K2A-BNasdaq StockholmReal EstateIFRS · SEK

K2A Knaust & Andersson Pref

K2A Knaust & Andersson Pref is a Swedish real estate company focused on developing attractive and sustainable residential properties in high-demand locations. The company operates primarily in the Swedish market, emphasizing rental and property management services.

Revenue427m SEK
−3.8 %y/y
Operating profit (EBIT)-171m SEK
−809.0 %y/y
EBIT margin-40.0%
−35.8 ppy/y
Net income-202m SEK
+62.3 %y/y
Free cash flow56.9m SEK
−57.3 %y/y

Fiscal year 2024 · change from previous year

Development 2020–2024

-2000200400600m SEK2020: 202 m SEK20202021: 273 m SEK2021: EBIT 168 m SEK20212022: 375 m SEK2022: EBIT 128 m SEK20222023: 444 m SEK2023: EBIT -19 m SEK20232024: 427 m SEK2024: EBIT -171 m SEK2024427-171
RevenueOperating profit (EBIT)

Business

Share of revenue

Bullet list of main products/services

Residential Development60 %

Includes the construction and management of residential properties.

Property Management30 %

Services related to the management and maintenance of rental properties.

Sustainable Solutions10 %

Focuses on environmentally friendly building practices and certifications.

Customers

K2A serves a diverse range of customers, primarily focusing on tenants seeking residential accommodations in urban areas. The company targets individuals and families looking for sustainable living options in well-located properties. Additionally, K2A collaborates with local authorities and organizations to meet housing demands in growing communities.

Residential Tenants

Individuals and families looking for rental housing in urban settings.

Local Authorities

Government bodies seeking partnerships for housing developments.

Strategy

K2A's strategic priorities include developing sustainable housing solutions and enhancing property management services. The company aims to strengthen its market position by focusing on high-demand urban areas and leveraging digital marketing strategies. Sustainability is a core aspect of K2A's business model, aligning with regulatory trends and consumer preferences.

Sustainable DevelopmentLong term

To align with market trends and regulatory requirements.

Market ExpansionMedium term

To capture growing urban populations and housing needs.

Geography

K2A operates primarily in Sweden, focusing on urban areas with high demand for residential housing. The company's strategic locations are chosen based on market demand and potential for sustainable development. This geographic focus allows K2A to capitalize on growing urban populations and housing shortages.

Risks

K2A faces several risks, including sustainability-related challenges in property development and potential regulatory changes affecting the real estate market. Additionally, economic fluctuations can impact rental demand and property values. The company actively manages these risks through strategic planning and adherence to sustainability practices.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Sustainability Compliance1Market Fluctuations2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Sustainability ComplianceImpact: HighLikelihood: Medium

    Failure to meet sustainability standards could lead to penalties.

  2. Market FluctuationsImpact: MediumLikelihood: High

    Economic downturns can reduce demand for rentals.

Accounting

Judgemental items
Lease Accounting

Impacts how rental agreements are recorded and reported.

Impact: Affects balance sheet and income statement presentation.

Revenue Recognition

Determines timing and method of recognizing rental income.

Impact: Influences cash flow reporting and profitability analysis.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026