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Fourth Quarter and Full-Year 2023 Highlights

Year-End Release 2023

”2023 was a challenging year. Several of our companies did not meet our performance expectations, which is reflected in the weak development of our Net Asset Value during the year. On the other hand, we doubled down in our highest-conviction companies, taking advantage of our strong financial position and permanent capital allowing us to invest when many need to exit. We made selected new investments in our focus sectors, and we limited deployment into companies lacking traction. As a result, we headed into 2024 with a stronger and more concentrated portfolio, and with a SEK 7.9bn net cash position.”

Georgi Ganev, CEO of Kinnevik

Kinnevik in numbers


Sek, Net asset value


Nav per share


Change in nav Q/Q


Change in nav Y/Y


1 year TSR


5 year TSR

Conference Call 10am CET

Welcome to listed to the conference call presenting the fourth quarter and full year results 2023.

Link to webcast

Those who wish to participate in the teleconference are welcome to register via the below link. Participants will receive dial-in numbers and confirmation code upon registration. Please make sure to register and dial in a few minutes before the teleconference begins.

Link to teleconference