Scandinavian Enviro Systems AB (publ) develops, constructs, owns, and operates plants for material recovery of resources from used tires worldwide. Its plants and circular materials include carbon black, oil, steel, and gas for general rubber, tyre, and rubber membrane applications. The company was incorporated in 2001 and is headquartered in Gothenburg, Sweden.

Scandinavian Enviro Systems AB (publ)

Scandinavian Enviro Systems AB focuses on recycling end-of-life tires using pyrolysis technology to recover materials such as carbon black, steel, and oil, which can be reused in the production of new products.

Scandinavian Enviro Systems AB

Scandinavian Enviro Systems AB (publ) | 3,753 followers on LinkedIn. Efficient tyre recycling using patented tech. Recovering valuable resources &amp; limiting the need for fossil exploitation. | Scandinavian Enviro Systems contributes to enhanced environmental and economic sustainability using a patented technology for the recovery of valuable raw materials from scrapped and end-of-life products, including tyres. The production of new tyres using carbon black recovered with Enviro’s technology reduces carbon dioxide emissions by up to 93 per cent compared with the use of virgin carbon black. Enviro has its head office in Gothenburg and a plant for the recycling of end-of-life tyres in Åsensbruk.

Started Enviro

Bengt Sture Ershag

Financial Executive

Urban Folcker

Chairman of the board på Scandinavian Enviro Systems AB (publ)

Alf Blomqvist

Sales Manager at Scandinavian Enviro Systems AB (publ)

Fredrik Olofsson

Enviro CEO Fredrik Emilson to participate at the international Recovered Carbon Black conference.

Enviro has received MSEK 17.6 in additional milestone compensation of which half in shares in the joint venture company.

AnVa Polytech AB recently announced that they have reduced their emissions by over 1,000,000 kg carbon dioxide equivalents, thanks to the use of Enviro’s recovered carbon black. Anva and Enviro’s long-term collaboration has, among other things, resulted in the delivery of over 175 million chassis plugs and body plugs made of environmentally adapted rubber to Volvo Car Corporation and The Volvo Group.

Our JV contractor reports further progress at the plant site in Uddevalla: "The ground and concrete work has advanced at a good pace. L-supports continue to be installed for the upcoming deck layers. The oil containment has been partially completed, and building B1/B4 now has both a roof and walls. The next step is the Pyrolysis slab, Office Building B2, and the Sprinkler slab."

Enviro has appointed Fredrik Aaben as new CFO. Fredrik joins Enviro from his role of Head of Corporate Finance at Volvo Cars, and will take up his new position in November 2024. Read more:

Enviro is one of the companies presenting at this year's edition of the Pareto Securities Energy Conference in Oslo, which begins today. Read more: https://lnkd.in/d8c87vK3

Progress in Uddevalla. Production continues as planned and the team has now begun the assembly of Building B1, which is connected to the main building, B4. Two silos have been lifted and installed in B4, where roofing has also commenced. Video: Robin Jansson , EBC Group.

Half Year Report Scandinavian Enviro Systems AB January – June 2024.

Scandinavian Enviro Systems has received MSEK 25.6 in compensation from the joint venture company after achieving a first predefined milestone linked to the construction of the plant in Uddevalla.

Metric
Company Name	Scandinavian Enviro Systems AB (publ)
Symbol	SES
MSH ID	SE:ENVIROSYSTEMS
Market	STOCKS
Sector	Industrials
Industry	Waste Management
Country	SE
Stage
Employee Count	38
Website	envirosystems.se
LinkedIn	scandinavian-enviro-systems-ab
Founders

Metric
Market Cap	166.47M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	1.28M
Revenue (LTM)
Revenue (NTM)
Gross Profit	-8.57M
EBITDA	-7.16M
Operating Income	-8.57M
Net Income	-8.45M
EPS	-0.01
Diluted EPS	-0.01
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.30
Operating Profit Margin	0.11
EBITDA Margin	-5.61
Net Profit Margin	0.15
Return on Equity	0.05
Return on Assets	0.04
Return on Capital Employed	0.03

SES

SE:ENVIROSYSTEMS

Scandinavian Enviro Systems AB

Last Close

1.93

25/11 09:40

Market Cap

1.82B

Beta: -

Volume Today

322.12K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-14.84
P/B Ratio	3.91
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	148.72
EV Multiple	65.59

Metric
Days Sales Outstanding	324.51
Days Payables Outstanding	2.20K
Days Inventory Outstanding	26.08
Operating Cycle	262.92
Cash Conversion Cycle	137.89
Asset Turnover	0.27

Metric
Operating Cash Flow	-5.29M
Free Cash Flow	-8.86M
Cash Flow to Debt	10.80
Operating Cash Flow/Sales	0.61
Free Cash Flow Yield	-0.08

Metric
Cash & Equivalents	19.66M
Accounts Receivable	-189.12K
Inventory	193.51K
Goodwill
Debt to Capitalization	0.02
Debt to Assets	0.01
Current Ratio	6.36
Quick Ratio	5.18

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue	2.23