Bilglas i Söder AB

ABDissolved

Org 5590967591Economic activity was not specified by tax authority· NACE 0000Est. 2017 · 9 years old6 employees

Overview

Bilglas i Söder AB is a Swedish AB, operating in the Economic activity was not specified by tax authority sector. Incorporated in 2017, the company has 6 employees and reported revenue of SEK 3.9m in its latest annual filing.

Revenue 2018

3.9M SEK

+158% vs 2017

EBITDA margin

2.0 %

+120% vs 2017

Net profit 2018

-0.1M SEK

+83% vs 2017

Key ratios

See full ratios →

-11.4 %

Very weak

Among the 10% lowest rated companies in the industry

20172018

0.9×

Weak

Among the 30% lowest rated companies in the industry

20172018

-1.9 %

Weak

Among the 30% lowest rated companies in the industry

20172018

EBITDA — year on year

SEK thousands

Key figures

Annual report 2018

Revenue	3.9M SEK	+158%
EBITDA	0.1M SEK	+120%
Net profit	-0.1M SEK	+83%
Total assets	3.7M SEK	+219%
Equity	-0.4M SEK	-20%
Employees	6	—

Financial development

In its most recent annual report (2018), Bilglas i Söder AB reported revenue of SEK 3.9m, an increase of 158% on the year before. The figures on this page draw on 2 annual filings covering 2017 to 2018. The bottom line showed a net loss of SEK 70.0k, and the EBITDA margin stood at 2%.

At the end of 2018, current assets covered short-term debt 0.9 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2018	2017
Revenue	3,850	1,490
Staff expenses	—	—
EBITDA	78	-381
Depreciation & amort.	-147	-20
EBIT	-69	-401
Net financials	-1	-1
Profit before tax	-70	-401
Tax	-0	-0
Net profit	-70	-401

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Balance sheet

SEK thousands

Item	2018	2017
Total assets	3,694	1,159
Equity	-421	-351
Long-term debt	633	633
Short-term debt	3,483	878
Total debt	4,116	1,511

Financial ratios

5-year trend

EBITDA margin

2.0 %

20172018

Equity ratio

-11.4 %

Very weak

Among the 10% lowest rated companies in the industry

20172018

Return on equity

—

20172018

Net profit margin

-1.8 %

Weak

Among the 30% lowest rated companies in the industry

20172018

Asset turnover

1.04×

Very strong

Among the 10% highest rated companies in the industry

20172018

Debt / equity

—

20172018

Sector performance

20 of 28 ratios graded

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

Profitability

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 marginWeak

Among the 30% 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 assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Weak

Among the 30% lowest 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.

Return on equity (ROE)Not rated

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

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

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

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

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 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 40% 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 ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

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.

Current assets to equityNot rated

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

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.

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.

Income to debtWeak

Among the 40% lowest 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 coverageVery weak

Among the 20% lowest 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 marginWeak

Among the 30% 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.

Debt to equityNot rated

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

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

Liabilities to equityNot rated

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

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

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

Inventory turnoverVery weak

Among the 10% 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 weak

Among the 10% 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 debtVery weak

Among the 10% lowest rated companies in the industry

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

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 2018
Filed via Bolagsverket / SCB · Period 2018-01-01 – 2018-12-31
Annual report 2017
Filed via Bolagsverket / SCB · Period 2017-01-01 – 2017-12-31

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
AP Anders Peter Jensen Board of Directors	Board of Directors	2020
RJ Rizwan Joakim Rasiwala Deputy Board Member	Deputy Board Member	2020

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 Bilglas i Söder AB also hold positions in 53 other companies.

Person	Role here	Other companies
Anders Peter Jensen	Board of Directors	34 companiesMany roles
Rizwan Joakim Rasiwala	Deputy Board Member	19 companiesMany roles

Frequently asked questions

What is the Org number of Bilglas i Söder AB?

Bilglas i Söder AB is registered with Bolagsverket / SCB under Org 5590967591.

What is the revenue of Bilglas i Söder AB?

Bilglas i Söder AB reported revenue of SEK 3.9m in 2018.

How many employees does Bilglas i Söder AB have?

Bilglas i Söder AB employs 6 people as of the latest annual report.