Grindsson AB

ABActive

Org 5565107371Karlbergsvägen 46 A, 113 37 StockholmNon-specialised retail sale of predominately food, beverages or tobacco· NACE 4711Est. 1995 · 31 years old11 employees

Overview

Grindsson AB is a Swedish AB based in Stockholm, operating in the Non-specialised retail sale of predominately food, beverages or tobacco sector. Incorporated in 1995, the company has 11 employees and reported revenue of SEK 44.1m in its latest annual filing.

Revenue 2024

44.1M SEK

−100% vs 2023

EBITDA margin

7.3 %

−100% vs 2023

Net profit 2024

2.2M SEK

-100% vs 2023

Key ratios

See full ratios →

86.3 %

Very strong

Among the 20% highest rated companies in the industry

20202024

7.8×

Very strong

Among the 20% highest rated companies in the industry

20202024

8.4 %

Strong

Among the 40% highest rated companies in the industry

20202024

EBITDA — year on year

SEK millions

Key figures

Annual report 2024

Revenue	44.1M SEK	-100%
EBITDA	3.2M SEK	-100%
Net profit	2.2M SEK	-100%
Total assets	25.9M SEK	+5%
Equity	22.4M SEK	+11%
Employees	11	—

Contact

Address

Karlbergsvägen 46 A, 113 37 Stockholm

Phone

+468328622

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Financial development

In its most recent annual report (2024), Grindsson AB reported revenue of SEK 44.1m, a decrease of 100% 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 2.2m, and the EBITDA margin stood at 7.3%.

At the end of 2024, equity financed 86.3% of the balance sheet, and current assets covered short-term debt 7.8 times.

Financials

Revenue

SEK millions

EBITDA

SEK millions

Income statement

SEK thousands

Item	2024	2023	2022	2021	2020
Revenue	44,111	43,970,638	43,871,025	43,560	45,583
Staff expenses	-6,020	-6,473,613	-6,427,360	-6,507	—
EBITDA	3,201	2,913,700	2,757,965	2,673	4,655
Depreciation & amort.	-770	-865,590	-1,025,889	-968	-743
EBIT	2,431	2,048,110	4,732,076	1,704	3,912
Net financials	314	70,719	387,278	855	227
Profit before tax	2,744	2,118,829	42,119,354	2,559	4,297
Tax	-565	326,746	357,123	701	-935
Net profit	2,180	1,792,083	41,762,231	1,858	3,362

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Balance sheet

SEK thousands

Item	2024	2023	2022	2021	2020
Total assets	25,916	24,614	24,859	23,870	21,154
Equity	22,363	20,183	18,391	16,629	16,770
Long-term debt	18	437	131	2,638	297
Short-term debt	2,790	3,249	5,591	3,858	3,342
Total debt	2,808	3,686	5,723	6,496	3,639

Financial ratios

5-year trend

EBITDA margin

7.3 %

20202024

Equity ratio

86.3 %

Very strong

Among the 20% highest rated companies in the industry

20202024

Return on equity

9.7 %

Average

Around the average of companies in the same industry

20202024

Net profit margin

4.9 %

Strong

Among the 40% highest rated companies in the industry

20202024

Asset turnover

1.70×

Average

Around the average of companies in the same industry

20202024

Debt / equity

0.16×

Very strong

Among the 20% highest rated companies in the industry

20202024

Sector performance

28 of 28 ratios graded

28 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 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)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)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 ratioStrong

Among the 30% 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 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 ratioVery strong

Among the 20% 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 ratioStrong

Among the 30% highest 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 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 ratioStrong

Among the 30% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% 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 ratioVery strong

Among the 20% 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 equityVery strong

Among the 20% 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 equityVery strong

Among the 20% 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 debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% 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 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 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 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 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 debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2024
Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
JS Johan Sven Baskin Chief Executive Officer	Chief Executive Officer	2022
PT Pär Tomas Randér Audit	Audit	2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
JS Johan Sven Baskin Board of Directors	Board of Directors	2022
PS Patrick Sven Baskin Deputy Board Member	Deputy Board Member	2022

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Grindsson AB also hold positions in 158 other companies.

Person	Role here	Other companies
Pär Tomas Randér	Audit	155 companiesMany roles
Johan Sven Baskin	Chief Executive Officer	2 companies
Patrick Sven Baskin	Deputy Board Member	1 company

Frequently asked questions

What is the Org number of Grindsson AB?

Grindsson AB is registered with Bolagsverket / SCB under Org 5565107371.

What is the revenue of Grindsson AB?

Grindsson AB reported revenue of SEK 44.1m in 2024.

How many employees does Grindsson AB have?

Grindsson AB employs 11 people as of the latest annual report.

Who is the CEO of Grindsson AB?

Johan Sven Baskin is the CEO of Grindsson AB, in role since 2022.

Where is Grindsson AB headquartered?

Grindsson AB's registered address is Karlbergsvägen 46 A.