Redeye views the Q4 report as a good signal for the future. The company beat our estimates, and the company had a very good 2020 overall. We do minor changes to our near-term forecasts; we have a forecast of sales growth for 2021 of 18 percent with a gross margin of just above 60 percent and an EBIT margin of 17 percent. We see a long-term need for upgrades of communication networks. We have rolled our model one year forward, and our motivated value in the base scenario is adjusted upwards to SEK 20 (17) per share with a range of SEK 12 to 25 per share in the Bear and Bull scenarios.