VPK Packaging AB
ABActiveAdvertising protectionOrg 5560335423Lindövägen 76, 602 28 NorrköpingManufacture of corrugated paper, paperboard and containers of paper and paperboard· NACE 1721Est. 1934 · 91 years old221 employees
Loading company…
Overview
VPK Packaging AB is a Swedish AB based in Norrköping, operating in the Manufacture of corrugated paper, paperboard and containers of paper and paperboard sector. Incorporated in 1934, the company has 221 employees and reported revenue of SEK 642.9m in its latest annual filing.
Revenue 2024
642.9M SEK
−11% vs 2023
EBITDA margin
9.0 %
−46% vs 2023
Net profit 2024
30.4M SEK
-48% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
24.6 %
WeakAmong the 30% lowest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
1.9×
WeakAmong the 40% lowest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
11.2 %
StrongAmong the 30% highest rated companies in the industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 642.9M SEK | -11% |
| EBITDA | 57.7M SEK | -46% |
| Net profit | 30.4M SEK | -48% |
| Total assets | 272.3M SEK | -8% |
| Equity | 67M SEK | -31% |
| Employees | 221 | — |
Company information
Legal name
VPK Packaging AB
Org number
5560335423
Legal form
Aktiebolag
Founded
7 November 1934 · 91 years
Share capital
SEK 6,000,000
Employees
221 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas två i förening av ledamöterna Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget skall producera och marknadsföra wellpappemballage.
(no translation available)
Contact
Address
Lindövägen 76, 602 28 Norrköping
Phone
+46701850302
Email
linda.radstrom@vpkgroup.com
Advertising protection
Active — opted out of marketing use
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2024), VPK Packaging AB reported revenue of SEK 642.9m, a decrease of 11% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of SEK 30.4m, and the EBITDA margin stood at 9%.
At the end of 2024, equity financed 24.6% of the balance sheet, and current assets covered short-term debt 1.9 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 642,929 | 724,083 | 745,769 | 628,464 | 582,391 |
| Staff expenses | -156,648 | — | — | — | — |
| EBITDA | 57,692 | 106,993 | 63,133 | 50,181 | 47,336 |
| Depreciation & amort. | -15,323 | -16,758 | -17,395 | -18,484 | -18,834 |
| EBIT | 42,369 | 90,235 | 45,738 | 31,697 | 28,502 |
| Net financials | -252 | -925 | -1,712 | -571 | -1,003 |
| Profit before tax | 38,463 | 72,838 | 33,690 | -465 | 17,499 |
| Tax | -8,080 | -14,932 | -6,993 | 239 | -3,538 |
| Net profit | 30,383 | 57,906 | 26,697 | -226 | 13,961 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 272,285 | 297,182 | 257,997 | 256,465 | 208,088 |
| Equity | 66,995 | 96,612 | 88,706 | 112,009 | 112,234 |
| Long-term debt | 0 | 0 | 0 | 0 | 734 |
| Short-term debt | 99,318 | 103,897 | 94,720 | 86,365 | 74,721 |
| Total debt | 99,318 | 103,897 | 94,720 | 86,365 | 75,455 |
Financial ratios
5-year trendEBITDA margin
9.0 %
20202024
Equity ratio
24.6 %
WeakAmong the 30% lowest rated companies in the industry
20202024
Return on equity
45.4 %
Very strongAmong the 20% highest rated companies in the industry
20202024
Net profit margin
4.7 %
AverageAround the average of companies in the same industry
20202024
Asset turnover
2.36×
StrongAmong the 30% highest rated companies in the industry
20202024
Debt / equity
3.06×
WeakAmong the 40% lowest rated companies in the industry
20202024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 40% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 30% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 40% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityWeak
Among the 30% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 10% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 40% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 30% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalAverage
Around the average of companies in the same industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2024Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
PO Chief Executive Officer | Chief Executive Officer | 2025 |
JM Chief Auditor | Chief Auditor | 2020 |
Former (3)
AN Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
PA Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
HP Chief Auditor | Chief Auditor | 2020 – 2020 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
PO Board of Directors | Board of Directors | 2025 |
PF Chairman | Chairman | 2025 |
MK Deputy Board Member | Deputy Board Member | 2020 |
SM Deputy Board Member | Deputy Board Member | 2020 |
KJ Board of Directors | Board of Directors | 2020 |
MH Board of Directors | Board of Directors | 2024 |
PO Board of Directors | Board of Directors | 2020 |
Former (11)
LI Deputy Board Member | Deputy Board Member | 2020 – 2022 |
WB Board of Directors | Board of Directors | 2022 – 2023 |
PM Chairman | Chairman | 2020 – 2024 |
AN Board of Directors | Board of Directors | 2022 – 2024 |
TS Board of Directors | Board of Directors | 2020 – 2021 |
PA Board of Directors | Board of Directors | 2024 – 2025 |
HB Chairman | Chairman | 2024 – 2024 |
DO Board of Directors | Board of Directors | 2020 – 2020 |
OM Board of Directors | Board of Directors | 2020 – 2020 |
DJ Chairman | Chairman | 2024 – 2025 |
DJ Board of Directors | Board of Directors | 2020 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2025 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Peterson Holding AS100%
VPK Packaging AB (this company)Board network connections
Board members of VPK Packaging AB also hold positions in 544 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Hans Peter von Knorring | Chief Auditor | 415 companiesMany roles |
| John Magnus Johansson | Chief Auditor | 111 companiesMany roles |
| Pierre Macharis | Chairman | 4 companies |
| Per Oredsson | Chief Executive Officer | 3 companies |
| Morten Harlem | Board of Directors | 3 companies |
| Anders Niclas Isaksson | Chief Executive Officer | 2 companies |
| Patrick Filip J. Leclercq | Chairman | 2 companies |
| Denis Jean P Zenner | Chairman | 2 companies |
| Dirk Ockerman | Board of Directors | 1 company |
| Dan Johannessen | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of VPK Packaging AB?
VPK Packaging AB is registered with Bolagsverket / SCB under Org 5560335423.
What is the revenue of VPK Packaging AB?
VPK Packaging AB reported revenue of SEK 642.9m in 2024.
How many employees does VPK Packaging AB have?
VPK Packaging AB employs 221 people as of the latest annual report.
Who is the CEO of VPK Packaging AB?
Per Oredsson is the CEO of VPK Packaging AB, in role since 2025.
Who is the chairman of VPK Packaging AB?
Patrick Filip J. Leclercq chairs the board of VPK Packaging AB, in role since 2025.
Where is VPK Packaging AB headquartered?
VPK Packaging AB's registered address is Lindövägen 76.