CDL Wheels AB

ABActive

Org 5592324148Biskopskulla Ramsta 1, 749 63 ÖrsundsbroRepair and maintenance of motor vehicles· NACE 9531Est. 2019 · 6 years old5-9 employees

Overview

CDL Wheels AB is a Swedish AB based in Örsundsbro, operating in the Repair and maintenance of motor vehicles sector. Incorporated in 2019, the company reported revenue of SEK 28.6m in its latest annual filing.

Revenue 2024

28.6M SEK

−3% vs 2023

EBITDA margin

1.4 %

−68% vs 2023

Net profit 2024

0.2M SEK

-39% vs 2023

Key ratios

See full ratios →

12.0 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

0.5×

Very weak

Among the 10% lowest rated companies in the industry

20202024

2.7 %

Average

Around the average of companies in the same industry

20202024

EBITDA — year on year

SEK thousands

Key figures

Annual report 2024

Revenue	28.6M SEK	-3%
EBITDA	0.4M SEK	-68%
Net profit	0.2M SEK	-39%
Total assets	8.1M SEK	-14%
Equity	1M SEK	+29%
Employees	—	—

Contact

Address

Biskopskulla Ramsta 1, 749 63 Örsundsbro

christer@laitala.se

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Financial development

In its most recent annual report (2024), CDL Wheels AB reported revenue of SEK 28.6m, a decrease of 3% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net profit of SEK 221.7k, and the EBITDA margin stood at 1.4%.

At the end of 2024, equity financed 12% of the balance sheet, and current assets covered short-term debt 0.5 times.

Financials

Revenue

SEK millions

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2024	2023	2022	2021	2020
Revenue	28,597	29,445	27,486	19,686	12,883
Staff expenses	-10,010	-9,712	-3,239	—	—
EBITDA	391	1,233	84	243	94
Depreciation & amort.	-303	-164	352	-478	-20
EBIT	87	1,069	435	-235	74
Net financials	-63	-73	-20	104	-14
Profit before tax	222	514	415	-88	17
Tax	-0	152	—	-0	-4
Net profit	222	362	415	-88	13

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Balance sheet

SEK thousands

Item	2024	2023	2022	2021	2020
Total assets	8,125	9,447	6,256	6,615	5,009
Equity	974	753	465	50	63
Long-term debt	2,335	1,841	0	122	306
Short-term debt	4,531	6,371	5,790	6,442	4,597
Total debt	6,866	8,212	5,790	6,564	4,903

Financial ratios

5-year trend

EBITDA margin

1.4 %

20202024

Equity ratio

12.0 %

Very weak

Among the 20% lowest rated companies in the industry

20202024

Return on equity

22.8 %

Average

Around the average of companies in the same industry

20202024

Net profit margin

0.8 %

Weak

Among the 40% lowest rated companies in the industry

20202024

Asset turnover

3.52×

Strong

Among the 30% highest rated companies in the industry

20202024

Debt / equity

7.34×

Very weak

Among the 10% lowest rated companies in the industry

20202024

Sector performance

28 of 28 ratios graded

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

Profitability

Gross marginVery weak

Among the 20% 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 40% 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)Average

Around the average of companies in the same 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)Weak

Among the 40% 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 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 10% 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 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 equityWeak

Among the 30% 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 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 ratioStrong

Among the 30% 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 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 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 coverageWeak

Among the 40% lowest rated companies in the industry

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

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

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

Interest marginAverage

Around the average of companies in the same 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 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 strong

Among the 20% 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 equityStrong

Among the 30% highest rated companies in the industry

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

One-year change in debtStrong

Among the 30% highest rated companies in the industry

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

Annual reports & filings

Annual report 2024
Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
Annual report 2020
Filed via Bolagsverket / SCB · Period 2019-12-01 – 2020-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
AK Ado Korda Audit	Audit	2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
TL Tuula Laitala Deputy Board Member	Deputy Board Member	2022
MC Marko Christer Laitala Board of Directors	Board of Directors	2022

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 CDL Wheels AB also hold positions in 388 other companies.

Person	Role here	Other companies
Ado Korda	Audit	387 companiesMany roles
Marko Christer Laitala	Board of Directors	1 company

Frequently asked questions

What is the Org number of CDL Wheels AB?

CDL Wheels AB is registered with Bolagsverket / SCB under Org 5592324148.

What is the revenue of CDL Wheels AB?

CDL Wheels AB reported revenue of SEK 28.6m in 2024.

Where is CDL Wheels AB headquartered?

CDL Wheels AB's registered address is Biskopskulla Ramsta 1.