Expin AB
ABIn liquidationOrg 5592251887StockholmOther activities auxiliary to financial services, except insurance and pension funding· NACE 6619Est. 2019 · 6 years old0 employees
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Overview
Expin AB is a Swedish AB based in Stockholm, operating in the Other activities auxiliary to financial services, except insurance and pension funding sector. Incorporated in 2019, the company has 0 employees and reported revenue of SEK 1.0m in its latest annual filing.
Revenue 2024
1M SEK
−79% vs 2023
EBITDA margin
−4,038.4 %
−72% vs 2023
Net profit 2024
-189.1M SEK
+78% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
23.4 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
Liquidity ratioCurrent assets ÷ Short-term debt
0.3×
Very weakAmong the 20% lowest rated companies in the industry
20202024
Return on assets (ROA)Net profit ÷ Total assets × 100
-40.1 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 1M SEK | -79% |
| EBITDA | -41.3M SEK | -72% |
| Net profit | -189.1M SEK | +78% |
| Total assets | 471M SEK | +22% |
| Equity | 110.5M SEK | +118% |
| Employees | 0 | — |
Company information
Legal name
Expin AB
Org number
5592251887
Legal form
Aktiebolag
NACE code
Founded
4 November 2019 · 6 years
Share capital
SEK 50,000
Employees
0 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas ensam av likvidatorn
Company purpose
Bolaget har till föremål för sin verksamhet att, direkt eller indirekt, äga och förvalta värdepapper samt genom dotterbolag bedriva konsultverksamhet inom väg- och banservice, samt bedriva därmed förenlig verksamhet.
(no translation available)
Contact
Address
Email
reception@cirio.se
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Financial development
In its most recent annual report (2024), Expin AB reported revenue of SEK 1.0m, a decrease of 79% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of SEK 189.1m, and the EBITDA margin stood at -4,038.4%.
At the end of 2024, equity financed 23.4% of the balance sheet, and current assets covered short-term debt 0.3 times.
Financials
Revenue
SEK thousandsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1,022 | 4,950 | 3,119 | 3,120 | 2,081 |
| Staff expenses | -18,378 | — | — | — | — |
| EBITDA | -41,272 | -23,970 | -9,265 | -4,029 | -3,459 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -41,272 | -23,970 | -9,265 | -4,029 | -3,459 |
| Net financials | -147,791 | -837,267 | -10,422 | -5,196 | -219 |
| Profit before tax | -189,063 | -856,916 | -19,687 | 0 | -3,678 |
| Tax | -0 | -554 | -0 | -0 | -0 |
| Net profit | -189,063 | -857,470 | -19,687 | 0 | -3,678 |
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Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 471,033 | 387,189 | 868,448 | 427,373 | 317,301 |
| Equity | 110,452 | -614,284 | 243,186 | 262,873 | 229,327 |
| Long-term debt | 129,050 | 404,011 | 332,802 | 89,883 | 85,278 |
| Short-term debt | 231,531 | 597,462 | 292,460 | 74,617 | 2,696 |
| Total debt | 360,581 | 1,001,473 | 625,262 | 164,500 | 87,974 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20202024
Equity ratio
23.4 %
Very weakAmong the 20% lowest rated companies in the industry
20202024
Return on equity
-171.2 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
Net profit margin
<−999 %
Very weakAmong the 10% lowest rated companies in the industry
20202024
Asset turnover
0.00×
StrongAmong the 40% highest rated companies in the industry
20202024
Debt / equity
3.26×
Very weakAmong the 20% lowest rated companies in the industry
20202024
Sector performance
25 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% 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 marginVery weak
Among the 10% 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 10% 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 ratioVery weak
Among the 10% 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 ratioVery weak
Among the 10% 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 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 ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery weak
Among the 20% 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 20% 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 20% 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 20% 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 debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 10% 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 turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
One-year change in debtVery strong
Among the 20% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
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 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
- Annual report 2020Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
KE Chief Auditor | Chief Auditor | 2022 |
KJ Liquidator | Liquidator | 2026 |
Former (4)
DH Chief Executive Officer | Chief Executive Officer | 2022 – 2023 |
RC Chief Executive Officer | Chief Executive Officer | 2022 – 2025 |
LF Chief Executive Officer | Chief Executive Officer | 2025 – 2026 |
OG Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (18)
DH Chairman | Chairman | 2022 – 2023 |
AV Chairman | Chairman | 2025 – 2026 |
KM Board of Directors | Board of Directors | 2025 – 2026 |
SH Chairman | Chairman | 2021 – 2022 |
HD Board of Directors | Board of Directors | 2020 – 2021 |
IM Board of Directors | Board of Directors | 2021 – 2022 |
PH Board of Directors | Board of Directors | 2020 – 2021 |
BM Board of Directors | Board of Directors | 2021 – 2022 |
DC Board of Directors | Board of Directors | 2022 – 2023 |
GO Board of Directors | Board of Directors | 2021 – 2022 |
MP Chairman | Chairman | 2020 – 2021 |
OJ Board of Directors | Board of Directors | 2022 – 2024 |
JM Board of Directors | Board of Directors | 2022 – 2023 |
JC | Chairman | 2025 – 2025 |
LJ Board of Directors | Board of Directors | 2021 – 2025 |
BO Board of Directors | Board of Directors | 2021 – 2025 |
ES Board of Directors | Board of Directors | 2020 – 2021 |
JE Board of Directors | Board of Directors | 2025 – 2026 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
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Company hierarchy
Ratos Infra AB100%
Ratos Depå AB94%
Expin Group AB100%
Expin AB (this company)Ratatek Service Oy100% ownedRatatek Oy100% ownedRatatek Service Oy100% ownedNVBS Rail AB100% ownedNVBS Infra AB100% ownedIndustria i Norden AB100% ownedNVBS Anläggning AB100% ownedNVBS Rail Norway AS100% ownedNvbs Rail Norway AS100% ownedSaxin & Ankerstedt Elentreprenader AB100% ownedTKBM Entreprenad AB100% ownedSvenska Mätteknikgruppen AB100% ownedElektrosignal Invest Sthlm AB100% ownedNVBS Projekt AB100% ownedRatatek Oy83% ownedBoard network connections
Board members of Expin AB also hold positions in 636 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kjell Erik Johan Holmberg | Chief Auditor | 131 companiesMany roles |
| Bo Magnus Svensson Henryson | Board of Directors | 118 companiesMany roles |
| Karl Johan Anders Björlin | Liquidator | 76 companiesMany roles |
| Percival Hugo Calissendorff | Board of Directors | 59 companiesMany roles |
| Marcus Planting-Bergloo | Chairman | 53 companiesMany roles |
| Håkan Dahlin | Board of Directors | 40 companiesMany roles |
| Edvard Sebastian Ehrnrooth | Board of Directors | 19 companiesMany roles |
| Gunnar Ove Bergkvist | Board of Directors | 18 companiesMany roles |
| David Hans Olof Skalin | Chief Executive Officer | 17 companiesMany roles |
| Daniel Carl Edvard Skalin | Board of Directors | 16 companiesMany roles |
| Oskar Gabriel Oxenstierna | Chief Executive Officer | 15 companiesMany roles |
| Anna Vedrana Vilogorac | Chairman | 13 companiesMany roles |
| Svante Hagman | Chairman | 11 companiesMany roles |
| Jacob Emil Kristofer Landén | Board of Directors | 9 companiesMany roles |
| Johan Christian Johansson Gebauer | Chairman | 8 companiesMany roles |
| Robert Claus Otmar Röder | Chief Executive Officer | 6 companiesMany roles |
| Lars Fredrik Häggström | Chief Executive Officer | 6 companiesMany roles |
| Björn Olof Östlund | Board of Directors | 6 companiesMany roles |
| Oscar Johan Eric Tydén | Board of Directors | 5 companies |
| Johan Magnus Ralsberg | Board of Directors | 5 companies |
| Katarina Margareta Grönwall | Board of Directors | 2 companies |
| Lars Jonas Ågrup | Board of Directors | 2 companies |
| Ingela Maria Bendrot | Board of Directors | 1 company |
Frequently asked questions
What is the Org number of Expin AB?
Expin AB is registered with Bolagsverket / SCB under Org 5592251887.
What is the revenue of Expin AB?
Expin AB reported revenue of SEK 1.0m in 2024.
Where is Expin AB headquartered?
Expin AB's registered address is Stockholm.