TestNordic AB

ABActive

Org 5568992795Sävstigen 2, 165 71 HässelbyWholesale of other machinery and equipment· NACE 4664Est. 2012 · 14 years old1 employees

Overview

TestNordic AB is a Swedish AB based in Hässelby, operating in the Wholesale of other machinery and equipment sector. Incorporated in 2012, the company has 1 employee and reported revenue of SEK 7.4m in its latest annual filing.

Revenue 2025

7.4M SEK

+18% vs 2024

EBITDA margin

15.3 %

−9% vs 2024

Net profit 2025

0.6M SEK

+59% vs 2024

Key ratios

See full ratios →

30.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

2.2×

Average

Around the average of companies in the same industry

20212025

13.0 %

Strong

Among the 30% highest rated companies in the industry

20212025

EBITDA — year on year

SEK millions

Key figures

Annual report 2025

Revenue	7.4M SEK	+18%
EBITDA	1.1M SEK	-9%
Net profit	0.6M SEK	+59%
Total assets	4.5M SEK	+43%
Equity	1.4M SEK	+74%
Employees	1	—

Contact

Address

Sävstigen 2, 165 71 Hässelby

Phone

+46707889882

mans.brorsson@testnordic.com

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Financial development

In its most recent annual report (2025), TestNordic AB reported revenue of SEK 7.4m, an increase of 18% 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 591.6k, and the EBITDA margin stood at 15.3%.

At the end of 2025, equity financed 30.5% of the balance sheet, and current assets covered short-term debt 2.2 times.

Financials

Revenue

SEK millions

EBITDA

SEK millions

Income statement

SEK thousands

Item	2025	2024	2023	2022	2021
Revenue	7,445	6,293	5,720	6,217,851	4,114
Staff expenses	-909	-1,191	—	-921,938	—
EBITDA	1,138	1,245	178	973,314	280
Depreciation & amort.	-72	-72	-72	-42,000	-0
EBIT	1,066	1,173	106	931,314	280
Net financials	-22	-327	-21	-12,760	-8
Profit before tax	784	568	85	699,554	222
Tax	-192	-197	-38	161,990	-51
Net profit	592	371	47	537,564	171

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Balance sheet

SEK thousands

Item	2025	2024	2023	2022	2021
Total assets	4,548	3,183	2,576	2,340,794	1,978
Equity	1,388	796	775	968,344	631
Long-term debt	31	145	137	354,377	100
Short-term debt	1,775	1,243	994	418,073	936
Total debt	1,806	1,388	1,131	772,450	1,036

Financial ratios

5-year trend

EBITDA margin

15.3 %

20212025

Equity ratio

30.5 %

Weak

Among the 40% lowest rated companies in the industry

20212025

Return on equity

42.6 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Net profit margin

7.9 %

Strong

Among the 30% highest rated companies in the industry

20212025

Asset turnover

1.64×

Average

Around the average of companies in the same industry

20212025

Debt / equity

2.28×

Average

Around the average of companies in the same industry

20212025

Sector performance

28 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 20% 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 marginStrong

Among the 30% 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)Very strong

Among the 20% 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 30% 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)Very strong

Among the 20% 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 20% 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 ratioAverage

Around the average of companies in the same 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 ratioAverage

Around the average of companies in the same 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 40% 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 30% 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 capitalWeak

Among the 40% 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 20% highest 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 ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityWeak

Among the 40% 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 debtStrong

Among the 30% 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 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 30% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

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

Interest marginStrong

Among the 30% highest 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.

Inventory turnoverStrong

Among the 40% highest 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 capitalStrong

Among the 30% 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 equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 30% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2025
Filed via Bolagsverket / SCB · Period 2024-10-01 – 2025-09-30
Annual report 2024
Filed via Bolagsverket / SCB · Period 2023-10-01 – 2024-09-30
Annual report 2023
Filed via Bolagsverket / SCB · Period 2022-10-01 – 2023-09-30
Annual report 2022
Filed via Bolagsverket / SCB · Period 2021-10-01 – 2022-09-30
Annual report 2021
Filed via Bolagsverket / SCB · Period 2020-10-01 – 2021-09-30

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
LD Lars Daniel Andreas Boström Audit	Audit	2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
MO Måns Olof Lars Brorsson Board of Directors	Board of Directors	2022
MB Maryam Brorsson 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 TestNordic AB also hold positions in 148 other companies.

Person	Role here	Other companies
Lars Daniel Andreas Boström	Audit	147 companiesMany roles
Måns Olof Lars Brorsson	Board of Directors	1 company

Frequently asked questions

What is the Org number of TestNordic AB?

TestNordic AB is registered with Bolagsverket / SCB under Org 5568992795.

What is the revenue of TestNordic AB?

TestNordic AB reported revenue of SEK 7.4m in 2025.

How many employees does TestNordic AB have?

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

Where is TestNordic AB headquartered?

TestNordic AB's registered address is Sävstigen 2.