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Fortnox AB is experiencing robust growth with forecasted annual revenue and earnings increases of 20.2% and 22.6%, respectively, outpacing the Swedish market. Insider activity has been positive, with substantial buying over the past three months and no significant selling. The stock trades at 19.1% below its estimated fair value, suggesting potential upside. Recent earnings reports show strong performance, with Q2 sales of SEK 515 million and net income of SEK 164 million, both up from last year.

• Navigate through the intricacies of Fortnox with our comprehensive analyst estimates report here.

• Our valuation report unveils the possibility Fortnox's shares may be trading at a discount.

Rusta

Simply Wall St Growth Rating: ★★★★★☆

Overview: Rusta AB (publ) retails home and leisure products in Sweden, Norway, Finland, and Germany with a market cap of SEK11.24 billion.

Operations: Rusta AB generates revenue from its operations in Sweden (SEK6.43 billion), Norway (SEK2.39 billion), and other markets (SEK2.41 billion).

Insider Ownership: 10.2%

Rusta AB has demonstrated solid growth, with Q1 2024 earnings showing a net income increase to SEK 231 million from SEK 189 million last year. The company continues its expansion, recently opening its 50th store in Norway and planning further openings. Insider activity has been positive with more shares bought than sold over the past three months. Rusta's revenue and earnings are forecasted to grow faster than the Swedish market, with annual profit growth expected at 21.5%.

• Dive into the specifics of Rusta here with our thorough growth forecast report.

• Our expertly prepared valuation report Rusta implies its share price may be too high.

Where To Now?

• Embark on your investment journey to our 91 Fast Growing Swedish Companies With High Insider Ownership selection here.

• Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools.

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Contemplating Other Strategies?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

Companies discussed in this article include OM:EQT OM:FNOX and OM:RUSTA.

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