58 Stockholm Stock Exchange companies in Altman's distress band
An Altman Z-Score below 1.8, which is the band Altman called distress, computed from filed statements.
Stocks · Non-US shares · Stockholm Stock Exchange (STO) · Ranked by Altman Z-Score in ratio, largest company first · Rebuilt 2026-11-07 at 09:25 UTC
How this list is built
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against total assets, from the newest filed statements. Where the filer raised going concern itself, that sentence is shown with its filing. The score classifies and does not rank: Altman published two cut-offs and no ordering below the lower one, so the list is ordered by size, largest company first. The screen: companies listed on Stockholm Stock Exchange, graded A or B for the quality of what they report; a median daily traded value of at least 250,000 US dollars over 90 sessions, stated in each listing's own currency, so a company nobody can trade is never on the list; and no positive price to earnings under 1, which no real company earns, and no close sitting the whole of its own 52-week high below that high, which no listing that still trades can do. 232 companies passed tonight. Each market is ranked on its own and never added to another. Figures as recomputed on 2026-11-07.
The list
50 of 58 companies| # | Company | Market | Sector | Altman Z-Score, in ratioAltman Z | Current ratio, in ratioCurrent ratio | Tangible equity ratio, in ratioTangible equity ratio | Operating margin, in percentOperating margin | Altman Z-Score over timeAltman Z over time | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | STO:TELIATelia Company AB (publ) | STO | Communication Services | 1.60 | 0.92 | -0.04 | 13.3% | n/a | Source n/a |
| 2 | STO:VSUREVerisure plc | STO | Industrials | 0.90 | 0.70 | -1.42 | 8.0% | n/a | Source n/a |
| 3 | STO:SAGA-BAB Sagax (publ) | STO | Real Estate | 1.76 | 0.27 | 0.48 | 78.8% | n/a | Source n/a |
| 4 | STO:STE-RStora Enso Oyj | STO | Consumer Cyclical | 1.78 | 1.21 | 0.56 | 10.1% | n/a | Source n/a |
| 5 | STO:BALD-BFastighets AB Balder (publ) | STO | Real Estate | 0.80 | 0.93 | 0.34 | 66.7% | n/a | Source n/a |
| 6 | STO:CASTCastellum AB (publ) | STO | Real Estate | 0.84 | 0.13 | 0.42 | 64.5% | n/a | Source n/a |
| 7 | STO:SINCHSinch AB (publ) | STO | Communication Services | 1.58 | 0.78 | -0.99 | 4.4% | n/a | Source n/a |
| 8 | STO:VOLCAR-BVolvo Car AB (publ.) | STO | Consumer Cyclical | 1.46 | 1.04 | 0.22 | 0.1% | n/a | Source n/a |
| 9 | STO:INTEA-BIntea Fastigheter AB Class B | STO | Real Estate | 1.35 | 0.09 | 0.43 | 79.9% | n/a | Source n/a |
| 10 | STO:PNDX-BPandox AB (publ) | STO | Real Estate | 0.71 | 0.88 | 0.30 | 53.4% | n/a | Source n/a |
| 11 | STO:WALL-BWallenstam AB (publ) | STO | Real Estate | 0.61 | 0.02 | 0.43 | 59.4% | n/a | Source n/a |
| 12 | STO:HUFV-AHufvudstaden AB (publ) | STO | Real Estate | 1.46 | 0.23 | 0.56 | 47.9% | n/a | Source n/a |
| 13 | STO:EKTA-BElekta AB (publ) | STO | Healthcare | 1.56 | 0.87 | -0.22 | 2.6% | n/a | Source n/a |
| 14 | STO:CATECatena AB (publ) | STO | Real Estate | 1.12 | 0.35 | 0.51 | 80.9% | n/a | Source n/a |
| 15 | STO:SHOTScandic Hotels Group AB (publ) | STO | Consumer Cyclical | 0.44 | 0.32 | -0.09 | 3.6% | n/a | Source n/a |
| 16 | STO:WIHLWihlborgs Fastigheter AB (publ) | STO | Real Estate | 0.99 | 0.46 | 0.37 | 69.3% | n/a | Source n/a |
| 17 | STO:FABGFabege AB (publ) | STO | Real Estate | 0.80 | 0.18 | 0.45 | 65.6% | n/a | Source n/a |
| 18 | STO:EMBRAC-BEmbracer Group AB | STO | Technology | -0.67 | 1.66 | 0.40 | -45.2% | n/a | Source n/a |
| 19 | STO:ATTAttendo AB (publ) | STO | Healthcare | 1.59 | 0.76 | -0.20 | 9.2% | n/a | Source n/a |
| 20 | STO:ALTRAAltra Fastigheter AB (publ) | STO | Real Estate | 0.89 | 0.07 | 0.42 | 64.6% | n/a | Source n/a |
| 21 | STO:SBB-DSamhällsbyggnadsbolaget i Norden AB (publ) | STO | Real Estate | -0.01 | 1.57 | 0.17 | 34.2% | n/a | Source n/a |
| 22 | STO:VITRVitrolife AB (publ) | STO | Healthcare | 1.21 | 3.40 | -0.14 | -140.6% | n/a | Source n/a |
| 23 | STO:AMBEAAmbea AB (publ) | STO | Healthcare | 1.39 | 0.41 | -0.31 | 7.5% | n/a | Source n/a |
| 24 | STO:SAGA-DAB Sagax (publ) | STO | Real Estate | 0.82 | 0.27 | 0.48 | 78.8% | n/a | Source n/a |
| 25 | STO:NP3NP3 Fastigheter AB (publ) | STO | Real Estate | 1.03 | 0.33 | 0.39 | 71.9% | n/a | Source n/a |
| 26 | STO:ATRLJ-BAtrium Ljungberg AB (publ) | STO | Real Estate | 0.84 | 0.36 | 0.44 | 60.1% | n/a | Source n/a |
| 27 | STO:MTG-BModern Times Group MTG AB (publ) | STO | Technology | 1.78 | 0.59 | -1.52 | 8.3% | n/a | Source n/a |
| 28 | STO:FPAR-AFastPartner AB (publ) | STO | Real Estate | 0.86 | 0.13 | 0.41 | 66.1% | n/a | Source n/a |
| 29 | STO:ELUX-BAB Electrolux (publ) | STO | Consumer Cyclical | 1.34 | 0.96 | -0.01 | 1.8% | n/a | Source n/a |
| 30 | STO:DIOSDiös Fastigheter AB (publ) | STO | Real Estate | 0.69 | 0.18 | 0.36 | 65.3% | n/a | Source n/a |
| 31 | STO:ANOD-BAddnode Group AB (publ) | STO | Technology | 1.71 | 0.94 | -0.77 | 10.5% | n/a | Source n/a |
| 32 | STO:JMJM AB (publ) | STO | Consumer Cyclical | 1.73 | 1.76 | 0.33 | 3.2% | n/a | Source n/a |
| 33 | STO:CIBUSCibus Nordic Real Estate AB (publ) | STO | Real Estate | 0.48 | 0.35 | 0.36 | 73.3% | n/a | Source n/a |
| 34 | STO:DOMDometic Group AB (publ) | STO | Consumer Cyclical | 0.98 | 1.40 | -0.44 | 8.2% | n/a | Source n/a |
| 35 | STO:LOGI-BLogistea AB (publ) | STO | Real Estate | 0.79 | 0.75 | 0.41 | 80.9% | n/a | Source n/a |
| 36 | STO:SVEAFSveafastigheter AB | STO | Real Estate | 0.29 | 0.50 | 0.49 | 50.1% | n/a | Source n/a |
| 37 | STO:VPLAY-BViaplay Group AB (publ) | STO | Communication Services | 0.83 | 1.31 | -0.25 | -0.2% | n/a | Source n/a |
| 38 | STO:SBB-BSamhällsbyggnadsbolaget i Norden AB (publ) | STO | Real Estate | -0.13 | 1.57 | 0.17 | 34.2% | n/a | Source n/a |
| 39 | STO:COORCoor Service Management Holding AB | STO | Industrials | 1.23 | 0.74 | -1.02 | 3.6% | n/a | Source n/a |
| 40 | STO:BETCOBetter Collective A/S | STO | Technology | 1.35 | 1.61 | -2.63 | 18.2% | n/a | Source n/a |
| 41 | STO:EASTEastnine AB (publ) | STO | Real Estate | 0.96 | 4.17 | 0.45 | 91.3% | n/a | Source n/a |
| 42 | STO:MEKOMeko AB (publ) | STO | Consumer Cyclical | 1.77 | 1.55 | 0.04 | 2.7% | n/a | Source n/a |
| 43 | STO:HEBA-BHeba Fastighets AB (publ) | STO | Real Estate | 0.88 | 0.04 | 0.44 | 65.6% | n/a | Source n/a |
| 44 | STO:HUMHumana AB (publ) | STO | Healthcare | 1.77 | 0.67 | -0.29 | 4.5% | n/a | Source n/a |
| 45 | STO:HNSAHansa Biopharma AB (publ) | STO | Healthcare | -4.92 | 1.94 | -0.34 | -234.3% | n/a | Source n/a |
| 46 | STO:SECARESwedencare AB (publ) | STO | Healthcare | 1.11 | 2.64 | -0.52 | 5.3% | n/a | Source n/a |
| 47 | STO:SFStillfront Group AB (publ) | STO | Technology | -0.05 | 0.95 | -3.64 | 11.3% | n/a | Source n/a |
| 48 | STO:CORE-BCorem Property Group AB (publ) | STO | Real Estate | -0.20 | 0.16 | 0.30 | 60.3% | n/a | Source n/a |
| 49 | STO:ORRONOrrön Energy AB (publ) | STO | Utilities | 1.29 | 3.32 | 0.75 | -68.1% | n/a | Source n/a |
| 50 | STO:FAGFagerhult Group AB | STO | Industrials | 1.54 | 2.41 | 0.03 | 6.7% | n/a | Source n/a |
This is the top of the list. The rest is a page away and no plan is needed for it.
Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.
Past figures are not a forecast. Anything we modelled is labelled as ours. You can lose money on any security.