You are here

The share, number of shares, shareholders and dividends

The Balder share, Balder B, is listed on Nasdaq Stockholm since 2005. The share capital in Balder amounts to SEK 180,000,000 distributed among 180,000,000 shares. The main shareholder in Fastighets AB Balder is Erik Selin Fastigheter AB.

The Balder share is listed on Nasdaq Stockholm, Large Cap. The share capital in Balder amounts to SEK 180,000,000 distributed among 180,000,000 shares. Each share has a quota value of SEK 1.00, whereof 11,229,432 of Class A and 168,770,568 of Class B. The total number of outstanding shares amounts to 180,000,000. Each Class A share carries one vote and each Class B share carries one tenth of one vote.

The main shareholder in Fastighets AB Balder is Erik Selin Fastigheter AB which owns 36.4 % of the capital and 49.9 % of the votes. Other larger owners are Arvid Svensson Invest AB and Swedbank Robur fonder. The number of shareholders amounts to approximately 24 000.

Why invest in Balder?

  • Stable growth
    Since the stock exchange launch in 2005 we have created value through acquisitions, investment and development of properties. The share price reported positive development during 2019 and the net asset value increased by 23%.
  • Long-term, engaged principal owner
    Our principal owners are engaged and have a long-term perspective on current ownership and new acquisitions. At Balder, the aim is to maintain a high level of activity and strive towards an efficient property management resulting in satisfied customers.
  • Low financial risk
    Balder has a strong balance sheet, and an investment in the company implies low financial risk.
  • Measured acquisitions
    Balder’s focus is on capital cities and major cities with growth potential.
  • Customer-focused in-house management
    By handling property management, letting and operations we always work close to our customers.
  • Well-diversified portfolio
    Our portfolio consists of rental apartments and tenant owner apartments, as well as commercial properties and hotels in several places in northern Europe.
  • Major potential in project portfolio
    With an efficient property management close to the customers and a strong sense of entrepreneurship we are innovative in developing our business.
  • Analysts following Balder

  • David Flemmich, Handelsbanken
  • Erik Granström, Carnegie
  • Fredrik Cyon, Carnegie
  • Tobias Kaj, ABG Sundal Collier
  • Jan Ihrfelt, Kepler Cheuvreux
  • Albin Sandberg, Kepler Cheuvreux
  • Philip Hallberg, Danske Bank
  • Niclas Höglund, Nordea
  • Stefan Andersson, SEB
  • Markus Henriksson, Pareto
  • Simen Mortensen, DNB

The dividend

Balder’s goal is to generate the best long-term total yield for its shareholders. The assessment is that this is best achieved by reinvesting the profits in the business in order to create further growth.

The dividend will therefore remain low or will not be declared at all in the next few years. Balder will instead continue to grow by investing in existing properties, new construction and the acquisition of new properties.

Share-related key figures

Multi-year summary 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Rental income, SEKm

7,609 6,714 5,915

5,373

2,711

2,525

1,884

1,701

1,466

1,333

854

633

678

Profit from property management, SEKm

4,023 3,304 2,804 2,265 1,780 1,275 854 691 516 417 315 174 179
Changes in value of investment properties, SEKm 9,577 8,007 5,336 4,932 3,388 3,050 854 812 990

1,047

4 -201 642
Changes in value of interest rate derivatives, SEKm -180 -34 144 -114 227 -624 433 -71 -520 148 -23 -333 7
Net profit for the year, SEKm 8,958 9,308 7,118 5,474 4,916 3,128 1,738 1,162 812 1,338 248 -388 785
Investment properties, SEKm 141,392 116,542  98,360 86,177 68,456 37,382 27,532 22,278 17,556 14,389 12,669 7,086 6,758
Development properties, SEKm 2,344 1,598 - - - - - - - - - - -