Crane AB
ABActiveOrg 5560882267Tumbavägen 5, 147 43 TumbaManufacture of paper and paperboard· NACE 1712Est. 1963 · 63 years old214 employees
Loading company…
Overview
Crane AB is a Swedish AB based in Tumba, operating in the Manufacture of paper and paperboard sector. Incorporated in 1963, the company has 214 employees and reported revenue of SEK 1.8bn in its latest annual filing.
Revenue 2024
1.8B SEK
+67% vs 2023
EBITDA margin
9.7 %
−9% vs 2023
Net profit 2024
0.1B SEK
-10% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
57.2 %
StrongAmong the 40% highest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
2.0×
AverageAround the average of companies in the same industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
11.8 %
StrongAmong the 30% highest rated companies in the industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 1.8B SEK | +67% |
| EBITDA | 0.2B SEK | -9% |
| Net profit | 0.1B SEK | -10% |
| Total assets | 1.2B SEK | +28% |
| Equity | 0.7B SEK | -8% |
| Employees | 214 | — |
Company information
Legal name
Crane AB
Org number
5560882267
Legal form
Aktiebolag
NACE code
Founded
4 July 1963 · 63 years
Share capital
SEK 86,000,000
Employees
214 (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 tillverka sedelpapper och trycka sedlar samt i övrigt bedriva papperstillverkning och tryckeriverksamhet samt idka därmed förenlig verksamhet.
(no translation available)
Contact
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), Crane AB reported revenue of SEK 1.8bn, an increase of 67% 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 139.7m, and the EBITDA margin stood at 9.7%.
At the end of 2024, equity financed 57.2% of the balance sheet, and current assets covered short-term debt 2 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1,825,734 | 1,094,503 | 1,058,120 | 1,713,733 | 2,018,622 |
| Staff expenses | -195,662 | -176,526 | — | — | — |
| EBITDA | 177,472 | 194,400 | 118,994 | 226,381 | 68,172 |
| Depreciation & amort. | -22,390 | -40,529 | -18,997 | -17,585 | -17,202 |
| EBIT | 155,082 | 153,871 | 99,997 | 208,796 | 50,970 |
| Net financials | 13,989 | 1,392 | 3,039 | 3,549 | -79,636 |
| Profit before tax | 169,071 | 155,263 | 103,037 | 212,345 | 34,210 |
| Tax | -29,421 | -0 | -0 | -0 | -0 |
| Net profit | 139,650 | 155,263 | 103,037 | 212,345 | 34,210 |
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 | 1,184,539 | 922,404 | 844,645 | 842,970 | 979,897 |
| Equity | 677,415 | 737,765 | 582,502 | 479,466 | 267,121 |
| Long-term debt | 0 | 0 | 104,175 | 174,224 | 361,655 |
| Short-term debt | 507,029 | 184,638 | 157,968 | 189,280 | 351,122 |
| Total debt | 507,029 | 184,638 | 262,143 | 363,504 | 712,777 |
Financial ratios
5-year trendEBITDA margin
9.7 %
20202024
Equity ratio
57.2 %
StrongAmong the 40% highest rated companies in the industry
20202024
Return on equity
20.6 %
StrongAmong the 40% highest rated companies in the industry
20202024
Net profit margin
7.6 %
StrongAmong the 40% highest rated companies in the industry
20202024
Asset turnover
1.54×
AverageAround the average of companies in the same industry
20202024
Debt / equity
0.75×
AverageAround the average of companies in the same 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 marginVery weak
Among the 10% 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 marginStrong
Among the 40% highest rated companies in the 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 marginStrong
Among the 40% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 40% 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 30% 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 40% 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 ratioVery strong
Among the 20% 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 equityAverage
Around the average of companies in the same 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 capitalStrong
Among the 40% highest 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 ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% highest 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 equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same 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 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 10% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery strong
Among the 20% highest 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 30% 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 turnoverAverage
Around the average of companies in the same 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 equityWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery weak
Among the 10% lowest rated companies in the 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) | ||
MP Chief Executive Officer | Chief Executive Officer | 2024 |
AV Chief Auditor | Chief Auditor | 2024 |
Former (3)
KA Chief Auditor | Chief Auditor | 2020 – 2024 |
SK Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
ME External Signatory | External Signatory | 2020 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
JO Board of Directors | Board of Directors | 2024 |
MP Board of Directors | Board of Directors | 2024 |
SG Chairman | Chairman | 2026 |
Former (6)
RW Board of Directors | Board of Directors | 2020 – 2025 |
SK Board of Directors | Board of Directors | 2020 – 2024 |
EM Deputy Board Member | Deputy Board Member | 2020 – 2024 |
MM Board of Directors | Board of Directors | 2020 – 2024 |
ME Board of Directors | Board of Directors | 2024 – 2024 |
AW Chairman | Chairman | 2025 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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
Crane Holding AB
Crane AB Board network connections
Board members of Crane AB also hold positions in 159 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Konstantinos Andreas Frountzos | Chief Auditor | 116 companiesMany roles |
| Andreas Vallentin | Chief Auditor | 35 companiesMany roles |
| Jonas Olof Nyman | Board of Directors | 3 companies |
| Magnus Per Einar Gyllenrapp | Chief Executive Officer | 2 companies |
| Maria Elisabet Waage | External Signatory | 1 company |
| Richard Wilkinson | Board of Directors | 1 company |
| Samuel George Keayes | Chairman | 1 company |
Frequently asked questions
What is the Org number of Crane AB?
Crane AB is registered with Bolagsverket / SCB under Org 5560882267.
What is the revenue of Crane AB?
Crane AB reported revenue of SEK 1.8bn in 2024.
How many employees does Crane AB have?
Crane AB employs 214 people as of the latest annual report.
Who is the CEO of Crane AB?
Magnus Per Einar Gyllenrapp is the CEO of Crane AB, in role since 2024.
Who is the chairman of Crane AB?
Samuel George Keayes chairs the board of Crane AB, in role since 2026.
Where is Crane AB headquartered?
Crane AB's registered address is Tumbavägen 5.