of derivatives, SEKm-21-1,8991,617511-141-180-34144-114227-624433-71-520148-23-3337 
Profit after tax, SEKm3,304-6,74610,17518,5086,6418,9589,3087,1185,4744,9163,1281,7381,1628121,338248-388785 
Investment properties, SEKm221,261209,000213,932189,138149,179141,392116,54298,36086,17768,45637,38227,53222,27817,55614,38912,6607,0866,758 
Development properties, SEKm1,9552,7503,4212,6972,8032,3441,598----------- 


Data per 2024-12-31.

Source: Balder's year-end report 2024.