Firstcom Europe Dist AB
ABDissolvedOrg 5566085196Business and other management consultancy activities· NACE 7022Est. 2001 · 25 years old11 employees
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Overview
Firstcom Europe Dist AB is a Swedish AB, operating in the Business and other management consultancy activities sector. Incorporated in 2001, the company has 11 employees and reported revenue of SEK 9.4m in its latest annual filing.
Revenue 2022
9.4M SEK
−13% vs 2021
EBITDA margin
−23.8 %
−659% vs 2021
Net profit 2022
3.6M SEK
+50% vs 2021
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
50.4 %
WeakAmong the 40% lowest rated companies in the industry
20182022
Liquidity ratioCurrent assets ÷ Short-term debt
2.0×
WeakAmong the 40% lowest rated companies in the industry
20182022
Return on assets (ROA)Net profit ÷ Total assets × 100
25.5 %
StrongAmong the 30% highest rated companies in the industry
20182022
EBITDA — year on year
SEK thousandsKey figures
Annual report 2022| Revenue | 9.4M SEK | -13% |
| EBITDA | -2.2M SEK | -659% |
| Net profit | 3.6M SEK | +50% |
| Total assets | 14.2M SEK | +19% |
| Equity | 7.2M SEK | +102% |
| Employees | 11 | — |
Company information
Legal name
Firstcom Europe Dist AB
Org number
5566085196
Legal form
Aktiebolag
NACE code
Founded
15 March 2001 · 25 years
Share capital
SEK 668,000
Employees
11 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas var för sig av ledamöterna
Company purpose
Bolaget skall sälja telecom-, it- och säkerhetslösningar inklusive hårdvara, mjukvara och installationstjänster. Vidare ska bolaget sälja operatörstjänster och it och molntjänster. Vidare ska bolaget förmedla finansiering, försäkringar samt bedriva finansiell verksamhet med undantag av sådan verksamhet som avses i lag om kreditmarknadsbolag och lag om bankrörelse samt idka annan därmed förenlig verksamhet.
(no translation available)
Address
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Financial development
In its most recent annual report (2022), Firstcom Europe Dist AB reported revenue of SEK 9.4m, a decrease of 13% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of SEK 3.6m, and the EBITDA margin stood at -23.8%.
At the end of 2022, equity financed 50.4% of the balance sheet, and current assets covered short-term debt 2 times.
Financials
Revenue
SEK millionsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 9,357 | 10,720 | 6,573 | 10,131 | 15,631 |
| Staff expenses | — | — | — | — | — |
| EBITDA | -2,223 | 398 | -3,999 | -2,006 | 401 |
| Depreciation & amort. | -116 | -170 | -204 | -379 | -522 |
| EBIT | -2,339 | 228 | -4,203 | -2,385 | -121 |
| Net financials | 70 | -6 | 2,991 | -3,253 | -110 |
| Profit before tax | 3,630 | 2,412 | 1,958 | -5,638 | -231 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 3,630 | 2,412 | 1,958 | -5,638 | -231 |
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Balance sheet
SEK thousands| Item | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Total assets | 14,224 | 11,952 | 8,741 | 8,926 | 5,384 |
| Equity | 7,175 | 3,544 | 2,633 | 674 | 532 |
| Long-term debt | 0 | 0 | 0 | 0 | 367 |
| Short-term debt | 7,050 | 8,408 | 6,109 | 8,252 | 4,484 |
| Total debt | 7,050 | 8,408 | 6,109 | 8,252 | 4,851 |
Financial ratios
5-year trendEBITDA margin
-23.8 %
20182022
Equity ratio
50.4 %
WeakAmong the 40% lowest rated companies in the industry
20182022
Return on equity
50.6 %
StrongAmong the 30% highest rated companies in the industry
20182022
Net profit margin
38.8 %
StrongAmong the 30% highest rated companies in the industry
20182022
Asset turnover
0.66×
AverageAround the average of companies in the same industry
20182022
Debt / equity
0.98×
WeakAmong the 30% lowest rated companies in the industry
20182022
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
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 marginStrong
Among the 30% 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)Strong
Among the 30% highest 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)Strong
Among the 30% 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)Very strong
Among the 20% highest 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)Very weak
Among the 20% 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 ratioWeak
Among the 40% 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 equityWeak
Among the 30% lowest 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 capitalStrong
Among the 40% highest 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 30% 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 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 debtAverage
Around the average of companies in the same 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 40% 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 30% 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 turnoverStrong
Among the 40% highest 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 capitalAverage
Around the average of companies in the same 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.
Annual reports & filings
- 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
- Annual report 2019Filed via Bolagsverket / SCB · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Bolagsverket / SCB · Period 2018-01-01 – 2018-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
PM Chief Executive Officer | Chief Executive Officer | 2020 |
CL Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2020 |
JS Chief Auditor | Chief Auditor | 2020 |
Former (1)
KV Chief Auditor | Chief Auditor | 2020 – 2020 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
PM Board of Directors | Board of Directors | 2020 |
CB Chairman | Chairman | 2020 |
AW Board of Directors | Board of Directors | 2022 |
CL Board of Directors | Board of Directors | 2020 |
Former (3)
JP Board of Directors | Board of Directors | 2020 – 2020 |
SU Deputy Board Member | Deputy Board Member | 2020 – 2020 |
JP | Chairman | 2020 – 2020 |
Shareholders
Active legal ownersNo shareholder data available.
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Company hierarchy
Firstcom Europe Dist AB 
Firstcom Europe Voip ABBoard network connections
Board members of Firstcom Europe Dist AB also hold positions in 135 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Karl Vilhelm Andersson | Chief Auditor | 90 companiesMany roles |
| John Samuel Peter Osser | Chief Auditor | 30 companiesMany roles |
| Johan Peter Jarskog | Board of Directors | 8 companiesMany roles |
| Carlos Luis Riera Homar | Deputy Chief Executive Officer | 6 companiesMany roles |
| Pontus Mikael Blom | Chief Executive Officer | 1 company |
Frequently asked questions
What is the Org number of Firstcom Europe Dist AB?
Firstcom Europe Dist AB is registered with Bolagsverket / SCB under Org 5566085196.
What is the revenue of Firstcom Europe Dist AB?
Firstcom Europe Dist AB reported revenue of SEK 9.4m in 2022.
How many employees does Firstcom Europe Dist AB have?
Firstcom Europe Dist AB employs 11 people as of the latest annual report.
Who is the CEO of Firstcom Europe Dist AB?
Pontus Mikael Blom is the CEO of Firstcom Europe Dist AB, in role since 2020.
Who is the chairman of Firstcom Europe Dist AB?
Christian Bleakley chairs the board of Firstcom Europe Dist AB, in role since 2020.