Cornamuse AB

ABActive

Org 5566873351Primusgatan 110, 112 67 StockholmBusiness and other management consultancy activities· NACE 7020Est. 2005 · 20 years old0 employees

Overview

Cornamuse AB is a Swedish AB based in Stockholm, operating in the Business and other management consultancy activities sector. Incorporated in 2005, the company has 0 employees and reported revenue of SEK 112.3k in its latest annual filing.

Revenue 2025

112.3K SEK

+31% vs 2024

EBITDA margin

78.0 %

+161% vs 2024

Net profit 2025

120.8K SEK

+280% vs 2024

Key ratios

See full ratios →

100.0 %

Very strong

Among the 10% highest rated companies in the industry

20212025

>999×

Very strong

Among the 10% highest rated companies in the industry

20212025

17.8 %

Strong

Among the 40% highest rated companies in the industry

20212025

EBITDA — year on year

SEK thousands

Key figures

Annual report 2025

Revenue	112.3K SEK	+31%
EBITDA	87.6K SEK	+161%
Net profit	120.8K SEK	+280%
Total assets	679.9K SEK	+15%
Equity	679.7K SEK	+22%
Employees	0	—

Contact

Address

Primusgatan 110, 112 67 Stockholm

Phone

+46705129952

info@cornamuse.se

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Financial development

In its most recent annual report (2025), Cornamuse AB reported revenue of SEK 112.3k, an increase of 31% 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 120.8k, and the EBITDA margin stood at 78%.

At the end of 2025, equity financed 100% of the balance sheet, and current assets covered short-term debt 3,300.5 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2025	2024	2023	2022	2021
Revenue	112	86	117	152	158
Staff expenses	—	—	-0	-0	—
EBITDA	88	34	59	84	91
Depreciation & amort.	—	—	-0	-0	-0
EBIT	88	34	59	84	91
Net financials	-1,454	-160	-305	-416	-788
Profit before tax	139	-42	-246	-272	-103
Tax	-18	-25	13	31	-62
Net profit	121	-67	-258	-302	-165

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Balance sheet

SEK thousands

Item	2025	2024	2023	2022	2021
Total assets	680	589	735	999	1,374
Equity	680	559	626	884	1,187
Long-term debt	—	—	0	0	0
Short-term debt	0	30	35	40	53
Total debt	0	30	35	40	53

Financial ratios

5-year trend

EBITDA margin

78.0 %

20212025

Equity ratio

100.0 %

Very strong

Among the 10% highest rated companies in the industry

20212025

Return on equity

17.8 %

Average

Around the average of companies in the same industry

20212025

Net profit margin

107.5 %

Very strong

Among the 10% highest rated companies in the industry

20212025

Asset turnover

0.17×

Weak

Among the 40% lowest rated companies in the industry

20212025

Debt / equity

0.00×

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 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 strong

Among the 10% highest 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)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)Strong

Among the 40% 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)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)Strong

Among the 40% highest 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 strong

Among the 10% highest 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 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.

Cash conversion ratioWeak

Among the 30% 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 ratioVery strong

Among the 10% 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 equityVery strong

Among the 10% 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 strong

Among the 10% 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 debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest marginVery weak

Among the 10% 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 40% 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 equityStrong

Among the 30% 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 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 2025
Filed via Bolagsverket / SCB · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


AG Anders Gabriel Lundgren Audit	Audit	2022 – 2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
AV Anders Vilhelm Pihl Board of Directors	Board of Directors	2022
JO Jan Ove Pihl Deputy Board Member	Deputy Board Member	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 Cornamuse AB also hold positions in 121 other companies.

Person	Role here	Other companies
Anders Gabriel Lundgren	Audit	118 companiesMany roles
Jan Ove Pihl	Deputy Board Member	3 companies

Frequently asked questions

What is the Org number of Cornamuse AB?

Cornamuse AB is registered with Bolagsverket / SCB under Org 5566873351.

What is the revenue of Cornamuse AB?

Cornamuse AB reported revenue of SEK 112.3k in 2025.

Where is Cornamuse AB headquartered?

Cornamuse AB's registered address is Primusgatan 110 4tr.