WinstonWınston
Back
High Coast Distillery AB (Publ) logo

High Coast Distillery AB (Publ)

HIGHCO-B.ST
27
Beverages - Wineries & Distilleries · Consumer Defensive
Exchange
Stockholm Stock Exchange
Winston Score
27
Winston is worried
Below-average fundamentals — multiple weak pillars.
Data as of Aug 23, 2026 · filings through Mar 31, 2026
How the score breaks down
Quality
Mixed
Growth
Weak
Cash Flow
Weak
Stability
Good
Valuation
Weak

Winston Score History

The full picture

High Coast Distillery is a Swedish company that makes whisky and other spirits. It operates a distillery on the High Coast of northern Sweden, a UNESCO World Heritage site, and sells its products to consumers who buy premium and craft spirits. The company is one of the few whisky producers in Scandinavia and focuses on single malt whisky as its flagship product.

The company earns money by selling bottles of whisky and other spirits, primarily in Sweden but also through exports to international markets. Its location and the UNESCO heritage branding give it a distinct identity in a crowded craft spirits market, though its small size limits pricing power and distribution reach compared to large global spirits companies. The main growth driver is expanding export sales, particularly to whisky enthusiasts in Europe and Asia, but the main risk is that demand for premium craft spirits can slow quickly when consumers cut back on discretionary spending.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+24.5% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+161.9% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

44.1%ownership

Flat

Insider ownership roughly steady over the past year

Cash Runway

~1 months

kr 1M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Short runway — potential dilution ahead through share issuance

Cash watch

High Coast Distillery AB (Publ) has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
12.9%
Thin — 12.9% gross margin
Profit after running costs
Operating Margin
12.9%
Healthy — 12.9% operating margin
Return on the money invested
ROCE
5.0%
Weak — 5.0% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-1.5%
Shrinking sales (-1.5% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
-299%
Weak — only -299% of profit becomes cash
Spare cash per sale
FCF Margin
-20.3%
Burning cash (-20.3%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.77
Moderate — manageable debt (0.77)
Covers its interest
Interest Cover
2.68x
Tight — interest eats into profit (2.7x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
59.6x
no trend
Expensive — P/E 59.6

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial