Active owner with value-creating acquisition strategy

Seafire

Seafire is an investment company whose aim to acquire and develop unlisted companies with strong brands and leading market positions. It takes a clear role as an active owner, and both operational and financial resources are added to accelerate the potential of the portfolio companies. Today, Seafire has a total portfolio of three companies, all with market leading positions. Seafire has a goal of two to three acquisitions per year. There is no limitation regarding specific sectors, hence, there is a broad acquisition spectrum.

Financials

SEAFIRE

SEKm 2018 2019 2020
Sales 50 88 94
Sales growth (%) 102,8 75,4 6,8
EBITDA -1 6 N/A
EBITDA margin (%) -9,9 -2,3 7,1
EBIT adj -2 -2 6
EBIT adj margin (%) -6,5 -3,2 6,6
Pretax profit -3 4 5
EPS rep -0,43 0,47 0,52
EPS growth (%) 58,7 207,9 12
EPS adj -0,45 0,47 0,52
DPS 0 0 0
EV/EBITDA (x) -46,5 8,8 8,6
EV/EBIT adj (x) -33,5 9,5 9,2
P/E (x) -14,6 13,5 12,1
P/E adj (x) -14,1 13,5 12,1
EV/sales (x) 1,1 0,6 0,6
FCF yield (%) -37,4 -3 -6,8
Dividend yield (%) 0 0 0
Net IB debt/EBITDA -7,6 1,6 1,9

Main shareholders

Seafire

Main shareholders Share capital % Voting shares % Verified
Carl Johan Bennarsten 23.3 % 23.3 % 2 Jan 2019
Anders Walldov 14.0 % 14.0 % 31 Dec 2018
Nordnet Pensionsförsäkring 11.6 % 11.6 % 31 Dec 2018
Avanza Pension 8.4 % 8.4 % 31 Dec 2018
Tord Lendau 4.5 % 4.5 % 31 Dec 2018
Mats Gullbrandsson 4.4 % 4.4 % 31 Dec 2018
Hans Sköld 3.6 % 3.6 % 31 Dec 2018
Per Granath 3.6 % 3.6 % 31 Dec 2018
Lendau Capital AB 3.3 % 3.3 % 31 Dec 2018
Joachim Berner 2.3 % 2.3 % 31 Dec 2018
Source: Holdings by Modular Finance AB

Insider list

Seafire

Name
Johan Bennarsten
Johan Bennarsten
Johan Bennarsten
Bergskanten Invest AB
Bergskanten Invest AB
Sydsken AB
Hedvig Bennarsten
Lydia Bennarsten
Klara Bennarsten
Johan Bennarsten
Show More