Before you buy
8 guidesHow a trade in unlisted shares works, what it costs and in which form of ownership you can make it.
How trading via an SPV works
Why some unlisted shares are traded through an intermediate layer – and what that means for you as an investor.
What is a brokerage fee (courtage)?
Here we give you all the information you need about what a brokerage fee (courtage) is and how to record it in your accounts.
Key steps to becoming a business angel
In this article we tell you everything you need to know about how to become a business angel, and what it is like to be one. We cover everything from what the term means to tips on what to consider before you become a business angel.
What is a contract note?
Here we explain everything about what a contract note is and what it is used for.
Investing in startups: A guide to succeeding
Here we tell you everything you need to know about how investing in startups works, such as tips on how to succeed and information about the risks involved.Buying shares before an IPO
Buying shares before an IPO means investing while the company is still unlisted. The investment is often described as pre-IPO, but the term says nothing about how close the company actually is to a listing.Invest in unlisted shares through a company
It is possible to buy and own unlisted shares through a limited company. Instead of you being the private owner, it is the company that makes the investment, pays for the shares and is registered as the shareholder.Can you hold unlisted shares in an ISK?
As a general rule, unlisted shares may not be held in an investment savings account (ISK, a Swedish account type). Shares that are not traded on a regulated market or an MTF platform are normally classed as non-permitted assets and therefore cannot be bought or transferred to an ISK in…
When you own
9 guidesWhat rights a holding gives you, what decides whether you may sell, and what Skatteverket (the Swedish Tax Agency) wants to know.
Guide to share transfer agreements for unlisted shares
When shares in an unlisted company are to change hands, it is rarely enough in practice simply to agree on the price. The parties also need to ensure that the transfer can be carried out in accordance with the articles of association, any shareholders' agreements and the company's share register.
How to declare unlisted shares correctly
Declaring unlisted shares differs on several important points from declaring market-listed shares. Since unlisted shares lack the same standardised reporting as exchange-traded shares, documentation, classification and taxation often become more decisive…
What is a share register?
Here we explain everything about what a share register is, such as why a company keeps a share register and when a share register must be drawn up.
What is a general meeting and how does it work?
Here we tell you all about what a general meeting is, why they are held and how you as a shareholder can take part in a general meeting.Right to information in unlisted companies – what applies to shareholders?
The right to information in unlisted companies differs from that in listed companies. When shares are not traded on a regulated market, the company is not subject to the same ongoing disclosure requirements as a listed company.How tax on unlisted shares works
Tax on unlisted shares starts from different conditions than tax on listed holdings. When the shares are not traded on a regulated market, it becomes more important to understand what unlisted shares actually are, what type of shares you own, how a gain should…What is a share transfer?
A share transfer is when ownership of one or more shares passes from one party to another. Common forms of share transfer are sale, gift and inheritance.What is a post-transfer pre-emption clause (hembudsförbehåll)?
Here you will learn everything about the post-transfer pre-emption clause (hembudsförbehåll in Swedish): what it is, how it affects share ownership, and what its advantages and disadvantages are.What is a CSD-registered company (avstämningsbolag)?
Here we tell you everything you need to know about CSD-registered companies (avstämningsbolag), such as what they are and what functions they have.
How the company raises capital
9 guidesShare issues, instruments and the ownership they leave behind — what decides what your stake is worth afterwards.
What are preference shares and how do they work?
Preference shares are a type of share with priority to dividends and capital over ordinary shareholders. They are used both on the stock exchange and in the unlisted market and suit investors looking for stable, predictable dividends.
What is capital structure?
Here you will learn all about what a capital structure is and why it is important to have a properly managed capital structure in your company.
What is a bond?
Here we tell you everything you need to know about bonds, such as what they are and what different types of bonds there are.
What is a cap table? (Capitalisation table)
A cap table is a tool that clearly shows a company's ownership structure, that is, who owns which stakes in the company and to what extent.
Guide: What is a new share issue and a share issue?
In this article you will learn, among other things, about the concepts of a new share issue and a share issue, both of which are central concepts in finance and investing. We also cover related concepts such as bonus issues, directed share issues and non-cash issues.
How raising capital works
Here you will learn everything you need to know about raising capital, such as what raising capital is and how a capital raise works.
What does a new share issue mean and how does it work?
“New share issue” is a term you often come across in finance. But what actually is a new share issue? In this article we go through everything you need to know about the different types of new share issue and how they work.What are preference shares?
Here you will learn all about what ordinary shares and preference shares are — two types of share that are important to understand well.What is a convertible?
In this article you will learn everything you need to know about convertibles, such as what a convertible is and how to trade convertibles.
Valuation and analysis
7 guidesHow an unlisted company is priced, and who does it professionally.
What is Investor Relations and what does it involve?
Here we tell you everything you need to know about investor relations (IR), such as what it is and why it is important to look after your investor relations.
What is a cash flow statement and how does it work?
Here we explain everything you need to know about the cash flow statement, such as what it is and why it is used. We will also explain the concept of cash flow, since it is so closely connected with the cash flow statement.
Venture capital and venture capitalists: how it works
In this article we tell you everything you need to know about what venture capital is and how to become a venture capitalist.
What is a company worth? – 5 ways to value a company
Are you going to buy shares in a company, or perhaps sell existing shares? Then you need to know what a reasonable price is. In this article we describe different ways of carrying out a company valuation.What is corporate finance?
Here you will learn everything you need to know about corporate finance, or the financing of companies, such as what it is and how it works.What is asset management?
Here you will learn all about how asset management works, such as what it is and what types of asset management there are.What is private equity and how does it work? (Beginner's guide)
Here we tell you everything you need to know about private equity, such as what it is and how investing in private equity funds works.
When something happens
4 guidesThe listing, the delisting and what does not go to plan — what happens to your holding in each case.
Delisted shares – what happens to your holding?
When a share is delisted, trading ends on the marketplace where the share was previously listed. The shareholder does not, however, automatically lose their holding.
What is an IPO?
An IPO is one of the most central events in a company's life cycle on the capital market and often marks a clear transition in how the company is financed and owned.
What happens in a company reorganisation? Guide and example
Here you will learn everything you need to know about company reorganisations, such as what they are and how a reorganisation works.
What requirements do listed companies have to meet?
Here we tell you everything you need to know about listed companies, such as what they are and which requirements listed companies must meet.
No guide matches your search. Try a broader word, or look the term up in the glossary.
How to use Eqvor
Short walkthroughs of the platform, one task at a time: placing an order, following a share price, seeing where the shares are held, what happens at settlement and how the purchase rights förköp (before a transfer) and hembud (after a transfer) work in practice. The whole process from account to completed trade is described under How it works.
What it means for a company to be Euroclear-registered
It is one of the most common questions we get. And the answer affects more than you might think. In this video I explain what it actually means for a company to be Euroclear-registered or not — and what it means for how your holding is administered and…
How unlisted shares are held
The answer depends on which company it is — and how it is structured. In this video I go through the difference between companies connected to Euroclear and companies without Euroclear registration, and what it means for how you see and verify your holding.
How pre-emption rights (Förköp and Hembud) work
Unlisted companies often have built-in rules on who may buy and in what order. This affects how a deal is carried out — and what happens after you have pressed buy.
How settlement works when trading unlisted shares
What actually happens when a trade goes through? It depends on how the company is structured.
How to monitor unlisted share prices
In this video I show how you can easily monitor share prices in unlisted companies via Eqvor's platform to get notifications as soon as share prices are updated.
How to place an order in unlisted shares
In this video I go through the whole process of buying and selling unlisted shares via Eqvor's platform. You will see how order placement works step by step, from choosing a company and seeing the current price to creating, signing and following your orders.
Onboarding on Eqvor's platform
In this video I go through what it looks like once you have created an account, and how you trade unlisted shares directly on Eqvor's platform.
Company presentations
One presentation per company: what it does, who pays for it and what has to happen for the business to scale. Meant as a first look before you move on to the company's page and its figures.
Kaunis Iron – On the way to a listing?
In this video we review Kaunis Iron as an investment – the company's business model, growth, profitability and upcoming plans. Kaunis Iron is a Swedish mining company based in Pajala, Norrbotten.
Airmee – an unlisted case in green e-commerce logistics
Fast, cheap, sustainable – e-commerce's last mile forces logistics companies to choose. Airmee has built a tech platform that delivers all three.
Blykalla – A new type of nuclear power to solve the electricity crisis
In this video we present the Swedish unlisted company Blykalla, which develops small modular lead-cooled reactors – with the ambition of solving one of the greatest challenges of our time: stable, fossil-free electricity.
SnigelDesign – Swedish design that saves lives?
A much-discussed company that over many years has established itself as a leading player in tactical equipment for defence, government agencies and professional users.
Hasko Invest – like Investor, but unlisted?
Hasko Invest is a Swedish investment company that has quickly grown into a sought-after ownership partner for profitable Nordic product companies.
Quartr – World-class platform for financial research and investor relations!
Quartr is one of the most exciting unlisted companies on Eqvor's platform right now. Quartr is a much-talked-about Swedish financial research and investor relations platform, with a global user base and strong growth.
CorPower Ocean – Groundbreaking electricity from the motion of the ocean!
Groundbreaking power from the motion of the ocean! In this video I present the unlisted company CorPower Ocean, a Swedish deep-tech company revolutionising renewable energy by converting wave power into electricity in a way the world has never seen before.
Candela – Flying electric boats
In this video I present the unlisted electric boat company Candela. We go through the products and Candela's business model, and talk about their agreements with other cities and what makes Candela unique. Read more about Candela and Candela's shares HERE.
IntuiCell – A new category of AI
In this video I talk about the unlisted AI company IntuiCell, what makes it unique, and answer the question – what is genuine intelligence? The video also covers IntuiCell's business model and the team behind the company.
Koenigsegg – A unique business model in the car industry
In this video I talk about the unlisted company Koenigsegg, its business model, and why Koenigsegg is unique in the car industry. For more information about Koenigsegg's shares, visit: eqvor.com/aktie/koenigsegg/
Where next
Look up individual terms in the glossary, the whole process from account to completed trade is on how it works, and if this is your first trade, start with the first-time buyer's guide. Unlisted shares sorted by industry are under sectors.
See the companies in the catalogue