Karnov Group AB (CHIX:KARS) Beginning Cash Position: kr932 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:KARS Karnov Group AB CHIX:KARS
75 GF Score
Price kr64.30
GF Value kr117.68
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Karnov Group AB Beginning Cash Position?

Karnov Group AB CHIX:KARS 75 Beginning Cash Position is kr932 Mil as of Mar. 2026. GuruFocus rates CHIX:KARS with a GF Score™ of 75/100 and a GF Value™ of kr117.68 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Karnov Group AB's Beginning Cash Position for the quarter that ended in Mar. 2026 was kr932 Mil.

Karnov Group AB's quarterly Beginning Cash Position declined from Sep. 2025 (kr-19 Mil) to Dec. 2025 (kr-63 Mil) but then increased from Dec. 2025 (kr-63 Mil) to Mar. 2026 (kr932 Mil).

Karnov Group AB's annual Beginning Cash Position declined from Dec. 2023 (kr671 Mil) to Dec. 2024 (kr451 Mil) and declined from Dec. 2024 (kr451 Mil) to Dec. 2025 (kr403 Mil).

Karnov Group AB Beginning Cash Position Related Terms

Karnov Group AB Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Karnov Group AB's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Karnov Group AB Beginning Cash Position Chart

Karnov Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.92 951.50 671.20 450.60 402.80

Karnov Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 402.80 139.80 -19.20 -63.40 931.80
CHIX:KARS
75GF Score
Karnov Group AB CHIX:KARS
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karnov Group AB Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of kr932 Mil mean?
Karnov Group AB (CHIX:KARS) has a Beginning Cash Position of kr932 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Karnov Group AB and its competitors.
Is Karnov Group AB's Beginning Cash Position too high?
Karnov Group AB's current Beginning Cash Position is kr932 Mil. Overall, Karnov Group AB has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karnov Group AB's Beginning Cash Position compare to CTAS and CPRT?
Karnov Group AB's Beginning Cash Position of kr932 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Business Services company?
A good Beginning Cash Position depends on the Business Services industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Karnov Group AB and its competitors. Karnov Group AB's current Beginning Cash Position is kr932 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnov Group AB stock overvalued right now?
Based on GuruFocus' analysis, Karnov Group AB (CHIX:KARS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr117.68, compared to a current price of kr64.30 — trading 45.4% below its estimated fair value. The current Beginning Cash Position is kr932 Mil. Karnov Group AB's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Karnov Group AB (CHIX:KARS), the current Beginning Cash Position is kr932 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Karnov Group AB (CHIX:KARS) Overvalued in 2026?

Based on GuruFocus' analysis, Karnov Group AB stock appears to be undervalued. The current stock price of kr64.30 is trading 45.4% below its estimated GF Value™ of kr117.68. GuruFocus considers Karnov Group AB to be Significantly Undervalued.

Key valuation signals for CHIX:KARS:

  • Beginning Cash Position: kr932 Mil
  • GF Value™: kr117.68 vs. price of kr64.30 (45.4% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the CHIX:KARS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Karnov Group AB Business Description

Address Flemminggatan 14, Stockholm, SWE, 112 26
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 Group Denmark, Norstedts Juridik, Aranzadi LA LEY, Lamy Liaisons, Notisum, Echoline, BELLA Intelligence. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.
75GF Score

Get the complete analysis for CHIX:KARS

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr64.30
Price
kr117.68
GF Value