Hydroware AB
ABActiveOrg 5560438524Fabriksgatan 13, 342 32 AlvestaManufacture of lifting and handling equipment· NACE 2822Est. 1944 · 82 years old200-499 employees
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Overview
Hydroware AB is a Swedish AB based in Alvesta, operating in the Manufacture of lifting and handling equipment sector. Incorporated in 1944, the company reported revenue of SEK 553.6m in its latest annual filing.
Revenue 2025
553.6M SEK
+5% vs 2024
EBITDA margin
7.6 %
+228% vs 2024
Net profit 2025
8.8M SEK
-2% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
36.0 %
WeakAmong the 40% lowest rated companies in the industry
20222025
Liquidity ratioCurrent assets ÷ Short-term debt
2.6×
AverageAround the average of companies in the same industry
20222025
Return on assets (ROA)Net profit ÷ Total assets × 100
3.5 %
AverageAround the average of companies in the same industry
20222025
EBITDA — year on year
SEK millionsKey figures
Annual report 2025| Revenue | 553.6M SEK | +5% |
| EBITDA | 42.3M SEK | +228% |
| Net profit | 8.8M SEK | -2% |
| Total assets | 254.1M SEK | +3% |
| Equity | 91.6M SEK | +11% |
| Employees | — | — |
Company information
Legal name
Hydroware AB
Org number
5560438524
Legal form
Aktiebolag
NACE code
Founded
27 May 1944 · 82 years
Share capital
SEK 2,317,200
Employees
200-499
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
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 utveckla, tillverka och försälja produkter och tjänster inom hiss- och hydraulteknik, förvaltning av värdepapper samt därmed förenlig verksamhet.
(no translation available)
Contact
Address
Fabriksgatan 13, 342 32 Alvesta
Phone
+4647245110
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Financial development
In its most recent annual report (2025), Hydroware AB reported revenue of SEK 553.6m, an increase of 5% on the year before. The figures on this page draw on 5 annual filings covering 2022 to 2025. The bottom line showed a net profit of SEK 8.8m, and the EBITDA margin stood at 7.6%.
At the end of 2025, equity financed 36% of the balance sheet, and current assets covered short-term debt 2.6 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 553,559 | 526,396 | 313,505 | 434,825 | 370,186 |
| Staff expenses | -123,551 | -114,611 | — | — | — |
| EBITDA | 42,288 | 12,910 | 22,480 | 29,052 | 26,030 |
| Depreciation & amort. | -3,381 | -5,421 | -1,223 | -1,809 | -1,350 |
| EBIT | 38,907 | 7,489 | 21,257 | 27,243 | 24,680 |
| Net financials | -2,664 | -1,887 | 2,532 | -502 | 2,486 |
| Profit before tax | 10,993 | 12,002 | 10,739 | 22,741 | 22,650 |
| Tax | -2,183 | -3,028 | -1,999 | -4,968 | -4,473 |
| Net profit | 8,810 | 8,974 | 8,740 | 17,773 | 18,177 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 | 2023 | 2023 | 2022 |
|---|---|---|---|---|---|
| Total assets | 254,115 | 247,421 | 199,855 | 187,226 | 145,170 |
| Equity | 91,607 | 82,797 | 75,573 | 66,832 | 50,349 |
| Long-term debt | 50,000 | 50,000 | 17,000 | 17,000 | 408 |
| Short-term debt | 83,829 | 81,282 | 69,370 | 62,331 | 57,350 |
| Total debt | 133,829 | 131,282 | 86,370 | 79,331 | 57,758 |
Financial ratios
5-year trendEBITDA margin
7.6 %
20222025
Equity ratio
36.0 %
WeakAmong the 40% lowest rated companies in the industry
20222025
Return on equity
9.6 %
AverageAround the average of companies in the same industry
20222025
Net profit margin
1.6 %
AverageAround the average of companies in the same industry
20222025
Asset turnover
2.18×
StrongAmong the 30% highest rated companies in the industry
20222025
Debt / equity
1.77×
WeakAmong the 40% lowest rated companies in the industry
20222025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% 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)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same 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 30% 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 ratioAverage
Around the average of companies in the same 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 ratioWeak
Among the 40% 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 capitalAverage
Around the average of companies in the same 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 ratioVery strong
Among the 10% 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 40% 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 40% 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 debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same 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 marginAverage
Around the average of companies in the same 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 turnoverAverage
Around the average of companies in the same 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 capitalStrong
Among the 30% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 40% highest 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 2025Filed via Bolagsverket / SCB · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Bolagsverket / SCB · Period 2023-05-01 – 2023-12-31
- Annual report 2023Filed via Bolagsverket / SCB · Period 2022-05-01 – 2023-04-30
- Annual report 2022Filed via Bolagsverket / SCB · Period 2021-05-01 – 2022-04-30
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
LM Chief Auditor | Chief Auditor | 2026 |
PO Chief Executive Officer | Chief Executive Officer | 2022 |
Former (3)
SK Audit | Audit | 2024 – 2026 |
UR Audit | Audit | 2022 – 2024 |
BH Chief Auditor | Chief Auditor | 2020 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
AV Board of Directors | Board of Directors | 2025 |
CR Board of Directors | Board of Directors | 2025 |
PK Chairman | Chairman | 2022 |
PO Board of Directors | Board of Directors | 2022 |
Former (12)
JP Board of Directors | Board of Directors | 2020 – 2022 |
DI Board of Directors | Board of Directors | 2022 – 2025 |
MW Board of Directors | Board of Directors | 2020 – 2020 |
LE Deputy Board Member | Deputy Board Member | 2020 – 2022 |
CJ Board of Directors | Board of Directors | 2022 – 2023 |
NR Chairman | Chairman | 2020 – 2022 |
KÅ Board of Directors | Board of Directors | 2020 – 2021 |
FG Board of Directors | Board of Directors | 2021 – 2022 |
KA Board of Directors | Board of Directors | 2020 – 2022 |
LM Board of Directors | Board of Directors | 2020 – 2020 |
MA Board of Directors | Board of Directors | 2020 – 2022 |
PU Board of Directors | Board of Directors | 2022 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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Hydroware AB (this company)Hydroware GmbH100% ownedHydroware Netherlands Bv100% ownedHydroware SRL100% ownedHisstema Aktiebolag100% ownedHydroware (uk) LTD100% ownedHydroware Gmbh100% ownedHydroware Corp100% ownedHydroware Srl100% ownedHydroware (Uk) Ltd100% ownedHydroware Netherlands BV100% ownedBoard network connections
Board members of Hydroware AB also hold positions in 442 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ulf Roger Lindesson | Audit | 175 companiesMany roles |
| Lisa Maria Tenggren | Chief Auditor | 87 companiesMany roles |
| Björn Henrik Edvard Bergljung | Chief Auditor | 68 companiesMany roles |
| Carl Johan Kristian Pålsson | Board of Directors | 23 companiesMany roles |
| Kjell Åke Johansson | Board of Directors | 21 companiesMany roles |
| Per Kurt Einar Nordgren | Chairman | 17 companiesMany roles |
| Per Oscar Elgborn | Chief Executive Officer | 8 companiesMany roles |
| Daniel Isak Nejman | Board of Directors | 7 companiesMany roles |
| Jan Pontus Ärlerud | Board of Directors | 6 companiesMany roles |
| Carl Robin Westberg | Board of Directors | 6 companiesMany roles |
| Nils Ronny Jörgen Linell | Chairman | 5 companies |
| Anders Viking Björkell | Board of Directors | 5 companies |
| Karl Agne Martin Starkman | Board of Directors | 4 companies |
| Sofie Katrin Moding | Audit | 3 companies |
| Leif Erik Johansson | Deputy Board Member | 3 companies |
| Marcus Anders Lönnö | Board of Directors | 2 companies |
| Mats Willy Christian Flygare | Board of Directors | 1 company |
| Fritz Gunnar Marcus Larsson | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Hydroware AB?
Hydroware AB is registered with Bolagsverket / SCB under Org 5560438524.
What is the revenue of Hydroware AB?
Hydroware AB reported revenue of SEK 553.6m in 2025.
Who is the CEO of Hydroware AB?
Per Oscar Elgborn is the CEO of Hydroware AB, in role since 2022.
Who is the chairman of Hydroware AB?
Per Kurt Einar Nordgren chairs the board of Hydroware AB, in role since 2022.
Where is Hydroware AB headquartered?
Hydroware AB's registered address is Fabriksgatan 13.