Exire AB

ABBankrupt

Org 5590945944Other financial service activities, except insurance and pension funding n.e.c.· NACE 6499Est. 2016 · 9 years old0 employees

Overview

Exire AB is a Swedish AB, operating in the Other financial service activities, except insurance and pension funding n.e.c. sector. Incorporated in 2016, the company has 0 employees and reported revenue of SEK 140.0k in its latest annual filing.

Revenue 2019

140K SEK

−27% vs 2018

EBITDA margin

67.9 %

+206% vs 2018

Net profit 2019

74K SEK

+208% vs 2018

Key ratios

See full ratios →

76.6 %

Average

Around the average of companies in the same industry

20182019

2.1×

Weak

Among the 40% lowest rated companies in the industry

20182019

37.6 %

Very strong

Among the 20% highest rated companies in the industry

20182019

EBITDA — year on year

SEK thousands

Key figures

Annual report 2019

Revenue	140K SEK	-27%
EBITDA	95K SEK	+206%
Net profit	74K SEK	+208%
Total assets	197K SEK	+95%
Equity	151K SEK	+104%
Employees	0	—

Financial development

In its most recent annual report (2019), Exire AB reported revenue of SEK 140.0k, a decrease of 27% on the year before. The figures on this page draw on 2 annual filings covering 2018 to 2019. The bottom line showed a net profit of SEK 74.0k, and the EBITDA margin stood at 67.9%.

At the end of 2019, equity financed 76.6% of the balance sheet, and current assets covered short-term debt 2.1 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2019	2018
Revenue	140	191
Staff expenses	—	—
EBITDA	95	31
Depreciation & amort.	-0	-0
EBIT	95	31
Net financials	—	—
Profit before tax	95	31
Tax	-21	-7
Net profit	74	24

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Balance sheet

SEK thousands

Item	2019	2018
Total assets	197	101
Equity	151	74
Long-term debt	0	0
Short-term debt	46	27
Total debt	46	27

Financial ratios

5-year trend

EBITDA margin

67.9 %

20182019

Equity ratio

76.6 %

Average

Around the average of companies in the same industry

20182019

Return on equity

49.0 %

Very strong

Among the 20% highest rated companies in the industry

20182019

Net profit margin

52.9 %

Strong

Among the 30% highest rated companies in the industry

20182019

Asset turnover

0.71×

Very strong

Among the 20% highest rated companies in the industry

20182019

Debt / equity

0.30×

Weak

Among the 40% lowest rated companies in the industry

20182019

Sector performance

25 of 28 ratios graded

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

Profitability

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)Very strong

Among the 20% 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)Very strong

Among the 20% 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 10% highest rated companies in the 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 ratioWeak

Among the 40% 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 10% 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 equityAverage

Around the average of companies in the same 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 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 ratioAverage

Around the average of companies in the same 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 equityWeak

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

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

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

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

Interest marginVery strong

Among the 10% 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.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

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

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverAverage

Around the average of companies in the same 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 capitalWeak

Among the 30% 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 equityVery strong

Among the 10% 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 weak

Among the 20% 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 2019
Filed via Bolagsverket / SCB · Period 2018-05-01 – 2019-04-30
Annual report 2018
Filed via Bolagsverket / SCB · Period 2016-12-01 – 2018-04-30

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Exire AB?

Exire AB is registered with Bolagsverket / SCB under Org 5590945944.

What is the revenue of Exire AB?

Exire AB reported revenue of SEK 140.0k in 2019.