Netigate AB
ABActiveOrg 5565760997Drottninggatan 25, 111 51 StockholmBusiness and other management consultancy activities· NACE 7020Est. 1999 · 26 years old50-99 employees
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Overview
Netigate AB is a Swedish AB based in Stockholm, operating in the Business and other management consultancy activities sector. Incorporated in 1999, the company reported revenue of SEK 120.6m in its latest annual filing.
Revenue 2024
120.6M SEK
+3% vs 2023
EBITDA margin
10.9 %
+160% vs 2023
Net profit 2024
-5M SEK
+86% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
54.3 %
WeakAmong the 40% lowest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
2.2×
WeakAmong the 40% lowest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
-1.5 %
WeakAmong the 30% lowest rated companies in the industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 120.6M SEK | +3% |
| EBITDA | 13.1M SEK | +160% |
| Net profit | -5M SEK | +86% |
| Total assets | 334M SEK | +45% |
| Equity | 181.5M SEK | +316% |
| Employees | — | — |
Company information
Legal name
Netigate AB
Org number
5565760997
Legal form
Aktiebolag
NACE code
Founded
27 September 1999 · 26 years
Share capital
SEK 108,000
Employees
50-99
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas var för sig av ledamoten suppleanten
Company purpose
Föremålet för bolagets verksamhet är att utveckla och bedriva försäljning av programvaror och tjänster på internet samt därmed förenlig verksamhet.
(no translation available)
Contact
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 (2024), Netigate AB reported revenue of SEK 120.6m, an increase of 3% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of SEK 5.0m, and the EBITDA margin stood at 10.9%.
At the end of 2024, equity financed 54.3% of the balance sheet, and current assets covered short-term debt 2.2 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 120,624 | 116,969 | 89,117 | 76,667 | 102,895 |
| Staff expenses | — | — | — | — | — |
| EBITDA | 13,111 | -21,789 | -33,833 | -27,581 | 11,892 |
| Depreciation & amort. | -19,486 | -15,903 | -17,086 | -13,377 | -11,211 |
| EBIT | -6,375 | -37,692 | -50,919 | -40,958 | 681 |
| Net financials | 606 | 768 | -5,922 | -1,366 | 864 |
| Profit before tax | -4,973 | -35,707 | -53,050 | -41,833 | 2,029 |
| Tax | -0 | -0 | -5,677 | 8,459 | -320 |
| Net profit | -4,973 | -35,707 | -58,727 | -33,374 | 1,709 |
Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 334,025 | 229,905 | 159,238 | 176,030 | 74,943 |
| Equity | 181,519 | 43,616 | 29,086 | 87,813 | 11,186 |
| Long-term debt | 84,382 | 107,255 | 43,142 | 0 | 0 |
| Short-term debt | 68,125 | 79,034 | 87,011 | 88,217 | 62,600 |
| Total debt | 152,507 | 186,289 | 130,153 | 88,217 | 62,600 |
Financial ratios
5-year trendEBITDA margin
10.9 %
20202024
Equity ratio
54.3 %
WeakAmong the 40% lowest rated companies in the industry
20202024
Return on equity
-2.7 %
WeakAmong the 30% lowest rated companies in the industry
20202024
Net profit margin
-4.1 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
Asset turnover
0.36×
AverageAround the average of companies in the same industry
20202024
Debt / equity
0.84×
WeakAmong the 40% lowest rated companies in the industry
20202024
Sector performance
25 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Operating marginWeak
Among the 30% 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 weak
Among the 20% 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)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.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 ratioWeak
Among the 40% 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 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 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 30% 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 capitalWeak
Among the 40% 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 30% 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 turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 debtStrong
Among the 40% highest 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 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
- Annual report 2020Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
IM Chief Executive Officer | Chief Executive Officer | 2024 |
LA Chief Auditor | Chief Auditor | 2025 |
Former (5)
US | Audit | 2020 – 2025 |
PE Chief Executive Officer | Chief Executive Officer | 2020 – 2021 |
MD Chief Executive Officer | Chief Executive Officer | 2021 – 2024 |
GT Chief Executive Officer | Chief Executive Officer | 2020 – 2020 |
PM Audit | Audit | 2020 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
IM Board of Directors | Board of Directors | 2024 |
MG Deputy Board Member | Deputy Board Member | 2025 |
Former (10)
NJ Board of Directors | Board of Directors | 2020 – 2021 |
BD Board of Directors | Board of Directors | 2020 – 2022 |
TR Chairman | Chairman | 2020 – 2022 |
EA Deputy Board Member | Deputy Board Member | 2024 – 2024 |
EG Deputy Board Member | Deputy Board Member | 2022 – 2023 |
EG Board of Directors | Board of Directors | 2021 – 2022 |
BÅ Board of Directors | Board of Directors | 2020 – 2022 |
MD Board of Directors | Board of Directors | 2022 – 2024 |
GT Board of Directors | Board of Directors | 2020 – 2020 |
JT Deputy Board Member | Deputy Board Member | 2024 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
Related companies
Company hierarchy
Janus BidCo AB100%
Netigate New Holding AB100%
Netigate AB (this company)Netigate Deutschland Gmbh100% ownedNetigate Inc.100% ownedNetigate Polska Sp. Z.O.O.100% ownedLumoame Oy100% ownedNetigate Norge AS100% ownedNetigate Norge AS100% ownedNetigate Inc.100% ownedLumoame Oy100% ownedNetigate Deutschland GmbH100% ownedBoard network connections
Board members of Netigate AB also hold positions in 467 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Ulf Staffan Anders Zander | Audit | 169 companiesMany roles |
| Lars Andreas Skogh | Chief Auditor | 141 companiesMany roles |
| Bengt Dariush Ghatan | Board of Directors | 44 companiesMany roles |
| Per Matthias Vidh | Audit | 36 companiesMany roles |
| Niklas John Wathier de Bésche | Board of Directors | 14 companiesMany roles |
| Erik Axel Kling | Deputy Board Member | 14 companiesMany roles |
| Per Erik Ekstedt | Chief Executive Officer | 12 companiesMany roles |
| Tom Roland Nyman | Chairman | 10 companiesMany roles |
| Inger Maria Dedering Börjesson | Chief Executive Officer | 5 companies |
| Erik Gunnar Ingemar Nordqvist | Deputy Board Member | 5 companies |
| Erik Gustaf Peter Jomo Ekelund | Board of Directors | 5 companies |
| Boris Åke Jonas Nordenström | Board of Directors | 4 companies |
| Georg Thomas Taro Hisaeda Nyström | Chief Executive Officer | 3 companies |
| Max Gustaf Karlsen | Deputy Board Member | 3 companies |
| Mikkel Drucker | Chief Executive Officer | 1 company |
| Jagannath Tammeleht | Deputy Board Member | 1 company |
Frequently asked questions
What is the Org number of Netigate AB?
Netigate AB is registered with Bolagsverket / SCB under Org 5565760997.
What is the revenue of Netigate AB?
Netigate AB reported revenue of SEK 120.6m in 2024.
Who is the CEO of Netigate AB?
Inger Maria Dedering Börjesson is the CEO of Netigate AB, in role since 2024.
Where is Netigate AB headquartered?
Netigate AB's registered address is Drottninggatan 25.