Substorm AB
ABActiveOrg 5592057466Hamngatan 40, 941 32 PiteåBusiness and other management consultancy activities· NACE 7020Est. 2019 · 7 years old7 employees
Loading company…
Overview
Substorm AB is a Swedish AB based in Piteå, operating in the Business and other management consultancy activities sector. Incorporated in 2019, the company has 7 employees and reported revenue of SEK 5.4m in its latest annual filing.
Revenue 2025
5.4M SEK
−15% vs 2024
EBITDA margin
−38.4 %
+22% vs 2024
Net profit 2025
-2.9M SEK
-25% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
10.6 %
Very weakAmong the 10% lowest rated companies in the industry
20222025
Liquidity ratioCurrent assets ÷ Short-term debt
1.6×
WeakAmong the 30% lowest rated companies in the industry
20222025
Return on assets (ROA)Net profit ÷ Total assets × 100
-22.8 %
Very weakAmong the 20% lowest rated companies in the industry
20222025
EBITDA — year on year
SEK thousandsKey figures
Annual report 2025| Revenue | 5.4M SEK | -15% |
| EBITDA | -2.1M SEK | +22% |
| Net profit | -2.9M SEK | -25% |
| Total assets | 12.7M SEK | +89% |
| Equity | 1.4M SEK | +79% |
| Employees | 7 | — |
Company information
Legal name
Substorm AB
Org number
5592057466
Legal form
Aktiebolag
NACE code
Founded
15 May 2019 · 7 years
Share capital
SEK 66,650
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas två i förening av ledamöterna Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget ska vara verksamt inom automation i form av robotlösningar, artificiell intelligens och maskininlärning och till det kopplade verksamhetsutvecklande tjänster såsom föreläsningar, projektledning, process och affärsanalys samt därmed förenlig verksamhet. Bolaget ska även äga och förvalta aktier och andelar i dotter- och intressebolag samt därmed förenlig verksamhet.
(no translation available)
Address
Hamngatan 40, 941 32 Piteå
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Substorm AB reported revenue of SEK 5.4m, a decrease of 15% on the year before. The figures on this page draw on 5 annual filings covering 2022 to 2025. The bottom line showed a net loss of SEK 2.9m, and the EBITDA margin stood at -38.4%.
At the end of 2025, equity financed 10.6% of the balance sheet, and current assets covered short-term debt 1.6 times.
Financials
Revenue
SEK millionsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2025 | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 5,418 | 6,376 | 16,245 | 20,628 | 16,136 |
| Staff expenses | -9,164 | -8,078 | — | — | -12,588 |
| EBITDA | -2,081 | -2,679 | -2,294 | 1,047 | 863 |
| Depreciation & amort. | -629 | -153 | -0 | -0 | — |
| EBIT | -2,710 | -2,832 | -2,294 | 1,047 | 863 |
| Net financials | -193 | -91 | -139 | -55 | -15 |
| Profit before tax | -2,903 | -2,922 | -1,723 | 712 | 749 |
| Tax | — | 592 | 336 | -175 | -172 |
| Net profit | -2,903 | -2,331 | -1,387 | 537 | 577 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
SEK thousands| Item | 2025 | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Total assets | 12,719 | 6,720 | 5,473 | 7,822 | 5,839 |
| Equity | 1,353 | 758 | 539 | 1,340 | 1,403 |
| Long-term debt | 9,023 | 2,256 | 2,162 | 1,873 | 668 |
| Short-term debt | 2,343 | 3,705 | 2,773 | 3,899 | 3,338 |
| Total debt | 11,366 | 5,962 | 4,935 | 5,772 | 4,006 |
Financial ratios
5-year trendEBITDA margin
-38.4 %
20222025
Equity ratio
10.6 %
Very weakAmong the 10% lowest rated companies in the industry
20222025
Return on equity
-214.5 %
Very weakAmong the 10% lowest rated companies in the industry
20222025
Net profit margin
-53.6 %
Very weakAmong the 10% lowest rated companies in the industry
20222025
Asset turnover
0.43×
AverageAround the average of companies in the same industry
20222025
Debt / equity
8.40×
Very weakAmong the 10% lowest rated companies in the industry
20222025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery strong
Among the 10% highest 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 marginVery weak
Among the 20% 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 10% 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)Very weak
Among the 20% 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 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 ratioWeak
Among the 30% 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 20% 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 30% 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 ratioWeak
Among the 30% 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 debtVery weak
Among the 20% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% 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 10% 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.
Inventory turnoverVery weak
Among the 20% 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 capitalStrong
Among the 40% 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 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 2025Filed via Bolagsverket / SCB · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via Bolagsverket / SCB · Period 2024-05-01 – 2024-12-31
- Annual report 2024Filed via Bolagsverket / SCB · Period 2023-05-01 – 2024-04-30
- Annual report 2023Filed via Bolagsverket / SCB · Period 2022-05-01 – 2023-04-30
- Annual report 2022Filed via Bolagsverket / SCB · Period 2021-05-01 – 2022-04-30
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
AS Chief Executive Officer | Chief Executive Officer | 2020 |
BM | Audit | 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
AS Board of Directors | Board of Directors | 2020 |
AP Chairman | Chairman | 2020 |
ML Board of Directors | Board of Directors | 2025 |
RT Board of Directors | Board of Directors | 2020 |
Former (2)
PJ Board of Directors | Board of Directors | 2021 – 2024 |
NT Board of Directors | Board of Directors | 2021 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 67% | 67% | 2025 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Spin Growth AB
Substorm AB Board network connections
Board members of Substorm AB also hold positions in 280 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bernt Micael Engström | Audit | 262 companiesMany roles |
| Anders Patrik Elfving Hallberg | Chairman | 7 companiesMany roles |
| Ragnar Tobias Mård | Board of Directors | 7 companiesMany roles |
| Anna Sofi Helena Elfving Hallberg | Chief Executive Officer | 2 companies |
| Matilda Linnéa Boson | Board of Directors | 1 company |
| Niklas Timo Karvonen | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Substorm AB?
Substorm AB is registered with Bolagsverket / SCB under Org 5592057466.
What is the revenue of Substorm AB?
Substorm AB reported revenue of SEK 5.4m in 2025.
How many employees does Substorm AB have?
Substorm AB employs 7 people as of the latest annual report.
Who is the CEO of Substorm AB?
Anna Sofi Helena Elfving Hallberg is the CEO of Substorm AB, in role since 2020.
Who is the chairman of Substorm AB?
Anders Patrik Elfving Hallberg chairs the board of Substorm AB, in role since 2020.
Where is Substorm AB headquartered?
Substorm AB's registered address is Hamngatan 40.