Flexio Work AB
ABActiveOrg 5592152481Nordenskiöldsgatan 24, 211 19 MalmöTemporary employment agency activities and other human resource provisions· NACE 7820Est. 2019 · 7 years old200-499 employees
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Overview
Flexio Work AB is a Swedish AB based in Malmö, operating in the Temporary employment agency activities and other human resource provisions sector. Incorporated in 2019, the company reported revenue of SEK 54.1m in its latest annual filing.
Revenue 2025
54.1M SEK
+7% vs 2024
EBITDA margin
1.4 %
−3% vs 2024
Net profit 2025
0.1M SEK
-84% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
5.2 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.1×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
0.4 %
WeakAmong the 40% lowest rated companies in the industry
20212025
EBITDA — year on year
SEK thousandsKey figures
Annual report 2025| Revenue | 54.1M SEK | +7% |
| EBITDA | 0.7M SEK | -3% |
| Net profit | 0.1M SEK | -84% |
| Total assets | 19.5M SEK | -1% |
| Equity | 1M SEK | +8% |
| Employees | — | — |
Company information
Legal name
Flexio Work AB
Org number
5592152481
Legal form
Aktiebolag
Founded
19 August 2019 · 7 years
Share capital
SEK 50,000
Employees
200-499
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas ensam av Ekström, Carl Marcus Firman tecknas två i förening av ledamöterna
Company purpose
Företaget bedriva verksamhet inom bemanning- och rekryterings- området och därmed förenlig verksamhet.
(no translation available)
Contact
Address
Nordenskiöldsgatan 24, 211 19 Malmö
Email
marcus.ekstrom@flexio.com
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Financial development
In its most recent annual report (2025), Flexio Work AB reported revenue of SEK 54.1m, an increase of 7% 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 77.6k, and the EBITDA margin stood at 1.4%.
At the end of 2025, equity financed 5.2% of the balance sheet, and current assets covered short-term debt 1.1 times.
Financials
Revenue
SEK millionsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 54,099 | 50,420 | 32,351 | 35,862 | 32,274 |
| Staff expenses | -47,566 | -44,289 | -28,666 | -30,365 | — |
| EBITDA | 732 | 753 | 101 | 489 | 567 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 732 | 753 | 101 | 489 | 567 |
| Net financials | -664 | 57 | -8 | -35 | — |
| Profit before tax | 271 | 608 | 12 | 54 | 67 |
| Tax | -194 | -126 | 3 | 16 | -14 |
| Net profit | 78 | 482 | 9 | 38 | 53 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 19,477 | 19,639 | 16,023 | 12,166 | 13,867 |
| Equity | 1,022 | 945 | 463 | 454 | 415 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 18,454 | 18,491 | 15,561 | 11,713 | 13,452 |
| Total debt | 18,454 | 18,491 | 15,561 | 11,713 | 13,452 |
Financial ratios
5-year trendEBITDA margin
1.4 %
20212025
Equity ratio
5.2 %
Very weakAmong the 10% lowest rated companies in the industry
20212025
Return on equity
7.6 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
0.1 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Asset turnover
2.78×
StrongAmong the 30% highest rated companies in the industry
20212025
Debt / equity
18.05×
Very weakAmong the 10% lowest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginWeak
Among the 40% 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 40% 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 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 equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Weak
Among the 40% 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)Average
Around the average of companies in the same 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)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 40% 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 20% 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 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 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 strong
Among the 10% highest 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 10% highest 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 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 40% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% 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 turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverStrong
Among the 30% 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 equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same 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 2024-01-01 – 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JF | Audit | 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
CM Chairman | Chairman | 2020 |
RM Board of Directors | Board of Directors | 2020 |
TB Board of Directors | Board of Directors | 2020 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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Company hierarchy
Addknow AB
Flexio Work AB Board network connections
Board members of Flexio Work AB also hold positions in 295 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Johan Fredrik Henriksson | Audit | 273 companiesMany roles |
| Ted Benny Konrad Grahn | Board of Directors | 10 companiesMany roles |
| Carl Marcus Ekström | Chairman | 8 companiesMany roles |
| Rolf Magnus Viklund | Board of Directors | 4 companies |
Frequently asked questions
What is the Org number of Flexio Work AB?
Flexio Work AB is registered with Bolagsverket / SCB under Org 5592152481.
What is the revenue of Flexio Work AB?
Flexio Work AB reported revenue of SEK 54.1m in 2025.
Who is the chairman of Flexio Work AB?
Carl Marcus Ekström chairs the board of Flexio Work AB, in role since 2020.
Where is Flexio Work AB headquartered?
Flexio Work AB's registered address is Nordenskiöldsgatan 24.