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AAK AB
Buy, Hold or Sell?

Let's analyse Aak together

PenkeI guess you are interested in AAK AB. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of AAK AB. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Aak (30 sec.)










What can you expect buying and holding a share of Aak? (30 sec.)

How much money do you get?

How much money do you get?
kr0.78
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
kr66.03
Expected worth in 1 year
kr73.96
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
kr16.17
Return On Investment
6.4%

For what price can you sell your share?

Current Price per Share
kr254.40
Expected price per share
kr225.20 - kr
How sure are you?
50%

1. Valuation of Aak (5 min.)




Live pricePrice per Share (EOD)

kr254.40

Intrinsic Value Per Share

kr12.99 - kr112.74

Total Value Per Share

kr79.03 - kr178.78

2. Growth of Aak (5 min.)




Is Aak growing?

Current yearPrevious yearGrowGrow %
How rich?$1.6b$1.3b$250.3m15.9%

How much money is Aak making?

Current yearPrevious yearGrowGrow %
Making money$69.2m$41.5m$27.6m39.9%
Net Profit Margin6.4%3.5%--

How much money comes from the company's main activities?

3. Financial Health of Aak (5 min.)




4. Comparing to competitors in the Packaged Foods industry (5 min.)




  Industry Rankings (Packaged Foods)  


Richest
#79 / 496

Most Revenue
#86 / 496

Most Profit
#74 / 496

Most Efficient
#137 / 496

What can you expect buying and holding a share of Aak? (5 min.)

Welcome investor! Aak's management wants to use your money to grow the business. In return you get a share of Aak.

What can you expect buying and holding a share of Aak?

First you should know what it really means to hold a share of Aak. And how you can make/lose money.

Speculation

The Price per Share of Aak is kr254.40. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Aak.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Aak, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr66.03. Based on the TTM, the Book Value Change Per Share is kr1.98 per quarter. Based on the YOY, the Book Value Change Per Share is kr3.13 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr2.06 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Aak.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.310.1%0.270.1%0.160.1%0.170.1%0.130.1%
Usd Book Value Change Per Share-0.100.0%0.190.1%0.290.1%0.150.1%0.120.0%
Usd Dividend Per Share0.000.0%0.190.1%0.230.1%0.190.1%0.140.1%
Usd Total Gains Per Share-0.100.0%0.380.1%0.530.2%0.340.1%0.260.1%
Usd Price Per Share21.13-19.09-15.68-16.88-31.87-
Price to Earnings Ratio16.88-18.17-32.78-32.14-79.70-
Price-to-Total Gains Ratio-210.54--27.00-41.28--819.75-18.52-
Price to Book Ratio3.40-3.14-3.09-3.87-11.56-
Price-to-Total Gains Ratio-210.54--27.00-41.28--819.75-18.52-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share23.9136
Number of shares41
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.190.19
Usd Book Value Change Per Share0.190.15
Usd Total Gains Per Share0.380.34
Gains per Quarter (41 shares)15.5813.94
Gains per Year (41 shares)62.3255.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1323152322446
264611146348102
395921769573158
412712223812697214
5159153300158121270
6191183362189145326
7222214424221169382
8254244486253193438
9286275548284218494
10318305610316242550

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%75.00.05.093.8%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%14.06.00.070.0%32.08.00.080.0%60.020.00.075.0%
Dividend per Share3.00.01.075.0%11.00.01.091.7%18.00.02.090.0%33.00.07.082.5%46.00.034.057.5%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%16.04.00.080.0%35.05.00.087.5%66.014.00.082.5%

Fundamentals of Aak

About AAK AB

AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. It offers food ingredients for bakery, dairy, nutrition, plant-based, and foodservice industries; chocolate and confectionery fats serves the manufacturers of chocolate, spreads, and fillings products, as well as in the personal care industry; and plant based emollients distinct from synthetic, animal, and fossil based raw materials used in face, body, and sun care categories. The company also provides natural emulsifiers; fatty acids and glycerin for various applications; candle waxes; and feed products. AAK AB (publ.) was founded in 1871 and is headquartered in Malmö, Sweden.

Fundamental data was last updated by Penke on 2024-03-28 09:49:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of AAK AB.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Aak earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Aak to the Packaged Foods industry mean.
  • A Net Profit Margin of 8.0% means that kr0.08 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of AAK AB:

  • The MRQ is 8.0%. The company is making a profit. +1
  • The TTM is 6.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.0%TTM6.4%+1.6%
TTM6.4%YOY3.5%+2.9%
TTM6.4%5Y5.0%+1.5%
5Y5.0%10Y4.8%+0.1%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%3.2%+4.8%
TTM6.4%2.8%+3.6%
YOY3.5%3.0%+0.5%
5Y5.0%3.2%+1.8%
10Y4.8%3.6%+1.2%
1.1.2. Return on Assets

Shows how efficient Aak is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Aak to the Packaged Foods industry mean.
  • 2.8% Return on Assets means that Aak generated kr0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of AAK AB:

  • The MRQ is 2.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.3%+0.5%
TTM2.3%YOY1.3%+1.0%
TTM2.3%5Y1.7%+0.6%
5Y1.7%10Y1.7%0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%1.2%+1.6%
TTM2.3%1.1%+1.2%
YOY1.3%1.0%+0.3%
5Y1.7%1.2%+0.5%
10Y1.7%1.2%+0.5%
1.1.3. Return on Equity

Shows how efficient Aak is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Aak to the Packaged Foods industry mean.
  • 5.1% Return on Equity means Aak generated kr0.05 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of AAK AB:

  • The MRQ is 5.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 4.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ5.1%TTM4.4%+0.7%
TTM4.4%YOY3.1%+1.3%
TTM4.4%5Y3.7%+0.7%
5Y3.7%10Y3.8%-0.1%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%2.6%+2.5%
TTM4.4%2.2%+2.2%
YOY3.1%2.2%+0.9%
5Y3.7%2.4%+1.3%
10Y3.8%2.5%+1.3%

1.2. Operating Efficiency of AAK AB.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Aak is operating .

  • Measures how much profit Aak makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Aak to the Packaged Foods industry mean.
  • An Operating Margin of 10.8% means the company generated kr0.11  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of AAK AB:

  • The MRQ is 10.8%. The company is operating less efficient.
  • The TTM is 9.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ10.8%TTM9.1%+1.7%
TTM9.1%YOY5.0%+4.1%
TTM9.1%5Y7.0%+2.1%
5Y7.0%10Y7.0%+0.0%
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%5.3%+5.5%
TTM9.1%3.3%+5.8%
YOY5.0%4.8%+0.2%
5Y7.0%5.2%+1.8%
10Y7.0%4.9%+2.1%
1.2.2. Operating Ratio

Measures how efficient Aak is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • An Operation Ratio of 0.89 means that the operating costs are kr0.89 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of AAK AB:

  • The MRQ is 0.895. The company is less efficient in keeping operating costs low.
  • The TTM is 0.910. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.895TTM0.910-0.016
TTM0.910YOY0.950-0.040
TTM0.9105Y0.930-0.020
5Y0.93010Y0.930-0.001
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8951.524-0.629
TTM0.9101.505-0.595
YOY0.9501.460-0.510
5Y0.9301.404-0.474
10Y0.9301.226-0.296

1.3. Liquidity of AAK AB.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Aak is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaged Foods industry mean).
  • A Current Ratio of 1.95 means the company has kr1.95 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of AAK AB:

  • The MRQ is 1.952. The company is able to pay all its short-term debts. +1
  • The TTM is 1.876. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.952TTM1.876+0.076
TTM1.876YOY1.550+0.326
TTM1.8765Y1.761+0.115
5Y1.76110Y1.841-0.080
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9521.554+0.398
TTM1.8761.595+0.281
YOY1.5501.610-0.060
5Y1.7611.655+0.106
10Y1.8411.583+0.258
1.3.2. Quick Ratio

Measures if Aak is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Aak to the Packaged Foods industry mean.
  • A Quick Ratio of 1.05 means the company can pay off kr1.05 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of AAK AB:

  • The MRQ is 1.054. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.016. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.054TTM1.016+0.038
TTM1.016YOY0.738+0.278
TTM1.0165Y0.839+0.177
5Y0.83910Y0.914-0.075
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0540.565+0.489
TTM1.0160.581+0.435
YOY0.7380.644+0.094
5Y0.8390.708+0.131
10Y0.9140.717+0.197

1.4. Solvency of AAK AB.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Aak assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Aak to Packaged Foods industry mean.
  • A Debt to Asset Ratio of 0.44 means that Aak assets are financed with 43.8% credit (debt) and the remaining percentage (100% - 43.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of AAK AB:

  • The MRQ is 0.438. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.470. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.438TTM0.470-0.032
TTM0.470YOY0.576-0.107
TTM0.4705Y0.533-0.063
5Y0.53310Y0.535-0.002
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4380.488-0.050
TTM0.4700.490-0.020
YOY0.5760.481+0.095
5Y0.5330.487+0.046
10Y0.5350.491+0.044
1.4.2. Debt to Equity Ratio

Measures if Aak is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Aak to the Packaged Foods industry mean.
  • A Debt to Equity ratio of 78.2% means that company has kr0.78 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of AAK AB:

  • The MRQ is 0.782. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.893. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.782TTM0.893-0.111
TTM0.893YOY1.367-0.474
TTM0.8935Y1.162-0.269
5Y1.16210Y1.169-0.007
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7820.961-0.179
TTM0.8930.984-0.091
YOY1.3670.936+0.431
5Y1.1620.995+0.167
10Y1.1691.060+0.109

2. Market Valuation of AAK AB

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Aak generates.

  • Above 15 is considered overpriced but always compare Aak to the Packaged Foods industry mean.
  • A PE ratio of 16.88 means the investor is paying kr16.88 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of AAK AB:

  • The EOD is 19.099. Based on the earnings, the company is fair priced.
  • The MRQ is 16.877. Based on the earnings, the company is fair priced.
  • The TTM is 18.166. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD19.099MRQ16.877+2.222
MRQ16.877TTM18.166-1.289
TTM18.166YOY32.783-14.617
TTM18.1665Y32.136-13.970
5Y32.13610Y79.703-47.567
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD19.09913.175+5.924
MRQ16.87712.324+4.553
TTM18.16613.017+5.149
YOY32.78311.502+21.281
5Y32.13616.260+15.876
10Y79.70319.312+60.391
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of AAK AB:

  • The EOD is 17.540. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 15.499. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 13.434. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD17.540MRQ15.499+2.041
MRQ15.499TTM13.434+2.065
TTM13.434YOY-17.524+30.957
TTM13.4345Y18.233-4.800
5Y18.23310Y-31.080+49.313
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD17.5404.748+12.792
MRQ15.4994.039+11.460
TTM13.4341.787+11.647
YOY-17.524-0.075-17.449
5Y18.2331.465+16.768
10Y-31.0801.630-32.710
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Aak is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaged Foods industry mean).
  • A PB ratio of 3.40 means the investor is paying kr3.40 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of AAK AB:

  • The EOD is 3.853. Based on the equity, the company is fair priced.
  • The MRQ is 3.404. Based on the equity, the company is fair priced.
  • The TTM is 3.142. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.853MRQ3.404+0.448
MRQ3.404TTM3.142+0.262
TTM3.142YOY3.088+0.054
TTM3.1425Y3.869-0.727
5Y3.86910Y11.559-7.690
Compared to industry (Packaged Foods)
PeriodCompanyIndustry (mean)+/- 
EOD3.8531.431+2.422
MRQ3.4041.486+1.918
TTM3.1421.433+1.709
YOY3.0881.776+1.312
5Y3.8691.856+2.013
10Y11.5592.407+9.152
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of AAK AB compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.0681.981-154%3.132-134%1.569-168%1.231-187%
Book Value Per Share--66.03564.616+2%54.433+21%47.973+38%37.426+76%
Current Ratio--1.9521.876+4%1.550+26%1.761+11%1.841+6%
Debt To Asset Ratio--0.4380.470-7%0.576-24%0.533-18%0.535-18%
Debt To Equity Ratio--0.7820.893-12%1.367-43%1.162-33%1.169-33%
Dividend Per Share---2.061-100%2.489-100%2.048-100%1.537-100%
Eps--3.3302.834+17%1.705+95%1.772+88%1.400+138%
Free Cash Flow Per Share--3.6263.914-7%-1.268+135%0.900+303%0.615+489%
Free Cash Flow To Equity Per Share---0.3500.008-4609%0.458-176%0.342-202%0.272-228%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--112.742--------
Intrinsic Value_10Y_min--12.991--------
Intrinsic Value_1Y_max--4.536--------
Intrinsic Value_1Y_min--2.279--------
Intrinsic Value_3Y_max--18.783--------
Intrinsic Value_3Y_min--6.042--------
Intrinsic Value_5Y_max--39.242--------
Intrinsic Value_5Y_min--8.893--------
Market Cap66031811635.200+11%58461501488.00052768398977.350+11%43287953559.200+35%46631090209.017+25%88011666084.541-34%
Net Profit Margin--0.0800.064+24%0.035+128%0.050+61%0.048+66%
Operating Margin--0.1080.091+18%0.050+114%0.070+54%0.070+55%
Operating Ratio--0.8950.910-2%0.950-6%0.930-4%0.930-4%
Pb Ratio3.853+12%3.4043.142+8%3.088+10%3.869-12%11.559-71%
Pe Ratio19.099+12%16.87718.166-7%32.783-49%32.136-47%79.703-79%
Price Per Share254.400+12%224.800203.050+11%166.775+35%179.577+25%339.042-34%
Price To Free Cash Flow Ratio17.540+12%15.49913.434+15%-17.524+213%18.233-15%-31.080+301%
Price To Total Gains Ratio-238.261-13%-210.538-27.001-87%41.279-610%-819.751+289%18.516-1237%
Quick Ratio--1.0541.016+4%0.738+43%0.839+26%0.914+15%
Return On Assets--0.0280.023+22%0.013+114%0.017+65%0.017+62%
Return On Equity--0.0510.044+15%0.031+62%0.037+38%0.038+35%
Total Gains Per Share---1.0684.042-126%5.621-119%3.617-130%2.768-139%
Usd Book Value--1614262000.0001578424500.000+2%1328079000.000+22%1171019100.000+38%913409750.000+77%
Usd Book Value Change Per Share---0.1000.186-154%0.294-134%0.147-168%0.116-187%
Usd Book Value Per Share--6.2076.074+2%5.117+21%4.509+38%3.518+76%
Usd Dividend Per Share---0.194-100%0.234-100%0.193-100%0.145-100%
Usd Eps--0.3130.266+17%0.160+95%0.167+88%0.132+138%
Usd Free Cash Flow--88642000.00095621500.000-7%-30949500.000+135%21986600.000+303%15028250.000+490%
Usd Free Cash Flow Per Share--0.3410.368-7%-0.119+135%0.085+303%0.058+489%
Usd Free Cash Flow To Equity Per Share---0.0330.001-4609%0.043-176%0.032-202%0.026-228%
Usd Market Cap6206990293.709+11%5495381139.8724960229503.871+11%4069067634.565+35%4383322479.648+25%8273096611.947-34%
Usd Price Per Share23.914+12%21.13119.087+11%15.677+35%16.880+25%31.870-34%
Usd Profit--81404000.00069231000.000+18%41595000.000+96%43258800.000+88%34157250.000+138%
Usd Revenue--1018490000.0001081658000.000-6%1184987500.000-14%885240300.000+15%710550700.000+43%
Usd Total Gains Per Share---0.1000.380-126%0.528-119%0.340-130%0.260-139%
 EOD+3 -5MRQTTM+19 -16YOY+22 -135Y+26 -910Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of AAK AB based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.099
Price to Book Ratio (EOD)Between0-13.853
Net Profit Margin (MRQ)Greater than00.080
Operating Margin (MRQ)Greater than00.108
Quick Ratio (MRQ)Greater than11.054
Current Ratio (MRQ)Greater than11.952
Debt to Asset Ratio (MRQ)Less than10.438
Debt to Equity Ratio (MRQ)Less than10.782
Return on Equity (MRQ)Greater than0.150.051
Return on Assets (MRQ)Greater than0.050.028
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of AAK AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5076.837
Ma 20Greater thanMa 50238.350
Ma 50Greater thanMa 100235.256
Ma 100Greater thanMa 200228.354
OpenGreater thanClose252.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in SEK. All numbers in thousands.

Summary
Total Assets30,551,000
Total Liabilities13,378,000
Total Stockholder Equity17,117,000
 As reported
Total Liabilities 13,378,000
Total Stockholder Equity+ 17,117,000
Total Assets = 30,551,000

Assets

Total Assets30,551,000
Total Current Assets18,814,000
Long-term Assets11,737,000
Total Current Assets
Cash And Cash Equivalents 1,503,000
Net Receivables 8,655,000
Inventory 8,656,000
Total Current Assets  (as reported)18,814,000
Total Current Assets  (calculated)18,814,000
+/-0
Long-term Assets
Property Plant Equipment 8,253,000
Goodwill 2,712,000
Intangible Assets 290,000
Long-term Assets Other 92,000
Long-term Assets  (as reported)11,737,000
Long-term Assets  (calculated)11,347,000
+/- 390,000

Liabilities & Shareholders' Equity

Total Current Liabilities9,637,000
Long-term Liabilities3,741,000
Total Stockholder Equity17,117,000
Total Current Liabilities
Short-term Debt 1,886,000
Short Long Term Debt 1,715,000
Accounts payable 3,804,000
Other Current Liabilities 3,947,000
Total Current Liabilities  (as reported)9,637,000
Total Current Liabilities  (calculated)11,352,000
+/- 1,715,000
Long-term Liabilities
Long term Debt 1,969,000
Capital Lease Obligations 801,000
Long-term Liabilities Other 455,000
Long-term Liabilities  (as reported)3,741,000
Long-term Liabilities  (calculated)3,225,000
+/- 516,000
Total Stockholder Equity
Total Stockholder Equity (as reported)17,117,000
Total Stockholder Equity (calculated)0
+/- 17,117,000
Other
Cash and Short Term Investments 1,503,000
Common Stock Shares Outstanding 260,060
Liabilities and Stockholders Equity 30,551,000
Net Debt 2,982,000
Net Invested Capital 20,801,000
Net Working Capital 9,177,000
Property Plant and Equipment Gross 8,253,000
Short Long Term Debt Total 4,485,000



Balance Sheet

Currency in SEK. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-06-302002-12-312002-06-302001-12-312001-06-302000-12-312000-06-30
> Total Assets 
1,548,000
1,656,562
1,628,000
1,815,211
1,749,000
1,771,423
1,807,000
1,899,276
1,901,000
1,850,000
1,865,000
1,933,142
1,794,000
1,825,000
1,969,000
6,835,000
6,993,000
6,812,000
7,187,000
6,933,000
7,119,000
7,546,000
7,990,000
8,857,000
9,423,000
9,496,000
9,988,000
11,078,000
10,271,000
9,485,000
8,647,000
8,513,000
8,412,000
8,650,000
8,582,000
9,252,000
8,974,000
9,832,000
10,202,000
9,974,000
9,362,000
9,989,000
9,757,000
9,760,000
9,795,000
9,418,000
9,356,000
10,045,000
10,506,000
10,916,000
12,455,000
12,512,000
12,995,000
12,616,000
12,891,000
13,896,000
13,930,000
14,245,000
16,091,000
17,184,000
17,647,000
17,194,000
16,535,000
16,892,000
18,338,000
18,753,000
18,005,000
18,035,000
20,019,000
19,782,000
21,517,000
22,919,000
23,796,000
21,725,000
22,145,000
22,278,000
22,992,000
23,715,000
25,197,000
27,166,000
30,661,000
33,239,000
35,360,000
33,990,000
32,096,000
32,501,000
31,599,000
30,551,000
30,551,00031,599,00032,501,00032,096,00033,990,00035,360,00033,239,00030,661,00027,166,00025,197,00023,715,00022,992,00022,278,00022,145,00021,725,00023,796,00022,919,00021,517,00019,782,00020,019,00018,035,00018,005,00018,753,00018,338,00016,892,00016,535,00017,194,00017,647,00017,184,00016,091,00014,245,00013,930,00013,896,00012,891,00012,616,00012,995,00012,512,00012,455,00010,916,00010,506,00010,045,0009,356,0009,418,0009,795,0009,760,0009,757,0009,989,0009,362,0009,974,00010,202,0009,832,0008,974,0009,252,0008,582,0008,650,0008,412,0008,513,0008,647,0009,485,00010,271,00011,078,0009,988,0009,496,0009,423,0008,857,0007,990,0007,546,0007,119,0006,933,0007,187,0006,812,0006,993,0006,835,0001,969,0001,825,0001,794,0001,933,1421,865,0001,850,0001,901,0001,899,2761,807,0001,771,4231,749,0001,815,2111,628,0001,656,5621,548,000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,640,000
4,656,000
4,836,000
4,987,000
5,719,000
5,498,000
6,290,000
6,385,000
6,202,000
5,587,000
5,772,000
5,729,000
5,693,000
5,763,000
5,189,000
5,071,000
5,618,000
5,981,000
6,209,000
7,232,000
7,084,000
7,380,000
7,067,000
7,295,000
7,508,000
7,562,000
7,583,000
9,064,000
9,744,000
10,234,000
9,958,000
9,382,000
9,651,000
10,826,000
11,072,000
10,490,000
10,477,000
11,195,000
10,932,000
12,055,000
13,463,000
14,317,000
12,711,000
12,876,000
13,331,000
13,766,000
14,863,000
16,329,000
18,036,000
21,188,000
23,178,000
24,726,000
23,104,000
20,888,000
20,711,000
19,707,000
18,814,000
18,814,00019,707,00020,711,00020,888,00023,104,00024,726,00023,178,00021,188,00018,036,00016,329,00014,863,00013,766,00013,331,00012,876,00012,711,00014,317,00013,463,00012,055,00010,932,00011,195,00010,477,00010,490,00011,072,00010,826,0009,651,0009,382,0009,958,00010,234,0009,744,0009,064,0007,583,0007,562,0007,508,0007,295,0007,067,0007,380,0007,084,0007,232,0006,209,0005,981,0005,618,0005,071,0005,189,0005,763,0005,693,0005,729,0005,772,0005,587,0006,202,0006,385,0006,290,0005,498,0005,719,0004,987,0004,836,0004,656,0004,640,0000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
322,000
306,000
241,000
313,000
540,000
207,000
560,000
253,000
331,000
215,000
277,000
294,000
330,000
282,000
254,000
244,000
231,000
222,000
277,000
429,000
264,000
342,000
377,000
391,000
459,000
414,000
485,000
403,000
586,000
581,000
639,000
545,000
480,000
669,000
872,000
723,000
737,000
814,000
744,000
731,000
982,000
1,899,000
1,138,000
1,143,000
1,200,000
1,245,000
1,139,000
999,000
1,001,000
1,165,000
1,680,000
1,410,000
1,515,000
1,405,000
1,485,000
1,595,000
1,503,000
1,503,0001,595,0001,485,0001,405,0001,515,0001,410,0001,680,0001,165,0001,001,000999,0001,139,0001,245,0001,200,0001,143,0001,138,0001,899,000982,000731,000744,000814,000737,000723,000872,000669,000480,000545,000639,000581,000586,000403,000485,000414,000459,000391,000377,000342,000264,000429,000277,000222,000231,000244,000254,000282,000330,000294,000277,000215,000331,000253,000560,000207,000540,000313,000241,000306,000322,0000000000000000000000000000000000
       Net Receivables 
456,000
487,399
460,000
525,189
452,000
454,770
448,000
516,772
548,000
564,000
549,000
566,954
585,000
552,000
650,000
1,612,000
1,889,000
1,708,000
1,767,000
1,597,000
1,832,000
1,920,000
2,234,000
2,104,000
2,829,000
2,743,000
2,995,000
2,670,000
2,935,000
2,636,000
2,329,000
1,717,000
2,249,000
2,410,000
2,345,000
2,493,000
2,748,000
2,703,000
3,054,000
2,351,000
2,873,000
2,743,000
2,749,000
2,230,000
2,877,000
2,605,000
2,830,000
2,403,000
2,821,000
2,903,000
3,392,000
2,916,000
3,826,000
3,641,000
3,655,000
2,835,000
3,542,000
3,504,000
4,128,000
3,417,000
4,708,000
4,602,000
4,561,000
3,845,000
5,193,000
5,363,000
5,299,000
4,174,000
3,731,000
3,670,000
3,903,000
4,178,000
5,767,000
5,488,000
5,476,000
4,075,000
5,890,000
6,301,000
7,123,000
5,778,000
9,967,000
10,503,000
11,296,000
6,635,000
9,724,000
9,728,000
9,261,000
8,655,000
8,655,0009,261,0009,728,0009,724,0006,635,00011,296,00010,503,0009,967,0005,778,0007,123,0006,301,0005,890,0004,075,0005,476,0005,488,0005,767,0004,178,0003,903,0003,670,0003,731,0004,174,0005,299,0005,363,0005,193,0003,845,0004,561,0004,602,0004,708,0003,417,0004,128,0003,504,0003,542,0002,835,0003,655,0003,641,0003,826,0002,916,0003,392,0002,903,0002,821,0002,403,0002,830,0002,605,0002,877,0002,230,0002,749,0002,743,0002,873,0002,351,0003,054,0002,703,0002,748,0002,493,0002,345,0002,410,0002,249,0001,717,0002,329,0002,636,0002,935,0002,670,0002,995,0002,743,0002,829,0002,104,0002,234,0001,920,0001,832,0001,597,0001,767,0001,708,0001,889,0001,612,000650,000552,000585,000566,954549,000564,000548,000516,772448,000454,770452,000525,189460,000487,399456,000
       Other Current Assets 
0
11,490
0
16,061
0
11,066
0
18,739
0
0
0
25,653
0
0
0
94,000
0
0
0
141,000
0
0
0
287,000
0
0
0
948,000
0
0
0
2,081,000
2,249,000
2,410,000
2,345,000
2,880,000
2,748,000
2,703,000
3,054,000
2,987,000
2,873,000
2,743,000
2,749,000
2,780,000
2,877,000
2,605,000
2,830,000
2,886,000
2,821,000
2,903,000
3,392,000
3,611,000
3,826,000
3,641,000
3,655,000
3,450,000
3,542,000
3,504,000
4,128,000
4,308,000
4,708,000
4,602,000
4,561,000
4,515,000
5,193,000
5,363,000
5,299,000
5,035,000
5,482,000
5,426,000
5,700,000
5,800,000
5,767,000
5,488,000
5,476,000
5,562,000
5,890,000
6,301,000
7,123,000
7,981,000
9,967,000
10,503,000
11,296,000
2,383,000
3,193,000
3,621,000
3,140,000
0
03,140,0003,621,0003,193,0002,383,00011,296,00010,503,0009,967,0007,981,0007,123,0006,301,0005,890,0005,562,0005,476,0005,488,0005,767,0005,800,0005,700,0005,426,0005,482,0005,035,0005,299,0005,363,0005,193,0004,515,0004,561,0004,602,0004,708,0004,308,0004,128,0003,504,0003,542,0003,450,0003,655,0003,641,0003,826,0003,611,0003,392,0002,903,0002,821,0002,886,0002,830,0002,605,0002,877,0002,780,0002,749,0002,743,0002,873,0002,987,0003,054,0002,703,0002,748,0002,880,0002,345,0002,410,0002,249,0002,081,000000948,000000287,000000141,00000094,00000025,65300018,739011,066016,061011,4900
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,873,000
3,756,000
3,814,000
3,595,000
3,533,000
3,476,000
3,542,000
3,817,000
3,772,000
3,775,000
4,217,000
4,028,000
4,067,000
4,032,000
4,229,000
4,285,000
4,427,000
4,525,000
4,707,000
5,223,000
5,428,000
5,615,000
5,549,000
5,596,000
6,388,000
6,368,000
6,662,000
7,027,000
7,440,000
7,413,000
7,236,000
7,153,000
7,241,000
7,512,000
7,681,000
7,515,000
7,558,000
8,824,000
8,850,000
9,462,000
9,456,000
9,479,000
9,014,000
9,269,000
8,947,000
9,226,000
8,852,000
8,868,000
9,130,000
9,473,000
10,061,000
10,634,000
10,886,000
11,208,000
11,790,000
11,892,000
11,737,000
11,737,00011,892,00011,790,00011,208,00010,886,00010,634,00010,061,0009,473,0009,130,0008,868,0008,852,0009,226,0008,947,0009,269,0009,014,0009,479,0009,456,0009,462,0008,850,0008,824,0007,558,0007,515,0007,681,0007,512,0007,241,0007,153,0007,236,0007,413,0007,440,0007,027,0006,662,0006,368,0006,388,0005,596,0005,549,0005,615,0005,428,0005,223,0004,707,0004,525,0004,427,0004,285,0004,229,0004,032,0004,067,0004,028,0004,217,0003,775,0003,772,0003,817,0003,542,0003,476,0003,533,0003,595,0003,814,0003,756,0003,873,0000000000000000000000000000000000
       Property Plant Equipment 
0
716,583
747,000
752,010
739,000
740,591
741,000
739,858
746,000
751,000
747,000
727,851
726,000
749,000
782,000
2,670,000
2,704,000
2,705,000
2,764,000
2,751,000
2,843,000
2,881,000
2,876,000
2,964,000
2,919,000
2,926,000
3,030,000
3,189,000
3,212,000
3,175,000
2,960,000
2,978,000
2,884,000
2,926,000
2,753,000
2,718,000
2,670,000
2,698,000
2,775,000
2,801,000
2,804,000
2,869,000
2,786,000
2,800,000
2,778,000
2,926,000
2,929,000
3,027,000
3,117,000
3,243,000
3,637,000
3,812,000
3,948,000
3,911,000
3,977,000
4,295,000
4,331,000
4,571,000
4,875,000
5,164,000
5,163,000
5,098,000
5,114,000
5,178,000
5,353,000
5,450,000
5,392,000
5,468,000
6,539,000
6,576,000
6,801,000
6,804,000
6,807,000
6,516,000
6,509,000
6,310,000
6,463,000
6,164,000
6,096,000
6,315,000
6,626,000
6,954,000
7,412,000
7,629,000
7,794,000
8,257,000
8,277,000
8,253,000
8,253,0008,277,0008,257,0007,794,0007,629,0007,412,0006,954,0006,626,0006,315,0006,096,0006,164,0006,463,0006,310,0006,509,0006,516,0006,807,0006,804,0006,801,0006,576,0006,539,0005,468,0005,392,0005,450,0005,353,0005,178,0005,114,0005,098,0005,163,0005,164,0004,875,0004,571,0004,331,0004,295,0003,977,0003,911,0003,948,0003,812,0003,637,0003,243,0003,117,0003,027,0002,929,0002,926,0002,778,0002,800,0002,786,0002,869,0002,804,0002,801,0002,775,0002,698,0002,670,0002,718,0002,753,0002,926,0002,884,0002,978,0002,960,0003,175,0003,212,0003,189,0003,030,0002,926,0002,919,0002,964,0002,876,0002,881,0002,843,0002,751,0002,764,0002,705,0002,704,0002,670,000782,000749,000726,000727,851747,000751,000746,000739,858741,000740,591739,000752,010747,000716,5830
       Goodwill 
0
0
0
0
0
7,377
0
13,906
0
0
0
0
0
0
0
593,000
591,000
577,000
581,000
579,000
596,000
616,000
607,000
614,000
604,000
609,000
632,000
682,000
692,000
687,000
645,000
652,000
622,000
621,000
589,000
580,000
575,000
584,000
768,000
733,000
719,000
1,070,000
1,026,000
1,045,000
1,038,000
1,076,000
1,089,000
1,115,000
1,121,000
1,161,000
1,277,000
1,327,000
1,381,000
1,349,000
1,346,000
1,567,000
1,529,000
1,583,000
1,644,000
1,686,000
1,682,000
1,626,000
1,588,000
1,601,000
1,646,000
1,709,000
1,671,000
1,666,000
1,779,000
1,788,000
2,162,000
2,114,000
2,164,000
2,046,000
2,223,000
2,103,000
2,200,000
2,169,000
2,228,000
2,270,000
2,296,000
2,506,000
2,599,000
2,538,000
2,666,000
2,785,000
2,839,000
2,712,000
2,712,0002,839,0002,785,0002,666,0002,538,0002,599,0002,506,0002,296,0002,270,0002,228,0002,169,0002,200,0002,103,0002,223,0002,046,0002,164,0002,114,0002,162,0001,788,0001,779,0001,666,0001,671,0001,709,0001,646,0001,601,0001,588,0001,626,0001,682,0001,686,0001,644,0001,583,0001,529,0001,567,0001,346,0001,349,0001,381,0001,327,0001,277,0001,161,0001,121,0001,115,0001,089,0001,076,0001,038,0001,045,0001,026,0001,070,000719,000733,000768,000584,000575,000580,000589,000621,000622,000652,000645,000687,000692,000682,000632,000609,000604,000614,000607,000616,000596,000579,000581,000577,000591,000593,000000000013,90607,37700000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,000
37,000
42,000
26,000
14,000
41,000
53,000
50,000
12,000
33,000
39,000
34,000
31,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000031,00034,00039,00033,00012,00050,00053,00041,00014,00026,00042,00037,00024,00000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
16,000
0
0
7,377
7,000
13,906
13,000
13,000
12,000
11,738
25,000
24,000
24,000
685,000
680,000
660,000
660,000
638,000
653,000
670,000
695,000
729,000
713,000
715,000
760,000
816,000
822,000
811,000
759,000
112,000
103,000
97,000
90,000
102,000
97,000
95,000
104,000
94,000
88,000
1,153,000
1,104,000
87,000
81,000
78,000
128,000
123,000
125,000
123,000
118,000
127,000
125,000
121,000
119,000
377,000
362,000
348,000
348,000
357,000
356,000
335,000
314,000
349,000
347,000
346,000
314,000
333,000
380,000
372,000
383,000
363,000
361,000
323,000
326,000
313,000
322,000
2,785,000
307,000
307,000
305,000
310,000
315,000
293,000
289,000
302,000
311,000
290,000
290,000311,000302,000289,000293,000315,000310,000305,000307,000307,0002,785,000322,000313,000326,000323,000361,000363,000383,000372,000380,000333,000314,000346,000347,000349,000314,000335,000356,000357,000348,000348,000362,000377,000119,000121,000125,000127,000118,000123,000125,000123,000128,00078,00081,00087,0001,104,0001,153,00088,00094,000104,00095,00097,000102,00090,00097,000103,000112,000759,000811,000822,000816,000760,000715,000713,000729,000695,000670,000653,000638,000660,000660,000680,000685,00024,00024,00025,00011,73812,00013,00013,00013,9067,0007,3770016,00000
       Other Assets 
0
861
16,000
18,368
16,000
19,468
18,000
24,832
24,000
24,000
23,000
41,970
43,000
43,000
43,000
819,000
815,000
782,000
789,000
803,000
809,000
831,000
848,000
870,000
855,000
810,000
937,000
1,046,000
1,130,000
1,021,000
910,000
895,000
872,000
888,000
842,000
815,000
806,000
844,000
1,042,000
971,000
971,000
1,348,000
1,242,000
1,267,000
1,254,000
1,303,000
1,356,000
1,400,000
1,408,000
1,464,000
1,586,000
1,616,000
1,667,000
1,638,000
1,619,000
2,093,000
2,037,000
2,091,000
2,152,000
2,276,000
2,250,000
2,138,000
2,039,000
2,063,000
2,159,000
123,000
88,000
79,000
93,000
75,000
82,000
162,000
116,000
89,000
175,000
207,000
241,000
211,000
237,000
222,000
230,000
272,000
285,000
327,000
349,000
357,000
357,000
0
0357,000357,000349,000327,000285,000272,000230,000222,000237,000211,000241,000207,000175,00089,000116,000162,00082,00075,00093,00079,00088,000123,0002,159,0002,063,0002,039,0002,138,0002,250,0002,276,0002,152,0002,091,0002,037,0002,093,0001,619,0001,638,0001,667,0001,616,0001,586,0001,464,0001,408,0001,400,0001,356,0001,303,0001,254,0001,267,0001,242,0001,348,000971,000971,0001,042,000844,000806,000815,000842,000888,000872,000895,000910,0001,021,0001,130,0001,046,000937,000810,000855,000870,000848,000831,000809,000803,000789,000782,000815,000819,00043,00043,00043,00041,97023,00024,00024,00024,83218,00019,46816,00018,36816,0008610
> Total Liabilities 
758,000
863,191
850,000
965,636
919,000
855,941
906,000
926,691
881,000
878,000
870,000
920,595
757,000
939,000
963,000
3,281,000
3,407,000
3,375,000
3,664,000
4,614,000
4,671,000
5,324,000
5,713,000
6,414,000
6,834,000
6,951,000
7,590,000
8,695,000
7,758,000
6,818,000
5,919,000
5,564,000
5,395,000
5,677,000
5,706,000
6,064,000
5,703,000
6,598,000
6,769,000
6,409,000
5,671,000
6,336,000
6,040,000
5,837,000
5,848,000
5,422,000
5,305,000
5,681,000
5,847,000
6,105,000
7,187,000
6,712,000
6,598,000
6,396,000
6,469,000
7,246,000
7,267,000
7,480,000
9,004,000
9,608,000
9,817,000
9,861,000
9,129,000
9,158,000
9,877,000
10,120,000
9,184,000
9,039,000
10,254,000
10,166,000
11,136,000
12,498,000
12,909,000
11,542,000
11,626,000
12,540,000
12,201,000
13,517,000
14,055,000
15,335,000
17,913,000
19,763,000
20,153,000
18,907,000
16,178,000
15,850,000
14,174,000
13,378,000
13,378,00014,174,00015,850,00016,178,00018,907,00020,153,00019,763,00017,913,00015,335,00014,055,00013,517,00012,201,00012,540,00011,626,00011,542,00012,909,00012,498,00011,136,00010,166,00010,254,0009,039,0009,184,00010,120,0009,877,0009,158,0009,129,0009,861,0009,817,0009,608,0009,004,0007,480,0007,267,0007,246,0006,469,0006,396,0006,598,0006,712,0007,187,0006,105,0005,847,0005,681,0005,305,0005,422,0005,848,0005,837,0006,040,0006,336,0005,671,0006,409,0006,769,0006,598,0005,703,0006,064,0005,706,0005,677,0005,395,0005,564,0005,919,0006,818,0007,758,0008,695,0007,590,0006,951,0006,834,0006,414,0005,713,0005,324,0004,671,0004,614,0003,664,0003,375,0003,407,0003,281,000963,000939,000757,000920,595870,000878,000881,000926,691906,000855,941919,000965,636850,000863,191758,000
   > Total Current Liabilities 
355,000
489,163
375,000
473,528
400,000
485,131
409,000
453,419
374,000
358,000
385,000
438,442
380,000
348,000
458,000
1,870,000
1,887,000
1,774,000
1,830,000
1,898,000
1,688,000
1,907,000
2,003,000
1,925,000
2,027,000
1,649,000
1,884,000
3,368,000
2,099,000
1,586,000
1,707,000
1,727,000
1,953,000
2,025,000
2,027,000
2,578,000
2,159,000
2,326,000
2,581,000
2,610,000
2,285,000
2,512,000
2,591,000
2,667,000
2,771,000
2,559,000
2,433,000
2,884,000
3,053,000
3,021,000
3,486,000
3,603,000
3,738,000
3,572,000
3,686,000
4,244,000
4,120,000
4,081,000
4,779,000
5,777,000
5,260,000
5,040,000
4,769,000
5,840,000
5,638,000
5,579,000
5,283,000
5,358,000
5,675,000
5,331,000
6,041,000
7,559,000
7,401,000
6,174,000
6,363,000
8,638,000
8,275,000
9,751,000
10,942,000
12,155,000
14,758,000
15,773,000
15,104,000
13,935,000
11,717,000
11,296,000
10,178,000
9,637,000
9,637,00010,178,00011,296,00011,717,00013,935,00015,104,00015,773,00014,758,00012,155,00010,942,0009,751,0008,275,0008,638,0006,363,0006,174,0007,401,0007,559,0006,041,0005,331,0005,675,0005,358,0005,283,0005,579,0005,638,0005,840,0004,769,0005,040,0005,260,0005,777,0004,779,0004,081,0004,120,0004,244,0003,686,0003,572,0003,738,0003,603,0003,486,0003,021,0003,053,0002,884,0002,433,0002,559,0002,771,0002,667,0002,591,0002,512,0002,285,0002,610,0002,581,0002,326,0002,159,0002,578,0002,027,0002,025,0001,953,0001,727,0001,707,0001,586,0002,099,0003,368,0001,884,0001,649,0002,027,0001,925,0002,003,0001,907,0001,688,0001,898,0001,830,0001,774,0001,887,0001,870,000458,000348,000380,000438,442385,000358,000374,000453,419409,000485,131400,000473,528375,000489,163355,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
107,000
0
0
0
66,000
0
0
0
72,000
0
0
0
68,000
0
0
0
77,000
0
0
0
89,000
0
0
0
287,000
262,000
204,000
196,000
217,000
77,000
233,000
307,000
628,000
575,000
752,000
631,000
661,000
588,000
571,000
944,000
980,000
1,491,000
1,202,000
753,000
1,682,000
1,711,000
2,133,000
2,460,000
2,461,000
4,091,000
4,470,000
3,485,000
3,159,000
2,869,000
2,377,000
1,922,000
1,886,000
1,886,0001,922,0002,377,0002,869,0003,159,0003,485,0004,470,0004,091,0002,461,0002,460,0002,133,0001,711,0001,682,000753,0001,202,0001,491,000980,000944,000571,000588,000661,000631,000752,000575,000628,000307,000233,00077,000217,000196,000204,000262,000287,00000089,00000077,00000068,00000072,00000066,000000107,0000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,075,000
3,633,000
4,062,000
307,000
628,000
575,000
752,000
631,000
661,000
496,000
477,000
842,000
870,000
1,384,000
1,094,000
635,000
1,565,000
1,598,000
2,003,000
2,335,000
2,333,000
3,967,000
4,347,000
3,327,000
2,997,000
2,716,000
2,216,000
1,769,000
1,715,000
1,715,0001,769,0002,216,0002,716,0002,997,0003,327,0004,347,0003,967,0002,333,0002,335,0002,003,0001,598,0001,565,000635,0001,094,0001,384,000870,000842,000477,000496,000661,000631,000752,000575,000628,000307,0004,062,0003,633,0003,075,00000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
241,861
158,000
255,482
200,000
268,457
184,000
236,190
172,000
196,000
187,000
241,626
184,000
177,000
277,000
550,000
481,000
472,000
572,000
502,000
464,000
563,000
650,000
723,000
515,000
453,000
683,000
1,019,000
707,000
490,000
521,000
568,000
677,000
642,000
601,000
838,000
708,000
1,167,000
1,305,000
1,331,000
1,186,000
1,462,000
1,508,000
1,480,000
1,673,000
1,534,000
1,374,000
1,727,000
1,968,000
2,028,000
2,247,000
2,244,000
2,193,000
2,079,000
2,250,000
2,383,000
2,019,000
2,176,000
2,670,000
3,258,000
3,265,000
2,875,000
2,830,000
3,137,000
3,162,000
2,918,000
2,755,000
2,685,000
2,839,000
2,683,000
2,865,000
3,354,000
3,483,000
2,624,000
3,056,000
3,659,000
3,736,000
4,525,000
4,673,000
5,696,000
5,343,000
6,363,000
6,214,000
5,337,000
4,110,000
4,498,000
3,915,000
3,804,000
3,804,0003,915,0004,498,0004,110,0005,337,0006,214,0006,363,0005,343,0005,696,0004,673,0004,525,0003,736,0003,659,0003,056,0002,624,0003,483,0003,354,0002,865,0002,683,0002,839,0002,685,0002,755,0002,918,0003,162,0003,137,0002,830,0002,875,0003,265,0003,258,0002,670,0002,176,0002,019,0002,383,0002,250,0002,079,0002,193,0002,244,0002,247,0002,028,0001,968,0001,727,0001,374,0001,534,0001,673,0001,480,0001,508,0001,462,0001,186,0001,331,0001,305,0001,167,000708,000838,000601,000642,000677,000568,000521,000490,000707,0001,019,000683,000453,000515,000723,000650,000563,000464,000502,000572,000472,000481,000550,000277,000177,000184,000241,626187,000196,000172,000236,190184,000268,457200,000255,482158,000241,8610
       Other Current Liabilities 
0
247,302
174,000
218,046
200,000
216,674
225,000
210,851
202,000
162,000
198,000
196,055
196,000
171,000
181,000
512,000
1,406,000
1,302,000
1,258,000
598,000
1,224,000
1,344,000
1,353,000
775,000
1,512,000
1,196,000
1,201,000
2,100,000
1,392,000
1,096,000
1,186,000
1,052,000
1,276,000
1,383,000
1,426,000
1,674,000
1,451,000
1,159,000
1,276,000
1,207,000
1,099,000
1,050,000
1,083,000
1,119,000
1,098,000
1,025,000
1,059,000
1,080,000
1,085,000
993,000
1,239,000
1,270,000
1,545,000
1,493,000
1,436,000
1,574,000
1,839,000
1,701,000
1,913,000
2,302,000
1,918,000
1,932,000
1,632,000
2,075,000
1,901,000
1,909,000
1,897,000
2,012,000
2,248,000
2,077,000
2,232,000
3,225,000
2,427,000
2,348,000
2,554,000
3,297,000
2,828,000
3,093,000
3,809,000
3,998,000
5,324,000
4,940,000
5,405,000
5,439,000
4,738,000
4,421,000
4,341,000
3,947,000
3,947,0004,341,0004,421,0004,738,0005,439,0005,405,0004,940,0005,324,0003,998,0003,809,0003,093,0002,828,0003,297,0002,554,0002,348,0002,427,0003,225,0002,232,0002,077,0002,248,0002,012,0001,897,0001,909,0001,901,0002,075,0001,632,0001,932,0001,918,0002,302,0001,913,0001,701,0001,839,0001,574,0001,436,0001,493,0001,545,0001,270,0001,239,000993,0001,085,0001,080,0001,059,0001,025,0001,098,0001,119,0001,083,0001,050,0001,099,0001,207,0001,276,0001,159,0001,451,0001,674,0001,426,0001,383,0001,276,0001,052,0001,186,0001,096,0001,392,0002,100,0001,201,0001,196,0001,512,000775,0001,353,0001,344,0001,224,000598,0001,258,0001,302,0001,406,000512,000181,000171,000196,000196,055198,000162,000202,000210,851225,000216,674200,000218,046174,000247,3020
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,837,000
3,442,000
3,652,000
3,679,000
3,486,000
3,544,000
4,272,000
4,188,000
3,799,000
3,386,000
3,824,000
3,449,000
3,170,000
3,077,000
2,863,000
2,872,000
2,797,000
2,794,000
3,084,000
3,701,000
3,109,000
2,860,000
2,824,000
2,783,000
3,002,000
3,147,000
3,399,000
4,225,000
3,831,000
4,557,000
4,821,000
4,360,000
3,318,000
4,239,000
4,541,000
3,901,000
3,681,000
4,579,000
4,835,000
5,095,000
4,939,000
5,508,000
5,368,000
5,263,000
3,902,000
3,926,000
3,766,000
3,113,000
3,180,000
3,155,000
3,990,000
5,049,000
4,972,000
4,461,000
4,554,000
3,996,000
3,741,000
3,741,0003,996,0004,554,0004,461,0004,972,0005,049,0003,990,0003,155,0003,180,0003,113,0003,766,0003,926,0003,902,0005,263,0005,368,0005,508,0004,939,0005,095,0004,835,0004,579,0003,681,0003,901,0004,541,0004,239,0003,318,0004,360,0004,821,0004,557,0003,831,0004,225,0003,399,0003,147,0003,002,0002,783,0002,824,0002,860,0003,109,0003,701,0003,084,0002,794,0002,797,0002,872,0002,863,0003,077,0003,170,0003,449,0003,824,0003,386,0003,799,0004,188,0004,272,0003,544,0003,486,0003,679,0003,652,0003,442,0003,837,0000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,704,000
2,723,000
2,661,000
2,063,000
2,104,000
2,056,000
3,024,000
4,106,000
4,088,000
3,557,000
3,599,000
3,068,000
0
03,068,0003,599,0003,557,0004,088,0004,106,0003,024,0002,056,0002,104,0002,063,0002,661,0002,723,0002,704,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
4,029
0
3,028
0
1,523
125,000
124,000
124,000
16,318
0
0
151,000
63,000
0
0
0
77,000
0
0
0
164,000
0
0
0
151,000
0
0
0
98,000
0
0
0
69,000
0
0
0
71,000
0
0
0
86,000
0
0
0
193,000
0
0
0
241,000
0
0
0
416,000
408,000
444,000
445,000
454,000
461,000
465,000
506,000
527,000
551,000
1,072,000
1,077,000
1,130,000
1,129,000
1,089,000
1,363,000
1,277,000
1,261,000
1,178,000
1,373,000
1,198,000
1,203,000
1,105,000
1,050,000
1,076,000
1,099,000
966,000
943,000
884,000
0
955,000
928,000
0
0928,000955,0000884,000943,000966,0001,099,0001,076,0001,050,0001,105,0001,203,0001,198,0001,373,0001,178,0001,261,0001,277,0001,363,0001,089,0001,129,0001,130,0001,077,0001,072,000551,000527,000506,000465,000461,000454,000445,000444,000408,000416,000000241,000000193,00000086,00000071,00000069,00000098,000000151,000000164,00000077,00000063,000151,0000016,318124,000124,000125,0001,52303,02804,029000
> Total Stockholder Equity
790,000
793,371
778,000
849,575
830,000
915,482
901,000
972,585
1,020,000
972,000
995,000
1,012,547
1,037,000
886,000
1,006,000
3,504,000
3,533,000
3,407,000
3,492,000
2,287,000
2,414,000
2,187,000
2,243,000
2,409,000
2,556,000
2,510,000
2,370,000
2,343,000
2,464,000
2,615,000
2,678,000
2,927,000
2,995,000
2,949,000
2,853,000
3,164,000
3,247,000
3,214,000
3,414,000
3,547,000
3,671,000
3,632,000
3,693,000
3,899,000
3,920,000
3,966,000
4,020,000
4,330,000
4,623,000
4,771,000
5,226,000
5,755,000
6,348,000
6,171,000
6,374,000
6,597,000
6,599,000
6,688,000
7,035,000
7,522,000
7,774,000
7,270,000
7,335,000
7,664,000
8,388,000
8,553,000
8,738,000
8,908,000
9,665,000
9,533,000
10,288,000
10,337,000
10,802,000
10,099,000
10,428,000
9,699,000
10,751,000
10,155,000
11,097,000
11,783,000
12,698,000
13,432,000
15,162,000
15,036,000
15,870,000
16,602,000
17,373,000
17,117,000
17,117,00017,373,00016,602,00015,870,00015,036,00015,162,00013,432,00012,698,00011,783,00011,097,00010,155,00010,751,0009,699,00010,428,00010,099,00010,802,00010,337,00010,288,0009,533,0009,665,0008,908,0008,738,0008,553,0008,388,0007,664,0007,335,0007,270,0007,774,0007,522,0007,035,0006,688,0006,599,0006,597,0006,374,0006,171,0006,348,0005,755,0005,226,0004,771,0004,623,0004,330,0004,020,0003,966,0003,920,0003,899,0003,693,0003,632,0003,671,0003,547,0003,414,0003,214,0003,247,0003,164,0002,853,0002,949,0002,995,0002,927,0002,678,0002,615,0002,464,0002,343,0002,370,0002,510,0002,556,0002,409,0002,243,0002,187,0002,414,0002,287,0003,492,0003,407,0003,533,0003,504,0001,006,000886,0001,037,0001,012,547995,000972,0001,020,000972,585901,000915,482830,000849,575778,000793,371790,000
   Common Stock
0
210,000
0
210,000
0
210,020
0
210,326
0
0
0
210,923
0
886,000
1,006,000
414,000
3,533,000
3,407,000
3,492,000
414,000
2,414,000
2,187,000
2,243,000
414,000
2,556,000
2,510,000
2,370,000
414,000
2,464,000
2,615,000
2,678,000
409,000
2,995,000
2,949,000
2,853,000
409,000
3,247,000
3,214,000
3,414,000
409,000
3,671,000
3,632,000
3,693,000
409,000
3,920,000
3,966,000
4,020,000
411,000
4,623,000
4,771,000
5,226,000
417,000
6,348,000
6,171,000
6,374,000
423,000
6,599,000
6,688,000
7,035,000
423,000
7,774,000
7,270,000
7,335,000
423,000
8,388,000
8,553,000
8,738,000
423,000
9,665,000
9,533,000
10,288,000
423,000
10,802,000
10,099,000
10,428,000
426,000
10,751,000
10,155,000
11,097,000
431,000
12,698,000
13,432,000
15,162,000
433,000
15,870,000
16,602,000
17,373,000
0
017,373,00016,602,00015,870,000433,00015,162,00013,432,00012,698,000431,00011,097,00010,155,00010,751,000426,00010,428,00010,099,00010,802,000423,00010,288,0009,533,0009,665,000423,0008,738,0008,553,0008,388,000423,0007,335,0007,270,0007,774,000423,0007,035,0006,688,0006,599,000423,0006,374,0006,171,0006,348,000417,0005,226,0004,771,0004,623,000411,0004,020,0003,966,0003,920,000409,0003,693,0003,632,0003,671,000409,0003,414,0003,214,0003,247,000409,0002,853,0002,949,0002,995,000409,0002,678,0002,615,0002,464,000414,0002,370,0002,510,0002,556,000414,0002,243,0002,187,0002,414,000414,0003,492,0003,407,0003,533,000414,0001,006,000886,0000210,923000210,3260210,0200210,0000210,0000
   Retained Earnings Total Equity0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-139,000
0
0
0
-368,000
0
0
0
-414,000
0
0
0
-521,000
0
0
0
-567,000
0
0
0
188,000
0
0
0
255,000
0
0
0
461,000
0
0
0
-243,000
0
0
0
119,000
0
0
0
496,000
10,802,000
10,099,000
10,428,000
-1,456,000
10,751,000
10,155,000
11,097,000
11,783,000
12,698,000
13,432,000
15,162,000
701,000
15,870,000
16,602,000
17,373,000
0
017,373,00016,602,00015,870,000701,00015,162,00013,432,00012,698,00011,783,00011,097,00010,155,00010,751,000-1,456,00010,428,00010,099,00010,802,000496,000000119,000000-243,000000461,000000255,000000188,000000-567,000000-521,000000-414,000000-368,000000-139,0000000000000000000000000000000000



Balance Sheet

Currency in SEK. All numbers in thousands.




Cash Flow

Currency in SEK. All numbers in thousands.




Income Statement

Currency in SEK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue46,028,000
Cost of Revenue-34,296,000
Gross Profit11,732,00011,732,000
 
Operating Income (+$)
Gross Profit11,732,000
Operating Expense-7,616,000
Operating Income4,116,0004,116,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,501,000
Selling And Marketing Expenses0
Operating Expense7,616,0003,501,000
 
Net Interest Income (+$)
Interest Income34,000
Interest Expense-375,000
Other Finance Cost-69,000
Net Interest Income-410,000
 
Pretax Income (+$)
Operating Income4,116,000
Net Interest Income-410,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,824,0004,408,000
EBIT - interestExpense = 3,824,000
3,816,000
3,321,000
Interest Expense375,000
Earnings Before Interest and Taxes (EBIT)4,199,0004,199,000
Earnings Before Interest and Taxes (EBITDA)5,076,000
 
After tax Income (+$)
Income Before Tax3,824,000
Tax Provision-777,000
Net Income From Continuing Ops2,601,0003,047,000
Net Income2,946,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses41,912,000
Total Other Income/Expenses Net-292,000410,000
 

Technical Analysis of Aak
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Aak. The general trend of Aak is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Aak's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of AAK AB.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 252.20 > 239.60 > 225.20.

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AAK AB Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of AAK AB. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

AAK AB Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of AAK AB. The current macd is 5.18598077.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Aak price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Aak. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Aak price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
AAK AB Daily Moving Average Convergence/Divergence (MACD) ChartAAK AB Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of AAK AB. The current adx is 42.70.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Aak shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
AAK AB Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of AAK AB. The current sar is 243.13.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
AAK AB Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of AAK AB. The current rsi is 76.84. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
AAK AB Daily Relative Strength Index (RSI) ChartAAK AB Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of AAK AB. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Aak price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
AAK AB Daily Stochastic Oscillator ChartAAK AB Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of AAK AB. The current cci is 120.94.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
AAK AB Daily Commodity Channel Index (CCI) ChartAAK AB Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of AAK AB. The current cmo is 66.44.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
AAK AB Daily Chande Momentum Oscillator (CMO) ChartAAK AB Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of AAK AB. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
AAK AB Daily Williams %R ChartAAK AB Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of AAK AB.

AAK AB Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of AAK AB. The current atr is 4.11502556.

AAK AB Daily Average True Range (ATR) ChartAAK AB Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of AAK AB. The current obv is 4,521,976.

AAK AB Daily On-Balance Volume (OBV) ChartAAK AB Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of AAK AB. The current mfi is 80.47.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
AAK AB Daily Money Flow Index (MFI) ChartAAK AB Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for AAK AB.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

AAK AB Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of AAK AB based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5076.837
Ma 20Greater thanMa 50238.350
Ma 50Greater thanMa 100235.256
Ma 100Greater thanMa 200228.354
OpenGreater thanClose252.000
Total4/5 (80.0%)
Penke

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