Mintra AB
ABActiveOrg 5567377071Östra Larmgatan 1, 411 07 GöteborgOther education n.e.c.· NACE 8559Est. 2007 · 19 years old4 employees
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Overview
Mintra AB is a Swedish AB based in Göteborg, operating in the Other education n.e.c. sector. Incorporated in 2007, the company has 4 employees and reported revenue of SEK 37.4m in its latest annual filing.
Revenue 2024
37.4M SEK
+18% vs 2023
EBITDA margin
17.5 %
+329% vs 2023
Net profit 2024
-4.8M SEK
+76% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
3.9 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
Very weakAmong the 10% lowest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
-11.8 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
EBITDA — year on year
SEK thousandsKey figures
Annual report 2024| Revenue | 37.4M SEK | +18% |
| EBITDA | 6.5M SEK | +329% |
| Net profit | -4.8M SEK | +76% |
| Total assets | 40.6M SEK | -20% |
| Equity | 1.6M SEK | +144% |
| Employees | 4 | — |
Company information
Legal name
Mintra AB
Org number
5567377071
Legal form
Aktiebolag
NACE code
8559 · Other education n.e.c.
Founded
12 September 2007 · 19 years
Share capital
SEK 2,000,000
Employees
4 (FTE)
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
Company purpose
Bolaget ska bedriva webbaserad kursverksamhet, utbildningar inom sjöfartsområdet samt därmed förenlig verksamhet.
(no translation available)
Contact
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Financial development
In its most recent annual report (2024), Mintra AB reported revenue of SEK 37.4m, an increase of 18% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of SEK 4.8m, and the EBITDA margin stood at 17.5%.
At the end of 2024, equity financed 3.9% of the balance sheet, and current assets covered short-term debt 0.7 times.
Financials
Revenue
SEK millionsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 37,397 | 31,597 | 21,877 | 5,123 | 5,523 |
| Staff expenses | -3,729 | -2,774 | — | — | — |
| EBITDA | 6,536 | -2,859 | 1,449 | -162 | 236 |
| Depreciation & amort. | -7,678 | -3,212 | -2,519 | -296 | -87 |
| EBIT | -1,141 | -6,071 | -1,070 | -458 | 149 |
| Net financials | -3,654 | -15,889 | -303 | -40 | -132 |
| Profit before tax | -4,796 | -21,960 | -1,374 | -498 | 17 |
| Tax | -0 | 1,632 | -0 | -0 | -2 |
| Net profit | -4,796 | -20,329 | -1,374 | -498 | 15 |
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Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 40,635 | 50,997 | 48,569 | 16,449 | 11,717 |
| Equity | 1,596 | -3,608 | 16,721 | 4,867 | 365 |
| Long-term debt | 19,516 | 29,197 | 12,516 | 2,927 | 4,847 |
| Short-term debt | 19,523 | 25,409 | 19,333 | 8,655 | 6,505 |
| Total debt | 39,039 | 54,605 | 31,849 | 11,582 | 11,352 |
Financial ratios
5-year trendEBITDA margin
17.5 %
20202024
Equity ratio
3.9 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
Return on equity
-300.5 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
Net profit margin
-12.8 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
Asset turnover
0.92×
AverageAround the average of companies in the same industry
20202024
Debt / equity
24.46×
Very weakAmong the 10% lowest rated companies in the industry
20202024
Sector performance
26 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 30% 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 marginWeak
Among the 30% 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 weak
Among the 20% lowest 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)Very weak
Among the 10% lowest 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)Very weak
Among the 20% 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)Very weak
Among the 10% lowest 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 40% 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 weak
Among the 10% 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 ratioVery weak
Among the 20% 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 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 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 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 30% lowest rated companies in the 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 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 20% 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 20% 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 turnoverAverage
Around the average of companies in the same 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 debtStrong
Among the 30% 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.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
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) | ||
LE Authorized Recipient of Service | Authorized Recipient of Service | 2022 |
KH Chief Executive Officer | Chief Executive Officer | 2021 |
AC Chief Auditor | Chief Auditor | 2022 |
Former (2)
AM Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
AJ Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
KH Board of Directors | Board of Directors | 2022 |
GJ Deputy Board Member | Deputy Board Member | 2024 |
JH Chairman | Chairman | 2022 |
Former (9)
HA Board of Directors | Board of Directors | 2022 – 2023 |
MA Board of Directors | Board of Directors | 2022 – 2023 |
PB | Chairman | 2022 – 2023 |
KD Board of Directors | Board of Directors | 2022 – 2023 |
KA Chairman | Chairman | 2022 – 2022 |
AM Board of Directors | Board of Directors | 2022 – 2023 |
OR Chairman | Chairman | 2020 – 2022 |
LE Board of Directors | Board of Directors | 2020 – 2022 |
DA Board of Directors | Board of Directors | 2022 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2025 | |
| Company | 100% | 100% | 2024 |
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Company hierarchy
Mintra Holding AS100%
Mintra AB (this company)Wellatlt Aps100% ownedWellatlt ApS100% ownedBoard network connections
Board members of Mintra AB also hold positions in 395 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Anna Cecilia Grimslätt | Chief Auditor | 324 companiesMany roles |
| Håkan Arne Johansson | Board of Directors | 37 companiesMany roles |
| Dick Anders Höglund | Board of Directors | 16 companiesMany roles |
| Peter Björn Gunnar Bertil Wahlgren | Chairman | 7 companiesMany roles |
| Lars Erik Tomas Lindberg | Authorized Recipient of Service | 3 companies |
| Karl Anders Hugo Hermansson | Chairman | 3 companies |
| Martin Ackermann | Board of Directors | 2 companies |
| Owe Rikard Engström | Chairman | 2 companies |
| Kaj Dennis Johansson | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Mintra AB?
Mintra AB is registered with Bolagsverket / SCB under Org 5567377071.
What is the revenue of Mintra AB?
Mintra AB reported revenue of SEK 37.4m in 2024.
How many employees does Mintra AB have?
Mintra AB employs 4 people as of the latest annual report.
Who is the CEO of Mintra AB?
Kevin Hugh Short is the CEO of Mintra AB, in role since 2021.
Who is the chairman of Mintra AB?
Jostein Hufthammer chairs the board of Mintra AB, in role since 2022.
Where is Mintra AB headquartered?
Mintra AB's registered address is Östra Larmgatan 1.