Edgeware AB
ABActiveOrg 5566917554Hantverkargatan 25, 112 21 StockholmEngineering activities and related technical consultancy· NACE 7112Est. 2005 · 20 years old20-49 employees
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Overview
Edgeware AB is a Swedish AB based in Stockholm, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2005, the company reported revenue of SEK 108.1m in its latest annual filing.
Revenue 2024
108.1M SEK
−5% vs 2023
EBITDA margin
11.1 %
+510% vs 2023
Net profit 2024
12.8M SEK
+346% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
47.9 %
WeakAmong the 40% lowest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
1.6×
WeakAmong the 30% lowest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
9.6 %
AverageAround the average of companies in the same industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 108.1M SEK | -5% |
| EBITDA | 12M SEK | +510% |
| Net profit | 12.8M SEK | +346% |
| Total assets | 132.8M SEK | +7% |
| Equity | 63.6M SEK | +25% |
| Employees | — | — |
Company information
Legal name
Edgeware AB
Org number
5566917554
Legal form
Aktiebolag
NACE code
Founded
28 November 2005 · 20 years
Share capital
SEK 1,502,000
Employees
20-49
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas var för sig av ledamöterna Firman tecknas ensam av Öhrström, Anna Sofie
Company purpose
Bolaget har till föremål för sin verksamhet att direkt eller indirekt, bedriva utveckling och försäljning av elektroniksystem för nätverkstillämpningar och därmed förenlig verksamhet.
(no translation available)
Contact
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Financial development
In its most recent annual report (2024), Edgeware AB reported revenue of SEK 108.1m, a decrease of 5% 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 12.8m, and the EBITDA margin stood at 11.1%.
At the end of 2024, equity financed 47.9% of the balance sheet, and current assets covered short-term debt 1.6 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 108,095 | 114,147 | 121,526 | 118,991 | 146,440 |
| Staff expenses | -13,021 | — | — | — | — |
| EBITDA | 12,006 | -2,925 | -5,600 | -22,373 | -58,781 |
| Depreciation & amort. | -0 | — | — | — | — |
| EBIT | 12,006 | -2,925 | -5,600 | -22,373 | -58,781 |
| Net financials | 780 | -2,275 | -188 | 1,931 | -2,703 |
| Profit before tax | 12,786 | -5,200 | -5,788 | -20,442 | -59,374 |
| Tax | -0 | -3 | -0 | -48 | -12,427 |
| Net profit | 12,786 | -5,203 | -5,788 | -20,490 | -71,801 |
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Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 132,822 | 124,010 | 131,555 | 134,111 | 198,983 |
| Equity | 63,596 | 50,989 | 56,193 | 61,980 | 137,471 |
| Long-term debt | 4,399 | 0 | 8,475 | 0 | 0 |
| Short-term debt | 63,991 | 72,996 | 66,810 | 72,020 | 61,362 |
| Total debt | 68,390 | 72,996 | 75,285 | 72,020 | 61,362 |
Financial ratios
5-year trendEBITDA margin
11.1 %
20202024
Equity ratio
47.9 %
WeakAmong the 40% lowest rated companies in the industry
20202024
Return on equity
20.1 %
AverageAround the average of companies in the same industry
20202024
Net profit margin
11.8 %
AverageAround the average of companies in the same industry
20202024
Asset turnover
0.81×
AverageAround the average of companies in the same industry
20202024
Debt / equity
1.09×
WeakAmong the 30% lowest rated companies in the industry
20202024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest 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 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)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)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.
Capacity ratioAverage
Around the average of companies in the same 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 ratioWeak
Among the 30% 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 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 40% 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 capitalAverage
Around the average of companies in the same 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 ratioWeak
Among the 40% 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 30% 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 debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same 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 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 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 turnoverWeak
Among the 40% lowest 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 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 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 debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
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 (3) | ||
AS External Signatory | External Signatory | 2025 |
SK Chief Auditor | Chief Auditor | 2022 |
LC Auditor Substitute | Auditor Substitute | 2022 |
Former (5)
KA Chief Auditor | Chief Auditor | 2020 – 2022 |
KA Chief Executive Officer | Chief Executive Officer | 2020 – 2021 |
AR Chief Executive Officer | Chief Executive Officer | 2023 – 2025 |
JA Chief Executive Officer | Chief Executive Officer | 2021 – 2023 |
NJ External Signatory | External Signatory | 2023 – 2025 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
FE Board of Directors | Board of Directors | 2026 |
MB Deputy Board Member | Deputy Board Member | 2025 |
KU Chairman | Chairman | 2025 |
Former (14)
JM Board of Directors | Board of Directors | 2020 – 2021 |
SL Board of Directors | Board of Directors | 2025 – 2026 |
AR Deputy Board Member | Deputy Board Member | 2023 – 2025 |
ES Board of Directors | Board of Directors | 2020 – 2021 |
JA Deputy Board Member | Deputy Board Member | 2021 – 2023 |
Md Deputy Board Member | Deputy Board Member | 2025 – 2025 |
MR Chairman | Chairman | 2020 – 2021 |
HS Chairman | Chairman | 2021 – 2025 |
KR Board of Directors | Board of Directors | 2020 – 2020 |
AB Board of Directors | Board of Directors | 2020 – 2021 |
CR Board of Directors | Board of Directors | 2020 – 2021 |
JJ Board of Directors | Board of Directors | 2020 – 2021 |
SI Board of Directors | Board of Directors | 2020 – 2020 |
MR Board of Directors | Board of Directors | 2021 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2025 |
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Company hierarchy
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Edgeware AB (this company)Edgeware Inc100% ownedCavena Image Products Aktiebolag100% ownedEdgeware Hong Kong LTD100% ownedEdgeware Hong Kong Ltd100% ownedEdgeware Inc100% ownedBoard network connections
Board members of Edgeware AB also hold positions in 434 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sara Katarina Nyberg | Chief Auditor | 163 companiesMany roles |
| Konstantinos Andreas Frountzos | Chief Auditor | 116 companiesMany roles |
| Lena Christina Normann | Auditor Substitute | 97 companiesMany roles |
| Karl Andreas Thedéen | Chief Executive Officer | 13 companiesMany roles |
| Kent Reinhold Sander | Board of Directors | 10 companiesMany roles |
| Johan Jonas Fredrik Hasselberg | Board of Directors | 8 companiesMany roles |
| Erik Sverker Reinhold T Hallberg | Board of Directors | 7 companiesMany roles |
| Claes Rickard Blomqvist | Board of Directors | 7 companiesMany roles |
| Nils Johan Bolin | External Signatory | 5 companies |
| Sigrun Ingrid Hjelmqvist | Board of Directors | 4 companies |
| Arnd Benninghoff | Board of Directors | 2 companies |
| Alfredo Redondo Iglesias | Chief Executive Officer | 1 company |
| Jan Anders Westin | Chief Executive Officer | 1 company |
Frequently asked questions
What is the Org number of Edgeware AB?
Edgeware AB is registered with Bolagsverket / SCB under Org 5566917554.
What is the revenue of Edgeware AB?
Edgeware AB reported revenue of SEK 108.1m in 2024.
Who is the chairman of Edgeware AB?
Koldo Unanue Carazo chairs the board of Edgeware AB, in role since 2025.
Where is Edgeware AB headquartered?
Edgeware AB's registered address is Hantverkargatan 25.