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GN Store Nord Q4-25: Steady as she goes
On report day, the market wiped 15% off the stock over short-term guidance fears. But are investors ignoring the underlying cash engine? Here is the…
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Carasent Q4-25: Why I am buying the fear
The market believes AI will kill SaaS, but Carasent just delivered a Q4-25 that proves the fear is dead wrong. Carasent provides asymmetric upside…
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Vitec Q4-25: The compounder strikes back
The boring compounder just woke up, delivering a report that sent the stock soaring 15%. In this deep dive, I look past the headlines to explain why the…
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The Next Phase: Why I am "Going Paid"
To take my deep-dive analysis to the next level, I am launching a paid tier. I wanted to share the game plan and a special 'Charter Member' offer to…
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Hexatronic Q4-2025: The Fallen Angel has stopped falling
Q4 confirms that the bottom is in. While headline sales were flat, the underlying engine grew 10% organically, powered by a 62% surge in Data Centers…
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Evolution Q4-25: A floor, not a victory lap
The Q4 report confirms that the bleeding has stopped, but we aren't fully in the clear yet. While Asia has stabilized and the US engine is showing…
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The Q4-2025 earnings preview
Where the story stands for the companies that I have analyzed, and what I will be watching for in their upcoming Q4 reports.
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Ovzon AB: Compounder of the New Space Race
While the market chases LEO volume, this Swedish small-cap has cornered the market on stealth, creating a unique asymmetric opportunity in the defense…
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Fjord Alpha's outlook into 2026
My observations on the 2026 investment landscape and a status report on our core Nordic theses.
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GN Store Nord: Thesis and mispricing intact
Q3 2025 validates the turnaround narrative while the market still prices GN like a distressed cyclical.
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Hexatronic: Fallen Angel offers asymmetric opportunity
A deep dive into the battered Swedish fiber compounder, the aftermath of a short-seller attack, and the coiled spring of US infrastructure spending.
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Embracer: The great unbundling
Coffee Stain IPO's on the 11th of December, thereby splitting Embracer Group into two parts. Here is why this is likely to unlock value for…
 • Fjord Alpha
Fjord Alpha
Fjord Alpha
Deep dives on Northern European mid-caps seeking non-consensus ideas and targeting 20%+ CAGR. Private investor with Nordic roots. Independent and long-term perspective.
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