Twenty Studios AB
ABBankruptOrg 5563727550Motion picture, video and television programme production activities· NACE 5911Est. 1989 · 37 years old0 employees
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Overview
Twenty Studios AB is a Swedish AB, operating in the Motion picture, video and television programme production activities sector. Incorporated in 1989, the company has 0 employees and reported revenue of SEK 17.0m in its latest annual filing.
Revenue 2023
17M SEK
−19% vs 2022
EBITDA margin
1.6 %
−70% vs 2022
Net profit 2023
-0.4M SEK
-2390% vs 2022
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
45.8 %
WeakAmong the 40% lowest rated companies in the industry
20192023
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
Very weakAmong the 20% lowest rated companies in the industry
20192023
Return on assets (ROA)Net profit ÷ Total assets × 100
-3.2 %
WeakAmong the 40% lowest rated companies in the industry
20192023
EBITDA — year on year
SEK thousandsKey figures
Annual report 2023| Revenue | 17M SEK | -19% |
| EBITDA | 0.3M SEK | -70% |
| Net profit | -0.4M SEK | -2390% |
| Total assets | 13.2M SEK | -8% |
| Equity | 6M SEK | -6% |
| Employees | 0 | — |
Company information
Legal name
Twenty Studios AB
Org number
5563727550
Legal form
Aktiebolag
Founded
3 October 1989 · 37 years
Share capital
SEK 207,800
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2023-06-30
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas var för sig av ledamöterna
Company purpose
Bolaget skall ägna sig åt utveckling och drift av tjänster kring produktion, bearbetning och distribution av rörlig media samt där med förenlig verksamhet. Verksamheten skall drivas antingen i egen regi av bolaget eller genom delägande i annat rättssubjekt.
(no translation available)
Contact
Address
Phone
+46850635000
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Financial development
In its most recent annual report (2023), Twenty Studios AB reported revenue of SEK 17.0m, a decrease of 19% on the year before. The figures on this page draw on 5 annual filings covering 2019 to 2023. The bottom line showed a net loss of SEK 416.6k, and the EBITDA margin stood at 1.6%.
At the end of 2023, equity financed 45.8% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Revenue
SEK millionsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 17,034 | 21,082 | 18,653 | 12,633 | 17,487 |
| Staff expenses | -4,958 | -4,355 | — | — | — |
| EBITDA | 275 | 919 | 1,661 | 1,477 | -279 |
| Depreciation & amort. | -699 | -633 | -321 | -405 | -437 |
| EBIT | -424 | 287 | 1,340 | 1,072 | -716 |
| Net financials | -277 | -210 | -20 | -98 | -153 |
| Profit before tax | -417 | 41 | 971 | 693 | -139 |
| Tax | -0 | 23 | -220 | -185 | -1 |
| Net profit | -417 | 18 | 751 | 508 | -140 |
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Balance sheet
SEK thousands| Item | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Total assets | 13,194 | 14,353 | 13,707 | 8,187 | 12,191 |
| Equity | 6,038 | 6,455 | 6,436 | 5,686 | 5,177 |
| Long-term debt | 1,641 | 3,207 | 2,708 | 0 | 3,667 |
| Short-term debt | 4,651 | 3,544 | 3,451 | 1,739 | 2,865 |
| Total debt | 6,292 | 6,750 | 6,159 | 1,739 | 6,532 |
Financial ratios
5-year trendEBITDA margin
1.6 %
20192023
Equity ratio
45.8 %
WeakAmong the 40% lowest rated companies in the industry
20192023
Return on equity
-6.9 %
WeakAmong the 30% lowest rated companies in the industry
20192023
Net profit margin
-2.4 %
WeakAmong the 30% lowest rated companies in the industry
20192023
Asset turnover
1.29×
StrongAmong the 40% highest rated companies in the industry
20192023
Debt / equity
1.19×
WeakAmong the 40% lowest rated companies in the industry
20192023
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 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 marginWeak
Among the 40% 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 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 40% 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)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 40% 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 20% 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 ratioVery weak
Among the 20% 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 20% 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 20% 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 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 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 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 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 20% 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 turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery strong
Among the 20% 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 equityWeak
Among the 40% lowest 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.
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 2023Filed via Bolagsverket / SCB · Period 2022-07-01 – 2023-06-30
- Annual report 2022Filed via Bolagsverket / SCB · Period 2021-07-01 – 2022-06-30
- Annual report 2021Filed via Bolagsverket / SCB · Period 2020-07-01 – 2021-06-30
- Annual report 2020Filed via Bolagsverket / SCB · Period 2019-07-01 – 2020-06-30
- Annual report 2019Filed via Bolagsverket / SCB · Period 2018-07-01 – 2019-06-30
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ST | Audit | 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
RD Board of Directors | Board of Directors | 2024 |
PS Board of Directors | Board of Directors | 2022 |
AD Board of Directors | Board of Directors | 2024 |
CH Chairman | Chairman | 2022 |
Former (1)
TH Deputy Board Member | Deputy Board Member | 2022 – 2024 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
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Related companies
Company hierarchy
Twenty Studios Stockholm AB
Twenty Studios AB Board network connections
Board members of Twenty Studios AB also hold positions in 465 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stefan Torsten Persson | Audit | 439 companiesMany roles |
| Carl Håkan Stigh | Chairman | 18 companiesMany roles |
| Per Stefan Nordell | Board of Directors | 4 companies |
| Anders Daniel Gradin | Board of Directors | 2 companies |
| René Disteli | Board of Directors | 1 company |
| Tor Herman Nordlöw | Deputy Board Member | 1 company |
Frequently asked questions
What is the Org number of Twenty Studios AB?
Twenty Studios AB is registered with Bolagsverket / SCB under Org 5563727550.
What is the revenue of Twenty Studios AB?
Twenty Studios AB reported revenue of SEK 17.0m in 2023.
Who is the chairman of Twenty Studios AB?
Carl Håkan Stigh chairs the board of Twenty Studios AB, in role since 2022.