Etac AB
ABActiveOrg 5563249746Färögatan 33, 164 51 KistaWholesale of pharmaceutical and medical goods· NACE 4646Est. 1988 · 38 years old88 employees
Loading company…
Overview
Etac AB is a Swedish AB based in Kista, operating in the Wholesale of pharmaceutical and medical goods sector. Incorporated in 1988, the company has 88 employees and reported revenue of SEK 999.8m in its latest annual filing.
Revenue 2025
1B SEK
+5% vs 2024
EBITDA margin
−9.6 %
−2065% vs 2024
Net profit 2025
0B SEK
-94% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
28.6 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
Very weakAmong the 10% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.1 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
SEK millionsKey figures
Annual report 2025| Revenue | 1B SEK | +5% |
| EBITDA | -0.1B SEK | -2065% |
| Net profit | 0B SEK | -94% |
| Total assets | 6.8B SEK | +7% |
| Equity | 1.9B SEK | 0% |
| Employees | 88 | — |
Company information
Legal name
Etac AB
Org number
5563249746
Legal form
Aktiebolag
NACE code
Founded
9 June 1988 · 38 years
Share capital
SEK 1,000,000
Employees
88 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas av Larssen, Nora i förening med en av Castagna, Peter John Helbo, Torben Leeflang, Paul Lesjak, Mark-Philipp Mailind, Jesper Reuvers, Daniel Lee Seretis, Simon Georg Mattias Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget skall självt eller genom hel- eller delägda bolag, utveckla, tillverka och sälja handikapphjälpmedel och likartade sjukvårds- och hjälpmedelsprodukter samt därmed jämte tillhandahålla underhållsservice och reparationer av handikapphjälpmedel och likartade sjukvårds- och hjälpmedelsprodukter. Bolaget skall även äga, utveckla, förvalta och upplåta immateriella rättigheter såsom varumärken, patent och mönsterskydd. Bolaget skall dessutom äga och förvalta aktier i dotterbolag, intresseföretag jämte andra värdepapper. Bolaget skall vidare tillhandahålla koncerngemensamma funktioner såsom IT-tjänster, affärsutveckling, administrativa tjänster samt kunna bedriva annan med ovanstående förenlig verksamhet.
(no translation available)
Contact
Address
Färögatan 33, 164 51 Kista
Phone
+4686334700
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), Etac AB reported revenue of SEK 999.8m, an increase of 5% 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 9.4m, and the EBITDA margin stood at -9.6%.
At the end of 2025, equity financed 28.6% of the balance sheet, and current assets covered short-term debt 0.7 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 999,818 | 956,028 | 819,890 | 722,782 | 614,435 |
| Staff expenses | -357,926 | — | — | — | — |
| EBITDA | -95,838 | 4,878 | -68,024 | -8,796 | -18,548 |
| Depreciation & amort. | -0 | — | — | — | — |
| EBIT | -95,838 | 4,878 | -68,024 | -8,796 | -18,548 |
| Net financials | -78,795 | -88,066 | 105,799 | -330,314 | 93,724 |
| Profit before tax | 948 | 173,154 | 68,186 | 96,071 | 300,247 |
| Tax | 8,417 | -19,713 | 1,036 | -4,599 | -5,533 |
| Net profit | 9,365 | 153,441 | 69,222 | 91,472 | 294,714 |
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 | 6,760,564 | 6,311,358 | 5,219,681 | 5,285,424 | 4,767,169 |
| Equity | 1,932,867 | 1,923,502 | 1,770,061 | 1,850,839 | 1,759,367 |
| Long-term debt | 3,423,298 | 3,583,413 | 0 | 2,896,295 | 2,509,627 |
| Short-term debt | 1,312,309 | 774,979 | 3,431,530 | 532,314 | 462,321 |
| Total debt | 4,735,607 | 4,358,392 | 3,431,530 | 3,428,609 | 2,971,948 |
Financial ratios
5-year trendEBITDA margin
-9.6 %
20212025
Equity ratio
28.6 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
0.5 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Net profit margin
0.9 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
0.15×
WeakAmong the 30% lowest rated companies in the industry
20212025
Debt / equity
2.50×
WeakAmong the 30% 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 marginWeak
Among the 40% 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 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)Weak
Among the 40% 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)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)Weak
Among the 40% 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)Weak
Among the 40% 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 weak
Among the 10% 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 ratioWeak
Among the 30% lowest 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 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 equityVery strong
Among the 10% 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 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 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 30% 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 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% 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 40% 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 turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 20% 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 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 equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% 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 (2) | ||
LP Chief Auditor | Chief Auditor | 2020 |
PS Chief Executive Officer | Chief Executive Officer | 2024 |
Former (2)
FO Chief Executive Officer | Chief Executive Officer | 2020 – 2020 |
MW Chief Executive Officer | Chief Executive Officer | 2020 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (8) | ||
PJ Board of Directors | Board of Directors | 2022 |
TH Board of Directors | Board of Directors | 2020 |
JM Board of Directors | Board of Directors | 2020 |
ML Board of Directors | Board of Directors | 2025 |
SG Board of Directors | Board of Directors | 2024 |
PL Board of Directors | Board of Directors | 2022 |
NL Chairman | Chairman | 2020 |
DL Board of Directors | Board of Directors | 2023 |
Former (4)
AK Board of Directors | Board of Directors | 2020 – 2022 |
TG Board of Directors | Board of Directors | 2020 – 2022 |
ZR Board of Directors | Board of Directors | 2020 – 2020 |
PM Board of Directors | Board of Directors | 2022 – 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
Nordstjernan Aktiebolag100%
Etac AB (this company)Etac Bil AS100% ownedEtac AS100% ownedEtac Sas100% ownedEtac A/S100% ownedR82 Holding Aps100% ownedEtac Polen Sp.Z.O.o100% ownedEtac Immedia A/S100% ownedEtac R82 Bv100% ownedEtac R82 Gmbh100% ownedEtac Bv100% ownedEtac Gmbh100% ownedEtac Ltd100% ownedKlaxon Mobility Gmbh100% ownedEtac Us Holding Inc100% ownedEtac GmbH100% ownedKlaxon Mobility GmbH100% ownedEtac Immedia A/S100% ownedR82 Holding ApS100% ownedEtac AS100% ownedEtac Sverige AB100% ownedEtac Supply Center AB100% ownedEtac A/S100% ownedEtac Polen SP.Z.O.O100% ownedEtac Us Holding Inc100% ownedEtac LTD100% ownedEtac BV100% ownedEtac SAS100% ownedBoard network connections
Board members of Etac AB also hold positions in 264 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Leif Patrik Adolfsson | Chief Auditor | 220 companiesMany roles |
| Tomas Gunnar Billing | Board of Directors | 23 companiesMany roles |
| Nora Larssen | Chairman | 7 companiesMany roles |
| Fredrik Olof Dalborg | Chief Executive Officer | 6 companiesMany roles |
| Pär Sigvard Åström | Chief Executive Officer | 3 companies |
| Simon Georg Mattias Seretis | Board of Directors | 2 companies |
| Zlatko Rihter | Board of Directors | 2 companies |
| Anders Krister Stefan Johanson | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Etac AB?
Etac AB is registered with Bolagsverket / SCB under Org 5563249746.
What is the revenue of Etac AB?
Etac AB reported revenue of SEK 999.8m in 2025.
How many employees does Etac AB have?
Etac AB employs 88 people as of the latest annual report.
Who is the CEO of Etac AB?
Pär Sigvard Åström is the CEO of Etac AB, in role since 2024.
Who is the chairman of Etac AB?
Nora Larssen chairs the board of Etac AB, in role since 2020.
Where is Etac AB headquartered?
Etac AB's registered address is Färögatan 33.