Visual Truth AB

ABActive

Org 5566152905Oscarshemsvägen 3, 226 39 LundResearch and experimental development on natural sciences and engineering· NACE 7210Est. 2001 · 25 years old2 employees

Overview

Visual Truth AB is a Swedish AB based in Lund, operating in the Research and experimental development on natural sciences and engineering sector. Incorporated in 2001, the company has 2 employees and reported revenue of SEK 1.5m in its latest annual filing.

Revenue 2025

1.5M SEK

+11% vs 2024

EBITDA margin

−11.1 %

−139% vs 2024

Net profit 2025

0.4M SEK

-32% vs 2024

Key ratios

See full ratios →

84.2 %

Strong

Among the 30% highest rated companies in the industry

20212025

75.4×

Very strong

Among the 10% highest rated companies in the industry

20212025

3.5 %

Average

Around the average of companies in the same industry

20212025

EBITDA — year on year

SEK thousands

Key figures

Annual report 2025

Revenue	1.5M SEK	+11%
EBITDA	-0.2M SEK	-139%
Net profit	0.4M SEK	-32%
Total assets	10.3M SEK	-2%
Equity	8.6M SEK	-1%
Employees	2	—

Contact

Address

Oscarshemsvägen 3, 226 39 Lund

Phone

+4646148127

vt@visualtruth.se

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2025), Visual Truth AB reported revenue of SEK 1.5m, an increase of 11% 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 355.1k, and the EBITDA margin stood at -11.1%.

At the end of 2025, equity financed 84.2% of the balance sheet, and current assets covered short-term debt 75.4 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2025	2024	2023	2022	2021
Revenue	1,506	1,358	1,743	1,914	1,905
Staff expenses	-953	—	-1,548	—	—
EBITDA	-167	425	210	1,069	-111
Depreciation & amort.	-46	-5	-5	-5	-5
EBIT	-213	420	205	1,064	-116
Net financials	544	317	500	350	90
Profit before tax	456	666	585	1,276	880
Tax	-101	-146	131	-268	-200
Net profit	355	520	453	1,008	680

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.

See the credit rating

Balance sheet

SEK thousands

Item	2025	2024	2023	2022	2021
Total assets	10,261	10,462	10,671	10,949	10,396
Equity	8,645	8,720	8,830	9,016	8,534
Long-term debt	—	0	0	0	0
Short-term debt	77	77	247	158	226
Total debt	77	77	247	158	226

Financial ratios

5-year trend

EBITDA margin

-11.1 %

20212025

Equity ratio

84.2 %

Strong

Among the 30% highest rated companies in the industry

20212025

Return on equity

4.1 %

Average

Around the average of companies in the same industry

20212025

Net profit margin

23.6 %

Strong

Among the 40% highest rated companies in the industry

20212025

Asset turnover

0.15×

Weak

Among the 40% lowest rated companies in the industry

20212025

Debt / equity

0.19×

Very strong

Among the 10% highest rated companies in the industry

20212025

Sector performance

25 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery strong

Among the 10% highest 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 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)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)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)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.

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 strong

Among the 10% 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.

Cash ratioVery strong

Among the 10% 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 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.

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.

Quick ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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.

Debt & solvency

Solidity ratioStrong

Among the 30% 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 10% 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 10% 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 equityStrong

Among the 30% 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 10% highest rated companies in the industry

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

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same 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 40% lowest 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 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 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 2025
Filed via Bolagsverket / SCB · Period 2024-05-01 – 2025-04-30
View PDF
Annual report 2024
Filed via Bolagsverket / SCB · Period 2023-05-01 – 2024-04-30
View PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2022-05-01 – 2023-04-30
View PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2021-05-01 – 2022-04-30
View PDF
Annual report 2021
Filed via Bolagsverket / SCB · Period 2020-05-01 – 2021-04-30

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


BH Bengt Håkan Rylander Audit	Audit	2024 – 2024
KE Karin Elisabeth Löwhagen Audit	Audit	2022 – 2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
AH Anders Harald Robert Heijl Board of Directors	Board of Directors	2022
KA Karin Agneta Heijl Deputy Board Member	Deputy Board Member	2022

Shareholders

Active legal owners

No shareholder data available.

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.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Visual Truth AB also hold positions in 406 other companies.

Person	Role here	Other companies
Bengt Håkan Rylander	Audit	344 companiesMany roles
Karin Elisabeth Löwhagen	Audit	59 companiesMany roles
Anders Harald Robert Heijl	Board of Directors	2 companies
Karin Agneta Heijl	Deputy Board Member	1 company

Frequently asked questions

What is the Org number of Visual Truth AB?

Visual Truth AB is registered with Bolagsverket / SCB under Org 5566152905.

What is the revenue of Visual Truth AB?

Visual Truth AB reported revenue of SEK 1.5m in 2025.

How many employees does Visual Truth AB have?

Visual Truth AB employs 2 people as of the latest annual report.

Where is Visual Truth AB headquartered?

Visual Truth AB's registered address is Oscarshemsvägen 3.