Storsala shares
Unlisted company
Storsala is a real estate company that develops, acquires and manages residential and commercial properties in Sweden. The company originated in the development of new tenant-owned apartments and has since broadened its operations to also include rental properties and commercial spaces. Its operations cover the entire value chain, from land acquisition and project development to construction and property management.
How the company makes money
Revenue is generated through three main streams: sales of newly developed tenant-owned apartments, property management income from its own rental and commercial properties, and construction contract sales. Tenant-owned apartments are sold by acquiring land, planning and developing homes that are then sold to tenant-owners’ associations. Property management operations are conducted through the partly owned management company Proper Förvaltning, which manages both the Group’s own properties and external assignments.
Market and presence
The company operates in the Swedish market, focusing on the Stockholm region and selected growth areas. All properties must be reachable from the head office within a reasonable travel time, which defines the geographical scope of its operations.
How the company grows
The growth strategy is based on expanding the property portfolio through acquisitions of land and existing properties, accelerating the development of new homes, and growing the property management business. The company finances its expansion through a combination of equity raised via new share issues and structured capital, with the long-term ambition of creating a balance between project revenue from new development and recurring property management income.
Revenue model
Tenant-owned apartments, property management and construction contracts
Integrated value chain, from land to property management
Residential and commercial spaces
Market and ownership
The Stockholm region and Swedish growth areas
Proper Förvaltning accepts external assignments
Public limited company, founder remains operationally involved
Financial performance
Published 20 October 2026Published figures from the company’s own reports. Amounts in MSEK · change from the previous year
- Cash and bank 2025-12-31
- 96MSEK
- Burn rate
- 17MSEK/mo
- Runway
- 6mo
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Net sales | 108(-21.4 %) | 137(+29.9 %) | 105(+20.9 %) | 87(+60 %) |
| Revenue growth | -21.4%(-51.3 pp) | 29.9%(+9 pp) | 20.9%(-39 pp) | 60%(-39,023.5 pp) |
| EBITDA | 66(+528.3 %) | 10 | – | 62(-7.2 %) |
| EBIT | 63(+666.2 %) | 8.3(-41.5 %) | 14(-77.3 %) | 62(-7.2 %) |
| Net income | 28 | -19(-548.4 %) | 4.3(-93 %) | 62(+3.4 %) |
| Equity | 589(+123.9 %) | 263(+22.6 %) | 214(-11.7 %) | 243(+34.1 %) |
| Cash and bank | 96(+82.5 %) | 52(+54.4 %) | 34(-1.9 %) | 35(-32.8 %) |
| Operating cash flow | -202 | -79 | – | – |
Documents and reports
4New share issues
Latest 1An overview of the company’s capital raising.
| Date | Capital raised | Valuation |
|---|---|---|
| SEK 158m | SEK 1bn |
Questions about Storsala
Is Storsala listed on a stock exchange?
No, Storsala is a public limited company, but it is not listed on a stock exchange. The company has not completed an IPO, and its shares are therefore not traded on a regulated stock exchange, but on the unlisted market.
What does Storsala do?
Storsala is a Swedish real estate company engaged in property development, new residential construction, property trading, and property management. Its operations are conducted through subsidiaries and encompass housing cooperatives, rental properties, and commercial properties.
Can I buy shares in Storsala?
Yes, it is possible to buy shares in Storsala through trading in unlisted shares, provided there are sellers. Via Eqvor, you can place a buy order and be matched with sellers in the unlisted market.
How do I sell shares in Storsala?
If you own shares in Storsala, you can place a sell order via Eqvor and be matched with buyers. Once the transaction has been completed, the shares are transferred in accordance with the company’s Euroclear-connected custody structure.
Is Storsala affiliated with Euroclear?
Yes, Storsala is affiliated with Euroclear. This means that the shares are managed within the Swedish securities system and can be delivered to a custody account with any bank or investment firm once the transaction has been completed.
Can I hold Storsala shares with Avanza or Nordnet?
Yes, since Storsala is affiliated with Euroclear, the shares can normally be held in a securities account with, for example, Avanza or Nordnet, provided that the bank or online broker supports the custody of unlisted shares.
Does Storsala have any right-of-first-refusal or pre-emption clauses?
The available company information does not indicate whether Storsala is subject to any rights of first refusal or pre-emption rights. If such terms exist, they are handled in connection with any transfer of shares in accordance with the company’s shareholders’ agreement or articles of association.
At what price is the Storsala share traded?
Since Storsala is not listed on a stock exchange, there is no official share price on a regulated marketplace. Instead, the price is determined by supply and demand among buyers and sellers in the private market.
When will Storsala be listed on the stock exchange?
There is currently no publicly announced timetable for a stock market listing of Storsala. We therefore do not currently know when Storsala may be listed or whether the company will conduct an IPO.
What are the risks of investing in Storsala?
Investing in Storsala involves risk, just like other investments in unlisted shares. The company's value may be affected by property values, interest rates, leverage, construction costs, occupancy rates, project development, land allocations, and demand for residential and commercial premises. Trading in unlisted shares also normally entails lower liquidity than trading in listed shares.
Where can I find Storsala's annual report?
Storsala's financial reports can be found under Investor Relations and Financial Reports. The company's annual accounts are available for download there. If a separate annual report is provided in the future, it should be available in the same section.
Has Storsala carried out any share issues?
Yes, Storsala has raised capital and previously carried out new share issues. Storsala’s Capital raised is stated as SEK 416 million, which shows how much capital the company has raised through previous financing.
How much capital has Storsala raised in total?
Storsala’s Capital raised is stated as SEK 416 million. An equity raise is a term for raising capital, while terms such as funding round, financing, or share issue are also commonly used.
Has Storsala reported a profit or a loss?
Storsala reports a negative result in the latest available information. Under Key figures, EBITDA is stated as TSEK 10,454 and net income as TSEK -19,379. The company’s earnings trend is also shown in the Results by year chart.