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Annual and Sustainability Report 2023

Record revenue and increased margin driven by product development and a resilient business model

“With a total of over 500 million visits to our platforms during the year, and our listings receiving on average 19 times more visits than those of our nearest competitor, Hemnet is the largest and most relevant hub in the country for marketing or locating homes.”

Cecilia Beck-Friis, CEO

Read the CEO letter

2023 in numbers

1 BSEK

Net sales (+13%)

526 MSEK

Adjusted EBITDA (+17%)

4,490 SEK

Average revenue per listing (ARPL) +37%

Our sustainability efforts during 2023

  • Conducted a comprehensive mapping of our greenhouse gas emissions.
  • Had our long-term goal to achieve net-zero emissions by 2050 approved by the Science Based Targets initiative.
  • Integrated energy labeling into  listings on Hemnet to help our visitors make sustainable housing choices.
  • Formed an internal group for diversity, inclusion, and community with the aim of strengthening Hemnet's commitment to these important areas.
  • Launched a comprehensive leadership training program in which all leaders participated.
  • Enhanced our community engagement through initiatives such as offering employees opportunities for volunteer work with Stockholm City Mission, organizing a fundraising campaign for Sweden for UNHCR, and using our platforms to raise awareness of the important issues these organizations address.