Candles Scandinavia AB (publ)

Candles Scandinavia AB (publ)verified

CANDLE-B.ST

Price:

$25.1

Market Cap:

$217.12M

Candles Scandinavia AB (publ) manufactures and sells scented candles based on plant-based wax made of rapeseed oil. It distributes candles under private labels, such as Yankee Candle, WoodWick, Blanche, Olivia & Co, Millefiori Milano, and Leyonore, as well as own brands. The company was founded in 2009 and is based in Örebro, Sweden.

Industry

Household & Personal Products

IPO Date

2021-11-08

Stock Exchange

STO

Ticker

CANDLE-B.ST

The Current Ratio as of December 2025 (TTM) for Candles Scandinavia AB (publ) (CANDLE-B.ST) is 1.23

According to Candles Scandinavia AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 1.23. This represents a change of -32.32% compared to the average of 1.82 of the last 4 quarters.

Candles Scandinavia AB (publ) (CANDLE-B.ST) Historical Current Ratio (quarterly & annually)

How has CANDLE-B.ST Current Ratio performed in the past?

The mean historical Current Ratio of Candles Scandinavia AB (publ) over the last ten years is 1.86. The current 1.23 Current Ratio has changed 6.51% with respect to the historical average. Over the past ten years (40 quarters), CANDLE-B.ST's Current Ratio was at its highest in in the January 2024 quarter at 8.25. The Current Ratio was at its lowest in in the July 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.86

Median

1.61

Minimum

1.26

Maximum

3.69

Candles Scandinavia AB (publ) (CANDLE-B.ST) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Candles Scandinavia AB (publ) Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 89.44%

Maximum Annual Current Ratio = 3.69

Minimum Annual Increase = -49.73%

Minimum Annual Current Ratio = 1.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.86-49.73%
20243.6989.44%
20231.9520.82%
20221.6117.10%
20211.386.64%
20201.292.40%

Candles Scandinavia AB (publ) (CANDLE-B.ST) Average Current Ratio

How has CANDLE-B.ST Current Ratio performed in the past?

The current Current Ratio of Candles Scandinavia AB (publ) (CANDLE-B.ST) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.50

5-year avg

2.10

10-year avg

1.86

Candles Scandinavia AB (publ) (CANDLE-B.ST) Current Ratio vs. Peers

How is CANDLE-B.ST’s Current Ratio compared to its peers?

Candles Scandinavia AB (publ)’s Current Ratio is less than High Coast Distillery AB (Publ) (6.82), less than Clemondo Group AB (publ) (1.43), greater than LifeClean International AB (publ) (1.04), greater than Cedergrenska AB (publ) (1.03), less than New Nordic Healthbrands AB (publ) (1.55), greater than Tellusgruppen AB (publ) (0.60), greater than Umida Group AB ser. B (0.87), greater than Premium Snacks Nordic AB (publ) (1.13), greater than Arctic Blue Beverages AB (publ) (0.56), greater than Nicoccino Holding AB (publ) (0.20),

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