Switch theme
Sign up to access all valuation multiples
Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov, Norstedts Juridik, Notisum, Legal Cross Border, Forlaget Andersen, LEXNordics and DIBkunnskap. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
1867
1.2K+
LTM Revenue $270M
LTM EBITDA $80.6M
$1.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Karnov Group has a last 12-month revenue (LTM) of $270M and a last 12-month EBITDA of $80.6M.
In the most recent fiscal year, Karnov Group achieved revenue of $267M and an EBITDA of $53.0M.
Karnov Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Karnov Group valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $270M | XXX | $267M | XXX | XXX | XXX |
| Gross Profit | $234M | XXX | $231M | XXX | XXX | XXX |
| Gross Margin | 87% | XXX | 87% | XXX | XXX | XXX |
| EBITDA | $80.6M | XXX | $53.0M | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 20% | XXX | XXX | XXX |
| EBIT | $42.7M | XXX | $15.1M | XXX | XXX | XXX |
| EBIT Margin | 16% | XXX | 6% | XXX | XXX | XXX |
| Net Profit | $6.2M | XXX | -$3.4M | XXX | XXX | XXX |
| Net Margin | 2% | XXX | -1% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $235M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, Karnov Group's stock price is SEK 94 (or $10).
Karnov Group has current market cap of SEK 10.1B (or $1.0B), and EV of SEK 12.2B (or $1.3B).
See Karnov Group trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1.3B | $1.0B | XXX | XXX | XXX | XXX | $0.39 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, Karnov Group has market cap of $1.0B and EV of $1.3B.
Karnov Group's trades at 4.7x EV/Revenue multiple, and 23.8x EV/EBITDA.
Equity research analysts estimate Karnov Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Karnov Group has a P/E ratio of 168.5x.
See valuation multiples for Karnov Group and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1.0B | XXX | $1.0B | XXX | XXX | XXX |
| EV (current) | $1.3B | XXX | $1.3B | XXX | XXX | XXX |
| EV/Revenue | 4.7x | XXX | 4.7x | XXX | XXX | XXX |
| EV/EBITDA | 15.7x | XXX | 23.8x | XXX | XXX | XXX |
| EV/EBIT | 29.6x | XXX | 83.9x | XXX | XXX | XXX |
| EV/Gross Profit | 5.4x | XXX | n/a | XXX | XXX | XXX |
| P/E | 168.5x | XXX | -306.4x | XXX | XXX | XXX |
| EV/FCF | 63.4x | XXX | 82.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialKarnov Group's last 12 month revenue growth is 3%
Karnov Group's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.2M for the same period.
Karnov Group's rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Karnov Group's rule of X is 38% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Karnov Group and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 20% | XXX | XXX | XXX |
| EBITDA Growth | 13% | XXX | 23% | XXX | XXX | XXX |
| Rule of 40 | 25% | XXX | 23% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 38% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 81% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Count | XXX | XXX | XXX | XXX | XXX | XXX |
| Kelly Partners Group | XXX | XXX | XXX | XXX | XXX | XXX |
| WT Financial Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Aallon Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Administer | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Karnov Group acquired XXX companies to date.
Last acquisition by Karnov Group was XXXXXXXX, XXXXX XXXXX XXXXXX . Karnov Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Karnov Group founded? | Karnov Group was founded in 1867. |
| Where is Karnov Group headquartered? | Karnov Group is headquartered in Sweden. |
| How many employees does Karnov Group have? | As of today, Karnov Group has 1.2K+ employees. |
| Who is the CEO of Karnov Group? | Karnov Group's CEO is Mr. Pontus Bodelsson. |
| Is Karnov Group publicy listed? | Yes, Karnov Group is a public company listed on STO. |
| What is the stock symbol of Karnov Group? | Karnov Group trades under KAR ticker. |
| When did Karnov Group go public? | Karnov Group went public in 2019. |
| Who are competitors of Karnov Group? | Similar companies to Karnov Group include e.g. Count, Kelly Partners Group, WT Financial Group, Aallon Group. |
| What is the current market cap of Karnov Group? | Karnov Group's current market cap is $1.0B |
| What is the current revenue of Karnov Group? | Karnov Group's last 12 months revenue is $270M. |
| What is the current revenue growth of Karnov Group? | Karnov Group revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Karnov Group? | Current revenue multiple of Karnov Group is 4.7x. |
| Is Karnov Group profitable? | Yes, Karnov Group is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Karnov Group? | Karnov Group's last 12 months EBITDA is $80.6M. |
| What is Karnov Group's EBITDA margin? | Karnov Group's last 12 months EBITDA margin is 30%. |
| What is the current EV/EBITDA multiple of Karnov Group? | Current EBITDA multiple of Karnov Group is 15.7x. |
| What is the current FCF of Karnov Group? | Karnov Group's last 12 months FCF is $19.9M. |
| What is Karnov Group's FCF margin? | Karnov Group's last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of Karnov Group? | Current FCF multiple of Karnov Group is 63.4x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
