Granitor Property Development AB
ABActiveOrg 5563194249Hyllie Boulevard 21, 215 32 MalmöEngineering activities and related technical consultancy· NACE 7112Est. 1988 · 38 years old48 employees
Loading company…
Overview
Granitor Property Development AB is a Swedish AB based in Malmö, operating in the Engineering activities and related technical consultancy sector. Incorporated in 1988, the company has 48 employees and reported revenue of SEK 139.0m in its latest annual filing.
Revenue 2025
0.1B SEK
+28% vs 2024
EBITDA margin
−14.1 %
+7% vs 2024
Net profit 2025
0.1B SEK
+69% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
86.2 %
StrongAmong the 30% highest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
10.2×
Very strongAmong the 20% highest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
12.0 %
StrongAmong the 40% highest rated companies in the industry
20212025
EBITDA — year on year
SEK millionsKey figures
Annual report 2025| Revenue | 0.1B SEK | +28% |
| EBITDA | -0B SEK | +7% |
| Net profit | 0.1B SEK | +69% |
| Total assets | 1B SEK | +24% |
| Equity | 0.9B SEK | +16% |
| Employees | 48 | — |
Company information
Legal name
Granitor Property Development AB
Org number
5563194249
Legal form
Aktiebolag
NACE code
Founded
22 February 1988 · 38 years
Share capital
SEK 25,000,000
Employees
48 (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 Firman tecknas i förening av Wikström, Carl Olof Christer Wikström, Karl Olof Roger eller en av dem i förening med Dominguez Flodin, Lisa Camilla Sundin, David Håkan Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget skall bedriva projektutveckling inom byggnads- och anläggningsverksamhet, att äga och förvalta aktier och andelar i andra företag samt därmed förenlig verksamhet.
(no translation available)
Contact
Address
Hyllie Boulevard 21, 215 32 Malmö
Email
info.mpd@midroc.se
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 (2025), Granitor Property Development AB reported revenue of SEK 139.0m, an increase of 28% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of SEK 122.0m, and the EBITDA margin stood at -14.1%.
At the end of 2025, equity financed 86.2% of the balance sheet, and current assets covered short-term debt 10.2 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 139,041 | 108,479 | 140,135 | 189,110 | 141,497 |
| Staff expenses | -106,240 | -67,271 | — | — | — |
| EBITDA | -19,661 | -21,191 | -30,826 | -21,742 | -68,880 |
| Depreciation & amort. | -87 | -17 | -16 | -44 | -100 |
| EBIT | -19,748 | -21,208 | -30,842 | -21,786 | -68,980 |
| Net financials | 150,598 | 71,167 | -3,897 | 500 | 5,660 |
| Profit before tax | 114,796 | 72,709 | -9,498 | 38,031 | 60,326 |
| Tax | 7,228 | -409 | 425 | -8,709 | -11,453 |
| Net profit | 122,024 | 72,300 | -9,073 | 29,322 | 48,873 |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 1,017,096 | 819,403 | 760,596 | 759,900 | 775,074 |
| Equity | 876,272 | 754,248 | 681,948 | 691,021 | 661,699 |
| Long-term debt | 0 | 0 | 0 | 3,918 | 5,949 |
| Short-term debt | 87,852 | 47,317 | 59,278 | 48,220 | 93,312 |
| Total debt | 87,852 | 47,317 | 59,278 | 52,138 | 99,261 |
Financial ratios
5-year trendEBITDA margin
-14.1 %
20212025
Equity ratio
86.2 %
StrongAmong the 30% highest rated companies in the industry
20212025
Return on equity
13.9 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
87.8 %
Very strongAmong the 10% highest rated companies in the industry
20212025
Asset turnover
0.14×
WeakAmong the 40% lowest rated companies in the industry
20212025
Debt / equity
0.16×
StrongAmong the 30% highest rated companies in the industry
20212025
Sector performance
27 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 marginVery weak
Among the 20% lowest 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 marginVery strong
Among the 10% 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)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)Strong
Among the 40% 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)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)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest 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 ratioVery strong
Among the 20% highest 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 ratioStrong
Among the 30% highest rated companies in the 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 equityStrong
Among the 40% highest 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 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 ratioStrong
Among the 30% 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 ratioStrong
Among the 30% highest 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 equityStrong
Among the 30% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 30% highest 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 30% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery weak
Among the 10% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 30% 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 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 turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 debtVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
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 (4) | ||
CO External Signatory | External Signatory | 2022 |
LC External Signatory | External Signatory | 2024 |
LP Chief Executive Officer | Chief Executive Officer | 2022 |
BR Chief Auditor | Chief Auditor | 2022 |
Former (2)
TR External Signatory | External Signatory | 2022 – 2024 |
KE Chief Auditor | Chief Auditor | 2022 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
KO Board of Directors | Board of Directors | 2022 |
LP Board of Directors | Board of Directors | 2022 |
DH Board of Directors | Board of Directors | 2022 |
ML Chairman | Chairman | 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
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
Granitor Properties Invest AB76%
Granitor Properties Holding AB100%
Granitor Property Development AB (this company)Scandibox Aktiebolag100% ownedCentrumfastigheter i Lomma AB100% ownedTownhouse AB100% ownedGranitor Business Center AB100% ownedWihlborgs JPB 15 AB100% ownedPreco Fastighets Aktiebolag100% ownedGranitor Land Development AB100% ownedGranitor Aspira AB100% ownedGranitor Bostäder AB100% ownedPB Del E AB100% ownedMPD Holding Röd AB100% ownedFörvaltnings AB Brunnshög 1100% ownedMidroc Växjö Biologen Fastighets AB100% ownedMPD Holding Rubin AB100% ownedMPD Holding Opal AB100% ownedMPD Holding Jade AB100% ownedHagabacken Kristianstad 4 AB100% ownedBlomstra Bostad Fyra Famnar AB100% ownedMPD Holding Turmalin AB100% ownedMPD Holding Alnico AB100% ownedMPD Alnico Höganäs 150 AB100% ownedMPD Alnico Höganäs 149 AB100% ownedMPD Holding Baveno AB100% ownedMPD Holding Väte AB100% ownedMPD Väte Grund 2 AB100% ownedMPD Väte Grund 1 AB100% ownedMPD Väte Grund 3 AB100% ownedGPD Malmö Kraftfodret 8 AB100% ownedMPD Holding Virtuosen AB100% ownedKlövern Årsta Kilen 1 AB100% ownedMPD Virtuosen Grund 1 AB100% ownedMPD Virtuosen Grund 2 AB100% ownedMPD Holding Eminensen AB100% ownedWihlborgs Brysselkålen 1 AB100% ownedMPD Eminensen Grund 3 AB100% ownedGPD Holding Kompanjonen AB100% ownedGPD Holding Diligensen AB100% ownedGPD Holding Postiljonen AB100% ownedBoard network connections
Board members of Granitor Property Development AB also hold positions in 1204 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Karl Olof Roger Wikström | Board of Directors | 229 companiesMany roles |
| Carl Olof Christer Wikström | External Signatory | 226 companiesMany roles |
| Birgit Ros-Marie Östberg | Chief Auditor | 189 companiesMany roles |
| David Håkan Sundin | Board of Directors | 178 companiesMany roles |
| Magnus Lars Erik Skiöld | Chairman | 134 companiesMany roles |
| Lars Peter Syrén | Chief Executive Officer | 110 companiesMany roles |
| Karin Elisabeth Löwhagen | Chief Auditor | 59 companiesMany roles |
| Lisa Camilla Dominguez Flodin | External Signatory | 41 companiesMany roles |
| Thomas Roland Mårtensson | External Signatory | 38 companiesMany roles |
Frequently asked questions
What is the Org number of Granitor Property Development AB?
Granitor Property Development AB is registered with Bolagsverket / SCB under Org 5563194249.
What is the revenue of Granitor Property Development AB?
Granitor Property Development AB reported revenue of SEK 139.0m in 2025.
How many employees does Granitor Property Development AB have?
Granitor Property Development AB employs 48 people as of the latest annual report.
Who is the CEO of Granitor Property Development AB?
Lars Peter Syrén is the CEO of Granitor Property Development AB, in role since 2022.
Who is the chairman of Granitor Property Development AB?
Magnus Lars Erik Skiöld chairs the board of Granitor Property Development AB, in role since 2022.
Where is Granitor Property Development AB headquartered?
Granitor Property Development AB's registered address is Hyllie Boulevard 21.