FlexLink AB
ABActiveOrg 5562408293Byfogdegatan 11, 415 05 GöteborgWholesale of other machinery and equipment· NACE 4664Est. 1984 · 42 years old135 employees
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Overview
FlexLink AB is a Swedish AB based in Göteborg, operating in the Wholesale of other machinery and equipment sector. Incorporated in 1984, the company has 135 employees and reported revenue of SEK 1.1bn in its latest annual filing.
Revenue 2025
1.1B SEK
+95871% vs 2024
EBITDA margin
29.0 %
+243459% vs 2024
Net profit 2025
-0B SEK
-38220% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
30.2 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.8×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
-3.0 %
WeakAmong the 30% lowest rated companies in the industry
20212025
EBITDA — year on year
SEK millionsKey figures
Annual report 2025| Revenue | 1.1B SEK | +95871% |
| EBITDA | 0.3B SEK | +243459% |
| Net profit | -0B SEK | -38220% |
| Total assets | 0.9B SEK | +89084% |
| Equity | 0.3B SEK | +76915% |
| Employees | 135 | — |
Company information
Legal name
FlexLink AB
Org number
5562408293
Legal form
Aktiebolag
NACE code
Founded
1 March 1984 · 42 years
Share capital
SEK 1,000,000
Employees
135 (FTE)
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 externa firmatecknaren Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget har till föremål för sin verksamhet att, direkt eller indirekt genom dotterföretag verka inom industriell automation, tillverka, uppföra och idka handel med verkstadsmekaniska industriprodukter, transportörsystem samt anordningar för plockning och placering av olika varor, vägning, mätning och kontroll, att utveckla, underhålla samt idka handel med datorprogram, datormaskin- samt programvaror, att tillhandahålla tekniska projektstudier, konstruktionslösningar, ritningar, service, utbildningar, finansiella samt monetära tjänster, att äga och förvalta fast egendom, aktier och andelar i andra företag samt att bedriva annan därmed förenlig verksamhet.
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Contact
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Financial development
In its most recent annual report (2025), FlexLink AB reported revenue of SEK 1.1bn, an increase of 95871% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of SEK 27.8m, and the EBITDA margin stood at 29%.
At the end of 2025, equity financed 30.2% of the balance sheet, and current assets covered short-term debt 1.8 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 1,097,176 | 1,143 | 1,143,242 | 982,584 | 981,696 |
| Staff expenses | -0 | -318 | — | — | — |
| EBITDA | 318,434 | 131 | 130,742 | 147,719 | 251,595 |
| Depreciation & amort. | -276,154 | -0 | — | — | — |
| EBIT | 42,280 | 131 | 130,742 | 147,719 | 251,595 |
| Net financials | -90,066 | -17 | -56,888 | -47,812 | 2,012 |
| Profit before tax | -6,905 | 108 | 108,282 | 137,748 | 227,670 |
| Tax | -20,872 | -35 | -35,414 | -37,695 | -42,911 |
| Net profit | -27,777 | 73 | 72,868 | 100,053 | 184,759 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 926,788 | 1,039 | 1,291,762 | 1,460,417 | 1,582,377 |
| Equity | 279,869 | 363 | 624,949 | 834,724 | 930,451 |
| Long-term debt | 377,945 | 41 | 1,105 | 1,113 | 1,023 |
| Short-term debt | 243,800 | 304 | 256,453 | 235,346 | 258,030 |
| Total debt | 621,745 | 345 | 257,558 | 236,459 | 259,053 |
Financial ratios
5-year trendEBITDA margin
29.0 %
20212025
Equity ratio
30.2 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
-9.9 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Net profit margin
-2.5 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Asset turnover
1.18×
AverageAround the average of companies in the same industry
20212025
Debt / equity
2.31×
WeakAmong the 40% lowest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 30% highest 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 marginWeak
Among the 30% lowest 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)Weak
Among the 30% lowest 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)Weak
Among the 30% lowest 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)Weak
Among the 30% lowest 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)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same 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 30% 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 capitalWeak
Among the 30% 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 ratioVery weak
Among the 10% lowest 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 ratioWeak
Among the 40% lowest rated companies in the 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 debtWeak
Among the 30% lowest 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 30% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest 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 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 capitalVery strong
Among the 10% 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 equityVery strong
Among the 10% highest 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 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 2023-01-01 – 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
ML Chief Auditor | Chief Auditor | 2023 |
PH Chief Executive Officer | Chief Executive Officer | 2025 |
LL External Signatory | External Signatory | 2020 |
Former (11)
KM External Signatory | External Signatory | 2020 – 2022 |
SC External Signatory | External Signatory | 2020 – 2021 |
JB External Signatory | External Signatory | 2020 – 2020 |
PT External Signatory | External Signatory | 2022 – 2023 |
AS Chief Executive Officer | Chief Executive Officer | 2020 – 2020 |
LL Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
SF External Signatory | External Signatory | 2020 – 2022 |
JL Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
SV Chief Executive Officer | Chief Executive Officer | 2022 – 2024 |
JO Chief Auditor | Chief Auditor | 2020 – 2023 |
PP External Signatory | External Signatory | 2022 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
LR Board of Directors | Board of Directors | 2025 |
PH Board of Directors | Board of Directors | 2025 |
GM Board of Directors | Board of Directors | 2025 |
AP Chairman | Chairman | 2025 |
Former (10)
TK Board of Directors | Board of Directors | 2020 – 2022 |
AS Chairman | Chairman | 2020 – 2022 |
TÅ Chairman | Chairman | 2022 – 2024 |
EM Board of Directors | Board of Directors | 2020 – 2025 |
AP Board of Directors | Board of Directors | 2020 – 2020 |
LD Board of Directors | Board of Directors | 2022 – 2024 |
CM Board of Directors | Board of Directors | 2024 – 2025 |
JL Board of Directors | Board of Directors | 2020 – 2022 |
SV Chairman | Chairman | 2024 – 2025 |
EW Board of Directors | Board of Directors | 2020 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
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Company hierarchy
Coesia S.P.A100%
FlexLink AB (this company)Flexlink Systems Plc Ltd100% ownedPT Flexlink Systems70% ownedFlexlink Systems Ltda100% ownedFlexlink Systems L.L.C.99% ownedFlexlink Systems Gmbh100% ownedFlexlink Systems, (Canada) Inc100% owned
Flexlink Systems Polska Sp. z o O.O.99% ownedFlexlink Switzerland GmbH100% ownedFlexlink Systems (Canada) Inc100% ownedFlexlink Systems Inc.100% ownedFlexlink Systems S.P.A.100% ownedFlexlink Systems KFT100% ownedAdmv SAS100% ownedFlexlink Systems LTD100% ownedFlexlink Systems S.A.S100% ownedFlexlink Automation Co. LTD100% ownedAdmv Sas100% ownedFlexlink Systems, (canada) Inc100% owned
Flexlink Switzerland Gmbh100% ownedFlexlink Systems Pte Ltd100% ownedFlexlink Systems Ltda100% ownedFlexlink Systems S.P.A.100% ownedFlexlink Systems S.R.O100% ownedFlexlink Systems GmbH100% ownedFlexlink Systems Ltd100% ownedFlexlink Systems Inc.100% ownedFlexlink Systems Espa¥a, SL100% owned
Flexlink Systems Polska SP. Z O O.O.99% ownedFlexlink Systems S.A.s100% ownedFlexlink Systems B.V.100% ownedFlexlink Engineering Sdn Bhd100% ownedFlexlink Systems Polska Sp. Z O O.O.99% ownedFlexlink Systems Inc100% ownedFlexlink Systems Kft100% ownedFlexlink Systems S.R.o100% ownedFlexlink Systems Espa¥a, Sl100% owned
Flexlink Engineering SDN BHD100% ownedFlexlink Automation Co. Ltd100% ownedPT Flexlink Systems70% ownedFlexlink Systems B.V.100% ownedFlexlink Systems Pte LTD100% ownedFlexlink Systems L.L.C.99% ownedBoard network connections
Board members of FlexLink AB also hold positions in 157 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jan Olof Malm | Chief Auditor | 110 companiesMany roles |
| Maria Louise Kylén | Chief Auditor | 23 companiesMany roles |
| Tom Åke Claude Adolfsson | Chairman | 7 companiesMany roles |
| Jon Bagiu | External Signatory | 3 companies |
| Per Tobias Johnsson | External Signatory | 2 companies |
| Svante Fredrik Mwewa Anderholm | External Signatory | 2 companies |
| Per Henrik Furhoff | Chief Executive Officer | 2 companies |
| Susanne Camilla Lager | External Signatory | 1 company |
| Lars Lennart Lindberg | Chief Executive Officer | 1 company |
| Liljana Lilli Kostovska | External Signatory | 1 company |
| Luigi Russo | Board of Directors | 1 company |
| Eva Maria Persson | Board of Directors | 1 company |
| Angelos Papadimitriou | Board of Directors | 1 company |
| Giovanni Marini | Board of Directors | 1 company |
| Alessandro Parimbelli | Chairman | 1 company |
Frequently asked questions
What is the Org number of FlexLink AB?
FlexLink AB is registered with Bolagsverket / SCB under Org 5562408293.
What is the revenue of FlexLink AB?
FlexLink AB reported revenue of SEK 1.1bn in 2025.
How many employees does FlexLink AB have?
FlexLink AB employs 135 people as of the latest annual report.
Who is the CEO of FlexLink AB?
Per Henrik Furhoff is the CEO of FlexLink AB, in role since 2025.
Who is the chairman of FlexLink AB?
Alessandro Parimbelli chairs the board of FlexLink AB, in role since 2025.
Where is FlexLink AB headquartered?
FlexLink AB's registered address is Byfogdegatan 11.