Scantyre AB

ABIn liquidation

Org 5566541925Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes· NACE 2211Est. 2004 · 22 years old1 employees

Overview

Scantyre AB is a Swedish AB, operating in the Manufacture, retreading and rebuilding of rubber tyres and manufacture of tubes sector. Incorporated in 2004, the company has 1 employee and reported revenue of SEK 940.0k in its latest annual filing.

Revenue 2018

0.9M SEK

−78% vs 2017

EBITDA margin

82.2 %

+135% vs 2017

Net profit 2018

0M SEK

+100% vs 2017

Key ratios

See full ratios →

6.6 %

Very weak

Among the 10% lowest rated companies in the industry

20152018

0.9×

Very weak

Among the 20% lowest rated companies in the industry

20152018

0.6 %

Weak

Among the 40% lowest rated companies in the industry

20152018

EBITDA — year on year

SEK thousands

Key figures

Annual report 2018

Revenue	0.9M SEK	-78%
EBITDA	0.8M SEK	+135%
Net profit	0M SEK	+100%
Total assets	2.3M SEK	-29%
Equity	0.2M SEK	+9%
Employees	1	—

Financial development

In its most recent annual report (2018), Scantyre AB reported revenue of SEK 940.0k, a decrease of 78% on the year before. The figures on this page draw on 4 annual filings covering 2015 to 2018. The bottom line showed a net profit of SEK 13.0k, and the EBITDA margin stood at 82.2%.

At the end of 2018, equity financed 6.6% of the balance sheet, and current assets covered short-term debt 0.9 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2018	2017	2016	2015
Revenue	940	4,264	5,721	—
Staff expenses	—	—	—	—
EBITDA	773	-2,240	-1,435	1,709
Depreciation & amort.	-719	-1,295	-1,295	-1,936
EBIT	54	-3,535	-2,730	-227
Net financials	-41	-430	-136	-213
Profit before tax	13	-3,965	-2,865	16
Tax	-0	-0	-0	-7
Net profit	13	-3,965	-2,865	9

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Balance sheet

SEK thousands

Item	2018	2017	2016	2015
Total assets	2,285	3,238	8,533	11,344
Equity	150	137	4,103	6,968
Long-term debt	0	2,132	2,232	2,989
Short-term debt	2,135	969	2,198	1,387
Total debt	2,135	3,101	4,430	4,376

Financial ratios

5-year trend

EBITDA margin

82.2 %

20152018

Equity ratio

6.6 %

Very weak

Among the 10% lowest rated companies in the industry

20152018

Return on equity

8.7 %

Average

Around the average of companies in the same industry

20152018

Net profit margin

1.4 %

Average

Around the average of companies in the same industry

20152018

Asset turnover

0.41×

Weak

Among the 30% lowest rated companies in the industry

20152018

Debt / equity

14.23×

Very weak

Among the 10% lowest rated companies in the industry

20152018

Sector performance

25 of 28 ratios graded

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

Profitability

Operating marginAverage

Around the average of companies in the same 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 marginAverage

Around the average of companies in the same 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)Weak

Among the 40% 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)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)Average

Around the average of companies in the same 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 ratioVery weak

Among the 20% 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 30% 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 ratioWeak

Among the 30% 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 equityVery weak

Among the 10% 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 capitalVery weak

Among the 10% 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 strong

Among the 10% highest rated companies in the industry

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

Debt & solvency

Solidity ratioVery weak

Among the 10% 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 ratioVery weak

Among the 10% 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 equityVery weak

Among the 10% 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 equityVery weak

Among the 10% 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 40% lowest rated companies in the industry

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

EBITDA to debtStrong

Among the 40% highest 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 40% 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 40% 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 capitalVery weak

Among the 20% lowest 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 debtVery strong

Among the 20% 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 2018
Filed via Bolagsverket / SCB · Period 2018-01-01 – 2018-12-31
Annual report 2017
Filed via Bolagsverket / SCB · Period 2017-01-01 – 2017-12-31
Annual report 2016
Filed via Bolagsverket / SCB · Period 2016-01-01 – 2016-12-31
Annual report 2015
Filed via Bolagsverket / SCB · Period 2015-01-01 – 2015-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
PS Per Staffan Karnå Liquidator	Liquidator	2022

Former (2)


TJ Tomas Jonny Karlsson Chief Executive Officer	Chief Executive Officer	2020 – 2022
KS Karl Stefan Andersson Audit	Audit	2020 – 2021

Board of directors

Non-executive oversight

Name	Role	Member since

Former (2)


CM Catherina Maria Karlsson Deputy Board Member	Deputy Board Member	2020 – 2022
TJ Tomas Jonny Karlsson Board of Directors	Board of Directors	2020 – 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 Scantyre AB also hold positions in 3385 other companies.

Person	Role here	Other companies
Karl Stefan Andersson	Audit	3,237 companiesMany roles
Per Staffan Karnå	Liquidator	143 companiesMany roles
Tomas Jonny Karlsson	Chief Executive Officer	4 companies
Catherina Maria Karlsson	Deputy Board Member	1 company

Frequently asked questions

What is the Org number of Scantyre AB?

Scantyre AB is registered with Bolagsverket / SCB under Org 5566541925.

What is the revenue of Scantyre AB?

Scantyre AB reported revenue of SEK 940.0k in 2018.

How many employees does Scantyre AB have?

Scantyre AB employs 1 people as of the latest annual report.