Almanakka has written about Harvia following the Q4 results 
I and other Google Trends watchers let our expectations get a bit too high ahead of the fourth quarter. It definitely didn’t go poorly, but a valuation like this cannot withstand even minor disappointments. Somewhat surprisingly, the most positive surprise of the quarter was found in the domestic markets as Northern Europe returned to strong growth, while at the same time North America appeared more subdued, at least on the surface. After a 10% correction, the company is still at 18x the trailing 12-month operating profit.