Glo AB
ABIn liquidationOrg 5566406129LundResearch and experimental development on natural sciences and engineering· NACE 7210Est. 2003 · 23 years old0 employees
Loading company…
Overview
Glo AB is a Swedish AB based in Lund, operating in the Research and experimental development on natural sciences and engineering sector. Incorporated in 2003, the company has 0 employees and reported revenue of SEK 27 in its latest annual filing.
Revenue 2024
0K SEK
−100% vs 2023
EBITDA margin
−6,411.1 %
+100% vs 2023
Net profit 2024
6.7K SEK
-100% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
95.4 %
Very strongAmong the 20% highest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
10.9×
Very strongAmong the 20% highest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
23.3 %
StrongAmong the 30% highest rated companies in the industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 0K SEK | -100% |
| EBITDA | -1.7K SEK | +100% |
| Net profit | 6.7K SEK | -100% |
| Total assets | 28.9K SEK | -100% |
| Equity | 27.6K SEK | -100% |
| Employees | 0 | — |
Company information
Legal name
GLO AB
Org number
5566406129
Legal form
Aktiebolag
Founded
25 February 2003 · 23 years
Share capital
SEK 3,828
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas ensam av likvidatorn
Company purpose
Bolaget skall ha till föremål för sin verksamhet att, direkt eller indirekt, äga och förvalta lös egendom samt därmed förenlig verkamhet.
(no translation available)
Address
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), Glo AB reported revenue of SEK 27, 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 6.7k, and the EBITDA margin stood at -6,411.1%.
At the end of 2024, equity financed 95.4% of the balance sheet, and current assets covered short-term debt 10.9 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 0 | 27 | 33,145 | 0 | 0 |
| Staff expenses | -1 | — | — | — | — |
| EBITDA | -2 | -1,731 | 30,725 | -48,797 | -92,065 |
| Depreciation & amort. | -0 | — | — | — | — |
| EBIT | -2 | -1,731 | 30,725 | -48,797 | -92,065 |
| Net financials | 8 | 8,458 | -1 | -44,666 | -18,226 |
| Profit before tax | 7 | 6,727 | 30,724 | -93,463 | -110,291 |
| Tax | -0 | -0 | -0 | -0 | -0 |
| Net profit | 7 | 6,727 | 30,724 | -93,463 | -110,291 |
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.
Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 29 | 28,919 | 30,893 | 257 | 34,657 |
| Equity | 28 | 27,598 | 20,871 | -9,853 | 5,978 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 3 | 1,321 | 10,022 | 10,110 | 28,679 |
| Total debt | 3 | 1,321 | 10,022 | 10,110 | 28,679 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20202024
Equity ratio
95.4 %
Very strongAmong the 20% highest rated companies in the industry
20202024
Return on equity
24.4 %
StrongAmong the 40% highest rated companies in the industry
20202024
Net profit margin
>999 %
Very strongAmong the 10% highest rated companies in the industry
20202024
Asset turnover
0.00×
WeakAmong the 30% lowest rated companies in the industry
20202024
Debt / equity
0.05×
StrongAmong the 30% highest rated companies in the industry
20202024
Sector performance
27 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same 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 10% 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 strong
Among the 10% 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 40% 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)Strong
Among the 40% 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)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 ratioVery weak
Among the 10% 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 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 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 40% 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 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 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 ratioStrong
Among the 30% 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 equityStrong
Among the 30% 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 weak
Among the 20% lowest rated companies in the 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 debtWeak
Among the 30% 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 turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% 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 (1) | ||
NO Liquidator | Liquidator | 2025 |
Former (4)
SC Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
LI Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2021 – 2022 |
GM Authorized Recipient of Service | Authorized Recipient of Service | 2022 – 2025 |
NA Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2020 – 2020 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (15)
AA Chairman | Chairman | 2020 – 2022 |
EC Deputy Board Member | Deputy Board Member | 2020 – 2022 |
ML Board of Directors | Board of Directors | 2023 – 2023 |
RD Deputy Board Member | Deputy Board Member | 2020 – 2022 |
JH Chairman | Chairman | 2022 – 2023 |
LI Board of Directors | Board of Directors | 2020 – 2022 |
MP Board of Directors | Board of Directors | 2022 – 2025 |
JE Board of Directors | Board of Directors | 2020 – 2022 |
TF Deputy Board Member | Deputy Board Member | 2022 – 2025 |
SA Board of Directors | Board of Directors | 2020 – 2022 |
NA Board of Directors | Board of Directors | 2020 – 2022 |
MO Board of Directors | Board of Directors | 2020 – 2022 |
HA Board of Directors | Board of Directors | 2022 – 2023 |
MD Board of Directors | Board of Directors | 2022 – 2023 |
TS Deputy Board Member | Deputy Board Member | 2020 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2025 |
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.
Related companies
Company hierarchy
Sysonan Inc.100%
Glo AB (this company)Board network connections
Board members of Glo AB also hold positions in 85 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Nils Olof Åberg | Liquidator | 73 companiesMany roles |
| Göran Marcus Nivinger | Authorized Recipient of Service | 7 companiesMany roles |
| Lars Ivar Samuelson | Deputy Chief Executive Officer | 3 companies |
| Magnus Olof Waldemar Ryde | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of Glo AB?
Glo AB is registered with Bolagsverket / SCB under Org 5566406129.
What is the revenue of Glo AB?
Glo AB reported revenue of SEK 27 in 2024.
Where is Glo AB headquartered?
Glo AB's registered address is Lund.